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 –