HMSI overtakes Bajaj in motorcycle sales in April 2017

Honda Motorcycle & Scooter India (HMSI) has raced ahead of Pune-based Bajaj Auto Limited (BAL) to emerge as the second largest motorcycle maker in the local market in April this year. HMSI’s motorcycle sales last month increased by 22 per cent to 183266 units. Bajaj’s motorcycle sales in the domestic market declined by 19 per cent to 161930 units in the period under review. Hero MotoCorp continues to dominate the motorcycle segment in India. However, last month in terms of overall two-wheeler sales (both motorcycle and scooters), HMSI grew volumes by 34 per cent to 578929 units narrowing the gap in sales with former partner Hero MotoCorp to 12377 units. Hero MotoCorp’s dispatches during the month fell by around 3.5 per cent to 591306 units. The sales numbers are include those for two-wheeler exports. Yadvinder Singh Guleria, Senior Vice President (sales and marketing), HMSI, said, “April 2017 results mark a great entry for Honda into the new financial year! Honda sold a total of 578,929 two-wheelers with phenomenal 34 per cent growth on the back of customer demand for Honda’s upgraded BS-IV portfolio.”