Hero Splendor and Honda Activa continued to rule this segment as the best selling motorcycle and scooter respectively
Total sales of top 10 best-selling 2W in India in February 2023 saw an 18 percent YoY growth. Sales stood at 8,29,810 units in the past month, a 1,26,582 unit volume growth over 7,03,228 units sold in Feb 2022. It was however a MoM de-growth from 8,31,219 units sold in Jan 2023.
Top 10 Two Wheelers Feb 2023 – Splendor Sales At 2.88 Lakh
Hero MotoCorp’s Splendor entry-level commuter appears to have sealed itself at the top of sales charts. It has once again topped two-wheeler sales tables in Feb 2023 with 2,88,605 units, a 48.97 percent YoY growth over 1,93,731 units sold in Feb 2022. This was a volume growth of 94,874 units while the Splendor commanded a 34.78 percent share. MoM sales also improved from 2,61,833 units sold in Jan 2023 during which share percentage had stood at 31.50. Hero Splendor has now got a new rival, in the form of Honda Shine 100.
At No. 2 was the Honda Activa. Sales increased by 20.08 percent YoY to 1,74,503 units sold in Feb 2023 as against 1,45,317 units sold in Feb 2022. This led to a 29,186 unit volume growth with the Activa commanding a 21.03 percent share on this list. Honda plans launch of a new electric scooter would could well be an electric variant of the Activa scooter. More details are awaited which could be revealed later this month.
Bajaj Pulsar sales also improved on a YoY basis by 45.78 percent. Sales which had stood at 54,951 units in Feb 2022 improved to 80,106 units in the past month. This was a volume growth of 25,155 units while the Pulsar range commands a 9.65 percent share. Following the re-launch of the Pulsar 220F, the company has updated its Pulsar NS range with new features. Pulsar NS160 and NS200 are now being offered with USD forks and dual-channel ABS.
Sales of the HF Deluxe dipped by 25.86 percent on a YoY basis to 56,290 units in Feb 2023 from 75,927 units sold in Feb 2022. This was a volume de-growth of 19,632 units. TVS Jupiter sales improved by 14.44 percent YoY to 53,891 units in Feb 2023. This was against 47,092 units sold in Feb 2022. It was followed by the Suzuki Access scooter at No. 6 with 40,194 units sold in the past month, up 7.15 percent over 37,512 units sold in Feb 2022.
CB Shine, XL100, Apache, Raider
Lower down the 2W sales list was the Honda CB Shine. Sales took a massive hit of 56.43 percent YoY down to 35,594 units in Feb 2023 from 81,700 units sold in Feb 2022. This was a volume de-growth of 46,106 units while the CB Shine currently commands a 4.29 percent share.
YoY sales of the TVS XL100 moped also fell 1.40 percent YoY to 35,346 units in Feb 2023 from 35,848 units sold in Feb 2022. There was also the Apache from the TVS stables that stood at No. 9 on this list of top 10 best-selling two wheelers in Feb 2023. Sales grew by 112.94 percent YoY to 34,935 units in Feb 2023 from 16,406 units sold in Feb 2022. TVS Raider was at No. 10 with a 105.82 percent YoY growth to 30,346 units in Feb 2023 from 14,744 units sold in Feb 2022.
Source: Bike - rushlane.com