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      2024 Yamaha MT15, Fascino, RayZR Launched With New Colours, Graphics

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      2024 Yamaha MT15 V2 – New colour launchedStriking colour options and cosmetic upgrades along with sportier graphics are part of the updates introduced by Yamaha, drawing attention of younger audienceAs the new financial year sets off to a flying start, India Yamaha Motor has introduced new colour schemes and graphics across three of its leading models. As a part of the Call of the Blue campaign, Yamaha has introduced these vibrant colors and visual updates to the MT-15 V2, Fascino and Ray ZR palates, though it does not involve any mechanical alterations.2024 Yamaha MT15 – New ColoursNow adding new colours to the MT-15 V2, Fascino and Ray ZR, each of these three models are among the top selling models in domestic markets in the Yamaha lineup each month. Adding new colour schemes and graphics keen these models alive enticing buyers with some personalized colour options and to continue the company’s strong association with their customers.2024 Yamaha MT15 V2 – New colour launchedSet to draw the attention of a younger segment of buyers with these vibrant colour schemes, MT-15 V2 DLX trim gets a new Cyber Green colour scheme in addition to its existing colours of Dark Matte Blue, Metallic Black, Ice Fluo Vermillion, Racing Blue and Metallic Black.It also gains some graphical revisions while the Japanese automaker has also introduced a hazard function in the MT-15 V2 DLX model so as to indicate to fellow riders to be cautious while riding. This street fighter is priced at Rs 1,72,700 (ex.sh.) and draws its power via a 155cc, liquid cooled, 4 valve engine with 18 hp power and 4.10 Nm torque.2024 Yamaha MT15 V2 – New colour launchedYamaha Ray ZR 125 Fi Hybrid in Cyan BlueYamaha has added Cyan Blue to the colour schemes of Metallic Black, Matte Red, Racing Blue, and Dark Matte Blue on the Ray ZR 125 Fi Hybrid which is now priced at Rs 91,430 for the Disc variant and at Rs 85,030 for the Drum variant (ex.sh.).Yamaha Ray ZR 125 Fi Hybrid in Cyan BlueIt sees no change in its mechanics and continues to draw its power via a 125cc, air cooled, fuel injected engine with Hybrid Power Assist feature. It also gets LED lamps, a digital meter console with Y-Connect Bluetooth, automatic start / stop feature and smart motor generator relating to higher fuel efficiency.Yamaha Fascino 125 Fi Hybrid New Colour SchemesAnother bike in the company’s portfolio to be updated with Yamaha’s new colour schemes is the Fascino 125 Fi Hybrid. Its disc and drum variants get Matte Copper, Metallic White and Cyan Blue, Silver colour schemes added to its existing colours of Dark Matte Blue, Cool Blue Metallic and Vivid Red.2024 Yamaha Fascino – New colour launchedThe Yamaha Fascino 125 Fi Hybrid is powered by a 125 cc air-cooled engine offering 8.2 hp power at 6,500 rpm to offer mileage at 68.75 kmpl. Its Drum and Disc variants are priced at Rs 91,130 and Rs 79,900 respectively (ex-sh).It may be recalled, that earlier this year the company also introduced a new colour scheme on the 2024 Yamaha R25. While it received the Midnight Star Purple colour in Malaysia, this has now been discontinued and replaced with a new Glacier White shade seen across its headlamp cowl, front fender, side fairing and fuel tank while in stark contrast are Cyan graphics. More

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      Ather Rizta Vs Rivals – S1 Pro, 450X, iQube, Chetak, V1 Pro, Simple One

