Two-wheeler sales receive a festive boost, sales up 9 percent
Feel good sentiments are back in the highly-competitive two-wheeler segment as sales register a nine percent growth with a few unexpected turns along the way.
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In a surprise upset, Honda Scooter & Motorcycles India (HMSI) has pipped Hero MotoCorp's market leadership to emerge as India's Number One two-wheeler maker, as per data from the Vahan portal.
Despite Hero Moto Corp reporting a 0.4 percent increase in wholesale to 5,07,690 units on September 22, from 5,05,462 units on September 21, India's largest two-wheeler maker lost its Number One spot to HMSI as per the retail sales information provided by Vahaan data.
Vahan data has clearly stated that HMSI’s sales shot up by 2,84,400 units as against Hero’s 2,51,939 units upping HMSI's market share to 28 percent. On September ...
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