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While Hero, TVS, Royal Enfield and Suzuki posted a growth in the domestic two-wheeler volumes in June 2025, Honda and Bajaj witnessed a decline.
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Repo rate cuts and above normal rainfall forecast are expected to give a positive push to the auto sector going forward.
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'We could have fully met or even exceeded our targets of 45 lakh units if not for the unseasonal heavy rains in South India,' says FADA
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Industry players say that the jump in retail sales witnessed in the first 25 days of this festival season is attributed to factors including attractive discounts, tailor-made financing options, new models and rising incomes.
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GST collections tapered in September to Rs 1.73 lakh crore compared with Rs 1.75 lakh crore in the previous month; PMI slowed to an 8-month low
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Our expectation is that the two-wheeler market should grow around 6-8 per cent this year,” Bajaj Auto Executive Director Rakesh Sharma told reporters
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Total automobile sales include 10,26,000 units of PVs, up by 3 percent from 9,96,565 units in Q1 FY24, as per the data shared by auto industry body
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As per industry observers, widespread deployment of funds during polling season will lead to larger sums of money in the hands of people especially in the rural market
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Vinod Aggarwal, President of SIAM, said that sales of entry-level cars continued to skid due to the constant stress in the rural economy
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Total two-wheelers sales were up 4 percent at 3,12,307 units last month, as against sales of 2,99,658 units in July 2022, it added.
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Domestic sales were at 3,71,204 units as compared to 4,30,684 units in July 2022, it added.
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This comes on the back of product launches, huge order backlog (mostly of SUVs), bullish consumer sentiments, and an acceleration in economic activity.
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Bajaj Auto reported a 95 percent jump in sales in the domestic market. TVS Motor saw domestic sales surge 29%, while Suzuki recorded 23% year-on-year growth. Hero MotoCorp, however, disappointed on all counts.
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Two-wheeler wholesales grew 19 percent year on year in FY23 to 16 million vehicles after a YoY decline of 18 percent in FY20, 13 percent in FY21 and 10 percent in FY22.
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Total passenger vehicle exports declined 9 per cent to 46,486 units from 51,213 units in the year-ago period, according to the Society of Indian Automobile Manufacturers (SIAM).
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The automaker is open to the idea in the long term if the market dynamics change, executive director Rakesh Sharma tells Moneycontrol amid a push by multiple EV startups to introduce e-motorcycles
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Experts said sales in the auto sector were expected to be robust across categories, barring scooters and motorcycles.
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In the domestic market, two-wheeler sales dipped 2 per cent to 1,25,525 last month compared to 1,27,593 units in December 2021.
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Domestic two-wheeler sales grew 10 per cent to 1,61,369 units last month compared to 1,46,763 units in December 2021.
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HMSI Managing Director, President & CEO, Atsushi Ogata said the auto-industry has registered a strong demand in the second quarter and the momentum continued with the on-going festival season.
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The industry remains cautiously optimistic about a recovery in the upcoming festive period, backed by timely arrival of monsoon rains, MSP hikes for kharif crops and line-up of new products
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Industry players anticipate sustained growth over the next few quarters due to favourable monsoon and improvement in their supply chain.
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Six of the country's top two-wheeler manufacturers who control about 90 percent of the domestic volumes reported 11 percent growth in sales to 1.36 million units in February as against 1.23 million posted same month last year
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Moneycontrol's Jerome Anthony gets in conversation with Nitin Agrawal to find out the reason behind the weak numbers.
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The company had sold 6,06,542 units in March 2016, Hero MotoCorp said in a statement.
