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    Honda 2W Sales Dec 2023 Grows – CY 2023 Sales Decline

    New Honda ActivaHonda has posted a YoY growth but MoM drop in sales in December 2023 while CY 2023 sales ended with a 3.70 percent declineHonda Motorcycle and Scooter India (HMSI) has released their sales results for December 2023. In the last month of the calendar year, total sales (domestic + exports) stood at 3,17,123 units, up 26.76 percent when compared to 2,50,171 units sold in December 2022. This was volume growth of 66,952 units. However, the company has seen a MoM decline by 29.19 percent from 4,47,849 units sold in November 2023.Honda 2W Sales and Exports December 2023Taking only domestic sales into account, HMSI sold 2,86,101 units in December 2023, up 22.71 percent YoY from 2,33,151 units sold in December 2022. MoM sales dipped by 31.99 percent from 4,20,677 units sold in November 2023. Exports on the other hand have seen both a YoY and MoM growth of 82.27 percent and 14.17 percent respectively to 31,022 units.Honda 2W Sales Dec 2023Honda 2W Sales in CY 2023In calendar year (CY) 2023, the company sold 40,76,673 units. This was a 3.70 percent decline over 42,33,205 units sold in CY 2022 relating to a volume de-growth of 1,56,532 units. Sales remained in the red through most months of the past year, closing the first quarter (Jan-Mar 2023) with 7,01,084 units sold, down 23 percent over 9,10,472 units sold in the same 3 months of 2022.Even as April 2023 sales ended on a positive note with a 6.14 percent YoY growth to 3,38,290 units, the Q2 period also ended with a 4.32 percent de-growth to 9,52,190 units sold down from 9,95,156 units sold in the same period of 2022. This saw the H1 2023 sales down 13.24 percent to 16,53,274 units.Honda 2W Sales CY 2023During the months of July to September 2023, sales dipped by 22.81 percent in July but were positive in the latter two months but ended the Q3 period down 4.64 percent to 12,53,874 units from 13,14,894 units sold in Q3 of 2022. The festive season brought in better results for the company with October to December 2023 seeing increased sales to end Q4 2023 with a 15.49 percent YoY growth to 11,69,525 units up from 10,12,683 units sold in the same period of 2022. This also contributed to better H2 2023 sales which showed an increase of 4.12 percent YoY to 24,23,399 units up from 23,27,577 units sold in the same period of 2022.Honda Special Editions and BigWing ExpansionIn the past calendar year, Honda 2W has introduced several products and undertaken a host of initiatives. The Activa H-Smart was launched along with the Shine 100, SP160 and Dio 120. Special editions such as Activa Limited Edition, SP125 Sports Edition, Repsol Editions of Hornet 2.0 and Dio 125 also made their entry into the company portfolio. Models were updated to OBD-2 compliance and BigWing dealerships were also expanded to 25 cities across the country.Honda celebrated an important milestone where the Activa scooter was concerned, marking 3 crore customers in 22 years while Honda Shine 125cc has seen sales cross the 30 lakh unit mark in western India. Special attention was also paid to road safety initiatives and Corporate Social Responsibility through the past year.The new Honda CB350, launched in November 2023, played a significant role in increasing total sales. Honda CB350, is sold via Big Wing dealerships. It is presented in two trim levels – DLX and DLX Pro and are priced at Rs. 1,99,900 and Rs. 2,17,800 respectively. More

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    Hero 440cc Roadster Is Mavrick 440 Based On Harley X440 – Launch In Feb

