Suzuki is now the 3rd largest scooter manufacturer in India after Honda and TVS
Japanese two-wheeler manufacturer, Suzuki has gained the 3rd spot in terms of scooter sales in the Indian market. The company has replaced Hero MotoCorp as the third-largest scooter seller. This comes when the slowdown hit the market hard and both Hero and Honda lost market share in scooter sales.
A most interesting fact about Suzuki is that it sells only two scooter Access 125 and Burgman Street 125. Suzuki Access 125 takes the first place in the company’s lineup as it holds about 80% sales of Suzuki. Along with the Burgman Street, the two scooter models make up 87% of Suzuki’s monthly sales.
On the other hand, Hero sells Pleasure, Pleasure 110+, Duet 110, Destini 125, Maestro 110, and Maestro Edge 125. Despite the presence of six scooters, Hero slipped down to 4th spot in scooter sales. The sales number calculated are April-September 2019 period (H1-2019).
The Gixxer maker now has a 10.97% market share while Hero holds just 8%. In the financial year 2014, Hero was the second-largest scooter manufacturer with a market share of 19.16% and since then it only saw the downfall.
Also Read: Suzuki Access 125 SE launched in India
Honda is at the number one slot with total scooter sales of 17,32,579 units which are down from 21,82,860 units in the same period last year. Honda registered a fall of -20.63%. Followed by TVS with 5,98,617 units which also saw a shrink in the sales from 6,44,981 units with a fall of -7.91%.
With a growth of 17.16%, Suzuki now occupied the third spot with 3,41,928 units. Hero slips down to 4th Spot with just 2,49,365 down from 3,91,019 units in H1-2018.
From the numbers, it is clear that it is not the growth of Suzuki which helped the company overtake Hero MotoCorp but Hero’s -36.23% degrowth. Hero sold about 1,42,000 fewer scooters this year.
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