Around 16,00,379 two wheelers were dispatched in November 2020 from OEMs to their respective dealerships. The Industry recorded a growth of 13.4% in Nov’20 v/s Nov’19 in lieu of the festive season.
OEMwise Sales Snapshot –
The Two Wheeler Sales had a double digit growth of 13.4% in Nov 2020 v/s Nov 2019. The overall two wheeler sales managed to cross 16 Lakh units in Nov 2020.
Hero Moto Corp was the No.1 Two Wheeler manufacturer in Nov’20 and the OEM sales grew by 13.8% YoY. Its Market Share increased too by a minimal 0.13% to 35.99%.
Honda registered the Market Share fall of -0.67% even though the sales grew by 10.5% YoY.
TVS recorded one of the highest YoY growth at 29.6% and its Market Share jumped by 1.93% to 15.48%.
Bajaj Auto volumes increased by 6.7% YoY and its market share fell by -0.74%.
Market Share Graph –