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Although a few models faced a YoY decline, the total sales came up to 11,41,891 units which is a 3.53 per cent YoY growth
The undisputed leader of the pack is the Hero Splendor, which managed to sell 3,04,663 units despite a drop of 37,863 units or a negative 11.05 per cent YoY decline from the previous year when it sold 3,42,526 units. It managed to capture a 26.68 per cent market share and that is a pretty huge chunk of the pie.
Not far behind is the Honda Activa which managed a steady 6.39 per cent increase, selling 2,16,352 units and securing an 18.95 per cent share of the market, remaining the highest-selling product in the scooter segment.
The Honda Shine materialized as a standout performer, experiencing the highest growth among the top 10 with a 43.74 per cent increase, by selling 1,49,054 units and a 13.05 per cent market share. At the 4th position, we have Bajaj Pulsar with a marginal increase of 77 units (0.06 per cent), reaching 1,28,480 units and holding an 11.25 per cent market share.
Model | May-24 | May-23 | YoY% | Share % |
Hero Splendor | 3,04,663 | 3,42,526 | -11.05 | 26.68 |
Honda Activa | 2,16,352 | 2,03,365 | 6.39 | 18.95 |
Honda Shine | 1,49,054 | 1,03,699 | 43.74 | 13.05 |
Bajaj Pulsar | 1,28,480 | 1,28,403 | 0.06 | 11.25 |
Hero HF Deluxe | 87,143 | 1,09,100 | -20.13 | 7.63 |
TVS Jupiter | 75,838 | 57,689 | 31.44 | 6.64 |
Suzuki Access | 64,812 | 45,945 | 41.06 | 5.68 |
TVS XL | 40,394 | 35,837 | 12.72 | 3.54 |
TVS Apache | 37,906 | 41,955 | -9.65 | 3.32 |
TVS Raider | 37,249 | 34,440 | 8.16 | 3.26 |
Total | 11,41,891 | 11,02,968 | 3.53 | 100.00 |
The second two-wheeler to face a decline comes from the Hero HF Deluxe which saw a loss of 21,957 units (-20.13 per cent), selling 87,143 units and capturing a 7.63 per cent share.
TVS Jupiter recorded healthy growth, selling 75,838 units, an increase of 31.44 per cent, and achieving a 6.64 per cent market share. Similarly, Suzuki Access saw notable growth with a 41.06 per cent increase, selling 64,812 units and securing a 5.68 per cent market share. TVS XL continued to perform well, showing a 12.72 per cent growth with 40,394 units sold and holding a 3.54 per cent market share.
Despite a 9.65% decline, TVS Apache managed to sell 37,906 units and capture a 3.32 per cent market share. Lastly, at No. 10, TVS Raider showed decent growth with an 8.16 per cent increase, selling 37,249 units and securing a 3.26 per cent market share.
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