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      Hero MotoCorp Sales February 2024 – Exports Almost Doubled

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      Hero Super Splendor XTECThe company is poised to launch more scooters to solidify its presence in this genre to better rival Honda, TVS and SuzukiWorld’s largest 2W manufacturer, Hero MotoCorp, ended February 2024 month with a positive note on the backdrop of growing sales. The company registered positive growth in both YoY and MoM scenarios along with positive growth in YTD sales. The company’s biggest strength is its budget commuter motorcycle lineup.Hero MotoCorp Sales February 2024The company has posted sales metrics segregated between motorcycles and scooters along with domestic sales and exports in international business. Motorcycles are Hero MotoCorp’s forte and it shows in sales charts. Hero sold 4,36,929 motorcycles in February 2024. Motorcycles accounted for 93.28% of Hero’s total sales.When compared to the 3,71,854 units sold in February 2023 Hero registered 17.50% YoY growth accounting for a volume gain of 65,075 units. As opposed to the 4,36,929 units sold in January 2024, Hero motorcycles saw an 8.67% MoM growth with 34,873 units gained in volume MoM.YTD, Hero’s motorcycles saw 47,33,948 units in FY24, while it was 44,73,260 units in FY23. This is a 5.83% YoY growth with a volume gain of 2,60,688 units. In YTD sales, Hero’s motorcycles accounted for 92.26% of total sales. Hero sold 31,481 scooters last month, which contributed to 6.72% of Hero’s total sales.Hero MotoCorp Sales February 2024 – YoYWhen compared to 22,606 scooters sold in February 2023 and 31,542 units in January 2024, Hero witnessed a 39.26% YoY growth and a 0.19% MoM decline. Volume gained YoY stood at 8,875 units and volume lost MoM stood at 61 units.Hero is expanding its scooter portfolio with additions of Xoom 125 and Xoom 160 in the coming future. YTD, Scooters sold 3.97,092 units with an impressive 18.20% YoY growth over 3,35,944 units sold in FY23.Exports almost doubledDomestic market is still Hero’s main strength with 4,45,257 units sold in India. Hero’s domestic sales accounted for 95.06% of company’s total sales. When compared to 3,82,317 units from domestic sales from last year, there was a 16.46% YoY growth. As opposed to 4,20,934 units sold a month before, domestic sales saw 5.78% MoM growth over January 2024.Hero MotoCorp Sales February 2024 – MoMVolume gained by domestic market stood at 62,940 units YoY and 24,323 units MoM. YTD, Hero’s domestic sales accounted for 96.69% share of total sales selling 49,61,275 units and registering 6.62% YoY growth. Company’s exports presented a wonderful 90.67% YoY growth and 82.83% MoM growth by shipping 23,153 units last month.Volume almost doubled with exports with the gain standing at 11,010 units YoY and 10,489 units MoM. There was an 8.73% YoY growth in YTD analysis with exports too, with 1,69,765 units shipped in FY24. In total, Hero MotoCorp pushed out 4,68,410 units last month and 51,31,040 units in FY24 YTD. Thus accounting for 18.75% YoY growth and 8.03% MoM growth. Volume gain was 73,950 units YoY and 34,812 units MoM.Hero MotoCorp Sales February 2024 – YTD More

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      Honda 2W Sales February 2024 Showed Massive Gain In Exports

