Honda beats Bajaj in domestic bike market, achieves 2nd position

Oct 26 2017 10:28 AM
Honda beats Bajaj in domestic bike market, achieves 2nd position

Honda Motorcycle and Scooter India (HMSI) has bagged second place in the list of India's largest bike sellers, overtaking Bajaj Auto. Honda has done this in the first half of the financial year.

Honda has sold a total of 10,48,143 motorcycles in the domestic market this year, from April to September, which is a growth of 19.8%. On the other hand, Bajaj Auto sold a total of 10,10,559 units in the same period, which is down 10.45% in its sales. These figures are from Siam i.e. Society of Indian Automobile Manufacturers. 

Talking about the half-yearly last year, Honda had sold 8,74,852 bikes in total, while Bajaj was at second place aftermarket leader Hero Motocorp with 11,28,425 vehicles. Hero MotoCorp is at the top position and has sold 33,44,292 two-wheelers in the first half of this year, which is 10.2 percent growth.

However, Hero has suffered losses in the Scooters segment and the company has moved from third place to second place. From April to September this year, a total of 4,43,321 scooters of Hero were sold, while 4,48,321 scooters were sold in the last half of last year. 

In the scooters segment, TVS Motor Company has reached the second spot with 5,66,362 units. It recorded a growth of 41.3% compared to the previous half year. Not only this, TVS's motorcycle sales have also increased. 

Talking about the motorcycle segment, Royal Enfield has got the most benefit. Its sales went up by 23.17%. This half-yearly company sold 3,78,304 two-wheelers. In the scooters segment, Suzuki Motorcycles India has gained the most. It recorded a 61.8% growth in the case of sales.

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