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      KTM Sales, Exports Jan 2024 – Duke, RC, 125, 200, 250, 390 ADV

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      2024 KTM 390 Duke. Image – Kiran KumarIn January 2024, KTM has posted a YoY growth in total sales while MoM sales fell significantly with every model operating at a lossKTM India has been receiving increased attention in domestic markets in recent months and January 2024 was no different. Total sales (domestic + exports) as reported by KTM India grew to 12,469 units in the past month by 11.34 percent. MoM sales suffered a setback of 19.89 percent when compared to the 15,565 units sold in December 2023.KTM Domestic Sales Show off High Volumes in January 2024KTM India has seen increased domestic demand in the past month with each model in the company lineup posting both YoY and MoM growth. Total domestic sales stood at 5,755 units last month, a 37.12 percent YoY growth over 4,197 units sold in January 2023. It was also a 23.82 percent MoM improvement in sales over the 4,648 units which the company had sold in December 2023.KTM Sales January 2024 – DomesticKTM 200 range commanded the highest attention with a 62.89 percent YoY and 10.61 percent MoM growth to 3,450 units sold in January 2024. This was over 2,113 units and 3,119 units sold in January 2023 and December 2023 respectively. KTM 200 currently commands a 59.95 percent share in the company’s domestic list.At No. 2 was KTM 250 range with 1,217 units sold in January 2024, a 4.02 percent YoY and 40.37 percent MoM growth over 1,170 units and 867 units sold in January 2023 and December 2023 respectively. There was KTM 250 which also saw increased demand last month to 1,217 units while the 390 range had posted sales of 858 units last month, a YoY of 9.02 percent over 787 units sold in January 2023. MoM sales also went up 47.42 percent from 582 units sold in December 2023.KTM Sales January 2024 – DomesticHighest percentage growth in domestic markets was sees in the case of KTM 125 range, sales of which have gone up by 88.52 percent to 230 units in January 2024 from 122 units sold in January 2023 while MoM sales saw an even higher percentage growth by 187.50 percent over just 80 units sold in December 2023.KTM Exports in the Red in January 2024Exports of the company however, fell considerably in January 2024, both on YoY and more significantly on a MoM basis. Exports stood at 6,714 units last month, down 4.11 percent over 7,002 units sold in January 2023. It was a 38.50 percent MoM decline over 10,917 units shipped in December 2023.Global markets saw higher demand for the KTM 390 range with 3,210 units shipped last month, down 26.44 percent YoY and 32.85 percent MoM over 4,364 units and 4,780 units sold in January 2023 and December 2023 respectively. However, there is the new 390 Adventure being readied for launch. It is slated to be unveiled at the 2024 EICMA Show in November, followed by launch in early 2025.  KTM Sales January 2024 – ExportsKTM 125 also posted YoY and MoM decline in exports to 1,731 units. However, it was the KTM 250 and 200 range that has seen outstanding YoY growth. There were 1,054 units of the KTM 250 sold last month relating to a 158.33 percent YoY growth over 408 units sold in January 2023. Global demand for the KTM 200 range also went up by 1611.90 percent from just 42 units sold in January 2023 to 719 units in the past month. Both these models have reported a MoM decline in exports.KTM Sales January 2024 – Total (sales + exports)It was the KTM 200 range (200 Duke and RC 200) that scored at the top of sales list last month with 4,169 units sold in January 2024, up 93.01 percent over 2,160 units sold in January 2023. This was a volume growth of 2,009 units. KTM 390 Adventure and RC 390 followed closely behind with a total of 4,068 units sold last month, but recording both YoY and MoM decline by 21.03 percent and 24.13 percent respectively.KTM Sales January 2024 – Total (Sales + Exports)On the other hand, the 250 range (250 Adventure and 250 Duke) has seen a 43.92 percent YoY growth in total sales to 2,271 units in January 2024 from 1,578 units sold in January 2023 while MoM sales again declined by 12.55 percent from 2,597 units sold in December 2023. KTM 125 range also posted YoY and MoM decline in demand to 1,961 units relating to a 15.11 percent and 23.93 percent de-growth respectively.  More

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      Bounce Electric Scooter Price Cut By Rs 24,000 – New vs Old Price

