Bike

Subterms

    More stories

    • 150 Shares179 Views

      in Bike

      Two Wheeler Sales Oct 2023 – Hero, Honda, TVS, Bajaj, Suzuki, RE

      by

      Bajaj PulsarTwo wheeler sales achieved a 21 percent growth in domestic markets while exports improved 2.55 percent YoYSales of major players in India’s two-wheeler segment, that include Hero MotoCorp, Bajaj Auto, TVS Motor, Honda Motorcycle and Scooter India (HMSI), Suzuki and Royal Enfield ended on a positive note in October 2023. An entry into the peak of the festive season saw the two wheeler segment report outstanding sales in October 2023. Sales of each of these leading 6 two wheeler makers in India improved by leaps and bounds on both a YoY basis in domestic markets. There was also a marginal YoY growth in total exports though MoM exports ended in the red.Two Wheeler Sales Oct 2023 – Hero MotoCorp tops listWith the 6 leading two wheeler makers reporting total domestic sales at 18,11,216 units in October 2023, it was a 20.99 percent YoY growth when compared to 14,97,021 units sold in October 2022. This was a volume growth of 3,14,195 units. MoM sales on the other hand improved by 8.28 percent from 16,72,653 units sold in September 2023 relating to a 1,38,563 unit volume growth.Two Wheeler Sales Oct 2023Once again it was Hero MotoCorp that topped the sales list with 5,59,766 unit sales last month. This was a 26.41 percent YoY growth over 4,42,825 units sold in October 2022 to command a 30.91 percent share on this list. MoM sales also grew significantly by 7.69 percent when compared to 5,19,789 units sold in September 2023. Hero MotoCorp had initiated sales of the new Harley Davidson X440 during the Navratri festival and delivered 1000 units across 100 dealerships in India.At No. 2 was Honda Motorcycle and Scooter India (HMSI) with sales of 4,62,747 units in the past month, up 8.63 percent when compared to 4,25,969 units sold in October 2022 to currently command a 25.55 percent share on this list. MoM sales however, dipped by 5.91 percent from 4,91,802 units sold in September 2023.Two Wheeler Sales Oct 2023Outstanding sales performance was seen in the case of TVS Motor with a 25.01 percent YoY and 14.80 percent MoM growth to 3,44,957 units. There were 2,75,934 units sold in October 2022 and 3,00,493 units sold in September 2023 to command a 19.05 percent share. It was the TVS iQube electric scooter that saw an impressive increase in demand along with the XL100 moped.Domestic sales of Bajaj Auto Limited also improved considerably by 35.10 percent YoY to 2,78,486 units in October 2023, up from 2,06,131 units sold in October 2022. This was a 72,355 unit volume growth with a 15.38 percent share. MoM sales performance was even better with a 37.52 percent improvement over 2,02,510 units sold in September 2023. It was the Bajaj Pulsar range that contributed most to company sales crossing the 1.61 lakh unit mark last month. Lower down the list, Suzuki (84,302 units) and Royal Enfield (80,958 units) both reported YoY and MoM growth in domestic sales.Bajaj Auto Commands 58% of Export ListIn international markets, exports stood at 2,70,294 units, up 2.55 percent YoY over 2,63,579 units sold in October 2022. MoM exports however, fell by 4.16 percent as against 2,82,027 units shipped in September 2023. Bajaj Auto reported a YoY decline in exports by 4.50 percent to 1,29,658 units, whereas the company had shipped 1,35,772 units in October 2022. Bajaj Auto currently commands a 47.97 percent share on the export list. MoM performance was somewhat better with a 3.56 percent growth over 1,25,202 units shipped in September 2023.Two Wheeler Sales Oct 2023TVS exports improved 10.13 percent YoY but fell 12.50 percent MoM to 75,653 units to command a 27.99 percent share on this list. The company exported 68,696 units and 86,462 units in October 2022 and September 2023 respectively. Honda exports also grew YoY by 28.67 percent but dipped 14.37 percent MoM to 30,137 units. Exports of Suzuki declined YoY by 11.08 percent to 16,205 units but grew by 14.62 percent MoM. Hero exports saw a 28.98 percent YoY growth to 15,164 units but fell 9.25 percent MoM while RE exports dipped significantly by 39.07 percent YoY and 19.50 percent MoM to 3,477 units.These domestic sales and exports saw two wheeler total sales at 20,81,510 units in October 2023 up 18.23 percent YoY and 6.49 percent MoM. There had been a total of 17,60,600 units sold in October 2022 and 19,54,680 units sold in September 2023. Hero MotoCorp headed the list with 5,74,930 units sold last month with a 26.47 percent YoY and 7.16 percent MoM growth. Honda total sales dipped 6.47 percent MoM to 4,92,884 units from 5,26,998 units sold in September 2023. TVS (4,20,610 units), Bajaj Auto (4,08,144 units), Suzuki (1,00,507 units) and RE (84,435 units) each posted a YoY and MoM growth in total sales. More

