The two-wheeler major s total two-wheeler sales increased 62.44% to 1,83,044 units in May 2021 as against 1,12,682 units in May 2020.On a sequential basis, the company s total sales declined 50.83% in May 2021 compared with 372,285 units sold in April 2021.
Total domestic sales increased 46.59% to 159,561 units in May 2021 compared with 108,848 units in May 2020. Exports soared 512% to 23,483 units in May 2021 over May 2020.
Hero said sales in the month of May 2021 were adversely impacted due to the closure of plant operations in view of the escalation in the spread of the COVID-19 in the country. Considering this unprecedented situation, Hero said sales volume of May 2021 is not comparable with the corresponding month of the previous year (May 20) and sequential months of this year.
Read more about Hero MotoCorp, Eicher Motors, ITC in spotlight on Business Standard. Hero MotoCorp sold 183,044 units of two-wheelers in the month of May 2021. Sales in the month of May 2021 were adversely impacted due to the closure of plant operations in view of the escalation in the spread of the Coronavirus in the country.
Read more about Samsung s exit from LCD biz, chip shortage hit global monitor panel market on Business Standard. Global monitor panel shipments declined in the first quarter of the year mainly due to Samsung Displays exit from the monitor LCD display manufacturing business and a shortage of semiconductors.
Read more about Eicher Motors motorcycle sales rises 43% YoY on Business Standard. Total Royal Enfield motorcycle sales jumped 43% to to 27,294 units in May 2021 as against 19,113 units sold in May 2020.
Two-wheeler major Yamaha Motor India on Tuesday said it has cut ex-showroom prices of its FZS 25 and FZ 25 bikes in the country with immediate effect on account of reduction in the input costs of the two models. The prices of FZS 25 and FZ 25 have been reduced by Rs 19,300 and Rs 18,800, respectively (ex-showroom Delhi). The company has now priced FZS 25 and FZ25 at Rs 1,39,300 and Rs 1,34,800, respectively (ex-showroom Delhi), Yamaha Motor India said in a statement. The models were earlier tagged at Rs 1,58,600 and Rs 1,53,600, respectively. In the recent past, there has been an increase in the input costs, which led to an increase in the ex-showroom prices of our products, especially in the FZ 25 series. Our team has finally managed to bring down these input costs for the FZ 25 Series and being a responsible manufacturer we would like to pass on the benefit to our customers, the Japanese two-wheeler major noted.