FADA 3-Wheeler May 2024 Sales Report: 98,265 Units Sold

Retail Sales of FADA 3-Wheelers Saw a Significant 20.09% Increase in May 2024

In May 2024, the retail sales of FADA 3-wheelers experienced a notable 20.09% increase, highlighting a strong growth trend in the market.

As per the most recent FADA retail sales data for May 2024, sales of 3-wheeler vehicles have grown by 20.09%. Atul Auto is at the forefront of vehicle sales this month, showing an impressive 56.25% growth. Significantly, other companies, particularly TVS Motors, saw a notable increase in sales of 34.38%.

FADA released sales data for 3-wheeler original equipment manufacturers (OEMs) in May 2024, showing positive sales growth across almost all brands. The segment's collective sales rose to 98,265 units, a substantial increase from the 81,825 units recorded in May 2023. This marks a notable 20.09% growth within the 3-wheeler category.

Here, let's break down the total sales of all the various OEMs.

3 Wheeler Sales Statistics, May 2024

Brand Wise 3-Wheeler Sales Report Data for May 2024

Bajaj

Bajaj is among the top three-wheeler OEMs in the market. The FADA three-wheeler report in May 2024 revealed Bajaj's sales of 35,527 units, up from 29,065 units in May 2023. Consequently, the brand experienced a growth rate of 22.23%.

Piaggio

As per the FADA report on three-wheeler sales, Piaggio Vehicles Pvt. Ltd. experienced a 22.70% increase in sales, selling 7,015 vehicles in May 2024 compared to 5,717 units in May 2023.

Mahindra

Mahindra experienced a 9.94% increase in retail sales in May 2024. To substantiate, it sold 4,808 units in May 2023, which increased to 5,286 in May 2024.

Y.C. Electric

Y.C. Electric brand sold 3,779 units in May 2024, a 16.49% increase from the 3,244 units sold in May 2023.

Mayuri

This brand sold 2,474 three-wheelers in May 2024, compared to 2,059 units in the same month last year. Henceforth, Mayuri increased its sales by 20.16%.

Atul Auto

This 3-wheeler company's retail sales report increased by 56.25%. Atul Auto sold 2,450 units in May 2024, compared to 1,568 in May 2023.

Citylife

Citylife, also known as Dilli Electric Auto Pvt. Ltd., closed the month with a profit. The brand sold 2,205 commercial vehicles in May 2024, compared to 2,078 units in May 2023, experiencing a 6.11% sales rise.

TVS Motors

TVS a renowned manufacturer, also concluded the month with positive sales figures. The brand sold 1,716 three-wheelers in May 2024, compared to 1,277 units in May 2023, and generated growth of 34.38%.

Mini Metro

The retail sales statistics for May 2024 show that Mini Metro sales rose by 9.56%. They sold 1,318 units in May 2024, compared to 1,203 in May 2023.

Others Including EV

Every other company, such as UNIQUE INTERNATIONAL, ENERGY ELECTRIC VEHICLES, CHAMPION POLYPAST, and HOTAGE CORPORATION INDIA, experienced a combined sales increase of 18.47%. In May 2024, they sold 36,495 items, whereas in May 2023, they sold 30,806 units.

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