FADA Two-wheeler Sales Report March 2026 Increased by 28.68%

FADA (Federation of Automobile Dealers Associations) has announced its March 2026 sales report, which registered a YoY growth of 28.68% and a MoM increase of 14.73%. 

In March 2026, the industry clocked in a total sales volume of 1,951,006 units, whereas in March 2025, the industry saw sales of 1,516,150 units. This resulted in a 28.68% growth in YoY growth. Moreover, a 14.73% growth in MoM sales is observed, as sales figures in February 2026 were 17,00,505 units.

OEM-wise Market Share Data for March 2026 with YoY %

2-Wheeler OEMs Sales Figures & Market Share in March 2026

• Hero secured first place with 541,857 units sold in March 2026. This is an 24.11% incline from 436,598 units sold in March 2025. This translates to a market share decline of 3.55%.
• Honda is the second top-selling two-wheeler manufacturer in March 2026 with total retail sales of 475,313 units. This marks a slight increase of 32.94% from 357,548 units in March 2025. The company's market share increased by 3.31%.
• TVS registered a strong performance with 374,602 units sold in March 2026, compared to 276,276 units last year. This represents a YoY growth of 35.59% and an increase in market share of 5.37%.
• Bajaj sold 216,253 units in March 2026, up from 171,866 units in March 2025. Its market share dropped to 2.22%, signalling a dip in competitiveness or product demand compared to the previous year.
• Suzuki recorded 98,412 unit sales in March 2026, showing a solid increase of 15.84% from 84,955 units in March 2025. However, the market share declined by 9.98%.
• Royal Enfield sold 96,510 motorcycles in March 2026, improving on 77,560 units in March 2025. As a result, the sales increased by 24.43%, highlighting strong demand in the mid-size premium segment.
• Yamaha sold 65,705 units in March 2026 compared to 48,320 in March 2025. Its market share increased slightly by 5.67%, indicating a small contraction in its customer base or channel movement.
• Ather Energy posted a strong performance with 35,736 units sold in March 2026, up from 15,650 units last year. Its sales jumped to 128.35%, making it one of the standout performers in the EV segment.
• Ola Electric saw a significant drop in sales from 23,634 units in March 2025 to 10,118 units in March 2026. Consequently, its sales declined by 57.19%, reflecting weakened demand or strategic adjustments.
• With 7,965 units sold in March 2026 compared to 5,648 units in March 2025, Greaves Electric experienced an increase of 41.02%. Its market share also increased by 9.59%.
• Classic Legends sold 4,617 units in March 2026, compared to 2,324  units in March 2025. This shows an increase in sales by 98.67%. 
• River Mobility has recorded the highest sales in March 2026 with 417.33% increase in sales, selling 4,149 units. In comparison, it sold 802 units in March 2025.  
• Bgauss sold 3,680 units in March 2026, showing a growth of 42.03% compared to 2,591 units sold last year. 
• Piaggio recorded an increase in retail sales, moving from 2,333 units in March 2025 to 3,122 units in March 2026. Its market share reduced to 33.82%, showing a slight decline in presence.
• The “Others Including EV” segment posted 12,967 unit sales in March 2026, up from 10,045 units in March 2025. Its market share declined slightly to 29.09%.

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