Honda keeps Hero in its sights with less than 27,000 units separating the two.
As we enter the final month of the year 2022, we bring you the monthly sales figures for the six heavyweights that dominate the petrol-powered two-wheeler marketplace. While all manufacturers have reported a decline in their numbers, Royal Enfield has managed to surpass Suzuki, despite retailing higher capacity products with more expensive price tags.
Hero MotoCorp: 3,79,839 units
Hero MotoCorp’s downward trend continues with it reporting sales of less than 4 lakh units for the first time since February 2022. Hero sold 3,79,839 units in November 2022, down a substantial 16.6% from the 4,42,825 figure it could manage in October 2022. However, compared to the 3,49,393 figure of November 2021, Hero managed to post a growth of 8.7%. Hero has also hiked the prices of its entire range w.e.f. December 1, 2022. Recently, Hero’s sub-brand Vida opened its first showroom in Bengaluru, where its maiden offering, the V1, is on display and can be booked.
Honda Motorcycle and Scooter India (HMSI): 3,53,540 units
HMSI’s monthly sales figures have shrunk too, from 4,25,000 units in October 2022 to 3,53,540 units in November of this year, marking a decline of 16.8%. However, year-on-year Honda’s numbers have reported an upward growth of 38%, when compared to the 2,56,174 units sold in November 2021.
TVS Motor Company: 1,91,730 units
Continuing this downward sales trend is Hosur-based TVS, which reported a decline of 30.5%, compared to its October 2022 sales figure of 2,75,934 units. As with the aforementioned Hero and HMSI, TVS has managed to outsell its sales figure for November 2021, which stood at 1,75,940 units, marking a growth of 9% year-on-year. A recent addition to TVS’ product portfolio is the special edition TVS Apache RTR 160 4V with a lighter ‘Bullpup’ exhaust.
Bajaj Auto: 1,23,490 units
Pune-based Bajaj Auto saw a decline of 40% in its domestic sales figures, when compared to its October 2022 tally, which stood at 2.06 lakh units. When compared to its November 2021 sales figure of 144,953 units, Bajaj Auto posted a decline of 15% year-on-year. Recently Bajaj launched the brand-new Pulsar P150 and a special Carbon Fibre colourway for its Pulsar 125.
Royal Enfield: 65,760 units
Royal Enfield’s sales figures dipped by 14%, from 76,528 units in October 2022. Despite this, the Chennai-based marque was able to outperform Suzuki in terms of sales figures. Year-on-year RE has recorded positive growth of 47%, when compared to its November 2021 sales figure of 44,830 units. Royal Enfield showcased its hotly-anticipated Super Meteor 650 cruiser at EICMA 2022 and it will be launched in India in January 2023. The Royal Enfield Himalayan received three new colours in November as well.
Suzuki Motorcycle India Private Ltd. (SIMPL): 63,156 units
SIMPL, as with all other two-wheeler manufacturers, posted a 9.3% downsizing of its sales numbers, from the 69,634 units it sold in October 2022. Year-on-year Suzuki fared much better with a growth of 21%. The Suzuki Gixxer 250 is amongst the top 5 most affordable 250cc bikes you can buy in India.
| November 2022 two-wheeler sales | |||||
|---|---|---|---|---|---|
| November 2022 | November 2021 | Change | October 2022 | Change | |
| Hero | 3,79,839 | 3,49,393 | 8.7% | 4,42,825 | -16.6% |
| Honda | 3,53,540 | 2,56,174 | 38% | 4,25,000 | -16.8% |
| TVS | 1,91,730 | 1,75,940 | 9% | 2,75,934 | -30.5% |
| Bajaj | 1,23,490 | 1,44,953 | -15% | 2.06,000 | -40% |
| Royal Enfield | 65,760 | 44,830 | 47% | 76,528 | -14% |
| Suzuki | 63,156 | 55,662 | 21% | 69,634 | 9.3% |