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      Honda CB350When opposed to the numbers from February 2023 and January 2024, Honda 2W sales February 2024 charts showed healthy growth YoY and MoMIndia’s best-selling scooter manufacturer, HMSI (Honda Motorcycles and Scooters India), registered a commendable sales influx for the month of February 2024. The global 2W juggernaut showed massive gains last month, especially where the company’s exports are concerned.Honda 2W Sales February 2024In India, Honda is synonymous with scooters and enjoys a massive following. For many, Honda is the default 2W manufacturer to choose when embarking on their motorcycling journey. In the domestic market, Honda Motorcycles and Scooters India registered a strong 4,13,967 units.This is close to highest-seller Hero MotoCorp’s sales for the month of February 2024 at 4,45,257 units sold in domestic market. Sticking with Honda, the company registered a commendable 82.31% YoY growth over 2,27,064 units sold in February 2023. The YoY volume gain for Honda in domestic market market was 1,86,903 units.Where MoM analytics are concerned, Honda registered a strong 8.22% MoM growth over 3,82,512 units sold in January 2024 in domestic market with a volume growth of 31,455 units. Domestic sales accounted for 90.25% of Honda’s total sales, down from 91.21% in January 2024.Honda 2W Sales February 2024Honda witnessed a massive surge in exports as seen in the charts. The company shipped a total of 44,744 units last month. This surge in exports yielded a 122.49% YoY growth where Honda more than doubled its numbers in international business. Especially over 20,111 units shipped last year.Massive gain in exportsVolume growth in exports YoY stood at 24,633 units. In MoM analysis, Honda showed a strong 21.31% MoM growth over 36,883 units shipped in January 2024. MoM volume growth stood at 7,861 units. Exports accounted for 9.75% of Honda’s total sales, up from 8.79% seen in January 2024.In total (Domestic+Exports), Honda managed to push out 4,58,711 units from its manufacturing facility last month. When compared to the 2,47,175 units sold in February 2023 and 4,19,395 units sold in January 2024, Honda registered an 85.58% YoY growth and a 9.37% MoM growth. Volume growth stood at 2,11,536 units YoY and 39,316 units MoM.Honda’s new flex-fuel capable bikeLast month, Honda Motorcycles and Scooter India participated in first ever Bharat Mobility Expo 2024 and demonstrated its flex fuel powered vehicles tailored specifically for Indian market. Honda’s electric scooters capable of swapping batteries from Honda Power Pack Energy India were showcased too.The company intends to expand its portfolio in India and incorporate more vehicles with export potential. In that regard, we saw a Scrambler and ADV version based on the CB350 platform that could launch by the end of this year. More

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      2024 Yamaha TMAX560 Debuts – India Launch This Year?

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      2024 Yamaha TMAX560 LaunchedConsidering the test mule spied in India, there is a probability of 2024 Yamaha TMAX560 launching here via CBU routeYamaha, a global force in the 2-wheeler industry, has consistently been a leader in the scooter segment worldwide. Renowned for offering a diverse range of scooters across various categories and engine capacities, Yamaha’s flagship scooter, the TMAX560, recently underwent a refresh in several international markets.2024 Yamaha TMAX560 DebutsYamaha officially unveiled the refreshed TMAX560 in Japan on February 29th, offering two variants – TMAX560 and TMAX560 Tech Max. Both variants share the same hardware and powertrain, differing slightly in their features list. The pricing for the TMAX560 starts at RM 75K (Rs. 13 lakh, ex-showroom) in Malaysia and JPY 1,408,000 (Rs. 7.75 lakh) in Japan.2024 Yamaha TMAX560 LaunchedIn terms of features, the 2024 Yamaha TMAX560 introduces new exterior color schemes but retains its distinctive design. In Japan, the standard TMAX560 is available in Matte Black with Racing Blue wheels, while the TMAX560 Tech Max comes in Matte Dark Reddish Grey and Matte Dark Grey. In Malaysia, the TMAX560 is offered in Dark Magma and Tech Black shades.What does it pack?The TMAX is a formidable scooter with a commanding presence on the streets. Its features include a bold and aggressive front, comprehensive LED lighting, gold-finished USD telescopic front forks, mono-shock rear suspension, a tall transparent windscreen, comfortable ergonomics, plush seats for both rider and pillion, dual disc brakes at the front, a rear single disc braking setup, dual-channel ABS, and more.2024 Yamaha TMAX560 LaunchedTechnological enhancements come in the form of a 7-inch TFT instrument display, Garmin navigation, an electrically operated windscreen, heated seats, heated grips, cruise control, and various other amenities. The scooter boasts a spacious under-seat storage compartment, a 15L fuel tank, and a total weight of 220 kg. The heart of the TMAX560 is its 560cc DOHC 4V parallel-twin-cylinder engine, generating 47.6 bhp and 55.7 Nm, coupled with a CVT and belt-drive system.2024 Yamaha TMAX560 LaunchedIndia Launch PlansThe launch of the 2024 Yamaha TMAX560 holds particular significance for the Indian market. This assertion stems from the sighting of a Yamaha TMAX560 test mule in India, uncovered and adorned with temporary Karnataka state registration plates in red. This development raises speculation about Yamaha’s intentions to introduce the TMAX in the Indian market, as evidenced by recent sightings.This prospect gains significance when considering the landscape of premium, large-capacity scooters in India. On one end of the spectrum, we find the 278.2cc scooter twins from Keeway – the Sixties 300i and Vieste 300, priced around Rs. 3.3 lakh (ex-showroom). At the other extreme lies the BMW C400GT, boasting a single-cylinder 350cc engine and a hefty price tag of Rs. 11.25 lakh (ex-showroom).2024 Yamaha TMAX560 LaunchedA potential market entry by Yamaha with a high-capacity sporty scooter priced around the Rs. 8 lakh mark could present an appealing proposition. The recently spotted TMAX560, stands as a contender for such a position in the market. More

