Honda 2W (HMSI) Sales November 2025: 6,40,078 Units, −7.1% YoY
Full Vahan registration report for Honda 2W (HMSI) in November 2025 — total volume, year-on-year and month-on-month change, where it ranks against every other manufacturer, and the segment and fuel mix behind the number.
Honda 2W (HMSI) in November 2025
Honda 2W (HMSI) registered 6,40,078 vehicles in India in November 2025. Volume slipped 7.1% against November 2024 and dropped 24.8% against October. Its best month on record remains October 2025 at 8,50,960.
Of those, 6,39,972 were two-wheelers, −7.1% on November 2024. That figure is exact: it is counted with Vahan's own vehicle-class filter rather than worked out from the company total.
That put Honda 2W (HMSI) 2nd among every manufacturer registering vehicles in India in November 2025, behind Hero MotoCorp on 9,00,588 and ahead of TVS Motor on 4,69,668.
Measured against every vehicle registered in India that month — all segments, all fuels — that is 18.5% of the market, −1.99pp against November 2024.
Across 2025 to date — the 11 months of the year that have closed — the company has registered 49,00,196 vehicles, +3.8% on the same months of 2024.
Honda 2W (HMSI) monthly registrations
Every calendar year on record, month by month. The dashed end of the current year is the month so far.
What Honda 2W (HMSI) sells
99.98% of everything Honda 2W (HMSI) has registered in 2025 is in two-wheelers, and the company holds 25.1% of that segment nationally. Other vehicles is next at 0.0%.
This split is the calendar year to date and cannot be cut to a single month: our Vahan data holds a manufacturer's volume by month, and its volume by vehicle class, but not the two together. Multiplying them would be a guess, so the table stays on the axis where the number is exact.
Honda 2W (HMSI) by segment, 2025
Calendar year to date — exact, but with no month axis.
| Segment | 2025 units | Share of company | Share of segment |
|---|---|---|---|
| Two-Wheelers | 52,78,905 | 99.98% | 25.1% |
| Other | 1,040 | 0.0% | 0.5% |
| Cars & UVs | 40 | 0.0% | 0.0% |
| Tractors | 1 | 0.0% | 0.0% |
"Share of segment" is this company against every other manufacturer in the same segment, over the same months.
Fuel mix
0.1% of Honda 2W (HMSI)'s 2025 registrations are battery electric — 3,865 vehicles, against 0.0% in 2024.
Fuel, like segment, is published against the manufacturer for the whole year rather than by month, so these shares are 2025 to date. Hybrids are counted separately from battery electrics.
| Fuel | 2025 units | Share | vs 2024 |
|---|---|---|---|
| Petrol | 52,76,118 | 99.93% | −0.07pp |
| Diesel | 2 | 0.0% | 0.00pp |
| CNG / LPG | 1 | 0.0% | 0.00pp |
| Electric | 3,865 | 0.1% | +0.07pp |
Every manufacturer, November 2025
Ranked on total registrations across every vehicle type, which is the finest manufacturer split our Vahan data holds with a month axis. Two-wheeler makers therefore sit above carmakers selling far more value — this is a count of vehicles, not of revenue.
| # | Manufacturer | Nov 2025 | Share of market |
|---|---|---|---|
| 1 | Hero MotoCorp | 9,00,588 | 26.1% |
| 2 | Honda 2W (HMSI) | 6,40,078 | 18.5% |
| 3 | TVS Motor | 4,69,668 | 13.6% |
| 4 | Bajaj Auto | 3,18,256 | 9.2% |
| 5 | Maruti Suzuki | 1,69,300 | 4.9% |
| 6 | Mahindra & Mahindra | 1,43,135 | 4.1% |
| 7 | Royal Enfield | 1,22,888 | 3.6% |
| 8 | Suzuki 2W | 1,11,337 | 3.2% |
| 9 | Tata Motors | 91,128 | 2.6% |
| 10 | Yamaha India | 73,339 | 2.1% |
| 11 | Hyundai | 52,748 | 1.5% |
| 12 | Toyota Kirloskar | 30,794 | 0.9% |
| 13 | Kia India | 25,852 | 0.7% |
| 14 | Ather Energy | 22,203 | 0.6% |
| 15 | Ashok Leyland | 16,382 | 0.5% |
Honda 2W (HMSI) month by month
The last 15 months on record. The year-on-year column compares each month against the same month a year earlier; the running month is left without one.
| Month | Registrations | YoY |
|---|---|---|
| October 2026 (live) | 3,70,731 | — |
| September 2026 | 4,71,005 | +38.7% |
| August 2026 | 4,50,081 | +20.7% |
| July 2026 | 4,72,874 | +29.4% |
| June 2026 | 4,56,173 | +21.6% |
| May 2026 | 4,56,474 | +10.3% |
| April 2026 | 4,94,287 | +16.0% |
| March 2026 | 4,93,430 | +31.7% |
| February 2026 | 4,50,970 | +30.0% |
| January 2026 | 4,94,675 | +25.4% |
| December 2025 | 3,79,790 | +12.6% |
| November 2025 | 6,40,078 | −7.1% |
| October 2025 | 8,50,960 | +47.1% |
| September 2025 | 3,39,595 | −4.0% |
| August 2025 | 3,72,937 | −0.1% |
Frequently asked questions
How many vehicles did Honda 2W (HMSI) sell in November 2025?
Where does Honda 2W (HMSI) rank in November 2025?
What does Honda 2W (HMSI) mostly sell?
How many of Honda 2W (HMSI)'s vehicles are electric?
Are these retail sales or factory dispatches?
Honda 2W (HMSI) sales, earlier months
More from the reports desk
Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.
