Hero and Honda gain share as October retail jumps 29%
In short
October two-wheeler retail rose 29%. Nearly two-thirds of the extra sales came from Hero MotoCorp and Honda Motorcycle & Scooter India.
TVS, Bajaj and Yamaha grew more slowly than the market. The report does not give exact sales numbers for each company.
What the reporting says
Hero MotoCorp and Honda Motorcycle & Scooter India captured nearly two-thirds of the incremental volumes in October two-wheeler retail, which rose 29%, according to the publisher-supplied summary. TVS, Bajaj and Yamaha grew slower than the market. The reporting does not give individual company sales figures, but it points to stronger month-on-month momentum for Hero and Honda versus peers.
Why it matters
Hero MotoCorp and Honda Motorcycle & Scooter India were the main beneficiaries of an October two-wheeler retail jump of 29%, taking nearly two-thirds of incremental volumes. The summary says TVS, Bajaj and Yamaha lagged the market. No absolute unit numbers are provided, and the report does not explain whether the growth came from festive demand, financing, or other factors.