Indian matagigantes noted decline in sales in the domestic market
Over the past few years, motorcycle sales in India has grown significantly. India became the largest mataranka in the world and around China. Most manufacturers began to develop equipment specifically for the needs of India to open new factories. Despite the increase in the variety of assortment on the market, sales of motorcycles 2019 declined.
The three largest motorcycle manufacturer in India has announced a decline in sales in December 2019 compared with December 2018. Thirteenth consecutive month of decline. Giants such as Bajaj, Hero and TVS slowed down in 2019, while sales of TVS in December 2019 fell to 25%. Sale Royal Enfield in December 2019 was 48 489 motorcycles, much less 56 026 units in December 2018. In such a difficult situation won the Suzuki company India, which in December 2019 sold is 1.1% greater.
While sales are down in the domestic market, major producers in India are developing in the international market. Hero and Royal Enfield plunged into exports and Bajaj and TVS all have shown a 20% growth in sales outside of India.
There are several reasons for the decline in sales in 2019. First, the increased cost of insurance. Second, the introduction of the standard harmful exhaust BS-IV in April 2020.
In General, all producers remain positive and continue to invest huge money in the Indian motorhomesdirect.