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      Electric 2W Sales Jan 2024 – Ola, TVS, Bajaj, Ather, Hero, Revolt, Ampere, Kinetic

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      Ola Electric ScooterOla Electric and TVS Motor led in terms of electric two-wheeler sales as per list released by Federation of Automobile Dealers Associations (FADA)The electric two wheeler market continues to show promise with new launches and several new startups entering the fray. Strong government incentives for vehicles locally produced related to a positive start to the New Year. While FAME II, introduced in 2019, allowed the segment to excel, FAME III is poised to also make an even more significant impact on sales through FY25. January 2024 saw a total of 81,608 electric two wheelers sold, up from 64,694 units sold in January 2023 up 26.14 percent YoY while there were 75,522 units sold in December 2023 with an 8.06 percent MoM growth.Electric 2W Sales Jan 2024 – Ola TopsOla Electric led the list with 32,252 units sold in the past month, an upward tick of 75.73 percent from 18,353 units sold in January 2023 while MoM sales improved by 6.57 percent as against 30,263 units sold in December 2023. Ola Electric S1 X and S1 X+ continued to woo customers and in December 2023 the company had significantly reduced pricing. Sales in Feb 2024 are expected to be even higher, thanks to the Rs 25,000 discount offer this month.Electric Two Wheeler Sales Jan 2024At No. 2 was TVS Motor with 15,244 units of iQube sold last month. This related to a 45.49 percent YoY growth from 10,464 units sold in January 2023 while MoM sales grew by 24.34 percent over 12,244 units sold in December 2023. TVS has a sole offering in this electric two wheeler segment with the iQube. TVS had also unveiled the iQube ST back in January 2023, which was supposed to be a top-end variant though launch has been delayed. We expect TVS to reveal price and commence deliveries sometime later this year.Bajaj saw its electric two wheeler sales at 10,829 units last month. This was a massive 232.69 percent YoY growth from 3,255 units sold in January 2023 while MoM sales also improved by 4.36 percent when compared to 10,377 units sold in December 2023. The 2024 Bajaj Chetak electric scooter was introduced in January 2024. It is offered in two variants of Premium and Urbane, priced at Rs 1.35 lakh and Rs 1.15 lakh respectively and Chetak Urbane has a higher range at 113kms as against that offered by the current Chetak that stands at 108kms.Electric Two Wheeler Sales Jan 2024 vs Jan 2023 – YoY PerformanceOla, TVS Motor and Bajaj were the only 3 automakers to post electric two wheeler sales above the 10,000 unit mark. Ather Energy sales remained flat on a YoY basis at 9,247 units sold in January 2024 from 9,227 units sold in January 2023. It was a 42.41 percent MoM growth over 6,493 units sold in December 2023. Ather now gears up for launch of the new Rizta electric scooter that is slated to receive several segment first features. Launch date is set for Ather Community Day to be held in June 2024.Electric Two Wheeler Sales Jan 2024 vs Dec 2023 – MoM PerformanceAmpere Sales grows 2603% YoYAmpere (Greaves) Electric Vehicles sales saw the highest YoY growth by 2603.45 percent to 2,352 units sold in January 2024, up from just 87 units sold in January 2023. It was however a MoM de-growth of 20.94 percent when compared to 2,975 units sold in December 2023. Hero MotoCorp electric scooter Vida sales stood at 1,491 units last month, an 849.68 percent YoY growth over 157 units sold in January 2023 while MoM sales dipped 6.46 percent from 1,594 units sold in December 2023.Lower down the sales order were electric two wheeler makers BGauss Auto with 1,485 units sales in January 2024 posting both a YoY and MoM growth while Wardwizard Innovation sales stood at 975 units with a YoY growth of 521.02 percent but a 30.75 percent MoM de-growth. The list also included Kinetic Green (820 units), Okinawa Autotech (683 units), PurEV (619 units) and Okaya EV (579 units.There was also Revolt (529 units) and Lectrix (506 units). Others in the segment contributed 4,017 units to total sales in January 2024. This was a 72.73 percent YoY and 10.65 percent MoM de-growth as there had been 14,729 units and 4,496 units sold in January 2023 and December 2023 respectively. More

