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Time of India
12 hours ago
- Automotive
- Time of India
Auto retail sales skid 4.3% after three months in July with 19,64,213 units
India's automobile retail sales fell by 4.31 per cent year-on-year in July 2025, marking the end of a three-month growth run, as per data from the Federation of Automobile Dealers Associations ( FADA ). Total vehicle registrations stood at 19,64,213 units against 20,52,759 units sold in July 2025. 'After three consecutive months of growth, India's auto retail sector applied the brakes in July, with overall retails declining by 4.31 per cent YoY. This pullback largely stems from a high-base effect in July 2024,' said C S Vigneshwar, President, FADA. Two-wheeler segment sales The two-wheeler segment saw a 6.48 per cent year-on-year drop to 13,55,504 units against 14,49,487 units sold in July 2025, reflecting both the high base and current rural market constraints. Heavy monsoon rains and ongoing crop-sowing activity weighed on rural footfalls, leading to a slowdown in purchases. However, dealers report that many buyers are deferring decisions to August, aligning with the onset of the festive season, FADA report added. Commercial vehicle sales Commercial vehicle segment grew to 76,439 units in July with a reported rise of 0.23 per cent year-on-year when compared with 76,261 units in the same time last year. Urban demand was buoyed by the introduction of new models, institutional buying, and school-bus procurement schemes. In contrast, rural demand remained uneven, hampered by weather-related disruptions, logistical challenges, and delays in financier disbursements, stated the report. PV sales contract slightly Passenger vehicle (PV) sales were down by 0.81 per cent year-on-year at 3,28,613 units. PV sales were reported at 3,31,280 units in the same time period last year. The sequential growth was driven by rural demand resilience towards the end of the month, supported by auspicious delivery days during the Aashaada period and new model launches. In contrast, urban enquiries remained sluggish, with potential buyers awaiting festive discounts. Near-Term Outlook Favourable monsoon conditions and the upcoming festive season are expected to support a recovery in demand. However, uncertainties around export tariffs and the risk of localised flooding warrant cautious monitoring. Targeted promotional strategies, collaborative financing initiatives, and a balanced approach to rural and urban engagement will be key to unlocking latent demand and sustaining retail momentum. Segment July 2025 July 2024 Percentage change PV3,28,613 2,97,722-0.81%2W13,55,504 14,46,387-6.48%CV76,439 73,3670.23%Total 19,64,213 20,52,759-4.31% (Source: FADA)
News18
12 hours ago
- Automotive
- News18
Auto retail sales down in July 2025; FADA cites high base effect
New Delhi [India], August 7 (ANI): India's auto retail sector witnessed a notable slowdown in July 2025, with total vehicle registrations declining by 4.31 per cent year-on-year, according to data released by the Federation of Automobile Dealers Associations (FADA) on attributing the drop primarily to a high base effect from July 2024, along with weather-related challenges that impacted consumer sentiment and rural the monthly vehicle retail data, FADA President C S Vigneshwar noted, 'July's downturn is largely due to an unusual base from last year, where sales had recovered late in the month following extreme heat and subsequent heavy rainfall."Among segments, Two-Wheelers (2W) were the worst hit, reporting a 6.48 per cent decline year-on-year and a 6.28 per cent dip month-on-month. The association noted that continued heavy rains and crop-sowing activities reduced rural footfalls, leading to deferred Vehicles (PV) also saw a year-on-year contraction of 0.81 per cent despite a 10.38 per cent month-on-month growth. Inventory in the PV segment stood at an elevated 55 the commercial front, the Commercial Vehicle (CV) segment recorded marginal year-on-year growth of 0.23 per cent and a 4.19 per cent increase tractors emerged as the best-performing category in July, with a sharp 10.96 per cent increase year-on-year and 14.9 per cent sequential ahead, FADA expects sales momentum to improve in August, driven by multiple festivals such as Rakhi, Janmashtami, Independence Day, and Ganesh Chaturthi, along with continued monsoon benefits. According to a survey, 59 per cent of dealers foresee growth in August, while only 9 per cent anticipate a FADA flagged risks from the recent imposition of a 25 per cent US tariff on Indian exports, rupee depreciation, and resulting import-cost pressures, which could weigh on consumer confidence and dampen discretionary spending.'The industry enters August with guarded optimism," Vigneshwar added. 