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      Ather Electric Scooter Sales Nov 2022 – New Offers, Discounts

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      As demand is expected to increase in the future, Ather has launched its second manufacturing facility in Hosur, Tamil NaduAther Electric ScooterAther has registered strong growth in November 2022, with YoY gain of 260.08%. A total of 7,234 units were sold in the month, as compared to 2,009 units in November last year.While YoY growth is commendable, MoM growth is down by -11.92%. Ather sales in October 2022 were higher at 8,213 units. This was something that was expected, as auto sales tend to taper off after the festive season. Ather has maintained its market share in November and expects sales to bounce back from January 2023 onwards.Production capacity expandedAther recently launched its second manufacturing facility in Hosur, taking overall production capacity to 420,000 units per year. As of now, the company is producing 600 scooters per day. It will soon be increased to around 1,500 units per day. Ather’s second manufacturing unit is twice as large in area, as compared to the first factory. It has 2 vehicle and 3 battery lines.While production has been boosted, Ather has ensured that there are no compromises on quality. It is among the EV brands that have had relatively fewer issues related to battery fire, low range, build quality, etc. Ather’s deep focus on quality continues, as more than 200 parameters are evaluated for every scooter that passes through the assembly line.Ather Electric Scooter Sales Nov 2022With increased automation, Ather has been able to reduce assembly time by 20%. Automation also helps reduce faults and defects linked to human error. A higher level of consistency and accuracy can be achieved with increased automation. However, the human element is still necessary, as there are tasks that machines cannot do. Ather currently provides direct employment to around 1,600 individuals.Ather has consistently expanded its retail footprint across the country. With increased production capacity, it has become imperative to explore newer sales hubs. Towards that end, Ather launched nine new retail outlets in November. The new outlets are located in Salem, Dwarka, Gurugram, Patna, Hassan, Jamnagar, Bengaluru and Tuticorin. With the new outlets, Ather has expanded its reach to 59 cities. It currently has 73 experience centres across India.Ather Electric Scooter Discounts, Offers – Dec 2022Ather is also working on reducing the acquisition burden on consumers. Even with FAME II subsidy, Ather 450 Plus and 450X are priced at Rs 1.34 lakh and Rs 1.56 lakh in Bengaluru. This is quite high, as compared to popular ICE-based scooter Honda Activa that is available at a starting price of Rs 75,000.Ather Electric Scooter Discounts / Offers Dec 2022To make it easier for consumers to switch to electric, Ather has launched a first-of-its-kind EV finance scheme in partnership with IDFC Bank. For example, Ather 450X with on-road price of Rs 1.62 lakh can be purchased at monthly EMI of Rs 3,456. This will be a 48-months loan with a fixed interest rate of 8.50%. Consumers will benefit from zero processing fee and low down payment of Rs 39,416. Down payment can be even lower in case the buyer opts for a vehicle exchange scheme. More

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      Two Wheeler Sales Nov 2022 – Hero, Honda, TVS, Bajaj, RE, Suzuki

