Slow Start For Car Sales In 2015, Excise Hike Hits Demand In January

In the two-wheeler segment, market leader Hero MotoCorp witnessed a marginal decline in January 2015 at 5,58,982 units as against 5,61,253 units sold in the corresponding month last year.

Rival Honda Motorcycle & Scooter India reported 14.24 per cent growth in total sales for January 2015 at 3,93,787 units as against 344,678 units in corresponding month of 2014.

Bajaj Auto reported 12 per cent decline in motorcycle sales at 2,46,955 units in January 2015 as against 2,81,390 units in the year ago month.

Chennai-based TVS Motor Co said its domestic two-wheeler sales stood at 1,62,284 units in January, up 3.93 per cent, from 1,56,138 units in the year-ago period.

Yamaha Motor India reported 20.82 per cent rise in domestic two-wheeler sales at 39,309 units during the month as against 32,534 units sold in January 2014.

Niche bike maker Royal Enfield said its January sales were at 28,927 units as against 20,232 units in the same month last year, up 43 per cent.

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