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    Two Wheeler Sales Sep 2021 – Hero, Honda, TVS, Bajaj, Suzuki, Royal Enfield

    Image – MRD VlogsWhile domestic YoY growth has turned negative in September, MoM numbers have registered double-digit growth
    A total of 14,70,011 units were sold in September in domestic market. YoY sales are down by -17.45%, as compared to 17,80,837 units sold in the corresponding period last year. All except TVS have negative YoY growth in September. MoM growth is up 15.62%, as compared to 12,71,455 units sold in August 2021. Only Suzuki and Royal Enfield have negative MoM growth in September 2021. Exports in September are at 3,38,179 units. While YoY numbers are up by 8.42%, MoM growth is down by -1.99%.
    Two Wheeler Sales Sep 2021 – Domestic
    Hero MotoCorp continues to lead in domestic market, commanding a market share of 34.38%. A total of 5,05,462 units were sold in September. YoY growth is down by -27.51%, as compared to 6,97,293 units sold in September last year. MoM numbers are up by 17.24%, as compared to 4,31,137 units sold in August 2021. Hero relies heavily on its motorcycles to generate volumes. Among the primary contributors are Splendor and HF Deluxe. In September, more than 92% of the company’s sales were contributed by motorcycles.
    At number two in the list is Honda with sales of 4,63,679 units in September. YoY growth is down by -7.43%, as compared to 5,00,887 units sold in September last year. Market share is at 31.54%. MoM growth is up 15.50%, as compared to 4,01,469 units sold in August 2021. Unlike Hero, Honda’s top selling product is its Activa scooter. Other key contributors include CB Shine and Dio.
    TVS is at number three with sales of 2,44,084 units in September. YoY growth is up by 0.96%, as compared to 2,41,762 units sold in September last year. Market share is at 16.60%. MoM growth is 35.60%, as compared to 1,79,999 units sold in August 2021. TVS MoM growth is highest in the list in percentage terms. It is also the only company to register positive growth in both YoY and MoM terms in September.
    Two Wheeler Sales Sep 2021
    Next in the list is Bajaj with sales of 1,73,945 units in September. YoY growth is down by -20.75%, as compared to 2,19,500 units sold in September last year. Market share is at 11.83%. MoM growth is positive at 10.11%, as compared to 1,57,971 units sold in August 2021.
    Suzuki and Royal Enfield take the fifth and sixth spot, respectively. Their YoY and MoM growth are both negative. With sales of 55,608 units in September, Suzuki YoY loss is at -14.71%. MoM loss is at -10.03%. Royal Enfield sales are at 27,233 units, which is YoY and MoM loss of -51.54% and -30.30%, respectively.
    Two Wheeler Exports Sep 2021
    Bajaj continues to dominate international markets with exports of 1,87,091 units in September. YoY growth is up 0.94%, as compared to 1,85,351 units exported in September last year. Market share is at 55.32%. MoM growth is at 3.74%, as compared to 1,80,339 units exported in August 2021.
    Two Wheeler Exports Sep 2021
    TVS is second with exports of 88,427 units. YoY growth is up by 23.55%, as compared to 71,570 units exported in September last year. Market share is at 26.15%. MoM growth is negative at -6.24%, as compared to 94,314 units exported in August 2021.
    Hero is third with exports of 24,884 units in September. YoY and MoM numbers have improved by 35.06% and 9.42%, respectively. Hero market share in exports is at 7.36%. Other OEMs in the list are Honda (19,077 units), Suzuki (12,404) and Royal Enfield (6,296). Among these, only Honda has negative YoY growth. In MoM terms, Honda and Royal Enfield have negative growth whereas Suzuki has gained 6.44%. More

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    TVS Jupiter 125cc Scooter LED DRLs Teaser – Activa Rival Launch Soon

