The overall two-wheelers industry registered a growth of 7.31 percent during April-March 2014 (FY14) over April-March 2013.
The scooter segment surged 23.24 percent and motorcycle sales gone up 3.91 percent in the above mentioned comparative period. Bajaj Auto's maker's
While HMSIL's market share also increased to 24 percent in FY14 experiencing a gain of 5 percentage points compared to the previous fiscal. HMSIL also continued its dominance in the scooter segment clinching a market share of 52 percent in FY14 from 48 percent in FY13.
Country's largest two-wheeler maker by volume, Hero MotorCorp has recorded a growth of 3.43 percent at 6115197 units in FY14 against 5,912,538 units in the previous fiscal. However, it's markets share slightly contracted in this fiscal by around one percent at 41.30 percent compared to 42.85 percent in the previous financial year.
Hero MotorCorp's motorcycles' sales gone up by marginal one percent in FY14 against the number two in two-wheeler segment
TVS also could not prevent itself from slipping into south region, though marginally, its sales fell by one percent at 356319 units in FY14 over 414144 units in the FY13.
Suzuki Motorcycles' sales also went down by 13 percent at 356319 units in FY14 compared to 414144 units in the previous fiscal year. Its market share has also slipped to 2.4 percent from 3 percent in the previous fiscal year.
Yamha Motor India recorded second highest growth of 33.5 percent in FY14 at 484492 units compared to 362843 units in the previous financial year. Market share of the Japanese two-wheeler maker has gone up to 3.27 percent in FY14 compared to 2.6 percent in FY13.