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Honda pips Bajaj as No. 2 two-wheeler firm
Sales volumes of the two firms, though, are “not strictly comparable” as Bajaj is not present in the scooter segment and draws 30% of its sales from exports, said an analyst
First Published: Wed, Jul 18 2012. 01 09 PM IST
Racing ahead: Motorcycles produced by Honda Motorcycle & Scooter India are displayed in the reception of the company’s plant in Manesar. Photo: Bloomberg
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Story Highlights
- Sales volumes of the two firms, though, are “not strictly comparable” as Bajaj is not present in the scooter segment and draws 30% of its sales from exports, says experts
- Honda has been stepping on the gas since it separated from the Hero group last year. Production capacity at its three plants will reach 4 million units by mid 2013
- Bajaj has been ceding ground to Honda for some time now. In the three months to June, its market share slipped two percentage points
First Published: Wed, Jul 18 2012. 01 09 PM IST
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