HomeBike News350cc Motorcycle Sales Feb 2021 - Classic, Bullet, Meteor, HNess CB350

350cc Motorcycle Sales Feb 2021 – Classic, Bullet, Meteor, HNess CB350

Royal Enfield Classic 350
Image – The Bikers Diary

Led by Royal Enfield, 350cc motorcycle segment has registered double digit growth in February 2021

A total of 65,438 units were sold, as compared to 56,050 units in February last year. YoY growth is 16.75%. Talking about MoM growth, sales have slackened -1.58% in comparison to 66,489 units sold in January 2021.

Export numbers are much better, with both YoY and MoM growth being positive. A total of 2,492 units were exported in February 2021, as compared to 398 units in February last year. YoY growth in exports is at 526.13%. Exports in February last year had dropped due to Covid-19 situation that had started impacting global markets. MoM growth is at 58.52%, as compared to 1,572 units exported in January 2021.

350cc motorcycles domestic sales – February 2021

Royal Enfield Classic 350 leads the pack with 36,025 units sold in February 2021. YoY growth has turned negative at -13.75%, as compared to 41,766 units sold in February last year. Classic 350 share in sales was 55.05%. MoM sales are also down at -11.86%, as compared to 40,872 units sold in January 2021.

This dip in sales is likely due to the anticipated launch of next-gen Classic 350. As reported earlier, new Classic 350 will pack in a range of updates such as new J platform, new engine, and updated instrument cluster with Tripper navigation.

350cc Motorcycle Sales Feb 2021
350cc Motorcycle Sales Feb 2021

At number two is Bullet 350 with 11,044 units sold in February 2021. YoY growth is 4.30%, as compared to 10,589 units sold in February last year. Market share is at 16.88%. In terms of MoM growth, Bullet 350 sales are down by -4.55%, as compared to 11,570 units sold in January 2021.

Next in the list is Meteor 350, which continues to register consistent numbers. A total of 8,624 units were sold in February 2021. MoM sales have improved by 70%, as compared to 5,073 units sold in January 2021. Meteor market share is at 13.18%.

Electra 350 is at fourth place with 6,477 units sold in February. YoY growth is 75.29%, as compared to 3,695 units sold in February last year. MoM growth is also positive at 19.26%, as compared to 5,431 units sold in January 2021. Market share is at 9.90%. Honda H’ness CB350 is next with 3,268 units sold in February. MoM sales are down by -7.76%, as compared to 3,543 units sold in January 2021. CB350 market share is 4.99%.

350cc Motorcycle Exports Feb 2021
350cc Motorcycle Exports Feb 2021

350cc motorcycles exports – February 2021

Classic 350 leads in exports with 1,563 units exported in February 2021. YoY gain is at 312.40%, as compared to 379 units exported in February last year. MoM export growth is also positive at 41.19%. Next is Meteor 350 with exports of 620 units. MoM growth is up 236.96%, as compared to 184 units exported in January 2021.

At number three is CB350 with exports of 300 units. MoM growth is 11.11%, as compared to 270 units exported in January 2021. Electra 350 is next with both YoY and MoM growth being negative at -52.63% and -18.18%, respectively.

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