The leadership gap between Hero MotoCorp and former partner Honda in the world’s biggest two-wheeler market is close and the Japanese challenger has come within a striking distance.
Honda in April sold a record 579,000 two-wheelers, 12,300 less than market leader Hero. The numbers include small export volumes.
Hero’s sales to dealers declined by three per cent in April as Honda’s sales grew 34 per cent, owing to a 40 per cent surge in scooter sales. Hero’s production has been affected by component supplies and the company is trying to resolve the issue. Hero did not comment because it was