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

CalenderPublished 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 OEMDEC'22DEC'21Growth (%)Market Share (%), DEC'22Market Share (%), DEC'21Market Share (%) Growth
Hero Motocorp Ltd3,30,1754,43,809-25.60%29.14%34.78%-5.64%
Honda Motorcycle And Scooter India (P) Ltd2,94,0112,84,9983.12%25.95%22.34%3.61%
Tvs Motor Company Ltd1,76,0721,90,457-7.55%15.54%14.93%0.61%
Bajaj Auto Ltd1,25,8541,64,133-23.32%11.11%12.86%-1.75%
Royal-Enfield (Unit Of Eicher Ltd)56,02841,67534.44%4.94%3.27%1.67%
Suzuki Motorcycle India Pvt Ltd53,04342,64324.38%4.68%3.34%1.34%
India Yamaha Motor Pvt Ltd39,86039,3571.27%3.52%3.08%1.78%
Ola Electric Technologies Pvt Ltd17,2802407100%1.52%0.02%1.5%
Hero Electric Vehicles Pvt. Ltd8,0916,06133.49%0.71%0.48%0.23%
Ather Energy Pvt Ltd7,6461,813321.73%0.67%0.14%0.53%
Okinawa Autotech Pvt Ltd5,2796,101-13.47%0.47%0.48%-0.01%
Ampere Vehicles Private Limited4,4083,34331.85%0.39%0.26%0.13%
Piaggio Vehicles Pvt Ltd2,7113,790-28.46%0.24%0.30%-0.06%
Classic Legends Pvt Ltd2,6812,4847.93%0.24%0.19%0.05%
Okaya Ev Pvt Ltd1,449--0.13%0.00%-
Being India Energy And Technology Pvt Ltd9661,094-11.7%0.09%0.09%-
Pur Energy Pvt Ltd7801,685-53.7%0.07%0.13%-0.06%
Kinetic Green Energy & Power Solutions Ltd749--0.07%0.00%-
Jitendra New Ev-Tech Pvt. Ltd66949335.69%0.06%0.04%0.02%
Bgauss Auto Private Limited592--0.05%0.00%-
Others Including EV4,79441,718-88.5%0.42%3.27%-2.85%

To get latest updates & more information about the 2-wheelers or bike industry trends in india, visit bikejunction.

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