Two-wheeler segment experienced 14.3% growth in Q1 FY17 with total sales at 45,32,736 units as against 39,75,699 units sold in the same period of previous year.
The first quarter of FY17 draws to a close and sales in the two wheeler segment have been revealed. Results have been positive all round indicating that a recovery of this segment with double digit growth all round. While the two wheeler segment saw growth to the extent of 14.3% during April to June, it was the scooter segment that experienced growth of over 27% with the Honda Activa being a best seller. Total Activa sales during the April – June 2016 period stood at 6,97,938 units, an increase of 25.1% over sales in the same period of the previous year.
Hero Splendor ranked at No.2 in top 10 selling two wheelers in Q1 FY17 with 6,35,857 units sold during the 3 month period while TVS Jupiter received added impetus. Despite being positioned at No.10 on the list, the 110cc scooter recorded growth of 34%. Total sales during the 3 month period stood at 1,33,268 units, up from 99,519 units in Q1 FY16.
Hero MotoCorp HF Deluxe, Passion and Glamour claimed 3rd, 4th and 5th spot while Honda CB Shine was relegated to a No.7 position with TVS XL Super being the only moped on this list which was otherwise dominated by scooters and motorcycles. The moped stood at No. 6 with total sales of 2,17,050 units an increase in growth to the tune of 18.3% as against sales in Q1 FY16.
Month-wise domestic sale trend: