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  5. Here’s what to expect from Maruti and M&M to Hero Moto and Bajaj in monthly auto sales in June

Here’s what to expect from Maruti and M&M to Hero Moto and Bajaj in monthly auto sales in June

Here’s what to expect from Maruti and M&M to Hero Moto and Bajaj in monthly auto sales in June
  • The two-wheeler segment is expected to see sharper recovery due to the strong rural sentiments and rise in preference for personal mobility to follow social distancing norms.
  • Tractor sales might outperform other segments given the good Rabi-crop procurement, early monsoon leading to better Kharif sowing and farm labour shortage.
  • However, the pressure would continue on commercial vehicles as it is one of the worst-affected segments due to “excess capacity and limited drive availability.”
After the historic zero sales in April and weak consumer demand in May, the Indian automobile sector is now set to rebound. Post the ease of the lockdown more than 80% of dealerships have opened across India, according to the Federation of Automobile Dealers Associations of India.

Analysts at $4 said the two-wheeler segment is expected to see sharper recovery due to the strong rural sentiments and rise in preference for personal mobility to follow social distancing norms. It also said the retail demand is expected to witness higher demand, especially in non-metro cities and rural areas, which are $4.

The broking firm expects tractor sales to outperform other segments given the good Rabi-crop procurement, early monsoon leading to better Kharif sowing and farm labour shortage.

However, it said the pressure would continue on commercial vehicles as it is one of the worst-affected segments due to “excess capacity and limited drive availability.”


“The retail sales are expected to be better than wholesales as Original equipment manufacturer (OEM) dispatches have been relatively lower. Dispatches from OEMs are likely to improve sequentially on the gradual ramp-up in plant utilization levels on the back of the recovery in supply chain and labour issues but are expected to be lower on YoY basis,” according to a report from $4.

Maruti Suzuki India

June 2020 sales

June 2019 sales

Drop in sales %

Domestic sales

48,502

114,861

57.80%

Exports

5,416

9,847

45%

Total sales

53,918

124,708

56.80%

Mahindra & Mahindra

June 2020 sales

June 2019 sales

Drop in sales %

Automotive

14,417

42,547

66.10%

Farm Equipment

32,000

33,094

3.30%

Total Sales

46,417

75,641

38.60%

Bajaj Auto

June 2020 sales

June 2019 sales

Drop in sales %

Motorcycle

213,633

351,291

39.20%

Three-wheeler

21,218

53,333

60.20%

Exports

129,204

175,399

26.30%

Total

234,851

404,624

42%

Hero MotoCorp

June 2020 sales

June 2019 sales

Drop in sales %

Motorcycle

388,411

616,526

37%

TVS Motor Company

June 2020 sales

June 2019 sales

Drop in sales %

Two-wheeler

170,077

283,461

40%

Three-wheeler

5,184

13,641

62%

Total

175,260

297,102

41%

Ashok Leyland

June 2020 sales

June 2019 sales

Drop in sales %

MHCV

843

8,427

90%

LCV

1,753

4,383

60%

Total sales

2,596

12,810

79.70%

Eicher Motors

June 2020 sales

June 2019 sales

Drop in sales %

VECV

1,801

4,502

60%

Royal Enfield (RE)

35,003

58,339

40%


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