TVS overtakes Hero MotoCorp to become the second largest scooter manufacturer for the first quarter (Apr-June 2017) of FY18. Honda Motorcycle and Scooter India still remains the number one scooter manufacturer and by far.
Honda scooters lead overall automatic scooter sales in India, accounting for more than 59 per cent of total scooter sales in the period from April to June 2017
The Vitara Brezza and the Ertiga have been the driving force behind Maruti Suzuki's dominance in the UV segment in India. The Vitara Brezza has been a runaway success for the company ever since it was launched in March 2016.
Automakers have already reported a considerable drop in passenger car sales, while a few were fortunate enough to see marginal growth in year-on-year (YOY) sale for June.
Two-wheeler sales showed mixed results across companies in June 2017. Bajaj Auto sales skidded in June, and Honda sales also slowed down after posting record sales numbers in the past couple of months. The world's largest two-wheeler manufacturer by volume, Hero MotoCorp retains the top spot selling over 6 lakh two-wheelers in June
India's largest two-wheeler maker, Hero MotoCorp announced its sales performance for June 2017 and the first quarter of the 2017-18 financial year. The auto giant sold 624,185 units last month, registering a growth of 14 per cent over the 549,533 units sold in June 2016.
The Maruti Suzuki Baleno recently crossed the 200,000 sales milestone in just 20 months from its launch, which only goes on to show the popularity of the car, despite limited dealerships and premium positioning.