Automobile sales by admin- Monday, November 2nd, 2020 04:08:59 PM
TVS Motors October 2020
TVS Motors income grew 22% yoy to 394,724 gadgets and were ahead of our estimates of three.33 lakh devices.
2W income grew 24% yoy three.Eighty two lakh units. Domestic two-wheeler sales grew 19% yoy to 301,380 devices driven by using extended choice for private transport, channel filling beforehand of festive season and healing in demand (preliminary festive demand in Navratra-Dusherra become effective on yoy basis). Export 2W income grew forty five% yoy to eighty,741 devices driven by way of strong call for in key export markets of Africa and Latin America.
3W income dropped 17% yoy to 12,603 gadgets.
Ashok Leyland October 2020 income
Ashok Leyland typical sales recorded increase in October 2020 with sales at nine,989 gadgets compared to nine,857 devices in October 2019. CV income grew for the primary time due to the fact April 2019.Sales have been better than our estimates of nine,550 devices.
MHCV sales decline narrowed to 11% yoy (compared to 23% drop in September 2020) pushed via recuperation in economic system publish Government unencumber measures.
LCV sales grew 14% yoy to 5,401 gadgets pushed by way of market proportion gains on again of latest launches. Also increased e-trade sales brought about strong call for for LCV.
Bajaj Auto October 2020 sale
Bajaj Auto usual income grew 11% yoy to 512,038 devices which is better than our estimates of 4.79 lakh gadgets.
Domestic bike sales grew 11% yoy pushed by using accelerated preference for personal transportation, channel filling and healing in call for in preliminary festive season (sales in Navratri period recovered to ninety seven% of closing year).
Export bikes grew strongly 29% yoy force by sturdy demand in key distant places markets.
CV income recovered with drop of 35% yoy in October as compared to 44% drop in September 2020.CV exports grew four% yoy whilst home CV sales have been down sixty five% yoy.