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      Ather Rizta Vs RivalsThe new family-oriented Ather Rizta electric scooter packs up to 3.7 kWh battery promising a range of up to 160 km on a single chargeRizta marked a new direction for electric mobility solutions provider, Ather Energy. This is the first time Ather Energy has forayed into practical family-oriented scooter territory with Rizta. Like other Ather Energy offerings, Rizta promises a robust, over-engineered battery and safe ownership experience. What else does it offer? How do rivals fare? Let’s take a look.Ather Rizta Vs Rivals – Is the price justified?Except for Bajaj, all the other electric scooters quote “effective” ex-showroom prices in different cities with different region-wise subsidies. So, to keep it fair, we took real ex-showroom prices without any subsidies. There’s a reason why we took top-spec S1 Pro Gen 2, Simple One and Vida V1 Pro for this comparison.Pricing is always confusing with Ather scooters. In this sense, Ather Rizta costs between Rs. 1,35,000 and Rs. 1,62,400 (“real” ex-sh) and these prices do not include all the trendy features that Ather announced on stage. To get those features, you need an optional Pro Pack (Rs. 13,000 to Rs. 20,000) which takes Rizta’s pricing between Rs. 1,48,000 and Rs. 1,82,400 (ex-sh). However, Ather does offer something called “Price Benefit” ranging between Rs. 7,401 and Rs. 15,001.So, the quoted price without EMPS for Rizta is between Rs. 1,19,999 and Rs. 1,54,999 (with Pro Pack). Rizta is not Ather’s flagship, but top-spec Z 3.7 kWh variant with Pro Pack costs more than S1 Pro Gen 2 (ex-sh), which is Ola’s flagship offering. With Pro Pack, Rizta costs more than iQube, Chetak, Ola S1 Pro, Simple One and Vida V1 Pro.Ather Rizta Vs Rivals – DimensionsWhere powertrains and range are concerned, Rizta’s 4.3 kW peak power falls short of every other rival, except for 2024 Chetak with 4.2 kW electric motor. If we bring Ola S1 Pro Gen 2 with 11 kW peak power into the equation, Rizta is almost 3 times less powerful and has three times less torque. Powering the motor, Rizta gets either 2.9 kWh or 3.7 kWh battery options. Where battery size is concerned, nothing beats Simple One with a total of 5 kWh capacity.Performance, range and featuresAther Rizta packs a mid-mounted motor driving rear wheels with a belt drive. This setup ensures a smooth and vibe-free riding experience. Only the TVS iQube gets a rear hub motor. Top speed is limited to 80 km/h on the Rizta. This is not bad when compared to 73 km/h, 78 km/h and 80 km/h top speeds of Chetak, iQube and V1 Pro respectively. Ather’s own 450X can do 90 km/h, Simple One can do 105 km/h and Ola S1 pro Gen 2, which costs less than Rizta, can hit 120 km/h.Rizta’s base S trim lacks the TFT dashboard and lacks a larger 3.7 kWh battery pack option altogether. Even the top-spec Z trim lacks rear disc brakes and gets skinnier tyres than Ola S1 Pro. Rizta gets just two riding modes – Zip and SmartEco. Except for iQube and Chetak, other rivals offer more riding modes to ensure a balance between performance and range.Ather Rizta Vs Rivals – SpecsSpeaking of range, Rizta promises a claimed range of up to 160 km. But Simple One takes the cake here with 212 km promised range on a single charge, owing to its larger 5 kWh battery. Ola isn’t far off, with a 195 km claimed range with S1 Pro Gen 2.ConclusionRizta’s marketing elements include longest 900mm seat, optional 22L flexible frunk, pillion backrest and a flat floorboard. Rizta also has a wireless charger under its seat to charge their new Halo helmet (bought separately). If you are among the target demographic of these marketing elements, Rizta makes a lot of sense.Ather Rizta Vs Rivals – FeaturesPeople already in Ather’s ecosystem or buyers smitten by Rizta’s sleek design can go for it too. But if you are looking for VFM products, Ola S1 Pro Gen 2 still takes the crown owing to its customer-centric approach. When compared to Rizta, S1 Pro is 3 times more powerful and torquey, while costing less. There are no optional packs with Ola. So, what you see is what you get, which is always nicer. More

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      April 2024 Week 1 Auto News Roundup – Toyota, Tesla, Skoda, Tata, Lexus, Hyundai, Force, Kia, KTM, Ather