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      New Bounce Infinity E1 Electric ScooterBounce Infinity’s removable batteries redefine electric vehicle charging, allowing users to charge like a cell phone with any 15 Amp wall socketIts raining discounts for electric scooters. After Ola Electric announced Rs 25,000 off; Bounce Infinity has announced a staggering 21% price reduction on its E1+ range of electric scooters. This significant drop, effective immediately, positions the Bounce Infinity e-Scooters at a newly attractive ex-showroom price of Rs 89,999, down from the original Rs 1,13,000.Make electric mobility accessible to allThis move is aimed at making electric mobility more accessible and affordable for the masses, aligning with the company’s vision of fostering sustainable transportation. The promotional offer is set to create a buzz in the market, enticing consumers with the opportunity to embrace electric mobility without burning a hole in their pockets. The discount is applicable nationwide and will be valid until March 31st, 2024.Bounce E1 Electric ScooterThe distinguishing feature of Bounce Infinity’s e-Scooters lies in their removable batteries, a game-changer in the electric vehicle landscape. These batteries can be charged effortlessly using any 15 Amp wall socket, mimicking the convenience of charging a mobile phone. The scooters are not just about affordability; they boast an array of features including cutting-edge technology, innovative design, and exceptional performance.Anil G, Chief Operating Officer and Co-founder of Bounce Infinity, expressed the company’s commitment to making sustainable transportation accessible to all. “This significant price reduction reflects our dedication to addressing consumer needs for affordability, performance, and ease of use,” said Anil G.Green Revolution Savings“Our scooters offer features like portable batteries and chargers for charging, extended range, and smart connectivity, all at a price point that truly democratises electric mobility. This isn’t just about savings; it’s about empowering everyone to join the green revolution and experience the future of mobility.”Bounce Infinity E1+ e-Scooters are equipped with a 2.2 kW peak power motor, ensuring a top speed of 65 kmph for a safer and more comfortable ride. The two-wheelers also come with 2 kWh lithium-ion NMC batteries, certified according to the latest IAS 156 battery standard, deemed the safest technology for Indian weather conditions. These batteries provide a commendable range of 85 plus km as per IDC standards.With a rapidly expanding network of over 70 dealerships nationwide, Bounce Infinity is strategically positioning itself to support the growing demand for eco-friendly and affordable transport solutions. The company’s focus on innovation, coupled with this price reduction, reinforces its commitment to leading the way in India’s electric mobility revolution. As the offer stands until March 31st, 2024, the time is ripe for consumers to embrace the future of mobility at an unprecedented price point. More

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      2024 Kawasaki Ninja 500 Launch Price Rs 5.24 L – Aprilia RS 457 Rival

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      2024 Kawasaki Ninja 500 LaunchedEquipped with a new 451cc engine, Kawasaki Ninja 500 will work as a replacement to the Ninja 400Kawasaki India has consistently added new products to its portfolio. Last month in January, the company launched the Eliminator 500. And now, the 2024 Ninja 500 has been launched at a starting price of Rs 5.24 lakh.Kawasaki Ninja 500 – What’s new?Overall profile is largely the same for Ninja 400 and Ninja 500. The latter gets a few minor updates such as slimmer dual headlights and slight changes in the fairing design. Exterior colour has changed, with Ninja 500 available in a single colour option of Metallic Spark Black. In comparison, Ninja 400 is available in a single colour option of Lime Green (KRT Edition). The graphics and decals are also different for the two bikes.2024 Kawasaki Ninja 500 LaunchedNinja 500 has a new 451cc, liquid cooled, parallel twin engine that generates 45 PS of max power and 42.6 Nm of peak torque. Ninja 400 has a 399-cc engine that makes 45 PS and 37 Nm. Both engines are paired with a 6-speed gearbox. Users can expect effortless clutch pulls with the assist & slipper clutch.Kawasaki Ninja 500 – specs, featuresKawasaki Ninja 500 utilizes a lightweight trellis frame, ensuring a curb mass of just 171 kg. It also helps achieve a higher power-to-weight ratio. Seat height of the bike is 785 mm, which is great for optimal control and handling. Ninja 500 has a raked windshield, sporty rear-view mirrors, sculpted fuel tank, split seats and upswept exhaust.2024 Kawasaki Ninja 500 SpecsSuspension setup comprises 41 mm telescopic forks at front and a gas-charged monoshock unit at rear. Front and rear disc brakes are 310 mm and 220 mm, respectively. Dual-channel ABS is offered as standard. Wheels are 17-inch at both ends, shod with 110/70 front and 150/60 rear tyres.2024 Kawasaki Ninja 500 LaunchedStandard variant of the Ninja 500 gets an LCD instrument panel, whereas the SE models will have TFT display. With Bluetooth connectivity, users can pair their smartphones to access features such as display alerts, riding stats and community features. Ninja 500 has a relaxed, sporty riding stance, suitable for varied environments and rider sizes.Kawasaki Ninja 500 vs. rivalsKawasaki Ninja 500 will primarily challenge Aprilia RS 457. As compared to Ninja’s 45 PS and 42.6 Nm, Aprilia RS 457 has higher numbers at 48 PS and 43.5 Nm. Aprilia RS 457 is also more accessible, starting at Rs 4.10 lakh. That’s a cost saving of Rs 1.14 lakh. In this price range, one can also consider Yamaha R3 that starts at Rs 4.65 lakh. While Ninja 400 has the same pricing as Ninja 500, the company is currently offering a discount of Rs 40k on the smaller Ninja. Once the old stock is sold out, Ninja 500 will replace the Ninja 400.While the Kawasaki Ninja 500 will be imported as CBU, the Aprilia RS 457 is locally manufactured. Sourcing spare parts can be easier with RS 457. Users going with Aprilia RS 457 will also benefit from additional features such as USD forks, traction control, riding modes and turn-by-turn navigation. More

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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