Overview of Two-Wheeler Sales in January 2025
The two-wheeler (2W) segment has shown remarkable growth in retail sales in the early months of 2025, indicating a positive trajectory for the motorcycle and scooter market. This article offers an analysis of the retail sales trends for two-wheelers, highlighting the growth rates, key manufacturers’ performances, and a specific focus on electric two-wheelers.
Strong Growth Across Vehicle Segments
In January 2025, the overall vehicle market has experienced robust growth. Here are some key highlights:
- Two-Wheelers (2W): Experienced a growth of 4% year-on-year (YoY).
- Three-Wheelers (3W): Saw an impressive rise of 6.8% in sales.
- Passenger Vehicles (PVs): Achieved a remarkable growth of 15.5%.
- Commercial Vehicles (CVs): Also recorded an 8% increase.
- Tractors: Gained a 5% rise YoY.
Detailed Breakdown of Two-Wheeler Sales
The two-wheeler segment specifically demonstrated a healthy recovery following a quieter December 2024. According to sales data:
- Total Sales: In January 2025, two-wheeler sales reached 1,525,862 units, compared to 1,465,039 units in January 2024. This translates to a 4.15% YoY growth.
- Month-on-Month (MoM) Growth: There was a substantial 27.39% increase from the 1,197,742 units sold in December 2024.
- Year-to-Date (YTD) Sales: For the financial year 2025, cumulative sales amounted to 16,001,097 units, marking a 10% rise from 14,546,886 units sold in the same period of 2024.
Leading Manufacturers in the 2W Segment
The two-wheeler market is primarily dominated by three manufacturers: Hero MotoCorp, Honda, and TVS, holding a remarkable combined market share of 70%. Here’s how they performed in January 2025:
Hero MotoCorp
- Sales Figures: Sold 410,774 units.
- Market Position: Remains the number one manufacturer despite a slight YoY dip of 544 units compared to January 2024, where sales totaled 411,318 units. The market share dipped from 28.08% to 26.92%.
- New Releases: Recently launched the Xoom 125 and Xoom 160 scooters, garnering positive attention for their innovative features and competitive pricing.
Honda
- Sales Figures: Reported 372,982 units sold, an increase from 358,278 units in January 2024.
- Market Growth: Continues to strengthen its position in the market, contributing to the growth of the overall segment.
TVS Motor
- Sales Figures: Recorded 287,437 units, up from 255,175 units in January 2024, resulting in an increased market share from 17.42% to 18.84%.
Other Manufacturers
- Bajaj Auto: Experienced a decline with 173,754 units sold, down from 177,377 units in January 2024.
- Suzuki: Showed growth with 88,315 units sold, rising from 75,876 units in the same month last year.
- Royal Enfield: The 350cc segment leader sold 76,574 units, showing an increase over 67,318 units from the previous year.
Electric Two-Wheeler Sales Trends
Electric two-wheelers (e2W) also had a mixed performance in January 2025:
- Ola Electric: Faced a drop in sales with 24,336 units, a decrease from 32,424 units in January 2024. Market share also declined from 2.21% to 1.59%.
- Ather Energy: Enjoyed impressive growth, with sales increasing to 12,906 units from 9,380 units, leading to an improved market share of 0.85%.
- Greaves Electric: Increased sales to 3,611 units, up from 2,358 units in January 2024.
- Piaggio: Notably went down to 2,769 units, from 3,183 units, reflecting market challenges.
Conclusion
The two-wheeler market in India has shown strong signs of recovery and growth as of January 2025, with leading brands maintaining a competitive edge amid emerging trends. The electric two-wheeler segment is evolving, with notable shifts in sales figures. The growth trajectory of both conventional and electric two-wheelers suggests a promising outlook for the automotive market in the upcoming months and years.
By monitoring these trends, manufacturers can adapt their strategies to align with consumer preferences and evolving market conditions, ultimately fostering a more robust automotive landscape.
