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      Yamaha Sales Breakup October 2023 – FZ, RayZR, R15, Fascino

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      Image – EIMOR CustomsYamaha’s domestic sales increased significantly in October 2023 with most models showcasing double digit growthYamaha Motor India has revealed their sales performance for October 2023. During the past month, the company has recorded outstanding growth in domestic markets. Exports fell on a YoY basis but made up in terms of MoM sales. Yamaha now gears up for launch of the new R3 and MT03 on 15th December 2023. They will be sold exclusively via the company’s Blue Square dealershipsYamaha Sales Oct 2023 – Domestic MarketTotal sales (domestic + exports) stood at 87,869 units. In terms of domestic sales, the company saw a total of 67,784 units sold last month, up 14.53 percent from 59,187 units sold in October 2022. MoM sales also grew by 5.61 percent from 64,182 units sold in September 2023.In domestic markets, it was the Yamaha FZ that was at the top of sales charts. It saw 18,000 units sold, down 11.94 percent YoY from 20,440 units sold in October 2023. The FZ commands a 26.55 percent share of the company portfolio. MoM sales were more positive with a 21.03 percent growth from 14,872 units sold in September 2023. The Yamaha FZ was also at No. 3 on the list of top 10 150-200cc motorcycles sold last month after the Bajaj Pulsar and YVS Apache.At No. 2 was Yamaha RayZR, making it the company’s highest-selling scooter with 13,870 units sold in October 2023. Sales increased by 18.72 percent over 11,683 units sold in October 2022. MoM sales however, dipped by 12.79 percent as there had been 15,904 units sold in September 2023.Yamaha Sales October 2023 – DomesticYoY and MoM growth was reported for the Yamaha R15, sales of which stood at 12,964 units last month. It was a 61.30 percent YoY and 16.47 percent MoM growth from 8,037 units and 11,131 units sold in October 2022 and September 2023 respectively.There was also the Fascino that saw sales cross the 10,000 unit mark last month to 11,610 units, up 10.56 percent YoY from 10,501 units sold in October 202. MoM sales however, fell by 3.36 percent from 12,014 units sold in September 2023. The domestic sales list also included 8,736 units of the Yamaha MT15 and 2,604 units of Aerox.Yamaha Exports headed by FZ and RayZRExports fell to 20,085 units in October 2023, down 8.52 percent from 21,956 units shipped in October 2022. MoM exports, however, showed more positive results with a 5.57 percent growth from 19,026 units exported in September 2023.Yamaha Sales October 2023 – ExportsIt was the Yamaha FZ that also led the company export list despite a YoY and MoM decline. Exports dipped to 9,116 units last month, down 15.08 percent from 10,735 units sold in October 2022. MoM exports also fell by 4.54 percent from 9,550 units sold in September 2023. The FZ currently commands a 45.39 percent share on the Yamaha export list.RayZR followed with 3,191 units shipped last month, an 81.41 percent growth from 1,756 units sold in October 2022. MoM exports also grew albeit marginally by 1.88 percent from 3,132 units sold in September 2023. It was the SalutoRX that came in next with 2,922 units exported last month with a 35.09 percent MoM growth.It was followed by the Saluto which recorded a 236.67 percent YoY growth to 2,020 units, up from just 600 units exported in October 2022. MoM exports dipped 11.25 percent from 2,276 units shipped in September 2023. The export list also had MT15 (1,190 units), SZ (660 units), FZ25 (482 units) and R15 (302 units) out of which it was only the MT15 that posted YoY growth.However, on a MoM basis, each of these models saw exports increase significantly. Yamaha Alpha exports were at 112 units while the Fascino dipped 61.21 percent MoM to 90 units from 232 units sold in September 2023. More

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      Gogoro CrossOver Launch In December – Company’s 1st Scooter In India