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      2024 Honda CB350 Launched With Clip-On Handlebars From Daytona

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      Daytona Clip-On Handlebar Kit For Honda CB350 Lineup – Matte BlackDaytona Introduces Sporty Clip-On Handlebars for 2024 Honda CB350 Lineup, Enhancing its Neo-Retro AppealThe 350cc motorcycle market in India has been dominated by Royal Enfield’s Classic 350, but competitors are emerging to grab a share of this lucrative niche. The recent introduction of the Jawa 350 and updated Honda’s CB350 lineup has added more variety to this segment. In Japan, where the CB350 is available, motorcycle enthusiasts can now opt for a sportier riding experience with the introduction of race-style clip-on handlebars from Daytona.Exploring the 2024 Honda CB350 Lineup with Daytona’s Clip-On HandlebarsThe Honda CB350 lineup has made a significant impact in India, competing with the iconic Royal Enfield Classic 350. Sold in Japan, Australia, and select ASEAN nations, these motorcycles are manufactured in India and then shipped to Japan, where they are marketed under the GB350 branding. The standard GB350 corresponds to India’s H’ness CB350, GB350 S to CB350 RS, and GB350 C to CB350 (Classic).Daytona Clip-On Handlebar Kit For Honda CB350 Lineup – BuffedWhile the entire 2024 CB350 lineup in Japan comes equipped with conventional handlebars, the renowned aftermarket parts manufacturer, Daytona Corp, has introduced a new set of sporty clip-on handlebars designed specifically for the Honda CB350 lineup. This departure from conventional styling adds a neo-retro touch to the motorcycles, bringing them closer to the aesthetics of a Cafe Racer.In 2023, Honda in India launched the “My CB, My Way” campaign, offering Custom Kits for the CB350. One of the most appealing kits was the Cafe Racer Custom, priced at Rs. 22,200 for CB350 and Rs. 17,500 for CB350 RS. However, these kits missed the inclusion of clip-on handlebars, which are now offered by Daytona as a separate accessory.2024 Honda CB350 Clip-On HandlebarsDiscovering the Daytona Kit FeaturesDaytona’s kit, named “Separate Handset GB350/S (2023 Specification),” includes a top bridge, handle clamp, handle, throttle sleeve, clutch cable, throttle cable, and a brake hose. The kit is available in two finishes – Buffed (chrome) and Matte Black. The Buffed finish complements the H’ness CB350 (GB350), while the Matte Black suits the CB350 RS (GB350 S). The pricing for the Buffed finish is JPY 61,600, and the Matte Black is priced at JPY 57,200, approximately Rs. 34,000 and Rs. 31,600 in Indian currency, considering current exchange rates.2024 Honda CB350 Clip-On HandlebarsThe enhancement of the Honda CB350 lineup with Daytona’s clip-on handlebars not only elevates the visual appeal but also offers riders a chance to personalize their motorcycles for a sportier and more dynamic riding experience. As the retro classic motorcycle segment continues to evolve, aftermarket upgrades like these contribute to the individuality and customization options available to motorcycle enthusiasts.It’s worth noting that the 2024 Honda CB350 lineup, whether in its standard form or with Daytona’s clip-on handlebars, retains its reliable performance with a single-cylinder air-cooled SOHC 4V 348cc engine generating 20.7 bhp and 29.4 Nm of torque. The engine is paired with a 5-speed gearbox and features a slipper clutch for smoother gear transitions. As the demand for unique and customized motorcycles grows, collaborations between manufacturers and aftermarket specialists like Daytona are likely to shape the future of the motorcycle market. More

