Sales Figures Reviews

With the start of the new month, automakers in India have started releasing their sales numbers for the month of October 2018. Similar to the previous month, October too was a slow month for several automakers including the marker leader Maruti Suzuki India.

The Innova Crysta witnessed a growth of 11 per cent in sales from April to Oct 2018 as compared to the same period in 2017. The Etios Liva also registered a growth of 17 per cent in terms of sales from April to October 2018.

Maruti Suzuki sold just 3892 units in October 2018 compared to 4107 units during the same period last year. The sales of the Ciaz degrew by 5.2 per cent.

India's Tata Motors Ltd on Wednesday reported a loss for the three months ended September, dented by weak Jaguar Land Rover sales and a one-off charge in respect to a subsidiary closure in Thailand.

Honda Motorcycle and Scooter India (HMSI) introduced the Honda Grazia 125 cc scooter in November last year and the model turned out to be a runaway success for the manufacturer. Almost a year into its launch, HMSI has announced that the Honda Grazia has crossed the two lakh sales milestone. The sales mark comes in 11 months of launch, which translates to around 18,000 units every month. The Grazia is Honda's second offering in 125 cc scooter segment and emerged as a big push for the brand in the segment, which continues to be dominated by the Suzuki Access 125.

Bajaj Auto's entry-level motorcycles, the CT 100 and Platina, continue to drive growth, while the Pulsar and Avenger series of motorcycles make Bajaj the segment leader.

arley-Davidson Inc reported its steepest decline in domestic sales in eight years on Tuesday, and warned that motorcycle shipments for the year will be at the lower end of its forecast as it faces higher tariff-related costs. Milwaukee-based Harley's shares reversed course and were down 5 per cent, giving up pre-market gains after the company recorded its best quarterly profit in two years. "We expect U.S. industry to remain challenged into 2019 and will continue to proactively address the weak U.S. industry," Chief Financial Officer John Olin said on a conference call with analysts. Harley's demographic challenges in the domestic market are well documented - core customers are growing older and efforts to attract new and young riders have yet to show results.

TVS Motor Company's total revenue for the period of July to September 2018 stood at Rs. 4,994 crore, up from Rs. 4,098 crore in the same period a year ago.