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Honda Motorcycle & Scooter India (HMSI) has upstaged Bajaj Auto to become the second largest bike maker in India during April, which has also pushed it within a striking distance of overtaking market leader Hero as the largest two-wheeler maker.
“We’re happy that for the first time, we’ve become the No 2 motorcycle-maker, overtaking Bajaj Auto by a wide margin (over 21,330 units). This was possible after our overall sales jumped 34 percent in April. Our bikes volume rose 22 percent to 1,83,266 units from 1,50,711 a year ago,” HMSI senior VP for sales and marketing Y.S Guleria said.
As against this, Bajaj Auto saw its domestic sales plunge 19 percent to 1,61,930 units in April from 2,00,433 units.
With this, the Japanese company leads the Pune-based Bajaj by a wide margin of 21,336 units, while it has narrowed the margin with Hero to just 12,377 units, making it within a striking distance from the numero uno crown.
The Japanese major began fiscal 2018 on a high note with a 34 percent spike in sales taking its volumes to a record high of 5,78,929 units, making it the best-ever monthly sales for the company.
While Hero MotoCorp saw its sales decline by 3.5 percent to 5,91,306 units in the month. The volume jump was led by a massive 40 percent rise in its flagship scooter Activa which crossed for the first time 3.5 lakh monthly sales at 3,68,618, which also is a record for the company.

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Wednesday, May 10, 2017

Honda beats Bajaj as second largest bike maker in India

Honda Motorcycle & Scooter India (HMSI) has upstaged Bajaj Auto to become the second largest bike maker in India during April, which has also pushed it within a striking distance of overtaking market leader Hero as the largest two-wheeler maker.
“We’re happy that for the first time, we’ve become the No 2 motorcycle-maker, overtaking Bajaj Auto by a wide margin (over 21,330 units). This was possible after our overall sales jumped 34 percent in April. Our bikes volume rose 22 percent to 1,83,266 units from 1,50,711 a year ago,” HMSI senior VP for sales and marketing Y.S Guleria said.
As against this, Bajaj Auto saw its domestic sales plunge 19 percent to 1,61,930 units in April from 2,00,433 units.
With this, the Japanese company leads the Pune-based Bajaj by a wide margin of 21,336 units, while it has narrowed the margin with Hero to just 12,377 units, making it within a striking distance from the numero uno crown.
The Japanese major began fiscal 2018 on a high note with a 34 percent spike in sales taking its volumes to a record high of 5,78,929 units, making it the best-ever monthly sales for the company.
While Hero MotoCorp saw its sales decline by 3.5 percent to 5,91,306 units in the month. The volume jump was led by a massive 40 percent rise in its flagship scooter Activa which crossed for the first time 3.5 lakh monthly sales at 3,68,618, which also is a record for the company.

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