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Bikes and Scooters - MMGroupProject
Bikes and Scooters - MMGroupProject
2020-21, 1st
quarter
2018-19: 2019-20:
(April-
32.80% 35.70%
June’20):
34.60%
TARGET Hero MotoCorp targets the
AUDIENC higher middle class and
lower middle-class people to
E sell its Hero Glamour.
PRODUCT PRICE
PROMOTIO
PLACE
N
SALES 2019
APRIL 2020
62879 UNITS 91 UNITS
2019
MAY 2020
62371 UNITS 19113 UNITS
AUGUST
2019 2020
52904 UNITS 50144 UNITS
POST COVID CHANGES
PRODUCT PLACE
PROMOTIO
PRICE
N
MARKETING STRATEGY
Targeting Strategy
Position Strategy
Pulsar Maniacs
POST COVID
HARLEY DAVIDSON’S EXIT
● Harley Davidson has decided to exit the world’s motorcycle market.
Shocking, isn’t it?
● It has decided to stop its production in the Bawal plant and will also stop its
sales there. But it will continue to provide the after sales services through its
existing dealership network.
● Last month Harley Davidson sold only 176 bikes in India and it also suffered
a loss of $96 million between April,2020 and June,2020.
The fear of coronavirus amongst citizens will lead today's
consumers to opt for private transport and avoid shared mobility or
public transportation.
IMPACT
The sales of pre-owned cars and entry-level motorcycles and
scooters may increase in the aftermath of the Covid-19
pandemic
Total industry sales in September have been 1.92 million, up 11.2% with year to date figures down 33.3%.
Indian Motorcycles Market posted a significant improvement both in August and September, although the
country is far from the normality.
Although automotive players are naturally focused on the immediate crisis, what will be the the medium- and
long-term implications of the pandemic?
The questions can be answered by taking into account a wide range of factors and developing market
projection for the period 2020-2025 based on the effects of three index developed by our Research Team, the
Base Trend Index (pre-Covid19 outlook), the Disaster Covid-19 Index (impact of anti-covid19 actions) and the
Recovery Route Index (economic impact on our sector).
In case of Indian market, September data was in line with our expectations unchanging our Outlook on the
country. Consequently, the calendar year 2020 sales are projected at market at 14.7 million, down 23.2%.