Yamaha Motor India secured the 7th position among two-wheeler brands in domestic sales for November 2024. Despite being outpaced by leading brands such as Hero, Honda, and TVS, Yamaha continues to be a key player in the market. The brand reported domestic sales of 55,781 units, marking a year-on-year (YoY) decline of 7.36% compared to 60,212 units in November 2023.
Yamaha Sales Nov 2024 – YoY Comparison
Yamaha Motor India reported domestic two-wheeler sales of 55,781 units in November 2024, reflecting a 7.36% decline compared to 60,212 units sold during the same period last year. The performance varied across models, with some showing growth while others faced significant challenges. RayZR emerged as the top performer, recording 14,428 units and achieving a robust 26.54% year-on-year growth, adding 3,026 units over November 2023. Similarly, MT15 posted an 8.25% increase in sales, with 9,894 units sold, 754 units more than last year.
In contrast, several models saw declining numbers. FZ series recorded sales of 14,406 units, a drop of 11.25% or 1,827 units year-on-year. Fascino, one of Yamaha’s popular scooters, sold 7,921 units but saw a 7.52% decline compared to last year, losing 644 units.
R15 faced a sharp decline of 36.96%, with sales falling to 7,105 units, a loss of 4,165 units. Aerox suffered the steepest drop, with sales plummeting by 43.95% to just 2,019 units, a reduction of 1,583 units. R3 and MT03 contributed 8 units.
Yamaha Sales Nov 2024 – MoM Comparison
Following the year-on-year analysis, Yamaha Motor India’s month-on-month (MoM) sales performance in November 2024 witnessed a steep decline. Total domestic two-wheeler sales dropped by 25.97%, with 55,781 units sold in November compared to 75,349 units in October 2024—a loss of 19,568 units.
RayZR scooter, despite being the top performer, recorded a significant decline of 21.80% MoM, with sales dropping by 4,023 units to 14,428 in November. Similarly, FZ series saw a 19.40% drop, with sales reducing by 3,468 units to 14,406. MT15, another key model, faced a 26.19% decline, selling 9,894 units, down by 3,511 units compared to October.
Scooters like Fascino and Aerox also struggled. Fascino sales fell by 30.08%, losing 3,408 units to settle at 7,921 units. Aerox recorded a 28.56% decline, with 2,019 units sold in November—a reduction of 807 units compared to the previous month. R15 faced the steepest decline among major models, dropping 37.94% MoM with sales falling to 7,105 units, a loss of 4,344 units. Meanwhile, the R3 and MT03 contributed just 8 units in November, down by 7 units from October, marking a sharp 46.67% drop. The significant MoM decline reflects a post-festive demand dip, typical in the Indian two-wheeler market.
