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.

Two Wheeler Exports Statistics – April to July 2020

Two Wheeler Exports fell by -56.5% in FY21 v/s FY20. Only 5.19L Two Wheelers were exported in Apr-July 2020 vis-a-vis 11.92L units exported in similar period last year.

  • Bajaj maintained its dominance in exports and commanded a market share of 57.8%. While the domestic sales was ailing; Bajaj’s focus on exports is helping manage its financials and capacity utilization even in tough times. Bajaj exports its bikes to over 70 countries and its primary export markets are Africa, Latin America and Middle Eastern countries.
  • TVS too followed Bajaj’s footsteps and has a significant volume coming in from exports. It enjoys a Market Share of 23.8% in Two Wheeler exports and is currently exporting vehicles to over 60 countries in the world!
  • India’s No.1 Two Wheeler manufacturer (Hero Motocorp) ranks third in export volumes. In the first four months of FY21; Hero could export only 32,490 two wheelers and registered a YoY drop of -47.4%.




Top 25 Exported Passenger Vehicles in India (Apr-July’20) – 

  • Bajaj Boxer is the largest exported two wheeler in FY21 as well. 1 out of 3 two wheelers exported from India was a Boxer! Bajaj’s Boxer has a huge demand in African & Latin American countries. Bajaj is also the market leader in many of the African two-wheeler markets and commands a price premium too over the competition!
  • Competing with the Boxer in many markets is the ‘Made-in-India’ TVS Star City. The model saw a combined export volume of 93,529 units.
  • Bajaj is leveraging on its exports capability for brand KTM as well. Duke 390 was the 8th most exported two wheeler from India in FY21. Over 12.9k units were shipped between April to July 2020.
  • While Splendor was Hero’s best bike in terms of exports; Navi led the exports from Honda’s stable.

Top 10 Selling 2 Wheelers of July 2020!

Hero Splendor & HF Deluxe overtake Honda’s Activa to become the best selling bikes of July 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 July 2020 is as shown – 

Rank OEM Model Jul-20
1 Hero Splendor 2,13,413
2 Hero HF Deluxe 1,54,142
3 Honda Activa 1,18,859
4 Honda CB Shine 88,969
5 Bajaj Pulsar 73,836
6 TVS XL 58,403
7 Hero Glamour 51,225
8 TVS Jupiter 48,995
9 Hero Passion 44,377
10 Honda Dio 37,233
  • Hero Splendor was India’s best selling two wheeler for July 2020. It sold almost 1.4 times the second ranked HF Deluxe. Hero is cashing in the rural market upswing and its Splendor has been consistently ruling the charts from the past few months.
  • HF Deluxe too has supported Hero to maintain steady volumes and was the nation’s second best selling 2 wheeler for July 2020. It also overtook Honda’s best seller Activa.
  • Activa is now pushed to the third spot and sold almost a 95k units lesser than Splendor in July!
  • Honda’s CB Shine ranked fourth and sold almost 89k units in July’20.
  • Bajaj Pulsar came in the Top 5 list and sold over 73k units last month.




List of Top 10 selling Motorcycles for July 2020 – 

List of Top 10 selling Scooters for July 2020 –