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      Gogoro CrossOverProduction of Gogoro’s first electric scooter for India has commenced at the company’s plant in AurangabadAfter a long wait, Gogoro has finally revealed its plans for Indian market. While there are many options available in its home market Taiwan, the company has chosen to start its innings in India with the Gogoro CrossOver. Unveiled in October, the CrossOver is the newest scooter to be added to Gogoro’s international portfolio.Gogoro CrossOver production begins in IndiaPost the launch in December, sales of Gogoro CrossOver are expected to commence in early 2024. Initially, much of the production will fulfil the needs of B2B partners. Gogoro has tie-ups with companies like Zomato and Swiggy. The CrossOver will also be supplied to Zypp Electric, an EV-only delivery firm.At a later stage, Gogoro will also target the commuter segment with newer variants of the CrossOver. The company has committed investments worth  $1.5 billion (approx. Rs 12,300 crore) in Maharashtra. The design of the scooter reveals that it is a versatile machine, capable of carrying a lot of cargo. Gogoro CrossOver utilizes a steel tubular frame.With a wheelbase of 1,400 mm, it is longer than any other Gogoro scooter in production. It can carry cargo at the rear, in the floorboard area and at the front. The protruding LED headlight at front is topped with a metal bracket. It can be used to install a rack at the front. The flat floorboard area is pretty big and can carry a significant amount of cargo.Gogoro CrossOver Production In Aurangabad, India – CarandbikeFor mounting cargo at rear, Gogoro is likely to offer optional accessories such as luggage racks, panniers and top cases. In its stock form, the scooter has a foldable pillion seat. While making space for cargo, it doubles up as a backrest for the rider. The pillion seat can also be removed completely to accommodate extra-large cargo items.Gogoro CrossOver specs, performanceSuspension setup of Gogoro CrossOver comprises telescopic front forks and dual rear shock absorbers. The scooter has 12-inch wheels. Braking duties are performed by 220 mm front and 180 mm rear disc brakes. The scooter has ground clearance of 142 mm and weighs 126 kg with the batteries included.There are two battery packs, weighing around 10 kg each. The batteries are swappable units, with Gogoro promising a superfast 6-second swapping time. This will allow gig workers to optimize their work hours and boost profitability with maximum uptime. The powertrain to be used for CrossOver in India is yet to be revealed. Across international markets, Gogoro CrossOver utilizes a liquid-cooled motor that generates 7 kW (9.51 PS) of max power and 26.6 Nm of peak torque.Gogoro CrossOver UtilityIt remains to be seen if private buyers will be offered this same configuration. For B2B segment, each of the battery packs could be of 1.6 kWh capacity. The B2B variant will have a less powerful motor, generating around 3 kW (4 PS). Top speed could be around 60-65 kmph, whereas range will be close to 100 km on a full charge.Gogoro has chosen to maximize use of locally sourced components. This will help achieve a lower price point for its scooters in India. Ownership cost can be further reduced by offering recharged batteries as a service. Gogoro will also be working to expand its network of battery-swapping stations. As of now, the company has partnered with Hindustan Petroleum Corporation Limited (HPCL) to host its battery-swapping stations.Source More

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      Is The New Honda CB350 Classic Enough To Take On Classic 350?

