Yamaha Two-Wheeler Sales May 2026: Ray, R15 And MT-15 Drive 58% YoY Growth

Yamaha Motor India posted a strong performance in May 2026, with total domestic sales of 72,821 units, compared to 46,086 units in May 2025. This translated into a robust 58% year-on-year growth, supported by healthy demand across scooters as well as premium motorcycles.

On a month-on-month basis, Yamaha also managed to grow by 7%, improving from 67,988 units in April 2026. The growth was led by the Ray scooter, MT-15, R15 and Aerox, while Fascino and FZ witnessed some sequential decline.

Yamaha Sales May 2026 – Model-Wise Performance

Model	May 2026	May 2025	YoY Growth	April 2026	MoM Growth
Ray	21,403	13,023	64%	17,298	24%
FZ	14,862	12,979	15%	15,729	-6%
R15	9,803	5,997	63%	9,066	8%
MT-15	9,579	7,034	36%	6,741	42%
Fascino	8,412	5,251	60%	10,430	-19%
XSR	6,587	0	-	6,914	-5%
Aerox	2,091	1,760	19%	1,708	22%
EC06	84	0	-	102	-18%
R3	0	42	-100%	0	0%
Total	72,821	46,086	58%	67,988	7%

• The Yamaha Ray was the company’s best-selling model in May 2026 with 21,403 units sold. It registered a strong 64% year-on-year growth over 13,023 units sold in May 2025. The Ray also showed strong sequential momentum, growing 24% month-on-month from 17,298 units in April 2026.

• The Yamaha Fascino recorded sales of 8,412 units in May 2026, up 60% year-on-year from 5,251 units in May 2025. However, compared to April 2026, Fascino sales declined 19% from 10,430 units,

• The Yamaha FZ remained the brand’s largest-selling motorcycle in May 2026 with 14,862 units. It grew 15% year-on-year compared to 12,979 units in May 2025.

  On a month-on-month basis, however, the FZ declined 6% from 15,729 units sold in April 2026.

• The Yamaha R15 sold 9,803 units, registering a sharp 63% year-on-year growth over 5,997 units in May 2025. It also grew 8% month-on-month from 9,066 units in April 2026.

• The MT-15 was another strong performer, with sales of 9,579 units in May 2026. The model grew 36% year-on-year from 7,034 units and posted an impressive 42% month-on-month growth over 6,741 units in April 2026.

• The Yamaha XSR contributed 6,587 units in May 2026. Since the model had no comparable base in May 2025, year-on-year growth is not applicable. Sequentially, XSR sales declined 5% from 6,914 units in April 2026.

• The Yamaha Aerox recorded sales of 2,091 units in May 2026, growing 19% year-on-year from 1,760 units in May 2025. On a month-on-month basis, the Aerox grew 22% from 1,708 units sold in April 2026.

• Yamaha’s e-scooter, the EC06, registered 84 units in May 2026. Since there was no comparable volume in May 2025, year-on-year growth is not directly comparable.

  Compared to April 2026, when the EC06 sold 102 units, sales declined 18% month-on-month.

• The Yamaha R3 recorded 0 units in May 2026, compared to 42 units in May 2025. This resulted in a 100% year-on-year decline. The model also reported no sales in April 2026.

Key Highlights

Yamaha’s May 2026 sales were driven by a strong mix of scooters and premium motorcycles. The Ray was the clear volume leader, while the FZ remained the top motorcycle. The R15 and MT-15 posted strong growth, reinforcing Yamaha’s position in the premium 150cc motorcycle segment.

The brand’s overall performance was impressive, with 58% YoY growth and 7% MoM growth. However, the sequential decline in models like Fascino, FZ and XSR shows that demand was not uniform across the portfolio.

Overall, May 2026 was a strong month for Yamaha, with healthy growth across key models and continued traction in both scooter and enthusiast motorcycle categories.