Despite the popularity of scooters, motorcycles still are the primary choice of transport in India. This is proven month over month in terms of sales, and June 2024 is no different, as two-wheeler sales saw a YoY increase of 21 percent last month, while motorcycles saw a YoY growth of 5.2 percent.
That said, manufacturers such as Hero MotoCorp, Bajaj, and Royal Enfield primarily depend on motorcycle sales and here are the top 5 best-selling motorcycle brands in June 2024.
Royal Enfield
In fifth place is Royal Enfield, having sold 66,117 units in June 2024, compared to 67,495 units sold in June 2023, witnessing a YoY decline of 2 percent. In May 2024, Royal Enfield witnessed some of its popular models such as the Classic 350, Hunter 350, and the Himalayan decline in sales. The trend seems to continue in June as well and with the launch of the Guerrilla 450, RE is looking to gain lost ground.
TVS
In fourth is TVS, with sales of 91,425 motorcycles in June 2024. During the same period in 2023, TVS sold 87,275 units in the domestic market, witnessing a 4.7 percent YoY growth. For TVS, its commuter motorcycles are best-sellers, along with the Apache series. TVS is also doing well with its electric offering, which we will see in a separate story.
Bajaj
Bajaj comes in third, having sold 1,59,516 motorcycles in June 2024. For Bajaj, its commuter motorcycles lead sales, along with the Pulsar range, however, what could change fortunes for Bajaj is the launch of the world’s first CNG motorcycle, the Freedom 125. For reference, Bajaj sold 1,59,161 motorcycles in June 2023.
Honda
Honda is in second, chasing for the first spot. In June 2024, Honda’s motorcycle sales accounted for 2,16,637 units as compared to 1,62,737 units sold in the domestic market in June 2023, witnessing a YoY growth of 33.1 percent. For Honda, its scooter sales were more than the number of motorcycles it sold in June.
Hero MotoCorp
Leading domestic two-wheeler sales in India in June 2024 was Hero MotoCorp, having sold 4,62,545 motorcycles compared to selling 3,93,049 motorcycles in June 2023, witnessing a YoY growth of 17.6 percent. For Hero, commuters are again the best-sellers, with the Splendor leading charge.