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      Toyota TaisorNew launches, along with Tesla production for India and Hyundai Ioniq 5 getting DL grabbed headlines in first week of April 2024In addition to entirely new products, 2024 facelifts and price hikes were also announced by select OEMs. Spy shots also revealed new details about upcoming products. Here’s a quick roundup of all the exciting news stories and updates from April 01 to April 06, 2024.Ather Rizta launchedAther has launched its new Rizta electric scooter at Rs 1.10 lakh. Rizta is a family-oriented scooter and will rival the likes of Ola S1 X+, TVS iQube and Bajaj Chetak. Battery pack options include a 2.9 kWh and a 3.7 kWh unit. True range is 105 km and 125 km, respectively.Ather Rizta LaunchedTesla starts production for Indian market in GermanyFollowing the government’s announcement of the new EV import policy, Tesla has commenced production of RHD vehicles at its plant in Germany. However, it is not known exactly which model is being produced for the Indian market. Tesla could launch its first product in India later this year.Toyota Taisor launchedA rebadged version of Maruti Fronx, Toyota Taisor is available at a starting price of Rs 7.74 lakh. A total of 5 trims are on offer. Taisor marks Toyota’s re-entry into the highly competitive sub-4-meter UV segment.New Toyota Taisor2024 Renault Captur facelift unveiledRenault Captur 2024 facelift will be available for sale in Europe later this year. The updated model gets a complete exterior refresh, along with new features and powertrain options. Captur was available in India earlier, but was discontinued due to low sales and stricter emission norms.2024 Renault Captur – HybridCitroen celebrates 3rd anniversary with attractive offersFrench carmaker Citroen is celebrating its 3rd anniversary in India. Offers for customers include special pricing for C3 hatch and C3 Aircross SUV. Special Blu limited editions of C3 and eC3 have also been introduced. Existing customers are eligible for referral earnings and a free car spa as well.Lexus NX350h Overtail confirmed for IndiaIn India, Lexus NX350h Overtail is expected to be launched soon. It will take on rivals such as BMW X3, Mercedes-Benz GLC, Audi Q5, Volvo XC60 and Jaguar F-Pace. Lexus NX350h Overtail will come with a price tag of Rs 71.17 lakh. It utilizes a hybrid powertrain.Creta facelift prices hikedHyundai had launched the Creta facelift earlier this year. Prices have been hiked with immediate effect. While price of base variant remains unchanged at Rs 10.99 lakh, all other variants have become costlier in the range of Rs 3,500 to Rs 10,800.Mahindra XUV 3XOMahindra XUV300 is now XUV3X0One of the popular sub-4-meter compact SUVs, Mahindra XUV300 will be getting its facelift version soon. Mahindra has also announced a new XUV 3X0 name for the SUV. This new naming convention is likely to be used for other models as well such as XUV 7X0, XUV 5X0, XUV 1X0, etc.Honda Elevate prices hikedSince its launch, Elevate prices have been increased twice. The first price hike was in January 2024, followed  by the recent price hike in April. Elevate variants have become costlier in the range of Rs 23,000 to Rs 40,000.Maruti production crosses 30 million unitsIt has been a fascinating journey for Maruti, having commenced operations way back in December 1983. Now, after around 40 years, Maruti has achieved the cumulative production milestone of 30 million units. The company continues to dominate, with market share of over 40%.2024 Skoda Superb Re-LaunchedSkoda Superb makes India re-entryProbably based on market feedback, Skoda has reintroduced the Superb executive sedan in India. It will be imported via the CBU route. India gets the 3rd-gen model, whereas Skoda has revealed the 4th-gen model for international markets. Superb goes on sale in India at Rs 54 lakh.Kia 2024 models launchedKia has introduced the 2024 versions of Sonet, Seltos and Carens. There are new variants and prices have also been revised.Force Gurkha Pickup Single CabForce Gurkha pickup spottedIn an interesting development, a 2S Force Gurkha Pickup single cab was spotted on road tests. It is not certain if and when this pickup will be launched. With its off-roading equipment, Force Gurkha Pickup single cab seems to have potential across specific environments and applications.Hyundai Ioniq 5 gets driver’s licenseIn a development that highlights the growing power of AI, machine learning and robotics, a Hyundai Ioniq 5 robotaxi has cleared the driver’s license test in the USA. Hyundai Ioniq 5 robotaxi is a Level 4 autonomous vehicle with several advanced features. More

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      Ather Rizta Launched Starting From Rs. 1.1 Lakh – iQube, Chetak, Ola S1 X+ Rival