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      Despite Hero MotoCorp leading the Two Wheeler Sales Nov 2022, it witnessed a decline MoM just like every other major manufacturerRoyal Enfield Meteor 350India is one of the largest motorcycle markets in the world. For a long time, India’s resident brand Hero MotoCorp has led the sales. Two Wheeler Sales Nov 2022 follow the same path and with 3,79,839 units sold in domestic market, Hero registered 15.50% YoY growth with a 32.26% market share of this list. Volume gained was 50,977 units.Hero lost 62,986 units in volume MoM at a rate of 14.22%. Honda saw 3,53,540 units sold with its name, up from 2,56,174 units sold a year ago. YoY growth was 38.01% and MoM decline was 17%. TVS took 3rd place with 1,91,730 units. The brand saw 8.97% YoY growth and a 30.52% MoM decline.Two Wheeler Sales Nov 2022Royal Enfield and Suzuki sold 65,750 and 63,156 units respectively and both of them registered YoY growth of 46.46% and 13.46% respectively and sales dropped MoM. In total, These 6 major 2W manufacturers’ sales accounted for 11,77,515 units last month in domestic market. Figures grew by 17% YoY and fell by 21.34% MoM with a volume loss of 3,19,506 units MoM.In Exports, Bajaj leads the charts with 1,38,630 units shipped last month. When compared to 1,93,520 units shipped last year and 1,35,772 units shipped a month before, Bajaj registered a 28.36% YoY decline and 2.10% MoM growth. TVS showed similar patterns as Bajaj by registering 12.22% YoY decline and 4.68% MoM growth.2W sales November 2022 – DomesticTVS shipped 71,912 units last month, which is almost half of Bajaj’s numbers in exports. Honda shipped 19,681 units in November 2022 and fell into the red completely by registering an 18.71% YoY and 15.97% MoM decline. Suzuki saw a 63.58% YoY growth with 16,203 units shipped with its name. MoM decline of 11.09% was not very inspiring, though.Taking 5th and 6th spots, we have Hero MotoCorp and Royal Enfield with 11,093 and 5,006 units shipped respectively. Just like Honda, both Hero and Enfield fell into the red by registering 45.97% and 26.64% YoY decline and 5.65% and 12.28% MoM decline respectively. Total exports by these 6 2W makers accounted for 2,62,525 units and saw a 22.08% YoY and a 0.40% MoM decline.Total Sales Two Wheelers Nov 2022When total sales are concerned, Hero tops the charts again with 3,90,932 vehicles in its name and registered 11.89% YoY growth and gained 41,539 units in volume YoY. Because it sold 4,54,582 units in October 2022, Hero lost 63,650 units in volume at a rate of 14% MoM. Honda inches closer to Hero’s numbers with 3,73,221 units and saw 33.11% YoY growth and a 16.95% MoM decline.2W sales November 2022 – ExportsTVS and Bajaj’s numbers are very close to each other. TVS and Bajaj sold 2,63,642 and 2,62,120 units last month respectively. While TVS saw 2.24% YoY growth and a 23.50% MoM decline, Bajaj’s numbers declined in both YoY and MoM analysis. Bajaj lost 76,353 units YoY in volume which is the highest in this list.Suzuki and Enfield’s sales fall close to each other as well with 79,359 and 70,766 units sold respectively. Both Suzuki and Enfield registered YoY growth and MoM decline each. In total, the 6 highest-sellers in the 2W segment accounted for a total sales (domestic+exports) of 14,40,040 units in November 2022.2W sales November 2022 – TotalWhen compared to 13,43,355 units sold in November 2021 and 17,60,600 units sold in October 2022, 2W sales in November 2022 for these 6 manufacturers grew by 7.20% YoY and declined by 18.21% MoM. Volume gained YoY stood at 96,705 units and volume lost MoM stood at 3,20,560 units. More

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      Royal Enfield Sales Nov 2022 – Classic, Bullet, Meteor, Hunter

