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

    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

    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

    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

    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

    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

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    New Honda Electric Scooters Vs Rivals – Activa e, QC1, Rizta, iQube, Chetak

    Honda Electric Scooters Vs RivalsWith its twin 1.5 kWh removable battery packs, Honda Activa e has little to no under-seat storage space for practicality
    Indian electric scooter market has been booming and has emerged as a tempting proposition for many OEMs to explore. There have been quite a few players ranging from mainstream manufacturers like Bajaj, TVS, Hero and to startups like Ola and Ather. There had never been a Japanese mainstream OEM in this space. Until now.
    Honda has just unveiled their new electric scooters in India, the basic QC1 and the more premium and tech-loaded Activa e. Pricing for Honda’s scooters will be announced in January 2025. We compared these scooters with three of India’s top three best-selling family electric scooters, TVS iQube, Bajaj Chetak and Ather Rizta, and here’s how Honda’s offerings fare.
    Honda Electric Scooters Vs Rivals – Dimensions
    Honda Electric Scooters Vs Rivals
    Soon, Honda’s Activa e and QC1 will rival the well-established family electric scooters on sale in India. Both Activa e and QC1 come with Underbone chassis like Rizta and Chetak. Only iQube has a tubular chassis. Except for the Chetak, all electric scooters in this comparison come equipped with telescopic front forks.
    Only the iQube and QC1 have twin shock absorbers, while others get a rear mono-shock setup. QC1 is the only one to offer a drum brake setup at the front, while others, including Activa e, offer a disc brake. These family electric scooters are yet to offer rear disc brakes, something seen with sportier offerings.
    Except for the QC1, all scooters on this comparison offer 12-inch alloy wheels at both ends. Tyres are usually 90-section at both ends in this category. But Ather offers 100-section rear tyre and Activa e has a fatter 110-section rear tyre. Because of its removable battery, Activa e has little to no under-seat storage space, while Rizta promises 34L, highest in this comparison.
    Honda Electric Scooters Vs Rivals – Features
    Because of its budget nature, Honda QC1 misses out on TFT instrument cluster, even as an option and hence lacks any connectivity features as well. Honda and Bajaj are the only ones that come with smart keys for the keyless go function in this comparison.
    Where pricing is concerned, Chetak has the upper edge as TecPac range between just Rs 3,000 to Rs 5,000. With larger battery, TVS is the most expensive, but Ather emerges as the least VFM as Pro Packs range between Rs 15,000 and Rs 20,000 and the battery size and corresponding range are nothing to write home about, either.
    Specs and Performance
    Activa e gets the highest peak power of 6 kW and QC1 has lowest peak power of just 1.8 kW. Rizta offers 4.3 kW, iQube 4.4 kW and Chetak 4.2 kW of peak power. Because of its hub motor layout, QC1 quotes 77 Nm of peak torque and it is 140 Nm with iQube. Where rated torque is concerned, iQube steals the show at 33 Nm.
    Honda Electric Scooters Vs Rivals – Specs
    Claimed range is 102 km with Activa e and 80 km with QC1. Rizta’s and Chetak’s claimed numbers are higher. TVS only quotes real range, going till 150 km with the 5.1 kWh battery. Speaking of battery, nothing beats TVS as iQube’s top-spec 5.1 kWh is the largest in capacity. Activa e has two 1.5 kWh removable units, while QC1 just gets one 1.5 kWh unit.
    Except for the QC1 with a lower top speed of just 50 km/h, others quote around 80 km/h. Activa e has a reverse mode with Honda RoadSync Duo, Chetak gets it with TecPac and Rizta gets it with Pro Pack. Because of its large battery, iQube is the heaviest, weighing up to 132 kg. More

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    TVS Sales Breakup Oct 2024 – Jupiter, XL, Raider, Apache, iQube, Ntorq

