The good news for Hero Honda and TVS Motor Company,
two of India''s largest two-wheeler manufacturers is that
both companies reported a strong growth in motorcycle
sales in April 2003, thus starting the current fiscal
on a positive note.
Bajaj Auto also
has some reason to feel happy about a 6-per cent sales
growth last month. Hero Honda sold 1.34 lakh bikes during
April 2003 against 1.15 lakh units sold in April 2002
while TVS sold 58,291 bikes during the month, against
50,283 units sold in the same month last year.
Auto, the Pune-based two-wheeler manufacturer, reported
sales of 71,074 units last month against the 67,136 units
in the corresponding month last fiscal. The company said
the Pulsar and the Caliber 115 are doing well in the market.
TVS''s total two-wheeler
sales during the month touched 84,757 units, a growth
of 5 per cent over its sales of 80,686 units in April
2002. However, the company''s scooter sales during April
continued to slide and stood at 9,880 units against 10,855
units sold in April 2002.
The company''s moped
sales were also down at 16,576 units last month from 19,548
units during the same month last year.
Hero Honda and TVS have lined up new launches for this
year. Hero Honda has already launched a new version of
its CD-Dawn, and TVS has relaunched its upmarket Fiero
with improved features and new pricing.
Hero Honda is getting
ready to launch a 200cc plus bike this month, while TVS
is planning a foray into the four-stroke entry-level bikes
segment this year with the launch of an indigenously developed
Bajaj Auto says
its sales of two-wheelers were down 14.9 per cent at 88,749
units against 1,04,284 units in April 2002, while that
of three-wheelers were down 24.5 per cent at 10,681 units
against 14,147 units last year. The company laid the blame
on the 10-day strike by truckers, which affected volumes
sales. "Inflow of materials and dispatch of goods
were also severely affected," the company maintained.
Auto said it exported 10,527 two- and three-wheelers in
April 2003, achieving a growth of 88.5 per cent. The company
retains a positive outlook for the month of May.