Top 10 Motorcycles – January 2018 | Splendor gives Hero MotoCorp new pep
What motorcycles are to Hero, scooters are to Honda. While Hero has a 51.25 market share of motorcycles, HMSI has 15.72 percent. In scooters Honda has 57.28 percent, while Hero has 13 percent.
Motorcycles, especially the mass-market commuters, have been the volume drivers in the Indian two-wheeler segment and the past few months have received a shot in tha arm with the return of good sentiment in rural India. Cumulative motorcycle sales totaled 1,054,062 units in January, growing 28.64 percent (January 2017: 819,385).
The segment is seeing a lot of action, with manufacturers having a slew of new models lined up for the year, many having already revealed some at the Auto Expo.
The strong rivalry between Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI) remains a talking point for industry. In the overall ...
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...