    New TVS Jupiter 125cc Launch SoonAll-new Jupiter 125 will take on rivals such as Honda Activa 125, Suzuki Access, Hero Destini 125 and Yamaha Fascino 125
    After Raider 125cc motorcycle, TVS is gearing up to launch its next product. It is likely to be all-new Jupiter 125, a more powerful and better equipped version of existing Jupiter 110cc scooter. Launch date is set for 7th Oct 2021.
    With new Jupiter, TVS will have two products in 125cc scooter segment. While Ntorq is preferred for its superior styling and sporty performance, Jupiter 125 will be more suited for practical, everyday needs.
    TVS Jupiter 125 styling and features
    To ensure a distinct identity, Jupiter 125 will utilize a new set of styling bits. Components like headlamp, LED DRLs, rear view mirrors, side panels, grab rails, and tail light are expected to be entirely new. Only a limited set of design elements are expected to be borrowed from Jupiter 110.
    New colour options are expected to be made available for all-new Jupiter 125. The existing 110cc Jupiter is available in more than a dozen colour options. Ones that really stand out include Titanium Grey, Matte Blue, Volcano Red, Midnight Black, Pristine White, Royal Wine and Indi Blue. Available colour options are based on the chosen variant. Take a look at the new teaser video of the 2021 TVS Jupiter 125cc scooter.
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    To match features available with rival scooters in this segment, TVS could introduce things like digital instrument console, USB charger and Bluetooth connectivity for new Jupiter 125. Existing Jupiter 110 is equipped with an analogue instrument console. As it will primarily be positioned as a utilitarian scooter, Jupiter 125 will have ample under seat storage. For reference, Jupiter 110 offers 21-litres of under seat storage. This is good enough for a full-sized helmet.
    It is possible that TVS Smart Xonnect connectivity platform could be introduced with Jupiter 125. This feature is already offered with Ntorq. A number of advanced features can be accessed via Smart Xonnect such as navigation assist, caller ID, last parked location assist, ride stats, and remote backlit illumination control. Overall, around 60 connectivity features are available through this platform. Smart Xonnect could be introduced with top-spec variants of all-new Jupiter 125.
    TVS Jupiter 125 engine and specs
    It is likely that Jupiter 125 will borrow its engine from Ntorq. For Ntorq, the engine is tuned differently based on the variant. For standard variants, the engine is tuned to deliver 9.38 ps of max power and 10.5 Nm of peak torque. For Race XP variant, the numbers increase to 10.2 ps / 10.8 Nm. Race XP variant is the first 125cc scooter in the country to deliver more than 10 hp power.
    TVS Jupiter 125cc LED DRLs
    As Jupiter 125 will likely target improved fuel economy, its power and torque output could be less than Ntorq. For this, Jupiter 125 will use an ET fuel injector and not the Race Tuned Fuel injector (RT FI). Suspension system will comprise telescopic fork at front and monoshock unit at rear. The scooter can get the option of front disc brakes. Jupiter 125 pricing is expected to be close to that of Ntorq. The latter is offered in the price band of Rs 72k to Rs 84k (ex-showroom, Delhi). More

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    Hop Electric Motorcycle Testing Starts – Revolt RV400 Rival