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      Royal Enfield sales have declined across the board in MoM analysis – including 350cc to 650cc, domestic and exportsRoyal Enfield 350cc Custom By EimorIf there is one two wheeler brand in India that has a monopoly in retro classic motorcycles, it is Royal Enfield. Manufacturers like Honda, Jawa and Yezdi have tried their hand at this segment and results haven’t been as fruitful.The brand’s 350cc portfolio includes bikes like Classic 350, Hunter 350, Meteor 350 and Bullet 350. These motorcycles drive sales unlike any other segment for Royal Enfield. This segment sold 65,956 motorcycles last month. In YoY analysis this segment performed very well as it grew 52.16% YoY as opposed to 43,346 units that it sold last year.Royal Enfield Sales Nov 2022Volume gain YoY for 350cc segment is 22,610 motorcycles and this segment commands 80.20% of Royal Enfield’s total manufacturing capacity. This used to be 91.15% in October 2022, just a month before. The 350cc segment had sold 74,828 motorcycles that month. MoM sales dropped by 11.86% with 8,872 motorcycles lost in volume.Royal Enfield 350cc YTD sales stood at 4,79,366 motorcycles, which grew by 65.90% YoY, as opposed to 2,88,956 motorcycles sold a year ago. Volume gained was 1,90,410 motorcycles YoY. Royal Enfield has its fair share of above 350cc bikes including Himalayan, Scram 411, Interceptor 650 and Continental GT 650.Royal Enfield Sales Nov 2022This segment sold 4,810 units last month and sales dropped by 42.10% YoY and 35.06% MoM. Volume loss stood at 3,498 units YoY and 2,597 units MoM. YTD sales for this segment stood at 68,604 units as opposed to 53,898 units sold a year ago in the same period and gained 27.28% YoY. Royal Enfield is bringing new products like Himalayan 450, Scram 450, Super Meteor 650 to this segment to boost sales.In domestic market, Royal Enfield sold 65,760 units last month. When compared to 44,830 units sold a year ago and 76,528 units sold a month before, the domestic market registered 46.69% YoY growth and 14.07% MoM decline in sales. Volume gained YoY is 20,930 units and volume lost MoM is 10,768 units.Royal Enfield Exports Nov 2022YTD sales for domestic market stood at 4,82,997 units and grew 63.33% YoY. While doing so, the company gained 1,87,286 units in volume YoY. The British brand shipped 5,006 units overseas in November 2022. In contrast, 6,824 units were shipped last year and 5,707 units were shipped in October 2022.Royal Enfield registered 26.64% YoY decline and 12.28% MoM decline. Exports YTD stood at 64,973 units, up from 47,143 units sold a year before. Exports YTD grew by 37.82% YoY and gained 17,830 units in volume. In total, Royal Enfield sold 70,766 motorcycles in November 2022 and gained 37% YoY as opposed to 51,654 motorcycles sold in November 2021.Total sales dropped by 13.95% MoM due to 82,235 motorcycles sold in October 2022. Royal Enfield’s total YTD sales stood at 5,47,970 motorcycles and registered a 59.83% YoY growth and gained 2,05,116 motorcycles in volume. More

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      Hero MotoCorp Sales Nov 2022 – Splendor, Passion, Xpulse, Destini

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      Positive growth momentum is expected to continue in coming months on account of favourable economic conditions in the countryHero SplendorIndia’s largest two-wheeler manufacturer, Hero MotoCorp has reported YoY gain of 12% in the month of November. A total of 390,932 units were sold in comparison to 349,393 units sold in November last year. YTD numbers are also positive with cumulative sales at 3,663,875 units during YTD FY’23. In comparison, a total of 3,360,493 units were sold during YTD FY’22.However, MoM growth is negative in comparison to 454,582 units sold in October 2022. October and November are usually the best months of the year in terms of sales. Most OEMs including Hero launch special schemes, discount offers and finance options to ensure max sales during this period.Hero domestic sales vs. exports – Nov 22Even though Hero has stepped up focus on exports, it continues to be largely dependent on domestic sales. In the month of November, domestic sales were at 379,839 units. YoY growth is positive, as compared to 328,862 units sold in November last year. Domestic sales during YTD FY’23 was at 3,539,944 units, as compared to 3,163,155 units during YTD FY’22.Hero exports have taken a hit in November, possibly due to inflationary conditions prevailing in several overseas markets. India is among the few countries that have relatively less inflation in comparison to global average. Hero export numbers in November were at 11,093 units, a significant fall from 20,531 units exported in November last year. Cumulative numbers tell a similar story with 123,931 units exported during YTD FY’23. Exports were higher at 197,338 units during YTD FY’22.Hero MotoCorp domestic sales – YoY vs MoMOverall, it’s the motorcycles that continue to generate majority of sales for Hero MotoCorp. Some of Hero’s bestsellers include Splendor, HF Deluxe, Hero Passion and Glamour. Contribution of scooters in overall sales was around 10% in November 2022. Both motorcycle and scooter sales were positive in the month. A total of 352,834 motorcycles and 38,098 scooters were sold, as compared to 329,185 motorcycles and 20,208 scooters in November last year.Hero MotoCorp Sales Nov 2022Growth momentum to continueWith favourable economic indicators such as encouraging farm activity, along with positive consumer sentiments and upcoming marriage season, Hero MotoCorp expects the sales momentum to continue in coming months. Sales will also get a boost from VIDA electric scooter, which is currently available in Bengaluru, Delhi and Jaipur. Deliveries are scheduled to commence from second week of December 2022.Hero MotoCorp continues to focus on strengthening the social ecosystem, as part of its CSR program. The company recently provided 50 motorcycles and 10 scooters to Gurugram police. These will be used for patrolling to keep a check on crime and ensure safety of women.There’s focus on promoting biking as well, via special events such as Hero Dirt Biking Challenge (HDBC). The company recently concluded the first edition of this event, which witnessed participation from riders and enthusiasts across the country. The event was spread over a period of 120 days, covered 41 cities and had 1 lakh registrations. Asad Khan was announced as the off-Road Riding Champion in this year’s event. The complete story will be aired soon on MTV and Voot. More