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      Ather Rizta Launched In IndiaWhen compared to rivals like iQube, Chetak, Ola S1 X+ and the likes, Ather Rizta launched, promises a robust powertrain and appealing designAt 2024 Ather Community Day event, the electric mobility solutions provider, launched its first-ever family-oriented scooter, Rizta. This practical and appealing scooter is Ather’s most affordable yet priced at Rs. 1.1 lakh (ex-sh). Bookings for Ather Rizta are open and the deliveries are set to commence in June 2024.Ather Rizta Launched Starting From Rs. 1.1 LakhAther’s strategies for navigating Indian electric mobility space have taken a new chapter with Rizta. After catering to younger audiences ever since its inception, Ather Energy is now foraying into family-oriented electric scooters where TVS iQube and Bajaj Chetak have been actively gaining market share.Ather RiztaThe company’s biggest rival is Ola Electric with their slew of S1 electric scooters, Rizta has to compete to the highest level to make a name for itself. At Rs. 1.1 lakh (ex-sh), Rizta is a better proposition than other Ather electric scooters sold under 450 range. The headline Rs. 1.1 lakh is for the base S variant with 2.9 kWh battery and the top-spec Z variant will cost Rs. 1.24 lakh for 2.9 kWh battery and Rs. 1.44 lakh for 3.7 kWh battery variants (all prices ex-sh).While Rizta S gets 3 colour options, Z trim takes the total colours to 7, including 3 monotone and 4 dual tone shades. The new design language is akin to family scooters too. For starters, Ather Rizta has gone with a minimalist approach and has created a modern-looking scooter. Even though it looks slightly inspired by its arch-rival TVS iQube, the overall design and aesthetics have a certain uniqueness that stands out from other electric scooters on sale in India.[embedded content]Rear LED tail lights, the largest seat in India at 900mm long, flat floorboard, rear pillion backrest, 34L under seat storage, 22L optional flexible frunk, wireless charger for Ather Halo helmet and pillion backrest are notable elements. We can see an appealing handlebar panel and front mudguard. Side body panels have minimal creases and look quite soothing.Powertrain and hardwareThe instrumentation is handled by a 7-inch touchscreen infotainment screen that we have seen with 450X and 450 Apex. Initial speculations suggested the same LCD panel as 450S, but that isn’t the case. This cluster runs on AtherStack 6 and supports smartphone integration, notifications, Google Maps, Whatsapp integration and alerts among others.Ather Rizta Under Seat StorageComponentry includes an underbone chassis that is derived from 450’s chassis, RSU telescopic front forks, disc brake at the front and drum brake for rear and 12-inch alloy wheels at both ends shod with MRF rubber. Rizta gets something called Ather Skid control, like a traction control system. Other notable safety features include Fallsafe, ESS (Emergency Stop Signal), Theft & Tow Detect, Find My Scooter and others.Ather Rizta launched, packs a 2.9 kWh battery with base S variant and a larger 3.7 KWh battery for top-spec variant. True Range is 105 km with 2.9 kWh battery and 125 km with 3.7 kWh battery-equipped variants. To regulate power delivery for optimum performance and range, there are Zip and SmartEco riding modes and a top speed of 80 km/h. Features like MagicTwist, AutoHold and reverse mode have been carried over from 450 range.  More

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      Ather Rizta TVC Shoot Images Leaked – Shows Scooter Without Camouflage

