Auto Sales In December 2023: Hero MotoCorp's Sales Flat On Lower Domestic Dispatches

Hero MotoCorp Ltd.'s total sales slipped 0.06% to 3.94 lakh units in December due to lower dispatches in the domestic market.

Sales Snapshots (YoY):

• Domestic sales fell 1% to 3.78 lakh units.

• Motorcycle sales fell 0.6% to 3.55 lakh units.

• Scooter sales grew 5% to 39,294 units.

• Exports grew 26% to 16,110 units.

Ashok Leyland Ltd.'s total dispatches to dealerships fell 10% to 16,324 units, with a sharp fall witnessed in sales of medium and heavy trucks.

Sales Highlights (YoY):

• Total medium and heavy commercial vehicles sales fell 12% to 10,800 units.

• Light commercial vehicle sales fell 6% to 5,524 units.

Eicher Motors Ltd.'s total motorcycle sales fell 7% to 63,387 units with fall in dispatches of comparatively affordable models.

Sales Snapshots (YoY):

• Sales of models with engine capacity up to 350cc fell 10% to 55,401 units.

• Sales of models with engine capacity exceeding 350cc rose 11% to 7,986 units.

• Exports fell 29% to 6,906 units.

TVS Motor Co.'s total two-wheeler dispatches to dealerships rose 27% YoY 2.90 lakh units as both domestic and international sales rose in the month.

Sales Highlights (YoY):

• Total sales rose 25% to 3.02 lakh units.

• Domestic two-wheeler sales surged 33% to 2.15 lakh units.

• Two-wheeler exports rose 13% to 75,076 units.

• Three-wheeler sales fell 17.5% to 11,834 units.

Tata Motors Ltd.'s total dispatches to dealerships rose 4% to 76,138 units as heavy duty commercial vehicles and higher passenger vehicle sales aided volume growth.

Sales Snapshots (YoY):

• Passenger vehicle sales 8% to 43,675 units.

• Electric passenger vehicle sales 29% to 5,006 units.

• Total commercial vehicle sales fell 1% to 32,668 units.

• Heavy commercial vehicle sales rose 10% to 11,199 units.

• Small commercial cargo and pickup vehicle sales fell 14% rto 12,734 units.