In September 2023, Indian 2-wheeler manufacturers reported the following sales figures:
Hero Moto Corp recorded a total of 536,499 2-wheeler sales, showing a 3.18% year-over-year (YoY) increase compared to 519,980 units.
Royal Enfield reported sales of 78,580 units, marking a 4.28% YoY decrease from the 82,097 units sold. Notably, the company’s exports plummeted by a substantial 49% YoY.
TVS Motors experienced a 7% YoY growth in total two-wheeler sales, rising from 361,729 to 386,955 units. Meanwhile, domestic sales grew by 6%, and exports increased by 8% YoY.
Suzuki Motorcycles achieved sales of 97,936 units, marking a significant 16.87% YoY increase compared to the 83,798 units sold.