    New Hero Mavrick 440 will share platform / engine with Harley-Davidson X440With letters M, V, R, I revealed in teasers, it is almost certain that Hero’s new flagship will go on sale as Mavrick 440Many brands including Jawa, Yezdi, Honda, Triumph and Harley-Davidson have challenged the supremacy of Royal Enfield. Now, it’s the turn of India’s largest two-wheeler manufacturer Hero MotoCorp to launch its offensive. The bike in question is a 440cc roadster, based on the same platform as that of Harley-Davidson X440.Hero Mavrick 440 – What to expect?As compared to Harley X440, Hero Mavrick 440 will have a relatively toned-down profile. It is likely to have entirely different panelling all across. However, retro features such as round headlamp and rear-view mirrors could be the same.Hero Mavrick 440 name trademarkedWhile X440 is positioned as a ‘Roadster Reimagined’, the Hero Mavrick 440’s styling could be more in line with a conventional roadster bike. From the user’s perspective, Mavrick 440 will have attributes that will be comparable to the bestselling Classic 350.Some of the expected features of Hero Mavrick 440 include a circular instrument pod. It could be the same 3.5-inch TFT display, as seen with Harley X440. The console has Bluetooth connectivity, allowing users to access phone and media. App-based connectivity features could also be made available. Mavrick 440 will have a comfortable, upright riding stance. Seat height could be around 800 mm, which will be suitable for the majority of users.Mettle – the guiding force behind your character, setting the stage for what lies ahead.#MeetYouSoon #KeyMonastery #SpitiValley pic.twitter.com/XcgN5qqmCi— Hero MotoCorp (@HeroMotoCorp) January 3, 2024Hero Mavrick 440 specs, performanceFor Mavrick 440, Hero could use a tweaked version of the chassis in use with Harley X440. It’s also possible that a different chassis can be used. But from a cost perspective, the preferred option will be to use the same chassis as that of X440. To ensure that Mavrick 440 is made available at an affordable price point, Hero can also introduce changes to the equipment list.For example, a base-spec variant could be introduced with limited features. It could use conventional telescopic forks in comparison to the 43mm KYB USD telescopic front forks in use with Harley X440. Similarly, affordably priced tyre options can be considered.Powering Hero Mavrick 440 will be the 440cc, single cylinder, air-oil cooled engine that generates 27 bhp of peak power and 38 Nm of max torque. It is mated to a 6-speed gearbox. Onboard Harley X440, fuel efficiency is 35 km/l. Engine performance could be slightly toned-down in case of Mavrick 440. Hero will also ensure that the bike has a unique and powerful exhaust note.Hero Mavrick 440 launch timelineHero is likely to unveil Mavrick 440 soon. Media drive events are scheduled to be held on 15th-16th February. With its manufacturing prowess, Hero should be able to launch the bike at a competitive price point. At around Rs 2 lakh, Hero Mavrick 440 can be a good deal in the sub-500cc motorcycle segment. For reference, Harley X440 starts at Rs 2.39 lakh whereas Royal Enfield Classic 350 is available at Rs 2.28 lakh. More

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    Hero MotoCorp Dec 2023 Sales Stagnant – CY Sales Cross 55 Lakh

