300cc To 500cc Motorcycle Sales Jan 2024 – RE, Triumph, KTM, R3, RS457, X440, Eliminator

Harley-Davidson has outsold its immediate rivals from Triumph, Jawa/Yezdi and even surpassed KTM 390 range and RE New Himalayan

Despite commuters leading the way for 2W sales, most of the enthusiast and premium motorcycle offerings fall in 300cc to 500cc segment.

With more motorcycles populating this segment, 300cc to 500cc space has turned out to be a Royal Rumble match where Royal Enfield, Honda, Harley-Davidson, Triumph, Jawa/Yezdi, KTM, TVS, Bajaj and other players operate. The champion of this Royal Rumble match is Royal Enfield with its slew of 350cc, 410cc and 450cc offerings.

300cc To 500cc Motorcycle Sales January 2024

In total, Royal Enfield sold 67,888 units and 85.3% market share, followed by 4,020 Hondas, 3,349 Harley-Davidsons, 2,808 units of Jawa/Yezdi, 2,015 Triumphs and others. In total, the segment accounted for 79,581 units with 13.97% YoY growth and 21% MoM growth over December 2023.

Royal Enfield Classic 350 remains the biggest volume generator of this space with 28,013 units sold along with 7.19% YoY growth and 31.93% MoM growth. Classic 350 alone is responsible for 35.2% of market share in this space. Volume growth stood at 1,879 and 6,779 units YoY and MoM respectively.

Bullet 350 and Hunter 350 secured 2nd and 3rd places with 15,590 and 13,536 units respectively. While Bullet 350 saw 12.21% YoY growth and 23.66 MoM growth, Hunter 350 lost 18.33% sales YoY and gained 15.64% MoM. Meteor 350 in 4th place showed a similar pattern as Hunter 350 with a 2.66% YoY drop and 22.2% MoM growth from 7,419 units sold.