0 Drop in June 2007 Sales figures of Hero Honda, Bajaj and TVS

Sales figures for June 2007 of the top Three Indian Two Wheeler Makers shows a drop

The Indian two wheeler industry is currently going through a lean patch. With rising interest rates, consumers are not exactly in a mood to buy and this has in turn effected the sales figures of the top three Indian two wheeler Makers.

Hero Honda

While Hero Honda sales declined by 8% at 2,55,200 units in June 2007, from 2,78,660 units during the same period in 2006.

Bajaj Auto

Bajaj Auto, recorded a 12% decrease in its total two wheeler sales to 1,64,758 units in June 2007 from 1,88,231 units in June 2006.

TVS Motors

TVS Motor Co Ltd, India's third-biggest motorbike maker, said on Monday it sold 107,117 units in June 2007, down 15% from 126,290 units sold in the same month last year.

Two Wheeler makers are hopefull that after the monsoon season the sales should pick up. Two wheeler sales usually take a hit every year during the monsoon season. The festival season following the monsoons should bring in the numbers for the two wheeler manufacturers.

Hope the bike makers also have a few exciting models in line for launch in the festival season.

News Source:

• Hindu


• Economic Times

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