TVS Motor Vahan retail registrations

TVS Motor Sales November 2025: 4,69,654 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.

4,69,654
November 2025 registrations
+6.9%
Year on year
−18.8%
Month on month
13.6%
Share of all registrations
+0.51pp YoY
3rd
Rank among all makers, November 2025
36.92 L
2025 year to date
+17.0% YoY

TVS Motor in November 2025

TVS Motor registered 4,69,654 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 5,78,587.

That put TVS Motor 3rd among every manufacturer registering vehicles in India in November 2025, behind Honda 2W (HMSI) on 6,40,066 and ahead of Bajaj Auto on 3,18,252.

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 36,91,992 vehicles, +17.0% on the same months of 2024.

TVS Motor monthly registrations

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

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: 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.

TVS Motor by segment, 2025

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

TVS Motor by segment — 2025 year to date
Segment 2025 units Share of company Share of segment
Two-Wheelers 39,12,874 98.3% 18.6%
Three-Wheelers 49,502 1.2% 3.6%
Other 17,432 0.4% 7.6%
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.

TVS Motor by fuel — 2025 year to date
Fuel 2025 units Share vs 2024
Petrol 36,15,909 90.9% −1.47pp
CNG / LPG 27,003 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 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 — November 2025
# Manufacturer Nov 2025 Share of market
1 Hero MotoCorp 9,00,586 26.1%
2 Honda 2W (HMSI) 6,40,066 18.5%
3 TVS Motor 4,69,654 13.6%
4 Bajaj Auto 3,18,252 9.2%
5 Maruti Suzuki 1,69,281 4.9%
6 Mahindra & Mahindra 1,40,118 4.1%
7 Royal Enfield 1,22,871 3.6%
8 Suzuki 2W 1,11,333 3.2%
9 Tata Motors 91,122 2.6%
10 Yamaha India 73,332 2.1%
11 Hyundai 52,743 1.5%
12 Toyota Kirloskar 30,779 0.9%
13 Kia India 25,850 0.7%
14 Ather Energy 21,894 0.6%
15 Ashok Leyland 16,380 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.

TVS Motor monthly registrations
Month Registrations YoY
September 2026 (live) 70,353
August 2026 3,62,273 +26.0%
July 2026 3,84,122 +34.7%
June 2026 3,68,637 +24.2%
May 2026 3,65,738 +12.9%
April 2026 3,88,129 +19.7%
March 2026 3,94,856 +34.0%
February 2026 3,56,470 +33.1%
January 2026 3,84,618 +27.2%
December 2025 2,87,826 +27.3%
November 2025 4,69,654 +6.9%
October 2025 5,78,587 +58.4%
September 2025 2,61,453 +12.4%
August 2025 2,87,506 +16.1%
July 2025 2,85,252 +8.0%

Frequently asked questions

How many vehicles did TVS Motor sell in November 2025?
4,69,654 TVS Motor vehicles were registered in India in November 2025, +6.9% against November 2024 and −18.8% against October. Across 2025 to date the total is 36,91,992 vehicles, +17.0% on the same 11 months a year earlier.
Where does TVS Motor rank in November 2025?
3rd among every manufacturer registering vehicles in India in November 2025, with 13.6% 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 TVS Motor mostly sell?
98.3% of TVS Motor's 2025 registrations are two-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 TVS Motor's vehicles are electric?
3,36,906 of TVS Motor's 39,79,818 registrations in 2025 are battery electric — 8.5% 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.

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.

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