
NEW DELHI, May 30: The two-wheeler market leader Bajaj Auto Ltd started first month of the current fiscal with a negative sales growth while other leading players like Kinetic Motors, Hero Honda and TVS Suzuki witnessed impressive sales performance in the two-wheelers segment.
Two-wheelers sales of Bajaj Auto declined by seven per cent in April this year to 72,475 units as compared to 77,953 units recorded in the same month of the previous year, according to the latest data compiled by the Society of Indian Automotive Manufacturers SIAM.
On the other hand, Kinetic Motors8217; sales jumped sharply by 262 per cent to 7860 units in April 1999 as against 2167 units in the same month last year.
TVS Suzuki, Hero Honda and Royal Enfield Motors also followed the same track as their sales grew by 36 per cent, 34 per cent and 13 per cent respectively in the reference month.
TVS Suzuki sold a total 65,008 two-wheelers including 26,374 motorcycles and 8595 scooters in April 1999 as against a total sales of 47,782in the same month last year.
Total sales of two-wheelers in the country increased by nine per cent to 2,75,574 units in the first month of the current financial year as against 2,52,811 in April 1998.
The leading scooter manufacturer, LML Ltd witnessed a six per cent drop in sales during April this year as the company could sell 25,299 scooters as against 27,006 units in the same month last year.
Another scootor producer Maharashtra Scooters Ltd reported a 28 per cent decline in sales in the first month of the current financial year to 12,914 scooters from 17,903 units sold in the same month last year.
Total scooters sales dipped by four per cent to 96,367 units in the reference month as compared to 100,317 scooters sold in April 1998.
However, motorcycles segment performed better as total motorcycles sales in the country was up by 18 per cent. All the motorcycle manufacturers put together sold 127,241 units in April this year as against 107,692 in April last year.
Sales of moped also increased by16 per cent to 51,966 units in April this year as compared to 44,802 units sold a year ago.
Among the mopeds segment, sales performance of Kinetic Engineering Ltd was quite impressive as its sales grew by 36 per cent to 10,300 units in April this fiscal from 7547 units in the same month last year.