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      Royal Enfield Sales Nov 2024 At 82,257 Units – 2.5% YoY Growth, 4.17% YTD Growth

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      2024 Royal Enfield Classic 350 DebutsRoyal Enfield saw a 3.86% decline in domestic sales while exports doubled in November 2024
      Royal Enfield, a front runner in the 350cc to 450cc and 650cc motorcycle segments in India, has revealed sales results for November 2024. During the past month, the company has reported sales of 82,257 units. This was a 2.50% YoY growth over 80,251 units sold in Nov 2023.
      Royal Enfield YoY Sales Nov 2024
      The company however, has posted a drastic dip in demand on a MoM basis over 1,10,574 units sold in Oct 2024 which was their highest monthly sales ever. Royal Enfield is set to see even more efficient sales with several new model lineups. The Goan Classic 350 marked its entry into the cruiser bike segment with its launch at the Motoverse in Goa.
      The new RE Bear 650 made its official debut on 5th November. It is underpinned by the same 650 cc platform as the Interceptor 650 with which it also shares its engine and chassis. Last month, the company also introduced the Flying Flea electric motorcycle brand which will launch in early 2026. This will include the classic-inspired FF-C6 and scrambler-styled FF-S6
      Royal Enfield has posted monthly sales of 82,257 motorcycles in November 2024. This was a growth of 2.50% over 80,251 units sold in Nov 2023. This related to a 2,006 unit volume increase. However, its MoM sales dipped significantly from 1,10,574 units sold in Oct 2024. Even as the company commands the 350cc motorcycle segment, sales declined by 4.06% to 71,261 units in Nov 2024.
      Royal Enfield Sales Nov 2024 – YoY
      This was a 3,014 unit volume de-growth from 74,275 units sold in Nov 2023. The 350cc segment currently commands an 86.63% share in the RE portfolio. Motorcycles in the above 350cc segment has seen outstanding demand. Sales improved by 84% YoY to 10,996 units, up from 5,976 units sold in Nov 2023. This was a 5,020 unit volume growth with a 13.37% share.
      Domestic sales went down by 3.86% YoY to 72,236 units from 75,137 units sold in Nov 2024 while exports doubled to 10,021 units in the past month from 5,114 units shipped in Nov 2023. Domestic sales and exports hold am 87.82% and 12.17% share respectively.
      Royal Enfield YTD Sales Nov 2024
      On a year-to-date (YTD) basis, Royal Enfield saw a 4.17% sales growth. Sales (domestic + Exports) during the April to November 2024 grew to 6,47,611 units which was a 25,939 unit volume growth from 6,21,672 units sold during the same 8 month period of 2023.
      Royal Enfield Sales Nov 2024 – YTD
      Sales in the sub 350cc segment suffered a 0.23% decline to 5,55,289 units in FY25 from 5,56,546 units sold in FY24. This was a marginal de-growth by 1,257 units. Sales of motorcycles in the above 350 cc segment surged by 41.76% to 92,322 units over 65,126 units sold in FY24. This related to a volume increase of 27,196 units.
      Improvements were reported both in terms of total domestic sales and exports. Domestic sales were up 2.09% to 5,84,966 units while exports increased by 28.66% to 62,645 units in the FY25 period. More

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      Bajaj Auto Nov 2024 Sales Grows YoY – 4.21 Lakh Units Sold