    • 163 Shares119 Views

      in Bike

      Royal Enfield Domestic Sales up 6% in Oct 2023 – Exports fall 39%

      by

      New Royal Enfield Meteor 350Royal Enfield sold 84,435 motorcycles in October 2023 while exports declined to 3,477 units during the same monthRoyal Enfield sales in October 2023 increased both on a YoY and MoM basis and across its bikes in the sub-350cc and above-350cc categories. Sales ended positively in domestic markets though exports dipped both YoY and MoM.Royal Enfield YoY Sales Growth in October 2023Royal Enfield total sales (domestic + exports) stood at 84,435 units in October 2023. This was a 2.68 percent YoY growth over 82,235 units sold in October 2022 relating to a volume growth of 2,200 units. There was a growth in domestic sales by 5.79 percent to 80,958 units, up from 76,528 units sold in October 2022 with a 95.88 percent share while exports fell by 39.07 percent to 3,477 units from 5,707 units shipped in October 2022.Royal Enfield Sales Oct 2023Greater demand was seen in the case of RE bikes in the sub 350cc segment, sales of which grew by 1.67 percent YoY to 76,075 units in October 2023 up from 74,828 units sold in October 2022. Bikes in the above 350cc segment also posted a 12.87 percent YoY growth to 8,360 units, up from 7,407 units sold in October 2022.On a month-on-month (MoM) basis, RE sales grew by 7.45 percent over 78,580 units sold in September 2023. Here again, there was growth across domestic sales to the tune of 9.02 percent from 74,261 units sold in September 2023, while exports fell 19.50 percent from 4,319 units shipped in September 2023. Sales of the under 350cc bikes improved by 8.15 percent MoM while it was a 1.52 percent growth in case of bikes in the above 350cc segment.Royal Enfield Year-to-Date Sales FY24 Vs FY23In terms of fiscal year-to-date sales for the current financial year (FY24 YTD), Royal Enfield showed strong growth compared to the same period in previous year (FY23). In the FY2024 period, RE sales grew to 5,41,421 units, up 13.46 percent over 4,77,204 units sold in the same period of FY23. This was a volume growth of 64,217 units.Sales of sub-350cc bikes which include the likes of Classic 350, Hunter 350, Meteor 350 and the new 2023 Bullet 350, stood at 4,82,271 units, up 16.66 percent over 4,13,410 units sold in FY23. Bikes in the more powerful segment that include the Himalayan 411, Scram 411, Super Meteor 650, Interceptor 650 and Continental GT 650, witnessed a decline of 7.28 percent to 59,150 units in FY24 from 63,794 units sold in FY23.Domestic sales stood at 4,97,845 units in the FY24 period with a 19.32 percent growth over 4,17,237 units sold in FY23. The company’s performance in export markets ended in the red as numbers fell 27.33 percent to 43,576 units in FY24 from 59,967 units sold in FY23.The company has just revealed details of its new Himalayan 450 ahead of its official launch this month. Existing Himalayan 411 will be discontinued. The new Himalayan 450 will rival the recently launched Triumph Scrambler 400X, upcoming KTM 390 Adventure, 390 Enduro and Hero Xpulse 440. More

