Two-wheeler Sales Report November 2020: Honda, Royal Enfield, Bajaj, TVS, Yamaha And Suzuki
Published On Dec 2, 2020 06:10 PM By Gaurav Sadanand
Almost all manufacturers reported positive growth in the month of November 2020
- Honda’s domestic sales grew by 11 percent compared to November last year.
- Bajaj registered a growth of 7 per cent as opposed to November 2019.
- Domestic two-wheeler sales for TVS Motors grew by 30% compared to November 2019.
- Yamaha reported its 5th consecutive month of positive growth.
The two-wheeler sector seems to be gaining momentum after nosediving sales during the lockdown. All manufacturers leading from Honda to Suzuki have reported positive growth in the month of November 2020. The highest gainers last month seem to be TVS and Yamaha who grew by over 20 per cent compared to November 2019. Here’s what the stats look like…
The festive seasons as always seems to have worked in Honda’s favour. It reeled in 412,641 units in November ’20 compared to 373,283 units a year ago. The company hence grew its domestic sales by 11 per cent last month and even reported positive growth in exports which increased by 9 per cent compared to November 2019. Honda’s newly launched CB350 also contributed to its monthly sales by raking in over 1000 sales in just 20 days.
Bajaj Auto which saw its ups and downs in the past couple of months reported a 7 per cent domestic sales growth. The brand sold 1,88,196 two-wheelers last month as compared to 1,76,337 units in the corresponding month last year. Exports grew by 18 per cent last month as opposed to November 2019.
Hosur based two-wheeler manufacturer TVS announced a 30 percent growth last month compared to the same period last year. It ended last month with 1,33,531 units sales purely consisting of motorcycles. In comparison, it sold 1,05,963 units in November 2019 which is a 26 per cent sales growth. Its scooter division too had a positive impact, roping in 1,06,196 units last month and registering a YOY growth of 26 percent. Overall two-wheeler sales constituted 3,11,519 units -- a growth of 25% against November 2019.
Next up is Royal Enfield, one of the oldest classic brands in the country. It too climbed up the ladder last month, although just marginally by registering a growth of 1 percent. Its domestic sales consisted of 59,084 units last month in contrast to 58,292 units in November 2019. The brand's exports are a whole different story. Royal Enfield expanded its exports by a whopping 122 percent, climbing from just 2,119 units last year to 4,698 in November 2020.
Yamaha reported a 35 per cent sales growth overall, increasing its sales from 39,406 units in November 2019 to 53,208 units last month. Interestingly, this is the fifth consecutive month after lockdown where Yamaha reported YOY sales growth.
Japanese bike maker Suzuki sold 64,224 unit sales in November 2020. This comprised 57,429 domestic sales and 6,795 exports amid the Covid-19 outbreak.