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
|
|
|
| |
|