FY21 retail sales data presents a very gloomy picture of the overall 2-wheeler market. All the makers have lost major sales due to COVID led disruptions…
Federation of Automobile Dealers Associations (FADA) has shared its monthly as well as annual vehicle registration data with the media. Though this excludes the lockdowns that were inflicted in April and May 2021, overall sales present a very grim picture.
FY21 Retail Sales Data – 2-Wheelers
It is to be noted that these are actual vehicle registration numbers ie the exact number of vehicles that were registered with RTOs and not vehicle dispatch figures by manufacturers.
As you can see, 2-wheeler registrations were down by whopping 31.51 percent. This means that India sold 53 Lac (actually 53,05,629) lesser motorcycles and scooters in the last financial year. Here is how all the manufacturers performed.
2-Wheeler Sales FY21 – Top Manufacturers
|Maker||FY21 Sales||FY20 Sales|
As you can see, each and every manufacturer has suffered major losses. Hero, alone, is down by 21.68 Lac units, Honda lost 12.31 Lac units. TVS and Bajaj were short of their FY20 retail sales by 6.81 Lakh units and 7.33 Lac units respectively.
Despite the disruption, however, manufacturer standings have remained unchanged among these major makers but look at Yamaha ahs Suzuki – only 4432 units separated them.
As we mentioned these numbers do include dismal/no sales in April, May and June 2020 (national lockdown) and makers would be expecting better sales this year. However, with COVID causing absolute mayhem in the second wave, things look extremely gloomy.
What is a cause of higher concern is the fact that unlike last time, COVID is reaching the rural India as well, which doesn’t have any kind of medical infrastructure at all. FADA says that the only hope is on the monsoon and if it is on the expected terms, we may see a market revival, of sorts.
Note – The numbers you see here have been compiled by FADA in collaboration with Ministry of Road Transport. This data is from 1289 RTOs out of 1493 overall offices across India since few states are not on VAHAN 4.