    2023 Hero Xpulse 200 4VHero MotoCorp ended December 2023 with YoY and MoM degrowth but posted increased YTD sales and 5% growth in CY 2023Hero MotoCorp has witnessed rising sales during the past year. Increase in government spending, improved liquidity and the festive and marriage season boosted sales during the January to December 2023 period to 54.99 lakh units. This was a 5 percent growth over sales of 52.47 lakh units sold in the January to December 2022 period.Hero MotoCorp Sales December 2023In December 2023, Hero MotoCorp reported total sales (motorcycles + scooters / domestic + exports) down 0.06 percent YoY to 3,93,952 units as against 3,94,179 units sold in December 2022. This was a volume de-growth of 227 units. It was also a MoM de-growth of 19.77 percent from 4,91,050 units sold in November 2023.Hero MotoCorp Sales Dec 2023Motorcycle sales dipped both YoY and MoM to 3,54,658 units in December 2023. This was a 0.59 percent YoY de-growth over 3,56,749 units sold in December 2023 with a 90.03 percent share. MoM sales however, fell more significantly by 19.63 percent from 4,41,276 units sold in November 2023, relating to a volume dip of 86,618 units.Scooter sales on the other hand grew on a YoY basis by 4.98 percent to 39,294 units, up from 37,430 units sold in December 2022 to command a 9.97 percent share. MoM sales however, fell by 21.06 percent from 49,774 units sold in November 2023 when share percentage had stood at 10.14. This took total domestic sales down 0.92 percent YoY and 20.67 percent MoM to 3,77,842 units in December 2023. The company had sold 3,81,365 units and 4,76,286 units in December 2022 and November 2023 respectively.Hero MotoCorp has seen encouraging export figures. There were a total of 16,110 units shipped in December 2023, up 25.72 percent from 12,814 units shipped in December 2022 relating to a 3,296 unit volume growth. MoM exports also increased by 9.12 percent from 14,764 units shipped in November 2023. The company’s export share grew by 3.01 percent in November 2023 to 4.09 percent in the past month.Hero MotoCorp YTD Sales up 4.21%Taking into account year-to-date sales (April-December 2023), Hero MotoCorp has reported a 4.21 percent increase to 42,29,032 units during the same period. This was a growth of 1,70,978 units over 40,58,054 units sold in the period April-December 2022. These figures included both domestic sales and exports. Here increased sales were reported for both motorcycles and scooters as well as for domestic sales while exports ended in the red.Motorcycles sales were up 3.38 percent to 38,94,963 units in FY24 period as against 37,67,768 units sold in FY23. This related to a volume growth of 1,27,195 units. Scooter sales improved by 15.08 percent to 3,34,069 units in FY24 period from 2,90,286 units sold during the months of April-December 2022. This took total domestic sales up 4.43 percent to 40,95,084 units in FY24 over 39,21,309 units sold in FY23. Exports on the other hand dipped 2.05 percent to 1,33,948 units in the April-December 2023 period, down from 1,36,745 units sold in the same period last year.In December 2023, Hero MotoCorp announced a tie up with Ather Energy to expand EV public charging infrastructure across 100 cities. There are also Ather and My VIDA apps, designed with user-centric interfaces while it will offer all the information needed to assist EV users. More

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    Himalayan 450, Speed 400 Introductory Offers End – New Prices Jan 2024

    New Himalayan. Image – Shah Royal EnfieldGrowing competition in sub-500cc motorcycle segment has prompted OEMs to follow an affordable pricing strategy that benefits end usersWhile Royal Enfield continues to dominate the sub-500cc motorcycle segment, it is being challenged by leading brands such as Triumph and Harley-Davidson. Hero MotoCorp is also expected to enter this space soon. Some of the recent launches in this segment include Royal Enfield Himalayan 450 and Triumph Speed 400. Prices of both these bikes have been increased, with effect from 1st January.Royal Enfield Himalayan 450 prices hiked by up to Rs 16,000Royal Enfield had launched the new Himalayan 450 in November at the 2023 Motoverse event in Goa. The base variant, Kaza Brown, was launched at a starting price of Rs 2.69 lakh. The Slate Himalayan Salt and the Slate Poppy Blue were priced at Rs 2.74 lakh. The Kamet White was priced at Rs 2.79 lakh, whereas the top-spec Hanle Black model was launched at Rs 2.84 lakh.Royal Enfield Himalayan 450 New Prices – Jan 2024At the time of launch, Royal Enfield had stated that the introductory prices will be valid till December 2023. With the new year, prices of Himalayan 450 have been increased. The biggest price hike is Rs 16k for the base-spec Kaza Brown colour option. It is now available at a starting price of Rs 2.85 lakh. The Slate Himalayan Salt and Slate Poppy Blue have become costlier by Rs 15k. They are priced at Rs 2.89 lakh.Prices of Kamet White and Hanle Black have been increased by Rs 14,000. These are now available at a starting price of Rs 2.93 lakh and Rs 2.98 lakh, respectively. With the increased prices, Himalayan 450 has become costlier than KTM 390 Adventure X by around Rs 4,000. But it is still cheaper than the 390 Adventure that costs Rs 3.39 lakh. The 390 Adventure X is essentially a trimmed down version of the standard 390 Adventure. It misses out on features such as TFT console and Bluetooth. The X variant has MRF tyres instead of Metzeler Tourance tyres.Himalayan 450 packs in a comprehensive range of features. It includes TFT instrument console, USD front forks, ride modes, switchable rear ABS, dual-channel ABS and slipper and assist clutch. Powering the bike is a 452-cc liquid-cooled DOHC fuel-injected engine that generates 40 PS of max power and 40.02 Nm of peak torque. It is mated to a 6-speed gearbox.Triumph Speed 400 price hiked by Rs 10,000To ensure the best outcomes, Triumph Speed 400 was launched at an attractive price of Rs 2.23 lakh. The strategy has worked, as is evident with the booming sales of Speed 400. At the time of launch, Triumph had stated that the introductory prices will be valid for the first 10,000 customers. Later, it was decided that the introductory offer price will be extended till 31st December.Triumph Speed 400 PriceWith the new year, Triumph is finally ending the initial offer price. As a result, Speed 400 is now available at a starting price of Rs 2.33 lakh. Even at this price, Triumph Speed 400 is one of the best VFM bikes in the sub-500cc segment. Powering the bike is a 398cc, liquid-cooled, single cylinder engine that generates 40 PS and 37.5 Nm. It is mated to a 6-speed gearbox. More

