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      Hero MotoCorp Sales Breakup Sep 2023 – Splendor, Vida, Xpulse, Karizma, Passion

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      New Hero KarizmaHero’s top 2 sellers, Splendor and Deluxe account for almost 78% of the total domestic sales in Sep 2023Hero MotoCorp, the world’s largest manufacturer of two-wheelers, has reported robust sales figures for its scooters and motorcycles in India for the month of September 2023. The company’s performance indicates steady growth in the domestic market and a substantial boost in exports.Hero MotoCorp Sales Breakup Sep 2023Hero MotoCorp’s domestic sales performance for September 2023 showcases a positive trend, with an overall growth of 2.39% compared to the same month last year. The company sold a total of 5,19,759 units in September 2023, up from 5,07,650 units in September 2022.Hero MotoCorp sales breakup Sep 2023The iconic Hero Splendor continues to be the top performer for the company, with 3,19,692 units sold in September 2023, marking an impressive growth of 9.99% compared to the previous year. This popular model continues to maintain a dominant market share of 61.51%.While the Hero HF Deluxe saw a decrease in sales by 10.13%, with 84,118 units sold, it remains a significant contributor to the company’s overall sales, commanding a 16.18% market share. Passion, Glamour, and Destini 125 models witnessed mixed results, with the Passion showing a marginal growth of 0.34%, Glamour experiencing a decline of 7.02%, and the Destini 125 demonstrating a 2.13% growth.Hero MotoCorp exports breakup Sep 2023On the other hand, the Pleasure, Xtreme 160/200, Xpulse 200 and Maestro posted varying degrees of decline in sales. The most notable decline was seen in the Maestro and Xpulse 200 models, with drops of 92.77% and 52.82%, respectively. Newly launched Xoom and Vida scooters are slowly reporting an increase in sales while the new Karizma 210 is expected to add a sales boost in coming months.Hero MotoCorp Exports Performance Sep 2023Hero MotoCorp’s exports also exhibited strong growth in September 2023. The company exported a total of 16,709 units, marking a significant 35.96% increase compared to September 2022. Hero Maestro led the export segment with 3,945 units, showing remarkable growth of 557.50% year-on-year. The Hunk and Xpulse 200 followed closely behind, with 72.73% and 86.10% growth, respectively.However, the HF Deluxe, Glamour, Splendor, Passion, Pleasure, and Destini models witnessed varying degrees of decline in exports, indicating that Hero MotoCorp’s international market performance is influenced by specific models and regions.Hero MotoCorp’s sales performance in September 2023 reflects a positive overall trend in the domestic market and a substantial boost in exports. The continued popularity of the Hero Splendor and growth in the export segment contribute to the company’s resilience in a competitive two-wheeler market. Despite challenges posed by changing consumer preferences and market dynamics, Hero MotoCorp remains a dominant player in the Indian and global two-wheeler industry, with a commitment to innovation and customer satisfaction. More

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      TVS Sales Breakup Sep 2023 – Apache, Raider, Jupiter, XL100, Ntorq, Ronin

