Royal Enfield sales down 22% in July-September

Royal Enfield, the country’s most popular premium motorcycle brand, reported a 22% decline in its September quarter motorcycle sales, even as revenue for parent Eicher Motors fell 9%. Royal Enfield sold 1.63 lakh motorcycles during the three months, down from 2.10 lakh motorcycles sold over the same period in 2018, even as it invests heavily […]

Strong monsoon helps cushion Mahindra’s September auto sales decline

Mahindra & Mahindra, one of India’s biggest home-grown automakers, reported continued pain in its passenger vehicle department, but sales decline a its commercial vehicle and tractor divisions seemed to show signs of moderation in September. Domestic sales of passenger vehicles were down 33% in September, doing worse than August, when they had declined 32%. The […]

Hero MotoCorp, Tata Motors, Royal Enfield posts sharp falls in August auto sales

Hero MotoCorp, Tata Motors and Royal Enfield have reported sharp declines for their August 2019 auto sales. While Hero MotoCorp, the world’s largest motorcycle manufacturer by volumes, reported a 21% fall in August sales to 5.43 lakhs, Royal Enfield reported a 24% decline and Tata Motors reported a 48% fall. Hero MotoCorp’s numbers indicated an […]

Mahindra July auto sales down 15%

Mahindra & Mahindra Ltd. (M&M Ltd.), the second biggest home-growth automaker, reported a 15% fall in its July auto sales, shortly after Maruti Suzuki reported a 33% decline. Total domestic auto sales was down 16%, versus 35% for Maruti Suzuki. The decline in its Utility Vehicle sales, which account for about 40% of the company’s […]

Maruti Suzuki July auto sales down a whopping 35% in India

Maruti Suzuki reported one of the worst auto sales declines in recent years, with sales in India falling 35.1% to 98,210 vehicles in July 2019. The company had seen a decline of 17.3% in its India retail sales in the previous month, which stood at 1.11 lakh. The decline in July was similar across the […]

JLR retail sales down by 12.2% in May

Jaguar Land Rover, the UK subsidiary of Tata Motors, reported a decline of 12.2% in retail sales in May due to ‘lower sales in China, overseas market and Europe’. It sold 42,370 units in May 2019, down 5,911 units from the same month last year. This compares to a decline of 13.3% posted in April […]

Ashok Leyland reports 4% decline in domestic sales of medium and heavy commercial vehicles in May

Commercial vehicle maker Ashok Leyland reported a 4% drop in domestic sales of medium and heavy commercial vehicles in May as the Indian auto industry grapples with an overall slowdown. Within the medium and heavy commercial vehicle segment, truck numbers fell by 168 units or 2% to 7,325, while bus numbers declined by 173 units […]