Two Wheeler Sales Oct 2026 – Hero, Honda, TVS, Bajaj, Suzuki, Royal Enfield

Top 6 2W brand combined sales rose 16.45% YoY to 29.21 lakh units, with Honda finishing just 163 units ahead of Hero in domestic and export volumes cumulative

India’s six major two-wheeler manufacturers registered combined sales of 29,20,563 units in October 2026, compared to 25,08,082 units a year earlier. This represents growth of 16.45%, with all six manufacturers reporting higher volumes year-on-year. Compared to September 2026, combined sales increased 2.92%.

Two Wheeler Sales Oct 2026 Domestic – Hero Retains First Position

Hero MotoCorp led domestic two-wheeler sales with 7,05,084 units, up 16.58% from 6,04,829 units in October 2025. The company added 1,00,255 units year-on-year, the largest absolute domestic increase among these manufacturers. However, volumes declined 4.60% compared to September.

Honda ranked second with domestic sales of 6,64,831 units, registering 11% YoY growth and 4.41% MoM growth. Hero’s domestic lead over Honda stood at 40,253 units. TVS secured third position with 5,14,764 units, growing 22.09% YoY and 6.78% MoM. This was the strongest domestic percentage growth among the six manufacturers on a year-on-year basis.

Bajaj followed with 2,92,885 units, up 9.91% YoY. Compared to September, sales increased 22.15%, making Bajaj the fastest-growing manufacturer domestically on a month-on-month basis. Suzuki sold 1,24,559 units in India, recording growth of 20.40% YoY and 14.48% MoM. Royal Enfield followed closely with 1,21,527 units, up 4.01% YoY and marginally higher by 0.17% MoM.

Two Wheeler Sales Oct 2026 Exports – Bajaj Leads, TVS Posts Strong Growth

Bajaj remained the largest two-wheeler exporter in this group, shipping 2,08,309 units in October 2026. Exports increased 18.46% YoY, although they declined 1.61% compared to September. Bajaj contributed 41.92% of the six manufacturers’ combined exports.

TVS ranked second with 1,55,915 units, registering strong growth of 50.61% YoY. The company added 52,396 units over October 2025, accounting for more than half of the group’s net export increase. However, shipments declined 4.86% MoM. Honda exported 69,735 units, growing 35.03% YoY and 0.34% MoM. Hero’s exports stood at 29,319 units, down 5.36% YoY but up 7.28% over September.

Suzuki reported exports of 21,720 units, declining 15.84% YoY and 12.71% MoM. Royal Enfield shipped 11,915 motorcycles, registering 46.97% YoY growth, although volumes fell 5.68% MoM. Combined exports stood at 4,96,913 units, growing 25.51% YoY but declining 2.56% compared to September.

Overall Sales – Honda No 1 By Just 163 Units

Including domestic sales and exports, Honda finished October with 7,34,566 units, narrowly ahead of Hero’s 7,34,403 units. The difference was just 163 units, with both manufacturers accounting for approximately 25.15% each of the combined total.

Honda grew 12.91% YoY, while Hero registered a stronger 15.51% increase. On a monthly basis, Honda gained 4.01%, whereas Hero declined 4.18%. TVS ranked third with 6,70,679 units, up 27.71% YoY, the fastest overall growth in the group. Bajaj followed with 5,01,194 units, growing 13.31% YoY and 11.01% MoM.

Suzuki recorded 1,46,279 units, up 13.17% YoY, while Royal Enfield registered 1,33,442 units, growing 6.80%. Overall, export growth outpaced domestic growth, helping Honda secure the top position despite Hero’s larger Indian sales base.