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      Bajaj Pulsar N125Bajaj Auto sales in Nov 2024 improved by 5% on a YoY basis while YTD sales were up 9%
      Bajaj Auto Limited saw a positive trend across its portfolio in November 2024. Even as domestic sales of both its 2W and CV declined YoY, the company witnessed double digit improvement in its exports thus ending total sales on a positive note. The recently introduced Pulsar N125 has been well received.
      Bajaj Auto 2W, CV YoY Sales – Nov 2024
      Bajaj Auto sales (2W+CV) (Domestic + exports) stood at a total of 4,21,640 units in Nov 2024. This was a 5% YoY growth over 4,03,003 units sold in Nov 2023. Across its two wheeler (2W) segment, domestic sales saw lower demand by 7% to 2,03,611 units. This figure had been significantly higher with 2,18,597 units sold in Nov 2023.
      Exports however saw a hefty 26% YoY growth from 1,30,451 units shipped in Nov 2023 to 1,64,465 units exported last month. This took total 2W sales up by 5% YoY to 3,68,076 units. This was a marked increase from 3,49,048 units sold in Nov 2023.
      Bajaj Auto Sales Nov 2024
      Commercial vehicles (CV) also saw lower demand in domestic markets but a surge in exports. Domestic sales fell by 5% YoY to 37,243 units, down from 39,147 units sold in Nov 2023. Exports on the other hand witnessed a 10% YoY improvement to 16,321 units in the past month, over 14,808 units of Nov 2023. Total CV sales thus stood at 53,564 units, a 1% decline over 53,955 unit sales of the same month last year.
      Taking into account total sales (domestic + exports (2W+CV), Bajaj Auto had 2,40,854 units sold in domestic markets relating to a 7% YoY decline. Exports were up 24% to 1,80,786 units. There had been 1,45,259 units shipped in Nov 2023.
      Bajaj Auto Sales Nov 2024 – YTD
      Bajaj Auto YTD Sales – April-Nov 2024
      Bajaj sales during the period of April to November 2024 saw outstanding increase both in terms of 2W and CVs and in domestic and global markets. Two wheeler domestic sales were up 9% during the 8 month period to 16,78,818 units. There had been 15,45,334 units sold in the same period of 2023.
      Exports were also up 11% to 10,87,755 units a YTD growth from 9,82,771 units sold in the FY24 period taking total 2W sales up by 9%. There were 27,66,573 units sold in the FY25 period, well over 25,28,105 units sold in the FY2024 period.
      CV sales too grew by 4% in domestic markets and 18% in terms of exports. Domestic sales stood at 3,33,199 units in FY25 from 3,21,140 units sold in FY24. Exports on the other hand grew even more significantly to 1,25,135 units during the April to Nov 2024 period from 1,06,306 units sold in the same period last year. Total CV sales thus increased by 7% to 4,58,334 units from 4,27,446 units YTD.
      Improvements across both 2W and CV segments, thus took total domestic sales up 8% on a YTD basis to 20,12,017 units while exports were up 11% to 12,12,890 units. Total sales (domestic + exports) (2W + CV) were at 32,24,907 units in the FY25 period, up from 29,55,551 units sold in the same period of the previous year. More

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      5 New Honda Big Bikes, Scooter India Launch In 2025 – 650cc, 750cc, 1000cc

