- two-wheeler
- 2W
- sales
- performance
- Honda
- Suzuki
- Yamaha
- Royal Enfield
- Hero
- Bajaj
- November 2024
- year on year
Two-wheeler Sales Performance In November 2024
- By MT Bureau
- December 04, 2024
Honda Motorcycle & Scooter India (HMSI) dispatched 4,72,749 units in November 2024. Of these, 4,32,888 units accounted for domestic sales, an increase of three percent when compared to the sale of 4,20,677 vehicles in November 2023. The company exported 39,861 units in the respective month.
Royal Enfield sold 72,236 units in the domestic market in India in November 2024 marking a decrease of four percent when compared to the sale of 75,137 vehicles in November 2023. The two-wheeler major exported 10,021 units in November, up 96 percent as compared to the export of 5,114 vehicles in November 2023.
Hero MotoCorp sold 459,805 units in November 2024 marking a 6.36 percent decrease when compared to the sale of 491,050 vehicles in November 2023. Domestic sales in November 2024 were 439,777 vehicles, down 7.66 percent when compared to the sale of 476, 286 units in November 2023. Exports saw a growth of 35.65 percent increase with 20,028 units dispatched in comparison to 14,764 units dispatched in November 2023.
At 4,21,640 units in November 2024, Bajaj Auto has announced a five percent increase in total sales year-on-year. In the domestic market, the company saw a sales decline of seven percent at 2,40,854 units. In November 2023, it sold 2,57,744 vehicles.
At 1,80,786 units, the two-wheeler major witnessed a 24 percent rise in exports in November 2024. In November 2023, it exported 1,45,259 vehicles.
Suzuki Motorcycle India Pvt Ltd achieved a total sale of 94,370 vehicles in November 2024, up eight percent when compared to the sale of 87,096 units in November 2023.
The domestic sale in November 2024 stood at 78,333 units, up seven percent when compared to the sale of 73,135 units in November 2023. Exports grew 15 percent at 16,037 units in November 2024 as compared to 13,961 units in November 2023.
TVS Motor Company registered a total sale of 401,250 units in November 2024, an increase of 10 percent when compared to the sale of 364,231 units in November 2023. Of these, 392,473 two-wheelers were sold in November 2024 respectively, marking a 12 percent increase in two-wheelers with the sale of 352,103 units in November 2023. In November 2024, 8,777 three-wheelers were sold marking a modest decline when compared to the sale of 12,128 units in November 2023.
In the domestic market, the two-wheeler business of TVS Motor Company witnessed a four percent growth with the sale of 305,323 units. In November 2023, the company sold 287,017 units. The motorcycle category saw a growth of four percent with the sale of 189,247 vehicles as compared to the sale of 172,836 units in November 2023. Scooter witnessed a growth of 22 percent with the sale of 165,535 units in November 2024 as compared to the sale of 135,749 vehicles in November 2023.
The company recorded a 57 percent growth in electric vehicles with a sale of 26,292 units in November 2024 as compared to the sale of 16,782 vehicles in November 2023. The iQube e-scooter has been a big success, steadily closing the gap with e-scooter market leader Ola Electric’s offerings in the same category.
TVS Motor Company exported 93,755 units in November, clocking a growth of 25 percent year on year when compared with the sale of 75,204 units in November 2023.
Caterham And HWM Celebrate 1951 HWM-Alta Racer With Exclusive Seven HWM Edition
- By MT Bureau
- March 09, 2026
In a collaboration that fuses past and present motorsport excellence, Caterham and its Surrey-based retail partner HWM have unveiled the Seven HWM Edition. This limited-edition model pays tribute to the celebrated 1951 HWM-Alta Grand Prix car, a machine that helped define an era for British racing.
The Seven HWM Edition is limited to just 19 units for the UK market, each priced from GBP 57,990. Every example features a distinctive HWM Green exterior, a colour meticulously matched to the original 1951 racer. Design cues drawn directly from its predecessor include bespoke side panel louvres, a unique nosecone grille and suspension components finished in Retro Grey. Additional touches such as a custom HWM nosecone badge and a central chrome fuel filler cap reinforce the connection.
