Hero Splendor Reigns as Bestselling Motorcycle, with Over 290,000 Units Sold in August 2023
In our previous posts, we have discussed the top 10 bestselling two-wheelers and scooters. Now, let us dive into the top 10 bestselling motorcycles for August 2023. The Indian motorcycle market exhibited its strong growth in August 2023, with the top 10 motorcycles dominating sales across the country. The latest sales data unveils fascinating trends in both year-on-year (YoY) and month-on-month (MoM) performance, shedding light on the preferences of Indian riders.
Top 10 Motorcycles in August 2023: YoY Performance
In August 2023, the Indian motorcycle market experienced an overall growth of 2.15% compared to the same period in the previous year. The top 10 motorcycles recorded a combined sales volume of 812,423 units, surpassing the 795,362 units sold in August 2022. Topping the sales chart was the Hero Splendor, with 289,930 units sold and a YoY growth of 1.37%.
The Honda Shine secured the second position with 148,712 units sold, marking an impressive YoY growth of 23.78%. However, Bajaj Pulsar experienced a slight decline in sales, with 90,685 units sold, reflecting a decrease of 6.64% compared to August 2022. Here is a summary of the sales performance of the top 10 motorcycles in August 2023 compared to the previous year:
1. Hero Splendor: 289,930 units (+1.37%)
2. Honda Shine: 148,712 units (+23.78%)
3. Bajaj Pulsar: 90,685 units (-6.64%)
4. Hero HF Deluxe: 73,006 units (+1.08%)
5. TVS Raider: 42,375 units (+111.20%)
6. Bajaj Platina: 40,693 units (-59.30%)
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