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      Ather Rizta TVC ShootUpcoming Ather Rizta TVC shoot images show the family-oriented scooter without camouflage soon to rival Chetak, Ola S1X+, TVS iQube and Vida V1Bengaluru based electric mobility solutions provider, Ather Energy, is prepping to launch its first-ever family-oriented scooter in India. The venue is set for Rizta and will be unveiled at Ather’s Community Day on 6th of April 2024, tomorrow. Ahead of launch, Rizta has been spotted undergoing TVC shoot, showing the bike without any camouflage.Ather Rizta TVC Shoot Images LeakedAfter serving young and enthusiastic scooter buyers with 450 range, Ather Energy has expanded its vision to cater to a much more mature audience. This vision has been materialised starting with Rizta, Ather’s first family-oriented scooter. There could be more variations of this Rizta in the future, like we have 450S, 450X and 450 Apex.Rizta is unlike Ather’s past strategies where it has tried to build a community of thrill seekers and tech enthusiasts. Further influencing an ecosystem for younger audiences. Rizta is set to launch on Ather’s Community Day scheduled on 6th April, 2024 in Bengaluru.Ahead of the official launch, Ather Rizta electric scooter has been spotted without any camouflage for the first time. Automotive enthusiast Nihar Amrute has shared the images of the upcoming Ather Rizta in our Rushlane Spylane Facebook Group. By the looks of it, Rizta seems to be out for a TVC shoot and that’s when these images were papped.Ather Rizta TVC ShootWe can see a clean and uncluttered design with a minimalistic approach. But there is a bulk associated with Rizta that we didn’t see with 450 range of athletic scooters. This bulk is owing to a larger frame that will be far more practical and accommodating than the 450 range. Large ORVMs and large dashboard are notable elements too.In that regard, we can see a large seat that Ather is marketing to the full extent and even set up a giant billboard in Mumbai. Design is iQube-ish, but has its own unique take. We can see sleek rear tail lights, a large grab handle for pillion and a pillion backrest. This backrest is less likely to be a standard fitment.Ather Community Day 2024Powertrain details are not yet out and is likely to feature the same components as 450S, owing to its expected affordable price tag. Ather is demonstrating the safety of their battery by various marketing stints including a 40-feet drop and water wading tests. Among the e-scooter manufacturers, Ather seems to be the one with the safest track record too.Componentry will not be as premium as 450 range. So, the rear disc brake is missing on Rizta and we don’t expect it to feature an aluminium chassis as well. Apart from Rizta launch, Ather’s Community Day will witness the launch of the latest AtherStack OS and a special smart accessory. More

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      Two Wheeler Sales March 2024 – Hero, Honda, TVS, Bajaj, Suzuki, Royal Enfield

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      Honda ActivaHero MotoCorp and Honda continued to lead the segment commanding a combined 51% total market shareIndian’s two-wheeler segment continued to show off a strong performance in March 2024 with positive sales demonstrated both in terms of domestic sales and exports. Taking the leading 6 two wheeler makers into account Hero MotoCorp and Honda lead the segment by significant margins over TVS Motor, Bajaj Auto, Suzuki and Royal Enfield.Two Wheeler Domestic Sales March 2024In domestic markets, sales grew by 15.24 percent YoY to 14,13,152 units, up from 12,26,262 units sold in March 2023. It was however a MoM decline by 2.44 percent over 14,48,479 units sold in February 2024.Once again, leading this list was Hero MotoCorp despite an 8.65 percent YoY dip in sales. Sales fell to 4,59,257 units, down from 5,02,730 units sold in March 2023 relating to a 43,473 unit volume de-growth. It was however a 3.14 percent MoM growth from 4,45,257 units sold in February 2024. Bringing in these sales figures were commuter motorcycles – Splendor, Glamour, Passion. Sales are about to be boosted with the new Xtreme 125R premium motorcycle, the company’s latest addition in the 125cc segment.Honda secured a No. 2 spot with an 81.33 percent YoY growth in domestic sales to 3,58,151 units while its MoM performance lacked lustre with 13.48 percent de-growth over 4,13,967 units sold in February 2024. Honda crossed the 6 crore domestic sales milestone in March 2024 ever since it went solo in 1999. A diverse range of products catering to every need of Indian buyers is what has stood it in good stead.Two Wheeler Sales March 2024 – DomesticTVS also posted an 8.20 percent YoY growth but a 2.61 percent MoM decline to 2,60,532 units. Bajaj Auto and Suzuki have both seen both YoY and MoM growth to 1,83,004 units and 86,164 units respectively. Royal Enfield also ended March 2024 on a promising note with a 10.29 percent YoY growth to 66,044 units while its MoM performance declined by 2.76 percent from 67,922 units sold in February 2024.Two Wheeler Exports March 2024Bajaj Auto saw the highest sales in global markets in March 2024 to 1,30,881 units shipped in the past month, up 38.18 percent over 94,715 units exported in March 2023. MoM exports also improved by 5.42 percent with Bajaj Auto commanding a 43.44 percent share on this export list.TVS exports improved by 25.66 percent YoY but fell by 7.08 percent on a MoM basis to 83,914 units. Hero MotoCorp followed with 31,158 units shipped in the past month relating to an 87.56 percent YoY and 34.57 percent MoM growth. The company also took over from Honda, which was the 3rd best-selling OEM in February 2024 with 44,744 units exported in the said month.Two Wheeler Sales March 2024 – ExportsSuzuki (17,505 units) and Royal Enfield (9,507 units) both posted YoY decline in exports but improved on a MoM basis. Two wheeler exports improved by 31.31 percent YoY to 3,01,269 units while MoM sales fell by 1.06 percent in March 2024.Two Wheeler Total Sales (Domestic + Exports) March 2024Cumulative two wheeler sales for March 2024 reached a total of 17,14,421 units, a 17.77 percent YoY growth from 14,55,700 units sold in March 2023 but a 2.20 percent MoM decline over 17,52,985 units sold in February 2024.Hero MotoCorp headed the list with a total of 4,90,415 units sold in March 2024 relating to a 5.57 percent YoY decline but 4.70 percent MoM growth to command a 28.61 percent share. Showing off outstanding performance was also Honda with a massive 82.31 percent improvement in sales to 3,86,455 units while TVS sold 3,44,446 units both in domestic and export markets last month with 11.99 percent YoY growth but 3.73 percent MoM decline.Two Wheeler Sales March 2024 – TotalBajaj Auto (3,13,885 units) and Suzuki (1,03,669 units) each posted YoY and MoM growth in total sales. Royal Enfield trailed this list with 75,551 units sold last month relating to a 4.59 percent YoY growth but marginal 0.51 percent MoM dip in sales. More