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      2023 Royal Enfield Himalayan 450 Scram Spied – New Details

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      Royal Enfield Scram 450 will get the same engine, chassis and most other hardware as Himalayan 4502023 Royal Enfield Himalayan 450 ScramRoyal Enfield is taking its ‘four motorcycles a year’ strategy seriously. This year, we got the new Classic 350, Scram 411 and Hunter 350. They also unveiled Super Meteor 650, which will launch in Jan 2023. But what after that?Well, there are many new motorcycles planned for launch by RE. One of them is an all new Himalayan 450 and Scram 450. Of the two, it is the Scram 450 that has now been spied somewhere in Europe.2023 Royal Enfield Himalayan 450 Scram SpiedFor starters, Scram 450 will get a different design than Scram 411 which is currently on sale in India. It will also get a new 450cc engine mated to a new 6-speed gearbox. Even though Himalayan 450 is spotted with USD forks at front, Scram 450 still seems to get telescopic units.Himalayan 450 seems to be a more premium in comparison, and with recently spied Hero XPulse 400 on the horizon, things are only getting more interesting in the mid-size ADV segment.2023 Royal Enfield Himalayan 450 ScramAlso, Himalayan 450 gets split seats and a different riding triangle than a single-piece seat on Scram 450. The frame will be sturdier than on Scram 411 and performance will be enhanced too. This new 450cc engine is likely to make around 30 bhp and 40 Nm of torque whereas the old 411cc engine used to make 24 bhp and 32 Nm.New RE Himalayan Scram 450 will get a host of electronic goodies like ride-by-wire, riding modes, and a tripper display for Bluetooth connectivity and navigation. It also gets alloy wheels with block-pattern tyres typically found on scrambler-style bikes. Whereas Himalayan 450 will get spoked wheels with AT tyres.Launch & CompetitionRoyal Enfield has not yet revealed any official info regarding the launch timeline. But looking at the recent test mule, it does look in a near-production-ready state. Plus it had minimal camouflage and most of the bodywork can be seen. We expect Scram 450 sometime next year. Maybe EICMA 2023?When launched, Scram 450 will be a much superior product to Scram 411. And it will be a more worthy opponent to Yezdi Scrambler, KTM 390 and Hero might also launch a scrambler-style XPulse 300T in the future.Source More

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      Upcoming Royal Enfield 350cc, 450cc, 650cc Motorcycles – Launch Plans Leak

