Statewise Two Wheeler Sales – August 2020

The Top 10 states in terms of Two Wheeler Sales for Aug 2020 is as shown –

  • The Top 10 states contributed to over 76% of the Two Wheeler sales in India!
  • Eastern States had a clear majority in terms of two wheeler registrations. Bihar & WB fared in the Top 5!
  • Uttar Pradesh remains the undisputed No.1 State.
Statewise Two Wheeler Registration Statistics – 
Source: FADA Research
  • Uttar Pradesh was the No.1 state in terms of Two Wheeler registrations! It sold a 1.16 times more than the second ranked state. However; it also recorded a sales dip of -42.2% YoY!
  • Tamil Nadu ranked second all India and emerged the No.1 state in South India in terms of Two Wheeler Registrations! Around 1,10,757 two wheelers were registered in Tamil Nadu in August 2020.
  • Maharashtra stood third in the tally and 84,000 units of two wheelers were registered last month. It anyhow saw a drop of -24.8% sales YoY.
  • Bihar & West Bengal were the two eastern states in Top 5! Bihar registered a sales of 69,441 units and around 65,711 Two wheeler registrations were done in West Bengal.

Disclaimer:
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.

Two Wheeler Retail Sales Statistics – August 2020

Two Wheeler Registrations saw a dip of -28.7% in Aug’20 v/s Aug’19. Around 8.98 L two wheelers were sold in India for Aug 2020 v/s sales of 12.6 L units in Aug 2019.

OEM wise Two Wheeler Retails / Registrations for August 2020 – 

Source: FADA Research
  • All OEMs reported a sales decline in August 2020. However; Hero Motocorp bucked the trend and recorded a lower degrowth which helped it increase its Market Share by 5.1%.
  • 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 August 2020.
  • TVS ranked third in the list and its sales fell by -26.6% YoY. The OEM also lost -0.9% Market Share.
  • We are happy to see Jawa Motorcycles volumes being reported here. Jawa sold 1,353 units and its sales fell by -5.9% in Aug 2020 v/s Aug 2019. Going by the volumes; Jawa has a long way to go to give real competition to Royal Enfield. RE sales were over 25 times that of Jawa in Aug 2020!
  • Another trend to note is the EV sales – The EV Two Wheelers grew by 12.5% in Aug’20 v/s Aug’19. The acceptance of EVs is slowly gaining and is reflecting in the volumes. However; the overall share is still way below expected levels.
  • Also awaited is Government’s reduction on GST for Two Wheelers. It is surely going to give the required push to the 2W sales and induce demand.

Disclaimer:
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.