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      New Honda CB350 Vs Classic 350When compared to Royal Enfield Classic 350, Honda CB350 Classic offers more of almost everything including performance and featuresA great man once said, ‘If you can’t beat Royal Enfield Classic 350, looking like one does the trick’. Okay. I said that in Honda CB350 launch post (greatness is debatable, though). But fact of the matter is that Honda is hell-bent on blowing a lethal strike on Royal Enfield Classic 350. Is CB350 Classic that strike? Has Honda cracked the equation, this time around?Honda CB350 is Classic Enough to take on Classic 350The answers to aforementioned questions are pretty simple. Yes, and Yes. Honda’s new CB350 (not H’ness or RS) is the company’s biggest punch to Royal Enfield Classic 350. Honda has gone full regalia in carving out a good-looking motorcycle that leans towards timeless aesthetics and design attributes that Classic 350 dwells in.Result of which, Honda CB350 looks like a Classic 350, in more ways than one. Are we complaining, though? Not really. I personally know a person who sold his pristine BS6 Suzuki Gixxer SF 250 MotoGP Edition in favour of a Honda CB350 H’ness. CB350 is a fantastic product with refinement, comfort, superior equipment and kit than any RE 350.But it just didn’t look classic and timeless enough to make a dent in Classic 350’s lion’s share in 350cc retro motorcycles. Honda threw Legacy Edition, New Hue Edition, Comfort Custom, Tourer Custom, Cafe Racer Custom, Solo Carrier Custom and SUV Custom at CB350 to see what sticks. These may not have stuck well to Honda’s liking.Honda CB350 Vs Classic 350 – Fuel TankNow we get the timeless Honda CB350 which is by far the best-looking Royal Enfield rival ever launched in India. Classic bike buyers often throw spec sheets, brochures and logic out of the window when choosing their travel companion. It is all an emotional connection. Honda CB350 has the sauce with right ingredients (classic, retro and timeless) to stir emotions of this demographic.What extras does CB350 have over Classic 350?The number of changes that Honda has done to CB350 to infuse more timeless appeal are uncanny. Starting with fuel tank with tear drop effect and tank pad, front RSU telescopic forks now get shrouds, side body panels are new, seat looks properly retro, front and rear mudguards are redesigned with old-school charm, grab rail is vintage and exhaust is now straighter.With these timeless design attributes, Honda intends to win Royal Enfield buyers. The Honda brand name, new classic design, superior hardware and competitive pricing should work in favour of new CB350 Classic. Even though classic bike buyers don’t really care about spec sheets and equipment, it is to be noted that Honda offers more.Honda CB350 Vs Classic 350 – Fork ShroudsWhat more? How much more? More of almost everything. For starters, Honda offers more performance on paper – 20.7 bhp and 29.4 Nm as opposed to Classic 350’s 20.2 bhp and 27 Nm. CB350 has a 15.2L fuel tank as opposed to Classic’s 13L. Cherry on top, is that Honda CB350 Classic weighs less too, at 187 kg, as opposed to 195 kg of Classic 350.Honda offers traction control system, slip and assist clutch, LED headlights, LED turn indicators, LED tail lights, fancier instrument cluster, fatter 130-section rear tyre, alloy wheels as standard and more. None of these are offered with Classic 350. Saving grace for Classic 350 is its Tripper screen, which is optional and not standard.Honda CB350 Vs Classic 350 – FrontWhere pricing is concerned, Honda CB350 costs Rs. 2 lakh for DLX and 2.19 lakh for DLX Pro. Classic 350 prices range between Rs. 1.93 lakh and Rs. 2.25 lakh (all prices ex-sh). Honda has done the homework properly and has gone back to the drawing board with CB350 Classic and this is a really commendable move. More

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      Top 150cc To 200cc Motorcycles October 2023 – Pulsar, Apache, FZ, Unicorn, R15

