Honda, Royal Enfield, Suzuki and Piaggio expand 2W market share
Of the 12 players in the Indian two-wheeler segment, only four OEMs have seen growth in their market shares with Honda, Suzuki and Piaggio particularly benefiting from the surging demand for scooters.
18 Sep 2017
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Of the 12 two-wheeler OEMs, only Honda Motorcycle & Scooter India, Royal Enfield, Suzuki Motorcycle India and Piaggio Vehicles have expanded their market share in April-August 2017.
Even as the overall two-wheeler market in India posted 10.41 percent year-on-year growth in the April-August 2017 period, of the 12 players who reveal sales numbers to industry body SIAM, only four – Honda Motorcycle & Scooter India, Royal Enfield, Suzuki Motorcycle India and Piaggio Vehicles – have expanded their market share. The other eight OEMs have all seen their share decline in varying degrees in the five-month fiscal period.
For Royal Enfield, Honda, Suzuki and Piaggio, the uptick has come at a time when the market is set to move into festive mode; while RE is focused only on ...
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