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Eicher Motors’ motorcycle division reports 24% fall in August sales

03 Sep 2019 Evaluate

Eicher Motors’ motorcycle division has reported 24% fall in sales at 52,904 units in August 2019 as compared to 69,377 motorcycles sold in August 2018. During August 2019, export of number of motorcycles increased by 205% to 4,152 units from 1,363 units in August 2018.

The company’s sales of vehicles with engine capacity up to 350 cc decreased by 32% at 44,694 units in August 2019 against 65,712 units in the same period year ago. However, the sales of its vehicles with engine capacity exceeding 350 cc increased by 124% at 8,210 units as against 3,665 units in August last year.

Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.

Peers
Company Name CMP
Bajaj Auto 9950.00
TVS Motor Company 3937.00
Hero MotoCorp 5049.95
Eicher Motors 6938.50
OLA Electric Mobilit 36.83
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