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      5 New Honda Big Bikes Launch In India Soon – X-ADV ScooterWith the launch of CB 650R, CBR 650R, CB 750 Hornet, CB 1000 Hornet and X-ADV scooter, HMSI will expand its multi-cylinder portfolio
      If we take a look at HMSI’s (Honda Motorcycles and Scooters India Pvt Ltd) multi-cylinder big bike portfolio, we have NX500 ADV, Transalp XL750 ADV and the mighty Gold Wing continental tourer. Honda is now expanding its multi-cylinder portfolio to include 4 new motorcycles and a scooter. Let’s take a look.
      5 New Honda Big Bikes
      HMSI is poised to expand its multi-cylinder portfolio to incorporate high-performance multi-cylinder motorcycles and a scooter. These offerings will have powertrains ranging from 650cc, all the way up to 1000cc.
      Honda CB 650R India Launch in 2025
      CB 650R
      With neo-retro looks, Honda CB 650R is among the most popular of middle-weight Street Fighter motorcycles. Round headlights, muscular fuel tank, quad exhaust pipes and muscular proportions are notable elements. 2025 Honda CB 650R gets an improved instrument cluster as well as all-LED lighting and E-Clutch. 649cc inline 4-cylinder engine makes 82 bhp and 63 Nm, mated to a 6-speed gearbox.
      Honda CBR 650R India Launch in 2025
      CBR 650R
      Fully faired sibling of CB 650, CBR 650R, is also expected to make it to our market in 2025. This will be equipped with the same inline 4-cylinder motor that is capable of 82 bhp and 63 Nm, mated to a 6-speed gearbox and an E-Clutch to prevent stalling. This Supersport boasts excellent corner carving capabilities too.
      Honda CB 750 Hornet India Launch in 2025
      CB 750 Hornet
      Unlike CB 650 and CBR 650, CB 750 Hornet is powered by a parallel-twin SOHC engine that displaces 755cc. This motor is capable of 90.5 bhp of peak power and 75 Nm of peak torque, mated to a 6-speed gearbox. Because of its less complicated engine, it is lighter at 192 kg with excellent performance prospects.
      Honda CB 1000 Hornet India Launch in 2025
      CB 1000 Hornet
      CB 750 Hornet’s Bigger sibling, CB 1000 Hornet, is also expected to launch in India. Powered by a 1,000 cc 4-cylinder engine, CB 1000 Hornet packs 150 bhp of peak power and 104 Nm of peak torque, mated to a 6-speed gearbox. MY25 version gets the 5-inch TFT instrument cluster.
      Honda X-ADV Scooter India Launch in 2025
      X-ADV
      The most interesting multi-cylinder 2W vehicle HMSI has lined up for India, is a scooter. Not just any scooter. It is a Honda X-ADV maxi-scooter powered by a twin-cylinder 745cc engine, mated to a fancy dual-clutch gearbox. This touring maxi scooter develops around 58 bhp of peak power and 69 Nm of peak torque.
      All these offerings will be launched by HMSI in 2025. Exact dates are not confirmed yet. These 2Ws are less likely to be launched at once. Pricing will be according to rivals and other players in their respective displacement classes and segments. These offerings will be sold exclusively through Big Wing dealerships. More

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      TVS Sales Nov 2024 – 2W Sales at 3.92L Units, EV Sales Surge 57%

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      TVS Apache RTR 310TVS witnessed outstanding demand for its 2W EV lineup as its e-scooter registered a growth of 56.67% with sales increasing from 16,782 units in Nov 2023 to 26,292 units in Nov 2024.
      TVS Motor Company, a leading manufacturer of both two and three wheelers, reported improved sales in November 2024 on a YoY basis while its MoM performance showed some constraint. The company reported total sales of 4,01,250 units in Nov 2024, reflecting a 10% increase.
      This was when compared to 3,64,231 units in November 2023 which related to a 37,019 unit volume growth. The company however witnessed lower MoM performance. Total sales (2+3W) (domestic + exports) dipped by 17.95% from 4,89,015 units sold in Oct 2024. This was a volume decline of 87,765 units.
      TVS Sales Nov 2024 – YoY Growth
      Here we breakup sales on a YoY vs MoM basis. It shows that the company performed very well in Nov 2024 when compared to sales of Nov 2023. However, every segment suffered a decline on a MoM basis. Motorcycle sales were up by 4.29% YoY to 1,80,247 units in Nov 2024, a 7,411 unit volume growth over 1,72,836 units sold in Nov 2023.
      Motorcycles command a 45.93% share led by the Jupiter and Raider. 2025 TVS Apache RTR 160 4V was launched in mid-Nov giving it some added sporty appeal. This will allow this sporty track oriented bike to take on its competitors Hero Xtreme 160R, Honda Hornet 2.0 along with the new Pulsar N160 and Pulsar NS160 on a relatively better footing.
      TVS Sales Nov 2024 – YoY
      Scooter sales also grew by 21.94% YoY to 1,65,535 units in Nov 2024. This was up from 1,35,749 units sold in Nov 2023 relating to a 29,786 unit volume growth. Scooters command a 42.18% share in the company lineup. It was the company’s e-scooter segment, that currently consists of the iQube, that saw the highest growth in Nov 2024. Sales were up 56.67% YoY to 26,292 units over 16,782 units sold in the same month last year.
      The XL moped too received added attention from buyers last month. Sales went up by 7.29% to 46,691 units over 43,518 units sold in Nov 2023. This took total 2W domestic sales to 3,05,323 units in Nov 2024, a 6.38% YoY growth from 2,87,017 units sold in the same month last year. Exports of the company too surged by 33.90% YoY to 87,150 units. This along with improved domestic sales took total 2W sales to 3,92,473 units. This was an 11.47% YoY growth from 3,52,103 units sold in Nov 2023.
      3Ws too saw an improved demand in domestic markets by 8.01% to 2,172 units over 2,011 units sold in Nov 2023. However, 3W exports dipped by 34.71% YoY to 6,605 units. Total 3W sales thus suffered a 27.63% decline to 8,777 units in the past month. Growth of 6.39% was seen in total 2+3W domestic sales to 3,07,495 units while total exports went up by 24.67% to 93,755 units.
      TVS Sales Nov 2024 – MoM
      TVS Sales Nov 2024 – MoM Decline
      Month-on-month (MoM) sales of TVS declined across all segments in Nov 2024. Motorcycle sales were down by 21.91% while scooter sales suffered a 14.43% de-growth. E-scooter sales also went down by 10.29 over 29,308 units sold in Oct 2024 while Moped sales dipped by 13.37% when compared to 53,898 unit sales of Oct 2024. This took total 2W domestic sales down 21.81% while 2W exports fell marginally by 0.59% from 87,670 units of the previous month.
      Sales also declined across the 3W segment. It fell by 22.92% in domestic markets from 2,818 units sold in Oct 2024 while exports slipped by 17.83% MoM. Total 3W sales thus suffered a 19.15% MoM de-growth over 10,856 units of Oct 2024 to 8,777 units of Nov 2024. Total domestic (2+3W) fell by 21.82% while total exports suffered a 2.04% MoM decline. More

