TVS and Suzuki maintain momentum, grow scooter market share, Suzuki beats Hero to take No. 3 slot
While the Jupiter and NTorq 125 continue to bring home the goods to TVS Motor Co, Suzuki shines in the first six months of the fiscal and is the sole OEM to score positive sales.
Even as Bajaj Auto is all set to take the covers off its new electric scooter and launch the Urbanite brand on October 16, the conventional IC-engined scooter is facing troubled times in sync with the rest of the industry. September 2019 sales are down 16.60% to 555,829 units and April-September numbers down a similar 16.94% to 3,117,433 units. The first half of FY2020 has seen three -- TVS Motor Co, Suzuki India and Piaggio India -- of the seven scooter makers register market share gains, even as the others lost theirs, albeit marginally.
HMSI's market share marginally down ...
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