Royal Enfield but once more dominated the 350cc bike phase – Newly launched Hunter takes No 2 spot

Bike gross sales within the 350cc phase posted vital progress in home marketplace for August 2022. Home gross sales elevated by 69.77 % on a YoY foundation whereas MoM gross sales had been larger by 39.23 %. Exports however didn’t carry out as properly with a marginal 0.89 % YoY progress and a -28.49 % MoM de-growth.

Whole home gross sales within the phase stood at 61,988 items in August 2022, up 69.77 % over 36,513 items bought in August 2021. This was a 25,475 unit quantity progress MoM gross sales additionally improved by 39.23 % from 44,521 items bought in July 2022 regarding a quantity progress of 17,467 items.

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350cc Bike Gross sales Aug 2022 – Home

Royal Enfield claimed the highest 5 spots on this record with the Basic 350 topping gross sales charts regardless of a YoY and MoM de-growth. Basic 350 gross sales stood at 18,993 items in August 2022, down 19.02 % from 23,453 items bought in August 2021. This was a 4,460 unit quantity de-growth regardless of which the Basic 350 commanded a 30.64 % share. MoM gross sales additionally fell 18.21 % when in comparison with 23,223 items bought in July 2022. Share in that very same month had been at 52.16 %.

Following shut behind was the just lately launched Hunter 350. RE bought 18,197 items of this new 350cc bike prior to now month to command a 29.36 % share. The Hunter 350 was launched on seventh August and has climbed to the 2nd spot already. Royal Enfield Meteor 350cc gross sales elevated by 46.72 % YoY to 9,362 items, up from 6,381 items bought in August 2022. MoM gross sales additionally improved by 15.75 % from 8,088 items bought in July 2022.
Important YoY gross sales progress was additionally seen for the RE Bullet 350 and Electra 350 whereas MoM gross sales additionally noticed optimistic outcomes. Bullet gross sales improved by 107.63 % YoY to 7,619 items, up from 3,669 items bought in August 2021 to command a 12.29 % share on this record. MoM gross sales had been larger by 16.66 % from 6,530 items bought in July 2022. Electra gross sales had been larger by 109.07 % YoY and 6.51 % MoM to 4,104 items in August 2022.

There was additionally the Honda CB350 at No. 6 with a 254.73 % YoY progress to three,714 items, up from 1,047 items bought in August 2021. MoM gross sales grew by 31.38 % from 2,827 items bought in July 2022. Retail gross sales of Jawa Yezdi improved by 31.73 % YoY and 6.33 % MoM to three,159 items. The corporate had retailed 2,398 items and a couple of,971 items in August 2021 and July 2022 respectively.

350cc Exports August 2022

Exports of 350cc bikes stood at 3,963 items up 0.89 % from 3,928 items bought in August 2021 whereas MoM exports dipped by 28.49 % from 5,542 items shipped in July 2022. In world markets additionally it was the RE Meteor and Basic that commanded probably the most consideration.

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Meteor 350 exports fell by 7.67 % YoY and 22.50 % MoM to 2,204 items whereas there had been 2,387 items and a couple of,844 items exported in August 2021 and July 2022 respectively. It was adopted by the Basic 350 with a 133.66 % YoY progress to 1,680 items from 719 items bought in August 2021 whereas MoM exports fell by 6.56 % over 1,798 items shipped in July 2022. Market share nevertheless improved MoM from 32.44 % held in July 2022 to 42.39 % prior to now month.

Hunter exports stood at 78 %. It was adopted by the Honda CB350 with simply 1 unit exported final month, down 99.88 % from 822 items shipped in August 2021 whereas there had been 900 items shipped in July 2022 regarding a 99,89 % MoM de-growth. Bullet and Electra 350 exports had been all the way down to 0 items.