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      Upcoming Royal Enfield Motorcycles With New 750cc Engine – Himalayan, Interceptor, Conti GT

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      Royal Enfield’s New 750cc EngineTest mules of Himalayan, Interceptor and Continental GT have surfaced online that may be powered by Royal Enfield’s new 750cc engine
      Ever since Royal Enfield unveiled their 650 Twins, (Interceptor 650 and Continental GT 650), the company has redefined multi-cylinder motorcycle segment. That is because Royal Enfield launched them at a jaw-dropping starting price of Rs 2.34 lakh (Ex-sh). Thus re-writing the VFM quotient in the multi-cylinder motorcycle segment.
      Today, the starting price of RE’s 650cc portfolio is Rs 3.02 lakh (Ex-sh) and it still holds the crown for being VFM. But there is a new 750cc powertrain rumoured to be under development and test mules donning the same, are spotted on multiple occasions. Here’s what we can expect out of this new 750cc powertrain.
      Royal Enfield Continental GT750 Spied
      Royal Enfield’s New 750cc Engine
      When Royal Enfield came up with their 650cc lineup, powertrain was the main talking point as it was unlike any Royal Enfield from the recent past. Owing to its twin-cylinder engine architecture, it was substantially smooth and vibe-free, something which couldn’t be said about any of the Royal Enfield offerings of that time.
      Even today, Royal Enfield’s 650cc portfolio is arguably the smoothest and the most vibe-free. This vibe-free character is likely to be a strength of 750cc engine as well. Just like the 650cc mill, this 750cc unit will have a parallel-twin architecture. When compared to V-twin architecture, parallel-twin is cheaper to manufacture and will be priced reasonably.
      Bigger Himalayan Spied : Image – Motorbeam
      There is a good probability that this 750cc motor is a modified version of the current 650cc motor. An increase in displacement could either be in favour of a bigger bore, extracting more power or in favour of a longer stroke, extracting more torque. Both bore and stroke may be increased at the same time as well. Throttle body might be bigger too.
      Updated Interceptor : Image – Overdrive
      Royal Enfield is likely to stick with the relaxed character of the current 650cc engine with oodles of torque in reserve. We can expect an increase in performance with this new 750cc motor. More advanced technology, such as ride-by-wire throttle, could be used for smoother on-off throttle transitions.
      More Stopping Power
      With an increase in performance, there needs to be an increase in stopping power too. Royal Enfield is tackling this with the help of dual disc brakes at the front that should provide more stopping power than what is currently on offer with the 650cc portfolio. Test mules of Himalayan 750, Interceptor 750 and Continental GT 750 all have dual disc brakes.
      Considering Royal Enfield takes a long time in research and development, we can expect the launch of the 750cc portfolio by the end of 2025 and it could even extend to 2026. These 750cc bikes will be global products, rivalling other premium and legacy brands with price competitiveness. More

