India Yamaha Motor, has registered a reasonable growth of 4.8% in overall sales during October 2012 as compared to the corresponding period last year. The growth comes primarily from the recently launched Ray scooter, which has been selling in decent numbers for the Japanese bikemaker.
Yamaha India sold 39,368 units in October 2012 as against 38,229 units sold in October last year in the domestic markets. In the Export markets the company sold 10,154 units in October 2012 as compared to 9,011 units in the same month last year. The overall sales stood at 49,522 units in October 2012 while 47,240 units were sold in October 2011, thereby registering 5% overall growth.
Speaking on the results, Mr. Jun Nakata, Director – Sales & Marketing, India Yamaha Motor, said, “We are very pleased with the sales growth that we’ve witnessed in the past month on account of our strong product portfolio, new launch in the scooter segment with RAY and high customer confidence in us.”
With the addition of the scooter Ray in its portfolio, India Yamaha motor is looking at an overall market share of 10% with 15% share coming from the scooter segment by 2016.