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      Yamaha Sales Jan 2024 – MT15 No 1, FZ, RayZR, R15, Fascino, Aerox, R3

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      Image – MRD VlogsMT15 has become the best-selling Yamaha in the domestic market – In Jan 2024, MT15 sales crossed 15kYamaha Motor Company has reported total sales (domestic + exports) at 75,062 units in January 2024. YoY growth was over 57,903 units sold in January 2023 relating to a volume growth of 17,159 units. It was Yamaha’s domestic sales that solely contributed to these increased sales volumes as the company saw a significant dip in exports. Yamaha had the MT15 and FZ as popular choices in domestic markets while it was the FZ and Saluto that attracted the attention of global buyers. Yamaha Domestic Sales – January 2024Total domestic sales in January 2024 stood at 62,384 units, up 57.19 percent over 39,688 units sold in January 2023. It was also a MoM growth of 55.80 percent over 40,042 units sold in December 2023. Yamaha MT15 saw the highest sales in domestic markets at 15,124 units in January 2024, up 73.08 percent over 8,738 units sold in January 2023. Its MoM sales also saw the highest percentage growth in its portfolio at 136.16 percent over 6,404 units sold in December 2023. The MT15 currently commands a 24.24 percent share.Yamaha Sales Jan 2024 vs Jan 2023 – YoY comparisonYamaha has recently launched new colour schemes for the FZ street bikes, FZ-X neo-retro and R15 faired motorcycle, and it was the FZ that featured at No. 2 on the sales list. It saw a 14.48 percent YoY growth in sales to 14,678 units in January 2024, up from 12,822 units sold in January 2023. MoM sales also improved by 36.12 percent from 10,783 units sold in December 2023.Another two-wheeler from the Yamaha stables to amass sales above the 10,000 unit mark was the RayZR scooter, sales of which also saw the highest percentage increase on a YoY basis. RayZR sales stood at 12,047 units in January 2024, up 134.33 percent over 5,141 units sold in January 2023. Its MoM performance improved by 39.38 percent from 8,443 units sold in December 2023.Yamaha Sales and Exports Jan 2024 vs Jan 2023 – YoY comparisonR15 sales also saw a 22.09 percent YoY and 31.99 percent MoM growth in January 2024 to 9,676 units. There had been 7,925 units and 7,331 units sold in January 2023 and December 2023 respectively. The list also included the Fascino with 8,176 units sold last month while two relatively new entrants Aerox and R3 have posted sales of 2,653 units and 30 units respectively. This was a 103.76 percent MoM growth for the Aerox over 1,302 units sold in December 2023. Yamaha also had the FZ25 on this list in January 2023 but it has been withdrawn from the company’s domestic portfolio though it is still available for exports.Yamaha Sales and Exports Jan 2024 vs Dec 2023 – MoM comparison Yamaha Exports Plummet in January 2024Yamaha has reported low exports in January 2024, with almost all models showing reduced sales while only the Fascino has seen a YoY and MoM growth and the Saluto growing significantly on a MoM basis. Total exports stood at 12,678 units in the past month, a YoY de-growth of 30.40 percent over 18,215 units shipped in January 2023. MoM exports also fell by 45.66 percent when compared to 23,333 units exported in December 2023.Even as the Yamaha FZ commanded a 56.62 percent share on this list, its exports dipped by 18.02 percent YoY and 34.57 percent MoM to 7,178 units in January 2024. There were 8,756 units shipped in January 2024 and 10,970 units exported in December 2023. Saluto exports experienced a YoY decline of 56.21 percent to 1,248 units in January 2024 made up in terms of MoM exports which grew by 137.26 percent from just 526 units shipped in December 2023.Reporting low exports was also the RayZR (1,152 units), Saluto RX (918 units), SZ (608 units), MT15 (530 units), FZ25 (480 units) and R15 (424 units). Increased demand on global markets were seen for the Yamaha Fascino, sales of which improved by 118.18 percent YoY to 120 units in the past month from just 55 units exported in January 2023. Its MoM performance escalated by 1900 percent over 6 units shipped in December 2023. There were also 20 units of the Aerox shipped last month.Recent launches included the Yamaha MT-03 and R3, while in 2024, the company is set to mark an entry into the premium middle-weight motorcycle segment with the Yamaha R7, MT-07 and MT-09 set for launch. Earlier this month, the company showcased Yamaha Nmax 155 and Grand Filano 125 in India. The Japanese two wheeler maker was also in the news recently with 3 lakh units of the Fascino 125 and RayZR 125 being recalled due to replacement of brake levers. More