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      350cc to 450cc Motorcycle Sales Oct 2024 – Royal Enfield, Triumph, Honda, Bajaj, Harley, Aprilia

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      New RE Guerrilla 450 – Gaadi StartThe 350cc to 450cc motorcycle segment in India recorded impressive growth in October 2024, with total sales rising by 26.51% year-on-year (YoY)
      The segment reported sales of 1,14,979 units compared to 90,888 units in October 2023. Dominated by Royal Enfield, the category has shown significant momentum, driven by a mix of established favourites and new entrants. Royal Enfield continues to lead the pack with its Classic 350 emerging as the top seller, clocking 38,297 units, a 20.06% growth YoY. The recently updated Bullet 350 witnessed a remarkable 57.32% YoY growth, with 22,491 units sold, making it the fastest-growing model in the segment.
      350cc to 450cc Motorcycle Sales Oct 2024 – YoY Comparison
      Similarly, the Hunter 350 maintained its popularity with 21,350 units, reflecting a 20.40% increase over the same period last year. The Meteor 350 also contributed with steady sales of 11,136 units, registering a modest 9.81% growth. Additionally, Royal Enfield’s newest entrant, the Guerrilla 450 registered sales of 1,584 units, further strengthening the brand’s hold in the market.
      350cc to 450cc Motorcycle Sales Oct 2024 – YoY Comparison
      Jawa Yezdi brands under Classic Legends recorded robust growth of 50.58% YoY, with sales of 4,180 units. Triumph’s entry into the segment with the 400 model also performed well, achieving sales of 4,005 units, reflecting a 17.52% growth. On the other hand, Honda had a mixed performance. While the H’Ness 350 experienced a slight dip of 3.88%, selling 2,771 units, the new CB 350 registered 1,838 units sold, highlighting Honda’s potential to expand its footprint in this segment.
      Harley-Davidson’s X440, which had shown promise earlier, saw a decline of 11.82% YoY with sales of 2,200 units. Among the new entrants, the Aprilia RS 457 managed to record 351 units, while the Hero Mavrick began with 196 units. However, some models faced challenges, such as the KTM 390, which saw a significant decline of 67.37% YoY, selling just 513 units compared to 1,572 units a year ago. Bajaj Dominar 400 also posted a decline of 29.17%, while the Husqvarna 401 registered sales of 46 units. The Ninja/Eliminator 400 struggled with only 7 units sold, marking an 85.42% drop YoY.
      350cc to 450cc Motorcycle Sales Oct 2024 – MoM Comparison
      350cc to 450cc Motorcycle Sales Oct 2024 – MoM Comparison
      Following the year-on-year analysis, a month-on-month (MoM) comparison of the 350cc to 450cc motorcycle segment in October 2024 further highlights the dynamic growth of this market. Total MoM sales surged by 27.95%, with 1,14,979 units sold in October compared to 89,865 units in September 2024. This impressive growth can be attributed to increased consumer enthusiasm during the festive season and the strong performance of key models.
      Royal Enfield continued its market dominance with robust MoM growth across most of its lineup. The Classic 350, the segment leader, recorded a 15.82% increase, selling 38,297 units. The updated Bullet 350 saw an exceptional 74.34% rise in sales, with 22,491 units sold compared to 12,901 in September. The Hunter 350 grew by 22.66%, while the Meteor 350 achieved a 28.52% rise in sales, reflecting strong demand across Royal Enfield’s portfolio. However, the Guerrilla 450 experienced a slight dip, with sales down by 4.41% compared to the previous month.
      Jawa Yezdi’s performance was particularly noteworthy, nearly doubling its sales MoM to 4,180 units, a remarkable 96.71% growth. Triumph’s 400cc model also posted a healthy 17.41% increase with 4,005 units sold. Honda’s H’Ness 350 and CB 350 both showed strong growth, with sales increasing by 35.30% and 47.99%, respectively. Harley-Davidson X440, despite earlier challenges, saw sales climb by 52.57% to 2,200 units, while the Royal Enfield Himalayan grew by 21.22%, registering 2,199 units.
      Among newer entrants, the Aprilia RS 457 continued to gain traction, with a 31.46% MoM growth, selling 351 units. Hero Mavrick and Husqvarna 401 also posted growth figures of 15.98% and 24.32%, respectively. Even Kawasaki’s Ninja/Eliminator 400, though in small numbers, saw a 40% increase in sales MoM. On the flip side, Bajaj Pulsar 400 and Dominar 400 struggled, with sales dropping by 37.70% and 37.91%, respectively. KTM 390 also witnessed a 26.19% decline in sales, reflecting challenges for these models amidst increasing competition. More