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    2024 Bajaj Chetak Premium Spied At Dealer – More Range, TFT Dash

    2024 Bajaj Chetak Premium Scooter – New DisplayWith new features and upgrades, Bajaj Chetak can compete better with rivals like Ola S1 Pro, TVS iQube and Ather 450XWhile Chetak is preferred for its reliability and durability, it is not necessarily perceived as a high-tech and high-performance machine. Probably, rivals are offering a more comprehensive range of features. Bajaj is looking to fix that with the new Chetak Premium version, scheduled to be launched on 5th January. Ahead of that, the new e-scooter has been spied at a dealership. Hat tip to automotive enthusiast Yash Parate for sharing the exclusive spy shots of the 2024 Chetak.Bajaj Chetak Premium – What’s new?Chetak is currently offered in Urbane and Premium variants. However, there aren’t any major differences between the two. As per the new strategy, the Urbane variant will be positioned as an affordable, entry-level electric scooter. On the other hand, the Premium version will be getting a comprehensive range of updates. As a result, the Premium version will be launched at a higher price point.2024 Bajaj Chetak Premium Scooter – New DisplayOne of the key updates is a new TFT instrument display. It is to note that the existing model has an LCD display. The new TFT dash will have features like Bluetooth connectivity and turn-by-turn navigation. Users will be able to access functions such as calls, text and music. New Chetak Premium will also have a remote immobilization function and tyre pressure monitoring system.Riding modes are already available and will be carried forward. Boot space for the new Chetak Premium variant will be increased from 18 litres to 21 litres. This may not be significant, but can still be useful for storing some small stuff.2024 Bajaj Chetak Premium ScooterBajaj Chetak Premium performance boostNew Chetak Premium variant will have better capabilities in comparison to the existing Urbane variant. One of the key upgrades is a larger 3.2 kWh battery pack. It has a certified range of 127 km, as per IDC standards. The existing model utilizes a 2.9 kWh battery pack, with a certified range of 108 km. True range or real-world range is also expected to improve with the new Chetak Premium variant. Users have reported more than 100 km of real-world range in Eco mode with the existing Chetak model.With the larger battery, charging time has increased by around 30 minutes. As of now, 0 to 100% charging time for the current model is 4 hours. Another area where Chetak seems to be lagging behind is the top speed. With the likes of Ola S1 Pro offering a top speed of 120 km/h, Chetak has a lot to catch up. With the new Chetak Premium model, the top speed will be increased to 73 km/h. It remains to be seen if changes are made to the electric motor to achieve this higher top speed.With the updates, the price gap between the Chetak Urbane and the new Chetak Premium variant will increase. Bajaj had recently introduced the 2024 version of Chetak Urbane at a starting price of Rs 1.15 lakh (ex-sh., Delhi). In comparison, the existing Chetak Premium version is available at a starting price of Rs 1.20 lakh. More

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    2024 Kawasaki Eliminator 400 India Launch Price Rs 5.62 Lakh