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      Royal Enfield Sales February 2024 – Triumphed With 76K Units

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      Royal Enfield New HimalayanWhen opposed to the numbers from January 2024, Royal Enfield sales February 2024 charts showed a negligible 0.33% MoM declineIconic motorcycle manufacturer and India’s leading classic bike manufacturer, Royal Enfield, has ended February 2024 month with style. The company has witnessed a very decent YoY growth over last year’s sales performance and a negligible MoM decline over sales commenced a month before.Royal Enfield Sales February 2024The company single-handedly dominates 300cc to 500cc motorcycle segment with an 85.3% market share. Within Royal Enfield’s sales charts, it is the 350cc portfolio, which brings the highest volume for the bike maker. This 350cc is powered by a 349cc J-series engine and J-platform.There are a total of 4 motorcycles spawned from this platform – Classic 350, Bullet 350, Hunter 350 and Meteor 350. If we take February 2024 as an example, 350cc bikes accounted for a staggering 87.12% of company’s total sales by accounting for 66,157 units. When compared to 64,810 units sold in February 2023, there was a 2.08% YoY growth.However, the 67,620 units sold in January 2024 ensured that Royal Enfield’s 350cc portfolio saw a 2.16% MoM decline. YoY volume growth stood at 1,347 units and MoM volume decline stood at 1,463 units. 350cc bikes sold 7,45,724 units YTD in FY24 which is a 10.71% YoY growth over 6,73,582 units from FY23.Royal Enfield Sales February 2024 – YoYRoyal Enfield’s greater than 350cc portfolio includes company’s older 411cc platform based Scram 411, Sherpa 450 based New Himalayan and 650cc based Interceptor 650, Continental GT 650, Super Meteor 650 and recently launched Shotgun 650.Company shipped 8,013 units to global marketsCombined, the >350cc portfolio accounted for 12.88% of RE’s total sales with 9,778 units sold. This segment registered a 45.2% YoY growth over 6,734 units from a year ago and a 14.14% MoM growth over 8,567 units from a month before. Volume growth stood at 3,044 units YoY and 1,211 units MoM.There was a 2.67% YoY growth in YTD analysis with this 350cc segment with 91,457 units sold over 89,078 units, scoring a volume growth of 2,379 units. Royal Enfield’s domestic sales stood at 67,922 units and accounted for 89.45% of company’s total sales. There was a 5.39% YoY growth as opposed to 64,446 units from February 2023.[caption id="attachment_489647" align="aligncenter" width="1280"] Royal Enfield Sales February 2024 – MoM[/caption]And a 3.73% MoM decline when compared to 70,556 units sold in January 2024, losing 2,634 units in volume. With 7,68,751 units sold, domestic sales saw a 13.90% YoY growth in YTD analysis as well. Launching newer and more compelling products has ensured an increased potential in exports.At 8,013 units, Royal Enfield exports have seen a commendable 12.73% YoY growth and a massive 42.30% MoM growth as opposed to 7,108 units shipped a year ago and 5,631 units shipped a month before. In YTD, exports saw a 21.98% YoY decline with 68,430 units shipped.Royal Enfield Sales February 2024 – YTDIn total, Royal Enfield sales February 2024 charts accounted for 75,935 units. The 71,554 units from February 2023 ensured a 6.12% YoY growth. However, the 76,187 units from January 2024 ensured a 0.33% MoM decline. Where YTD sales are concerned, Royal Enfield pushed a total of 8,37,181 units and saw 9.77% YoY growth over 7,62,660 units from FY23 with 74,521 units volume growth. More