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      Honda Sales Breakup Oct 2024 – Activa, Shine, Dio, Unicorn, Dream, Hornet, CB 350

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      Honda CB 350Honda two wheeler domestic sales grew by double digits to 5.53 lakh units with best-seller Activa commanding a 48% share
      Honda Motorcycle & Scooter India (HMSI) reported robust sales growth in October 2024. The company sold 5,53,120 units in the said month, a 19.53% YoY growth from 4,62,747 units sold in the same month last year. It was also a marginal 3.12% MoM improvement from 5,36,391 units sold in Sep 2024. A healthy lineup of 16 models across various segments had held the company in good stead.
      Honda 2W Domestic Sales Oct 2024
      Honda Activa was once again the highest selling model in the company lineup in Oct 2024. Sales stood at 2,66,806 units, a 21.91% YoY growth from 2,18,856 units sold in Oct 2023. This related to a 47,950 unit volume growth with the Activa scooter commanding a 48.24% share on this list. Activa sales also improved albeit marginally on a MoM basis by 1.71% over 2,62,316 units sold in Sep 2024. With the new Honda Activa electric on the horizon, sales will be further augmented in the months ahead.
      Honda 2W Sales Oct 2024 – YoY Comparison
      Honda Shine 125+SP125 also showed off positive sales growth last month. Sales were up 20.22% YoY and 3.25% MoM to 1,58,471 units. This was well over 1,31,816 units and 1,54,476 units sold in Oct 2023 and Sep 2024 respectively. Shine 100 was also high in demand with 37,817 unit sales with double digit YoY and MoM growth at 19.03% and 33.35%.
      Sales of the Honda Dio improved by 2.45% YoY to 33,179 units while its MoM sales suffered a 6.19% setback when compared to 35,370 units sold in Sep 2024. Honda Unicorn, at No. 10 on the list of best-selling motorcycles in India in Oct 2024, featured at No. 5 on this list with 31,768 unit sales. It also showed off a 1.32% MoM growth from 31,353 unit sales of Sep 2024.
      Honda 2W Sales Oct 2024 – MoM Comparison
      Honda suffered lower YoY sales for the Dream (8,511 units), SP160 (5,274 units), Livo (3,774 units) and Hness (2,771 units). Of these, the SP160 and Livo also saw its MoM sales decline quite significantly. Hness sales on the other hand rebounded with a 35.30% MoM growth.
      Honda CB Sales Oct 2024
      With 1,838 units of the Honda CB350 sold last month, demand improved by 47.99% MoM over 1,242 units sold in Sep 2024. Hornet 2.0 sales declined to 1,259 units suffering a 65.51% YoY and 27.97% MoM decline. The CB range also includes the CB200X, CB300 and CB500. CB200X sales declined to 987 units, a 45.47% YoY degrowth while it was an 11.15% MoM improvement.
      CB300 saw 17.47% higher sales on a YoY basis to 511 units while it reported a massive 546.84% MoM growth. The CB500 had 133 units sold last month relating to a 923.08% MoM improvement from just 13 units sold in Sep 2024. In the 500cc range, the company is also working on a new GB500 in the middle weight motorcycle segment. It is headed for a Europe launch with plans to bring this bike to Indian markets sometime in 2026.
      Honda also has the XL750 and GL1800 in its portfolio with 18 units and 3 units sold respectively in Oct 2024. The XL750 suffered a 57.14% MoM decline. However, the Honda Gold Wing GL1800 saw a 62.50% YoY decline from 8 units sold in Oct 2023 but a 200% MoM growth over just 1 unit sold in Sep 2024. More