    • 163 Shares199 Views

      in Bike

      Hero ADV Maxi Scooter To Be Unveiled At 2023 EICMA Alongside Vida V1

      by

      Hero ADV Maxi Scooter to be unveiled at 2023 EICMA alongside Vida V1 ProThere is a small probability of Hero ADV maxi scooter getting Xtreme 160R 4V’s 163.2cc oil-cooled engine, detuned to make 15 bhp and 14 NmIndia’s largest motorcycle manufacturer, Hero MotoCorp, seems to be eyeing India’s premium scooter market. Hero is taking decent strides in that regard by working on two new premium scooters that have been patented and one spotted testing. However, there’s more to the story as Hero is teasing three scooters to be unveiled at 2023 EICMA show.Hero Unveiling Three Scooters At 2023 EICMAThe prospect of a new ADV maxi scooter from Hero MotoCorp is enticing. The other two scooters flanking this new vehicle in Hero’s latest teaser are Vida V1 with a single seat and twin seat layouts. This is a clear indication that Hero is taking Vida V1 Pro global, eyeing multiple markets.As of now, Hero Vida V1 Pro electric scooter is offered with a twin removable battery setup boasting a multitude of features and creature comforts. In total Vida V1 Pro packs a 3.94 kWh battery (combined) promising 110 km of real-world range and a top speed of 80 km/h.Customisable DIY seating, a 7-inch TFT display, LED projector headlights, and DC fast charging are some of its highlight features. Creature comforts include keyless start and go, cruise control, 2-way intelligent throttle, multiple ride modes with a custom setting and others.Hero Vida V1 Electric ScooterHero ADV maxi scooter – The star of the showApart from the two Vida V1 Pro scooters in the teaser above, Hero is also showcasing an ADV style maxi scooter. The company has already patented this design in India. Looking at it from the front alongside Vida scooters, it looks massive and makes its presence known.There is a tall windscreen too, that adds to visual drama of this machine and offers some level of wind protection. Going by recent windscreens by Hero, this one is likely to be adjustable too, by a small margin. We can see a dual headlight setup that wouldn’t look out of place on a big bike.Design patents reveal a tiny beak-like element too, amplifying its ADV roots more. Wheels look like they are 14 inches in size, contributing to the overall stance. Front suspension is in the form of RSU telescopic forks and seems to be long-travel ones. Rear gets a twin shock absorber setup. The swingarm-mounted engine looks unlike any other Hero scooter.Hero maxi scooter patantedYamaha Aerox 155 RivalThis leads to speculations suggesting Hero ADV maxi scooter may get Xtreme 160R 4V’s single-cylinder unit displacing 163.2cc and boasts a 4V head and active oil cooling. Performance figures of around 15 bhp and 14 Nm are sufficient, a slight detune from Xtreme 160R 4V’s setup. This way, Hero can take on Yamaha Aerox 155, enjoying quite a niche.When launched, it will be Hero’s first non-step-through scooter in modern times. There will be a center spine that could house scooter’s fuel tank, liberating quite a lot of space in under-seat storage. If priced around Rs. 1.2 lakh (ex-sh), it will undercut Yamaha Aerox 155 by up to Rs. 27,000 and will be sold at Hero’s new Premia dealerships. More

    • 125 Shares99 Views

      in Bike

      Honda 2W October 2023 Sales – Breaking Down the Numbers

      by

      New Honda ActivaHonda 2W October 2023 Sales Report – Diving into the NumbersIn October 2023, Honda Motorcycle and Scooter India (HMSI) displayed robust performance in the two-wheeler market. And as expected, reported steady sales for their 2W range.In terms of domestic sales, Honda 2W reported 4,62,747 units sold in October 2023. Comparing this to the previous year, there was a notable increase of 36,778 units. Representing an impressive 8.63 percent year-on-year (YoY) growth. This surge further solidified domestic dominance, which captured a substantial 93.89. percent share of total sales.Honda 2W sales Oct 2023Honda 2W’s Global Reach in October 2023On the international front, Honda 2W’s export numbers improved. They exported 30,137 units in October 2023, marking a substantial increase of 6,715 units compared to October 2022, reflecting 28.67 percent YoY growth. An expanding global reach, which contributed to 6.11 percent share of total HMSI sales.Summing up the domestic and international figures, total sales for Honda 2W in October 2023 stood at 4,92,884 units, a significant year-on-year growth of 9.68 percent. These larger than life numbers underscore their position as an industry leader in scooter sales.Honda 2W vs. September 2023: Sales ShowdownWhen it comes to month-on-month performance, it’s essential to note that Honda 2W reported a slight dip in domestic sales from September 2023. This stood at a difference of -29,055 units, equivalent to a -5.91 percent month-on-month (MoM) decline. Sales fell from 4,91,802 units. On the export front, they encountered a -14.37% MoM decrease, exporting 5,059 units fewer than the previous month, totalling 30,137 units.Honda 2W reported a total sales figure of 4,92,884 units in October 2023, with a -6.47 percent MoM decline. Mainly due to the domestic market’s performance. Total MoM sales fell from 5,26,998 units. Nonetheless, they continue to exhibit a strong market share, maintaining their position as a robust and reliable player in the two-wheeler industry. More

