Piaggio Vahan retail registrations

Piaggio Sales August 2026: 12,401 Units, +23.9% YoY

Full Vahan registration report for Piaggio in August 2026 — 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.

12,401
August 2026 registrations
+23.9%
Year on year
−10.7%
Month on month
0.5%
Share of all registrations
+0.02pp YoY
18th
Rank among all makers, August 2026
98,713
2026 year to date
+25.6% YoY

Piaggio in August 2026

Piaggio registered 12,401 vehicles in India in August 2026. Volume pushed ahead 23.9% against August 2025 and declined 10.7% against July. Its best month on record remains October 2025 at 14,339.

That put Piaggio 18th among every manufacturer registering vehicles in India in August 2026, behind Ola Electric on 13,916 and ahead of Sonalika (ITL) on 11,963.

Measured against every vehicle registered in India that month — all segments, all fuels — that is 0.5% of the market, +0.02pp against August 2025.

Across 2026 to date — the 8 months of the year that have closed — the company has registered 98,713 vehicles, +25.6% on the same months of 2025.

Piaggio monthly registrations

Every calendar year on record, month by month. The running month is left off the line until it closes.

What Piaggio sells

72.7% of everything Piaggio has registered in 2026 is in three-wheelers, and the company holds 7.4% of that segment nationally. Two-wheelers is next at 27.1%.

This split is the calendar year to date and cannot be cut to a single month: Vahan publishes a manufacturer's volume by month, and its volume by vehicle class, but never the two together. Multiplying them would be a guess, so the table stays on the axis where the number is exact.

Piaggio by segment, 2026

Calendar year to date — exact, but with no month axis.

Piaggio by segment — 2026 year to date
Segment 2026 units Share of company Share of segment
Three-Wheelers 73,479 72.7% 7.4%
Two-Wheelers 27,364 27.1% 0.2%
Other 193 0.2% 0.1%
Goods Carriers 8 0.0% 0.0%
Taxis & Cabs 8 0.0% 0.0%

"Share of segment" is this company against every other manufacturer in the same segment, over the same months.

Fuel mix

10.3% of Piaggio's 2026 registrations are battery electric — 10,415 vehicles, against 12.1% in 2025.

Fuel, like segment, is published against the manufacturer for the whole year rather than by month, so these shares are 2026 to date. Hybrids are counted separately from battery electrics.

Piaggio by fuel — 2026 year to date
Fuel 2026 units Share vs 2025
Petrol 27,376 27.1% −0.45pp
Diesel 55,325 54.7% +5.78pp
CNG / LPG 7,936 7.9% −3.52pp
Electric 10,415 10.3% −1.79pp

Every manufacturer, August 2026

Ranked on total registrations across every vehicle type, which is the finest manufacturer split Vahan publishes 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 leaderboard — August 2026
# Manufacturer Aug 2026 Share of market
1 Honda 2W (HMSI) 4,48,450 18.3%
2 Hero MotoCorp 4,15,324 17.0%
3 TVS Motor 3,62,273 14.8%
4 Bajaj Auto 2,02,667 8.3%
5 Maruti Suzuki 1,71,790 7.0%
6 Mahindra & Mahindra 1,04,998 4.3%
7 Suzuki 2W 1,04,510 4.3%
8 Royal Enfield 95,121 3.9%
9 Tata Motors 89,206 3.6%
10 Yamaha India 62,519 2.6%
16 Mahindra Last Mile 15,274 0.6%
17 Ola Electric 13,916 0.6%
18 Piaggio 12,401 0.5%
19 Sonalika (ITL) 11,963 0.5%
20 TAFE 10,779 0.4%

Piaggio 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.

Piaggio monthly registrations
Month Registrations YoY
September 2026 (live) 2,339
August 2026 12,401 +23.9%
July 2026 13,894 +38.5%
June 2026 12,691 +37.5%
May 2026 11,260 +24.3%
April 2026 11,612 +23.3%
March 2026 12,395 +24.5%
February 2026 12,369 +29.2%
January 2026 12,091 +6.7%
December 2025 10,510 +14.5%
November 2025 13,118 +3.0%
October 2025 14,339 +10.9%
September 2025 8,936 −17.7%
August 2025 10,010 −6.1%
July 2025 10,032 −17.4%

Frequently asked questions

How many vehicles did Piaggio sell in August 2026?
12,401 Piaggio vehicles were registered in India in August 2026, +23.9% against August 2025 and −10.7% against July. Across 2026 to date the total is 98,713 vehicles, +25.6% on the same 8 months a year earlier.
Where does Piaggio rank in August 2026?
18th among every manufacturer registering vehicles in India in August 2026, with 0.5% of all registrations that month. The ranking counts a company's total across every vehicle type it sells, which is the finest manufacturer split Vahan publishes with a month axis.
What does Piaggio mostly sell?
72.7% of Piaggio's 2026 registrations are three-wheelers. That split is published for the calendar year rather than by month, so it is a year-to-date figure — Vahan does not publish a manufacturer's volume inside one segment for one month.
How many of Piaggio's vehicles are electric?
10,415 of Piaggio's 1,01,052 registrations in 2026 are battery electric — 10.3% of its book.
Are these retail sales or factory dispatches?
Retail. Every figure on this page is a vehicle registration recorded on the Ministry of Road Transport and Highways' Vahan 4 dashboard — a vehicle counts when a buyer registers it at an RTO. Manufacturers announce wholesale dispatches to dealers each month, which is a different and usually larger number.

Piaggio 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.

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