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Hero, Honda, Royal Enfield sales in January 2023

Royal Enfield has sold more units than Suzuki for the third time in the past four months.

Sales figures of six heavy duty two-wheeler OEMs in the industry for the first month of 2023 have been revealed and here are the business results for each brand.

Hero MotoCorp: 3,49,437 units

The world’s largest two-wheeler maker recorded an 11.35% drop in sales from December 2022. Even compared to January 2022 sales, Hero reported a level of sales. down 2.6% from the same period last year. Recently, it launched the Scooter Hero Xoom 110cc in India and you can read our review here or click here to watch our video.

Honda Motorcycle & Scooter India (HMSI): 2,78,143 units

HMSI reported a 19.3% increase in sales compared to its announced sales in December 2022. However, the Japanese giant reported an 11.8% drop in sales. in January 2022. Last month, Honda launched the equipped electronic key Activate H-Smart scooters in india.

TVS Motor Company: 2,64,710 units

TVS reported a 16.3% increase in sales compared to December 2022 figures. When compared to January 2022 sales, the Hosur-based brand reported a significant increase. counted as 57.8%. TVS is one of the manufacturers to increase its market share in the two-wheeler in India between April and December 2022 and you can read more here.

Bajaj Auto: 1,40,428 pcs

Compared to the previous month, Chakan-based Bajaj Auto improved its sales for December 2022 by 11.9%. Compared to last January’s sales figures, Bajaj reported an increase of 3.6%. Bajaj has been continuously updating its Pulsar lineup with new models and the latest model to join the party is Pulse star P150. You can read our review here or click here to watch our video review.

Royal Enfield: 67,702 pieces

Reporting sales of 67,202 units in January 2023, the RE not only increased by 13.2% compared to December 2022 sales, but also outsold Suzuki. This is the third time in four months Royal Enfield managed to do so although the Chennai-based brand retails the offerings larger and more expensive than Suzuki. Compared to last January’s figure, RE reported a 36.1% increase. Royal Enfield launched Meteor 650 . super cruiser in India last month and you can read our review of the top Enfield here or watch the video review by clicking here.

Suzuki Motorcycle India Private Limited (SIMPL): 66,209 units

Although Suzuki was outsold by RE, it achieved a 3.6% increase in its sales for December 2022. Compared to January 2022 sales, it stood at 60,623 units. , the airline recorded a 9.2% increase. Suzuki recently hit the market Burgman Street EX in India and you can read our review here.

Buying and selling two-wheelers in January 2023
January 2023 January 2021 Change December 2022 Change
Hero 3,49,437 3.58,660 -2.6% 3,94,179 -11.35%
Honda’s motobike 2.78.143 3,15,196 -11.8% 2.33,151 19.3%
TVS 2,64,710 1,67,795 57.8% 2,27,666 16.3%
Bajaj 1,40,428 1,35,496 11.9% 1.25,525 3.6%
Royal Enfield 67.702 49,726 36.1% 59,821 13.2%
suzuki 66.209 63.912 9.2% 60,623 3.6%

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