Two-Wheeler Sales January 2020: Hero MotoCorp Announces 14% Decline In Volumes

Hero MotoCorp, the country's leading two-wheeler manufacturer has announced a 14 per cent decline in sales, for the month of January 2020. The two-wheeler maker's total sales stood at 501622 units in January 2020, as against 582,660 two-wheelers sold during the same month in 2019. However, the company says that despite the drop in volumes, it's well on track to complete the migration to BS6 emission norms. Last month, the company launched the BS6 compliant HF-Deluxe and its first BS6 scooter, the Hero Pleasure+ 110 in India.

The company's domestic sales for January 2020 stood at 488,069 units, a de-growth of almost 14.35 per cent as compared to 569,866 two-wheelers sold in India, in January 2019. On the other hand, Hero MotoCorp's exports saw a decent 5.6 per cent growth at 13,553 units, as against the 12,794 two-wheelers exported by the company during the same month last year.

mm15r5h

Last month the company launched the 2020 Hero Pleasure+ 110 FI BS6 Scooter in India

Also, last month the company sold a total of 528,489 motorcycles in India, as compared to 494,390 vehicles sold during the same month in January 2019, registering a 6.4 per cent de-growth. However, scooter dispatches took the biggest hit, with the two-wheeler maker selling 7,232 units compared to the 54,171 scooters sold during the same month in 2019, registering a massive decline of 86 per cent. This is certainly an outcome of the company's transition to BS6 emission norms.

As for Hero's year to date (YTD) sales, between April 2019 and January 2020, the company total sales stood at 5,576,830 two-wheelers as against 6,622,245 units sold between the same period in the financial year 2019.



from 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