The auto sector continues to witness a decline in vehicle sales. For this, companies also gave many great discounts and offer to customers in December to finish the stock. Despite this, sales of two-wheelers declined.
Sales of Hero MotoCorp (Hero MotoCorp) and Suzuki Motorcycle (Suzuki Motorcycle), the country’s largest two-wheeler manufacturer, have been reported in December. These companies have released their sales report. Let’s know about their sales rate …
Hero MotoCorp
Hero MotoCorp has sold 424,845 units in December, down 6.4 percent. The company said in a statement that the company had sold 453,985 units in the same period last year.
Total motorcycle sales in December 2019 were 4,03,625 units as against 417,612 units in December 2018, which was 3.3 percent less. Scooter sales declined by 41.7 percent as compared to 21,220 units in December 2019, compared to 36,373 units in the same period last year.
The company said that domestic sales during December declined by 5.6 percent to 4,12,009 units from 436,591 units in December 2018. At the same time, the export vehicles were reduced by 12,836 units in December 2019 by 26 percent, compared to 17,394 units in the same month last year.
Suzuki Motorcycle
Suzuki Motorcycle clocked 52,351 units of its total sales in December 2019, down slightly from a year earlier. The company sold 52,362 vehicles last year. The company said in a statement that its domestic sales grew by 1.1 percent to 44,368 units in December 2019. In December 2018, the figure was 43,874.
SMIPL Managing Director Koichiro Hirao said that despite the market downturn, the company continued to grow in the year 2019. He said, with the year 2020 entering, we are moving ahead of time to comply with the BS6 (new emission standard) standard in all our products.
