TVS Motor Sales November 2025: 4,69,668 Units, +6.9% YoY
Full Vahan registration report for TVS Motor 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.
TVS Motor in November 2025
TVS Motor registered 4,69,668 vehicles in India in November 2025. Volume grew 6.9% against November 2024 and contracted 18.8% against October. Its best month on record remains October 2025 at 5,78,599.
Of those, 4,62,866 were two-wheelers (98.6% of the total), +6.0% 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 TVS Motor 3rd among every manufacturer registering vehicles in India in November 2025, behind Honda 2W (HMSI) on 6,40,078 and ahead of Bajaj Auto on 3,18,256.
Measured against every vehicle registered in India that month — all segments, all fuels — that is 13.6% of the market, +0.51pp against November 2024.
Across 2025 to date — the 11 months of the year that have closed — the company has registered 36,92,045 vehicles, +17.0% on the same months of 2024.
TVS Motor monthly registrations
Every calendar year on record, month by month. The dashed end of the current year is the month so far.
What TVS Motor sells
98.3% of everything TVS Motor has registered in 2025 is in two-wheelers, and the company holds 18.6% of that segment nationally. Three-wheelers is next at 1.2%.
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.
TVS Motor by segment, 2025
Calendar year to date — exact, but with no month axis.
| Segment | 2025 units | Share of company | Share of segment |
|---|---|---|---|
| Two-Wheelers | 39,12,930 | 98.3% | 18.6% |
| Three-Wheelers | 49,499 | 1.2% | 3.6% |
| Other | 17,439 | 0.4% | 7.7% |
| Goods Carriers | 5 | 0.0% | 0.0% |
| Cars & UVs | 3 | 0.0% | 0.0% |
| Tractors | 2 | 0.0% | 0.0% |
"Share of segment" is this company against every other manufacturer in the same segment, over the same months.
Fuel mix
8.5% of TVS Motor's 2025 registrations are battery electric — 3,36,906 vehicles, against 7.0% 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 | 36,15,971 | 90.9% | −1.47pp |
| CNG / LPG | 27,001 | 0.7% | +0.03pp |
| Electric | 3,36,906 | 8.5% | +1.44pp |
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% |
TVS Motor 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) | 2,78,087 | — |
| September 2026 | 3,74,454 | +43.2% |
| August 2026 | 3,63,770 | +26.5% |
| July 2026 | 3,84,337 | +34.7% |
| June 2026 | 3,68,724 | +24.2% |
| May 2026 | 3,65,772 | +12.9% |
| April 2026 | 3,88,158 | +19.7% |
| March 2026 | 3,94,870 | +34.1% |
| February 2026 | 3,56,474 | +33.1% |
| January 2026 | 3,84,626 | +27.2% |
| December 2025 | 2,87,833 | +27.3% |
| November 2025 | 4,69,668 | +6.9% |
| October 2025 | 5,78,599 | +58.4% |
| September 2025 | 2,61,460 | +12.4% |
| August 2025 | 2,87,508 | +16.1% |
Frequently asked questions
How many vehicles did TVS Motor sell in November 2025?
Where does TVS Motor rank in November 2025?
What does TVS Motor mostly sell?
How many of TVS Motor's vehicles are electric?
Are these retail sales or factory dispatches?
TVS Motor 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.
