Exports Drive Bajaj Auto’s December Sales By 14%

Bajaj Auto

Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has reported a 14 percent increase in total wholesales for December 2025, reaching 369,809 units compared to 323,125 units last year.

The growth was primarily driven by the export market, which saw a 25 percent rise in volume across two-wheelers and commercial vehicles.

In the two-wheeler segment, monthly domestic sales grew by 3 percent to 132,228 units, while exports rose by 24 percent to 178,125 units. Commercial vehicle sales recorded a 17 percent increase, with domestic volumes rising by 9 percent and exports increasing by 32 percent to 22,311 units.

For the year-to-date (YTD) period from April to December 2025, total sales reached 3.74 million units, representing a 6 percent increase over the 3.54 million units for the same period in 2024.

While total domestic sales for the nine-month period declined by 3 percent, total exports grew by 19 percent. The commercial vehicle export sector showed the highest YTD growth at 53 percent, rising from 142,002 units to 216,938 units.

Hero MotoCorp Sales Grows 40% In December 2025

Hero MotoCorp

Hero MotoCorp, the world’s largest two-wheeler manufacturer, has reported a 40 percent wholesales growth in December 2025, reaching 456,479 units compared to 324,906 units in the same month last year.

The company also reported 291,732 VAHAN registrations for the month, supported by demand following the festive season and new model launches.

For Q3 FY2026, the company saw growth across its motorcycle and scooter portfolios. The internal combustion engine (ICE) scooter segment grew by 45 percent during the quarter, following the introduction of models including the Destini 110, Destini 125, Xoom 125 and Xoom 160.

Particulars

Dec '25

Dec '24

Q3 FY’26

Q3 FY’25

Motorcycles

402,374

298,516

1,512,255

1,360,159

Scooters

54,105

26,390

184,522

103,643

Total

456,479

324,906

1,696,777

1,463,802

Domestic

419,243

294,152

1,594,592

1,391,332

Exports

37,236

30,754

102,185

72,470

In terms of exports, the company reported sales growth of 21 percent in December to 37,236 units. Total exports for Q3 FY 2026 increased by 41 percent, aided by entries into new markets.

VIDA, the electric mobility arm of Hero MotoCorp, recorded 10,701 VAHAN registrations in December, maintaining an 11 percent market share. The brand has partnered with Kolkata Knight Riders as a title partner for three seasons. Additionally, the DIRT.E K3, an electric motorcycle for riders aged 4–10, is scheduled for retail launch on 15 January 2026.

Hero MotoCorp and Harley-Davidson have expanded their partnership with the launch of the H-D X440 T. The collaboration also introduced the Harley-Davidson CVO Street Glide and CVO Road Glide models to the Indian market.

The company enters the final quarter of the financial year, citing confidence in its growth momentum following double-digit gains in Q3.

TVS Motor Company Reports Record Quarterly Sales In Q3 FY2026

TVS Motor Co

Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company recorded sales of 1.54 million units during Q3 FY2026.

This includes 1.48 million two-wheelers, up 25 percent YoY, as against 1.18 million two-wheelers sold a year ago. Three-wheeler sales grew by 106 percent to 60,000 units. International business sales reached 410,000 units, a 40 percent increase compared to the 294,000 units sold in the same period last year.

For December, the sales came at 481,389 units, up 50 percent YoY, as against 321,687 units sold in December 2024.

Total exports for December 2025 grew by 40 percent to 146,022 units. Two-wheeler exports specifically increased by 35 percent, rising from 96,927 units in December 2024 to 130,709 units.

Royal Enfield Sells 93,177 Motorcycles In December 2025

Royal Enfield

Chennai-headquartered two-wheeler major Royal Enfield has reported a 30 percent growth in its wholesales for December 2025.

The company sold 93,177 motorcycles in the domestic market last month, as compared to 67,891 units sold a year ago.

For YTD FY2026, the sales came at 821,908, up 26 percent YoY, as against 652,856 units for the same period last year.

B Govindarajan, Managing Director, Eicher Motors and CEO, Royal Enfield, said, “December closes out a truly defining year for Royal Enfield. It’s been a year of strong growth, record performance and most importantly, deeper connections with our riding community. Our new launches during the year have been received with great enthusiasm and the continued demand for our existing motorcycles further reinforces the trust riders place in us. As we move into the new year, we are confident of sustaining the growth momentum and taking our Pure Motorcycling philosophy further.”

Odysse Electric Sells 990 EVs In December 2025

Odysee EV

Mumbai-based electric two-wheeler maker Odysse Electric Vehicles has announced its sales performance for December 2025. The company reported sales of 990 units, up 133 percent YoY, as compared to 425 units last year.

In CY2025, the company sold 5,255 EVs across India. The EV maker attributed the sales performance to its retail footprint and the availability of financing schemes and aftersales support.

At present, the company has a distribution network covering 300 PIN codes across India. The sales volume was supported by the availability of models including the Racer Neo, Snap, HyFy and the Odysse SUN.

Nemin Vora, Founder and CEO, Odysse Electric Vehicles, said, “Our December performance reflects steady demand for Odysse Electric’s product portfolio across markets. Continued network expansion, improved customer engagement, and a strong focus on product reliability have supported this momentum. As we enter the new year, we remain focused on strengthening our ecosystem and contributing meaningfully to India’s clean mobility transition.”