Suzuki 2W March 2024 Sales, Sold 86,164 units in India

Key Highlights:

• Suzuki recorded robust 6.2% sales in March 2024 compared to March 2023.
• Total sales for March 2024 stood at 103,669 units.
• Despite a decline in export sales, the company managed to achieve growth in the domestic market.

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the leading two-wheeler manufacturer in India, has showcased its dominant presence with impressive monthly growth in the market. Though the YoY export sales have declined drastically, the brand has shown remarkable growth in domestic production on a monthly, as well as yearly basis.

Kenichi Umeda, Managing Director, Suzuki Motorcycle India, stated, “We are extremely thankful to all our customers, dealer partners, suppliers and SMIPL team members for their support in achieving the highest ever sales in FY2023-24. SMIPL’s performance in FY2023-24 showcases the immense trust and confidence that customers have shown upon Suzuki two-wheelers. As we continue to innovate and expand our offerings, we look forward to further strengthening our position in the Indian two-wheeler market.”

Suzuki Motorcycle YoY Sales Performance

Suzuki	March 24	March 23	Growth%
Domestic	86,164	73,069	17.9%
Export	17,505	24,515	-28.59%
Total	1,03,669	97,584	6.23%

Domestic sales showcased remarkable growth, surging by 17.9% with 86,164 units sold within March 2024 compared to 73,069 in March 2023. The sales reflects demand and consumer interest for the offering of Suzuki two-wheelers.

If we look at the export sales of the brand in March 2024, then it has declined up to 28.59% with 17,505 units being sold in March 2-24 compared to 24,515 units in April. Suzuki needs to focus on its export strategy by examining the causes and implementing potential strategies for better results.

Suzuki Motorcycle YTD Sales Performance

Suzuki	April- March 24	April-March 23	Growth%
Domestic	9,21,009	7,30,756	26.03%
Export	2,12,893	2,07,615	2.54%
Total	11,33,902	9,38,371	20.8%

Suzuki’s overall performance for FY2024 has witnessed impressive growth of 20.8% with a total 11,33,902 units being sold from April 2023 to March 2024. Compared to the FY2024 production, Suzuki has sold 9,38,371 total units from April 2022 to March 2023.

Domestic sales played a pivotal role in driving this growth, exhibiting a substantial 26.03% growth in fiscal year 2023-24. Although export sales saw a more modest growth rate of 2.54%, this still contributes positively to the company's overall performance.

Suzuki Motorcycle MoM Sales Performance

Suzuki Sales	March 24	February 24	Growth%
Domestic	86,164	83,304	3.43%
Export	17,505	14,131	23.87%
Total	1,03,669	97,435	6.39%

March 2024 witnessed a marginal 3.43% increase in domestic sales with 86,164 units being sold compared to February 2024, indicating sustained demand momentum. Export sales, on the other hand, experienced a significant surge of 23.87% month-over-month with 17,505 units being sold, suggesting potential recovery or market expansion in international markets.

Overall, March 2024 saw a 6.39% increase in total sales compared to February 2024, reflecting a healthy performance across both domestic and export markets on a MoM basis.

Also Read: Royal Enfield March 2024 Sales, Showcased 2.4% MoM Growth

Key Insights and Product Line

• The domestic market remains the primary driver of Suzuki Motorcycle's growth, with consistently strong performance throughout the analysed periods.
• Despite challenges in the export market, particularly in March 2024, the company's overall growth trajectory remains positive, indicating resilience and adaptability.
• Kenichi Umeda's acknowledgment of stakeholders' contributions underscores the collaborative effort driving SMIPL's success and highlights the importance of customer trust and innovation in sustaining market leadership.
• Moreover Suzuki has launched V-Strom 800DE globally. The bike has influenced not only Suzuki’s sales performance of March 2024, but will influence the overall sales performance of upcoming months. 
• Currently in India, Suzuki offers three two-wheeler segments named Motorcycle, Scooter and Big Bikes.
• The motorcycle segment of Suzuki offers Gixxer SF 250, Gixxer SF, and V-Strom SX.
• In the Big Bikes segment the brand offers Katana, Hayabusa, and V-Strom 800DE. 
• For the Suzuki Motorcycle Scooter enthusiasts Suzuki offers Avenis Access 125, Burgman Street, and Burgman Street EX.

CarBike360 Says

Suzuki has achieved impressive sales in Fiscal Year 2023-2024, which was influenced by increasing domestic demand and supported by modest growth in export markets. Despite facing challenges in certain periods, the company's overall performance reflects its strong dominant position in the Indian two-wheeler market. Moving forward, continued focus on innovation, customer satisfaction, and market expansion will turn out game changing strategies for sustaining growth and strengthening Suzuki's market presence.

The latest generation of the Hero Splendor commemorates the 30th anniversary of the world's highest-selling motorcycle, featuring several premium and segment-first upgrades. This new model retains the classic Splendor silhouette while introducing contemporary enhancements such as a new LED headlamp with a high-intensity position lamp (HI PL) and an H-shaped signature taillight for a distinctive look.

