Bajaj Auto sold the highest number of 24,564 three-wheelers, whereas the Mini Metro experienced a great growth of 140.64% in the FADA retail sales report
The FADA (Federation of Automobile Dealers Associations) has launched the retail sales report of three-wheeler manufacturers for January 2023. The segment sold 65,796 units in January this year, and almost all the OEMs have delivered a good performance. In addition, this segment's sales also increased by 58.59% against the 41,487 units of January 2022.
FADA Official Statement
On the growth of the 3-wheeler segment, President of FADA, Mr. Manish Raj Singhania, said, "The 3-Wheeler segment has seen 60% growth YoY, 101% growth when compared to 2021 and is now slightly down by mere 3% when compared to pre-pandemic levels in January '20. EV fame-2 subsidy along with demand from commercial 3W space is fuelling healthy growth."
Brand Wise Three-wheeler Sales Statistics January 2023
Let's take a look at the sales of the Top 5 Best performing brands of three-wheeler segments.
Bajaj:- Bajaj Auto is one of India's biggest manufacturers of three-wheelers and has the highest selling numbers in January 2023. The brand sold 24,564 units in January this year against 15,533 units last year. As a result, the brand increased its sales by 58.14%.
Piaggio:- Piaggio has given a great performance in the January 2023 sales. They have sold 5,167 units against the 3,981 units of January 2022 and gained 29.79% in sales.
Y.C. Electric:- Y.C. Electric experienced a growth of 35.73% in the YoY% sales of January 2023, as it sold 2,275 units of 3-wheelers as compared to the 1,676 units of last January.
Mahindra:- The brand sold 2,175 units of 3-wheeler in January 2023 against the 1,391 units sold in January 2022. As a result, Mahindra recorded a sales gain of 56.36%.
Mayuri:- Mayuri, also known as Saera, experienced a hike of 83.35% in the YoY sales of January. The brand closed the January 2023 month sales with 1,663 units which were 907 in the same month last year.
Rest the Sales of All Other Brands
Atul Auto:- Atul Auto is one of the best 3-wheeler automakers in the country and registered a growth of 49.39%. The brand had 903 selling units in January 2022, which increased to 1,349 in January 2023.
TVS Motors:- This brand obtained a sales growth of 49.39% in its January retail sales figure 2023, as it sold 1,349 units in January 2023 compared to 903 units in January 2022.
Citylife:- This brand highlighted the positive growth of 81.27% in the 3-wheelers retail sales data for January 2023, as it sold 1,336 units in January 2023 compared to 737 units in January 2022.
Saarthi:- Saarthi or Champion Poly Plast highlighted a positive growth of 49.93% in January 2023 as they sold 1,120 units of 3-wheeler against the 747 units of January 2022.
Mini Metro:- Mini Metro sold 1,119 units of 3-wheelers in January 2023 and 465 units in January 2022. As a result, the brand obtained a hike of 140.64%.
J.S. Auto:- This brand showed slight sales growth of 31.49% in the Three Wheeler Sales Report January 2023, as it sold 714 units in January 2023 compared to 543 units in January 2022.
All the other companies of three-wheeler and electric vehicles sold 22,697 units in January 2023, which was 13,383 units in January 2022. As a result, the brand did receive an increase of 69.59% in YoY sales.
Are you looking to buy or sell a new truck or a used truck, get a truck loan, Select your truck according to category and other facilities Truck Junction with just one click and download the Truck Junction Mobile Application to know the latest news related to the truck industry.