FADA Report : 3 Wheeler Sales Surge By 23.31% in Nov 2023

FADA 3 Wheeler Retail Sales Hiked by 23.31% in November 2023

The FADA 3-wheeler retail sales report for November 2023 recorded a remarkable growth of 23.31%. According to this data, Bajaj Auto LTD took the lead in vehicle sales on November 23. Overall, SKS Trade India Pvt. Ltd. had the highest sales growth of 55.94%.

FADA (Federation of Automobile Dealership Associations) has revealed sales figures for 3-wheeler OEMs for November 2023.

Except for "Saarthi," which had a 10% sales decline, all other brands saw a positive sales increase. The total segment sold 99,890 units in November 2023, up from 81,007 units in November 2022, for a 23.31% gain in the 3-wheeler category.

Here, let's break down the total sales according to the brands.

3 Wheeler Sales Statistics, November 2023

Brand Wise 3-wheeler Sales Report Data of November 2023

Bajaj

Bajaj is one of the most prominent three-wheeler OEMs in the market. In the FADA three-wheeler report of Nov 2023, Bajaj sold 36,716 units, compared to 29,746 in Novt 2022. As a result, the brand observed a growth rate of 23.43%.

Piaggio

According to the three-wheeler sales in India for FADA, Piaggio Vehicles Pvt. Ltd. sold 8,095 units of vehicles in November 2023. The brand sold 6,238 units in Nov 2022, observing a growth of 29.77%.

Mahindra

The brand experienced a sales growth of 44.49% in retail sales in Nov 2023. To substantiate, Mahindra sold 4,455 units in November 2022, which increased to 6,437 in November 2023.

Y.C. Electric

The brand sold 3,691 units in Nov 2023, within the three-wheeler sales figure. The Y.C. Electric registered a hike of 20.35%, as the units sold in November 2022 were 3,067.

Mayuri

This Mayuri brand sold 2,701 three-wheelers in November 2023, compared to 2,261 units in the same month last year. Henceforth, Mayuri increased its sales by 19.46%.

Atul Auto

This 3-wheeler company also experienced an increase of 0.10% in its retail sales report. Atul Auto sold 2,105 units in Nov 2023, compared to 2,103 in November 2022.

Citylife

Citylife, also known as Dilli Electric Auto Pvt. Ltd., has closed the month with a decent growth graph. The brand sold 2,028 commercial vehicles in November 2023, compared to 1,623 units in Nov 2022, for a growth rate of 24.95% in sales.

TVS Motors

TVS, a renowned manufacturer, also concluded the month with favourable sales figures. The brand sold 1,545 units of three-wheelers in November 2023, compared to 1,234 units in Nov 2022, and generated growth of 25.20%.

Mini Metro

Mini Metro followed a positive sales trend of 9.02% in the retail sales statistics of November 2023. They sold 1,342 units in Nov 2023, compared to 1,231 in Nov 2022.

Saarthi

Saarthi, or Champion Poly Plast, observed a 10.85% sales drop in their November 2023 sales. The brand closed in November 2023 with 1,142 units, whereas the units sold in November 2022 were 1,281.

SKS Trade India Pvt Ltd

SKS Trade India Pvt. Ltd. followed a positive sales trend of 55.94% in the retail sales statistics of November 2023. They sold 1,076 units in Nov 2023, compared to 690 in November 2022.

J.S. Auto

The J.S. Auto Company, too, observed positive sales growth of 13.27% in the Three Wheeler Sales Report in November 2023. It sold 1,050 units in November 2023, compared to 927 in November 2022.

All other brands, including electric vehicle manufacturers, saw a sales surge of 22.22%. They sold 31,962 units in November 2023, compared to 26,151 in Nov 2022.

Are you looking to buy and sell a new truck or a used truck? Then choose your desired model from the Truck Junction categories with just a few clicks. You can also download the Truck Junction Mobile Application to stay updated on the latest truck industry news.