'While tailwinds from the monsoon and festive season are expected to boost demand, export-tariff volatility and isolated weather disruptions require careful monitoring."Despite July's blip, cumulative retail sales for April-July FY26 rose 2.79 per cent year-on-year to 85.24 lakh units. The 3W and PV segments posted growth of 8.62 per cent and 2.46 per cent respectively, while tractor sales rose 7.67 per cent in the same period. (ANI)
Yahoo
22-07-2025
- Automotive
- Yahoo
India vehicle market under pressure in May
In May, India's Light Vehicle (LV) wholesale figures experienced a 1% month-on-month (MoM) decrease, totaling 399k units, although they displayed a marginal year-on-year (YoY) growth of 1%. Passenger Vehicle (PV) sales contracted by 1% MoM to 341k units, maintaining the same level as in May 2024. Moreover, sales of Light Commercial Vehicles (LCVs) with a gross vehicle weight of up to 6T stood at 58k units, marking a decline of 2% MoM but an increase of 8% YoY. Retail sales of PVs and LCVs in May plummeted by 13% MoM to 347k units, in contrast to 397k units in April and 403k units in March, according to data from the Federation of Automobile Dealers Associations (FADA). PV retail sales tumbled by 14% MoM, while LCV sales fell by 5% MoM. PV volumes continued to suffer due to the entry-level segment, attributable to limited financing options and waning consumer confidence. 'Although bookings remained fairly healthy, retail conversions lagged on margin-money challenges and deferred decisions,' stated FADA President C S Vigneshwar. Additionally, escalating tensions at India's borders further exacerbated the industry's challenges. As a result, PV inventory in India increased marginally to a 52-53 days' supply at the end of May, compared to a 50-days' supply in April and 50-55 days in March, as reported by FADA. Cumulatively across the first five months of 2025 as a whole, LV sales rose by 3% YoY to 2.1 milliom units. This total included 1.8 milliom PVs (+3% YoY) and 300k LCVs (+1% YoY). In June, the Reserve Bank of India reduced interest rates by 0.5 pp to 5.5%, marking the lowest rate in three years. This latest decrease follows two previous cuts in February and April. Nonetheless, vehicle sales in June are likely to have been affected by the continued downturn in the Small Car segment as well as geopolitical tensions. Regarding the economy, our partner, Oxford Economics (OE), has slightly revised India's GDP growth forecast downward by 0.1 pp to 6.4% for 2025 and 6.5% for 2026, citing persistent effects from global trade tensions and policy uncertainties. Despite a hiatus in US-China tariffs, trade policy uncertainty continues to suppress investment confidence domestically, with business surveys signaling a decline in production and capacity utilization expectations. Meanwhile, tensions with Pakistan have temporarily eased, stabilizing the rupee and mitigating immediate risks to investor confidence. Inflation remained in check at 3.2% YoY in May, bolstered by lower food prices and a favorable monsoon forecast, while core inflation suggests increasing demand pressures. Our LV sales forecasts for India remain largely unchanged from previous projections, with volumes in 2025 expected to grow by 3% YoY, surpassing the 5 milliom unit threshold. Looking ahead, we anticipate that sales will climb to 6.8 million units by 2032. This article was first published on GlobalData's dedicated research platform, the . "India vehicle market under pressure in May – GlobalData" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Time of India
09-07-2025
- Automotive
- Time of India
EV sales in India rise 28.6% to 1,80,238 in June: FADA
