Yamaha Motor India registers a domestic sales growth of 53% in September

Chennai:

Continuing on its quest to witness high sales growth, Yamaha Motor India Sales Pvt. Ltd. has registered a growth of 53pc in domestic sales during September 2013 as compared to the corresponding period last year.

Yamaha’s successful entry into the scooter segment with the launch of Ray and Ray Z has been instrumental in boosting its sales to an all new level. The company has been able to achieve a 35pc average growth rate in the past nine months.

The company sold 46,790 units in September 2013 as against 30,638 units sold in September last year in the domestic market thereby registering a domestic sales growth of 53pc. In the export markets the company sold 13,241 units in September 2013 as compared to 11,597 units in the same month last year achieving a growth of 14.2pc. The overall sales stood at 60,031 units in September 2013 while 42,235 units were sold in September 2012, thereby registering a 42pc overall growth.

Speaking on the results, Roy Kurian, Vice President, Yamaha Motor India Sales Pvt. Ltd, said, “We are very pleased with our consistent sales performance this year at a 35% average growth rate. This can be attributed to our strong product portfolio, upbeat customer confidence and new launches in the scooter segment. This festive season we are very upbeat about our new scooters Ray Precious Edition and Ray Z. The scooter segment has really caught on and is expected to be the growth driver for the 2 wheeler industry. This makes us quite confident about continuing our growth story in the coming months as well.”