    • 150 Shares159 Views

      in Bike

      Ducati Bengaluru Ex-Employee Arrested For Cheating Customers – Rs 5 Crore Scam

      by

      Ducati BengaluruThe theft came to light following several complaints from customers stating their inability to register their bikes with the RTORakesh, a 38 year old ex-employee of the Ducati Bengaluru Showroom has been arrested on charges of having cheated the company to the tune of Rs 5 crores. Rakesh, a resident of Kukatpally at Ranga Reddy district in Andhra Pradesh, worked at the VST Ducati bike showroom for 5 years holding a post of Head of Operations. He had resigned on October 20th, just 3 weeks prior to his arrest.Fraud Comes to Light during Customer Complaints and AuditAs per the complaint registered, Rakesh has embezzled the company of Rs 5 crores. He sold a total of 21 bikes during the period July 2019 and September 2022. However, none of the sales were recorded in the company record books and nor was the amount collected from the sale of these bikes, collectively priced at around Rs 5.2 crores, deposited in company bank accounts.In his complaint, CN Mahesh, General Manager of the company stated that Rakesh had collected the amount from 21 customers and deposited the same in various bank accounts which also included one in the name of ‘Office Facility Suppliers’.The fraud was discovered following complaints from several buyers who brought their bikes back to the showroom on complaints that they could not get them registered with the RTO. An audit also brought to light the fact that there were a total of 21 such Ducati bikes sold by Rakesh, collected money from the buyers but deposited only a part of it in the company’s account while diverting the rest.The audit conducted by the company found that these included 9 Ducati Panigale, 3 Multistrada, 4 Diavel, 2 Monster, a Desert X, a Scrambler and a Streetfighter. Each of these bikes carry a price tag between Rs 10 lakh and Rs 40 lakh.Suspect Arrested but Insiders could also be involvedThough a complaint was registered and the suspect has been arrested, the police are also looking at another angle wherein some other insiders could be involved in the scam. The company should have followed certain procedures of sale such as inventory of bikes received, sales and delivery notes along with invoice details which should have been sent to the RTO. An inquiry is also being conducted into verifying authenticity of invoices while Mukesh the General Manager of VST Ducati bike showroom was not available for comment.Ducati offers 22 bikes in India which are categories into sports, cruiser, sport-naked, café racers and adventure tourers. The company is also planning launch of new models Scrambler 1100 Tribute Pro, Scrambler 800 Urban Motard and V21 L. More recently, Ducati introduced the world’s most powerful and highest revving single-cylinder engine. This 659cc, single-cylinder engine has been named the Superquadro which means the super square. More

    • 113 Shares189 Views

      in Bike

      Ducati Hypermotard 698 Mono Unveiled – 659cc, 84.5hp, 162Kg!