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      Ford India Rumoured To Enter Into A JV With Tata Motors – New Hybrids, EVs Planned

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      Tata Nexon rolling out of new Sanand plant – Previously owned by Ford IndiaAfter exiting the Indian market, Ford is reportedly planning to re-enter – This time with EVs and HybridsGlobal automotive juggernaut, Ford, is contemplating its plans to position itself as a car manufacturer in India. In a rather long see-saw session, there have been multiple speculations around Ford’s upcoming strategy for the Indian market. Latest reports suggest Ford could stick to Hybrids and EVs along with a probable JV with Tata Motors.Ford India Strategy Could Revolve Around Hybrids, EVsAfter years of dwindling sales, Ford pulled the plug on its Indian operations, similar to what automotive juggernauts like Chevrolet from General Motors and Fiat from Stellantis (then Fiat Chrysler Association) did. Company held two manufacturing facilities in India – Sanand and Chennai.Next Gen Ford EcoSport patent leaksSanand plant was sold to Tata Motors and the transaction happened rather smoothly and ownership was handed over. However, same can’t be said about Ford’s Chennai plant. Ford was in the final round of talks with JSW Group for the sale of its Chennai plant and was called off in the final stages.The deal with JSW Group was said to be almost finalised and considered a closed chapter. However, this deal went south and Chennai facility is still under Ford’s ownership. The hesitation for Ford follows with the recent success of Indian automotive sector climbing the ranks to solidify third largest car market position, followed by China and USA.Tata Nexon rolls out of New Sanand PlantWhat may be Ford’s strategy?The Chennai plant may prove to be a strategic export hub for ASEAN nations with proximity to ports and sea routes. As per a recent report, people in the know-how have revealed that Ford might retain the manufacturing facility to sell hybrid and electric vehicles along with SUVs.New Gen Ford Endeavour design patent filedThese adhere to Ford’s global strategies and the brand has significant expertise and pioneering in said genres. Ford’s recent patent applications reveal a compact or sub-compact SUV that could take EcoSport name considering its legacy, loyalty and recall among enthusiasts. This might be Ford’s mass market offering while keeping halo products in the line.Speaking of, Ford Mustang EV name was trademarked in India earlier this year and new Ford Everest (sold as Endeavour in India) design patents have been filed too. These developments align with the recent report mentioning Ford may stick to SUVs and EVs, while the smaller SUV could be a hybrid vehicle.Ford Mustang EVFord JV with Tata Motors?The report also mentioned speculations about Ford getting into a JV with Tata Motors. Tata is currently India’s leading electric car maker on a scale larger than any other manufacturer. A JV with Tata may benefit both companies. For Ford it will help penetrate the Indian market while for Tata, they might get to launch cars in the US market.Source More

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      Bajaj Auto Sales February 2024 – 2W and CV Sales Improve YoY and YTD

