FADA Reports 93,892 Three-Wheeler Sales in December 2024

FADA Three-Wheeler Sales Witnessed a Marginal Decline

In December 2024, FADA reported a 4.57% decline in retail sales for 3-wheelers, indicating a challenging month for the segment. The total sales for December 2024 stood at 93,892 units, compared to 98,384 units in December 2023.

FADA 3-Wheeler Retail Sales Show 4.57% Decline in December 2024

According to the latest FADA data, December 2024 saw a decrease of 4.57% in 3-wheeler vehicle sales. Despite the overall decline, some brands such as Atul Auto and TVS Motors demonstrated significant growth. Atul Auto recorded a remarkable growth of 14.90%, while TVS Motors achieved a notable 18.94% increase.

FADA shared detailed sales figures for December 2024, showcasing a mix of growth and declines among various brands. Total 3-wheeler sales fell from 98,384 units in December 2023 to 93,892 units in December 2024. Let’s analyze the sales performance of various OEMs:

3-Wheeler Sales Statistics, Dec 2024

Brand-Wise 3-Wheeler Sales Report Data for December 2024

Bajaj

Bajaj, the market leader, experienced a decline in sales. The brand sold 28,998 units in December 2024, compared to 31,561 units in December 2023, reflecting a decrease of 8.12%.

Piaggio

Piaggio faced a significant decline, selling 6,469 units in December 2024, down from 7,869 units in December 2023, marking a decrease of 17.79%.

Mahindra & Mahindra Group

Mahindra showed positive growth, with sales rising to 6,151 units in December 2024 from 5,904 units in December 2023, an increase of 4.18%.

Y.C. Electric

Y.C. Electric recorded a slight decline, selling 3,800 units in December 2024 compared to 3,818 units in December 2023, a decrease of 0.47%.

Atul Auto

Atul Auto demonstrated strong growth, with sales increasing to 2,229 units in December 2024 from 1,940 units in December 2023, reflecting a 14.90% growth.

Mayuri

Mayuri experienced a sharp decline in sales, dropping from 2,653 units in December 2023 to 2,101 units in December 2024, marking a decrease of 20.81%.

Citylife

Citylife, under Dilli Electric Auto Pvt. Ltd., posted a decline of 10.00%, selling 2,061 units in December 2024 compared to 2,290 units in December 2023.

TVS Motors

TVS Motors achieved impressive growth of 18.94%, with sales rising to 1,909 units in December 2024 from 1,605 units in December 2023.

Mini Metro

Mini Metro saw a significant decline, with sales dropping to 1,197 units in December 2024 from 1,532 units in December 2023, reflecting a 21.87% decrease.

Others Including EV

The category “Others, including Electric vehicle,” recorded a marginal decline of 0.60%, with sales decreasing to 38,977 units in December 2024 from 39,212 units in December 2023.

In summary, December 2024’s 3-wheeler retail sales showed an overall market decline of 4.57%. Despite the downturn, brands like Atul Auto and TVS Motors exhibited strong performances, showcasing resilience in a challenging market environment.

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