India’s Car Sales Surge Past 41.53 L mark during FY25

New Delhi: The number of new cars registered on the government’s VAHAN portal rose to a record 41,53,432 units during the financial year ended March 31, 2025, which represents a 4.87 per cent increase in sales over the previous financial year, according to figures compiled by the Federation of Automobile Dealers Associations (FADA). The rural areas registered a higher growth rate of 7.93 per cent driven by higher farms incomes, following the better performance of the agricultural sector. The urban areas clocked a growth of 3.07 per cent.

Maruti Suzuki India continued to be the market leader with a dominant 40 per cent market share while arch rival Hyundai Motor India was locked in fierce competition for the second spot with home-grown Tata Motors and Mahindra & Mahindra Ltd. The two Indian carmakers also made inroads in the electric car segment, according to the data. Two-wheeler sales during 2024-25 registered a higher growth rate at 7.71 per cent year-on-year to touch 1,88,77,812 units on the back of buoyant demand. Three-wheelers sales rose 4.54 per cent compared to the previous on driven by higher economic activity but commercial vehicles remained flat during the year.