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      2024 Bajaj Pulsar NS 200Bajaj Auto has seen outstanding YoY growth in February 2024 with rising demand both domestic and export marketsBajaj Auto Limited has registered a 24 per cent year-on-year (YoY) increase in sales in February 2024. Growth was seen across both its two wheeler and commercial vehicle segments to 3,46,662 units last month, up from 2,80,226 units sold in February 2023. It was however, a MoM decline in total sales (2W + CV) from 3,56,010 units sold in January 2024.Bajaj Auto YoY Sales February 2024Taking into account two wheeler sales growth in the past month, sales in domestic markets improved by 42 percent YoY to 1,70,527 units in February 2024 from 1,20,335 units sold in February 2023. It was the company’s Pulsar range that boosted sales to this pitch. MoM sales however declined over 1,93,350 units sold in January 2024.Bajaj Auto Sales Feb 2024Exports of two wheelers also improved by 8 percent YoY to 1,24,157 units in the past month from 1,15,021 units shipped in February 2023. Again here it was a MoM de-growth from 1,14,898 units exported in January 2024. This tool total two wheeler sales to 2,94,684 units, up 25 percent YoY over 2,35,356 units sold in February 2023 relating to a 59,328 unit volume growth.In the commercial vehicle segment, Bajaj Auto experienced 10 percent improved sales in domestic markets with 36,367 units sold in February 2024, up from 32,956 units sold in February 2023. There was also a 31 percent growth in exports which had stood at 11,914 units in February 2023 but improved to 15,611 units in the past month. Total commercial vehicle sales thus improved 16 percent YoY to 51,978 units in February 2024 from 44,870 units sold in February 2023.Bajaj Auto Sales FY 2024 – YTD Feb 2024Positive growth both in the 2 wheeler and CV segments and in both domestic and global markets steered the company to a total of 3,46,662 units in the past month out of which 2,06,894 units were sold in domestic markets while 1,39,768 units were exported.Bajaj Auto YTD Sales – April 2023 to February 2024Taking the period April 2023 to February 2024 into account, Bajaj Auto Limited has seen improved sales in domestic markets while its exports showed some decline. This was seen both in terms of 2 wheeler and CV sales.In domestic markets, two wheeler sales grew by 25 percent YTD to 20,67,581 units in the April-February 2024 period, up 25 percent over 16,53,596 units sold in the same period last year. Exports however, fell by 13 percent to 13,46,457 units down from 15,42,241 units shipped in the April-February 2023 period. Though due to increased domestic sales, total 2 wheeler sales ended on a positive note up 7 percent to 34,14,038 units in April-February 2024.The company’s CV range also saw higher demand locally with a 60 percent YTD growth to 4,26,749 units sold in April-February 2024 period, up from 2,66,499 units sold in the same period last year. A YTD de-growth of 17 percent was reported for exports to 1,44,242 units in the April-February 2024 period though total CV sales (domestic + exports) improved by 30 percent YTD t0 5,70,991 units from 4,40,453 units sold in the April-February 2023 period.Total sales (domestic + exports) (2 wheeler + CVs) thus went up 10 percent on a YTD basis to 39,85,029 units from 36,36,290 units sold in April-February 2023. This included 24,94,330 units sold in domestic markets, a 30 percent YTD growth along with exports of 14,90,699 units. Total exports dipped 13 percent over 17,16,195 units shipped in the April-February 2023 period. More

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      2024 Honda Fireblade Launch Price 2.4m Yen (Rs 13.75 L)

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      2024 Honda FirebladeHonda CBR1000RR-R Fireblade new 2024 model is available at a starting price of 2,486,000 yen (approx. Rs 13.75 lakh)Honda has updated the CBR1000RR-R Fireblade with the new 2024 model that gets visual improvements and enhanced performance. CBR1000RR-R is the flagship bike in Honda’s super sports CBR series. Honda has also introduced the 2024 model of CBR1000RR-R Fireblade SP variant, priced at 2,849,000 yen (approx. Rs 15.75 lakh).2024 Honda Fireblade – Improved stylingWhile the core silhouette remains largely the same as earlier, 2024 Honda Fireblade gets newly designed winglets, middle cowl and under cowl. The visual enhancements are also functionally relevant, as they work to improve the bike’s aerodynamics.2024 Honda FirebladeThe sporty fairing with exciting graphics and decals remains to be one of the key USPs of the bike. Both the standard and SP variants have the Grand Prix Red colour option. The standard version has USD forks in black, whereas the SP variant gets golden USD forks. The SP variant gets an additional shade of Matte Pearl Morion Black.New two-motor throttle-by-wire (TBW) system2024 Fireblade is Honda’s first bike to get a new two-motor throttle-by-wire (TBW) system. The two motors work to open and close the throttle valve, thereby allowing independent control of the dual cylinder pairs. The new two-motor throttle-by-wire (TBW) system works in combination with other mechanical updates introduced with the bike.2024 Honda FirebladeFor example, changes have been introduced in the camshaft’s valve timing and lift and the shape of the piston head. These updates have helped improve the compression ratio from 13.4 to 13.6. From the rider’s perspective, acceleration performance will be better in the medium speed range. Handling has been enhanced for easier control. Especially in the lower throttle opening range during acceleration. Users can also notice increased engine braking effectiveness during deceleration.2024 Honda FirebladeHonda has also tweaked the shape and weight of the crankshaft. This has been done to reduce the mass of inertia. Users can expect a better connect with the throttle operation and engine response. The updates also allow improved follow-up performance. Changes have also been introduced to the transmission’s gear ratios. The electronic control equipment gets the necessary updates to support the mechanical tweaks performed on the engine.To achieve a higher power to weight ratio, 2024 Honda Fireblade uses lightweight frame body components. Honda has also focused on improving the bike’s rigidity to achieve better turning performance and ground feel.2024 Honda Fireblade2024 Honda Fireblade engine specsBoth the standard and SP variants of 2024 Honda Fireblade get power from a 999cc, liquid-cooled 4-stroke DOHC 4-valve parallel 4-cylinder engine. It generates 218 PS of max power and 113 Nm of peak torque. The engine is mated to a 6-speed gearbox. 2024 Honda Fireblade has mileage of 15.4 km/l, as per WMTC standards. While the standard edition weighs 200 kg, the SP variant is 1 kg heavier.2024 Honda Fireblade SP variant gets additional features such as quick shifter, Brembo front brake calliper and Ohlins electronically controlled suspension. It also calculates and displays the ideal preload values for the front and rear suspension, based on the rider’s weight. More

