All besides Royal Enfield Traditional 350 have damaging YoY development in March 2022; MoM numbers keep buoyant

In March 2022, the 350cc bike phase registered gross sales of 55,432 items. YoY development is damaging at -9.42%, as in comparison with 61,199 items offered within the corresponding interval final 12 months. MoM numbers are constructive at 11.34%, as in comparison with 49,788 items offered in February 2022. Solely Meteor 350 has damaging MoM development.

350cc Bike Gross sales Mar 2022 – Traditional 350 leads

Traditional 350 continues to be the bestselling 350cc bike within the nation. New-gen model of the bike was launched final 12 months in September at a beginning worth of Rs 1.84 lakh (ex-showroom). Gross sales are 32,694 items in March 2022. YoY development is 3.16%, as in comparison with 31,694 items offered within the corresponding interval final 12 months. Traditional 350 market share is at 58.98% in March. MoM development is constructive at 8.68%, as in comparison with 30,082 items offered in February 2022.

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At quantity two within the record is Bullet 350 with gross sales of 8,283 items in March. YoY development is damaging at -14.55%, as in comparison with 9,693 items in March final 12 months. Market share is at 14.94%. Bullet MoM development is constructive at 28.78%, as in comparison with 6,432 items offered in February 2022. Royal Enfield is at the moment testing next-gen Bullet that can have the brand new J platform and new 350cc engine. It’s anticipated to be launched later this 12 months or early 2023.

Meteor 350 has dropped to 3rd spot, registering the largest share discount in gross sales. A complete of 6,589 items have been offered within the month of March. YoY development is down by -37.82%, as in comparison with 10,596 items offered in March final 12 months. Market share is at 11.89%. Meteor MoM development can be damaging at -2.37%, as in comparison with 6,749 items offered in February.

At quantity 4 is Electra 350 with gross sales of 4,460 items in March. YoY development is damaging at -9.24%, as in comparison with 4,914 items offered in March final 12 months. Market share is at 8.05%. Electra MoM development is 30.18%, as in comparison with 3,426 items offered in February. Proportion-wise, that is the best MoM development within the group.

Honda H’ness CB350 is fifth with gross sales dropping by -20.83%. A complete of three,406 items have been offered in March, as in comparison with 4,302 items in March final 12 months. Market share is at 6.14%. CB350 MoM development is 9.91%, as in comparison with 3,099 items offered in February.

350cc bike exports March 2022

In exports, 350cc bikes have registered constructive beneficial properties in each YoY and MoM phrases. A complete of 4,077 items have been exported in March 2022. YoY development is 136.76%, as in comparison with 1,722 items exported in March final 12 months. MoM development is 2.05%, as in comparison with 3,995 items exported in February.

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Right here too, Traditional 350 leads the pack with exports of two,581 items in March. YoY development is 280.12%, as in comparison with 679 items exported in March final 12 months. Share in exports is at 63.31%. MoM development is at 77.27%, as in comparison with 1,456 items exported in February.

Subsequent is Meteor 350 with exports of 1,046 items. YoY development is 17.53%, as in comparison with 890 items exported in March final 12 months. Share in exports is at 25.66%. MoM development is damaging at -21.88%, as in comparison with 1,339 items exported in February.

At quantity three is CB350 with exports of 450 items in March. Exports have tripled as in comparison with 150 items exported in March final 12 months. Contribution to exports is at 11.04%. CB350 MoM development is damaging at -62.50%, as in comparison with 1,200 items exported in February. Bikes with zero exports in March 2022 are Electra and Bullet 350.