Hero MotoCorp, Honda Motors ahead of Bajaj, TVS in the Indian two-wheeler market
Advertisement
Advertisement
The combined sales of Hero MotoCorp and Honda Motor are more than Bajaj Auto and TVS, the Economic Times stated.
Though, Honda Motor is still quite a distance behind
In the two-wheeler market that has turned sluggish due to erratic rural demand, Honda's ability to remain positive is seen as a great propeller for its ambitious leadership dream. It is steering ahead of the rest by being a mass-market player.
Sales at Hero MotoCorp have declined by 5.64% in the past two months. Bajaj too has been in the negative territory. Chennai-based TVS Motors, which emerged as the third-largest player last year, maintained its edge over Bajaj Auto with sales rising 8%. Hero MotoCorp, despite the drop in sales, managed to stay ahead of the combined sales of its partner-turned-competitor Honda and TVS Motors.
Advertisement
Meanwhile, the Indian two-wheeler market declined 0.73% in the first two months of the current fiscal year, largely due to slowing demand from rural markets, after posting 5% growth in the year ended on March 31.
(Image: Indiatimes)
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market