      by

      Ducati Hypermotard 698 MonoThe 659cc single-cylinder engine on Ducati Hypermotard 698 Mono generates up to 84.5 bhp pf peak power with a race-only Termignoni exhaustUsually not the name that springs while conversing single-cylinder motorcycles, Ducati has stepped into this arena after more than half a century. The motorcycle Ducati’s new 659cc single-cylinder unit will debut is the Hypermotard 698 Mono. Ahead of launch, specs and details of this highly-anticipated launch have surfaced on the internet.Ducati Hypermotard 698 Mono unveiledCurrently known for its slew of V2s and V4s, the Italian marque is stepping into single-cylinder production motorcycle realm with Ducati Hypermotard 698 Mono. The last single-cylinder motorcycle that Ducati ever made was Supermano in 1993, which was a race-only machine.With Hypermotard 698 Mono, Ducati’s portfolio turns much more profound and diverse, including both single and multi-cylinder machines. On the surface, Ducati Hypermotard 698 Mono will primarily rival KTM 690 SMCR and its Swedish counterpart Husqvarna 701 Supermoto along with GasGas SM700.Ducati’s new 659cc single-cylinder engine features squarish proportions. Hence the name Superquadro Mono. Lightness and compactness were among Ducati’s primary objectives. It features tech like horizontal cylinders and Desmodromic valve operation, 116mm piston from 1299 Panigale’s V-twin motor.Ducati Hypermotard 698 Mono wheelieAll of these have allowed Ducati’s new 659cc single-cylinder engine to eke out a peak power output of 77.5 bhp at 9,750 RPM. The engine redlines all the way to 10,250 RPM. With a track-only Termignoni exhaust, peak power can go till 84.5 bhp as well. These power figures can easily dwarf rival single-cylinder machines.Hardware and componentryA lighter engine is mated to a lighter frame to keep the overall weight low. Ducati Hypermotard 698 Mono comes equipped with a steel trellis frame that only weighs 7.2 kg. With rest of the componentry on board, Hypermotard 698 Mono weighs 151 kg dry and 162 kg with a full tank. Low weight ensures a high power-to-weight ratio too.Overall appeal and stance of the motorcycle are quintessentially Hypermotard but shrunk to slightly smaller proportions. Up front, we can see a handsome headlight unit with fang-like LED DRLs along with a functional beak, LED turn indicators and knuckle guards. Suspension duties are handled by Marzocchi 45mm fully adjustable USD telescopic forks with 215 mm travel and a Sachs rear mono-shock unit with 240 mm travel.Ducati Hypermotard 698 Mono drifting17-inch cast alloy wheels get 120/70 front and 160/60 rear tyres from Pirelli. These are Diablo Rosso IV, known for their grip, traction and track performance. Dropping anchor on Ducati Hypermotard 698 Mono is Brembo’s hardware with M4.32 calipers at the front biting into a single 330 mm disc and at the rear, there is a single 240 mm disc.The bike even gets Ducati’s extensive rider aids with an advanced IMU. These include launch control, engine brake control, adjustable wheelie control, traction control, 4-level ABS, cornering ABS along with wheelie assist function on optional Ducati Performance software patch. There is a bi-directional quick-shifter and a 3.8-inch TFT dashboard as well.There will be another version of Ducati Hypermotard 698 Mono for riders with a restricted license in select markets. This version will pack a friendlier 43.5 bhp and 49 Nm. More

    • 113 Shares189 Views

      in Bike

      Royal Enfield Himalayan 452 Accessories Detailed In Official Brochure

      by

      Royal Enfield Himalayan 452The new liquid-cooled Sherpa 450 engine on Royal Enfield Himalayan 452 develops 40 bhp of peak power and 40 Nm of peak torqueRoyal Enfield is set to wow the world with the new Sherpa 450 engine that debuted with Himalayan 452 ADV. In a recent post, we detailed specs and features of Himalayan 452 ahead of launch. Now, official brochure is out, revealing everything there is to know about RE Himalayan 452 including the extensive list of accessories.Royal Enfield Himalayan 452 colours detailedFor starters, Royal Enfield is offering 5 new colours. The off-white shade without decals is called Kaza Brown, off-white with decals is called Kamet White, nardo grey with blue stripes is Slate Poppy Bue and nardo grey with red stripes is Slate Himalayan Salt and lastly, we have Hanle Black, which has black and gold elements.As detailed in the previous post, Himalayan 452 comes equipped with Royal Enfield’s latest Sherpa 450 engine. This engine has DOHC setup, a 4V head and liquid cooling hardware. These attributes were unheard of from any Royal Enfield before.Even the bigger 650cc parallel twin motor has 2V head and is oil-cooled. This new engine makes 40 bhp and 40 Nm, mated to a 6-speed gearbox. Slip and assist clutch and ride by wire tech are on offer too. With advances in technology, Royal Enfield is taking larger strides and matching its key rivals.Royal Enfield Himalayan 452 coloursSlew of accessories for Himalayan 452Royal Enfield is offering a much more profound repository of accessories for Himalayan 452. These include a taller adventure screen replacing stock windscreen, a sleek headlight grill, sturdier touring mirrors in place of regular ones and a black rally handlebar pad.Not just that, there is a silver radiator guard which might contrast well with colourways like Kamet White and Kaza Brown. Royal Enfield is also offering a larger engine guard for protection along with a rally protection accessory that offers beefier protection to Himalayan 452’s underbelly.Considering Royal Enfield Himalayan 452 is an adventure tourer, it gets multiple touring-related accessories too. Adventure top box and adventure top box mounts will go on bike’s rear rack and ensure additional luggage carrying ability. There are adventure pannier rails that will hold adventure panniers.Royal Enfield Himalayan 452 accessoriesNot only are Royal Enfield Himalayan 452 accessories functional, but they enhance the overall looks and appeal by some margin. This gives personalisation for owners. That said, there are a few accessories missing in the list, primary among them are knuckle guards.The company is offering an extended warranty for up to 5 years and 5,000 km. Other than that, RSA, annual maintenance contract, online service booking are some of additional services Royal Enfield provides. Pricing for accessories will be revealed at launch, which is likely to happen any day now.Royal Enfield Himalayan 452 accessories touring More

