Passenger vehicle sales

April 15, 2025 12:53 PM

Passenger vehicle sales soar to 4.3 million units in FY 2024-25, UVs drive growth: SIAM report

Passenger vehicle sales in India reached an all-time high of 4.3 million units in the financial year 2024-25, according to data released by the Society of Indian Automobile Manufacturers (SIAM). This marks a 2% increase compared to the previous year, with Utility Vehicles (UVs) remaining the key growth driver in the passenger vehicle segment. Their share in overall sales rose to 65% in FY 2024-25, up from around 60% in the previous year. The report also noted that new model launches with moder...

Passenger vehicle sales reach all-time high in November: SIAM Report

The Indian passenger vehicle market reached its highest-ever sales figures in November 2023, with 3.34 lakh units sold. This represents a year-on-year growth of 3.7 percent compared to November 2022, when sales stood at 3.22 lakh units. The data was released by the Society of Indian Automobile Manufacturers (SIAM). The passenger vehicle category led the sales momentum in November 2023, surpassing the previous year’s numbers and contributing to the steady upward trend in the automotive industr...