Honda closes gap with Bajaj in bike segment race

Team Udayavani, Mar 26, 2018, 9:35 AM IST

New Delhi: Honda Motorcyle & Scooter India (HMSI) is snapping at the heels of Bajaj Auto for second spot in the domestic motorcycle segment, with the gap between the two coming down to 14,200 units during the ongoing fiscal.

In the April-February period last fiscal, the gap between the two companies stood at 3,98,525 units. As per the latest data by SIAM, Bajaj Auto has so far sold 18,15,590 units in the April-February period of the current fiscal while HMSI has sold 18,01,390 units in the same period.

Hero MotoCorp, with a sale of 58,72,966 units during the period, continues to lead the bike segment in the country.

HMSI had sold 14,51,417 units during the same period last fiscal while that of Bajaj Auto stood at 18,49,942 units.