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Honda Overtakes Hero to Become India’s No. 1 Two-Wheeler Company – Sales Report Analysis

In a major shift in India’s two-wheeler market, Honda Motorcycle & Scooter India (HMSI) has dethroned Hero MotoCorp to become the top-selling two-wheeler brand in July 2024. This marks the first time Honda has claimed the No. 1 spot in India, thanks to strong demand for its scooters and new motorcycle launches.

Here’s a detailed breakdown of sales figures, key factors behind Honda’s rise, and how other brands performed.


July 2024 Sales: Top 5 Two-Wheeler Companies in India

CompanyJuly 2024 SalesYear-on-Year Growth
Honda5,42,000+↑ 18%
Hero5,38,000+↓ 5%
TVS3,21,000+↑ 12%
Bajaj2,98,000+↑ 9%
Suzuki1,05,000+↑ 20%

(Figures are estimated; official SIAM data awaited)


How Did Honda Beat Hero? Key Reasons

1. Surging Demand for Activa & Dio Scooters

  • Honda Activa 125 and Dio together sold 2.8+ lakh units in July.
  • Strong urban and rural demand due to fuel efficiency and brand trust.

2. Aggressive New Launches

  • Honda Hornet 2.0 and CB350 attracted young buyers.
  • Launched 4 new models in 2024, refreshing its lineup.

3. Hero’s Challenges

  • Decline in Splendor & Passion Pro sales (↓10%).
  • Slow response to electric bikes (Hero Vida).

How Other Brands Performed

TVS: Holding Strong at No. 3

  • Jupiter 125 and NTORQ drove scooter sales.
  • iQube Electric crossed 15,000+ units.

Bajaj: Pulsar & Platina Lead Growth

  • Pulsar NS200 & N250 performed well.
  • Chetak Electric sales still slow.

Suzuki: Fastest Growth

  • Burgman & Access 125 recorded 20% YoY growth.

Can Honda Sustain Its Lead?

  • Hero may fight back with new electric & petrol models.
  • Bajaj & TVS preparing new launches.
  • Festive season (Diwali-Dhanteras) could reshuffle rankings.

Final Verdict: Who’s Winning the Two-Wheeler War?

  • Honda: Dominates urban markets, but Hero is stronger in rural areas.
  • Hero: Still leads in annual sales, but lost July to Honda.
  • TVS/Bajaj: Gaining in premium & electric segments.

Poll: Will Honda Stay No. 1, or Will Hero Bounce Back?

🗳️ Yes, Honda will dominate!
🗳️ No, Hero will reclaim the top spot.
🗳️ TVS/Bajaj could surprise everyone!

Comment your predictions!


Tags: #Honda #Hero #TwoWheelerSales #BikeMarket #India #MotorcycleNews

https://www.honda2wheelersindia.com

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