Maruti flags sluggish car sales growth

THE COUNTRY'S LARGEST passenger vehicle (PV) manufacturer, Maruti Suzuki India, has expressed concern over the stagnating growth in the car market, calling for urgent policy support from the government to revive the sector.

- NITIN KUMAR

In its annual report for FY25, chairman, RC Bhargava, has pointed out that the PV industry has grown at an average annual rate of only 4.4% over the past six years. The slowdown has become more pronounced recently, with retail sales rising just 3% in FY25, followed by a 1.3% dip in the first quarter of FY26.