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Royal Enfield Releases December 2023 Sales Reports

Published at January 2, 2024 by BikeJunction

The iconic Indian motorcycle manufacturer Royal Enfield posted their results for December 2023 sales. While overall sales dipped to 63,384 units or 7.33% compared to the same month last year. Moreover, based on MoM, the Royal Enfield has de-growth around 80,251 bikes in November 2023.
 

Royal Enfield Dec-2023Dec-2022DiffGrowth % of YoY% Share Dec-2023
< 350cc55,40161,223-5,822-9.5187.40
> 350cc7,9867,17780911.2712.60
Domestic 57,29159,821-2,530-4.2390.38
Exports 6,0968,579-2,483-28.949.62
Total 63,38768,400-5,013-7.33100.00

 

Royal Enfield Dec-2023Dec-2022DiffGrowth % of MoM% Share Dec-2023
< 350cc55,40174,275-18,874-25.4192.55
> 350cc7,9865,9762,01033.637.45
Domestic 57,29175,137-17,846-23.7593.63
Exports 6,0965,11498219.206.37
Total 63,38780,251-16,864-21.01100.00


Moreover, the Sub 350cc segment has seen a decline in YoY and MoM reports. This segment includes bikes like Bullet, Hunter, Classic, Meteor and Electra. In December 2022, 61223 units were sold, meanwhile, 55401 units were sold this year. Apart from this, the company lineup has an 87.40% share in the Sub 350cc segment. Moreover, the Royal Enfield has also seen a fall in MoM sales by 25.41% in November.
 

Royal Enfield bikes above 350cc such as Himalayan, Super Metor and 650 Twin have experienced a growth in YOY sales. Last year 7177 bikes were sold however, 7986 units were sold this year by 11.27%. Moreover, in MoM sales, it also grew by 33.63% 5976 bikes sold in November 2023.
 

Here are the details of YoY and MoM sales of Domestic and Exports.
 

Royal Enfield FY24 YTDFY23 DiffGrowth % YoY% Share FY 2024
< 350cc6,11,9475,40,58971,35813.2089.33
> 350cc73,11275,781-2,669-3.5210.67
Domestic 6,30,2735,42,81887,45516.1192.00
Exports 54,78673,552-18,455-25.518.00
Total 6,85,0596,16,37068,68911.14100.00

 

Royal Enfield sales are up 11% in YTD sales, but smaller bikes lead the charge:
 

Before you go, don’t forget to check out the Triumph Speed 400 price details from January 1 2024.

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India Welcomes the BMW F 900 GS, Starting at Rs. 13.75 Lakh
September 17, 2024

BMW F 900 GS arrives in India and challenges the adventure motorcycle segment. It is priced at Rs 13.75 lakh and boasts performance and technology par excellence. This new bike is powered by an 895cc parallel twin engine that churns out 105 horsepower, and it has dynamic riding modes with all electronic assistance systems. The F 900 GS is a soundly built motorbike to cater for adventure enthusiasts who want a versatile, rugged, customisable motorcycle. The bike can take on all the rigours of action, as well as any road conditions and off-road conditions, seamlessly.  Highlights:F 900 GS priced at Rs. 13.75 lakh.F 900 GS Adventure costs Rs. 14.75 lakh.Both models are fully built units.Deliveries start in October 2024.Upgraded 895cc engine with 105 horsepower.  BMW Motorrad has launched the F 900 GS and F 900 GS Adventure in India. The F 900 GS is priced at 13.75 lakhs, and the F 900 GS Adventure is priced at Rs 14.75 lakhs, ex-showroom. These adventure bikes will be offered as fully built units (CBU), and deliveries will start in October 2024.  Upgrades and Variants of the BMW F 900 Twins The F 900 Twins is the successor to the F 850 GS and comes with all the important upgrades. Both models are equipped with an 895cc twin-cylinder engine, replacing the old 853cc engine. The new engine offers increased power and torque, with 105 hp at 8,500 rpm and 93 Nm at 6,750 rpm, paired with a six-speed transmission. The engine is mounted on a bridge-type frame and is connected to the rear wheel by an aluminium swingarm. It is directly attached to the central spring strut.  When it comes to dimensions, weight, and other characteristics, the two models are different, as each meets different needs. The standard F 900 GS is more off-road oriented, with as little rally-style bodywork as necessary, a kerb weight of 226kg, and a 14.5-litre fuel tank, which is significantly smaller.   The Adventure, on the other hand, is more versatile and comes with a larger 23-litre tank, plus a bigger seat. As it would turn out, both motorcycles come loaded with standard BMW features, including multiple riding modes, power modes, traction control, ABS, a bi-directional quick shifter, and a big 6.5-inch colour TFT display.  The BMW F 900 GS is available in two variants: Style Passion in Sao Paulo Yellow and GS Trophy in Lightweight/Racing Blue Metallic. In contrast, the F 900 GS Adventure is available in Black Storm Metallic and White Aluminum Matt.Before you go, have a look at the New Yamaha R15M Carbon Fibre Model launched at Rs 2.08 lakh 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  

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Top 5 Latest Launches in India in September 2024
September 17, 2024

