Two Wheeler Sales Snapshot – January 2021
Around 14,29,928 two wheelers were dispatched in January 2021 from OEMs to their respective dealerships. The Industry recorded a growth of 6.6% in Jan’21 v/s Jan’20.
OEMwise Sales Snapshot –
The Two Wheeler Sales had a single digit growth of 6.6% in Jan 2021 v/s Jan 2020. The overall two wheeler sales managed to cross 14 Lakh units in Jan 2021.
Hero Moto Corp was the No.1 Two Wheeler manufacturer in Jan’21 and the OEM sales degrew -4.2% YoY. Its Market Share fell the highest in the Industry – from 36.4% in Jan’20 to 32.7% in Jan’21.
Honda registered the Market Share increase of 1.24% and its sales grew by 11.4% YoY.
TVS recorded one of the highest YoY growth at 25.9% and its Market Share jumped by 2.2% to 14.35%.
Bajaj Auto volumes fell by -0.2% YoY and its market share fell by -0.76%.
Market Share Graph –