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Eicher Motors’ motorcycle division reports 17% fall in September sales

03 Oct 2019 Evaluate

Eicher Motors’ motorcycle division has reported 17% fall in sales at 59,500 units in September 2019 as compared to 71,662 motorcycles sold in September 2018. During September 2019, export of number of motorcycles increased by 191% to 4642 units from 1597 units in September 2018.

The company’s sales of vehicles with engine capacity up to 350 cc decreased by 23% at 52,017 units in September 2019 against 67,582 units in the same period year ago. However, the sales of its vehicles with engine capacity exceeding 350 cc increased by 83% at 7,483 units as against 4,080 units in September 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 10069.85
TVS Motor Company 4021.45
Hero MotoCorp 5173.00
Eicher Motors 6949.85
OLA Electric Mobilit 37.09
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