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      Top 10 Motorcycles Jan 2024 – Splendor, Shine, Pulsar, Deluxe, Raider, Platina, Apache

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      Image – Satyam GuptaUnsurprisingly it was the Hero Splendor that topped this list leading over Bajaj Pulsar by 1,26,239 unitsAfter discussing top 10 two wheelers and top 10 scooters for the month, lets take a look at the top 10 motorcycles in Jan 2024. The motorcycle market in India witnessed a notable surge in sales for January 2024, both on a Year-over-Year (YoY) and Month-over-Month (MoM) basis. Despite a slight dip in YoY sales, the Hero Splendor emerged as the top-selling motorcycle, outpacing the Bajaj Pulsar by an impressive margin of 1,26,239 units.Top 10 Motorcycles Jan 2024Top 10 motorcycle sale in January 2024 stood at 7,92,151 units, a 23.10 percent YoY growth from 6,43,501 units sold in January 2023. It was also a MoM growth of 23.75 percent from 6,40,103 units sold in December 2023. Hero Splendor, also a leader in the top 10 two wheeler list in January 2024, was the highest selling motorcycle in January 2024. While Splendor sales crossed the 2 lakh unit mark, it was Bajaj Pulsar and Honda Shine that have posted sales above the 1 lakh unit mark.Top 10 Motorcycles Jan 2024Hero Splendor, with a current share of 32.21 percent on this list, has seen its YoY sales fall by 2.56 percent to 2,55,122 units in January 2024. There had been 2,61,833 units sold in January 2023. Sales numbers stood at 2,27,748 units in December 2023 relating to a MoM growth of 12.02 percent.At No. 2, Bajaj Pulsar sales grew significantly both on YoY and MoM basis to 1,28,883 units in January 2024. This was a 52.92 percent YoY and 20.75 percent MoM growth from 84,279 units and 1,06,734 units sold in January 2023 and December 2023 respectively.Top 10 Motorcycles Jan 2024 vs Jan 2023 – YoY comparisonHonda Shine also saw improved sales last month to 1,45,252 units, up 45.43 percent from 99,878 units sold in January 2023. MoM sales growth was even stronger by 70.60 percent from 85,144 units sold in December 2023. It was followed by the Hero HF Deluxe with 78,767 units sold in January 2024 relating to a 64.65 percent and 29.01 percent MoM growth.TVS Raider Sales Cross 43kAt No. 5 was the TVS Raider 125cc commuter bike with 43,331 units sold last month. It related to both YoY and MoM growth in sales by 59.11 percent and 9.86 percent respectively. Bajaj Platina sales fell YoY by 21.16 percent to 33,013 units in January 2024 from 41,873 units sold in January 2023 while MoM sales saw a 27.17 percent growth over 26,166 units sold in December 2023. It was followed by the TVS Apache with 31,222 units sold last month relating to an 8.37 percent YoY and 45.18 percent MoM growth in sales.Hero Passion found increased demand in India in January 2024 with 30,042 units sold, recording the highest YoY percentage increase as compared to any other motorcycle on the top 10 list. Passion sales escalated 734.27 percent over 3,601 units sold in January 2023. However, its MoM performance saw a dip of 10.46 percent from 33,551 units sold in December 2023. This caused its share to dip to 3.79 percent in the past month from 5.24 percent held in December 2023.Top 10 Motorcycles Jan 2024 vs Dec 2023 – MoM comparisonLower down the sales list was Royal Enfield with its Classic 350. The automaker which commands the 350-750cc motorcycle segment in India with four 350cc models – Classic 350, Meteor 350, Hunter 350 and Bullet 350, found that it was the Classic 350 that amassed most sales at 28,013 units in January 2024, showing off a YoY growth of 7.19 percent and a 31.93 percent MoM growth. It was followed by Honda Unicorn with 18,506 units sold last month, down 15.95 percent over 22,019 units sold in January 2023 but higher by 5.62 percent from 17,521 units sold in December 2023. More