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      TVS RoninTVS Motor Company has reported robust sales performance for their scooters and motorcycles in September 2023In the domestic market, TVS registered a total of 3,00,493 unit sales in September 2023, reflecting a remarkable growth of 5.85% compared to the same month in the previous year. The standout performers in the domestic portfolio were:TVS Sales Breakup Sep 2023 – Domestic MarketTVS Jupiter continued its dominance with 83,130 units sold in September 2023, a marginal increase of 0.89% over the same period in 2022. The scooter maintained its position as the highest-selling model in the TVS lineup, with a market share of 27.66%.TVS Sales Breakup Sep 2023TVS Raider made a significant impact by selling 48,753 units, marking a remarkable growth of 123.99% compared to September 2022. This tremendous surge in sales propelled Raider to the second position in the domestic chart, capturing a 16.22% market share. TVS iQube, the electric scooter, continued its impressive run, with sales surging to 20,276 units, an astounding 311.86% YoY growth. iQube secured a 6.75% market share, reflecting the growing interest in electric mobility.On the international front, TVS Motor Company showcased a strong presence, with export sales totaling 84,950 units in September 2023. This represents a notable 10.92% increase compared to the same month last year. The top-performing exports for TVS included:TVS Exports Breakup Sep 2023TVS Exports Breakup Sep 2023TVS Star City 125 led the export segment with 36,988 units sold, demonstrating a robust 26.86% growth year-on-year and a commanding 43.54% market share. Star City also contributed significantly to exports, with 16,466 units sold, a growth of 29.95% YoY and a 19.38% market share.Ntorq exhibited impressive export figures by selling 6,506 units, reflecting a remarkable 125.59% YoY growth and a 7.66% market share. The company’s continuous expansion in international markets and the introduction of electric scooters played a pivotal role in the export growth.The September 2023 sales data for TVS scooters and motorcycles clearly demonstrates the company’s ability to adapt to changing market dynamics and consumer preferences. With the resurgence of Raider, the steady performance of Jupiter, and the impressive growth of electric offerings like iQube, TVS Motor Company is well-positioned to maintain its competitive edge in the Indian two-wheeler market.Furthermore, their strong presence in international markets, exemplified by the impressive export figures, reaffirms their commitment to global expansion and diversification. As the automotive industry continues to evolve, TVS remains a key player, offering a wide range of options to meet the varying needs of consumers both in India and abroad. More

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      Triumph 400 Launched In Japan – Price 699k Yen to 789k Yen (Rs 3.87 L – 4.38 L)

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      Triumph 400X Scrambler launched in JapanApart from Japan, Triumph will be introducing Speed 400 and Scrambler 400X in various other overseas marketsWith a competitive price point that no one could guess, Triumph Speed 400 and Scrambler 400X have gotten off to a good start. After getting everyone’s attention in the domestic market, Triumph is actively pursuing opportunities across international locations. As part of that plan, Triumph’s 400cc duo have made their debut in Japan.Triumph Speed 400, Scrambler 400X prices in JapanBookings for Speed 400 and Scrambler 400X are currently open in Japan at authorized dealerships. Official launch and deliveries are expected to commence in January 2024. There doesn’t appear to be any major changes to the bikes that will be exported. However, there’s a significant difference in the pricing of these bikes in Japan.Triumph Speed 400 launched in JapanTriumph Speed 400 is available at a starting price of 699,000 yen. This is approximately Rs 3.87 lakh. In comparison, Speed 400 is available in India at a starting price of Rs 2.33 lakh (ex-sh). Even if one considers on-road price, it comes around Rs 2.70 lakh to Rs 2.80 lakh. In some states, on-road prices could be higher. But even then, Speed 400 turns out to be a lot cheaper in India. Pricing in India is likely to have been kept low to ensure improved competencies against segment leader Royal Enfield.Triumph Scrambler 400X is available at a starting price of 789,000 yen in Japan. This is approximately Rs 4.38 lakh. In India, the bike is available at a starting price of Rs 2.63 lakh. On-road price of Scrambler 400X is around Rs 3.13 lakh (Delhi).OEMs usually introduce certain changes to suit local tastes and preferences. For example, colour options are usually different. But that hasn’t been the case with Speed 400 and Scrambler 400X launched in Japan. The colour options are the same as available in India. Speed 400 is offered in colour options of Carnival Red / Phantom Black, Caspian Blue / Storm Grey and Phantom Black / Storm Grey. Options of Scrambler 400X include Matt Khaki Green / Fusion White, Carnival Red / Phantom Black and Phantom Black / Silver Ice.Hardware specifications appear to be the same as well in most parts. Both bikes have a 398cc, liquid cooled, DOHC, single cylinder engine. It generates 40 PS of max power and 38 Nm of peak torque. It is mated to a 6-speed gearbox. Among the two, Scrambler 400X (2,115 mm) is longer than Speed 400 (2,055 mm). Wheelbase is also longer at 1,420 mm, in comparison to 1,375 mm of Speed 400. Scrambler 400X weighs 180 kg, as compared to 171 kg of Speed 400.Multiple export markets on the radarTriumph will be aggressively pursuing export opportunities across the globe. Launch in Japan is just the beginning. The markets to be covered include Triumph’s home market United Kingdom. Other destinations include North America, South America and Southeast Asian markets. Initial aim is to export around 20,000 to 30,000 units per annum.Triumph is also working to expand its dealer network in India. It plans to cover 100 cities by end of this year. To cater to the increased demand, Triumph will be ramping up production of Speed 400 and Scrambler 400X. As of now, production capacity is 5,000 – 7,000 units per month. By end of this fiscal, production will be increased to 10,000 units per month. More

