Bike, scooter sales February 2024: Hero, Honda sell over 4 lakh units

    Royal Enfield, TVS and Bajaj reported a drop in sales numbers.

    Published On Mar 04, 2024 01:19:00 PM

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    Suzuki Access price, scooter, bike sales 2024 February.
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    Sales figures for the six heavyweights in the Indian two-wheeler market for February 2024 have been released and here’s how each manufacturer fared:

    Hero MotoCorp: 4,45,257 units

    Market leader Hero MotoCorp continues to defend its top spot and reported a 5.8 percent increase compared to its January sales figure of 4,20,934 units. Even when compared to its sales figure for February 2023 (3,82,317 units), it reported a 16.46 percent increase. We’ve ridden Hero’s flagship Mavrick 440 and you can read our review here.

    Honda Motorcycle & Scooter India (HMSI): 4,13,967 units

    Retaining its second spot in the Indian two-wheeler market, HMSI reported an increase of 8.2 percent compared to its January 2024 numbers (3,82,512 units). In a similar vein, Honda India also bettered its admittedly low February 2023 numbers (2,27,064 units) by a whopping 82.31 percent. At the Bharat Mobility Expo 2024, Honda showcased a flex fuel CB300F, and to read more about that, tap here.

    TVS Motor Company: 2,67,502 units

    While TVS retained its third place spot in the market, it reported a minute 0.3 percent decrease compared to its January 2024 numbers, which stood at 2,68,233 units. However, the Hosur-based company bettered its February 2023 tally of 2,21,402 units by 20.82 percent this year. It bears mentioning that this number doesn’t include sales of TVS’ electric two-wheelers – the iQube e-scooter range, and the rather pricey and niche X.

    Bajaj Auto: 1,70,527 units

    Bajaj reported a decline of 11.80 percent compared to its January 2024 numbers (1,93,350 units), but compared to its February 2023 numbers (1,20,335 units), the Chakan-based marque reported a 38.51 percent increase. It bears mentioning that Bajaj’s numbers include the sales of its Chetak e-scooter. Bajaj recently refreshed its popular Pulsar NS range, which you can read about here.

    Suzuki: 83,304 units

    Just like it did in January 2024 (80,511 units), Suzuki sold over 80,000 units in February as well, reporting a 3.47 percent increase. Compared to its February 2023 sales figure of 52,451 units, Suzuki reported a substantial 58.82 percent increase. Suzuki Motorcycle India recently manufactured its one millionth unit; read more here.

    Royal Enfield: 67,922 units

    Compared to the 70,556 units it sold in January 2024, Royal Enfield reported a 3.73 percent decline last month. Despite that, it bettered its February 2023 sales figure, which stood at 64,436 units, by 5.41 percent. Royal Enfield is working on expanding its 450cc line-up further along with additional 650cc models and you can read more on that here.

    February 2024 two-wheeler sales
    February 2024January 2024% changeFebruary 2023% change
    Hero4,45,2574,20,9345.83,82,31716.46
    Honda4,13,9673,82,5128.22,27,06482.31
    TVS2,67,5022,68,233-0.32,21,40220.82
    Bajaj1,70,5271,93,350-11.801,20,33538.51
    Suzuki83,30480,5113.4752,45158.82
    Royal Enfield67,92270,556-3.7364,4365.41

    Hero MotoCorp Bikes

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