The two wheeler segment has seen a slow growth in recent months but again October has turned out to be a good month for automobile companies. One of the major players in the two-wheeler segment, India Yamaha Motor has reported 19.21 per cent increase in its total sales in October at 37,251 units. The company had sold 31,247 units in the same month last year, India Yamaha Motor said in a statement. In the domestic market, the company’s sales stood at 31,791 units, as against 26,897 in the same month last year, up 18.20 per cent.
According to the company, exports of India Yamaha rose by 25 per cent to 5,460 units from 4,368 units in the year ago period.
India Yamaha Motor which had been lagging in the market a couple of years ago has now been on forefront with the launch of the two bikes R15 and FZ series which has changed the fortunes around for the company.
“We are overwhelmed with the encouraging response we have been receiving for our premium segment bikes such as YZF—R15 and FZ series including new limited edition FZ series bikes,” India Yamaha Motor Director (Sales and Marketing), Koji Arai said.