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      2024 Bajaj Pulsar NS125 Launched – Walkaround Of New Features

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      2024 Bajaj Pulsar NS 125. Image – Dev MtrUpdates for 2024 Pulsar NS125 include refreshed headlamp, new digital instrument console, USB charging, ABS and connectivity featuresBajaj is in the process of updating its Pulsar range, the biggest contributor to the company’s domestic sales. After launching the new Pulsar NS160 and NS200, Bajaj has introduced the 2024 Pulsar NS125. Launch price of 2024 Pulsar NS125 is Rs 1.05 lakh, which is around Rs 5,000 more than the outgoing model.2024 Bajaj Pulsar NS125 – What’s new?While there are no extensive changes to the design and styling, the new 2024 Bajaj Pulsar NS125 does get an updated headlamp setup. New LED DRLs in lightning bolt pattern enhance the bike’s sporty profile. The headlamp casing on the outgoing model has a similar design, but the edges are not so eye-catchy.2024 Bajaj Pulsar NS 125The front fascia of the 2024 model is significantly enhanced with the updated styling of the headlamp setup. Vertically positioned at the centre of the headlamp casing are the low and high beams. Another change can be seen in the multi-layered design of the compact visor. It gets more detailing and a sharper profile in comparison to that of the outgoing model.2024 Pulsar NS125 – New instrument consoleAs compared to the outgoing model that has a semi-digital instrument console, the new Pulsar NS125 gets a fully digital unit. It supports smartphone connectivity, allowing users to access calls and messages on the go. The instrument cluster also displays the phone’s battery level.2024 Bajaj Pulsar NS 125Other info displayed on the screen includes odometer, rev counter, trip meter and fuel gauge reading. Bajaj has also introduced USB charging to make things even more convenient or users. Safety has been improved with the addition of ABS.2024 Bajaj Pulsar NS 125Most other features are the same as earlier. 2024 Bajaj Pulsar NS125 has sleek turn indicators, wide handlebar, sporty rear-view mirrors, sculpted fuel tank with tank shrouds, engine cowl, underbelly exhaust and short tail section. The bike has a sporty step-up seat, split grab rails and attractive graphics and decals. Colour options are the same as earlier – Orange, Red, Blue and Gray.2024 Bajaj Pulsar NS125 – Specs, performanceMechanical specifications remain the same as earlier for 2024 Bajaj Pulsar NS125. The bike has telescopic front forks and a 5-step monoshock suspension at rear. Braking setup comprises 240 mm disc at front and 130 mm drum at rear. The outgoing model was equipped with CBS. Pulsar NS125 has 17-inch wheels at both ends, shod with 80/100 front and 100/90 rear tubeless tyres. Seat height of 805 mm seems appropriate for adequate control and handling. The bike weighs 144 kg and has a ground clearance of 179 mm.[embedded content]Power is supplied via a 124.45 cc, 4-stroke, SOHC 4-Valve, air cooled, DTS-i Ei Engine. It generates 11.80 hp of max power and 11 Nm of peak torque. The engine is mated to a 5-speed constant mesh transmission. The bike will continue to rival the likes of Hero Xtreme 125R and TVS Raider 125. More