Hero MotoCorp, accounting for over 65 percent of sales in the top-selling bikes’ list, continues to dominate in the Indian domestic motorcycle market.
Enter 1st July 2017, and the entire nation witnessed the implementation of the biggest tax reform since Independence, the Goods and Services Tax (GST). Motorcycles above 350cc saw a marginal hike in prices (because of the hike in tax rates), while the bunch below the 350cc segment saw a slight reduction in prices.
Looking at the top 10 selling bikes in July 2017 chart, we can see only Bajaj and Honda bikes have seen a good growth in sales. However, Hero MotoCorp continues to rule the roost with 4 of its motorcycles not just making it in the top 10 list but also contributing to over 65 percent to the entire top 10 sales.
The Hero Splendor continues to dominate the top 10 chart with sales of 2,22,458 units in July 2017 followed by another Hero bike, the HF Deluxe which sold 1,55,908 units. Jumping two spots above, the Honda CB Shine now sits at the third spot selling 81,704 units in July. The Hero Passion holds on to its fourth position selling 79,778 units, while the Hero Glamour slips from the third to the fifth position. The Hero Glamour sold 77,589 units in July 2017.
TVS’ XL Super also holds on to its sixth spot despite selling lesser when compared to June 2017 sales. TVS sold 60,589 units of the XL Super in July 2017, followed by the Bajaj Pulsar series which has seen over 50 percent growth in sales. The Pulsar series (includes Pulsar 135, 150, NS 160, 180, 220, 200 NS, RS 200) sold 56,953 units in July 2017 as opposed to 37,503 units in June 2017.
The Classic 350 remains the best-seller for Royal Enfield selling 42,967 units and thereby occupying the eighth spot. At the ninth and tenth spots are the Bajaj CT 100 and Platina selling 40,923 and 32,072 units respectively in July 2017.
Coming to scooters, the Honda Activa rules the roost here, selling 2,92,669 units in July 2017, followed by the TVS Jupiter which sold 62,707 units. At the third spot is Hero’s Maestro selling 40,193 units. The Honda Dio sold 37,986 units in July 2017 and has recorded over 40 percent growth in its sales.
At the fifth spot is the Suzuki Access which sold 26,779 units, followed by the Yamaha Fascino which sold a round figure of 16,000 units. Hero’s Duet and Pleasure, both are the biggest losers here recording a negative growth of 29 and 22 percent respectively in sales. The Duet and Pleasure sold 14,418 and 12,758 units respectively.
Top Selling Two Wheelers In July 2017
– Bajaj Pulsar, CT 100 and Platina sales have grown by over 50 percent
– In the scooter segment, the Honda Dio registers a growth of over 40 percent in sales
– The Honda Activa sells close to 5 times more than its immediate rival, the TVS Jupiter