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Two-wheeler retail hits 17,90,188 units in September, up 33.08% YoY; Honda leads with 26.19% share
Two-wheeler retail registrations reached 17,90,188 units in September 2026, up 33.08% year-on-year from 13,45,153 units. Honda led with 4,69,789 units and a 26.19% share, ahead of Hero MotoCorp at 4,34,442 units, while TVS Motor gained share to 20.37%.
Why it matters for the brand
With September retail at 17,90,188 units, up 33.08% YoY and 4.41% on August, dealers should back inventory and financing for Honda (4,69,789 units) and Hero MotoCorp (4,34,442), while giving electric models, now 11.58% of the market, real showroom space.
What to track next
- October retail registrations versus September's 17,90,188 units
- Honda's share holding above 26.19% and Hero MotoCorp's volume against its 4,34,442 units
- TVS Motor's share moving above or back below 20.37%
- Electric two-wheeler share against 11.58% in the next monthly data
- FY27 year-to-date retail growth moving away from 20.43%
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