June PV sales fall as small car demand dries up

PASSENGER vehicle (PV) sales fell sharply in June as consumers, mainly small car buyers, remained hesitant on making big-ticket purchases.

- ARSHAD KHAN @ New Delhi

India's largest carmaker, Maruti Suzuki (MSIL) reported a 13% year-on-year drop in PV dispatches, selling 118,906 units in June 2025 as against 137,160 units in the same month last year.

Rahul Bharti, senior executive officer, corporate affairs at MSIL said the slowdown in PV sales is due to a sharp fall in smaller segment cars. He stated that historically PV sales used to grow at 1.5 times the GDP growth but now even after 6.5% GDP growth, the car market is nearly flattish.