    HOP Electric Motorcycle SpiedEarlier this year, Hop Electric had launched Lyf and Leo electric scooters starting at Rs 65,500
    Jaipur-based EV manufacturer Hop Electric will soon be expanding its portfolio to include its first electric motorcycle named Hop OXO. The first of test mules are currently being evaluated in real-world conditions. Hop OXO promises to offer an optimal mix of style, comfort, performance and range. Just like the electric scooters, Hop e-bike is expected to be launched at a competitive price point.
    Hop OXO design and styling
    Hop Electric Motorcycle OXO has a sporty design with an aggressive front fascia and sleek body panels. It is likely to have an all-LED setup. Some key features include trendy visor, spear-shaped turn indicators, sleek LED DRLs, single seat design, and short tail section. The bike appears to have an aerodynamic profile, which will ensure streamlined airflow and help extract more miles from the battery.
    It is expected that Hop OXO will be offered in a range of sprightly colour options. Sporty graphics will be part of the package. It will likely have a naked profile with exposed frame sections in contrasting shade. Users can expect comfortable rides, as Hop OXO has an upright riding stance. The e-bike has ergonomically placed wide handlebars and centrally positioned foot pegs.
    Usually, e-bikes come across as bulkier, as they have to carry large battery packs in their belly. Hop OXO does not have this limitation, as its batteries are neatly packed under the fuel tank. Its size and proportions are not very different from standard 125-150cc ICE powered motorcycles.
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    Hop OXO top speed, range and specs
    Top speed of Hop OXO is expected to be around 80-90 kmph. The e-bike reaches its top speed in less than 30 seconds. Range is expected to be around 100 km on a full charge. Just like Hop electric scooters, OXO e-bike could be offered with the option of a single or dual battery pack.
    In case of scooters, their range is 125 km with a dual battery pack. Top speed of Hop electric scooters is 50 kmph for Lyf and 60 kmph for Leo. Power output is 2000w for Lyf and 2500w for Leo. Details about power output of OXO electric bike will be revealed soon. Suspension system on OXO comprises standard telescopic forks at front and dual rear shock absorbers. The bike has disc brakes at both ends.
    To eliminate range anxiety, Hop Electric is currently building a wide network of refuelling stations. These will function as recharging as well as battery swapping stations for a seamless user experience. Users who choose the swapping service can get a fully charged battery in just around 20 seconds. From the user’s perspective, battery swapping is more convenient than recharging.
    When launched, Hop OXO electric motorcycle will take on rivals such as Revolt RV400 and Joy e-Monster. It is likely to be priced under Rs 1 lakh. More

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    Suzuki Sales Sep 2021 Decline – Gixxer, Intruder, Burgman, Access, Hayabusa

    Image – Boyet SalavariaSuzuki Motorcycle India reports decline in domestic wholesales in September 2021, exports grow
    In September 2021, Suzuki did see domestic wholesales decline while exports registered growth. Suzuki two wheeler wholesales fell to 55,608 units in September 2021. Down 14.71 percent from 65,195 units at 9,587 units volume loss. Exports grew to 12,404 units, up 92 percent. Exports grew from about 6.5k units at volume gain of just under 6k units.
    Suzuki Sales Sep 2021
    Total sales fell to about 68k units, down from 71,661 units. Volume loss stood at 3,649 units at about 5 percent sales decline. MoM sales decline is reported at 10 percent, down from 61,809 units. Volume loss stood at 6,201 units. Best selling Suzuki two wheelers in India includes Access, Burgman, Gixxer, Intruder. Their newly launched Hayabusa is also the best-selling motorcycle in its segment.
    In the meantime, Suzuki Motorcycle India continues to offer the company’s growing range of products. In an effort to meet with the growing demand, the company have been undertaking steps, as advised by market trends to augment product range. Production capacities today are being far better utilised than earlier months when sales was just about nearing the 50k units mark on a monthly basis.
    Satoshi Uchida, Managing Director, Suzuki Motorcycle India Pvt Ltd. said, “We continue to experience a very strong demand both from the Domestic and Overseas Markets. However, Supply Chain constraints being experienced in the Country and across the Globe have impacted our efforts to cater to the heightened demand. We are hopeful that the situation will improve and we shall be able to fully cater to the demand.”
    Suzuki Two Wheeler Sales Sep 2021
    Indian auto industry recovery
    Demand from the domestic market is being supported by a strong growth in retail sales which have shown some movement in recent months. As the Indian auto space continues to show signs of recovery, overall sales is expected to be impacted positively. Decrease last year was primarily due to the increasing spread of Covid-19 pandemic. The total standstill that befell the industry resulted in weakening demand for vehicles.
    Suzuki can draw much from its growing base of valued clients for their continued confidence. With industry wide recovery being a slow process, the coming months will be under close scrutiny. While there’s no new product launch around the corner, this isn’t necessarily a niggle. A fair amount of new sales is generated through the distribution of new products and packages of existing products. And with festivities being the flavour of the season, one can expect a bouquet of festive packages.
    Strong demand in market
    Following slow recovery from Covid-19, the auto industry finds itself gripped with another formidable wall that it can’t power through. Supply chain disruptions when it comes to acquiring critical parts/chips. And there’s rather little anyone can do about this other than continue to improve procurement channels as production starts to bridge the supply gap. But this will take a while longer.
    This, in turn, has adversely affected the overall performance of our products.Auto manufacturers continue to participate in the new products development activities but being able to supply new vehicles in timely manner is an altogether diff matter. Auto manufacturers continue to take every opportunity to look for alternatives for the current supply chain crisis. More

