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The April 2024 two-wheeler sales in India saw robust growth, with Hero and Honda leading domestic sales. Bajaj excelled in exports. Each brand showcased strong performance, emphasizing innovation and market adaptability.
Key Highlights:
The two-wheeler sales in India have showcased remarkable growth. Each OEM has showcased double digit growth in April, 2024. Looking at the overall sales report, we can say that Hero and Honda have been the top two players last month, followed by TVS, Bajaj, Suzuki, and Royal Enfield. Let's delve into the sales performance of each two-wheeler brand.
Domestic Sales | April 2024 | April 2023 | March 2024 | Growth% YoY | Growth% MoM |
Hero | 5,13,296 | 3,86,184 | 4,59,257 | 32.91 | 11.77 |
Honda | 4,81,046 | 3,38,289 | 3,58,151 | 42.20 | 34.31 |
TVS | 3,01,449 | 2,32,956 | 2,60,532 | 29.40 | 15.71 |
Bajaj | 2,16,950 | 1,81,828 | 1,83,004 | 19.32 | 18.55 |
Suzuki | 88,067 | 67,259 | 86,164 | 30.94 | 2.21 |
Royal Enfield | 75,038 | 68,881 | 66,044 | 8.94 | 13.62 |
Total | 16,75,846 | 12,75,397 | March 2024 | 31.40 | 18.59 |
Export Sales | April 2024 | April 2023 | March 2024 | Growth% YoY | Growth% MoM |
Bajaj | 1,24,839 | 1,06,157 | 1,30,881 | 17.60 | -4.62 |
TVS | 73,143 | 61,830 | 83,914 | 18.30 | -12.84 |
Honda | 60,900 | 36,458 | 28,304 | 67.04 | 115.16 |
Hero | 20,289 | 9,923 | 31,158 | 104.46 | -34.88 |
Suzuki | 11,310 | 21,472 | 17,505 | -47.33 | -35.39 |
Enfield | 6,832 | 4,255 | 9,507 | 60.56 | -28.14 |
Total | 2,97,313 | 2,40,095 | 3,01,269 | 23.83 | -1.31 |
Two Wheeler Total Sale | April 2024 | April 2023 | March 2024 | Growth% YoY | Growth% MoM |
Honda | 5,41,946 | 3,74,747 | 3,86,455 | 44.62 | 40.24 |
Hero | 5,33,585 | 3,96,107 | 4,90,415 | 34.71 | 8.80 |
TVS | 3,74,592 | 2,94,786 | 3,44,446 | 27.07 | 8.75 |
Bajaj | 3,41,789 | 2,87,985 | 3,13,885 | 18.68 | 8.89 |
Suzuki | 99,377 | 88,731 | 1,03,669 | 12.00 | -4.14 |
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