March 2025 Two-Wheeler Sales: Hero MotoCorp Leads, Honda and TVS Show Strong Growth
March 2025 has proven to be a significant month for two-wheeler sales in India, with several brands posting impressive figures. Hero MotoCorp once again claimed the top spot, selling 385,988 units, while Honda, TVS, Bajaj, and others also reported noteworthy performance. Here’s a detailed look at the sales data for March 2025.
Total Two-Wheeler Sales in March 2025
| Company | Sales (March 2025) | Market Share (March 2025) | Sales (February 2025) | Market Share (February 2025) | Sales (March 2024) | Market Share (March 2024) |
|---|---|---|---|---|---|---|
| Hero MotoCorp | 385,988 | 28.52% | 347,762 | 27.34% | 392,507 | 29.76% |
| Honda HMSI | 328,502 | 24.27% | 294,578 | 23.14% | 314,271 | 24.27% |
| TVS Motor Company | 253,499 | 18.73% | 219,523 | 17.24% | 244,893 | 18.56% |
| Bajaj Auto | 153,631 | 11.35% | 140,267 | 11.01% | 166,400 | 12.48% |
| Royal Enfield | 73,841 | 5.46% | 72,356 | 5.68% | 79,193 | 5.98% |
| Suzuki Motorcycle | 52,381 | 3.87% | 48,713 | 3.83% | 52,713 | 3.96% |
Hero MotoCorp: Market Leader with Strong Sales
- Sales (March 2025): 385,988 units
- Market Share (March 2025): 28.52%
- February 2025 Sales: 347,762 units (38,226 units increase from February)
- March 2024 Sales: 392,507 units (6,519 units decrease year-over-year)
Hero MotoCorp maintained its leadership position in the two-wheeler market, although it saw a slight dip in both sales and market share compared to the previous year. Nonetheless, March 2025 sales showed a significant rise compared to February 2025.
Honda HMSI: Consistent Growth
- Sales (March 2025): 328,502 units
- Market Share (March 2025): 24.27%
- February 2025 Sales: 294,578 units (33,924 units increase from February)
- March 2024 Sales: 314,271 units (14,231 units decrease year-over-year)
Honda’s sales in March 2025 showed a marked improvement over February 2025, although it still fell short of last year’s figures. Despite the decline in year-over-year sales, Honda’s market share remained stable.
TVS Motor: Strong March Performance
- Sales (March 2025): 253,499 units
- Market Share (March 2025): 18.73%
- February 2025 Sales: 219,523 units (33,976 units increase from February)
- March 2024 Sales: 244,893 units (8,606 units increase year-over-year)
TVS Motor’s sales saw a significant jump from February 2025 to March 2025, helping the brand increase its market share. However, TVS experienced a slight decline in market share compared to March 2024.
Bajaj Auto: Steady Growth
- Sales (March 2025): 153,631 units
- Market Share (March 2025): 11.35%
- February 2025 Sales: 140,267 units (13,364 units increase from February)
- March 2024 Sales: 166,400 units (12,769 units decrease year-over-year)
Bajaj Auto reported growth in both sales and market share in March 2025, though it lagged behind last year’s sales figures.
Royal Enfield: Modest Increase in Sales
- Sales (March 2025): 73,841 units
- Market Share (March 2025): 5.46%
- February 2025 Sales: 72,356 units (1,485 units increase from February)
- March 2024 Sales: 79,193 units (5,352 units decrease year-over-year)
Royal Enfield saw a modest increase in sales compared to February, but its sales were lower than in March 2024. The brand also witnessed a slight dip in market share.
Suzuki Motorcycle: Solid March Performance
- Sales (March 2025): 52,381 units
- Market Share (March 2025): 3.87%
- February 2025 Sales: 48,713 units (3,668 units increase from February)
- March 2024 Sales: 52,713 units (332 units decrease year-over-year)
Suzuki Motorcycle’s sales showed growth from February to March 2025, although its sales were marginally lower than last year, and its market share also slightly decreased.
Summary: Overall Growth for the Industry
In March 2025, most two-wheeler manufacturers showed year-over-year growth, with Hero MotoCorp maintaining its leadership despite slight declines. Honda and TVS were notable performers, with increased sales and market share. Bajaj, Royal Enfield, and Suzuki saw moderate changes, with some experiencing a dip in sales compared to the same period last year.
While the overall two-wheeler market experienced healthy sales growth, Hero MotoCorp remains the dominant player, with Honda following closely behind. The continuing competition between these major brands ensures a dynamic market, with each brand striving to offer more appealing products to attract consumers.