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    Honda Scooter, Motorcycle Sales Sep 2021 – Activa, CB Shine, Dio, Grazia

    Honda ActivaHonda 2Wheelers India reports decline in domestic wholesales and exports in September 2021
    With Hero MotoCorp and Honda 2Wheelers competing at the top league in the domestic two wheeler market, September 2021 would have brought cheer to the latter. Sales look up. In a MoM comparison, Honda has bettered sales from the previous month. This has helped the manufacturer have its sight set on the omnipresent gap between both manufacturers’ monthly sales.
    Honda Sales Sep 2021
    Honda 2W reports domestic sales of 4,63,679 units, down 7.43 percent. Volume loss stands at around 37k units, down from just over 5L units YoY. Exports for the month are below 20k units. Volumes are down by about a quarter.
    Down from about 26k units at volume loss of 6.9k units. Total sales fell to 4,82,756 units, down from 5,26,865 units. Sales decline is reported at 8.37 units at volume loss of about 44k units. Best sellers from Honda include Activa, CB Shine, Dio, Grazia, Unicorn, Dream, CB350, etc.
    MoM domestic sales grew by over 15 percent to end the quarter on some positivity. Sales grew from just over 4L units at volume gain of just over 2k units. Exports were down by over third at volume decline of over 10k units. Total MoM growth is reported at 12 percent, up from 4,30,683 units at volume gain of about 52k units.
    Honda Two Wheeler Sales Sep 2021
    Honda two wheelers big bikes
    As part of Honda’s commitment to empower India’s youth with their most iconic 2Wheeler, its product range capacity is being increased to cater to the growing demand of 2Wheelers. While India thrives on mass market small cc motorcycles and Honda’s ubiquitous Activa, the auto manufacturer has many an ace up its sleeve. Globally, the company offers a range of big cc motorcycles, and the company has only just begun exploring this avenue in a big way here recently.
    Honda has successfully launched its highly acclaimed 350cc series here. The packaging brings together aerodynamic body design, performance-enhancing suspension, and great hope. Being among the best in its class, it’s now garnering rave reviews for its exceptional performance. It almost beggars belief that Honda waited for so long to determine that the market was ready for such a product range.
    Gaining momentum
    The effort has always been to offer complete value for money proposition to customers. With festive season fervour overhead, Honda 2Wheeler is geared up to monetise on big demand, typical of this period.
    Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said, “We are gaining back the momentum with each passing month witnessing a rise in customer enquiries. The coming few months will be decisive in determining the growth forecast with the year’s most awaited time of festivals just around the corner. Our network across India is all geared up and ready to delight customers with their favourite Honda 2Wheeler.” More

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    Hero MotoCorp Sales Sep 2021 – Splendor, Passion, HF Deluxe, Destini, Pleasure