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      Bajaj Sales Breakup October 2024 – Pulsar, Platina, Chetak, Dominar

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      Bajaj Pulsar NS : Image – Chassis No 9Bajaj Pulsar N125, the most recent launch, will boost sales as it takes on a prominent position in the sporty 125cc category
      Bajaj Auto Limited has suffered a year-on-year (YoY) and month-on-month (MoM) de-growth in October 2024. The festive season failed to stir up sales for the two wheeler major. Sales were adversely impacted, bogged down by various challenges in the domestic market and lower consumer demand.
      Bajaj Auto domestic sales dipped by 7.11% YoY and 58.77% MoM to 2,45,421 units in Oct 2024. There had been 2,64,198 units sold in Oct 2023 which related to an 18,777 unit volume de-growth. Sales had also stood at 2,47,118 units in Sep 2024 causing a very marginal MoM decline by 0.69%.
      Bajaj Domestic Sales Oct 2024 – Pulsar at No. 1
      Bajaj Pulsar once again topped sales charts by a huge margin even as its sales declined heavily. Pulsar sales stood at 1,11,834 units last month, a 30.78% YoY de-growth from 1,61,572 units sold in Oct 2023. This was a 49,738 unit volume decline with the Pulsar commanding a 45.57% share. MoM sales also fell by 19.62% over 1,39,128 units sold in Sep 2024.
      In the Pulsar range it was the 125cc model that commanded the most attention with 68,511 units sold last month while Pulsar 150cc had 21,438 units. Its 200cc counterpart had 14,898 unit sales in the past month along with 5,665 units of Pulsar 250cc. Each category saw sales decline heavily. The new Pulsar N125, launched could cause quite a stir in its segment as it takes on TVS Raider and Hero Xtreme 125R in this sporty 125cc category.
      Bajaj Sales Breakup October 2024 – YoY
      Bajaj Platina, another a relatively top seller in the company portfolio, also saw its sales decline to 61,689 units in Oct 2024. This was down by 17.24% over 74,539 units sold in the same month last year. It however, experienced a 23.94% MoM growth over 49,774 unit sales of Sep 2024.
      Rising demand has been seen in the case of the Bajaj Chetak electric scooter which was also the 3rd best-selling electric scooter in the country. Chetak sales went up by 152.48% YoY and 7.49% MoM to 30,644 units. There had been 12,137 units sold in Oct 2023 and 28,517 units sold in Sep 2024 with the Chetak currently commanding a 12.49% on the sales list.
      The relatively new Freedom CNG bike accounted for sales of 30,051 units in Oct 2024. This was a 53.02% Mom growth from 19,639 units sold in Sep 2024. The new Freedom, launched in July 2024, has been well received. This first-ever mass-market CNG motorcycle delivers 100 km/kg in CNG and 65 km/l in petrol model to a total range of 330 kms.
      Bajaj Sales Breakup October 2024 – MoM
      Bajaj CT, Avenger, Dominar – Sales Decline YoY
      Bajaj CT, Avenger and Dominar have been facing lack luster sales in recent months. CT sales declined by 28.46% YoY to 8,503 units in Oct 2024, down from 11,886 units sold in the same month last year. It however, did see a 33.05% MoM growth over 6,391 unit sales of Sep 2024.
      Bajaj Avenger suffered a 37.93% YoY and 28.77% MoM decline in demand in domestic markets. Sales fell to 1,651 units. The Dominar, offered in 250cc and 400cc, too suffered double digit de-growth to 1,049 units in Oct 2024, down by 25.28% YoY and 22.35% MoM. More