GaadiWaadi –
Hero MotoCorp finished ahead of Honda, TVS, Bajaj, Royal Enfield, Suzuki and Yamaha in retail sales in November 2025 in India
At the top stood Hero MotoCorp which retained the No.1 position by a massive margin, while Honda and TVS continued to strengthen their hold over the industry. With festive demand, improved rural sentiment, and rising interest in premium models, November turned into one of the most competitive months of the year. However, some notable brands endured big YoY dips as well.
Hero MotoCorp stayed firmly in the lead with 8,86,002 units – recording a 3.4 per cent year-on-year de-growth and capturing a 34.8 per cent market share. Consistent demand for Splendor, HF Deluxe, and the brand’s commuter portfolio helped Hero maintain its dominance. Honda secured the second spot with a retail tally of 6,06,284 units and all the data you see here are sourced from FADA.
Honda’s numbers translated to a 7.74 per cent year-on-year decline but it held onto a 23.8 per cent share of the November market. The Activa range continues to be Honda’s backbone while the Shine series and expanding premium lineup have helped the brand widen its reach across the country but it couldn’t replicate the same success in its EV business.
|
Rank & Brand |
Nov 2025 |
Nov 2024 |
YoY Growth |
|---|---|---|---|
|
1. Hero MotoCorp |
8,86,002 |
9,17,174 |
-3.40% |
|
2. Honda Motorcycle & Scooter India |
6,06,284 |
6,57,115 |
-7.74% |
|
3. TVS Motor Company |
4,45,617 |
4,23,078 |
+5.33% |
|
4. Bajaj Auto |
2,58,585 |
3,05,253 |
-15.29% |
|
5. Royal Enfield |
1,15,353 |
96,302 |
+19.78% |
|
6. Suzuki Motorcycle India |
1,04,638 |
92,548 |
+13.06% |
|
7. Yamaha Motor India |
70,929 |
68,574 |
+3.43% |
|
8. Ather Energy |
20,349 |
12,963 |
+56.98% |
|
9. Ola Electric |
8,402 |
29,322 |
-71.35% |
|
10. Greaves Electric Mobility |
5,764 |
4,471 |
+28.92% |
|
11. Classic Legends |
5,756 |
4,277 |
+34.58% |
|
12. Piaggio Vehicles |
3,348 |
3,187 |
+5.05% |
|
13. BGauss Auto |
2,566 |
1,881 |
+36.42% |
|
14. Others incl. EV |
12,591 |
11,472 |
+9.75% |
TVS Motor Company followed in third place with 4,45,617 units, achieving 5.3 per cent year-on-year growth and holding a 17.5 per cent market share. TVS continues to maintain a balanced performance across scooters, motorcycles and EVs. With consistent demand for the Jupiter, Apache and Raider, alongside strong traction for the iQube EV, the brand delivered one of its most promising months of the year.
In fourth position, Bajaj Auto posted 2,58,585 units, declining 15.29 per cent year-on-year and securing a 10.1 per cent market share. Royal Enfield took fifth place with 1,15,353 units as it endured close to 20 per cent growth compared to last year and accounting for 4.53 per cent of the market. The Classic 350 and Hunter remain the brand’s strongest pillars while 450 cc and 650 cc offerings are performing decently as well.
Suzuki held sixth place with 1,04,638 units with 13 per cent growth and taking 4.10 per cent market share. Yamaha posted a retail tally of 70,929 units, showing 3.4 per cent year-on-year growth and capturing 2.79 per cent of India’s November 2025 two-wheeler market. Ather Energy, Ola and Greaves rounded out the top 10.
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