FADA 3-Wheeler Sales Surge to 108,337 Units in November 2024

In November 2024, FADA reported a 4.23% increase in retail sales for 3-wheelers, highlighting continued growth in the market. The total sales for November 2024 reached 108,337 units, compared to 103,939 units in November 2023.

FADA 3-Wheeler Retail Sales Show 4.23% Increase in November 2024

According to the latest FADA data, November 2024 saw a 4.23% rise in 3-wheeler vehicle sales. The growth was driven by key brands like Mahindra & Mahindra, Atul Auto, and TVS Motors. Mahindra recorded an impressive growth of 22.46%, while TVS Motors achieved a notable 34.57% increase.

FADA shared detailed sales figures for November 2024, showing a positive trend across several major brands, with total 3-wheeler sales increasing from 103,939 units in November 2023 to 108,337 units in November 2024, marking a 4.23% growth. Let’s analyze the sales performance of various OEMs:

3-Wheeler Sales Statistics, Nov 2024

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

Bajaj:

Bajaj, a top market player, experienced a slight dip in sales. The brand sold 39,061 units in November 2024, compared to 39,514 units in November 2023, reflecting a decline of 1.15%.

Piaggio:

Piaggio also faced a marginal decline, selling 8,843 units in November 2024, down from 8,963 units in November 2023, showing a decrease of 1.34%.

Mahindra & Mahindra Group:

Mahindra delivered remarkable growth, with sales rising to 7,872 units in November 2024 from 6,428 units in November 2023, an impressive 22.46% increase.

Y.C. Electric:

 Y.C. Electric recorded steady growth, selling 3,977 units in November 2024, up from 3,690 units in November 2023, marking a 7.78% increase.

Atul Auto:

Atul Auto saw high growth, with sales up to 2,512 units in November 2024 from 2,108 units in November 2023, reflecting a 19.17% increase.

Mayuri:

Mayuri experienced a decline in sales, dropping from 2,701 units in November 2023 to 2,263 units in November 2024, a decrease of 16.22%.

TVS Motors:

TVS Motors achieved impressive growth of 34.57%, with sales rising to 2,137 units in November 2024 from 1,588 units in November 2023.

Citylife:

Citylife, under Dilli Electric Auto Pvt. Ltd., posted a slight increase of 0.84%, selling 2,044 units in November 2024 compared to 2,027 units in November 2023.

Mini Metro:

Mini Metro saw a decline, with sales dropping to 1,227 units in November 2024 from 1,342 units in November 2023, reflecting an 8.57% decrease.

Others Including EV:

The category “Others, including Electric vehicle,” recorded a growth of 7.93%, with sales rising to 38,401 units in November 2024 from 35,578 units in November 2023.

In summary, November 2024’s 3-wheeler retail sales showed an overall market growth of 4.23%. The increase was led by strong performances from Mahindra & Mahindra, TVS Motors, and Atul Auto, highlighting positive momentum in the 3-wheeler segment.

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