Hi,
Hero Motor and Scooter India exceed their sales figures agains Hero's . It was noticed, acording to SIAM (Society of Indian Automobile Manufacturers) data, Hero’s sales in bikes with engine capacity between 125-cc and 150-cc declined by a steep 53 per cent to 80,303 units between April and October in Fiscal Year 2012-2013, while HMSI ’s volumes went up by 76 per cent to 134,650 units.
This category contributes in excess of eleven percent to overall motorcycle sales but has strong revenue implications as product prices are 45-92 percent higher than that of a model in the entry-level mass segment, hence, translating into higher margins for companies, noted the report.
If, the figures grows up in the same way that it will become a tensed situation for Hero's to compell against HMSI. Express your Opinions.
