01 Jun, 2014
Continuing its upward trend of sales growth, Yamaha Motor India Sales Pvt. Ltd registered a growth of 40% in domestic sales during May 2014, compared to the corresponding period last year. Besides its innovative ongoing customer-centric activities, exciting product line and the launch of 'Alpha' have been instrumental in boosting sales.
The company sold 47,680 units in May 2014 against 34,021 units sold in May last year in the domestic market, registering a sales growth of 40%. In the export markets, the company sold 19,440 units in May 2014, compared to 15,356 units sold in the same month last year, registering a growth of 26.6% in export sales.
Commenting on the results Mr Roy Kurian, Vice President â€“ Sales & Marketing, Yamaha Motor India Sales Pvt. Ltd, said, "This has been a good month for us as we witnessed brisk growth due to our excellent product line-up and innovative customer-centric activities. Alpha, launched at the Auto Expo this year, has been a major growth driver. We had achieved a 7.2% market share in the scooter segment last month and seek to sell 200,000 units of Alpha alone, along with 100,000 units of Ray and Ray Z combined, thereby constituting almost 50% of our total sales in 2014. We shall continue our customer-engagement programs, which are being well received. We expect to witness more rapid double-digit growth in the two-wheeler segment based upon policies of the new government and the improved buying sentiment of customers."