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      Top 10 Scooters Jan 2024 – Activa, Jupiter, Access, Ola, iQube, Chetak, Destini

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      TVS iQube Sales Jan 2024Scooter sales have improved by leaps and bounds both on YoY and MoM basis headed by the Honda Activa with a near 39% shareFollowing our earlier report on top 10 two wheeler sales in India in January 2024, we now break up these sales listing out best-selling scooters and motorcycles. Scooter sales have growth significantly in the first month of this calendar year showing off both a YoY and MoM growth. New entrants into the segment, discounts being offered by various OEMs and rising demand across rural markets have spurred up scooter sales to a great extent.Top 10 Scooters Jan 2024Scooter sales in the top 10 list grew by 35.49 percent YoY in January 2024 to 4,48,087 units, up from 3,30,705 units sold in January 2023. It was also a MoM growth of 19.72 percent when compared to 3,74,266 units sold in December 2023. Every model on this list has shown outstanding sales growth both on YoY and MoM basis.Top 10 Scooters Jan 2024As is seen each month in the recent past, it was the Honda Activa that continued as the undisputed leader in the scooter segment in January 2024. Sales grew by a substantial margin. Currently holding a 38.78 percent share on this list, Honda Activa amassed sales to the extent of 1,73,760 units in January 2024. This was a YoY growth of 33.66 percent over 1,30,001 units sold in January 2023 relating to a volume growth of 43,756 units. MoM sales also saw a 20.39 percent growth over 1,44,335 units sold in December 2023.Holding on to its No. 2 position was TVS Jupiter with 36.23 percent YoY and 24.67 MoM growth in sales to 74,225 units in January 2023. It currently commands a 15.91 percent share. Suzuki Access sales stood at 55,386 units last month. This was a 21.47 percent YoY growth from 45,597 units sold in January 2023 while MoM sales improved by2.76 percent from 53,898 units sold in December 2023.Top 10 Scooters Jan 2024 vs Jan 2023 – YoY performanceElectric scooter sales grow in January 2024 – Ola S1 Sales up 75%With rising petrol prices pushing buyers towards greener scooter options, it was Ola S1 that saw its retail sales improve by a massive 76.73 percent in January 2024 to 32,252 units. There had been just 18,353 units sold in January 2023 while MoM sales improved by 6.57 percent from 30,263 units sold in December 2023.Top 10 Scooters Jan 2024 vs Dec 2023 – MoM performanceNot in the electric segment, but the Suzuki Burgman has also reported increased sales to 15,869 units with a 26.91 percent YoY and 60.93 percent MoM growth. Honda Dio also saw sales improve to 25,114 units in the past month as did TVS Ntorq, sales of which grew to 27,227 units in January 2024, up from 24,362 units sold in January 2023. It was also an even more significant MoM growth of 44.43 percent from 18,851 units sold in December 2023.Bajaj Chetak has increased demand as it registered the highest YoY growth on this list. Sales went up by a massive 303.19 percent YoY to 14,144 units in January 2024 whereas there had been 3,508 units sold in January 2023. MoM sales were 8.73 percent higher when compared to sales in December 2023 which stood at 13,008 units. The new Chetak is offered in two variants – Urbane and Premium and comes in at Rs 1.15,000 and Rs 1,35,463 (ex-sh) respectively.TVS Motor’s sole electric scooter in its portfolio, the iQube, also received improved sales in January 2024 to 15,652 units, up 28.62 percent from 12,169 units sold in January 2023. MoM sales saw an even higher percentage growth by 39.35 percent from 11,232 units sold in December 2023. Trailing the list was the Hero Destini with 14,458 units sold last month relating to a 35.49 percent YoY and 41.87 percent MoM growth. More

