350cc Motorcycle April Sales 2022: Meteor, Bullet, CB350

The 350cc bikes have a very big market in India and we have seen how Royal Enfield has been an undisputed leader in India in this segment. Although there has been a decline in numbers, we all hope the coming years would be fruitful.

With 51,827 units sold in April, the 350cc motorbike segment saw a moderate increase of 8.77 percent. Last year, 47,650 units were sold over the same time period. In the month, Bullet and Meteor both had negative YoY growth.

Sales are down by 6.50 percent month over month. In March 2022, sales increased to 55,432 units. In April, all motorbikes experienced a negative year-over-year increase. Exports increased by 89.82 percent in April, totaling 5,163 units. In April of last year, exports totaled 2,720 units. In comparison to 4,077 units exported in March 2022, MoM growth is also good at 26.64 percent.

Classic 350 continues to dominate this market with a 62.85% market share. In April, sales increased by 39.82 percent to 32,575 units. In the same period the previous year, 23,298 units were sold. In comparison to 32,694 units sold in March, Classic MoM growth is down by -0.36 percent. Royal Enfield recently raised the price of the Classic 350 from Rs 1,846 to Rs 2,846. The bike can now be purchased for between Rs 1.90 lakh and Rs 2.20 lakh.

Bullet 350 is in second place, with 7,513 units sold in April. When compared to 9,908 units sold in April of last year, YoY growth is down by -24.17 percent. The company has a 14.50 percent market share. In comparison to 8,283 units sold in March, MoM growth is down by -9.30 percent. Fans can anticipate the release of the new-generation Bullet later this year. It will have new styling, a new platform, and an engine, as well as some new functions.

The Meteor 350 is next on the list, with 4,617 units sold in April. When compared to 7,844 units sold in April of last year, YoY growth is down by -41.14 percent. The company has an 8.91 percent market share. In comparison to 6,589 units sold in March, MoM growth is down by -29.93%. Meteor received three additional color options recently: green, blue, and red. Due to Tripper navigation becoming an optional function, the price was reduced by Rs 5k.

The Electra 350 is in fourth place, with 3,918 units sold in April. In April of the previous year, 3,631 units were sold, representing a 7.90 percent increase year over year. 7.56 percent of the market share. When compared to the 4,460 units sold in March, MoM growth is down by -12.15 percent.

With 3,204 units sold in April, the Honda CB350 sits in fifth place. In April of the previous year, 2,969 units were sold, representing a 7.92 percent increase year over year. 6.18 percent of the market share In comparison to 3,406 units sold in March, MoM growth is down by -5.93 percent.

CB350 takes the lead in export markets. In April, the CB350 index increased by 164.40 percent. The export market share is 43.02 percent. In April 2022, 2,221 units were shipped, compared to 840 units in April of the previous year. In March, 450 units were shipped, which represents a 393.56% increase over the previous month. With 1,797 units exported in April, the Classic 350 is in second place. In April of the previous year, 724 units were shipped, representing a YoY increase of 148.20 percent. The company has a 34.81 percent market share.

Meteor is ranked third, with 1,138 units exported in April. When compared to the 1,143 units exported in April of the previous year, YoY growth is down by -0.44 percent. The company has a 22.04 percent market share. In March, 1,046 units were shipped, representing an increase of 8.80% over the previous month. The bullet is fourth on the list, with 7 units exported in April. In the month, Electra 350 had no exports.