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Record two-wheeler sales

Record two-wheeler sales

Hero Motor Corp, the country’s largest two-wheeler manufacturer, has hit a lot of peaks this festive season with highest ever single-day and monthly sales of over 3 lakh and 7 lakh vehicles respectively.

The market share of TVS Motor Company during the second quarter of this fiscal has seen an upward trend with growth rising to 16.4 per cent in the scooter market in Q2 of this fiscal from 15.1 per cent in Q1 and 12.9 per cent in Q2 of previous fiscal. The company attributed the strong sales growth to launch of new variants of its flagship model Jupiter and also continuing momentum for Scooty.

Two-wheeler sales in the country have grown 10.14 per cent in the current fiscal year. While sales of scooters grew 17.26 per cent to more than 35 lakh units, those of motorcycles rose 7.71 per cent during April-September 2017. SIAM had attributed the growth to ‘an indication of rebound’ in the rural market on the return of a good monsoon.

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