Mo­tor­cy­cle News

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TWO-WHEELER mak­ers re­ported a jump in sales and nar­rowed the year-on-year de­cline in July. Fu­elled by the need of per­sonal trans­porta­tion amid the pan­demic, cu­mu­la­tive sales of Hero Mo­toCorp, Honda Mo­tor­cy­cle and Scooter In­dia (HMSI), TVS Mo­tor and Royal En­field in­creased to 7,69,045 units in July from 6,32,349 units in June. The yearon-year de­cline also nar­rowed to 4.4 per cent in July from the high dou­ble-digit de­cline in the pre­vi­ous month. The se­quen­tial re­cov­ery for three straight months comes on the back of a zero-sales month in April which was in­duced by the na­tion­wide lock­down. The re­cov­ery in July was led by the top two com­pa­nies in vol­ume terms. Hero Mo­toCorp dis­patched 5,06,946 units of mo­tor­cy­cles and scoot­ers in July. This is 14 per cent higher than June and only marginally lower than last July’s sales. HMSI, too, saw a strong se­quen­tial re­cov­ery. It dis­patched 3,09,332 two-wheel­ers in July, up 53 per cent over 2,02,837 in June. The y-o-y sales de­cline in July nar­rowed to 32 per cent from 55 per cent in June. TVS and RE also saw re­cov­ery from the past month and a smaller de­cline in YoY sales as com­pared to June.

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