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      Cheaper Gogoro GX250 Homologated – 112km Range, 1.6kWh Battery

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      Image for reference onlyThe 1.6126 kWh Li-ion battery in Gogoro GX250 is likely to be a swappable one that promises a range of 112 km on a single chargeWith the revision in FAME II subsidy scheme, there is a paradigm shift in electric scooters. OEMs now prefer smaller battery options to pose a lower base price, acting as an entry portal into the brand’s EV portfolio. Ola and Ather have done this. Now, it seems to be the turn of Taiwanese brand Gogoro to follow this trend.Cheaper Gogoro GX250 HomologatedAs of now, Gogoro’s Indian portfolio consists of two advertised vehicles under Smart Vehicles – SuperSport and 2 Series. However, the vehicles listing shows Gogoro Delight, SuperSport, Viva and S1 vehicles as well. Earlier this year, Gogoro 2 Plus was homologated too.All of these are powerful electric scooters with 7kW+ power and the rest of the specs are pretty high-end too. Gogoro seems to working on a new vehicle that could potentially be the most affordable electric scooter in the company’s lineup.Named Gogoro GX250, this has lower-tier specifications and is likely to strike a much lower price point than others. This new vehicle was recently homologated and homologation documents reveal some key specs.Gogoro GX250 homologatedFor starters, Gogoro GX250 is a L1 category vehicle and a battery-operated one at that. As per Vahan website, L1 category vehicle is a motorcycle with a maximum speed under 45 km/h and engine capacity below 50cc or motor power not exceeding 0.5kW (whichever is applicable).Despite being certified as an L1 category vehicle, Gogoro has type approved GX250 for up to 2.471 kW peak power at 24 km/h. Also, 2.29 kW max 30 minute power at 54.8 km/h. This motor is manufactured by FIEM and the battery is from Gogoro.Speaking of battery, it is a 37.2 Ah Li-ion battery with 1.6126 kWh of total capacity. From this battery, Gogoro promises a range of 112 km on a single charge, as per AIS040 (Rev 1).What to expect?The battery weighs a total of 10.3 kg and is likely to be a removable design, given the brand’s whole appeal. Dimensionally, Gogoro GX250 has a 1425 mm long wheelbase, 650 mm width, 1980 mm length and 1165 mm height.It has a gross vehicle weight (GVW) of 272 kg and can hold a total of 2 persons. Gogoro GX250 is likely to be a low speed electric scooter capped at 25 km/h top speed. This may very well be a city commuter that could benefit from Gogoro’s battery swapping infrastructure.Pricing might be around Rs. 60,000 mark (ex-sh) and the launch will probably happen some time in 2024. Rivals include other low speed electric scooter promising similar attributes. More

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      Yamaha Sales Sep 2023 – FZ, MT15, R15, RayZR, Aerox, Fascino

