Two-wheeler sales in India rise 9% YoY, still below pre-pandemic levels

Honda emerged as the top two-wheeler seller in India in September, followed by Hero and TVS Motor. Ola Electric was the top EV seller

Two-wheeler sales in India rose 9.02 per cent year-on-year (YoY) in September from 931,654 units in September 2021 to 1,015,702 units in 2022. However, it is 14 per cent lower than the 1,181,668 units sold in September 2019, the latest figures by the Federation of Automobile Dealers Associations (FADA) revealed.

"Due to increased input costs, two-wheeler companies raised prices by five times in the past year. Apart from this, RBIs fight with inflation saw rate hikes which continued to make vehicle loans expensive. While India is showing revival signs, Bharat is yet to perform," FADA President Manish Raj Singhania said.