In June, market leader Hero MotoCorp recorded a similar growth rate as May, with an 8% jump to 5.41 lakh units. But at rival Honda growth slowed down to 28% at 3.23 lakh units in May Honda's sales had risen 55% to 3.55 lakh units.
For Bajaj Auto, domestic volume growth remains elusive. its two-wheeler volumes rose 3% to 2.62 lakh units, but about a third of that was from exports. In terms of pure domestic volumes, Bajaj likely saw a drop, analysts say, and growth is expected after the new Discover is launched this month.
Chennai-based TVS posted a 23% jump to 1.68 lakh units, lower than the 26% jump in May to 2.01 lakh units.