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      R15 Monster Energy MotoGP EditionYamaha India has witnessed a remarkable surge in domestic sales, with some of its models showing impressive growthIn terms of domestic sales, Yamaha India reported a total of 64,182 units sold in September 2023. This figure reflects a substantial increase compared to the same month in the previous year when the company had sold 56,939 units. This impressive performance represents a 12.72% year-on-year growth, highlighting Yamaha’s growing presence in the Indian market.Yamaha Sales Sep 2023 – Domestic MarketRayZR scooter emerged as the top-selling model for Yamaha, with 15,904 units sold. This marks a significant increase from the 8,143 units sold in September 2022, translating to a remarkable 95.31% growth. RayZR secured a 24.78% market share in September 2023.Yamaha India Sales and Exports Sep 2023 vs Sep 2022 – YoY performanceYamaha’s FZ motorcycle secured the second position with 14,872 units sold. Although this represented a decrease from the 20,453 units sold in September 2022, it is important to note that the model still commanded a substantial 23.17% market share. Fascino scooter followed closely behind, with 12,014 units sold in September 2023, marking a growth of 16.10% compared to the previous year. It secured an 18.72% market share.R15 garnered 11,131 unit sales, exhibiting a growth of 16.55% year-on-year. It accounted for 17.34% of the market share. MT15 saw 8,691 units sold, with a growth rate of 7.27% compared to September 2022. It maintained a 13.54% market share. Aerox scooter made an impressive debut, with 1,570 units sold in its first month on the market. FZ25 recorded no sales in September 2023, down from 343 units in the same month last year.Yamaha India Sales and Exports Sep 2023 vs Aug 2023 – MoM performanceYamaha India Sep 2023 Export PerformanceWhile Yamaha’s domestic sales witnessed substantial growth, the export segment painted a different picture. The company reported a total of 19,026 units exported in September 2023, compared to 25,185 units in September 2022, representing a decline of 24.46%.FZ motorcycle was the top export model, with 9,550 units shipped in September 2023. Although this figure was lower than the 10,013 units exported in the same month last year, the FZ maintained a dominant 50.19% market share in exports. RayZR scooter, which performed exceptionally well in the domestic market, experienced a 6.48% decline in exports, with 3,132 units shipped.Saluto witnessed a significant boost in exports, with 2,276 units sold, compared to just 600 units in September 2022. This marked a substantial growth rate of 279.33% year-on-year. Yamaha exported 2,163 units of the Saluto RX. MT15 showed remarkable export growth, with 1,105 units shipped, reflecting a substantial increase of 376.29% year-on-year.R15 faced a sharp decline in exports, with only 276 units sold, down by 74.30% from the previous year. Yamaha’s Fascino scooter, while popular domestically, had only 232 units exported in September 2023. SZ saw 192 units exported, down by 89.96% from the same month last year. FZ25 reported 100 units exported, representing a significant decline of 92.28%. More

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      Royal Enfield Flying Flea – Plans To Resurrect The 125cc Legend?

