Auto Sales In July 2020: Hero MotoCorp Sales Back At Levels Seen A Year Ago
Ashok Leyland
Sales Fell 56% Year-on-Year To 4,775 Units Total sales of Ashok Leyland Ltd. fell 56% year-on-year to 4,775 units in July 2020 from 10,926 units a year ago, according to an exchange filing on Saturday.
Truck sales fell 70% year-on-year to 1,461 units.
Bus sales fell 87% year-on-year to 244 units.
Light CV sales fell 27% year-on-year to 3,070 units.
The company exported 493 commercial vehicles in the previous month.
Royal Enfield (Eicher)
Sales Rose 6% Month-On-Month In July 2020 Royal Enfield sold 40,334 motorcycles in July 2020—indicating a sequential growth of 5.96% and a decline of 25.56% from the year-ago period.
The two-wheeler arm of Eicher Motors Ltd. had sold 38,065 units in June 2020 and 54,185 units in July 2019.
Sales of upto 350cc motorcycles fell 19% year-on-year to 36,384 units.
Sales of 350cc+ motorcycles fell 57% year-on-year to 3,950 units.
Exports fell 52% year-on-year to 2,409 units.
Suzuki Motorcycle
Sales Rose 37% Month-On-Month In July 2020 Sales of Suzuki Motorcycle India Pvt. Ltd. rose 37% sequentially to 31,421 units in July 2020. Exports stood at 2,991 units in the month gone by.
Hero MotoCorp
Sold Over 5 Lakh Two-Wheelers In July 2020 Sales of Hero MotoCorp Ltd. are back at levels seen a year ago, underscoring a sharp rebound in two-wheeler demand in the aftermath of the coronavirus lockdown.
India's largest two-wheeler maker sold 514,509 motorcycles and scooters in July 2020—indicating a sequential growth of 14%.
Wholesale dispatches reached more than 95% of July 2019 numbers, thanks to "strong retail sales due to the positive market demand".
Motorcycle sales fell 2.37% year-on-year to 478,666 units.
Scooter sales fell 21.65% year-on-year to 35,843 units.
Two-wheeler exports fell 69.04% year-on-year 7,563 units.
We find Heromotoco as a good long term stock tip to make money in the market.
Mahindra & Mahindra
Sold 25,678 Trucks, Buses And SUVs In July 2020 Mahindra and Mahindra Ltd. sold 25,678 units of commercial and passenger vehicles in July 2020—indicating a month-on-month growth of 32.64% and decline of 36.03% on a year-on-year basis.
The company's automotive division had sold 19,358 vehicles in June 2020 and 40,142 vehicles in July 2019.
Passenger vehicle sales fell 34.49% year-on-year to 11,025 units.
Commercial vehicle sales fell 17.94% year-on-year to 13,103 units.
Exports for the month of July 2020 were at 1,467 vehicles.
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Ashok Leyland
Sales Fell 56% Year-on-Year To 4,775 Units Total sales of Ashok Leyland Ltd. fell 56% year-on-year to 4,775 units in July 2020 from 10,926 units a year ago, according to an exchange filing on Saturday.
Truck sales fell 70% year-on-year to 1,461 units.
Bus sales fell 87% year-on-year to 244 units.
Light CV sales fell 27% year-on-year to 3,070 units.
The company exported 493 commercial vehicles in the previous month.
Royal Enfield (Eicher)
Sales Rose 6% Month-On-Month In July 2020 Royal Enfield sold 40,334 motorcycles in July 2020—indicating a sequential growth of 5.96% and a decline of 25.56% from the year-ago period.
The two-wheeler arm of Eicher Motors Ltd. had sold 38,065 units in June 2020 and 54,185 units in July 2019.
Sales of upto 350cc motorcycles fell 19% year-on-year to 36,384 units.
Sales of 350cc+ motorcycles fell 57% year-on-year to 3,950 units.
Exports fell 52% year-on-year to 2,409 units.
Suzuki Motorcycle
Sales Rose 37% Month-On-Month In July 2020 Sales of Suzuki Motorcycle India Pvt. Ltd. rose 37% sequentially to 31,421 units in July 2020. Exports stood at 2,991 units in the month gone by.
Hero MotoCorp
India's largest two-wheeler maker sold 514,509 motorcycles and scooters in July 2020—indicating a sequential growth of 14%.
Wholesale dispatches reached more than 95% of July 2019 numbers, thanks to "strong retail sales due to the positive market demand".
Motorcycle sales fell 2.37% year-on-year to 478,666 units.
Scooter sales fell 21.65% year-on-year to 35,843 units.
Two-wheeler exports fell 69.04% year-on-year 7,563 units.
We find Heromotoco as a good long term stock tip to make money in the market.
Mahindra & Mahindra
Sold 25,678 Trucks, Buses And SUVs In July 2020 Mahindra and Mahindra Ltd. sold 25,678 units of commercial and passenger vehicles in July 2020—indicating a month-on-month growth of 32.64% and decline of 36.03% on a year-on-year basis.
The company's automotive division had sold 19,358 vehicles in June 2020 and 40,142 vehicles in July 2019.
Passenger vehicle sales fell 34.49% year-on-year to 11,025 units.
Commercial vehicle sales fell 17.94% year-on-year to 13,103 units.
Exports for the month of July 2020 were at 1,467 vehicles.
Get intraday stock recommendations here and make money in the stock market.
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