{"id":20137,"date":"2019-10-09T10:48:14","date_gmt":"2019-10-09T05:18:14","guid":{"rendered":"https:\/\/www.livingwithgravity.com\/?p=20137"},"modified":"2019-10-09T10:48:15","modified_gmt":"2019-10-09T05:18:15","slug":"market-watch-indian-motorcycle-market-went-down-by-23","status":"publish","type":"post","link":"https:\/\/livingwithgravity.com\/market-watch-indian-motorcycle-market-went-down-by-23\/","title":{"rendered":"Market Watch: Indian Motorcycle Market went down by 23%"},"content":{"rendered":"\n<p><span data-preserver-spaces=\"true\">Indian market condition worsened in\u00a0<\/span><strong><span data-preserver-spaces=\"true\">August 2019<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0as it went down by &#8211;<\/span><strong><span data-preserver-spaces=\"true\">\u00a023%<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0with\u00a0<\/span><strong><span data-preserver-spaces=\"true\">1.5 million sales<\/span><\/strong><span data-preserver-spaces=\"true\">. Bajaj still showed positive growth due to its recent local plant<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Q3 (July and August) sales closed at\u00a0<\/span><strong><span data-preserver-spaces=\"true\">1.5 million<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0which meant it went down by 17.8 and 23% with Year to Date August figures at 12.666.762 units,\u00a0<\/span><strong><span data-preserver-spaces=\"true\">down a huge 12.8%.<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<h4><span data-preserver-spaces=\"true\">Electric Segment<\/span><\/h4>\n<p><span data-preserver-spaces=\"true\">The electric segment dropped by over 40% for which the Indian government gave target to grow by 20 million units in the coming five years.<\/span><\/p>\n<h4><span data-preserver-spaces=\"true\">How the players are fairing?<\/span><\/h4>\n<ul>\n<li><strong><span data-preserver-spaces=\"true\">Hero:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0Hero sold 4.5 million units but went down by 14.1% and in July and August the conditions worsened as it went down by 22.9% and 21.0%.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Honda:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0Honda went further down by 22% by selling 3.2 million units.<\/span><\/li>\n<li><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.livingwithgravity.com\/tvs-apache-rr-310-launched-india\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span data-preserver-spaces=\"true\">TVS:<\/span><\/strong><\/a><span data-preserver-spaces=\"true\">\u00a0On the third place TVS sold 1.85 million units and went down by 3.6%.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">\u00a0<\/span><strong><span data-preserver-spaces=\"true\">Bajaj Auto:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0With 1.76 million motorcycles sales, up 1.2%. Excluding KTM models those are manufactured and sold in India by Bajaj.<\/span><\/li>\n<li><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.livingwithgravity.com\/news-chances-of-getting-suzuki-hayabusa-falcon-are-becoming-thicker\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span data-preserver-spaces=\"true\">Suzuki:<\/span><\/strong><\/a><span data-preserver-spaces=\"true\">\u00a0Suzuki goes up by +17.3% selling 477.334 unit sales.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Yamaha:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0goes down by -13.5% with 456.422 sales<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Royal Enfield<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0with 450.978 sales (-21.8%) and<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Piaggio :<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0with 134.812 (-3.7%).<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">BMW:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0shows positive growth after they came up with the local plant and has sold 3.100 units<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Harley Davidson<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0struggled as they lost 40.5% sales.<\/span><\/li>\n<\/ul>\n<p><strong><span data-preserver-spaces=\"true\">KTM<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0again shows positive growth with 38.792 sales, up 29%.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":9,"featured_media":5023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,39],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/posts\/20137"}],"collection":[{"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/comments?post=20137"}],"version-history":[{"count":3,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/posts\/20137\/revisions"}],"predecessor-version":[{"id":20140,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/posts\/20137\/revisions\/20140"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/media\/5023"}],"wp:attachment":[{"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/media?parent=20137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/categories?post=20137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/tags?post=20137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}