Two Wheeler Sales June 2023 - Hero, Honda, TVS, Bajaj, Royal Enfield

Higher costs of two wheelers, rising EMIs and lower rural sentiment saw weak demand in the two-wheeler motorcycle segment in June 2023. Total sales (domestic + exports) fell both on a YoY and MoM basis down to 14,36,245 units in June 2023, from 15,39,821 units sold in June 2022. This was a volume de-growth of 1,03,576 units. MoM sales fell by 7.54 percent when compared to 15,53,319 units sold in May 2023 relating to a