Two Wheeler Retail Sales Statistics – July 2020

Two Wheeler Registrations saw a dip of -37.5% in July’20 v/s July’19. Around 8.74 L two wheelers were sold in India for July 2020 v/s sales of 13.98 L units in July 2019.

OEM wise Two Wheeler Retails / Registrations for July 2020 – 

  • All OEMs reported a sales decline in July 2020. However; Hero Motocorp bucked the trend and recorded the lowest degrowth. It was also able to increase its Market Share by 5.05%.
  • The gap between Honda & Hero is widening with every passing month. With heavy dependency on scooters; Honda is losing the race as the rural markets are preferring motorcycles. Honda registered the highest market share fall in July 2020.
  • TVS ranked third in the list and its sales fell by -41.1% YoY. The OEM also lost -0.88% Market Share.
  • We are happy to see Jawa Motorcycles volumes being reported here. Jawa sold a meager 569 units and its sales fell by -42.6% in July 2020 v/s July 2019. Going by the volumes; Jawa has a long way to go to give real competition to Royal Enfield. RE sales were over 60 times that of Jawa in July 2020!




Statewise Two Wheeler Sales in July 2020 – 

  • Uttar Pradesh was the No.1 state in terms of Two Wheeler registrations too! It sold a magnanimous 1.7 times more than the second ranked state. However; it also recorded a sales dip of -37.6% YoY!
  • Tamil Nadu ranked second all India and emerged the No.1 state in South India in terms of Two Wheeler Registrations! Around 95,902 two wheelers were registered in Tamil Nadu in July 2020.
  • Maharashtra stood third in the tally and 70,690 units of two wheelers were registered last month. It anyhow saw a drop of -41.5% sales YoY.
  • West Bengal was the only eastern state in Top 5 and registered a sales of 66,333 units. It recorded a YoY degrowth of 35%.

NOTE: 

  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 07.08.20 and in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,235 out of 1,445 RTOs.

Tractors Retail Sales Statistics – July 2020 (FADA Report)

Tractors was the only category to register YoY growth in July 2020. Tractors registration continued its positive momentum showing a growth of 37.24% in July’20 v/s July’19.

Rural market continued to show strong growth due to a good monsoon. Tractor sales was positively impacted with the monsoon progress and spread. Riding high on back of good monsoons, favorable Kharif season and increased disposal income in the rural areas majority OEMs registered high double-digit growth in July 2020 sales.

OEM wise Tractor Sales Performance for July 2020 – 

    • Mahindra + Swaraj commanded a Market Share of 40.5% in July 2020 and its market share increased by 1.44% when compared to July 2019.
    • TAFE registered strong sales growth too and grew an impressive 47.37% in July 2020 v/s July 2019. It also saw a market share increase of 0.86%.
    • Sonalika ranked fourth and recorded a Market Share of 11.8% in July 2020.
    • Escorts was in touching distance of Sonalika and sold just 208 units that of Sonalika’s. It recorded a YoY growth of 46.64% and its market share improved too by 0.74%.




Statewise Tractor Sales / Registrations in July 2020 – 

  • Maharashtra & Bihar performance was exemplary in July 2020. While Maharashtra YoY growth was a record 120.7%; Bihar’s tractor sales improved a mammoth 60% in July’20 v/s July’19. The return of migrant workers in Bihar has given an stimulus to the sale of tractors in the state, with the state recording one of the highest increase in percentage terms in July 2020. As per experts opinion, the migrants are looking at agriculture as an alternate employment opportunity to compensate for loss of jobs during Covid-19.
  • Uttar Pradesh was the No.1 State in terms of Tractor Sales and it registered a YoY growth of 31.3% as well.
  • Gujarat came in second and around 11,704 tractors were registered in July 2020.
  • Rajasthan ranked third and was just 298 units short of Gujarat.
  • It is surprising to see that only 36 tractors were registered in Kerala in July 2020!

NOTE: 

  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 07.08.20 and in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,235 out of 1,445 RTOs.