Auto Registrations Soar 9% in Dec: Four-Wheelers Lead, Two-Wheelers Lag

• Overall auto registrations rose 9% year-on-year in December 2025 (Dec 1-28 period), driven by steady consumer and fleet demand.
• Four-wheelers, including Passenger Vehicles (+15%), Commercial Vehicles (+16%), and Three-wheelers (+30%), showed strong double-digit growth.
• Two-wheeler registrations grew only 4%, indicating continued softness in entry-level commuter demand and patchy rural recovery.
• Eicher Motors and TVS Motor outperformed in two-wheelers, while Hero MotoCorp declined and Bajaj Auto remained flat.
• Electric two-wheelers saw divergence: Ather Energy surged over 40%, but Ola Electric registrations fell nearly 50%.

Why It Matters: Strong premium demand drives auto growth, but mass-market two-wheelers struggle for recovery.