    New TVS Apache 160. Image – Israfil’s WorldTVS Jupiter scooter and XL moped were two forerunners on this list together commanding a 42% share
    TVS Motor, a significant player in the two wheeler segment has reported improved sales in Oct 2024 following a healthy festive season. Sales increased both on a YoY and MoM basis taking sales figures up to 3.90 lakh units. Most models on this list have seen sales improve significantly while there were some that  suffered lower demand.
    TVS Sales Oct 2024 – Jupiter, XL Lead
    TVS has reported sales of 3,90,285 units in Oct 2024. This was a 13.14% YoY growth from 3,44,957 units sold in Oct 2023. MoM sales saw a 5.89% improvement from 3,68,563 units sold in Sep 2024.
    TVS Sales Breakup Oct 2024 – YoY Comparison
    Jupiter scooter took the top spot on this list. It was also the 2nd best-selling scooter in India after the Honda Activa. It amassed sales of 1,09,702 units last month, a 19.47% YoY growth from 91,824 units sold in Oct 2023. It currently commands a 28.11% share. It also posted a 7.14% MoM growth over 1,02,394 units sold in Sep 2024.
    The XL moped also among the top selling models in the company portfolio suffered a YoY and MoM setback in terms of sales. Sales fell by 1.47% YoY and 4.71% MoM to 52,380 units. There had been 53,162 units and 54,969 units sold in Oct 2023 and Sep 2024 respectively.
    TVS Sales Breakup Oct 2024 – MoM Comparison
    TVS Raider showed good sales growth last month. Sales stood at 51,153 units, a 7.73% YoY growth over 47,483 units sold in Oct 2023. MoM sales also surged by 18.21% from 43,274 unit sales as of Sep 2024.
    Apache followed close behind with 50,097 unit sales. This was a 27.84% YoY and 20.31% MoM growth to command a 12.84% share on this list. Positive sales were also recorded for the TVS Ntorq at 40,065 units, a 16.21% YoY and 4.17% MoM growth from 34,476 units sold in Oct 2023 and 38,463 units sold in Sep 2024.
    TVS iQube Sales up 43.75% YoY
    TVS iQube electric scooter sales improved by 43.75% YoY to 28,923 units. This was a volume growth of 8,802 units over 20,121 units sold in Oct 2023. It also reported positive MoM sales by 1.38% from 28,529 unit sales of Sep 2024.
    TVS also had the Sport (21,532 units) and Radeon (16,188 units), both of which saw sales decline on YoY and MoM basis. Zest sales grew to 9,460 units showing off a strong 27.67% YoY and 11.39% MoM growth. There was Star City with 5,957 unit sales while Ronin sales were up with the highest YoY and MoM growth at 4,163 units, a 58.89% YoY and 60.05% MoM growth. Apache 310 trailed the list with 665 unit sales down 36.61% YoY and 12.27% MoM. More

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    Hero Sales Breakup Oct 2024 – Splendor, Deluxe, Xtreme, Passion, Pleasure, Mavrick

    New Hero Xtreme 125RHero Splendor and Deluxe commanded the sales list with a combined share of 79% and positive YoY and MoM growth
    Two wheeler sales as a whole soared in October 2024 boosted by festival demand and increased sales across rural markets. Consumer discounts and new model launches also played an important role in steering buyers into company showrooms. Increased sales were also seen across the electric two wheeler segment all of which combined to allow Hero MotoCorp to maintain its lead position in the segment with domestic sales of 6,54,259 units.
    Hero MotoCorp Sales Oct 2024 – YoY Vs MoM
    Hero MotoCorp has posted a 17.14% YoY growth with 6,54,259 unit sales in Oct 2024. This was a 97,005 unit volume increase over 5,57,254 units sold in Oct 2023. MoM sales also saw a 6.17% growth when compared to 6,16,233 units sold in Sep 2024.
    Hero Sales Breakup Oct 2024 – YoY Comparison
    Hero Splendor once again claimed a top spot not only on the company sales list but this iconic, mileage friendly commuter bike was also the best-selling two wheeler in the country. Sales of the Splendor improved by 25.91% YoY to 3,91,612 units, up from 3,11,031 units sold in Oct 2023. It also posted a 4.18% MoM improvement over 3,75,866 units sold in Sep 2024 to command a 59.86% share on this list.
    At No 2 was the HF Deluxe with 1,24,343 units sales to command a 19.01% share. It was 5.63% YoY and 9.24% MoM growth from 1,17,719 units and 1,13,827 units sold in Oct 2023 and Sep 2024 respectively. It was followed by the Xtreme 125R with 39,735 unit sales last month. This relatively newcomer to the list has recorded a 5.90% MoM growth from 37,520 unit sales as of Sep 2024.
    Hero Sales Breakup Oct 2024 – MoM Comparison
    Hero Passion, Glamour, Destini Sales Decline YoY
    Hero Passion, Glamour and Destini 125 have seen sales decline in Oct 2024 even as their performance improved on a MoM basis. Passion sales were down to 27,919 units with a 31.50% YoY decline but a 10.98% MoM growth. Glamour, with 24,356 unit sales also suffered a 35.01% YoY dip in demand while sales improved by 22.82% MoM. Destini 125 had 14,546 unit sales last month, a 16.52% YoY de-growth but an 11.08% MoM improvement.
    Hero Pleasure was up next, recording an 18.18% YoY increase in sales to 12,729 units from 10,773 units sold in Oct 2023. Its MoM performance declined by 10.37% from 14,202 units sold in Sep 2024. The Vida electric scooter has seen remarkable demand in the country. Sales surged by 127.86% YoY and 63.49% MoM to 8,750 units. The Vida also featured at No. 5 on the list of 2W electric sales last month.
    Xoom sales dipped to 5,776 units last month with a 45.56% and 1.21% YoY and MoM decline. Xtreme 160/200 also suffered a 47.86% decline in sales to 2,326 units. The sales list also had the XPulse 200 with 1,964 unit sales posting YoY and MoM de-growth.
    There was also the Mavrick 440, launched earlier this year that saw only 196 unit sales last month with an 83.23% MoM decline. Sales of the Hero Karizma 210 also suffered from lower sales at just 7 units. This was a significant degrowth by 97.54% YoY and 85.42% MoM. There had been 285 units sold in Oct 2023 and 48 units sold in Sep 2024. More