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      Image – MRD VlogsWith a plethora of options available, the 150-200cc motorcycle segment captures a significant portion of Indian two-wheeler marketThe 150-200cc motorcycle segment far exceeds sales as compared to other segments be it the bub-150cc or the 200-500cc segments. Bikes in this segment strike a balance between performance, fuel efficiency and style. Prominent manufacturers in this segment include Bajaj Auto, TVS Motor, Yamaha, Hero MotoCorp and Honda while Suzuki and Kawasaki also offer a few models.Top 150cc To 200cc Motorcycles – Pulsar has 32% market shareAfter covering top 10 motorcycle sales in October 2023, we now talk about sales exclusively in the 150-200cc segment in October 2023. There has been a marginal YoY growth of 0.77 percent to 1,80,417 units, up from 1,79,043 units sold in October 2022. This was a 1,374 unit volume growth with most models showing off a YoY sales growth. It was also a MoM growth over 1,51,282 units sold in September 2023.Bajaj Pulsars are the most popular among this bunch taking top position. Sales improved by 15.81 percent to 57,198 units in October 2023, up from 49,389 units sold in October 2022. This was a 7,809 unit volume growth with a 31.70 percent market share among top 150cc to 200cc motorcycle segment.It was followed by the TVS Apache lineup with 39,187 units sold last month, down 4.39 percent when compared to 40,988 units sold in October 2022. The TVS Apache lost 1,801 units in volume YoY and currently commands a 21.72 percent share on this list.Top 150cc to 200cc motorcycles October 2023YoY sales of Yamaha FZ also fell by 11.94 percent to 18,000 units last month, down from 20,440 units sold in October 2022. Sales almost halved with the Honda Unicorn which fell by a massive 48.72 percent to 16,404 units last month from 31,986 units sold in the same month last year. Losing 15,582 units in volume YoY.Yamaha R15 and MT-15 saw positive YoY growthAlso from Yamaha was the R15 with 12,964 units sold last month up 22.99 percent from 10,541 units sold in October 2022. The MT15 followed with 8,736 units sold in October 2023, up 8.70 percent from 8,037 units sold in October 2022.Launched in August 2023, the Honda SP160 has made its way to this list with 8,014 units sold last month to command a 4.44 percent share in this segment. The Honda SP160 was launched in place of the X-Blade which has now been discontinued.Hero Xtreme 160R/200 has seen lower YoY sales by 13.61 percent to 4,461 units, down from 5,164 units sold in October 2022. It was followed by the Honda Hornet 2.0 which has seen outstanding sales growth by 176.52 percent to 3,650 units in the past month from 1,320 units sold in October 2022.KTM 200 and Hero Xpulse 200 face sales constraintsSales of the KTM200 dipped by 15.27 percent YoY to 3,391 units in October 2023, down from 4,002 units sold in October 2022. It was also a YoY de-growth for the Hero Xpulse 200 which fell by 12.62 percent to 2,597 units in the past month from 2,972 units sold in October 2022.Bajaj Avenger sales were up 20.86 percent to 1,993 units from 1,649 units on a YoY basis while Suzuki Gixxer also reported outstanding growth of 104.72 percent to 1,953 units last month.The 2023 Honda CB200X, launched in September 2023 saw sales growth of 990.36 percent YoY to 1,810 units from just 166 units of the older version sold in October 2022. The 2023 Honda CB200X comes in with new graphics, improved features, a revised diamond frame and better suspension while the engine is now OBD-II compliant for real-time diagnostics complying with BS6 P2 emission norms.The top 10 list of 150-200cc motorcycles also included the Kawasaki W175 with 59 units sold last month. It was also launched in September 2023 and is offered in two colour options of Ebony and Special Edition Red priced at Rs 1.47 lakh (ex-showroom). More

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      Yamaha R3 And MT-03 Launch Date Confirmed – T-minus 25 Days

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      Image for referenceYamaha R3, MT-03 will be available across 100 cities and sold exclusively through select Blue Square dealershipsAfter a long period of selling a 150cc motorcycle as its flagship, Yamaha is launching YFZ-R3 and MT-03 in India. More middle-weights may launch too, in the form of YZF-R7, MT-07 and Yamaha’s Tripple, MT-09. Yamaha has revealed the launch dates for R3 and MT-03. The bikes are scheduled to debut in India on December 15. Deliveries will commence soon after.Yamaha R3, MT-03 India launchThe multi-cylinder 300cc to 500cc motorcycle segment has been registering strong growth in recent years. With significant future potential, it’s natural for Yamaha to throw its hat into the ring. While MT-03 will be an entirely new product for India, R3 will be a relaunch. As may be recalled, fully faired Yamaha YZF-R3 was available in India in BS4 era. The Indian motorcycle market has evolved since then, in a way that presents significant opportunities for R3 and MT-03.To ensure a premium customer experience, Yamaha R3 and MT-03 will be sold exclusively via select Blue Square dealerships as disclosed before. Deliveries will commence in the same month, following the launch on December 15. Deliveries will be made in more than 100 cities across the country.Yamaha R3, MT-03 specs, performanceBoth R3 and MT-03 share the same 321 cc, liquid cooled, parallel twin-cylinder, DOHC engine. It generates 42 PS of max power and 29.5 Nm of peak torque. The engine is mated to a 6-speed constant mesh transmission. Performance is further improved, as Yamaha R3 and MT-03 utilize a lightweight chassis.Yamaha R3 expected coloursBoth bikes have a diamond frame and will be getting USD forks at front and a mono-shock unit at the rear. Braking setup will have disc brakes at both ends, with dual-channel ABS as standard. R3 and MT-03 will have a multi-function digital instrument console. Users can access a range of information such as fuel capacity, gear position, clock, oil change indicator, water temp gauge, real-time and average fuel economy and trip meter.The screen has a simple UI that ensures easy readability and comprehension. The console has Bluetooth connectivity, which can be used to access more features and functions via Yamaha’s smartphone app. No navigation, though.CBU route means premium pricingIn the initial phase, Yamaha will be importing R3 and MT-03 as CBUs. Due to import duty, these bikes won’t have the cost advantage that Yamaha’s mainstream bikes have. It is possible that the CKD route can be considered at a later date based on demand. Pricing for R3 and MT-03 could be more than the respective offerings from KTM and Royal Enfield 650s.2023 Yamaha R3 New ColourPrimary rival for R3 is the upcoming locally manufactured Aprilia RS 457 and KTM RC 390 to some extent. While MT-03 doesn’t have direct comparable rivals, but will take on new KTM 390 Duke. Even though premium Yamaha products are generally not considered VFM, they should give Kawasaki offerings like Ninja 400, a run for their money. For context, Ninja 400 starts at Rs 5.24 lakh (ex-sh). More