Electric vehicle (EV) sales in India rose 28.60 per cent to 1,80,238 units in June over the period year-ago, driven by massive jump in e-passenger vehicle volumes, Federation of Automobile Dealers' Association ( FADA ) said in a statement on Tuesday. Electric passenger vehicle sales, as per FADA data, stood at 13,178 units in the previous month compared to 7,323 e-PVs in June 2024, registering a sharp increase of 79.95 per cent year-on-year. The e-passenger vehicles' share in the overall electric vehicle market shot up to 4.4 per cent in June 2025 from 2.5 per cent in June 2024, it said. Electric three-wheeler volumes during the month under review were recorded at 60,559 units, up 15.79 per cent from 52,302 units in the same month last year. The e-three-wheeler segment, as per FADA data, rose to 60.2 per cent in the total EVs demand in June 2025 against 55.4 per cent in the period a year earlier. Electric two-wheeler retail sales during June 25 surged 31.69 per cent at 105,355 units as against 80,003 e-two-wheelers retailed in June 2024, the automobile dealers' body said. Electric commercial vehicle retail sales for the period under review was seen at 1,146 units as compared to 515 units in June 2024, a growth of 122.5 per cent year-on- year, FADA said. Electric mobility is gathering unprecedented momentum across all segments, underpinned by the PM e-Drive Scheme 's mandate to make electric vehicles more accessible and affordable, said FADA President, C S Vigneshwar. "In June 2025, electric two-wheelers commanded 7.3 per cent of the market, up from 5.8 per cent a year ago, demonstrating growing consumer confidence in EV technology. Electric three-wheelers now account for over 60 per cent of all three-wheeler sales, cementing their role in last-mile connectivity, while PV, EV penetration rose to 4.4 per cent and electric CV doubled to 1.56 per cent YoY," he said. By expanding charging infrastructure and fostering domestic innovation, this visionary initiative is driving record EV sales nationwide and charting a path to a cleaner, smarter, and self-reliant mobility future for India, he added.
NDTV
09-07-2025
- Automotive
- NDTV
EV Demand Gains Momentum, Recording 28.6 Pc Growth In Sales: FADA
Mumbai: Electric vehicle (EV) sales in India rose 28.60 per cent to 1,80,238 units in June over the period year-ago, driven by massive jump in e-passenger vehicle volumes, Federation of Automobile Dealers' Association (FADA) said in a statement on Tuesday. Electric passenger vehicle sales, as per FADA data, stood at 13,178 units in the previous month compared to 7,323 e-PVs in June 2024, registering a sharp increase of 79.95 per cent year-on-year. The e-passenger vehicles' share in the overall electric vehicle market shot up to 4.4 per cent in June 2025 from 2.5 per cent in June 2024, it said. Also Read - Mahindra XUV 3XO REVX Launched At Rs 8.94 Lakh Electric three-wheeler volumes during the month under review were recorded at 60,559 units, up 15.79 per cent from 52,302 units in the same month last year. The e-three-wheeler segment, as per FADA data, rose to 60.2 per cent in the total EVs demand in June 2025 against 55.4 per cent in the period a year earlier. Electric two-wheeler retail sales during June 25 surged 31.69 per cent at 105,355 units as against 80,003 e-two-wheelers retailed in June 2024, the automobile dealers' body said. Electric commercial vehicle retail sales for the period under review was seen at 1,146 units as compared to 515 units in June 2024, a growth of 122.5 per cent year-on- year, FADA said. Electric mobility is gathering unprecedented momentum across all segments, underpinned by the PM e-Drive Scheme's mandate to make electric vehicles more accessible and affordable, said FADA President, C S Vigneshwar. "In June 2025, electric two-wheelers commanded 7.3 per cent of the market, up from 5.8 per cent a year ago, �demonstrating growing consumer confidence in EV technology. Electric three-wheelers now account for over 60 per cent of all three-wheeler sales, cementing their role in last-mile connectivity, while PV, EV penetration rose to 4.4 per cent and electric CV doubled to 1.56 per cent YoY," he said. By expanding charging infrastructure and fostering domestic innovation, this visionary initiative is driving record EV sales nationwide and charting a path to a cleaner, smarter, and self-reliant mobility future for India, he added.