Hero Splendor+ XTEC 2.0 New Features

The Hero Splendor+ XTEC 2.0 comes equipped with:

• Digital Speedometer: Includes an eco-indicator for better fuel efficiency tracking.
• Instrument Console: Features a Real-Time Mileage Indicator (RTMI) and Bluetooth connectivity for calls, SMS, and battery alerts.
• Safety Upgrades: Incorporates hazard lights for increased safety.
• Convenience Enhancements: Offers USB charging, a longer seat for improved comfort, and a larger glovebox with a hinge-type design.
• Aesthetic Updates: Available in a new dual-tone paint scheme.

Official Statement

Ranjivjit Singh, Chief Business Officer - India BU, Hero MotoCorp, remarked on the launch:

"Splendor is an iconic brand with an unmatched leadership spanning 30 years. The motorcycle has won millions of hearts and continues to encourage India's growth by empowering people through accessible mobility.

Splendor's enduring success is a testament to Hero MotoCorp's continuous innovation, brand trust, and product reliability. A perfect blend of iconic design, latest technology, and practicality, the Splendor is an emotion, a symbol of progress, and the unwavering aspirations of 40 million happy customers."

Hero Splendor+ XTEC 2.0 Engine Specifications

The new-generation Splendor+ XTEC is powered by the well-known 100 cc engine, producing 7.9 bhp at 8,000 rpm and 8.05 Nm of peak torque at 6,000 rpm. It features the Idle Stop Start System (i3S) for improved fuel economy, with a claimed efficiency of 73 kmpl.

Additionally, the service interval has been extended to 6,000 km, significantly reducing the running cost. Hero MotoCorp offers a warranty of 5 years or 70,000 km. The Splendor+ XTEC 2.0 is available in three dual-tone colors: Matte Grey, Gloss Black, and Gloss Red.

MG Gloster has been in the Indian market since 2020 and it has been rivaling the SUVs like Toyota Fortuner, Skoda Kodiaq, Hyundai Tucson, etc. However, it was due for a mid life facelift for a long time. Finally, MG is all set to give its flagship SUV a comprehensive makeover in the coming few months in the form of 2024 MG Gloster facelift.

Based on the Maxus D90, from the house of SAIC Motors, the Gloster 2024 will come with a completely new front and rear end. On the design front, it will get vertically placed LED headlamps, horizontal placed slim LED DRLs, a massive hexagonal grille and rugged cladding all around the SUV.

Moreover, the front facing radar integrated into the grille along with the front windshield mounted camera confirms the presence of level 2 ADAS with camera + radar configuration.

Although not confirmed, we also expect self/auto parking feature in the 2024 MG Gloster facelift because of the front ultrasonic parking sensors.

Additionally, the facelifted MG Gloster is expected to continue with the same engine and transmission with no mechanical changes.

Also Read: 2024 MG Gloster Facelift Spied: A Sneak Peek into MG's Flagship SUV

Key Highlights:

• VinFast VF 3: Electric subcompact SUV with 42 bhp powertrain.
• 27,649 reservations in 66 hours for VF 3.
• 210 km per charge, DC charger charges in 36 minutes.
• Two-door, four-seat layout, 191 mm ground clearance.
• VND 322 million, rivals MG Comet, Tata Punch.

VinFast VF 3: VinFast has recently revealed the detailed specs of the upcoming hatchback VF 3. The VinFast VF 3 is an electric sub-compact SUV that is set to rival cars like the MG Comet EV and Tata Punch EV in India. VinFast has two electric vehicles in its lineup to launch in India. The brand has already patented the VF 3’s design in India. According to the VinFast, they received around 27.649 bookings for the vehicle when they opened the pre-booking windows previously and these numbers were received in just 66 hours.

VinFast VF 3 Powertrain

The VinFast VF 3 comes equipped with an electric motor which is positioned on the rear axle. This powertrain generates a maximum power of 42 bhp and 110 Nm of torque. Talking about the acceleration, the VinFast VF 3 can sprint from 0 to 50 in just 5.3 seconds. The electric SUV is said to provide a range of 210 km on a solitary charge. For charging the E-SUV, a DC charger is expected to be on offer that will take around 36 minutes to charge the E-SUV.

VinFast VF3 Design

The electric SUV has a two-door configuration and a four-seat layout. Being a compact SUV, the VinFast VF 3 will come with an impressive ground clearance of 191 mm and a wheelbase of 2075 mm.

VinFast VF3 Price and Rivals

The VinFast VF3 comes with a price tag of VND 322 million (nearly Rs. 10.54 lakh). There is also a variant without a battery pack which is priced at VND 240 million (nearly Rs. 7.86 lakh). Additionally, there is a battery subscription on offer which is a more affordable option for the customers. Once launched in India, the VinFast VF 3 will rival the likes of MG Comet and Tata Punch. 
 

