RE Super Meteor 650 is the victor of big bike Royal Rumble and takes the company’s share in the 500cc+ motorcycles sales charts to 92.29%
Big bike sales witnessed a paradigm shift in March 2023. In February 2023, the segment saw a 47.47% YoY decline. RE 650 twins at 52.61% YoY decline. Despite that RE had an 81.14% market share. There is a new champion for 500cc+ motorcycle sales and it is none other than the recently launched RE Super Meteor 650.
It alone sold 2,293 units with a 55.97% market share. RE 650 Twins (Interceptor and Continental GT 650 combined) sold 1,488 units with 21.37% YoY growth, gaining 262 units in volume. The RE 650 Twins fared better than the previous month with 1,170 units and boast a 36.32% market share. Combined, Royal Enfield enjoys a 92.29% market share. First time for RE.
500cc+ motorcycle sales March 2023
In third place, we have the Kawasaki Z900, the least expensive 4-cylinder motorcycle in India. It sold 63 units and registered a hefty 530% YoY growth as opposed to 10 units sold a year ago. Triumph Tiger 900 takes 4th spot with 41 units sold. It gained 156.25% YoY. Kawasaki Ninja 650 and ZX-10R sold 32 and 31 units and both of them saw a 3.03% and 34.04% YoY decline respectively.
Ninja 1000 saw a similar pattern too with 20 units sold last month and shrunk by 64.91% YoY in sales. ZX-10R lost 16 units YoY and Ninja 1000 SX lost 37 units YoY. Kawasaki Z650 and Versys 1000 fared much better. They saw 13 and 12 units sold in their names and registered 116.6% and 20% YoY growth respectively. Triumph Rocket III has the largest capacity motorcycle engine in the world and enjoys quite a fan following. Despite that, it managed to sell 12 units and witnessed a 7.69% decline YoY.
Single-Digit sales figures
Kawasaki Vulcan S, Triumph Trident, Speed Twin and Tiger 1200 sold 9 units each. Only the Kawasaki Vulcan S saw positive growth of 125% YoY. Triumph Tiger Sport 660 is the only motorcycle on this list to sell 7 units. It saw a decline of 69.57% as opposed to 23 units sold a year ago. Suzuki Hayabusa and Harley-Davidson Sportster S sold 5 units each.
Harley saw 400% YoY growth and Hayabusa sales declined YoY by 28.57%. Hayabusa was the third-highest seller on this list just last month. Suzuki Katana, Triumph Bonneville T120, Speed Twin and Harley-Davidson Fat Boy 114 sold 4 units each, with no growth to report. The Supercharged Kawasaki Z H2 and Harley-Davidson Heritage Classic sold 3 units each. Kawasaki Z650 RS, Triumph Street Scrambler, Bonneville Speedmaster, Speed Triple, Harley-Davidson Fat Bob and Road Glide sold 2 units each. Kawasaki Versys 650, Triumph Street Triple and Bonneville Bobber sold 1 unit each.
Honda needs more appealing Big-Bikes, pronto!
Triumph Street Twin, Bonneville T100, Harley-Davidson Pan America, Standard, Street Glide, 883 Iron, Street Bob, Aprilia RSV4 Factory, Tuono and Suzuki V-Strom 650 sold 0 units. Surprisingly, Honda contributed 0 units to this segment. Africa Twin, CBR650R, CBR 1000RR-R, Goldwing and others sold 0 units.
In total, the 500cc+ motorcycle sales chart for the month March 2023 saw 4,097 units sold with 153.06% YoY growth as opposed to 1,619 units sold in March 2022. Volume gain stood at 2,478 units. Yamaha will soon join the brigade with YZF-R7, MT-07 and MT-09.
Source: Bike - rushlane.com
