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In the FADA sales report for March 2025, 99,376 units of three-wheelers were sold compared to 94,181 units in February 2025.
By priya
Key Highlights:
The Federation of Automobile Dealers Associations (FADA) has shared its vehicle retail data for February 2025, showing a 5.67% decrease in sales compared to last year.
Category-Wise Three-Wheeler Sales Performance in February 2025
Total Three-wheelers sales: In March 2025, 99,376 three-wheelers were sold, which is a 5.52% increase compared to February 2025 but a 5.67% decrease compared to March 2024.
E-Rickshaw (P): In this category, sales reached 36,097 units in March 2025, marking an 11.54% increase from February 2025. However, there was a 3.38% decrease compared to March 2024.
E-Rickshaw with Cart (G): This category saw a rise in sales, with 7,222 units sold in March 2025. This is a 12.83% increase from February 2025 and a 41.77% increase from March 2024.
Three-Wheeler (Goods): In this category, sales were 11,001 units in March 2025, which is a 1.59% increase from February 2025 but a 24.04% decrease compared to March 2024.
Three-Wheeler (Passenger): In this category, sales reached 44,971 units in March 2025, marking a 1.01% increase from February 2025 but a 6.93% decrease from March 2024.
Three-Wheeler (Personal): In this category, sales stood at 85 units in March 2025, showing a 25.00% increase from February 2025. However, it was a 13.27% decrease compared to March 2024.
Three-Wheeler FADA Sales Report: OEM-wise Sales performance
Bajaj Auto Ltd: The company sold 33,841 units in March 2025, a slight drop from the 36,668 units sold in March 2024.
Mahindra & Mahindra Limited: The company sold 7,362 units in March 2025, a sharp decrease from 8,324 units in March 2024.
Piaggio Vehicles Pvt Ltd: The company sold 7,067 units in March 2025 compared to 9,456 units in March 2024.
YC Electric Vehicle: The company sold 3,451 units in March 2025, up from 3,319 units in March 2024.
TVS Motor Company Ltd: The company sold 2,954 units in March 2025, up from 1,807 units in March 2024.
Atul Auto Ltd: The company sold 2,446 units in March 2025, up from 2,183 units in March 2024.
Saera Electric Auto Pvt Ltd: The company sold 2,231 units in March 2025 compared to 2,189 units in March 2024.
Dilli Electric Auto Pvt Ltd: The company sold 1,734 units in March 2025, down from 2,197 units in March 2024.
Sahnianand E Vehicles Pvt Ltd: The company sold 1,160 units in March 2025, up from 733 units in March 2024.
J. S. Auto (P) Ltd: The company sold 1,108 units in March 2025 compared to 1,024 units in March 2024.
Energy Electric Vehicles: The company sold 1,091 units in March 2025, up from 1,015 units in March 2024.
Mini Metro EV L.L.P: The company sold 1,015 units in March 2025, down from 1,162 units in March 2024.
Others including EV: The "Others" category sold 33,916 units in March 2025, compared to 35,275 units in March 2024.
In total, 99,376 units were sold in March 2025, down from 105,352 units in March 2024.
Leadership Insights:
FADA President Mr. C S Vigneshwar shared his perspective on the Auto Retail performance for March 2025: "The first three weeks of March were notably weak, mainly due to the Kharmas period. However, sales picked up significantly in the last week, driven by positive factors such as Navratri, Gudi Padwa, Eid, and year-end purchases influenced by depreciation benefits. Overall, retail sales showed a YoY decline of 0.7% but saw a MoM increase of 12%. Among the segments, 2W, 3W, and Trac experienced YoY drops of 1.7%, 5.6%, and 5.7%, respectively, while PV and CV grew by 6% and 2.6% YoY. All segments performed positively on a MoM basis. Dealers across segments raised concerns about exceptionally high targets, which were often set without joint agreement. It is important for OEMs and Dealers to work together to set realistic targets that align with on-ground realities. While incentives and festival-driven sales did push results higher, dealers remain cautious about high stock levels and pressure from targets as the new financial year begins."
Also Read: FADA Sales Report February 2025: CV sales decreased by 8.60% YoY
CMV360 Says
The February 2025 sales figures reflect the challenges faced by the three-wheeler segment, with notable year-on-year declines for several categories. While a slight recovery was seen in March 2025, driven by festival and year-end buying, the market remains cautious. Dealers are concerned about high stock levels and tough targets, which could cause problems in the future. Manufacturers and dealers need to set more realistic goals moving forward.
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