    • 150 Shares199 Views

      in Bike

      TVS Motor Records Highest Ever Sales In Oct 2023 – 21% Growth

      by

      New TVS RaiderTVS iQube electric scooter sales stood at a total of 20,153 units in October 2023, an YoY growth of 148.71% over 8,103 units sold in October 2022TVS Motor Company, one of India’s leading two-wheeler and three-wheeler manufacturers, recorded its highest ever monthly sales last month. Total sales (2+3W) (domestic + exports) stood at 4,34,714 units in October 2023 a 20.66 percent YoY growth, as against sales of 3,60,288 units in October last year. It was also a MoM growth of 7.99 percent over 4,02,553 units sold in September 2023.TVS Motor’s 2W Sales October 2023In the two wheeler segment, motorcycle sales far exceeded that of scooters while it was the e-scooter TVS iQube that saw an impressive increase in demand. Motorcycle sales stood at 2,01,965 units in the past month, a 22.72 percent growth over 1,64,568 units sold in October 2022 to command a 48.02 percent share in the company lineup. MoM sales also improved by 8.33 percent over 1,86,438 units sold in September 2023.TVS Sales Oct 2023 vs Oct 2022 – YoY comparisonImproved scooter sales were also seen last month with 1,65,135 units sold in October 2023, up 22.15 percent over 1,35,190 units sold in October 2022. It was also a MoM growth of 6.18 percent when compared to 1,55,526 units sold in September 2023.Sales of the TVS iQube increased 148.71 percent YoY to 20,152 units from 8,103 units sold in October 2022. It was however, a marginal MoM decline of 1 percent as against 20,356 units sold in September 2023. TVS also sells the XL100 in the moped segment and sales improved 19.25 percent YoY and 18.93 percent MoM to 53,510 units in October 2023.TVS Sales Oct 2023 vs Sep 2023 – MoM comparisonThis took total 2W domestic sales up 25.01 percent YoY to 3,44,957 units from 2,75,934 units sold in October 2022 while on a MoM basis, domestic sales grew by 14.80 percent from 3,00,493 units sold in September 2023.Two wheeler exports also improved 10.13 percent YoY but fell by 12.50 percent MoM to 75,653 units. There had been 68,696 units and 86,462 units shipped in October 2022 and September 2023 respectively. Total two wheeler (domestic + exports) sales stood at 4,20,610 units in October 2023 up 22.05 percent over 3,44,630 units sold in October 2022 while MoM sales grew by 8.70 percent from 3,86,955 units sold in September 2023.TVS Motor Three Wheeler Sales October 2023In the three wheeler segment, sales grew in domestic markets but exports fell. There were 1,805 units sold in domestic markets, a 17.36 percent growth over 1,538 units sold in October 2022. MoM sales also improved by 2.21 percent over 1,766 units sold in September 2023. 3W exports on the other hand fell 12.90 percent YoY and 11.08 percent MoM to 12,299 units. There had been 14,120 units and 13,832 units exported in October 2022 and September 2023 respectively. This took total exports down 9.92 percent YoY and 9.58 percent MoM to 14,104 units.Total domestic (2+3W) saw an impressive 24.97 percent YoY growth to 3,46,762 units while total exports (2+3W) grew 6.20 percent YoY to 87,952 units in October 2023. Exports fell by 12.31 percent MoM over 1,00,294 units shipped in September 2023. More