PV SALES ON FAST LANE

Passenger vehicle wholesales in India hit record 45.5 lakh units in 2025

- PRESS TRUST OF INDIA

Passenger vehicle wholesales in India clocked a record 45.5 lakh units in 2025, growing by nearly 6 per cent, turbocharged by GST 2.0 in the latter part of the year that helped overcome a sluggish start, as per industry estimates.

The growth in 2025 was led by record annual sales from the likes of market leader Maruti Suzuki India, Mahindra & Mahindra, Tata Motors Passenger Vehicles, Toyota Kirloskar Motor, and Skoda Auto India, thereby helping the industry beat the previous highest of 43.05 lakh units clocked in 2024.

Homegrown automakers Mahindra & Mahindra and Tata Motors Passenger Vehicles leapfrogged longtime number two player Hyundai Motor India to become the second-and third-largest PV makers by volume in 2025, with the South Korean arm slipping to fourth position. SUVs continued to enjoy strong traction, going up to 55.8 per cent of total PVs sold in India from 53.8 per cent in 2024, even as small cars showed signs of recovery in the GST 2.0 era.