Two-wheeler Retails Cross 1.9 Million Units in April, Grow 13% YoY
Demand remained broad-based across both urban and rural markets during April, supported by improved rural liquidity and seasonal factors, even as electric vehicle penetration moderated sequentially after the March pre-buying spike.
According to data released by the Federation of Automobile Dealers Associations (FADA), two-wheeler retail sales in April 2026 stood at 19,16,258 units, registering a 13.01% year-on-year increase and marking the highest-ever April performance for the segment.
On a sequential basis, sales declined 1.78% compared to March 2026, which FADA attributes to the typical post-financial-year seasonal reset rather than any structural weakness in demand.
Demand remained geographically broad-based. Urban markets grew 14.07% YoY, while rural markets recorded a 12.30% increase, reflecting continued traction in both commuter and entry-level segments. The growth was supported by improved rural cash flows following a healthy rabi harvest, as well as demand linked to the ongoing marriage season.

Fuel-wise, petrol/ethanol-powered vehicles continued to dominate the segment with a 92.17% share, while electric vehicles accounted for 7.76% of total sales in April. The EV share declined from 9.79% in March, largely due to pre-buying ahead of incentive changes, but remained above the FY’26 average of approximately 6.5%, indicating steady underlying adoption.

Dealer feedback highlighted that supply constraints in select commuter and premium variants slightly capped volumes during the month.
Looking ahead, demand is expected to remain supported by rural sentiment, agri-cycle purchases ahead of the Kharif sowing season, and continued affordability benefits.
RELATED ARTICLES
Domestic Two Wheeler Sales Volume Growth Projected to Moderate in FY27: ICRA
Credit rating agency ICRA forecasts wholesale growth to ease to between 3 percent and 5 percent due to a high base and a...
Nippon Paint Eyes Coil Coating Growth in Africa
Nippon Paint has outlined plans to expand its range of advanced coil coating solutions for Africa, addressing a Nairobi ...
Bajaj Auto Sets June 24 Record Date for ₹5,633 Crore Share Buyback
The Pune-based two-wheeler maker will repurchase up to 46.94 lakh equity shares at ₹12,000 apiece


05 May 2026
1411 Views

Sarthak Mahajan