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      Ather Rizta New Teaser Features Anubhav Singh Bassi – Launch In June

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      Ather Rizta New Teaser Features Anubhav Singh BassiAs compared to the sharp profile of Ather 450 range, the upcoming Ather Rizta looks chubbier and has larger dimensionsOne of the early entrants in electric two-wheeler space, Ather Energy currently has the 450S, 450X and 450 Apex in its portfolio. All three scooters have the same basic design, although they differ in terms of pricing, features and styling. To attract an entirely new segment of users, Ather is working on a brand-new family-oriented electric scooter named Rizta.Ather Rizta – New teaser revealedAhead of launch, Ather has teased their new scooter once again. This time via popular comedian Anubhav Singh Bassi’s Insta profile. Bassi shares the teaser with the quote “Yeh hai mera naya #Rizta. Ather ka naya family scooter. Kisi ko batana mat but maine toh test ride leli hai. Can’t wait for you and your family to ride the new Rizta soon.”Ather Rizta and Anubhav Singh BassiFrom the new teaser, we get a better look at the design of new Ather Rizta. Ather’s existing 450 scooters have a sharp profile that appeals to younger audiences. Upcoming Rizta is different, as it acquires a more conventional design format. Something similar to the current breed of bestselling family-oriented ICE scooters such as Honda Activa, TVS Jupiter and Suzuki Access. For everyday needs, the classic design format comes across as a more practical choice.Ather Rizta has smooth, curvy panelling all across. The LED headlight is positioned at the lower section of the front apron and it sits flush with the surrounding structure. The large front fender follows the classic design format and is distinct from the 450 range. Another key feature revealed is a large instrument panel. Whether it is a touchscreen or a simple LCD unit will depend on the pricing strategy being used for the scooter. The LCD unit can be seen with the existing Ather 450S. It supports Bluetooth, allowing users to pair their smartphones to access calls and music. The LCD panel onboard 450S also has turn-by-turn navigation.Ather Rizta KeyAther Rizta – Comfy rides for entire familyOne can easily notice the large size of Rizta electric scooter. The rider and pillion space available seems larger than that of existing 110cc and 125cc ICE scooters. The seat is both longer and wider. Ather has been highlighting the large size of Rizta electric scooter in its social media posts.In one of the videos posted, Ather had compared Rizta’s seat with that of Honda Activa. Visually, Rizta’s seat seems around 1/3rd larger than Activa’s seat. Looks adequate to support even heavyset adults. Ather Rizta has a large floorboard area that will be useful for carrying groceries and other items. The scooter is also expected to get a frunk and large under seat storage.Ather Rizta featuresWith its larger dimensions, it is likely that Ather Rizta will be a bit heavier than the 450 range. It may need a larger battery pack and a new electric motor. The tech kit is expected to be borrowed from the existing 450 range. Even the base model 450S has a comprehensive range of advanced features such as park assist, auto hold, auto indicator cut off and guide me home light. Safety features include emergency stop signal and FailSafe. App-based features include tow and theft alert, find my scooter, real-time charge status, push navigation, find Ather Grid charging point and ride insights.Ather is likely to introduce Rizta later this year in June at the ‘Ather Community Day 2024’ event. Rizta will compete with the likes of Ola S1 Air and TVS iQube. It could be priced in the range of Rs 1.25 lakh to Rs 1.35 lakh. More

