July turned out to be a good month for the passenger vehicles segment in the Indian market. However, the same doesn’t hold true in the two-wheeler category. While some automakers recorded healthy YoY growth, others posted a steep decline in domestic sales. Here, we have listed the best-selling two-wheeler brands in India in July 2023.
Best-selling two-wheeler brands in July 2023:
| Brand | July’23 | July’22 | YoY change | June’23 | MoM change |
| Hero MotoCorp | 3,71,204 | 4,30,684 | -13.8% | 4,22,757 | -12.1% |
| Honda | 3,10,867 | 3,55,560 | -12.5% | 3,02,756 | 2.6% |
| TVS | 2,35,230 | 2,01,942 | 16.4% | 2,35,833 | -0.2% |
| Bajaj | 1,41,990 | 1,64,384 | -13.6% | 1,66,292 | -14.6% |
| Suzuki | 80,309 | 60,892 | 31.8% | 63,059 | 27.3% |
| Royal Enfield | 66,062 | 46,529 | 41.9% | 67,495 | -2.1% |
Hero MotoCorp
Hero MotoCorp sold 3,71,204 units in the domestic market in July 2023, recording a 13.8 percent YoY and 12.1 percent MoM decline in sales. In the same period last year, its sales stood at 4,30,684 units.Â
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Honda Motorcycle & Scooter India
Honda Motorcycle & Scooter India’s sales declined by 12.5 percent YoY as it sold 3,10,867 units in July 2023. In the same period last year, its domestic sales stood at 3,55,560 units. However, on an MoM basis, it recorded a 2.6 percent growth.
TVS Motor Company managed to sell 2,35,230 units in July this year, registering a 16.4 percent YoY growth. In the same period last year, its domestic sales stood at 2,01,942 units. On an MoM basis though, it recorded a mere dip in sales.Â
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Bajaj Auto sold 1,41,990 units in July 2023. Its domestic sales declined by 13.6 percent YoY and 14.6 percent on an MoM basis.Â
Suzuki Motorcycle India
Suzuki recorded its highest-ever monthly sales in July 2023. The company sold 80,309 units last month, recording a massive 31.8 percent YoY and 27.3 percent MoM growth in sales.
Royal Enfield
Finally, we have Royal Enfield which saw a major uptick in domestic sales. The company sold 66,062 units last month, registering a healthy 41.9 percent YoY growth but a mere 2.1 percent decline on an MoM basis.
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