Yamaha has been pioneers in the performance bike segment in the country. The brand has indeed also managed to gain a good footing in the commuting bike segment across the globe. In India, Yamaha has a strong fleet of 150 cc bikes that have been performing well in terms of sales. Yamaha India reportedly has been enjoying the new feat wherein its sales number in India has crossed the sales numbers in Thailand which has been its other strong market. The numbers are better for the month of April to June this year. Moreover, it is said that the sales figures are also rapidly closing on numbers from the Vietnam market.
As per results declared in Japan, Indonesian market however has been a strongest one for Yamaha with sales of about 7,15,000 units in the same second quarter. As per the report, India and Vietnam is closely knot with about 140,000 units being sold in Q2 period of this year. Whereas, sales numbers in Thailand have dipped to about 53,000 units. As reported during the same period last year, Vietnam had noted sales of about 167,000 two-wheelers whereas Thailand and India reported with 106,000 units sales. Luckily, Indonesia has continued to be comfortably ahead with about 655,000 unit sales in April-June last year.
Yamaha has been focusing on the Indian market and plans to set-up a new plant in Chennai by the end of this year. As noted the sales in Vietnam and Thailand has been constantly dipping and if reports are to be believed, then India may be the second largest market for Yamaha after Indonesia which has been ruling the number game.
Source: BL
