By Sales of 350cc motorcycles in India grew by 27.89% in May 2023, reaching a total of 71,336 units. This was driven by strong demand for motorcycles from Royal Enfield, which accounted for 91% of the total sales.
Royal Enfield’s best-selling 350cc motorcycle, the Classic 350, sold 26,350 units in May 2023, down 1.61% from the previous month. The Hunter 350 was the second best-selling model with sales of 18,869 units, up 19.43%. The Bullet 350 was placed third on the list with sales of 8,314 units, down 1.01% from April 2023.
The next RE bike on the list is the Meteor 350 with 7,024 units of sales, down 7.55%. The Electra is the last RE bike on this list with sales of 4,366 units, up 15.53% from the previous month.
Other brands that saw strong sales growth in the 350cc segment in May 2023 include Honda, Jawa, and Yezdi. Honda sold 4,366 CB 350s, up 35.41%, and Jawa-Yezdi sold 2,333 units, up 2.59% from April 2023.
The 350cc segment remains a popular choice for Indian motorcyclists, thanks to its combination of fuel efficiency, performance, and affordability. The segment is also seeing increasing competition from new entrants.
The growth in 350cc motorcycle sales in May 2023 is a positive sign for the Indian motorcycle industry. It suggests that demand for motorcycles is still strong.
Here are some of the key takeaways from the article:
- Sales of 350cc motorcycles in India grew by 27.89% YoY in May 2023.
- Royal Enfield led the pack, with sales of 91% of the total market.
- Other brands that saw strong sales growth include Honda, Jawa, and Yezdi.
- The 350cc segment remains a popular choice for Indian motorcyclists.
- The segment is also seeing increasing competition from new entrants.
2023-06-21 20:57:56