    2024 Kawasaki Eliminator 400 India LaunchIn view of the strong growth in middleweight segment, Kawasaki Eliminator 400 has been launched in IndiaKawasaki has launched the 2024 Eliminator 400 in India. First launched last year, it is priced from Rs 5.62 lakh ex-sh in India. Kawasaki Eliminator 400 can emerge as an alternative option to the likes of Royal Enfield Super Meteor 650.Kawasaki Eliminator 400 stylingUnlike a thoroughbred cruiser, Kawasaki Eliminator 400 seems like a modern interpretation of a cruiser. It is predominantly for city streets, although it can also accommodate extended journeys on the highways. One of the key highlights is the long and low design, which should ensure adequate control and balance. With seat height of just 735 mm, even shorter riders will find this bike quite easy to manoeuvre.2024 Kawasaki Eliminator 400 India LaunchRetro bits are evident with the round headlamps and rear-view mirrors. The bike has all-LED lighting, a slender, stretched fuel tank, short fenders, exposed frame and engine parts and dual exhaust pipes. The bike has a comfortable riding stance, with wide handlebar and slightly forward-set foot pegs.The bike allows the natural positioning of the hands and knees, which will ensure adequate comfort during long distance rides. Looking at the seat format, Kawasaki Eliminator 400 seems more suitable for solo rides. The rider gets a chunky seat, whereas the pillion seat size is barely adequate.2024 Kawasaki Eliminator 400 India LaunchIn its home market Japan, the bike is offered in three colour options. In terms of tech features, Eliminator 400 is equipped with a circular fully digital instrument pod. Display items include speedometer, tachometer, clock, odometer, gear position indicator, current and average fuel consumption, dual trip meter and fuel gauge.The digital instrument panel has Bluetooth, which can be used to access a range of connectivity features via Kawasaki’s Rideology smartphone app. Users can get notifications for call and email, and access riding logs and vehicle information.Kawasaki Eliminator 400 performancePowering the Kawasaki Eliminator 400 is the 399cc parallel-twin engine, borrowed from the Ninja 400. It churns out 48 hp of max power and 37 Nm of peak torque. The engine has powerful low-speed torque, which makes it suitable for city sprints. At high speeds, the engine delivers a linear response, making it apt for tasks like highway cruising. The bike is offered with assist and slipper clutch as standard. More

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    Ducati Announces 8 New Motorcycles for India Launch in 2024

    Ducati to launch 8 new motorcycles in India this yearRevving into the Future: Ducati’s Impressive 2024 Motorcycle Collection for IndiaLuxury motorcycle manufacturer Ducati has set hearts racing with the announcement of its plans to introduce a stunning lineup of 8 new motorcycles for the Indian market in 2024. The revelation was made at the prestigious Ducati World Premiere 2024, signalling an exciting year ahead for motorcycle enthusiasts across the country.New Motorcycles to Elevate Riding ExperienceAmong the highly anticipated models are the Multistrada V4 RS, DesertX Rally, Panigale V4 Racing Replica 2023, Diavel for Bentley, Hypermotard 698 Mono, Monster 30° Anniversario, Panigale V4 SP2 30° Anniversario 916, and the new Streetfighter V4S 2023. These offerings aim to elevate the Ducati experience for riders seeking sophistication, style, and top-notch performance.The Managing Director of Ducati India, Mr. Bipul Chandra, expressed his enthusiasm for this significant development. Highlighting Ducati’s accomplishments in 2023, including securing victories in prestigious racing events, Mr. Chandra attributed the brand’s success to the unwavering support of the motorcycling community.He extended gratitude for the community’s appreciation of Ducati’s diverse product range, emphasizing the remarkable popularity of the V4 platform in India. “We are excited to introduce 8 new Ducati motorcycles, along with 2 new dealerships, and are looking forward to a promising 2024 for Ducati in India,” said Mr. Chandra.Unveiling ScheduleThe unveiling schedule for these new models is set to begin with the exclusive launch of the Streetfighter V4 Lamborghini in the first quarter of 2024. Following this, Q2 will witness the arrival of the DesertX Rally, Hypermotard 698 Mono, and the new Streetfighter V4 range. The Multistrada V4 RS and the limited edition Diavel for Bentley are slated for a Q4 release.Booking Details and AvailabilityPotential buyers eager to get a glimpse of these exciting offerings can find indicative prices on the Ducati India website starting from the 2nd week of January 2024. Additionally, bookings for these models are now open at all Ducati dealerships situated across key cities including Delhi, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Kochi, Kolkata, Chandigarh, and Ahmedabad.This move by Ducati not only amplifies its commitment to the Indian market but also reflects the brand’s dedication to delivering innovation, performance, and a premium riding experience to motorcycle enthusiasts nationwide. More

