When it comes to two-wheeler sales, Hero is the manufacturer to look out for, as the company seems to be unshakable from the top. Month-on-month, Hero leads retail sales in India and July 2024 was no different, as Hero MotoCorp retains its market share of 27.6 percent, although it did see a decline compared to July 2023.
That said, here are the best-selling two-wheeler brands in July 2024 in terms of retail sales, along with their sales numbers and YoY growth.
Best-selling two-wheeler brands in July 2024
As we mentioned earlier, Hero MotoCorp leads in two-wheeler retail sales in July 2024, registering sales of 3,99,324 units as compared to selling 3,61,766 units in July 2023. As usual, Honda is hot on Hero’s heels in second, having registered sales of 3,68,753 units in July 2024, witnessing a YoY growth of 23 percent compared to July 2023.
TVS comes in third, having registered retail sales of 2,51,140 units last month, as opposed to selling 2,13,628 units in July 2023, registering a YoY growth of 17.5 percent. Following TVS is Bajaj, India’s largest two-wheeler exporter, which registered retail sales of 1,61,435 units in July 2024.
In fifth is Suzuki, which registered its highest-ever monthly sales in July 2024, with its overall sales, including exports, crossed 1 lakh units. In retail sales, Suzuki sold 79,796 units. Looking at the top 5 brands, Honda, TVS, and Suzuki have seen their market share increase in July 2024 compared to last year, while Bajaj and Hero have seen a marginal decline.
| Brand | July 2024 | July 2023 | Growth |
| Hero MotoCorp | 3,99,324 | 3,61,766 | 10.3% |
| Honda | 3,68,753 | 2,99,790 | 23% |
| TVS | 2,51,140 | 2,13,628 | 17.5% |
| Bajaj | 1,61,435 | 1,46,633 | 10% |
| Suzuki | 79,796 | 62,755 | 27.1% |