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      Royal Enfield Sales Breakup Jan 2024 – Classic, Bullet, Hunter, Himalayan, 650 Twins

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      New Royal Enfield Classic 350. Image – A N MOTOVLOGSRoyal Enfield posted significant growth in domestic markets while exports suffered both YoY and MoM declineTotal Royal Enfield sales in the past month stood at an impressive 76,187 units out of which the company sold 70,556 units in domestic markets while 5,631 units were exported. It was the 6th best-selling two wheeler OEM after Hero, Honda, TVS, Bajaj and Suzuki. In domestic markets, it was the RE 350cc portfolio that led the list while in terms of exports, the 650 Twins reported the highest numbers.Royal Enfield Sales Breakup Jan 2024In domestic markets, sales stood at 70,556 units in January 2024, up 4.22 percent from 67,702 units sold in January 2023. This was a volume growth of 2,854 units. MoM sales also improved by 23.15 percent from 57,291 units sold in December 2023. It was the company’s 350cc models, which included the Classic, Bullet, Hunter and Meteor that commanded the highest sales. Out of these, the Bullet 350 is a recent addition but climbed to a No. 2 spot taking over the Hunter and Meteor by significant numbers.Royal Enfield Sales Jan 2024 – DomesticClassic 350 sales were up 7.19 percent YoY to 29,013 units in January 2023 from 26,134 units sold in January 2023 to command a 39.70 percent share on this list. It was also a MoM growth of 31.93 percent from 21,234 units sold in December 2023.  Bullet 350 has also shown off both YoY and MoM growth to 15,590 units last month, up 12.21 percent YoY and 23.66 percent MoM from 13,893 units and 12,607 units sold in January 2023 and December 2023 respectively.RE Hunter 350 (13,536 units) and Meteor 350 (7,419 units) have both posted YoY decline in sales by 18.33 percent and 2.66 percent respectively. It was however a MoM growth by 15.64 percent and 22.20 percent. The new RE Himalayan 450, launched in November 2023 has been well received in Indian markets, though the same cannot be said about its exports. Himalayan sales improved by 33.25 percent YoY to 3,330 units as against 2,499 units sold in January 2023. However, it posted a marginal de-growth of 2.23 percent on a MoM basis from 3,406 units sold in December 2023.Royal Enfield Sales Jan 2024 – DomesticThere were also the 650 Twins that have seen its domestic sales grow by 129.80 percent YoY to 2,252 units from 980 units sold in January 2023 while MoM sales were higher by 38.58 percent over 1,625 units sold in December 2023. The RE sales list was trailed by the Super Meteor of which 416 units were sold last month, dipping 35.30 percent MoM from 643 units sold in December 2023.Royal Enfield Sales Jan 2024 – ExportsRE Exports Suffer Setback in January 2024Royal Enfield exports have dipped both on YoY and MoM basis by 20.60 percent and 7.63 percent respectively. There were 5,631 units exported last month as against 7,044 units shipped in January 2023 while there were 6,096 units exported in December 2023. Globally, it is the 650 Twins that sees highest demand with 1,858 units sold last month, an 11.57 percent YoY de-growth from 2,101 units exported in January 2023. However, its MoM performance improved by 16.34 percent from 1,597 units shipped in December 2023.The Meteor 350 has also seen increased YoY growth by 86.10 percent to 1,178 units though its MoM sales dipped by 6.51 percent. Classic 350 exports also fell 23.20 percent YoY and 19.54 percent MoM to 1,165 units while the relatively recent addition of Super Meteor saw 550 units shipped last month relating to a Mom de-growth of 2.48 percent from 564 units shipped in December 2023.Every other model in the company portfolio has shown off a decline in exports with Hunter 350 down 73.15 percent to 486 units last month from 1,810 units exported in January 2024. MoM exports also fell by 25.91 percent from 656 units shipped in December 2023. Hunter (486 units), Bullet 350 (233 units) and Himalayan (161 units) also posted MoM decline in exports. More