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      Husqvarna Vitpilen 250 Spied Testing – Componentry From New 250 Duke

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      New Husqvarna Vitpilen 250The new 249cc single-cylinder engine on Husqvarna Vitpilen 250 can generate similar numbers like 31 PS and 25 Nm as its KTM counterpart 250 DukeBajaj Auto, leading Indian 2W and 3W manufacturer is currently making premium single-cylinder motorcycles for three major legacy brands. While KTM and Triumph have seen much success, Swedish Husqvarna, not so much. There seems to be an attempt to reincarnate the brand in India by bringing it in line with new KTM 250 Duke.Husqvarna Vitpilen 250 Spied TestingNew KTM 250 Duke borrows all the good bits from new 390 Duke, except for its engine. We’re talking about all the new and improved hardware and componentry that new 390 Duke packs that make it such a blast to ride. The same componentry is now being passed on to upcoming Husqvarna Vitpilen 250.For starters, Husqvarna is keeping the whole Swedish minimalist design ethos alive with upcoming Vitpilen 250. Which is a good thing for all the folks that are turned off by KTM’s wild designs. The muscular fuel tank has neat clean lines radiating neo-retro appeal along with all the body panels.Main frame seems to be shared with KTM counterparts, while subframe is all new. Rear seat is flatter and seems to have more room for a pillion along with a prominent old-school grab rail. Tail section is new and now houses tail lights, turn indicators and a number plate that is in rear mudguard with current model.New Husqvarna Vitpilen 250 profileAlloy wheels are new and so are the braking components. Banana-shaped swingarm, single-sided mono-shock rear suspension setup is identical to that of 250 Duke. Front suspension setup is handled by USD telescopic forks as before and front brake setup seems to be slightly different when compared to 250 Duke.The new powertrain from 2024 KTM 250 DukeHeadlights seem to be new and there may be a new circular instrument cluster too. Husqvarna Svartpilen will get the same updates too along with a tank rack, taller handlebar, upright ergonomics, black pattern tyres and maybe even wire-spoke wheels. We hope there is Bluetooth connectivity for navigation, USB-C cable and other features too.Where powertrain is concerned, this new unit looks identical to KTM 250 Duke. Even the exhaust routing and underbelly end can are identical. Upcoming Husqvarna Vitpilen 250 and Svartpilen 250 will be powered by the same 249cc single-cylinder DOHC 4V engine from 250 Duke. In KTM 250cc bikes, this engine generates 31 PS of peak power and 25 Nm of peak torque.New KTM Duke 250 LaunchSame figures could pass on to Husqies or get a new engine tune altogether. 6-speed gearbox, with a quick-shifter, ride-by-wire, larger air box, Dual-channel ABS and other attributes are likely to be on offer too. We hope the pricing is under Rs. 2 lakh (ex-sh). But that is less likely to be true, considering new KTM 250 Duke costs Rs. 2.39 lakh (ex-sh).Source More

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      Royal Enfield Sales Breakup October 2023 – Exports Fell YoY, MoM

