Suzuki and TVS win scooter market share, Honda and Hero share dips in April-July '19
While scooter sales of Honda 2Wheelers (-21%) and Hero MotoCorp's (-36%) are down in the first 4 months of FY2020, Suzuki (+26%) and TVS (-1.5%) notch smart market share gains.
17 Aug 2019
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The scooter market, not too long ago the darling of the two-wheeler industry, has not been spared the trials and tribulations of a sales slowdown. In July 2019, the segment saw total despatches of 526,504 units (-12.10%) and in the April-July 2019 period, a total of 2,040,706 units (-15.58%). Its overall share of the two-wheeler market remains a good 31 percent though.
Honda Motorcycle & Scooter India(HMSI) remains the unassailable scooter market leader due to the powerful brand presence of the Activa but the fact of the matter is that its sales are slowing sharply. In the first ...
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