As per the source, Honda Motorcycle and Scooter India (HMSI) enrolled a 43% rise in July 2024, beating Hero MotoCorp in the method.
In July 2024, Honda’s wholesales stood at 4,83,100 units compared to 3,38,310 units in July 2023. This includes domestic sales, which grew by 41.26% to 4,39,110 units, while exports rose by 60.27% to 43,982 units.
In comparison, Hero MotoCorp reported sales of 3,70,374 units in July 2024. This includes 3,40,390 motorcycles and 29,884 scooters. The company’s domestic sales declined by 6.43 % to 3,47,335 units, while exports increased from 20,106 units in July 2023 to 22,739 units. Regardless, Hero Motocorp still tops the market in terms of retail sales.
TVS holds third place with sales of 2,54,250 units in July 2024. The company listed a growth of 8.08% compared to the same month last year.
Bajaj reported sales of 1,68,847 units with a growth of 18.91%, and Suzuki completed the top 5 with 1,00,602 sales units, registering an increase of 25.26% YoY.
