Besides gaining the number two spot in motorcycle sales, Honda registers a positive growth during the first half of the current fiscal; Bajaj facing negative numbers
Honda Motorcycle and Scooter India (HMSI) overtook Bajaj Auto to grab the spot for the second best seller in the Indian two-wheeler market in terms of motorcycles. Going by the exact numbers, while Honda sold a total of 10,48,143 motorcycles, Bajaj managed to sell 10,10,559 units of bikes till September in the current financial year.
All thanks to these optimistic figures, Honda recorded a growth of 19.8 percent while Bajaj suffered a decline of 10.45 percent. This data has been issued by the Society of Indian Automobile Manufacturers (SIAM).
In comparison to the same period in the last fiscal, Honda Motorcycle and Scooter India sold a total of 8,74,852 units of bikes and was trailing behind Bajaj as the Pune-based automaker sold 11,28,425 units countrywide. The country’s largest two-wheeler manufacturer, Hero MotoCorp stood on the top spot with a total sales of 33,44,292 units in the first half of the current fiscal. During the same period last year, the brand sold 30,34,504 units, hence records a growth of 10.2 percent.
When talking of scooters, TVS Motor Company has earned the second spot by overtaking Hero MotoCorp. While TVS sold a total of 5,66,362 units of scooter during the period April – September this fiscal, Hero MotoCorp managed to see 4,43,321 units selling in the same segment.
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Coming to other gainers in the motorcycle segment, Royal Enfield has witnessed some good positive numbers. The company sold a total of 3,78,304 units of motorcycles during the first half of FY2017-18. Previously, during the same period last year, the Chennai-based Eicher owned manufacturer sold 3,07,150 motorcycles.
Bajaj Auto looked quite optimistic with the launch of the Dominar 400 last year and aims to see 10,000 monthly sales by the end of this year, However, the motorcycle has been witnessing constant dip in numbers with its best ever sales recorded in March 2017 with 3,216 units sold.