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 –