Hero Splendor continues its dominance over Honda’s Activa to become the best selling bike of August 2020. Activa has consistently lost volumes in the past months and has affected Honda’s performance to a large extent.
The list of Top 10 selling bikes of August 2020 is as shown –
Hero Splendor was India’s best selling two wheeler for August 2020. It sold almost 1.2 times the second ranked Honda Activa. Hero is cashing in the rural market upswing and its Splendor has been consistently ruling the charts from the past few months.
Activa ranked second and sold almost a 39k units lesser than Splendor in August!
Honda’s CB Shine ranked fourth and sold almost 1.06L units in Aug’20.
Bajaj Pulsar came in the Top 5 list and sold over 87k units last month.
India’s only Moped – TVS XL is still doing steady volumes and was India’s 6th best selling two wheeler for August 2020!
There were 3 scooters in the top 10 selling two wheelers. TVS’s Jupiter & Honda’s Dio fared in the Top 10 along with Activa.
List of Top 10 selling Motorcycles for August 2020 –
Three Wheelers as a category recorded the highest YoY decline in August 2020. The sales dipped a hefty -69.5% in Aug’20 v/s Aug’19. As per the FADA report; only 16,857 three wheelers were sold in Aug’20 against 55,293 units sold in Aug’19.
OEM wise Three Wheelers Sales / Registration Figures –
Bajaj Auto maintained its Numero Uno spot. However; it registered a fall of -75.7% YoY and its market share declined too by -9.6%.
Piaggio YoY sales fell by -61.8% and it could sell only 3,688 units in August 2020. It anyhow recorded a Market Share increase of 4.4%.
Do note that ‘Others including EV’ had the lowest YoY decline and also the highest Market Share increase (9.9%). We expect that the EV’s are rapidly catching up in the 3W space and is reflecting accordingly in the sales volumes.
Statewise Three Wheeler Sales Statistics –
Bihar was the No.1 state in terms of 3 wheeler sales! Around 3,312 units of 3 wheelers were sold in Bihar alone – which is over 20% of the nation’s 3W sales volumes! Bihar is also one of the biggest markets in India for Electric Three Wheelers.
Bihar’s neighboring state UP came in a close second and 2,954 three wheelers were sold in August 2020.
Maharashtra ranked third with sales of 1,513 units. The YoY decline was a mammoth -80.3%.
1- The above numbers do not have figures from AP, AN, MP, LD & TS as all these States/UT’s are not yet on Vahan 4.
2- Vehicle Registration Data has been collated as on 07.09.20 and in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,242 out of 1,450 RTOs.
Mahindra was India’s Top Commercial Vehcile maker for August 2020 and it commanded a market share of 40.68%. Mahindra’s Market Share improved a phenomenal 17.1% in Aug’20 v/s Aug’19!
The Commercial Vehicle sales has been under tremendous pressure since FY2020 and this year the volumes have dipped to all time low levels. The Commercial Vehicle registrations dipped by -57.4% YoY and only 26,536 CVs were registered in August 2020.
OEM wise CV Sales / Registrations for August 2020 –
Tata Motors CV sales fell by -73.2% and it lost Market Share of -15.9%. Tata’s loss was Mahindra’s gain!
Ashok Leyland degrew -70.5% YoY and its market share fell by -4.7%
Maruti Suzuki has been able to catch up well and increased its market share solely on a single model (Super Carry). Maruti’s Market Share increased from 3.26% in Aug’19 to 6.69% in Aug’20.
Statewise CV Sales for August 2020 –
Tamil Nadu was India’s largest CV consumer and around 3,832 CVs were registered in August 2020.
Maharashtra came in a close second and 3,654 units were retailed in August 2020. UP ranked third in the list and 2,625 CVs were sold in August 2020.
The Top 5 states contributed to almost 54% of the overall CV sales. Also 80% of the CVs were sold in the Top 10 states!