Top Selling Bikes In India October 2021
Two-Wheeler Sales October 2021
Honda Motorcycle and Scooter India (HMSI) has announced the company’s sales numbers for October 2021. Honda reported total sales of 4,32,207 units in the month, a decline of 18 per cent over volumes of 5,27,180 units the company had recorded in October 2020. Honda’s domestic sales stood at 3,94,623 units, a 20 per cent decline from 4,94,459 units it has sold in October 2020. On the exports front, Honda Two-Wheelers India registered a 15 per cent growth with 37,584 units (from 32,721 units in October 2020).
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Top selling bikes in India
The top selling bikes in 2021 are Splendor Plus(ex. showroom Rs. 64,550) , Jupiter(ex. showroom Rs. 68,809) and Pulsar 150(ex. showroom Rs. 1.00 Lakh). Check the compete list of top selling bike below.
2wheeler sales October 2021: Hero MotoCorp, TVS, Bajaj, and others report decline
Two-wheeler sales in India: Prominent two-wheeler brands like Hero MotoCorp, Bajaj Auto, Royal Enfield, and TVS has reported sales decline during the festive season in India.
The second wave of COVID-19 may have relented in the country but the implications of the pandemic still persist. For example, the global chip crisis brought on by a surge in demand for electronic items continues to deepen even as companies try to reduce the demand and supply gap. This shortage of semiconductors has affected a variety of industries, including the automobile industry that is now grappling with plummeting production. The Indian auto industry is no different as the semiconductor shortage has taken a toll on production. Add to this mix the fiscal implications of the pandemic and we have a concerning scenario even during the festive season. This is mainly the case with car sales in India but even two-wheeler sales took a hit ahead of the festive season. Hero MotoCorp, the largest two-wheeler brand in the country, sold 5,47,970 units of scooters and motorcycles in India last month, noting a 32 per cent drop in sales as compared to October 2020 when the company sold 8,06,848 units.
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Hero’s motorcycle sales declined by 30.92 per cent while scooter sales by 43.49 per cent. Bajaj Auto, on the other hand, sold 1,98,738 motorcycles in India last month as compared to 2,68,631 motorcycles in October 2020, marking a 26 per cent sales drop.
Royal Enfield too reported a 35 per cent sales decline from 62,858 units in October 2020 to 40,611 units last month. The company even reported a 13 per cent decline in exports. Another two-wheeler brand that had to battle dropping sales last month was TVS. The company sold 2,58,777 units in October 2021, marking a drop of 14 per cent as compared to October 2020 when it sold 3,01,380 units in the country. TVS registered a 0.5 per cent drop in motorcycle sales in the country but scooter sales dropped by 11 per cent last month as compared to October 2020.