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FADA: 2-Wheelers Retail Sales Clocks a Dip of 11.19% in December 2022

Published at January 5, 2023 by BikeJunction

FADA: 2-Wheelers Retail Sales Clocks a Dip of 11.19% in December 2022

According to December 2022 sales data released by the Federation of Automobile Dealers Associations (FADA), the Indian 2W segment showed a significant fall of 11.19% YoY, when compared to December 2021.

For December 2022, 11,33,138 units of total 2-wheelers were sold in the Indian market. This indicates a decrease in the total 2-wheeler sales in India by 1,42,756 units, translating to an 11.19% year-on-year decrease in total 2-wheeler retail. The figures for the total 2-wheeler sold in the Indian market for December 2021 stood at 12,75,894 units.

This year too, we see Hero MotoCorp leading the entire 2-wheeler market in India with more than 3,30,175 units sold. However, the company did see a dip of 25.60% YoY, with the December 2021 sales figure at 4,43,809 units.

Second on the list is the Honda Motorcycle and Scooter India Pvt. Ltd., which saw a growth of 3.12%, with 2,94,011 units sold this year and 2,84,998 units last year of the same month. TVS Motor Company bagged 3rd place, but with a dip of 7.55%, with 1,76,072 units sold this year and 1,90,457 units sold last year in the same month.

In the electric two-wheeler market, Ola electric is the number one player with a growth percentage of a whopping 7100% this year. The company sold 17,280 units in December 2022 as compared to 240 units in December 2021.

Ola Electric was followed by Hero Electric Vehicles Pvt. Ltd, which saw a growth of 33.49%, with 8,091 units sold in December 2022 as compared to 6,061 units sold in December 2021. Ather Energy Pvt Ltd also saw a massive growth of a whopping 321.73%, with 7,646 sold in December 2022 as compared to 1,813 units in December 2021.

Find below the complete list of all the 2-wheeler manufacturers and their sales and market share this year compared to last year of the same month.

Two-Wheeler OEM	DEC'22	DEC'21	Growth (%)	Market Share (%), DEC'22	Market Share (%), DEC'21	Market Share (%) Growth
Hero Motocorp Ltd	3,30,175	4,43,809	-25.60%	29.14%	34.78%	-5.64%
Honda Motorcycle And Scooter India (P) Ltd	2,94,011	2,84,998	3.12%	25.95%	22.34%	3.61%
Tvs Motor Company Ltd	1,76,072	1,90,457	-7.55%	15.54%	14.93%	0.61%
Bajaj Auto Ltd	1,25,854	1,64,133	-23.32%	11.11%	12.86%	-1.75%
Royal-Enfield (Unit Of Eicher Ltd)	56,028	41,675	34.44%	4.94%	3.27%	1.67%
Suzuki Motorcycle India Pvt Ltd	53,043	42,643	24.38%	4.68%	3.34%	1.34%
India Yamaha Motor Pvt Ltd	39,860	39,357	1.27%	3.52%	3.08%	1.78%
Ola Electric Technologies Pvt Ltd	17,280	240	7100%	1.52%	0.02%	1.5%
Hero Electric Vehicles Pvt. Ltd	8,091	6,061	33.49%	0.71%	0.48%	0.23%
Ather Energy Pvt Ltd	7,646	1,813	321.73%	0.67%	0.14%	0.53%
Okinawa Autotech Pvt Ltd	5,279	6,101	-13.47%	0.47%	0.48%	-0.01%
Ampere Vehicles Private Limited	4,408	3,343	31.85%	0.39%	0.26%	0.13%
Piaggio Vehicles Pvt Ltd	2,711	3,790	-28.46%	0.24%	0.30%	-0.06%
Classic Legends Pvt Ltd	2,681	2,484	7.93%	0.24%	0.19%	0.05%
Okaya Ev Pvt Ltd	1,449	-	-	0.13%	0.00%	-
Being India Energy And Technology Pvt Ltd	966	1,094	-11.7%	0.09%	0.09%	-
Pur Energy Pvt Ltd	780	1,685	-53.7%	0.07%	0.13%	-0.06%
Kinetic Green Energy & Power Solutions Ltd	749	-	-	0.07%	0.00%	-
Jitendra New Ev-Tech Pvt. Ltd	669	493	35.69%	0.06%	0.04%	0.02%
Bgauss Auto Private Limited	592	-	-	0.05%	0.00%	-
Others Including EV	4,794	41,718	-88.5%	0.42%	3.27%	-2.85%
Total	11,33,138	12,75,894	-11.18%	100%	100%