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Time of India
02-05-2025
- Automotive
- Time of India
Car sales in April 2025: Dispatches maintain pace, demand still weak
New Delhi: Even as FY 2024–25 closed with low single-digit growth in passenger vehicle (PV) sales, early estimates suggest the industry maintained a similar trajectory in April 2025. For three of the top four carmakers, which together command over 75 per cent of the domestic PV market, year-on-year dispatch growth remained sluggish, according to data released by the companies on Thursday. The market appears divided, with one segment of consumers deferring purchases amid economic uncertainty, while more affluent buyers continue to drive demand, particularly for SUVs. In April 2025, market leader Maruti Suzuki posted marginal growth, dispatching 1.38 lakh units compared to 1.37 lakh units in the same month last year. On the other hand, tepid consumer sentiment weighed on Hyundai Motor India and Tata Motors as they reported a year-on-year decline in dealer dispatches. Tarun Garg, Chief Operating Officer at Hyundai Motor India acknowledged the challenges, stating that the domestic market continues to face headwinds due to various macroeconomic factors. However, he emphasised that the company remains focused on strengthening its export performance. Domestic DispatchesApril 2025April 2024% changeMaruti Suzuki1,38,7041,37,9520.5M&M52,33041,00828Tata Motors45,19947,883-6Hyundai44,37450,201-12Toyota Kirloskar24,83318,70033Kia 23,62319,96818JSW MG Motor5,8294,72523Honda Cars3,3604,351-23 The slowdown in growth rates also reflects carmakers' cautious approach to dealer dispatches, aimed at avoiding inventory buildup amid uncertain demand. However, if the trend continues, it could raise concerns on the retail front, potentially resulting in increased discounts and promotional offers to stimulate sales. Industry watchers also note that Hyundai and Tata Motors are being affected by a lack of fresh model launches in their portfolios—an area where Mahindra & Mahindra (M&M) is gaining a competitive edge by capitalising on its newer offerings. In April, Mahindra, along with Toyota Kirloskar Motor, Kia, and JSW Motor, continued to post double-digit growth, driven largely by robust demand for their SUV models. Notably, Mahindra also overtook both Hyundai and Tata Motors to claim the No. 2 spot in the domestic passenger vehicle market during the month. Toyota Kirloskar noted that its growth was sustained despite a scheduled maintenance shutdown from April 21–25, 2025, which was carried out to ensure the upkeep of machinery and maintain operational efficiency, productivity, and safety. Kia, which is set to unveil its all-new Clavis MPV next week, said the brand's sales were led by its Sonet with 8,068 units, followed by Seltos at 6,135 units. Carens continued to see steady demand with 5,259 units, while the relatively new Syros contributed 4,000 units. The premium Carnival Limousine added 161 units to the overall tally. Honda Cars India also reported a double-digit YoY decline during April. The company's Vice President, Marketing & Sales, Kunal Behl, said, 'In view of the prevailing market conditions and subdued consumer sentiment, we have strategically moderated the dispatches in the month of April to maintain optimal inventory level across our network, ensuring operational efficiency and preparing for demand fluctuations without burdening the dealers.' He further added that certain variants of Honda Elevate will be available at discounted prices during May. Industry experts point out that consumer sentiment is being weighed down by concerns over a broader economic slowdown and the continued volatility in the stock markets, prompting many to postpone vehicle purchase decisions. The latest estimates peg India's real GDP growth at 6.5 per cent for 2024–25, marking a sharp deceleration from the 9.2 per cent expansion recorded in the previous fiscal year. In a recent earnings call, Maruti Suzuki Chairman RC Bhargava referred to projections from the Society of Indian Automobile Manufacturers (SIAM), indicating that growth expectations for the PV segment in FY 2025–26 are muted at just 1–2 per cent. This marks a further slowdown from the modest 3 per cent growth recorded in the previous fiscal year, highlighting the industry's cautious outlook amid economic headwinds and shifting consumer behaviour. It is worth noting that this phase of slow growth follows the past years of strong recovery and record-high car sales in the post-pandemic period. The industry had experienced a sharp rebound driven by pent-up demand, supply chain stabilisation, and increased preference for personal mobility-- momentum that now appears to be tapering off.
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Business Standard
01-05-2025
- Automotive
- Business Standard
Tata Motors sales down 6% at 72,753 units, Kia India sees 18% rise in April
Tata Motors' sale of PVs, including EVs, in the domestic market were down 6 per cent at 45,199 units against 47,883 units in the corresponding month last year Tata Motors Ltd on Thursday reported a 6.1 per cent decline in overall sales to 72,753 units in April 2025. The company posted the total sales at 77,521 units during April 2024. Total domestic sales were down 7 per cent to 70,963 units last month as compared to 76,399 units in April 2024, Tata Motors said in a regulatory filing. Total passenger vehicle (PV) sales, including EVs, were down 5 per cent at 45,532 units over 47,983 units in the year-ago period, it added. Sales of PVs, including EVs, in the domestic market were down 6 per cent at 45,199 units against 47,883 units in the corresponding month last year. The company said its total commercial vehicle (CV) sales last month were at 27,221 units from 29,538 units in April 2024, down 8 per cent. Kia India sales up Kia India on Thursday said its domestic sales increased 18 per cent year-on-year to 23,623 units in April. The company dispatched 19,968 units to dealers in April 2024. It sold 8,068 units of Sonet followed by 6,135 units of mid sized SUV Seltos last month, the company said. Besides, Carens sales stood at 5,259 units, while the newly launched Syros added 4,000 units to the total, Kia India said in a statement. The premium MPV Carnival Limousine contributed 161 units to the monthly figures, it added. "As we look ahead, our unwavering focus remains on delivering progressive, customer-centric mobility solutions that resonate with evolving aspirations," Kia India Senior VP and Head of Sales and Marketing Hardeep Singh Brar said. The company said it is all set to unveil its new offering, Clavis, on May 8. The innovative product is poised to set new standards in the segment, specifically designed to meet the diverse needs of customers, the automaker said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
India.com
01-05-2025
- Automotive
- India.com
Kia India Sees Significant Growth in April 2025 Sales
Kia India reported a total of 23,623 units sold in the domestic market for April 2025, reflecting an 18.3% year-on-year (Y-o-Y) increase from 19,968 units in April 2024. The Sonet led sales with 8,068 units, followed by the Seltos at 6,135 units. The Carens also performed well with 5,259 units sold, while the newly launched Syros added 4,000 units to the total. The premium MPV, Carnival Limousine, contributed 161 units to the overall sales. In the first quarter of 2025, following the launch of the Syros, Kia India achieved a 16.2% Y-o-Y growth compared to the same period in 2024. This growth highlights continued consumer interest in the brand's offerings. The strong sales of the Sonet and the positive reception of the Syros are considered key factors in this performance. Kia India is also preparing for the launch of its new product, 'Clavis,' which is set to be unveiled on May 8th, 2025. This new model is expected to cater to the evolving needs of customers and make an impact in its segment.