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      Royal Enfield Flying Flea 125ccWith Flying Flea registered both in India and in Europe, it makes one wonder if Royal Enfield is planning a big surpriseRoyal Enfield seems busy with its portfolio expansion plans in 450cc and 650cc segments. The company is also working to develop its electric portfolio. In between these, could Royal Enfield be working on something entirely new?Plans to bring back Flying Flea?Eicher Motors had registered the ‘Royal Enfield Flying Flea’ trademark name in India in 2020. It is valid up to February 2030. The name is registered in Europe as well. Could it be possible that there are plans to bring back the Flying Flea motorcycle of World War II era? It is difficult to tell, as OEMs often register names without any confirmation about their production plans.Royal Enfield Flying Flea 125ccLooking into history, one can see that Flying Flea was a 125cc motorcycle. It was manufactured to be used in the fight against the Nazis during later stages of World War II. Interestingly, the original concept for the bike was based on a German idea. But with a chain of events, the bike was reimagined as a 125cc unit to be manufactured by Royal Enfield.While its official name was WD/RE, the bike came to be popularly referred to as the Flying Flea. It was named as such, as the bike was designed to be airdropped by parachute. This was usually done beyond enemy lines. It was meant to be used by troops for reconnaissance and communications between various dispersed Airborne units. The communications part was an important task, as reliable radio communications were not available in those times.Royal Enfield Flying Flea trademark filedOriginal Royal Enfield Flying Flea weighed just 56 kg. It allowed the troops to carry it across difficult terrain. With a fuel tank of 1.5 gallon, the bike could travel 150 miles (~ 241 km) before refuelling. Top speed was around 35 to 40 miles per hour (~ 56 to 64 kmph). The engine had a low compression piston, allowing the bike to run even with poor quality fuel. The bike had special features such as folding foot pegs, horizontally rotating handlebar, tall seat and a leak-proof fuel tank lid. The exhaust has an expansion chamber to reduce the noise.Possibilities with Flying FleaA decade or two earlier, an ICE-based 125cc Royal Enfield motorcycle could have been a viable experiment. Considering the name, it is unlikely to be relevant for higher capacity bikes. Things have changed dramatically over the last few years, as there’s a greater push towards electrification. Emission norms are getting stricter every year, which is pushing up prices of ICE two-wheelers.In such a scenario, it is unlikely that Royal Enfield will be experimenting with a 125cc petrol bike. The best possibility could be an entry-level electric bike, with aesthetics similar to the original World War II bike. Royal Enfield is already working on its electric bike portfolio. With its catchy name and rich history, an electric Flying Flea can be a serious crowd puller.Source More

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      Top 10 Motorcycles 150cc to 200cc Sep 2023 – Pulsar, Apache, Unicorn, MT15, R15, Xpulse

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      New TVS Apache 160Bajaj Pulsar has regained the No 1 position in the 150cc to 200cc motorcycle segment – Beating the likes of Apache and UnicornThe Indian motorcycle industry’s 150cc to 200cc segment faced significant challenges in September 2023, with a year-on-year sales decline of 17.03%. The latest sales figures indicate shifting preferences among Indian motorcycle enthusiasts and the impact of economic factors on the market.Top 10 Motorcycles 150cc to 200cc Sep 2023 – Bajaj Pulsar Tops the ChartsBajaj Pulsar regained its leading position in the 150cc to 200cc segment, with 46,888 units sold in September 2023. While this represents a modest 3.13% year-on-year growth, it commands a 30.99% market share in the segment. Bajaj’s consistent performance can be attributed to its established reputation and diverse range of offerings in this segment.TVS Apache and Honda Unicorn have both witnessed a significant drop in sales compared to September 2022. TVS Apache sales plummeted by 37.67% with 26,774 units sold, while Honda Unicorn recorded a 29.44% decline with 25,514 units sold. These numbers reflect the growing competition and changing consumer preferences that have affected these once-popular models.Yamaha FZ and R15 Face ChallengesYamaha’s FZ and R15 also faced challenges in September 2023. Yamaha FZ saw a 27.29% decrease in sales, with 14,872 units sold, while the R15 managed to grow by 16.55% year-on-year, selling 11,131 units. Despite the decline in FZ sales, the R15 showed resilience and maintained a 7.36% market share.Motorcycle sales 150cc to 200cc segment – Sep 2023A surprising standout in the segment was Honda Hornet 2.0, which recorded an impressive 458.26% year-on-year growth, selling 3,852 units. This growth can be attributed to its competitive pricing and attractive features, making it a popular choice among budget-conscious buyers. Other notable players in the 150cc to 200cc segment include Hero Xtreme 160R / 200, KTM 200, Hero XPULSE 200, and Bajaj Avenger, all of which experienced varying degrees of decline in sales compared to the previous year.Impact of Economic Factors and Looking AheadThe decline in motorcycle sales within this segment can be partially attributed to economic factors, including rising fuel prices and inflation, which have put pressure on consumers’ purchasing power. Additionally, the ongoing global semiconductor shortage has disrupted production schedules for several manufacturers, leading to supply chain challenges.The motorcycle industry is expected to face continued challenges in the 150cc to 200cc segment in the coming months. Manufacturers are likely to respond with innovative marketing strategies and product offerings to adapt to changing consumer preferences and the evolving economic landscape. Despite the current downturn, the Indian motorcycle market remains highly competitive, with manufacturers striving to create value for customers and maintain their market share. As the industry navigates these challenges, it will be interesting to see how the landscape evolves in the months to come. More

