The
Indian two-wheeler industry took a severe beating in domestic sales in the
month of December 2021 as compared to December 2020 for a plethora of reasons
that included high cost of ownership, bad rural sentiment, work from home and
the latest threat of omicron.
This
was stated by the Federation of Automobile Dealers Associations (FADA) in its
press release of their monthly vehicle retail data for December 2021. FADA mentioned
that India is once again under the grip of Covid with Delta/Omicron affecting
people at an ultra-fast pace. This has also ignited the 3rd wave, it said.
Various
state governments have once again announced covid restrictions. Work and
education from home have resumed and will have a negative effect for auto
retail. With the fear of health care expenses rising again, the customers are
shying away from closing their purchase decisions, noted FADA President Vinkesh
Gulati..
With
IIT Kanpur predicting the peak of omicron sometimes in 1stweek of February 2022,
FADA remains extremely cautious over the next 2-3 months, the release added.
All India Vehicle
Retail Data for December’21
|
CATEGORY
|
DEC'21
|
DEC'20
|
YoY %
|
DEC'19
|
% Chg,DEC'19
|
|
2W
|
11,48,732
|
14,33,334
|
-19.86%
|
12,75,501
|
-9.94%
|
Source: FADA Research
Disclaimer:
The above numbers do not have figures from AP, MP, LD
&TSas they are not yet on Vahan 4.
Vehicle Retail Data has been collated as on 03.01.22in
collaboration with Ministry of Road Transport & Highways, Government of
India and has been gathered from 1,379 out of 1,590 RTOs.
OEM wise Market Share Data for the Month of December’21 with YoY
comparison
|
Two-Wheeler (2W)
|
|
Two-Wheeler
OEM
|
DEC'21
|
Market Share (%), DEC'21
|
DEC'20
|
Market Share (%), DEC'20
|
|
HERO MOTOCORP LTD
|
3,96,278
|
34.50%
|
5,61,873
|
39.20%
|
|
HONDA MOTORCYCLE AND SCOOTER INDIA
(P) LTD
|
2,84,837
|
24.80%
|
3,52,394
|
24.59%
|
|
TVS MOTOR COMPANY LTD
|
1,73,993
|
15.15%
|
2,05,568
|
14.34%
|
|
BAJAJ AUTO LTD
|
1,43,538
|
12.50%
|
1,61,713
|
11.28%
|
|
SUZUKI MOTORCYCLE INDIA PVT LTD
|
42,609
|
3.71%
|
45,332
|
3.16%
|
|
ROYAL-ENFIELD (UNIT OF EICHER LTD)
|
40,102
|
3.49%
|
51,489
|
3.59%
|
|
INDIA YAMAHA MOTOR PVT LTD
|
37,621
|
3.28%
|
43,080
|
3.01%
|
|
OKINAWA AUTOTECH PVT LTD
|
6,098
|
0.53%
|
613
|
0.04%
|
|
HERO ELECTRIC VEHICLES PVT. LTD
|
6,058
|
0.53%
|
1,545
|
0.11%
|
|
AMPERE VEHICLES PRIVATE LIMITED
|
3,343
|
0.29%
|
872
|
0.06%
|
|
PIAGGIO VEHICLES PVT LTD
|
3,291
|
0.29%
|
3,820
|
0.27%
|
|
CLASSIC LEGENDS PVT LTD
|
2,467
|
0.21%
|
2,796
|
0.20%
|
|
ATHER ENERGY PVT LTD
|
1,809
|
0.16%
|
535
|
0.04%
|
|
PUR ENERGY PVT LTD
|
1,684
|
0.15%
|
170
|
0.01%
|
|
Others including EV
|
5,004
|
0.44%
|
1,534
|
0.11%
|
|
Total
|
11,48,732
|
100.00%
|
14,33,334
|
100.0%
|
Source: FADA Research