Honda Replaces Bajaj’s No.2 Spot in March 2012 Sales!
Honda has been one of the most aggressive companies in the world. As
soon as it made an entrance as Honda Japan’s fully owned subsidiary
despite their presence with their Indian JV partners Hero (as the
erstwhile Hero Honda) which is the world’s largest two wheeler
manufacturer company, it became evident that Honda wants to play and
play hard.
Their recent split with their partners Hero despite being an
immensely cash rich company also suggested that Honda wants to play
solo. And here they are doing it in style! A few months back they
trounced TVS Motors for the 3rd spot in monthly sales. And as
soon as March 2012 sales were out, there was a big surprise which was
awaiting the auto industry. Honda had beaten Bajaj Auto and stood at the
second spot in the domestic monthly sales, just behind Hero MotoCorp.
Though it’s too early to predict anything but looking at the way
things are moving and considering that Honda is all set to release there
next mass commuter , the 110cc entry level Yuga motorcycle, things do
seem in favor of Honda.
On the March months denounce by Honda, Rajiv Bajaj admitted,
“Obviously, we cannot replicate Honda but can still be the best by being
different. We cannot ape them but are trying to have our individual
brands established strongly.” This is a very admitting statement from
Bajaj, since Honda is huge in terms of experience of serving varied
markets and obviously its technical expertise.
However, on the other side Bajaj also has (and had) a few aces up its sleeves:
- March 2012 was the best month in terms of sales for Bajaj
- In this month Bajajs’ Pulsar completed its milestone of 5 million sales.
- Bajaj has the next generation Pulsar ready and the first model, Pulsar 200NS is almost ready to hit the roads. This bike has received a big go from all the bigwigs.
- We have also caught the next generation Discover testing and it is sure to play the role of a mass seller.
- We also have a few bikes lined up from KTM and Kawasaki, which obviously would not help much in sales numbers but would definitely push the brand value.
- Bajaj’s business model ensures it has leading profit margins.
- Honda’s sales predominantly consist of scooters where Bajaj is completely absent.
Whichever way does the tide turn, whoever becomes the second biggest
seller..all we, as customers, need are better and technically sound
products at affordable prices. All this competition of one company
snatching each other position in the market is bound to get us supreme
products at competitive prices.
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