Drum Brake Electric Scooters

FADA (Federation of Automobile Dealers Associations) has announced its August 2024 sales report that registered a YoY increase of 6.28 % and a MoM decline of 7.29 %.  CategoryAugust 2024August 2023YoY %July 2024MoM %2-Wheeler1,338,237 1,259,1406.28%1,443,463-7.29% In August 2024, the industry clocked in a total sales volume of 1,338,237 units, whereas in August 2023, the industry saw sales of 1,259,140 units. This resulted in a 6.28% increase in YoY growth. However, a 7.29% decline in MoM sales is seen, as in July 2024, sales figures were 1,443,463 units. OEM-wise Market Share Data for August 2024 with YoY % 2-Wheeler OEMs Sales Figures & Market Share in August 2024 Hero MotoCorp LTD sold the most two-wheelers in August 2024, with 358,616 units. This is 2.87% more than the 348,613 units they sold in August 2023. However, their market share dropped by 3.21%. Honda Motorcycle and Scooter India came in second, selling 352,605 units in August 2024. This is a 13.37% increase from the 311,026 units they sold in August 2023. Their market share grew by 6.67%. TVS Motor Company Ltd was third, selling 236,597 units in August 2024 compared to 225,576 units sold in August 2023. Their sales increased by 4.89%, and the market share decreased by 1.31%. Bajaj Auto Ltd showed a marginal 0.35% growth in sales, selling 149,031 units in August 2024 compared to 148,516 last year. Its market share dropped slightly to 5.58%. Suzuki Motorcycle India witnessed a strong growth of 14.12% YoY, with 79,307 units sold in August 2024, compared to 69,492 in August 2023. Suzuki’s market share also rose to 7.38%. Royal Enfield motorcycles experienced an 8.06% decline in sales, with 54,810 units sold in August 2024, down from 59,612 last year. Its market share decreased to 13.49%. Yamaha India sold 51,996 units in August 2024, which is a 4.12% increase from 49,937 units in August 2023. However, their market share declined to 2.03%.  In August 2024, Ola Electric reported total sales of 27,517, a whopping 46.76% increase compared to August 2023 sales of 18,750 units. Moreover, the company also gained a 38.08% market share rise.  Ather Energy Pvt Ltd sold 10,830 units in August 2024. For comparison, the company registered sales of 7,157 units in August 2023, reporting an increase of 51.32%. Moreover, on the market share front, the company also experienced an increase of 42.38% this month. Greaves Electric Mobility Pvt Ltd clocked in a total sales unit of 2,816 in August 2024, as compared to 2,926 units sold in August 2023. Due to this, the company saw a decline of 3.76% this month. Apart from this, the company also experienced a decline in its market share by 9.45% for August 2024.  Piaggio sold 2,712 units in August 2024, a 9.63% decrease from the 3,001 units sold in August 2023. The company’s market share also dropped slightly to 14.97%. Classic Legends, which offers retro-style motorcycles, sold 2,058 units in August 2024. This represents a 13.13% decline from the 2,369 units sold in August 2023. Their market share also fell to 18.26%. The "Others Including EV" category showed the biggest decline, dropping by 23.21% YoY, with sales of 9,342 units, down from 12,165 in August 2023. Before you go, don’t forget to check out the top 5 highlights of the recently launched Jawa 42 FJ bike. Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fb   Instagram-  https://bit.ly/BikeJunction_ofl_insta   Twitter - https://bit.ly/BikeJunction_ofl_twitter  

September 2024 brings exciting discounts on some of the best two-wheelers in India. If you're looking to buy a new bike or scooter, this is the perfect time to save money. Many top brands are offering special discounts this month that make it easier to get your dream ride at a lower price. In this list, we highlight the top five two-wheelers available for discounts in India.  Benefits of Discounted Two-wheelersBuying discounted two-wheelers can save you a lot of money. With discounts, you can get a high-quality bike or scooter at a lower price. This makes it easier to afford a new ride without spending too much. Plus, you still get the benefits of the bike’s features and performance.  2024 Kawasaki Ninja 300 Kawasaki is offering a Rs 10,000 discount on the Ninja 300 sportbike. The discount is provided as a voucher, which can be used to reduce the bike's ex-showroom price from Rs 3.43 lakh. This offer is available only until 30 September 2024.   The Ninja 300 has a 296cc engine that produces 38.88 bhp and 26.1 Nm of torque. Moreover, it features a six-speed gearbox with an assist and slipper clutch. The bike also comes with disc brakes with dual-channel ABS.  Electric Scooters Under EMPs scheme The Ministry of Heavy Industries launched the Electric Mobility Promotion Scheme in March. It provides a Rs 10,000 subsidy on the ex-showroom price of certain electric two-wheelers. However, this offer is only available until 30 September, and there is no news of an extension.   If you're thinking of buying an electric two-wheeler, now is a good time to get a discount. This scheme is eligible for some premium models. It includes the Ather 450X, Ather Rizta, Ola S1 Pro, TVS iQube, Bajaj Chetak, and Vida V1 Pro.  Kawasaki Ninja 500 Kawasaki India is offering a discount of Rs 10,000 on the Ninja 500. It is valid from 1 September to 30 September, and the price includes GST. The Ninja 500 replaced the Ninja 400. It gets a 451cc parallel-twin, liquid-cooled engine, churning out 44.7 bhp and 42.6 Nm of torque. Besides that, the bike gets a six-speed gearbox.  Honda Activa 6G Honda dealers in India are offering a Rs 3,000 discount on the Activa 6G after TVS launched the new Jupiter 110. The Activa 6G has a 109.51cc engine that produces 7.68 bhp and 8.79 Nm of torque. It comes with an automatic transmission and a clutch.   Moreover, the scooter has a durable metal body that makes repairs easy. It features a bigger tail section and a new external fuel cap, similar to the Activa 125. The Activa 6G is popular because it's affordable, practical, and suitable for everyone.  Kawasaki Ninja 650 Kawasaki India is offering a discount of Rs 25,000 on the Ninja 650. This offer is valid on the ex-showroom price of Rs 7.12 lakh. From 1 September to 30 September, the offer will go live. The Kawasaki Ninja 650 has gained updates over time and presently gets a 649cc parallel-twin engine. Moreover, this engine churns out 67.07 bhp and 64 Nm of torque. The bike comes with a six-speed gearbox.Before you go, don’t forget to check out the newly launched Jawa 42 FJ bike in India. Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fb   Instagram-  https://bit.ly/BikeJunction_ofl_insta   Twitter - https://bit.ly/BikeJunction_ofl_twitter