Scooter sales grew by 25.61 percent in FY 2023 with almost all models on the top 10 list posting YoY growth except for the Hero Pleasure and Ray ZR
In an earlier post we have covered best-selling cars and top 10 two wheeler sales sold during the FY 2023 period. Here we look at how scooter sales have performed during the past financial year. Top five products – Honda Activa, TVS Jupiter, Suzuki Access, TVS NTorq and Honda Dio constituted 85 percent of sales on this list.
TVS iQube, the only electric scooter among the top 10, showed the maximum YoY growth at 797.19 percent, while sales of the Hero Pleasure and Yamaha Ray ZR fell into the red. Top 10 scooter sales stood at 45,32,985 units in FY 2023 up 25.61 percent as against 36,08,899 units sold in FY 2022. This was a volume growth of 9,24,086 units.
Top 10 Scooters FY 2023 – Activa No 1
Honda Activa was the best-selling scooter in the past financial year. Sales in FY 2023 stood at 21,49,658 units, up 25.84 percent over 18,08,305 units sold in FY 2022. Volume growth stood at 4,41,353 units with the Activa commanding a 47.42 percent share on this list.
At No. 2 was TVS Jupiter with sales growth of 44.59 percent YoY to 7,29,546 units in FY 2023 from 5,04,567 units sold in FY 2022. Newer models, latest features and class leading technologies have kept this scooter ahead of competition.
Next up was Suzuki Access with sales of 4,98,844 units in FY 2023, up 8.30 percent from 4,60,596 units sold in FY 2022. This was a 38,248 unit volume growth to command an 11 percent share on this list. TVS Ntorq was next on the top 10 scooter sales list in FY 2023 with 2,90,539 units sold in the said period, up 16.55 percent from 2,49,277 units sold in FY 2022.
Honda Dio scooter also posted increased YoY sales in FY 2023 by 13.85 percent to 2,53,467 units, up from 2,22,632 units sold in FY 2022. This was volume growth of 30,835 units with a share of 5.59 percent on this list. A YoY de-growth was seen for the Hero Pleasure by 5.54 percent in FY 2023 to 1,69,984 units, down from 1,79,961 units sold in FY 2022. Volume de-growth stood at 9,977 units.
Scooter sales below 1.5 lakh
Hero Destini scooter sales posted an 84.11 percent YoY growth to 1,27,682 units in FY 2023, up from 69,351 units sold in FY 2022 while sales of the Suzuki Burgman improved by 20.50 percent to 1,20,439 units in FY 2023.
Outstanding sales growth was seen in the case of TVS iQube by 797.19 percent YoY to 96,654 units sold in FY 2023 from just 10,773 units sold in FY 2022 relating to a volume growth of 85,881 units. Trailing the list was the Ray ZR with a 7.07 percent YoY de-growth to 96,172 units in FY 2023 down from 1,03,491 units sold in FY 2022.
Source: Bike - rushlane.com
