India Yamaha Motor reported a growth of 27% in domestic sales (including Nepal) during March 2017 as compared to the corresponding period last year. The company continues to maintain an upward trend in sales on the back of its product line-up and the newly launched 249 cc Mid-class Street Fighter motorcycle, the FZ 25 in India to further boost its share in the premium segment.
The company strengthened its position by clocking domestic sales of 76,144 units (including Nepal) in 2017 compared to 60,032 units (including Nepal) in 2016 thereby registering a domestic sales growth of 27%.
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Yamaha has also launched its new Bharat Stage IV (BS IV) variants of motorcycles and scooters. The newly launched variants also meet the energy efficiency standards and come in new vibrant colors with added features including AHO (Auto Headlamp-On).
Commenting on the company’s growth, Roy Kurian, Vice President, Sales & Marketing, Yamaha Motor India Sales Pvt. Ltd. said that March 2017 was challenging as automobile sector in India had to offload BS III inventory which was re-affirmed by Supreme Court’s decision towards the closing. He further added that Yamaha managed it well and logged in a decent growth for this month. The company is en route to achieve 1 million in 2017 as well, through exciting products and by expanding its trade networks.