In the first month of FY25, sales figures for the top six two-wheeler companies in India were revealed. All OEMs showcased varying performances. Hero MotoCorp, the leading player, experienced a remarkable surge. Other brands include TVS Motor Company, Bajaj, Suzuki, and Royal Enfield. These sales figures provide insights into the competitive landscape of the Indian two-wheeler industry.Let’s have a look at the top 6 brand’s bikes and scooter sales in April 2024.Hero Sales: + 34.7% YoY In April 2024, Hero MotoCorp saw an impressive increase in sales. 533,585 units were sold, up 34.7% from sales in April 2023. Also, the company has improved from sales in March 2024, which increased by 9%. Significantly, Hero's motorcycles, especially the Hero Extreme 125R, became popular and led to mass production. Domestic sales increased by 32.90%, to 513,296 units, while exports grew by an impressive 104.47%. Hero’s new flagship model, the Maverick 440, made a huge impact.Honda Motorcycle & Scooter India Sales: +42.2% YoY Last month, Honda Motorcycle & Scooter India saw a significant surge in sales, with a 34.3% increase compared to March 2024, selling 3,58,151 units. Compared to April 2023, the increase was even more substantial, at 42.2%, with sales reaching 3,38,289 units. Honda's updated Africa Twin design has been patented in India, indicating the company's focus on innovation.TVS Sales: + 27% YoY TVS Motor Company achieved a robust 27% growth in total two-wheeler sales compared to April 2023. It sold 3,74,592 units, up from 294,786 units a year ago. Motorcycle sales increased 24%, compared to 1,52,365 units in April 2023 It reached 1,88,110 units.Scooter sales also increased by 34% to 1,44,126 compared to 1,07,496 last year, indicating high consumer demand. Domestic sales grew 29%, with 3,01,449 units sold, while exports rose 18% to 73,143 units. These sales figures reflect TVS’ strong performance and good market performance.Bajaj Sales: + 19% YoY Bajaj two-wheeler sales rose 19% in April 2024 as compared to April 2023. The company’s total sales were 3,41,789, up from 2,87,985 in the previous year. Domestic sales rose 19%, 2,16,950 units, while exports also rose 18% to 1,24,839 units. This means that there is a huge demand for Bajaj motorcycles and scooters in India and internationally.Suzuki Sales: + 31% YoY Suzuki continued its strong sales run in April 2024, marking its fourth month of over 80,000 sales. They registered an increase of 2.20% from March 2024, selling 86,164 units. Compared to April 2023, Suzuki grew by 31%, with 67,259 units. Recently, Suzuki achieved a milestone by passing the 8 Million unit production mark.Royal Enfield Sales: + 12% Royal Enfield, the iconic Indian motorcycle maker, reported strong sales, totalling 81,870 units, up 12% from April 2023. The sub-350cc segment, which includes models like the Bullet and Classic, saw 13% growth with 72,866 units sold. Sales of bikes above 350cc, including Himalayan and 650 Twins, rose 7% to 9,004 units. Notably, exports increased by 61% to 6,832 units, reflecting Royal Enfield’s global expansion. Before you go, don’t forget to check out the recently launched 2 new electric scooters of Odysse. Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fbInstagram- https://bit.ly/BikeJunction_ofl_insta Twitter - https://bit.ly/BikeJunction_ofl_twitter
