{"id":33037,"date":"2020-08-05T13:34:14","date_gmt":"2020-08-05T08:04:14","guid":{"rendered":"https:\/\/www.livingwithgravity.com\/?p=33037"},"modified":"2020-08-05T13:38:40","modified_gmt":"2020-08-05T08:08:40","slug":"hero-motocorp-honda-india-and-tvs-show-decline-in-motorcycle-sells","status":"publish","type":"post","link":"https:\/\/livingwithgravity.com\/hero-motocorp-honda-india-and-tvs-show-decline-in-motorcycle-sells\/","title":{"rendered":"Hero Motocorp, Honda India and TVS show decline in motorcycle sells"},"content":{"rendered":"\n<p><span data-preserver-spaces=\"true\">The planet has taken a toll by COVID-19 pandemic, and the aftermath is visible.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For sure, we are talking about the Indian Motorcycle market, and it has hit.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As per the stats provided by Autoeconomictimes, there are multiple motorcycle manufacturers announced a decline in their sales.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Honda Motorcycle and Scooter India Pvt Ltd<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">We take a look at\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.honda2wheelersindia.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">Honda Motorcycle &amp; Scooter India Pvt. Ltd<\/span><\/a><span data-preserver-spaces=\"true\">. (HMSI), and they are down by almost 37 % they had sold 2,02,837 two-wheelers in June 2020 compared to 3,09,332 units in July 2020.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, there is an increase in export which was 8,042 exported in June compared to 12,251 units in July.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">TVS Motor\u00a0<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">On the other hand,\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.tvsmotor.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">TVS Motor<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0announced a 9.56 % decline in July 2019 they had sold 279,465 units compared to 252,744 in July 2020.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Month on month sales has grown by 7 27 %. They sold 198,387 units in June 2020.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Domestic sales went down by 9 %, which is 189,647 units as against 208,489 units in 2019.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Hero Motocorp<\/span><\/h2>\n<p><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.heromotocorp.com\/en-in\/the-bike\/two-wheeler-motorcycles.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">Hero\u00a0<\/span><\/a><span data-preserver-spaces=\"true\">registered a marginal decline, which is 0.86 % YoY. So in July 2020, they sold 506,946 units of motorcycles and scooters.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Compared to the 511,374 units in July 2019 and reached more than 95% of wholesale dispatch nos compared to the corresponding months in July 2019.<\/span><\/p>\n<p><strong>Read More<\/strong><\/p>\n<p><a href=\"https:\/\/www.livingwithgravity.com\/news-triumph-brings-all-new-rocket-3-r-and-rocket-3gt\/\">Triumph brings all-new Rocket 3 and Rocket 3GT<\/a><br \/><a href=\"https:\/\/www.livingwithgravity.com\/triumph-tiger-unveils-800-rally-and-gt-teaser\/\">Tiger 800 Rally and GT teaser<\/a><br \/><a href=\"https:\/\/www.livingwithgravity.com\/news-suzuki-katana-r-concept\/\">Suzuki Katana R Concept<\/a><br \/><a href=\"https:\/\/www.livingwithgravity.com\/hero-motocorp-to-resume-its-operations\/\">Hero MotoCorp to resume the operations<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":13,"featured_media":33039,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,39],"tags":[21292],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/posts\/33037"}],"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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/comments?post=33037"}],"version-history":[{"count":2,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/posts\/33037\/revisions"}],"predecessor-version":[{"id":33040,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/posts\/33037\/revisions\/33040"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/media\/33039"}],"wp:attachment":[{"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/media?parent=33037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/categories?post=33037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livingwithgravity.com\/wp-json\/wp\/v2\/tags?post=33037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}