Inside, the hand-turned aluminium SuperSprint dashboard continues the tribute, equipped with classic SMITHS chrome instrumentation, a solid metal cut-off switch and a polished wood-rimmed Moto-Lita steering wheel. The cabin is completed with optional leather or composite seats bearing the HWM logo, while chrome accents on the gear knob and handbrake add refinement.

Mechanically, the car is rooted in the Seven 420, powered by a 210 bhp 2.0-litre Duratec engine. With a power-to-weight ratio of 375 bhp per tonne, it delivers exhilarating performance, accelerating from 0 to 60 mph in just 3.8 seconds. A numbered dashboard plaque, indicating its exclusivity, is fitted to each of the 19 cars.
HWM, originally established in 1938 as Hersham and Walton Motors, built its reputation as the first British team to claim a Grand Prix victory after the war. Yet it was the 1951 HWM-Alta that truly solidified its place in history, securing numerous international podium finishes with a roster of drivers that included the legendary Sir Stirling Moss. Now primarily a luxury sports car specialist, HWM became an official Caterham retailer for the South East in 2023, making this partnership a natural extension of its longstanding connection to performance engineering.
Trevor Steel, Senior Vice President of Operations & CFO, Caterham Cars, said, “It’s been a real privilege to work with HWM on this special limited edition. Drawing inspiration from the legendary HWM-Alta racer, this car pays tribute to Walton-on-Thames’ rich racing heritage while celebrating the lightweight, driver-focused ethos that defines what Caterham is today. Bringing together two iconically British brands with deep roots in motorsport made this project especially meaningful. It reflects a shared commitment to engineering purity, performance and craftsmanship – values that have shaped both our histories and continue to drive us forward. We’re proud to honour that with a car created for true enthusiasts.”
Guy Jenner, CEO, HWM, said, “We are immensely proud to celebrate HWM’s remarkable history as a works team and grand prix car constructor. This project has given us a unique opportunity to tell the story of how a small outfit from Walton-on-Thames took on the greatest teams in European grand prix racing during one of motor racing’s most inspiring eras. Our sincere thanks go to Caterham for being such an enthusiastic and committed partner. Each of the 19 hand-built cars showcases exquisite detailing, with an outstanding sense of quality and craftsmanship.”
Amazon Pay Expands Vehicle Insurance Portfolio Through New Partnerships
- By MT Bureau
- March 09, 2026
Amazon Pay has announced the expansion of its vehicle insurance sector, establishing partnerships with HDFC ERGO, ACKO and ICICI Lombard. The service provides insurance coverage for 280 million vehicle owners across India, including 250 million two-wheeler and 30 million car owners.
The platform allows users to purchase policies through the Amazon app. The system is designed to reduce common friction points by eliminating the requirement for physical inspections of two-wheelers and removing sales calls during the procurement process.
Policies are issued digitally and made available on the customer's orders page. The service includes access to cashless claims processing at a network of more than 9,000 garages nationwide. This network extends beyond metropolitan areas to include Tier 2 and Tier 3 cities such as Coimbatore, Gwalior and Jhansi.
Amazon Pay insurance offers 100 percent digital onboarding/issuance with minimal documentation. Payments via Amazon Pay with associated cashback options and ability to compare premiums from multiple insurers. Amazon Prime users also get specific discounts by insurers.
The expansion aims to address insurance penetration in India, where data indicates that 70 percent of registered two-wheelers remain uninsured. By partnering with established insurers, Amazon Pay intends to provide a financial safety net for road users in regions where access to such services has previously been limited.
Vikas Bansal, CEO, Amazon Pay India, said, “Amazon Pay strives to innovate for every Indian, simplifying lives and fulfilling aspirations by solving for their payment and financial needs. Our latest expansion of the vehicle insurance portfolio is a direct reflection of that commitment. With more than 70 percent of India's registered two-wheelers uninsured, we are focused on driving deeper insurance penetration into tier 2 and tier 3 cities where access has been limited by partnering with India's most trusted insurers to bring a comprehensive cashless garage network, we are not just offering a service – we are providing a critical safety net for millions of road users and helping to build a more financially secure society.”
