For the month of August 2017, the sales of Bajaj Auto has dipped by 7 per cent. On the other hand, Suzuki saw its highest ever monthly sales with 56,745 units sold in August 2017.
Post GST implementation automakers like Maruti Suzuki India, Hyundai, and Honda Cars India among others have been registering double digit growth and the positive streak can been seen August sales as well.
Sales of Yamaha in Asia grow, while Europe remains flat. But Yamaha's sales in the US have fallen, similar to what Harley-Davidson reported sometime back
The Maruti Suzuki Baleno is one of the more popular hatchbacks in the country and the sales report for July 2017 echoes the same. The top selling cars list for the previous month are out and the Baleno has recorded its highest ever sales with 19,153 units, a growth of 110 per cent over the same period last year.
Honda WR-V crossover has surpassed Honda Cars India's top-selling model, the Honda City in July 2017 sales. Last month 4,894 units of the Honda WR-V were sold in India compared to the Honda City, which accounted for 4854 units.
Two wheeler sales in July 2017 have been positive for most manufacturers including Hero MotoCorp, Honda, TVS, Suzuki and Royal Enfield. This also marks the stabilisation of the Indian two wheeler sector that has been facing uncertainties due to BS-IV emission norms and GST impact.
With BS-IV upgrades and the Goods and Services Tax (GST) norms changing market dynamics in the past months, the Indian two wheeler industry is showing positive signs of growth once again and July 2017 was a testament to the same.
