Hero MotoCorp has stretched its lead to around 20 lakh units over erstwhile partner Honda in two-wheeler sales in 2018-19 amid a slowdown in the domestic market. In the fiscal year ended March 31, the homegrown two-wheeler major sold 78,20,745 units as compared to 59,00,840 units sold by Honda Motorcycle and Scooter India (HMSI). In the fiscal 2017-18, Hero MotoCorp sold 75,87,130 lakh units, while HMSI sold 61,23,877 units. Thus, Hero's lead over HMSI increased by 19,19,905 lakh units in FY19 as compared to 14,63,253 units in FY18.
The company has been able to keep sales higher during FY19 through forays into premium motorcycle segment with the launch of the 'Xtreme 200R' and the fast growing 125cc scooter segment with Destini 125, besides existing models.
Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10710.85 |
| Hero MotoCorp | 5321.50 |
| TVS Motor | 3692.45 |
| Eicher Motors | 7300.10 |
| Ather Energy | 915.00 |
| View more.. | |
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