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    TVS Sales December 2023 – 25% Total & 8% Exports YoY Growth

    TVS Apache RangeThe TVS sales December 2023 charts show a clear increase in popularity for the brand’s 2W products abroad with growing total exportsIndia’s leading 2W and 3W vehicle manufacturer, TVS Motor, demonstrated impressive sales performance for the month December 2023. The company closed CY 2023 with registering 25% YoY growth in Q3 numbers. Total sales grew by 33.14% YoY in domestic markets with 7.54% growth in exports YoY.TVS Sales December 2023When compared to the sales performance in the extended festive month of November 2023, TVS saw a total decline of 17.11% MoM. Motorcycles remained TVS’ best-selling category with 1,48,049 units sold last month accounting for 51.04% of total sales. When compared to 1,24,705 units sold in December 2022, sales grew by 18.72% YoY, gaining 23,344 units in volume.However, when compared to 1,72,836 units sold in November 2023, motorcycles saw a 14.34% YoY decline, losing 24,787 units in volume. The company sold 1,03,167 scooters last month with 18.72% YoY growth and 24% MoM decline and accounted for 35.57% of total sales. Volume gain YoY was 26,401 units and volume loss MoM was 32,582 units.TVS sold 38,848 mopeds in December 2023, whose sales accounted for 13.39% of the company’s total sales. Mopeds saw 48.30% YoY growth and a 10.73% MoM decline. The company sold 11,232 iQubes and TVS X with 1.45% YoY growth and a 33.07% MoM decline. iQube and X had sold 16,782 units a month before and hence there was a 5,550 units volume deficit MoM.TVS Sales December 2023 – YoYTotal 2W domestic sales for the brand was 2,14,988 units which is an impressive 33.23% YoY increase, but numbers took at a rate of 25.10% MoM decline. Domestic 2W business accounted for 74.12% of TVS’ total 2W sales. Where 2W exports are concerned, the company shipped 75,076 units with 13.24% YoY growth and 15.35% MoM growth accounting for 25.88% of total 2W sales.3W and total salesCombining 2W domestic and international business, TVS registered 2,90,064 units with 27.41% YoY growth and 17.62% MoM decline. Where 3W vehicles are concerned, the company saw 1,519 units sold in domestic markets and 10,315 units shipped abroad. 3W segment showed 22.4% YoY growth and a 24.47% YoY decline in domestic market.The latest launch from TVS is Apache RTR 310. In international market, 3W exports dropped 21.29% YoY and gained 1.96% MoM. In total, TVS’ 3W business was summed up to 11,834 units which fell into the red completely with 17.51% YoY and 2.42% MoM declines. Volume loss stood at 2,512 units YoY and 294 units MoM from November 2023.TVS Sales December 2023 – MoMTotal domestic sales (2W + 3W) stood at 2,16,507 units with 33.14% YoY growth with 53,897 units gained in volume YoY and 25.09% MoM decline losing 72,521 units in volume MoM. Total exports (2W + 3W) accounted for 85,391 units and fell in the green with 7.54% YoY growth and 13.55% MoM growth.In total (2W + 3W, Domestic + Exports), TVS’s sales December 2023 charts lodged 3,01,898 units with 24.75% YoY growth as opposed to 2,42,012 units sold in December 2022 with 59,886 units volume growth. There was a MoM decline of 17.11% due to the 3,64,231 units sold in November 2023 with 62,333 units lost MoM. More