Two-wheeler sales trend
Green shoots are visible in two-wheelers as 100% of dealers surveyed has shown positive body language for the ongoing festivals. In two-wheelers, Hero MotoCorp is clearly losing its market share due to softness in rural and stiff competition from other major players. All key competitors viz. HMSI, TVS Motor, Bajaj Auto, Royal Enfield, Yamaha and Suzuki gained market share on a MoM basis.