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      Royal Enfield Classic and Hunter in the 350 cc range commanded the domestic sales list with both YoY and MoM growthRoyal Enfield has been doing well in terms of sales with a total (domestic + exports) at 84,435 units in September 2023. This was against 82,235 units sold in October 2022 while on a MoM basis sales improved over a total of 78,580 units sold in September 2023.Royal Enfield Domestic Sales October 2023The company is gearing up to introduce its first bike in the 450cc range. The new Himalayan 450 will be launched sometime later this month. It will be at the 2023 MotoVerse in Goa being held on November 24 that the new Himalayan will be revealed while it could be priced around Rs. 2.70 lakh (ex-showroom).With the company’s domestic list commanded by its 350cc models, it was a total of 80,958 units sold last month, up 5.79 percent from 76,528 units sold in October 2022. This was a volume growth of 4,430 units. MoM sales also saw a 9.02 percent growth from 74,261 units sold in September 2023 relating to volume growth of 6,697 units.RE Classic 350 was the best-selling model in company’s lineup in domestic markets with a 0.33 percent YoY growth to 31,897 units, up from 31,791 units sold in October 2022. It was an even higher MoM growth by 22.67 percent when compared to 26,003 units sold in September 2023.Royal Enfield Sales October 2023 Breakup – DomesticThe Classic 350 currently commands a 39.40 percent share in Royal Enfield’s domestic markets. RE Hunter 350 was up next with 17,732 units sold last month, up 14.81 percent over 15,445 units sold in October 2022. MoM sales grew by 20.25 percent from 14,746 units sold in September 2023 to currently hold a 21.90 percent shareAlso in the 350cc segment were the Bullet and Meteor. Bullet 350 domestic sales grew significantly by 63.12 percent to 14,281 units, up from 8,755 units sold in October 2022. MoM sales on the other hand fell by 18.45 percent from 17,512 units sold in September 2023. The new gen Bullet 350 was launched in September 2023, bringing with it added features, a fine-tuned engine and better suspension.Bullet 350 sales drop 18.45% MoMBookings have opened and sales could see an increase in the months ahead. Meteor 350cc sales, on the other hand, fell by 2.05 percent YoY to 10,141 units in October 2023 from 10,353 units sold in October 2022. MoM sales however, grew by 17.12 percent from 8,659 units sold in September 2023.The RE Himalayan has seen lower sales over past two months. It fell to 2,944 units in October 203 down 21.51 percent from 3,751 units sold in October 2022 while it dipped MoM by 8.51 percent from 3,218 units sold in September 2023.India’s highest-selling 500cc+ motorcycle, Royal Enfield Super Meteor 650 sold 2,202 units sold last month, a 7.99 percent growth over 2,039 units sold in September 2023. Sales dipped YoY for both the 650 Twins and Electric 350 to 1,746 units and 15 units respectively though MoM sales of the 650 Twins went up by 36.41 percent from 1,280 units sold in September 2023.More recently the company has updated the Super Meteor which is India’s best-selling bike in the 500cc segment. Royal Enfield has introduced the wingman telematics suite on the Super Meteor 650 bringing with it a host of connected tech features which are accessible via Royal Enfield App.Royal Enfield Classic 350 tops Export List in October 2023With a total of 3,477 units in October 2023, Royal Enfield has reported both a YoY and MoM decline in exports. It was a 39.07 percent YoY decline from 5,707 units exported in October 2022 while MoM exports dipped by 19.50 percent from 4,319 units shipped in September 2023. Every model in the company portfolio posted a YoY decline while on a MoM basis, it was only the Super Meteor and Hunter 350 that saw more positive results.Royal Enfield Sales October 2023 Breakup – ExportsTopping the export list was Classic 350 which saw an 11.75 percent de-growth to 1,059 units in October 2023 from 1,200 units exported in October 2022. MoM exports also fell by 14.46 percent from 1,238 units shipped in September 2023. Super Meteor exports stood at 1,022 units lasts month, a 15.48 percent MoM growth over 885 units exported in October 2022. The Super Meteor currently commands a 29.39 percent share on the export list.It was a 48.06 percent YoY decline in exports for the Hunter 350 which fell to 670 units last month from 1,290 units exported in October 2022. MoM exports however, saw a marginal improvement of 1.21 percent from 662 units shipped in September 2023. De-growth in exports was also reported for the 650 Twins (392 units), Meteor (209 units), Bullet 350 (71 units) and Himalayan (54 units). More

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      2W Retail Sales Oct 2023 – Hero, Honda, TVS, Bajaj, Yamaha, Ola, Ather, Jawa

