fb-pixel-codeTwo Wheelers Sales in February 2022 in India Decline-Hero, Bajaj, TVS, Honda All in Red
अपनी भाषा में पढ़ें

Two Wheelers Sales in February 2022 in India Decline-Hero, Bajaj, TVS, Honda All in Red

    Posted by Arun Dagar On 04-Mar-2022 07:47 AM

    Views 4107 Views

two wheeler sales feb 2022

Two-wheeler sales in India are continuing to spiral down as 2022 has started on a disappointing note and the second month also failed to bring any smile on the faces of the company executives. The YOY sales were down by 27% as only 9,97,528 units were sold last month compared to the 13,64,734 units sold in February 2021. The MOM sales also registered a de-growth of 8.2%, which were down from the 10,87,496 units of January 2022. Here are the detailed sales numbers of the major two-wheeler manufacturers in India:

Hero MotoCorp

Hero MotoCorp sales for February 2022 were disappointing as the company continues to lay in the red. It shows that the YOY sales declined by 31.5% to 3,31,462 units in February 2022 in comparison to selling 4,84,433 units in February 2021. The monthly sales (MOM) reports have shown a 7.5% de-growth from the 3,58,660 units sold in January 2022. Hero Motocorp has just revealed their EV brand Vida in India as reported by us.

Also Read: Top 10 cars in February 2022

Honda

Honda Motorcycles and scooters India ( HMSI ) have registered a 30.5 % decline in sales when 2,85,677 units were sold in February 2022 as compared to 4,11, 578 units sold in February 2021. The Month over Month sales have decreased too, by 9.3%, down from the 3,15,197 units sold in January 2022. The bulk of these sales figures are from the popular Honda Activa scooters.

TVS Motors

TVS also registered negative sales last month as YOY sales stood at 1,73,198 units instead of the 1,95,145 units sold in February 2021. Thus, the company reported a loss of 11.25%, which is not huge compared to the losses of other companies. The company however had a fruitful February, as its MOM sales increased slightly by 3.2% from the 1,67,795 units sales of January 2022.

Bajaj Auto

Bajaj reported decline in its Year-on-Year sales as well as its Month-on-Month sales also plummeted in the red. The MOM sales decreased by massive 28.7%, down to only 96,535 in February 2022 compared to 1,35,496 units of January 2022. Among the major two-wheeler companies this was the steepest fall in monthly sales for any company. The YOY sales were down by 35% from the 1,48,934 units sold in February 2021. The company is looking to update the entire Bajaj Pulsar bike range in India in this year, as the current line-up is ageing compared to the rivals.

Also Read: Top 10 Car Brands in Feb 2022 in India

Suzuki Motorcycle India

Another tow-wheeler manufacturer, Suzuki Motorcycles India saw its sales decline, but it had less impact on its sales due to the marginal dip in sales numbers. The YOY sales were down by 927 units, as the company sold 58,603 units last month compared to 59,530 units it sold in February 2021. The MOM sales also declined by 3% from the 60,623 units it sold in January 2022. Its sales are expected to improve next month as it recently launched the Suzuki Avenis 125 price Rs 86,700, scooter in India.

Royal Enfield

Royal Enfield, the undisputed king of the cruiser bike market in India, showed marginal growth of 4.8% in MOM sales as it sold 52,135 units last month against the 49,726 units it sold in January 2022. The YOY sales were down though, as the company reported a loss of 20% in its yearly sales, which stood at 65,114 units in February 2021. The company has recently trademarked the Constellation name in India for one of its upcoming bikes.