Top Five Two Wheelers – Although the Indian car market saw good growth in July this year, the sales of two-wheelers declined. In this post, we bring you the list of top five motorcycle companies in India in terms of bike sales in July 2023.
Bajaj – Bajaj sold 141,990 bikes in July alone this year. It is 13.6 percent less than last year. Furthermore, monthly sales were down by 14.6 percent.
Honda – Honda Motorcycle Company has been giving tough competition to Hero in bike sales for the last few years. The company sold 310,867 bikes in July 2023. Most of these are of the scooter type. This year’s sales have decreased by 12.5 percent compared to last year. In the same month of July last year, 355,560 bikes were sold.
TVS Motor Company: Tamil Nadu’s traditional motorcycle company TVS has seen a sharp decline in bike sales this year. It sold 235,230 bikes in July this year. It is 16.4 percent less than last year. TVS had sold 201,942 bikes during the same period last year.
Suzuki Motorcycles India: Suzuki recorded the highest single month sales in July alone by selling 80,309 bikes. Suzuki is on a successful track with 31.8 percent growth compared to last year and 27.3 percent month-on-month growth.This year’s sales have decreased by 12.5 percent compared to last year. In the same month of July last year, 355,560 bikes were sold.
Royal Enfield – The newly launched Hunter 350 has been well received by the public. Royal Enfield’s domestic bike sales have increased by 42 percent this year compared to last year. This year it sold 66,062 bikes in the month of July alone. However, the monthly sales fell by 2.1 percent.
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