Two-wheeler OEMs open FY2018 on a happy note
April 2017 marks the closest-ever sales gap – less than 40,000 units – between Hero MotoCorp and Honda Motorcycle & Scooter India even as other OEMs report an uptick in monthly numbers.
04 May 2017
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The top seven two-wheeler manufacturers have reported total domestic monthly sales of 16,74,322 units for April 2017, which marks a year-on-year (YoY) of 7.25 percent (April 2016: 15,61,206).
Barring the home-grown Hero MotoCorp and Bajaj Auto, all other two-wheeler players have opend the new fiscal on a positive note. Honda Motorcycle & Scooter India (HMSI) stands out as the biggest gainer, adding 137,849 units to its April 2016’s sales to notch an impressive 33.29 percent YoY jump.
April 2017 also stands out in the context of the rivalry between the top two players. Autocar Professionalunderstands that Honda ...
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