Splendor’s huge sale couldn’t beat Honda Activa’s top position
A strong clash is always seen between the two Automobile manufacturers companies Hero and Honda, both try to give a tough competition to each other. But recently reports have revealed that Hero’s popular bike Splendor is facing loss in the market; there has been a steady decline in the sales of Splendor in financial year 2015-16.
According to the sales volume, Splendor’s sales are diminished by 7-10 percent per month on an average. However, at the same time Splendor being challenged by the Honda Activa.
A report by Society of Indian Automobile Manufacturers showed, there has been decline in the sales from 25.17 lakh units in 2014-15 to 24.8 lakh units in 2015-16. Whereas, the sales of Honda Activa has risen up to 24.6 lakh units in 2015-16 as compared to 21.7 lakh in 2014-15.
Further information says that Splendor got the top position for its sales in year 2015-16 but Activa possessed the top place for 7 months from the total of 12 months.