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Honda surpasses Hero MotoCorp to top spot in two-wheeler sales

Rural states, such as Uttar Pradesh (UP), Bihar, and Jharkhand, have fallen higher in September on a MoM basis

Hero MotoCorp
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Elara Capital said the cause for concern for HMCL is that in terms of market share in rural states, HMCL has lost month-on-month (MoM) market share of 100-800 basis points

Deepak Patel New Delhi
Hero MotoCorp (HMCL) has lost its top position in the monthly domestic two-wheeler retail sales to Honda Motorcycle and Scooter India (HMSI) in September for the first time in more than two years. 

The Vahan portal — which records vehicle registration data across India — showed on Sunday evening that HMCL and HMSI sold 251,939 units and 285,400 units, respectively, in September this year. 

The last time HMSI rode past HMCL in retail sales was in May 2020. According to Vahan, HMCL and HMSI had sold 44,355 units and 51,936 units, respectively, to consumers across the country in May 2020.