labels: two- and three-wheelers, markets - general
March 06 two-wheeler sales continue to be in top gearnews
12 April 2006


Two-wheeler manufacturers continued to maintain their high growth trajectory for the month of March 2006 as well. All three major players reported high growth rates both on a month-on-month and year-on-year basis.

Motorcycles

Though Hero Honda remains the market leader with a comfortable margin, the growth rate of Bajaj Auto has been substantially higher in the recent past. Bajaj Auto has improved its market share to over 32 per cent as of March 2006.

TVS Motor has improved its performance substantially in recent months following the launch of new models. Its economy model Star City and performance model Apache are reportedly receiving good response in the market.

Motorcycles
Company March 2006 March 2005 % growth y-o-y
Hero Honda
264,816
231,593
14.35
Bajaj Auto
183,927
134,707
36.5
TVS Motor
83,896
64,273
35.2
Total two-wheelers
Company March 2006 March 2005 % growth y-o-y
Hero Honda
272,312
231,593
17.58
Bajaj Auto
187,696
144,861
29.57
TVS Motor
128,857
106,218
21.31

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March 06 two-wheeler sales continue to be in top gear