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      Top 10 Motorcycles Sep 2023 – Splendor, Apache, Pulsar, Classic 350

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      New Royal Enfield Classic 350Cumulatively, September 2023’s total sales reached 9,07,433 units for the top 10 motorcycles, marking a 3.77% growth from September 2022In the earlier post, we discussed top 10 two wheelers and top 10 scooters. In this post, let’s take a look at the top selling motorcycles of India. India’s motorcycle industry, known for its diverse offerings and consumer preferences, has showcased intriguing shifts in September 2023. With a mix of stalwarts and emerging challengers, the market landscape offers valuable insights. Let’s dive deep into the sales figures, comparing them both year-on-year (YoY) and month-on-month (MoM).Top 10 Motorcycles Sep 2023 : Year-on-Year OverviewHolding its title as the market leader, Hero Splendor registered an increase of 9.99% YoY. This growth translates to an additional 29,043 units compared to last September, emphasizing its continued acceptance among the masses. Shimmering in second place, Honda Shine gleamed with an impressive 11.26% growth YoY. The numbers speak for themselves, with a rise of 16,351 units, revealing the brand’s consistent quality and trust.Top 10 Motorcycles Sep 2023 vs Sep 2022 – YoY performanceShowcasing its enduring appeal, Bajaj Pulsar sped forward with a robust 14.40% YoY growth, enhancing its tally by 15,123 units. Such growth highlights its standing as a preferred choice for many biking enthusiasts. The journey wasn’t as smooth for Hero HF Deluxe, which faced a dip of 10.13%. This decline meant a reduction of 9,478 units YoY, hinting at shifting preferences or emerging competition.The market’s dark horse, TVS Raider, left everyone in awe with a meteoric 123.99% YoY growth. With an increase of 26,987 units, it’s evident that the brand’s strategies and the bike’s features resonated well with consumers. On the flip side, Bajaj Platina confronted a significant drop of 33.73% YoY. This translated to 24,739 fewer units, raising questions about market positioning or external factors influencing its performance.Top 10 Motorcycles Sep 2023 vs Aug 2023 – MoM performanceConsistency was the name of the game for Hero Passion, registering a minimal growth of 0.34%. This translates to a modest 122 unit difference YoY, showcasing its stable market presence. The brand faced some challenges with a decline of 7.02% YoY, resulting in 2,688 fewer sales. Factors could range from competitive pricing to evolving consumer preferences. TVS Apache grappled with a sharp 37.67% decrease, amounting to a reduction of 16,180 units from last year. This prompts a closer look at the brand’s positioning and market strategy. Royal Enfield Classic 350 experienced a slight dip of 5.69%, translating to a sales decline of 1,568 units.Month-on-Month AssessmentWhile YoY comparisons offer a broader perspective, MoM evaluations give us a pulse of the immediate market scenario. Hero Splendor, with a 10.27% MoM growth and 29,762 additional units, continued to impress. Honda Shine and Bajaj Pulsar followed suit with 8.63% (12,832 units) and a whopping 32.47% (29,441 units) growth, respectively.Conversely, Hero Passion and RE Classic 350 faced minor setbacks, with MoM declines of 4.77% (1,813 units) and 0.44% (115 units). Notably, TVS Apache made a significant comeback with a 41.94% MoM growth, adding 7,911 units to its sales.In RetrospectSeptember 2023 has been a testament to the ever-dynamic Indian motorcycle market. Brands like Hero Splendor and Honda Shine continued their legacy, while TVS Raider emerged as a formidable contender. The month also brought its set of challenges for some, emphasizing the importance of adaptability in this rapidly changing landscape. More