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      Royal Enfield will be introducing multiple new bikes based on its J-series, new 450cc and 650 twins’ platformsUpcoming Royal Enfield 350cc, 450cc, 650cc MotorcyclesIt was in 2020 that Royal Enfield talked about its plans to introduce an average of 4 new/next-gen products every quarter till 2027. As part of that plan, bikes like Meteor 350, new-gen Classic 350, Scram 411 and Hunter 350 have already been launched. Super Meteor 650 was recently unveiled and it is expected to be launched in early 2023.As revealed via a leaked document, there are several new bikes currently under development. Hat tip to automotive enthusiast Yuvaraj for sharing the leak document. Royal Enfield will be using its existing 350cc J-series platform, 650cc twins’ platform and its new 450cc platform to develop the new bikes. These upcoming Royal Enfield bikes will expand options available to enthusiasts and also tackle existing and emerging rivals.Royal Enfield upcoming J-series bikesNew-gen Bullet is likely to be the next launch under the J-series platform family tree. It will have the new 350cc motor that does duty on Meteor 350, Hunter 350 and new-gen Classic 350. Users can expect more refined performance and close to zero vibrations with the new-gen Bullet.An entirely new bobber motorcycle will also be launched under the 350cc J-series platform. The 350cc segment is getting a lot of traction, which has attracted new rivals such as Honda, Jawa and Yezdi. There are more to come, as the likes of Hero-Harley and Bajaj-Triumph are developing their respective challengers to Royal Enfield middleweight bikes.Upcoming Royal Enfield 350cc, 450cc, 650cc MotorcyclesRoyal Enfield upcoming 450cc bikesTo remove limitations reported with current Himalayan, Royal Enfield has developed a new 450cc platform. Himalayan 450 is expected to be the first bike based on the new 450cc platform. It will have a liquid-cooled motor. Test mules of 450cc Himalayan have already been spotted, indicating possible launch next year.A more off-road focused variant is also under development, based on the new 450cc platform. This bike will be similar to rally bikes, with features such as long suspension travel, wire-spoke wheels, higher ground clearance, rugged engine guard and single-piece seat.Other bikes based on the new 450cc platform include a cafe racer and scrambler. The former gets features such as bikini fairing, alloy wheels and clip-ons whereas the scrambler will be distinguishable with features such as wire-spoke wheels and high-mount exhaust.Upcoming Royal Enfield 350cc, 450cc, 650cc MotorcyclesRoyal Enfield upcoming 650cc bikesRoyal Enfield is betting big on 650cc segment, with at least 7 new bikes under development. It includes Himalayan 650, a single-seat bobber likely to be called Shotgun 650, Bullet 650 and a faired version of Continental GT 650. Other 650cc bikes under development include Classic 650 and 650cc scrambler.Increased focus on 650cc space seems logical, as it allows Royal Enfield to tap into both domestic and international markets. The twins are a roaring success and these new upcoming 650cc bikes will help build momentum. They will also add more firepower to take on OEMs like Honda, Yamaha and Kawasaki in international markets. More

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      TVS Sales Nov 2022 – Apache, Jupiter, XL 100, Raider, iQube

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      Except for mopeds and exports, TVS Sales November 2022 stood green all the way with EVs registering massive gainsImage – The Sameer VlogsNovember 2022 marks a successful month for TVS Motor. The company sold 1,45,006 motorcycles last month in the domestic market. As opposed to 1,40,097 motorcycles sold a year ago, TVS gained 3.50% YoY in sales and 4,909 motorcycles YoY in volume.More than half of TVS’ 2W sales are via motorcycles. Apache series and recently updated Raider are good examples. With 83,679 scooters sold, TVS gained 11.54% YoY as opposed to 75,022 scooters sold a year ago. With Jupiter leading the way, volume growth stood at 8,657 units YoY and scooters constituted 31.74% of TVS’ domestic 2W sales.TVS iQube electric scooter has gained massive popularity with MY2022 update. With just 699 EVs sold in November 2021, TVS gained a massive 1338% YoY growth by selling 10,056 EVs last month. Volume growth stood at 9,357 units YoY.TVS Sales November 2022With XL 100, TVS is the only ICE moped maker in India. Popularity for mopeds seem to have declined, as TVS registered 18.22% YoY decline as it sold 34,957 mopeds in Nov 2022 as opposed to 42,744 mopeds in Nov 2021. Combined, TVS’ total domestic sales stood at 1,91,730 units and had a growth rate of 8.97% YoY with 15,790 units gained in volume.TVS Sales November 2022TVS Motor exports saw a decline of 12.22% YoY with just 71,912 units shipped last month as opposed to 81,923 units shipped last year. Exports constitute 27.28% of TVS’ total 2W sales, while domestic sales constitute 72.72%. Total 2W sales (domestic + export) was 2,63,642 units with a growth rate of 2.24% YoY.TVS makes 3W rickshaws and cargo vehicles – domestic sales was only 1,259 vehicles while exports was 12,222 vehicles. That said, 3W exports registered a 13.18% YoY decline in sales, while 3W domestic numbers grew by 67.20% YoY. 3W exports constitute 90.66% of total 3W sales. Speaking of, total 3W sales stood at 13,481 vehicles and saw a decline of 13.18% YoY as opposed to 14,830 3W vehicles sold in November 2021. Volume loss was pegged at 1,349 vehicles YoY.TVS Motor Total SalesTVS’ total (2W + 3W) domestic sales registered a healthy 9.22% YoY by selling 1,92,989 units in November 2022 over 1,76,693 units sold a year ago. Volume growth YoY was 16,296 units and constituted 69.64% of TVS’ total sales.Total exports last month was 84,134 units, which fell short to 96,000 units shipped a year ago. Due to this rate of decline stood at 12.36% YoY and TVS lost 11,866 units in volume. Grand total (domestic + exports) for 2W + 3W for November 2022 stood at 2,77,123 units and registered 1.62% YoY growth as opposed to 2,72,693 units sold in November 2021. More