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      TVS Motor Sales March 2024 – Apache, XL, Jupiter, iQube, Raider

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      TVS JupiterAnalysing the TVS Motor sales March 2024 charts, we can see that there was a MoM decline across all the entries, except for 3W Domestic salesOne of India’s leading 2W and 3W manufacturer, TVS Motor, posted an impressive 3,54,592 units total sales in the month of March 2024. The company garnered this sales number across multiple vehicle genres like motorcycles, scooters, e-scooters, mopeds and 3W-wheelers. While the company witnessed commendable YoY growth, there was a slight MoM decline as well.TVS Motor Sales March 2024Breaking the numbers further, we have motorcycles at the top and e-scooters at the bottom. With 1,71,611 motorcycles sold, this genre of vehicles took the top position with 49.82% of TVS’ total sales. Some of the most popular motorcycles from TVS include Apache range, Raider 125, Sport, Radeon, Ronin and more.When compared to the 1,41,250 units sold in March 2023 and the 1,84,023 units sold in February 2024, TVS motorcycles saw 21.49% YoY growth and 6.74% MoM decline. Volume growth YoY stood at 30,361 units and volume loss MoM was 12,412 units.In 2nd place, we have scooters with 38.17% of TVS’ total sales. Sales stood at 1,31,472 units last month and registered a 2.06% YoY growth over 1,28,817 units sold last year and a 0.51% MoM decline over 1,32,152 units sold a month before. Thus leading to volume growth of 2,655 units YoY and losing 680 units MoM. Leading scooters are Jupiter, Ntorq and iQube.TVS Motor Sales March 2024 – YoYWhen we say mopeds, it is the XL 100 range that sold 41,363 units and there was a 10.32% YoY growth and 0.65% MoM decline and accounted for 12% of company’s sales. iQube range of scooters sold 15,250 units and fell into the red completely with a 0.74% YoY decline and a substantial 15.08% MoM decline.Exports & 3W salesTVS sold 2,60,532 2W vehicles in the domestic market and accounted for 75.64% of company’s total 2W sales. 2W domestic sales saw 8.2% YoY growth and a 2.61% MoM decline. Exports took 24.36% of TVS’ total 2W sales with 83,914 units shipped last month and gained 25.66% in sales YoY, but also witnessed a 7.08% MoM decline.Total 2W sales were 3,44,446 units with 11.99% YoY growth as opposed to 3,07,559 units sold a year ago and a 3.73% MoM decline when compared to 3,57,810 units sold a month before. TVS’ 3W sales stood at 2,088 units in domestic market and 8,058 units shipped abroad. 3W domestic saw 56.4% YoY and 1.06% MoM growth, while 3W exports declined by 2.42% YoY and 5.73% MoM.TVS Motor Sales March 2024 – MoMIn total, TVS sold 10,146 3W vehicles in India with 5.76% YoY growth gaining 553 units in volume and 4.41% MoM decline losing 468 units in volume MoM. TVS’ total domestic sales (2W+3W) stood at 2,62,620 units and total exports (2W + 3W) was 91,972 units. When compared to total domestic sales growth of 5.76%, company’s total export growth of 22.57% was more notable.In total (2W + 3W), TVS managed to push 3,54,592 vehicles out of its manufacturing facilities across motorcycles, scooters and mopeds in both domestic and international business. When compared to the 3,17,152 units sold in March 2023 and 3,68,424 units sold in February 2024, TVS witnessed 11.81% YoY growth and 3.75% MoM decline. Volume growth YoY was 37,440 units. More

