Around 18,49546 two wheelers were dispatched in September 2020 from OEMs to their respective dealerships. The Industry recorded a growth of 11.4% in Sep’20 v/s Sep’19 in anticipation to the festive season.
Two Wheeler OEM Performance for September 2020 –RankOEMSep’201Hero MotoCorp6,97,2932Honda5,00,8883TVS2,41,7624Bajaj Auto2,19,5005Suzuki65,1956Yamaha63,0527Royal Enfield55,9108Piaggio5,5379Harley Davidson17610Kawasaki12511Triumph7112Mahindra 2W37Total Two Wheeler Sales18,49,546
OEMwise Sales Snapshot –
The Two Wheeler Sales had a double digit growth of 11.6% in Sep 2020 v/s Sep 2019. The overall two wheeler sales managed to cross 18 Lakh units in Sep 2020.
Hero Moto Corp was the No.1 Two Wheeler manufacturer in Sep’20 and the OEM sales grew by 16.1% YoY. Its Market Share increased too by 1.46% to 37.7%.
Honda registered the Market Share fall of -1.61% even though the sales grew by -9.9%.
Bajaj Auto volumes shot up the highest by 23.8% YoY and it was able to increase its market share by 1.16%.
Suzuki Motorcycles volumes was almost flat and market share dropped to 3.52% as well!
Market Share Graph –