TVS Motor Company Ltd has beaten Hero MotoCorp Ltd. in terms of domestic sales of scooters in Q1 of FY 18. Hero previously held second spot in terms of scooter sales volumes but TVS has managed to sell more units in the first quarter of this financial year thus becoming the second most sold brand of scooters in India.
While Hero sold 2,09,790 units in the quarter April-June 2017, TVS sold 2,12,999 units. Hero recorded a drop in sales of 0.51pc over last year's sales figures in Q1, TVS on the other hand recorded a jump of 30.63pc in domestic sales in the same period. Going strictly by units sold, TVS contributed 15.11pc of the total volumes while the sales of Hero scooters made up 12.73pc in Q1.
TVS retails models like the Jupiter, Zest and Wego which are quite popular and offer a host of handy features to customers. The Jupiter being one of their more popular products offers a lot of convenience and safety features to consumers. It gets features like AHO (Automatic Headlamp On), Sync braking which comes in as standard, external fuel filling and a lot more.
Hero on the other hand is offering models like the Pleasure, Maestro and Duet. Their models also get handy convenience and safety functions. Features like integrated braking, AHO, boot light and USB charging do add a lot of value to their products. TVS has managed to sell a few more units in Q1 thus assuming second spot in terms of domestic sales.
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