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      Jawa 42 Bobber Black Mirror profile2W sales saw a YoY de-growth of 12.60 percent while MoM sales grew by 14.91 percent in October 2023Two wheeler retail sales, as announced by Federation of Automobile Dealers Associations (FADA), for the month of October 2023, saw sales dip by 12.60 percent. It was however, a MoM growth of 14.91 percent when compared to sales in September 2023. Festivities during the month of October 2023 failed to stir up sales in the two wheeler segment, retail sales of which dipped 12.60 percent YoY in the said month. Sales fell to 15,07,756 units in October 2023, down from 17,25,043 units sold in October 2022. This was a volume de-growth of 2,17,287 units.2W Retail Sales Oct 2023 – Hero, Honda, TVS post YoY degrowthThe segment made up on a MoM basis with a 14.91 percent growth from 13,12,101 units sold in September 2023. During the 10 day Navratri period there were 5,40,325 units sold, up 21.75 percent when compared to 4,43,796 units sold during the same 10 day period of 2022. While Hero MotoCorp once again led the segment, the company reported a YoY de-growth in October 2023. Sales dipped to 4,17,750 units, down from 5,67,122 units sold in October 2022. It was a MoM growth of over 3,15,781 units sold in September 2023.At No. 2 was Honda that has also seen sales dip YoY in October 2023 down to 4,02,138 units when compared to 4,46,897 units sold in October 2022. Market share however, increased to 26.67 percent from 25.91 percent YoY. MoM sales improved over 3,48,899 units sold in September 2023. In 3rd spot was TVS Motors also reporting a YoY de-growth in October 2023 down to 2,51,435 units when compared to 2,65,894 units sold in October 2022. Market share improved to 16.68 percent from 15.41 percent YoY. TVS iQube has seen increased demand while the XL100 moped has also been a hot favorite while in the premium space, TVS X and Apache RTR 310 launched recently also gained some traction.Bajaj Auto sales improved YoY to 1,78,717 units in October 2023 up from 1,72,106 units sold in October 2022. YoY sales growth was also reported by Suzuki Motorcycle India, which grew to 79,782 units in the past month, up from 67,555 units sold in October 2022. Market share improved to 5.29 percent from 3.92 percent YoY.2W Retail Sales Oct 2023Sales de-growth was reported by Royal Enfield, which fell to 68,151 units in October 2023, down from 73,763 units in October 2022. It was also a MoM growth from 63,084 units sold in September 2023. Royal Enfield has recently revealed details of the Himalayan 452 slated to launch soon. Once launched, it will compete against the Triumph Scrambler 400X, KTM 390 Adventure, 390 Enduro and Hero Xpulse 440. It was Yamaha Motors that saw sales increase significantly to 55,289 units in October 2023 from 50,201 units sold in October 2022 taking up market share to 3.67 percent from 2.91 percent YoY.Ola and Ather Energy Post YoY Growth in October 2023In the electric two wheeler segment, Ola Electric maintained its dominance and also posted a healthy YoY growth in sales. Retail sales stood at 23,783 units in the past month, up from 16,357 units sold in October 2022. This took market share up to 1.58 percent from 0.95 percent YoY. It was also a MoM growth from 18,647 units sold in September 2023.Ather Energy, another leading electric two wheeler major in India, has seen sales grow to 8,346 units in October 2023 up from 7,358 units sold in October 2022. MoM sales growth was also significant from 7,123 units sold in September 2023. Greaves Electric, formerly known as Ampere Electric Vehicles, sales jumped to 4,169 units in October 2023 from just 39 units sold in October 2022 and was a further MoM increase over 3,605 units sold in September 2023.Lower down the sales list, each of the two wheeler makers have reported sales de-growth. Piaggio sales dipped to 3,284 units in October 2023 from 3,881 units sold in October 2022. Classic Legends (Jawa / Yezdi) also saw retail sales fall to 2,689 units from 3,769 units on a YoY basis while Okinawa sales fell significantly down to 1,474 units in the past month from 14,953 units sold in October 2022. There were others in this segment that also included electric two wheeler manufacturers that contributed 10,749 units to total retail sales. This was down from 35,148 units sold in the same month last year. More