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      Bajaj Sales Nov 2022 Decline – Pulsar, Platina, Dominar, Chetak

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      Except for commercial vehicles sales in domestic markets, Bajaj sales for November 2022 is not something to write home about for the companyBajaj Pulsar NS200Post festive season, Bajaj sales have slightly declined in November 2022 over the numbers registered in November 2021. Taking 2 Wheelers, Bajaj’s domestic sales stood at 1,23,490 units and when compared to 1,44,953 units sold a year ago, Bajaj registered 15% decline YoY in domestic market.Exports reflected the same results as domestic market with respect to two wheelers. At 1,38,630 2-wheelers shipped, Bajaj registered 28% decline YoY in contrast to 1,93,520 2-wheelers shipped a year ago. It is to be noted that Bajaj’s exports are greater than its domestic sales when two-wheelers are concerned.In total, Bajaj’s two-wheelers managed to register 2,62,120 units last month, down from 3,38,473 units a year before. This led to a 23% decline YoY for Bajaj’s two-wheeler sales. Top selling two wheelers from Bajaj Auto include – Pulsar, Platina, CT, Dominar, Avenger as well as Chetak electric scooter.Bajaj Sales Nov 2022Commercial vehicles accounted for 29,226 units sold last month. As opposed to 13,802 units sold a year ago, Bajaj more than doubled its commercial vehicle sales in domestic market at 112% YoY growth. Commercial vehicles exports didn’t reflect the same amount of growth that is witnessed in domestic market.Bajaj Auto Sales Nov 2022In fact, Exports of commercial vehicles dropped from 27,001 in November 2021 to just 15,206 last month. This accounts for a 44% decline in sales YoY. In total, Bajaj’s CV numbers stood at 44,432 vehicles and compared to 40,803 vehicles sold a year before, Bajaj saw 9% YoY growth in CVs.When 2W and CVs are combined, domestic market witnessed a 4% decline and exports saw a 30% decline with numbers standing at 1,52,716 and 1,53,836 units respectively. Bajaj’s total sales stood at 3,06,552, down by 19% YoY when opposed to 3,79,276 units sold a year before.YTD Sales Bajaj AutoBajaj’s YTD analysis is in the green when the domestic market for two-wheelers is concerned. That too by 8% growth YoY with 12,65,173 units in total. Exports saw a dip of 19% YoY, though. In total, 24,70,215 two-wheelers were pushed out of Bajaj’s plant between April to November 2022, down by 7% YoY from numbers registered in 2021.Bajaj Auto Sales YTD FY2022/23CVs in domestic market almost doubled their sales with 93% You growth. While exports fell 36% YoY. Bajaj’s CV sales YTD stood at 3,16,233 units and saw only a 2% YoY growth. In total, Bajaj’s domestic sales YTD stood at 14,42,844, up from 12,66,673 by 14% growth YoY. Total exports fell by 21% though.Bajaj’s total YTD analysis yields 27,86,448 units in 2022. When 2021 figures are taken, there was a 6% YoY decline in Bajaj’s total YTD sales when both domestic and exports are taken into account.  More