    Image – Patna BikesHero MotoCorp has registered a sales decline in Sep 2021 when compared YoY – But MoM, the company has posted an increase in sales
    World’s largest two wheeler manufacturer, Hero MotoCorp Sep 2021 sales report has been revealed. A total of 5.3 lakh two wheelers have been sold in Sep 2021. Of these, 5.05 lakh were sold in domestic market, while 25k were exported. Total motorcycle sales stood at 4.9 lakh while scooter sales were at 41k units in Sep 2021.
    Hero MotoCorp Sep 2021 Sales – YoY vs MoM
    In terms of YoY basis, Hero MotoCorp total sales have declined by almost 26%. Domestic sales are down by 28%, Motorcycle sales are down 26% and scooter sales are down 25%. What is in the green, are Hero MotoCorp exports – growing by a staggering 35% YoY.
    In terms of MoM basis, Hero MotoCorp sales have increased by an impressive 16%. Domestic numbers are up 17%, Motorcycle sales are up 16%, Scooter sales increased by 23% while exports too have increased, by 9%.
    Year to date sales are also in the green for Hero MotoCorp. From April 2021 to Sep 2021, total sales have crossed 24 lakh units. In the same period last year, sales were at 23.77 lakh units. Below is a detailed sales report of Hero MotoCorp for Sep 2021.
    Hero MotoCorp Sales Sep 2021
    Demand To Increase
    With the peak festive season upon us, Hero MotoCorp is optimistic regarding demand in the months to come. There are many reasons for this optimism. One of the most significant drivers is the company’s solid performance over the first few months of 2021. Another important factor in our outlook is that consumers are showing a real appetite for technological innovation.
    The company has taken advantage of this trend by updating tech and convenience features, which have already proven popular with consumers. We also expect demand to be boosted by consumer caution given recent global economic volatility and uncertainty following Covid-19 pandemic.
    New launches are planned next week. This includes updated Xpulse 200 4V, Xtreme Stealth Edition, Pleasure Plus X-Tec, etc. Hero MotoCorp functions optimally owing to its continually revamped range of products. All the while, efforts are made to improve market outreach. These factors combined with a more positive outlook from the public about the state of the economy means that there is more reason to be hopeful about how this year will go for them.
    The company is also continuing to see growth in different markets while staying committed to their core values and beliefs about hard work and reliability. Hero MotoCorp have been working closely with suppliers and they have been encouraged by a positive sales outlook. More

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    Royal Enfield Sales Sep 2021 – Classic 350, Meteor, Bullet, Himalayan

    Image – Auto Travel TechRoyal Enfield reports domestic wholesales decline at 51.54 percent in September 2021
    Royal Enfield September 2021 total sales fell to 33,529 units. Down 44 percent from just over 60k units. Sales volume fell by 26,802 units. YTD sales is still in the green at just under 2.5 lakh units, up from 2,08,078 units for the same 6 months in 2020.
    The upto 350cc segment, which happens to be Royal Enfield’s core strength has taken a hard hit. In this segment, they sell Classic 350, Meteor, Bullet and Electra. Wholesales fell to around 25k units, down from 54,434 units at 53.12 percent decline. YTD segment sales grew 10 percent at 2,08,201 units, up from 1,89,608 units.
    The above 350cc segment stayed in the green, at just over 8k units, up from about 5.9k units at 35.81 percent growth. In this segment, RE sells Himalayan and 650 Twins – Continental GT and Interceptor. Sales volume grew by just over 2.1k units in the segment. Exports in this segment grew by 52.41 percent at about 6.3k units, up from 4,131 units. Exports volume grew by 2,165 units.
    RE Domestic sales volume fell by about 29k units. Down at 27,233 units from 56.2k units. Sales decline is reported at 51.54 percent. MoM total sales decline is reported at 26.89 percent.
    Royal Enfield Sales Sep 2021
    Demand for semiconductors
    Demand for semiconductors remains necessary, but a shortage of supply may limit the amount of new chips that can be introduced into production. Continuing shortages of product due to high demand and tight supplies caused the semiconductor industry’s production volumes for September to remain flat with those of August.
    Across the industry, the lack of new products can be traced back to a tight supply capacity. However, manufacturers have in select instances been able to keep to schedule and introduce new product lines.
    The bottom line is that if you don’t have any chips, you need to pay more to get them from other sources. This is a necessity considering its impact of production. As such, procurement of parts continues to be a key focus area.
    Royal Enfield Sales Sep 2021
    Things to look up in Q3 FY22
    Though things are expected to look up in Q3 FY22, despite this, supply of components is still expected to remain tight for many generations of existing products. The primary cause of the lack in supply is is oft attributed to production taking longer than anticipated to meet pent up demand. These slower production rates as compared to demand is limiting how much product can be shipped out.
    The second factor that has led parts availability being tight is some components being used more often by high-volume customers who have smaller weights/smaller demand for some items relative to market trends. In all, while things are expected to look up, it could still be a while until matters on the chip front are smooth sailing. More

