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The top six players in India’s two-wheeler segment sales data suggests that the market has grown by more than 22 percent year-on-year in June 2018. The total dispatches made by the big six, namely Hero MotoCorp (including export), Honda Motorcycle & Scooter India, TVS Motor Company, Bajaj Auto, Royal Enfield and Suzuki Motorcycle India, totals up to 18,06,486 units for last month, which is up a substantial 22.69 percent YoY. Hero MotoCorp reported a total dispatch of 7,04,562 units in June, up a good 12.88 percent YoY. Hero MotoCorp says that in Q1 FY2018-19 it recorded the highest-ever sales for the company. “With the monsoon already hitting many parts of the country, the positive consumption pattern is expected to continue in the coming months. Hero MotoCorp is geared up with an array of products – including its premium motorcycle (Xtreme 200R/Xpulse) and the new scooter range (Maestro/Duet 125) – to add to the positive sentiment and further delight customers,” said a company release.
Hero Electric will showcase an electric motorcycle during Auto Expo 2020. Expected priced around Rs 1.1 - 1.3 lakhs (ex-showroom).Read More