Two Wheeler Sales Analysis- May 2014 - India
May 2014 was very promising for two wheeler industry as every major company recorded increase in sales for this month.
There is growth reported for domestic sales as well as exports.
Hero remain Market leader with over 6 lakh sales , this is their record sales in a non festival month. But the cherry of cake is Honda with astonishing increase in sales.
Honda recorded increase in sales by 55% and 126582 nos. This is even highest if you add up other manufactures sales nos.
Bajaj reports steady growth thanks to their exports.
M&M gain the highest growth percentage .
- Overall sales details are as below with comparison of last year sales.
- Market Share detail is as below
Hero Motocorp retain his share , while there is increase in market share for Honda.
- Growth in May 2014.
M&M reported highest growth in May 2014 with 131% increase in their sales. Honda is no. 2 in terms of sales growth with 55% increase. Yamaha Continues its good show with 40 % growth in sales.
- Growth in terms of numbers.
Again if we combine the increase in sales by all companies except Honda and compare it with Honda nos. by Honda is still ahead with over 2000 nos.
We hope that this growth trend will continue in upcoming months.
- All sales figure is overall sales(export+domestic)
- Scooter and motorcycle figure are combined.
- Data source - Etauto.com, economics times, drivespark.com, press release by hero,honda and M&M.
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