Hero Splendor: The two-wheeler market in India witnessed a significant surge in January 2024, with a notable increase in motorcycle and scooter sales. Among the top-selling vehicles, Hero Splendor emerged as the frontrunner, securing its position as the most preferred choice among consumers.
Hero Splendor Reigns Supreme
Hero Splendor, the iconic motorcycle, claimed the top spot in January 2024, with an impressive sales figure of 2,55,122 units. This marks a substantial increase from the previous month, indicating a 12% rise in sales. With a commanding market share of 27%, Hero Splendor continues to dominate the Indian two-wheeler segment.
Honda Activa Holds Strong
Following closely behind Hero Splendor, Honda Activa maintained its position as the second-best selling two-wheeler. With 1,73,760 units sold in January 2024, Honda Activa witnessed a notable growth of 20% compared to the previous month. The enduring popularity of Honda Activa reflects its appeal among consumers seeking reliability and performance.
Bajaj Pulsar Sees Steady Demand
Bajaj Pulsar, the flagship motorcycle series from Bajaj Auto Limited, secured the fourth position in the list of top-selling bikes. Despite facing tough competition, Bajaj Pulsar managed to attract 1,28,883 customers in January 2024, marking a commendable 21% increase in sales compared to the previous month.
Hero HF Deluxe Makes Strides
Hero HF Deluxe, known for its affordability and reliability, emerged as the fifth best-selling two-wheeler in January 2024. With 78,767 units sold, Hero HF Deluxe witnessed a notable growth of 29% in monthly sales, reaffirming its popularity among budget-conscious consumers.
Top Performers in the Two-Wheeler Market
In addition to the top contenders, several other bikes and scooters made it to the list of top-selling vehicles in January 2024. TVS Jupiter, Suzuki Access, TVS Raider, and Bajaj Platina were among the top 10 best-selling models, each experiencing an increase in sales compared to the previous month.
Overall, the Indian two-wheeler market witnessed a robust growth of 22% in January 2024, signaling positive momentum and strong consumer demand in the segment. As manufacturers continue to introduce new models and innovative features, the competition in the two-wheeler market is expected to intensify further in the coming months.