Sep 8, 2023
By: Prachi AhluwaliaHero MotoCorp tops the list of the best-selling two-wheeler brands in the country, with 3,48,026 units sold in the month of August 2023. It now has a market share of 27.24 percent.
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Honda Motorcycle and Scooter India secured the second spot on the list of top-selling two-wheeler makers in India in August 2023. The company sold 3,10,091 units last month, obtaining a market share of 24.72 percent.
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TVS Motor Company stood third in the list of best-selling two-wheeler manufacturers across the country, with sales of 2,24,907 units in August 2023. It has a market share of 17.93 percent, up from 16.48 percent in the same period last year.
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Bajaj Auto took the fourth position, with sales of 1,48,129 units in the month of August 2023. The two-wheeler manufacturer has a market share of 11.81 percent.
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Suzuki Motorcycle India managed to sell 69,119 units in August 2023, securing the fifth spot on this list. It now has a market share of 5.51% last month from 4.84% in the corresponding period previous year.
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In August 2023, Royal Enfield managed to sell 58,484 units, securing a market share of 4.66 percent. The company reported sales of 52,435 units in August 2022.
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Yamaha Motor India ranked seventh in the list of best-selling two-wheeler manufacturers in the country, with sales of 49,770 units last month, registering a market share of 3.97%.
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Ola Electric continues to be the best-selling electric two-wheeler brands in India in August 2023. The EV manufacturer reported sales of 18,628 units, registering a market share of 1.48% market share.
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Ather Energy secures 9th position with 7,064 units in August 2023 as compared to 5,376 units in August 2022. The EV maker now has a market share of 0.56 percent.
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Piaggio Vehicles sums up the top-10 list, with sales of 2,973 units in the month of August 2023. The company now has a 0.24% market share.
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Stay tuned with TOI Auto for recent updates in the automotive industry.
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