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Honda Extends Lead Over Hero MotoCorp in August Sales
Honda sold more two-wheelers than Hero MotoCorp for the second month in a row.
This also happened in July.
Overall, people bought more than 1.7 million two-wheelers in August.
Sales were higher in both rural and urban areas.
Rural sales grew slightly faster than urban sales.
Electric two-wheelers made up more than 10% of sales for the first time in a non-festive month.
Passenger-vehicle sales also reached a record August level.
Dealers said demand remained strong, including in rural areas.
Honda outsold Hero MotoCorp in August, marking the second consecutive month it led two-wheeler registrations.
Total two-wheeler retail sales reached 1,714,610 units, up 19.69% year-on-year and setting a new August peak since 2018.
Rural two-wheeler sales rose 20.25%, while urban sales increased 19.07%.
Electric two-wheelers exceeded 10% of sales in a non-festive month, compared with 7.66% a year earlier.
Passenger-vehicle retail sales reached a record 402,398 units, although inventory rose to about 38–40 days.
- Who
- Honda, Hero MotoCorp, two-wheeler buyers, dealers, and the Federation of Automobile Dealers Associations (FADA).
- What
- Honda outsold Hero MotoCorp for the second consecutive month in two-wheeler registrations, while overall vehicle retail sales increased.
- Where
- India, including rural and urban markets.
- When
- August; the article also states that Honda led Hero MotoCorp in July.
- Why
- Dealers attributed strong demand to GST 2.0 affordability and steady rural demand; FADA said non-farm rural activity also supported mobility and goods movement.
Key facts
- Two-wheeler sales
- 1,714,610 units in August
- Two-wheeler growth
- 19.69% year-on-year
- Rural two-wheeler growth
- 20.25%
- Urban two-wheeler growth
- 19.07%
- Electric two-wheeler share
- More than 10%, compared with 7.66% a year earlier
- Passenger-vehicle sales
- 402,398 units, up 16.14% year-on-year
- Passenger-vehicle inventory
- Approximately 38–40 days, above FADA’s recommended 21-day benchmark
Quotes
Sai Giridhar
President of the Federation of Automobile Dealers Associations
“For an industry long accustomed to reading rural India through the rainfall map, that is the quiet structural marker of FY27, and a measure of how broad-based Bharat’s consumption has become,”
businesstoday.in
Sources
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