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BMW Motorrad is gearing up to launch its flagship adventure tourer, the R 1300 GS, in the Indian market. The motorcycle is now listed on BMW's India website and will be offered in three variants: Trophy, Triple Black, and Option 719 Tramuntana.

Variants and Features

GS Trophy and Triple Black

Also Read: 2024 BMW S 1000 XR Launched in India at ₹ 22.50 Lakh | Check Specifications and Features

Wheels: Both variants come with alloy wheels.

Tyres:

• Front: 120/70-R19
• Rear: 170/60-R17

The GS Trophy is equipped with dual-purpose tyres, while the Triple Black features road-biased tyres.

Option 719 Tramuntana

Wheels: Equipped with tubeless spoked rims.

Special Features

• Gold-anodised aluminium handlebars
• Gold-anodised rims
• Aurelius Green metallic paint scheme
• Exclusive Option 719 Shadow milled parts package

Engine and Performance

All three variants are powered by the same 1,300 cc boxer-twin cylinder engine, delivering:

• Power: 143 bhp at 7,750 rpm
• Torque: 149 Nm at 6,500 rpm

This engine is the most powerful boxer engine BMW Motorrad has ever used.

Chassis and Suspension

The R 1300 GS features an all-new chassis and suspension setup. Compared to its predecessor, the new design has resulted in a weight reduction of 12 kg. 

Riding Modes

The motorcycle comes standard with four riding modes:

• Rain: For wet conditions
• Road: For general riding
• Eco: Maximises fuel efficiency
• Enduro: Specifically for off-road riding

Additionally, riders can opt for 'Pro' modes for enhanced performance.

Standard Equipment

BMW Motorrad has equipped the R 1300 GS with a range of advanced features as standard, including:

• Full Integral ABS Pro
• Engine drag torque control
• Dynamic brake assist
• Ride-off assistant
• Dynamic Traction Control
• Dynamic Cruise Control
• USB socket
• Additional 12 V socket

Carbike360 Says

The BMW R 1300 GS, with its advanced features and powerful engine, is set to be a significant addition to the adventure tourer segment in India. The three variants offer distinct features catering to different riding preferences and styles.

Read More:: Wait For Tata Altroz Racer or Buy Hyundai i20 N Line? Here’s What You Should Know

Tata Altroz Racer: Tata Motors has been teasing the upcoming Atroz Racer for some time now. In a recent development, the brand released a new teaser featuring the sportier version of the hatchback. The Altroz Racer will hit the ground in the mid-June. Looking at the newly released teaser, we can get a clear idea of the features and design language of the upcoming hatchback. If you are curious to know more about the sporty hot hatch, get more details below.

Tata Altroz Racer New Teaser: Everything it Shows

The new teaser showcases some major design elements of the upcoming sports hatchback. Some noticeable things include a vibrant orange paint option with a blacked-out roof which looks similar to the one that was showcased at Auto Expo 2023. Additionally, there are black accents which can be seen on the bonnet, shoulder line, rear door handles and pillars which enhances the visual appeal of the hatchback.

Other noticeable design elements include a new dual white stripes that runs along the roof and bonnet. Also, there’s a Racer badging and shark fin antenna which looks simply great and makes it look like a real sports car in all terms.

Tata Altroz Racer: Features

The Atroz hatchback gets most of the modern features which include a 10.25-inch infotainment touchscreen display supporting Apple CarPlay and Android Auto, a 360-degree camera, a digital instrumental console, HuD, voice-controlled sunroof, connected car technology, a rear parking sensor and cruise control.

Tata Altroz Racer: Engine

the Atroz Racer will be powered by a 1.2 litre, 3-cylinder turbo petrol engine which makes 120 bhp of power and 170 Nm of torque. The 1.2-litre turbo petrol unit will be mated with a 6-speed manual and Dual Clutch Automatic gearbox (DCA) gearbox. Despite generating similar power figures, both the Hyundai i20 N Line and Altroz Racer will differ in performance, depending on the tuning.

Tata Altroz Safety Features

As far as safety is concerned, the Altroz Racer follows Tata’s standards with features such as 6 airbags, electronic stability control (ESC), TPMS, ISOFIX mounts, and 3-point seatbelts with reminders for all. Being an improved version of the standard Altroz, which scored 5 stars on Global NCAP crash tests, the Altroz Racer will definitely be safer in all terms.
 

Jawa Yezdi: Jawa Yezdi Motorcycles has launched the Mountain Pack for the Yezdi Adventure, adding touring accessories to the standard kit. Priced at ₹2.15 lakh (ex-showroom), the Mountain Pack was previously an optional accessory for ₹17,000 and is now included in the bike's ex-showroom cost. This offer coincides with the start of the mountain riding season and is available for a limited time.
 

Read More:: 2024 Jawa Perak and 42 Bobber Makes India Debut; Check New Upgrades and Other Details