September 2024 has been an exciting month for bike enthusiasts in India, with several new two-wheelers hitting the market. From sporty models to affordable commuters, manufacturers have launched a variety of options to suit different riders. These new bikes offer advanced features, stylish designs, and improved performance. Let’s explore the top 5 latest launches in India in September 2024. Why Manufacturers Launch Two-Wheelers Around the Festive Season? Manufacturers launch two-wheelers around the festive season because people are more likely to make big purchases during these times. Festivals like Diwali and Dussehra are seen as lucky times to buy new things, including bikes and scooters.  Moreover, many people also receive bonuses or extra income during this period, which makes it easier for them to afford a new vehicle. To attract buyers, companies often offer special discounts, new models, and promotions. This festive shopping boost helps manufacturers increase sales and clear out older stock. Hero Xtreme 160R 2V Launched Hero MotoCorp has launched the 2024 Xtreme 160R 2V in India at a price of Rs. 1.11 lakh, making it Rs. 10,000 cheaper than before. The price cut might be aimed at boosting sales ahead of the upcoming festive season. Moreover, the bike is built on the existing Xtreme 160R platform but now comes with a two-valve engine setup. Some other minor updates include a redesigned H-shaped tail light, a flatter pillion seat, and the addition of a drag race timer. Yamaha R15M Carbon Fibre Edition & MotoGP Edition LaunchedYamaha has launched two exciting new variants of the R15M in India, including the R15M MotoGP Edition at Rs 1.98 lakh and the R15M Carbon Fibre Edition at Rs 2.08 lakh. The MotoGP edition flaunts the Monster Energy Yamaha MotoGP team’s striking black, blue, and silver livery. On the other hand, the Carbon Fibre Edition mimics the premium R1M with a water-dipped carbon fibre pattern.  Both models feature a 155cc, liquid-cooled engine that delivers 18bhp. Moreover, these bikes offer enhanced tech, including a TFT display with Bluetooth connectivity, turn-by-turn navigation, and music control via the Yamaha Y-connect app. Royal Enfield Bullet 350 Unveiled in New ColourRoyal Enfield has expanded its iconic Bullet 350 lineup with a new Battalion Black colour option. This RE bike is priced at Rs 1.74 - 2.16 lakh, and this latest shade is Rs 1,000 more than the Military Black. However, there are no mechanical differences between the two. It is powered by a 349cc air-cooled engine delivering 20.2 bhp and 27 Nm of torque. Moreover, the heritage and strong brand recall make the Bullet 350 a beloved bike in the RE lineup. 2024 TVS Apache RR 310 LaunchedTVS Bikes has launched the 2024 Apache RR 310 in India at Rs 2.75 lakh (ex-showroom). The bike features new 'Apache' decals and comes in Racing Red and Bomber Grey colours. Moreover, notable additions include winglets for 3kg of downforce and a transparent clutch cover. It comes with a 312.2 cc engine that now offers 38bhp, with enhancements for better performance.  Apart from this, the bike also features LED lighting, a TFT display, and Bluetooth connectivity. TVS offers two upgrade kits, including Dynamic and Dynamic Pro that offer enhanced suspension and advanced rider aids. You can book Apache RR 310 now at TVS showrooms. BMW F900 GS LaunchedBMW Motorrad has launched the F 900 GS and F 900 GS Adventure at a price tag of Rs. 13.75 lakh and Rs. 14.75 lakh, respectively. These adventure bikes are powered by an 895cc twin-cylinder engine that produces 105bhp and 93Nm torque.  The F 900 GS is designed for off-road riding, with a lighter weight of 226kg and a smaller 14.5-litre fuel tank. Meanwhile, the Adventure model has a bigger 23-litre tank, which makes it a better option for long trips. Both bikes come with advanced tech like traction control, ABS, multiple riding modes, and a 6.5-inch TFT display. Deliveries of these BMW bikes will start in October 2024.Before you go, don’t forget to check out the new colour options unveiled for upcoming Hero Destini 125.Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fbInstagram-  https://bit.ly/BikeJunction_ofl_instaTwitter - https://bit.ly/BikeJunction_ofl_twitter 

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Triumph Speed T4 Launched in India: Price Starting From Rs. 2.17 Lakh
September 17, 2024

Triumph India has launched a new bike called the Speed T4 at a price of Rs. 2.17 lakh. This is now the most affordable Triumph bike you can buy in India. The Triumph Speed T4 is Rs. 17,000 cheaper than the Speed 400. To reduce the price, Triumph has removed some premium features. Apart from this, it competes with other bikes like the Royal Enfield Scram 411 and RE Guerrilla 450. Engine Performance & Specifications Triumph Speed T4 comes with a 398.15cc, single-cylinder, liquid-cooled TR-series engine. Triumph has made this engine 10% more fuel efficient than the Speed 400. However, because of this change, the Speed T4 produces a bit power of 30.6 bhp and 36 Nm of torque. The ride-by-wire throttle system is the same. Meanwhile, the Speed T4 top speed is decreased to 135 kmph, which is 10 km/h less than the Speed 400 bike. Furthermore, the bike has a telescopic fork at the front and a gas-charged monoshock with preload adjustment at the rear end. The Speed T4 has disc brakes at both the front and back with Bybre axial units. The tyres have been switched to more affordable MRF Zapper FX2 rubber. What are the Design Changes in the New Triumph Speed T4?Triumph India has kept the Speed T4's design almost the same as that of the Speed 400. It still feels like a premium bike. The sporty bar-end mirrors from the Speed 400 have been replaced with regular mirrors. It is still a good option and might be liked by some Speed 400 owners. Triumph Speed T4 also comes in three new colors: Pearl Metallic White, Phantom Black, and Cocktail Red Wine. Additionally, the seat has been improved with 10 mm thicker foam for more comfort. Before you go, don’t forget to check out the recently launched BMW F 900 GS bike.Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fbInstagram-  https://bit.ly/BikeJunction_ofl_instaTwitter - https://bit.ly/BikeJunction_ofl_twitter 

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