Bajaj outperforms others by a huge margin! It has 6 products in the Top 10 list. Also be surprised to see Boxer as the Top Exported Model!!! Africa, Argentina, Mexico, Columbia are some of the key markets for Bajaj. Boxer is the largest selling single brand for Bajaj in Africa!
Also notable is TVS’s performance in exports – Star City & Apache has considerable volumes outside the subcontinent.
Hero’s performance has been dismal in exports. However, the scooters are performing well in exports for Hero vis-a-vis motorcycles.
Bajaj’s V15 (based on INS Vikrant) equals the much cheaper sibling Platina in terms of sales (V15 sold 16,532 units v/s Platina’s 17,072 nos). V15 initial sales looks impressive.
The Avenger duo (150cc+220cc) have performed rather well! Combined they sold over 25k units in Mar’16!
Hence, V15 & Avenger contributed significantly to Bajaj’s volumes and the motorbike manufacturer grew an impressive 31.28% YoY.
Street 750 still remains Harley’s bestseller and the growth rate is spiking for the entrant (66% growth YoY).
Hero’s Duet seems to have cannibalized its siblings to an extent – while Maestro & Pleasure saw a downfall; Hero sold 86,810 scooters in Mar’16 vis-a-vis 58,720 units in Mar’15!
HF Deluxe sales have strengthened and have overtaken Passion Sales!
Honda’s scooterette portfolio (apart from Activa) seems to be struggling. Both Dio & Aviator volumes dipped – the competition from Yamaha (Fascino) / Hero (Duet) taking a toll?
1,591 units of Navi was shipped in Mar’16 – can it near the aspirational sales volumes of TVS XL (~70k units/mth) in times to come?
Only 260 units of Himalayan? We expect the numbers to be much higher!
Surprisingly, even the refreshed Access couldn’t help gain Suzuki experience growth. Suzuki’s best seller (Access) de-grew 30% YoY.
TVS has turned the tide to its favor with Jupiter – It has broke all sales records this year and emerges to be the second scooter to list in the Top 10 selling Two-wheelers for FY16 (a feat achieved by no other scooter yet!) –