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Two Wheeler Sales in India for the Year 2020 - Hero gains the highest Market Share

Updated: Feb 19

Over 1.42 crore two wheelers were sold in the Indian market for the year 2020. The Two Wheeler Industry recorded a degrowth of -23.2% YoY and was primarily due to the zero offtake in April'20.

OEM wise Car Sales & Market Share Analysis - 2020
  • Hero Motocorp recorded a YoY fall of -19.2% v/s Industry's degrowth of -23.2%. The OEM was hence able to gain a Market Share of 1.8% in 2020 vis-a-vis 2019.

  • Honda volumes fell -25.5% YoY and it also recorded the highest Market Share fall in 2020. HMSI primarily lost in the commuter motorcycle segment and its best seller Activa volumes fell too.

  • TVS too followed HMSI and lost over -26% volumes YoY. It also saw a dip in Market Share by -0.6%.

  • Do note Royal Enfield was able to enhance its Market Share even with competition stiffening up. Jawa & Honda has made presence in the segment - However; RE was able to gain Market Share. The volumes of the 650 twins have been impressive too.

  • Yamaha was the only mass market OEM to gain Market Share in 2020 apart from Hero & Royal Enfield. The OEM registered a drop in volumes of -20.5% YoY.

Monthwise Sales Trend of Two Wheeler OEMs in 2020 -

Sales in Mar'20 to June'20 was heavily impacted due to Covid19 pandemic

Two Wheeler Sales Trend in India for the year 2020


Let us now have a look at the Top 15 selling Motorcycles of the Year 2020 -

  • Hero had a clear lead in the Motorcycles segment and 5 models from the OEM fared in the Top 15 list. Do note that Splendor + Super Splendor sold near to 23 Lakh units in 2020!

  • Pulsar series has been an undoubted hit for Bajaj and helped it fight HMSI in the segment clearly. Pulsar was also managed to outsell Honda's Shine in 2020!

  • Royal Enfield's Classic 350 fared in the Top 5 and was the fifth best selling Motorcyle of 2020.

Top 15 selling Scooters of the Year 2020 -

  • Honda's Activa maintained the clear lead and was the undoubted No.1 Scooter of 2020. It sold near to 19 Lakh units and continued Honda's dominance in the segment.

  • TVS Jupiter stood second in the list and was closely followed by Suzuki Access.

  • TVS had 4 offerings in the Top 15; followed by 3 models from Honda & Hero each.

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