Wednesday, June 26, 2024

Beating Honda, TVS, Bajaj, this company sold the most two-wheelers

The majority of people in India commute using two-wheelers, whether they be scooters or motorcycles. The foundation of the Indian transportation network is the two-wheeler. Hero MotoCorp is the name that appears when we look for the firm that sells the most two-wheelers in the nation. Allow us to introduce you to the leading manufacturers.

two-wheelers

Hero MotoCorp

In October 2023, Hero MotoCorp topped the sales. Compared to October of last year, when it sold 4,42,825 units, it has sold 5,59,766 units. That is, a 26.4 percent rise in sales has been observed. Moreover, exports of heroes have grown by 28.9%.
two-wheelers

Honda

Honda held the second position. In October 2023, 4,62,747 units were sold. The Japanese two-wheeler maker said last month that its October 2022 sales were 4,25,992 units, representing an 8.6% year-over-year gain. Honda has seen a 28.6% growth in exports.

two-wheelers

TVS

TVS was the third-best-selling manufacturer of two-wheelers in October 2023. 3,44,957 copies have been sold, representing a 25% yearly growth. In October of the previous year, TVS sold 2,75,934 units domestically (2022). There has been a 10.1% increase in exports.

two-wheelers

Bajaj

Bajaj was in fourth place. In October 2023, it sold 2,74,911 units, compared to 2,06,131 in October 2022. In other words, sales have increased by 33 percent year over year. 1,29,658 units have also been exported by Bajaj.

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