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      Top 10 Two Wheelers Jan 2024 – Splendor, Activa, Shine, Pulsar, Jupiter, Access

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      Image – R RohitSplendor was at a No 1 position followed by Honda Activa, Shine and Bajaj Pulsar each posting sales above the 1 lakh unit markTwo wheeler sales in January 2024 showed robust growth reporting both a year-on-year (YoY) and month-on-month (MoM) increase in sales. Taking the top 10 two wheelers into account, sales improved for each of these except for the Hero Splendor and Bajaj Platina, both of which have posted a YoY decline.Top 10 Two Wheelers Jan 2024 Vs Jan 2023Two wheeler sales in January 2024 grew by 24.12 percent YoY to 10,29,775 units, up from 8,29,641 units sold in January 2023. This was a volume growth of 2,00,134 units. The segment was dominated by the Hero Splendor despite the fact that it posted a decline in sales by 2.56 percent to 2,55,122 units in January 2024, down from 2,61,833 units sold in January 2023.Top 10 Two Wheelers Jan 2024At No. 2 was Honda Activa, sales of which improved by 33.66 percent to 1,73,760 units in January 2024, up from 1,33,001 units sold in January 2023. The Activa currently commands a 16.87 percent share among the top 10 two wheelers. Honda Shine had been the No. 4 best-selling 2 wheeler in December 2023 but beat the Bajaj Pulsar to gain a No. 3 position in January 2024.Also posting sales above the 1 lakh unit mark was the Bajaj Pulsar with 1,28,883 units sold last month, a YoY growth of 52.92 percent from 84,279 units sold in January 2023. The new 2024 Bajaj Pulsar NS200 has just been teased which promises to come in with several feature and technical upgrades which will allow it to compete even more efficiently with the TVS Apache RTR 200 4V and Honda Hornet 2.0.Top 10 Two Wheelers Jan 2024 vs Jan 2023 – YoY performanceThe top 10 list also included the Hero HF Deluxe with a 64.65 percent growth in sales to 78,767 units while TVS Jupiter followed with 74,225 units sold in the past month relating to a 36.23 percent YoY growth. YoY increase in sales was also reported for the Suzuki Access (55,386 units), TVS Raider (43,331 units) and TVS XL (42,036 units) while sales of the Bajaj Platina dipped by 21.16 percent YoY to 33,013 units in January 2024 from 41,873 units sold in the same month last year.Top 10 Two Wheelers Jan 2024 vs Dec 2023 – MoM performanceTop 10 Two Wheelers MoM SalesTaking into account sales of January 2024 and comparing the same with that of December 2023, the top 10 two wheelers showed off a 22.25 percent improvement in sales with every model on this list in the green. Hero Splendor sales were up 12.02 percent from 2,27,748 units sold in December 2023 to 2,55,122 units in the past month relating to a volume growth of 27,374 units.At No. 2 was the Honda Activa with a 20.39 percent MoM growth from 1,44,335 units sold in December 2023 while it was the Honda Shine that displayed the highest MoM growth on this list with a 70.60 percent improvement in sales from 85,144 units in December 2023 to 1,45,252 units sold in the past month. Bajaj Pulsar sales also grew 20.75 percent MoM from 1,06,734 units sold in December 2023 and Hero HF Deluxe sales improved by 20.01 percent over 61,056 units sold in December 2023 to 78,767 units in the past month.Lower down the list was the TVS Jupiter with a 24.67 percent MoM growth from 59,538 units and Suzuki Access sales were up 2.76 percent over 53,898 units sold in December 2023. There was also the TVS Raider and XL each of which saw sales grow by 9.86 percent and 9.78 percent respectively MoM while Bajaj Platina sales improved by 26.17 percent from 26,166 units sold in December 2023 to 33,013 units in January 2024. More