Significant growth is being seen in Indian automotive companies. This is the reason why March 2023 is proving to be special for all automotive companies. Hero MotoCorp has once again become the country’s largest bike and scooter seller.
TVS Motor, Honda Motorcycle and Scooter, Royal Enfield, Suzuki and Bajaj Auto have also seen an increase in sales. Let us tell you the sales data of March 2023 of these companies.
Hero MotoCorp continues to dominate the Indian market. The company has sold 5 lakh units in March 2023. It has seen an increase of 31.5 percent as compared to February 2023. In February, 3,82,317 units were sold. The company sold only 4,15,764 units in March 2022.
Indian company TVS Motor has sold 2,40,780 units in March 2023 and registered a growth of 22 percent. In February 2023, the company had sold 1,73,198 units. In March 2022, the company had sold 1,96,596 units.
Honda Motorcycle & Scooter India
Sharing the figures of March and February 2023, Honda has informed that the company has seen a huge decline of 36 per cent in sales, as the company has sold only 1,97,512 units in March and 2,27,064 units in February, while in March 2022 The company had sold 3,09,549 units.
Bajaj Auto sold 1,52,287 units in March 2023, registering a growth of 42 per cent. At the same time, there has been an increase of 26.5 percent in February 2023, the company has sold 1,20,335 units in February. In March 2022, 1,07,081 units were sold.
Suzuki has released the February figure which shows a growth of 23.9 per cent as compared to March 2022. Last year the company sold 50,734 units. Suzuki has made its fifth position in India. Please tell that there was a good sale in the year 2022.
Royal Enfield has sold 64,436 units in February 2023 and 59,884 units in March 2023. In this, the March figure is 7 percent less than February. And in March 2022, 58,447 units were sold.