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    TVS Sales Sep 2021 – Apache, Raider, Jupiter, Ntorq, iQube Electric

    Image – Lokesh PimpleTVS has registered YoY growth of 6 percent and 2 percent in the two-wheeler and three-wheeler segments respectively for September 2021
    TVS Motor Company registered a cumulative sale of 347,156 units in September this year which has resulted in YoY growth of almost 6 percent. In September last year, the company was able to sell 327,692 vehicles. The cumulative monthly sales for August this year stood at 2,90,694 units.
    TVS Motor Sep 2021 Two-Wheeler Sales
    These figures include sales volume of both two-wheelers and three-wheelers. The two-wheeler segment of TVS registered a sales volume of 332,511 units last month which translated to YoY growth of 6.12 percent. The monthly sales figure for two-wheelers during the same month last year stood at 313,332 units.
    The Hosur-based manufacturer recorded a total of 244,084 units of two-wheelers in September this year as compared to 241,762 units sold during the same period last year. This led to marginal YoY growth of 0.96 percent.
    In August 2021, TVS sold a total of 1,79,999 two-wheelers in the domestic market which resulted in a positive MoM growth of 35.60 percent last month. Leading the sales charts were Apache, Jupiter, Ntorq, XL100. Their iQube electric scooter and the new Raider also added to sales.
    TVS Motor Sales Sep 2021 vs Sep 2020 (YoY)
    With pandemic restrictions easing and the festive season soon approaching, TVS expects retails to improve significantly in coming months. The bikemaker was able to sell 1,66,046 units of motorcycles last month as opposed to 1,39,698 units sold in September last year. This resulted in YoY growth of 18.86 percent.
    Motorcycle, Three-Wheeler Sales
    MoM growth of 24.11 percent for motorcycle sales was registered in September this year. TVS dispatched 1,04,091 units of scooters last month in comparison to 103,877 units dispatched in September 2020. This resulted in a marginal MoM growth of 0.21 percent. Sales volume of mopeds declined by 10.58 percent YoY as the company registered a sales volume of 62,374 units in September this year.
    A total of 14,645 three-wheelers from TVS were dispatched last month as against sales of 14,360 units in September 2020. This translated to YoY growth of 2 percent. However, most of these units were shipped to foreign markets as only 813 units of three-wheelers were sold in the domestic market in September this year.
    TVS Motor Sales Sep 2021 vs Aug 2021 (MoM)
    Exports & Second Quarter Sales
    The company’s total exports registered a YoY growth of 20 percent with a sales volume of 102,259 units in the month of September 2021 as opposed to 85,163 units sold in September 2020. Two-wheeler exports registered a growth of 24 YoY with sales of 88,427 units in September this year as against sales of 71,570 units in September last year.
    During the second quarter of the current financial year, two-wheelers posted a growth of 4 percent with a sales volume of 8.70 lakh units instead of 8.34 lakh units in the second quarter FY 20-21. Three-wheeler segment of the company registered a growth of 41 percent with sales of 0.47 lakh units in the second quarter of the current year as opposed to 0.33 lakh units in the second quarter of FY 20-21. More