By Priya Singh
3223 Views
Updated On: 06-Feb-2025 06:40 AM
In the FADA sales report for January 2025, 1,07,033 units of three-wheelers were sold compared to 93,892 units in December 2024.
Key Highlights:
The Federation of Automobile Dealers Associations (FADA) has shared its vehicle retail data for January 2025, showing a 6.6% increase compared to last year. This matches FADA’s earlier prediction of a stable or slightly positive month. While cities saw steady growth, rural areas faced challenges due to weak cash flow, higher loan costs, and slow economic recovery.
The three-wheeler segment sales grew by 6.8%, driven by strong demand for last-mile transport and passenger vehicles. However, electric rickshaw sales dropped by 4.21%, showing a slower adoption rate despite receiving government support.
In January 2025, total three-wheeler sales stood at 1,07,033 units, which is a 14% increase compared to 93,892 units in December 2024. When compared to January 2024, which had 1,00,160 units sold, the sales grew by 6.86% year-on-year.
E-Rickshaw (Passenger)
The sales of E-Rickshaws for passengers in January 2025 were 38,830 units, slightly lower than 40,845 units in December 2024. This represents a 4.93% decline on a month-on-month basis. Compared to January 2024, when 40,537 units were sold, the sales decreased by 4.21% year-on-year.
E-Rickshaw with Cart (Goods)
The sales of E-Rickshaws were 5,760 units in January 2025, a slight drop of 1.13% from 5,826 units in December 2024. However, compared to January 2024, when only 3,744 units were sold, the sales increased by 53.85% year-on-year.
Three-Wheeler (Goods)
The three-wheeler goods segment saw strong growth in January 2025, with 12,036 units sold. This was a 31.94% increase compared to 9,122 units in December 2024. When compared to January 2024, sales improved by 12.32% from 10,716 units.
Three-Wheeler (Passenger)
Passenger three-wheeler sales were 50,322 units in January 2025, reflecting a 32.32% increase from 38,031 units in December 2024. Compared to January 2024, when 45,113 units were sold, this segment saw an 11.55% year-on-year growth.
Three-Wheeler (Personal)
The personal three-wheeler segment recorded a sale of 85 units in January 2025, an increase of 25% from 68 units in December 2024. This category recorded the highest year-on-year growth of 70%, as only 50 units were sold in January 2024.
Overall, the three-wheeler segment showed positive growth, with strong demand for passenger and goods three-wheelers, while the E-Rickshaw segment witnessed a slight decline.
In January 2025, the total three-wheeler sales reached 1,07,033 units, compared to 1,00,160 units in January 2024, showing a steady growth in the market.
OEMs-wise sales performance
Bajaj Auto Ltd remains the market leader with 39,488 units sold, capturing a 36.89% market share. Compared to January 2024, when it sold 37,148 units, Bajaj saw a rise in sales.
Piaggio Vehicles Pvt Ltd recorded a sale of 7,904 units, holding a 7.38% market share. However, its sales dropped from 8,271 units in January 2024.
Mahindra & Mahindra Limited sold 6,931 units, securing a 6.48% market share, showing growth from 5,316 units in January 2024.
YC Electric Vehicle sold 3,882 units in January 2025, holding a 3.63% market share, an increase from 3,375 units in January 2024.
Atul Auto Ltd improved its sales in January 2025, reaching 2,748 units, capturing 2.57% market share, compared to 2,078 units last year.
TVS Motor Company Ltd also showed growth with 2,703 units sold in January 2025, securing a 2.53% market share, rising from 1,840 units in January 2024.
Saera Electric Auto Pvt Ltd recorded a sale of 2,270 units in January 2025, with a 2.12% market share, slightly lower than 2,361 units in January 2024.
Dilli Electric Auto Pvt Ltd reported sales of 1,924 units in January 2025, holding a 1.80% market share, compared to 2,007 units sold in January 2024.
Unique International remained stable with 1,108 units sold in January 2025, having a 1.04% market share, similar to 1,114 units in January 2024.
Sahnianand E Vehicles Pvt Ltd saw an increase in sales, selling 1,092 units in January 2025, capturing 1.02% market share, up from 713 units in January 2024.
Others including EVs accounted for 36,983 units in January 2025, holding a 34.55% market share, compared to 35,937 units last year.
Also Read: FADA Sales Report December 2024: Three-wheeler (3W) sales decreased by 4.57% YoY
CMV360 Says
The three-wheeler market in India is growing well, especially in passenger and goods vehicles. Bajaj Auto is still the top seller, and Mahindra & Mahindra is also doing better. But e-rickshaw sales are going down, even with government support. Companies may need to make their vehicles more affordable and offer better loan options to attract more buyers.