- Recreatives Industries
- MAX Amphibious Vehicles
- All-Terrain Vehicles
- TRL Outdoors
- Muddog Amphibious Vehicles
Recreatives Industries Partners With TRL Outdoors To Accelerate MAX Dealer Network Growth
- By MT Bureau
- March 08, 2026
Recreatives Industries, the company behind the iconic MAX 6x6 Amphibious All-Terrain Vehicles, has announced a new partnership aimed at broadening its market reach. The manufacturer has signed a national representation agreement with TRL Outdoors LLC, known for Muddog Amphibious Vehicles. This collaboration is designed to accelerate the growth of the MAX dealer network while reinforcing the brand's ongoing push into utility, industrial and commercial sectors.
As per the agreement, TRL Outdoors will represent the full range of MAX vehicles across the entire country. The move is intended to strengthen nationwide coverage and foster a more structured and sustainable expansion of the dealer base. The representatives bring significant industry experience to the table, having previously worked with manufacturers of high-end industrial amphibious vehicles, whose prices often started well above USD 100,000. This background positions them to effectively introduce the more cost-effective MAX platforms to a market accustomed to substantially higher-priced equipment.
The agreement includes a framework of quarterly performance goals focused on integrating new dealers, increasing market share and enhancing brand visibility. This structured approach is intended to ensure growth is both disciplined and sustainable. With the upcoming availability of models like the MAX 4 and Buffalo, the company is confident that TRL Outdoors will be instrumental in penetrating new sectors. The core strategy hinges on offering capable amphibious performance at a price point significantly lower than many established industrial alternatives. This partnership represents a key step in the company's broader plan to solidify its dealer network and secure long-term, measured growth.
Andrew Lapp, CEO, Recreatives Industries, said, “This agreement aligns with our strategy of expanding deliberately and building a high-quality dealer network. TRL Outdoors has firsthand experience selling premium amphibious vehicles into demanding commercial environments. Their understanding of dealer development, combined with MAX’s proven designs and compelling value proposition, positions us well as we expand into new regions and applications.”
LKQ SYNETIQ’s Annick Jourdenais Rejoins Auto30Club On International Women’s Day
- By MT Bureau
- March 08, 2026
Annick Jourdenais, Managing Director at LKQ SYNETIQ, marked International Women’s Day by rejoining the Automotive 30% Club (Auto30Club) as a Patron Gold member. A longstanding advocate for the organisation’s objectives, her renewed affiliation arrives at a critical juncture as the automotive industry contends with the challenges of electrification and sustainability. Her involvement underscores the critical need for greater female representation in senior leadership roles.
Jourdenais emphasises that the profound transformation occurring within the sector requires innovative thinking and collaborative leadership to build future-ready businesses. Central to this vision is enhancing diversity at the highest levels. At LKQ SYNETIQ, a joint venture focused on circular economy principles, the mission involves responsibly processing end-of-life vehicles and promoting recycled original equipment parts to reshape the automotive lifecycle. Success in this area depends on cohesive strategy among insurers, repairer and supply chain partners, as well as teams enriched by diverse viewpoints.
The company’s long-term strategy is built on developing capability, strengthening operational excellence and fostering a culture that encourages both challenge and innovation. Jourdenais views diversity not as an isolated objective but as integral to improving decision-making, building resilience and ensuring sustainable growth. Beyond her operational duties, her role on the European Women’s Network Steerco allows her to actively support career progression and representation across the business.
While acknowledging the positive momentum across the industry, she stresses that genuine advancement demands persistent effort and collective responsibility. Having first championed the business’s membership during her tenure as CFO at LKQ UK & Ireland, continuing this dedication in her current position holds significant personal meaning. She looks forward to collaborating with fellow Patrons to help cultivate an automotive sector that is both innovative and truly reflective of the diverse talent within it.
Jourdenais said, “The automotive sector is at a defining point. As we respond to electrification, resource pressures and rising sustainability expectations, we have an opportunity to redesign not only how vehicles are built and repaired but how our industry is led. Diverse leadership is fundamental to delivering that long-term transformation. I’m proud to re-join the Automotive 30% Club as a Patron at such a pivotal time for our sector. The scale of change underway across automotive demands bold thinking, collaborative leadership and a commitment to building organisations that are fit for the future. Increasing representation at senior levels is central to that ambition.”

Comments (0)
ADD COMMENT