Top 10 Two-Wheelers – January 2018 | Honda Activa and Hero Splendor continue to battle hard
On the market share front, Hero MotoCorp remains the leader with 36.22 percent, followed by HMSI with 29.04 percent but Honda has increased its share by two percent while Hero's growth has been flat.
Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI) have been arch rivals in the Indian two-wheeler segment for long, especially in the entry-level up to 125cc commuter motorcycle space, wherein lie all the volumes. While Hero MotoCorp registered total sales of 619,387 units, marking significant growth of 31 percent, HMSI sold 488,855 units, growing 32 percent in January.
The overall two-wheeler segment including mopeds sold a total of 1,684,066 units in January, clocking smart year-on-year growth of 33.43 percent. Given the pace of sales, it looks like the sector could be headed for record numbers in FY2018.
This is an Autocar Pro Plus article. Subscribe to continue reading.
RELATED ARTICLES
TVS increases scooter market share to 24% with half-a-million units in April-August
With 523,458 units, TVS Motor Co records best-ever scooter sales in the first 5 months of a fiscal and also substantiall...
Maruti Suzuki strengthens its grip on car exports in H1 FY2023
Having shipped 131,070 units in April-September 2022, Maruti Suzuki India accounts for 41% of total made-in-India vehicl...
Tata Motors No. 1 CV OEM in H1 FY2023 but loses market share in 3 sub-segments
India’s commercial vehicle market is back in growth mode. While M&HCVs are up 88%, LCV demand has grown by 59%. An in-de...