Auto Sales In August 2023 Live: Hero MotoCorp's Sales Rise 5%, Higher Than Estimates

Here's a look at how India's automakers' sales fared in the month gone by.

<div class="paragraphs"><p>Royal Enfield's Super Meteor 650. (Source: Company website)</p></div>
Royal Enfield's Super Meteor 650. (Source: Company website)
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Hero MotoCorp's Dispatches Rise 5%, Higher Than Estimates

Hero MotoCorp Ltd.'s sales rose 5.4% year-on-year to 4.89 lakh units in August.

Sales Snapshots (YoY):

  • Sales of motorcycles rise 4.7% to 4.52 lakh units.

  • Sales of scooters rise 13% to 36,531 units.

  • Domestic sales rise 4.7% to 4.73 lakh units.

  • Exports rise 24.7% to 15,770 units.


Eicher Motors' Royal Enfield Sales Rise 11% 

Eicher Motors Ltd.'s total motorcycle sales rose 11% to 77,583 units helped by new launches such as the Hunter 350.

Sales Snapshots (YoY):

  • Sales of models with engine capacity upto 350cc rise 11% to 69,023 units.

  • Sales of models with engine capacity expanding 350cc rise 9% to 8,560 units.

  • Exports rise 13% to 8,190 units.

TVS Motor's Domestic Dispatches Lift Two-Wheeler Sales

TVS Motor Co Ltd.'s total two-wheeler sales grew 5% to 3.32 lakh units helped by the strong dispatches in the domestic market even as exports saw a decline.

The two-wheeler sales rose 7% to 2.57 lakh units in the domestic market, while exports fell nearly 1% to 75,491 units.

Within the two-wheeler segment, scooter sales rose 17% led by electric scooter iQube. The motorcycle sales fell 2.6% to 1.53 lakh units.

Sales Snapshots (YoY):

  • Total sales rose 4% to 3.46 lakh units.

  • Total exports fell 6% to 87,515 units.

  • Three-wheeler sales fell 25% to 13,738 units.


Ashok Leyland's Sales Rise On Strong Heavy Duty Vehicle Dispatches

Ashok Leyland Ltd.'s dispatches to dealerships 10% to 15,576 units as medium and heavy commercial vehicles continued to offset the weakness in the light commercial vehicle category.

Sales Highlights (YoY):

  • Domestic sales rise 9% to 14,545 units.

  • Sales of medium and heavy commercial vehicles rose 17% to 9,013 units.

  • Light commercial vehicle sales fall 2% to 5,532 units.

Tata Motors' CV Sales Rise 2%, PV Sales Fall 3%

Tata Motors Ltd.'s total dispatches to dealerships fell 0.3% to 76,261 units in August as the automaker saw a decline in its passenger vehicle sales.

Sales Snapshots (YoY):

  • Total commercial vehicle sales rise 1.9% to 32,077 units.

  • Heavy commercial vehicle sales rise 14.4% to 9,000 units.

  • Passenger vehicle sales fall 3% to 45,933 units.

  • Electric passenger vehicle sales up 55% to 6,236 units.