Two-Wheeler Sales June 2019: Hero MotoCorp Registers 12 Per Cent Drop

Two-wheeler giant Hero MotoCorp reported a decline of 12.49 per cent in total volumes with 616,526 units sold in June 2019. In comparison, the manufacturer sold 704,562 units in June 2018. That said, it is the second consecutive month this fiscal that world's largest two-wheeler maker has sold over six lakh units in monthly sales this fiscal. The company continues to register a decline in volumes, not too different from the overall market sentiment in terms of sales. Hero had about four new product launches in the last few months including the XPulse, Xtreme 200S, Maestro Edge 125 and the new Pleasure 110.

Hero MotoCorp also rolled out the company's and effectively India's first BS6 compliant two-wheeler with the new Splendor iSmart that receive the BS6 certification (Type Approval Certificate) from the International Centre for Automotive Technology (ICAT). Hero also announced the appointment of Yerry Mina, the popular Colombian footballer, as its new brand ambassador in June this year.

While the past months have been dull for the auto industry to say the least, manufacturers are hoping for a more positive second half of 2019. Companies are betting big on a favourable monsoon, followed by the festive season to stabilise the buying sentiment.  Volumes are also expected to go up with a lot pre-buying likely to happen before BS6 emission regulations kick in. The next few months will be crucial for the auto industry as it reels back to favourable volumes.



from NDTV CarAndBike - Latest News

Comments

Post a Comment

Popular posts from this blog

Harley-Davidson Streetfighter Spotted In Flesh For The First Time

Image
Harley-Davidson unveiled a range of new motorcycles last year that included an adventure tourer, streetfighter and Custom range. This, along with the LiveWire electric motorcycle defines the new-age 21st century offerings from the manufacturer as it taps into newer markets and caters to an evolving customer base. Now, giving a glimpse of the new models out in the open, the new Harley-Davidson Streetfighter was spotted in the prototype version at what seems to be a trade show in the US, giving a good glimpse at motorcycle looks like in flesh. While board says 'Styling Prototype', the production-spec version of the Streetfighter is likely to stay identical to the model showcased here. In addition to the Streetfighter, the Pan America was also showcased at the same event. The production spec versions of both bikes could be unveiled at EICMA this year. Also Read: Harley-Davidson Livewire To Be Unveiled In India In August The Harley-Davidson Streetfighter is a completely new mot
Read more

Brixton 1200 To Rival Triumph Bonneville T120

Image
A 1200 cc modern classic with similar design lines as Triumph's iconic Bonneville series, has reportedly been cleared for production. The bike was showcased as a concept at last year's EICMA motorcycle show, and from the looks of it, this is a model developed in China with the Triumph Bonneville T120 in its sights. The Brixton brand though is part of Austria's KSR Group, which imports bikes from several Chinese manufacturers, including CF Moto. And while the new Bonneville rival will be manufactured in China, the design and engineering has been created at KSR's design centre in Krups, Austria. Also Read: Triumph Bonnville T120 First Ride Review The Brixton 1200 cc motorcycle has not been named yet, or a launch timeline announced So far, the company has not committed to a launch date yet, but says that it will eventually make it to production. And from the looks of it, that may well be sometime later this year, maybe even at the EICMA 2020 show in Milan, Italy, in
Read more

Zongshen Cyclone RX6 Based On Norton 650 Nearing Completion

Image
While there still doesn't seem to be a buyer for iconic British brand Norton Motorcycles which went into administration in January this year, the firm's 650 cc parallel-twin seems to be finding life in China. While Norton apparently sold off the engine rights of its 961 engine to China's Jinglang just before the brand went into administration, the deal for the 650 cc engine was finalized way back in 2017 with Chinese giant Zongshen. The 650 cc parallel-twin engine was due to be used in Norton's Atlas and Superlight models, but now it looks like that engine platform will make its debut in a Zongshen motorcycle, called the Cyclone R6. Also Read: How Much Is Norton Motorcycles Worth Now? One of the patent designs shows the Cyclone RX6 with full touring accessories and luggage Two prototypes fitted with the 650 cc parallel-twin engine were shown in China late last year, on the Zongshen Cyclone RX6 adventure bike and the RX6 sport tourer. Both bikes used Zongshen-made
Read more