Suzuki nets big gains in scooter market share in April-October 2021
By selling 110,096 more scooters than it did a year before, Suzuki increases its market share by four percentage points to 14% in April-October 2021.
16 Nov 2021
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The scooter market in India is seeing tepid times and in the first seven months of FY2022 has seen just about 5% year-on-year growth. While Honda and TVS Motor Co remain the top two players in this segment, Suzuki has made the maximum gains in the April-October 2021 period.
Of the total 23,95,104 scooters sold (up 5%), Honda Motorcycle & Scooter India (HMSI) accounted for 12,15,023 units or 50.73% of total sales in India. Its market share has dipped marginally from 51.90% a year ago. In FY2021, HMSi had sold a total of 23,28,778 scooters, down 26% YoY (FY2020: ...
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