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      Bajaj Auto Sales March 2024 – 2W and CV Sales Increase YoY and YTD

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      Bajaj ChetakBajaj Auto has posted significant growth both in terms of 2W and CV domestic sales and exports on a YoY basis while YTD exports dipped in both categoriesThe month of March 2024 showed off positive sales for Bajaj Auto Limited with a 25 percent overall growth in sales. Sales increased both for the company’s 2W and CV lineups and also in terms of domestic sales and exports. Sales (Domestic + Exports, PVs + CVs) went up significantly to 3,65,904 units in March 2024, a growth of 25 percent from 2,91,567 units sold in March 2023. It was also a MoM growth from 3,46,662 units sold in February 2024.The two-wheeler maker is set to expand its portfolio with a new bike that is currently doing the test rounds. It is not yet confirmed if it is the Pulsar N125 or Dominar 125 but is surely a commuter bike as it was seen with conventional telescopic forks and disc-drum brake combo.Bajaj Auto Sales March 2024In the two-wheeler segment, Bajaj Auto reported a 20 percent growth in domestic sales to 1,83,004 units. Exports saw an even higher percentage growth of 38 percent to 1,30,881 units shipped in March 2024, up from just 94,715 units exported in March 2023. This took total sales of two-wheelers to 3,13,885 units in March 2024, up 27 percent when compared to 2,47,002 units sold in March 2023.Commercial vehicle sales of the Pune-based Bajaj Auto have seen a 9 percent rise in domestic markets to 37,389 units in March 2024 from 34,235 units sold in March 2023. It was exports that grew exponentially by 42 percent to 14,630 units in the past month from 10,330 units shipped in the same month last year. Thus combining both domestic sales and export figures of CVs, it was an improvement by 17 percent YoY to 52,019 units from 44,565 units sold in March 2023.Bajaj Auto Sales March 2024 – YoYTotal 2W and CV sales, both segments displayed commendable progress but it was exports that showed off higher percentage growth. Domestic sales improved by 18 percent YoY to 2,20,393 units in March 2024 while exports were higher by 39 percent YoY to 1,45,511 units to a total of 3,65,904 units, a growth of 25 percent over 2,91,567 units sold in March 2023 relating to a 74,337 unit volume growth.Bajaj Auto Year-to-Date Sales FiguresTaking into account cumulative year-to-date (YTD) figures, Bajaj Auto showed off a mixed bag during the period April 2023 to March 2024. The two-wheeler major did exceedingly well in terms of 2W and CV domestic sales while exports suffered a setback.Two-wheeler domestic sales surged by 25 percent to 22,50,585 units in the April-March 2024 period when compared to 18,05,883 units sold in the same period of 2023. Exports however, fell by 10 percent to 14,77,338 units in the April-March 2024 period from 16,36,956 units sold in April-March 2023 taking total sales in this segment up 8 percent to 37,27,923 units from 34,42,839 units sold in the same 12 month period of 2023.Bajaj Auto Sales March 2024 – YTDCommercial vehicles also showed significantly higher sales in domestic markets which grew by 54 percent YTD to 4,64,138 units during the April-March 2024 period from 3,00,734 units sold in the same period last year. Global sales, however, dipped 14 percent to 1,58,872 units thus taking total sales up 28 percent to 6,23,010 units in the April to March 2024 period from 4,85,018 units sold in the same period of 2023.Combining both 2W and CV segments, Bajaj Auto showcased a mixed performance in the year-to-date sales for April to March 2024 with domestic sales being higher by 29 percent to 27,14,723 units while exports suffered a 10 percent decline to 16,36,210 units YTD. Cumulative total sales thus improved by a moderate 11 percent to 43,50,933 units in the April to March 2024 period from 39,27,857 units sold in the same period of 2023 relating to a 4,34,076 unit volume growth. More