Car Sales FY 2024-25: Maruti Suzuki Leads, 39,71,397 Units, Up 4.0% YoY
Every car registered in India over FY 2024-25 — April 2024 to March 2025. India's financial year runs April to March, the window every listed automaker reports on. Month-by-month volumes, the manufacturer leaderboard, how the segment moved against the rest of the market, and the same window in every earlier year on record.
Car sales month by month, FY 2024-25
India's passenger car market registered 39,71,397 cars in FY 2024-25. Volumes grew 4.0% against the 38,17,348 logged over the same 12 months of FY 2023-24.
October was the strongest month of the period at 4,81,054 cars and September the quietest at 2,68,599, an average of 3,30,950 a month. 5 of those 12 months grew on the same month a year earlier.
FY 2024-25 ran from April 2024 to March 2025 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of FY 2023-24.
Cars accounted for 14.6% of everything registered in India over the period, down from 14.9% in FY 2023-24. The whole market ran to 2,72,53,707 vehicles over the same window, up 6.4% year on year.
Car registrations by month — FY 2024-25 vs FY 2023-24
Vahan retail registrations, each month set against the same month a year earlier.
Every completed month of FY 2024-25, with the matching month of FY 2023-24 beside it.
| Month | FY 2024-25 units | FY 2023-24 units | YoY | Share of period |
|---|---|---|---|---|
| April 2024 | 3,27,754 | 2,83,293 | +15.7% | 8.3% |
| May 2024 | 2,95,156 | 2,98,019 | −1.0% | 7.4% |
| June 2024 | 2,75,699 | 2,93,206 | −6.0% | 6.9% |
| July 2024 | 3,12,973 | 2,78,804 | +12.3% | 7.9% |
| August 2024 | 3,03,141 | 3,08,265 | −1.7% | 7.6% |
| September 2024 | 2,68,599 | 3,25,631 | −17.5% | 6.8% |
| October 2024 | 4,81,054 | 3,49,437 | +37.7% | 12.1% |
| November 2024 | 3,23,074 | 3,66,054 | −11.7% | 8.1% |
| December 2024 | 2,89,984 | 2,91,687 | −0.6% | 7.3% |
| January 2025 | 4,58,945 | 3,89,681 | +17.8% | 11.6% |
| February 2025 | 2,95,504 | 3,22,466 | −8.4% | 7.4% |
| March 2025 | 3,39,514 | 3,10,805 | +9.2% | 8.5% |
Each month links through to its own full report.
Which manufacturer sold the most, FY 2024-25
Maruti Suzuki led the period with 15,06,544 registrations, up 1.7% on FY 2023-24. Hyundai follows on 5,58,988, 9,47,556 behind — a gap of 2.70x.
The fastest riser in the top 15 was Jaguar Land Rover India, up 41.9% to 5,341, while Honda Cars was down 18.7% at 65,557.
Volumes here are registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each is the manufacturer's car volume over FY 2024-25. Companies that file electric models under a maker of their own appear as separate rows.
Top manufacturers by registrations — FY 2024-25
Registrations inside the segment (cars only).
Exact registrations over April 2024 to March 2025, with the change against FY 2023-24.
| # | Manufacturer | FY 2024-25 units | Share of cars | vs FY 2023-24 |
|---|---|---|---|---|
| 1 | Maruti Suzuki | 15,06,544 | 37.94% | +1.7% |
| 2 | Hyundai | 5,58,988 | 14.08% | −2.5% |
| 3 | Mahindra | 5,04,449 | 12.70% | +21.3% |
| 4 | Tata Motors (PV) | 4,90,881 | 12.36% | −1.0% |
| 5 | Toyota Kirloskar | 2,59,977 | 6.55% | +30.9% |
| 6 | Kia India | 2,49,558 | 6.28% | +6.2% |
| 7 | Skoda | 89,523 | 2.25% | −4.5% |
| 8 | Honda Cars | 65,557 | 1.65% | −18.7% |
| 9 | MG Motor | 60,526 | 1.52% | +12.5% |
| 10 | Tata Motors (EV) | 56,766 | 1.43% | +13.9% |
| 11 | Renault India | 37,911 | 0.95% | −17.4% |
| 12 | Nissan India | 24,878 | 0.63% | −9.0% |
| 13 | Mercedes-Benz | 17,389 | 0.44% | +11.6% |
| 14 | BMW India | 15,876 | 0.40% | +10.4% |
| 15 | Jaguar Land Rover India | 5,341 | 0.13% | +41.9% |
Car sales against the rest of the market
Set against the rest of the market, cars lagged the national picture over FY 2024-25: +4.0% against +6.4% for every vehicle registered in India.
The table covers every segment Vahan reports over the same 12-month window, so the comparison is like for like — the same months, the same source, on both sides.
Car share of the Indian market, month by month
Cars as a percentage of every vehicle registered that month.
Exact segment volumes over April 2024 to March 2025.
| Segment | FY 2024-25 units | Share | vs FY 2023-24 |
|---|---|---|---|
| Two-Wheelers | 1,95,92,209 | 71.89% | +7.7% |
| Cars & UVs | 39,71,397 | 14.57% | +4.0% |
| Three-Wheelers | 12,63,431 | 4.64% | +4.6% |
| Tractors | 8,98,913 | 3.30% | −1.4% |
| Goods Carriers | 8,64,839 | 3.17% | −2.2% |
| Taxis & Cabs | 3,31,931 | 1.22% | +14.1% |
| Other classes | 2,14,111 | 0.79% | −2.5% |
| Buses | 1,16,876 | 0.43% | +20.3% |
What cars run on
Vahan splits a segment by fuel only across a whole calendar year, so this table covers full-year 2025 rather than FY 2024-25 alone — it is exact for that window.
Petrol accounts for 51.4% of car registrations over full-year 2025, with battery-electric at 4.4%.
Car registrations by fuel — full-year 2025
The full-year 2025 mix.
| Fuel | 2025 units | Share | vs full-year 2024 |
|---|---|---|---|
| Petrol | 21,92,752 | 51.35% | −4.05pp |
| Diesel | 7,85,723 | 18.40% | −0.16pp |
| CNG / LPG | 7,46,369 | 17.48% | +2.69pp |
| Hybrid | 3,56,714 | 8.35% | −0.44pp |
| Electric | 1,87,761 | 4.40% | +1.96pp |
| Other | 592 | 0.01% | +0.01pp |
Car sales by financial year
Across the 2 completed windows in our Vahan record, car registrations went from 39,71,397 in FY 2024-25 to 44,93,609 in FY 2025-26, up 13.1% over the stretch.
FY 2026-27 is still running — 6 of its 12 months are counted — so it is a part window and is never set against a full one. Its year-on-year figure compares only the months it actually holds.
Car registrations by financial year
* window still in progress.
| Period | Months | Units | YoY |
|---|---|---|---|
| FY 2026-27 (to date) | 6 | 23,18,975 | +24.7% |
| FY 2025-26 | 12 | 44,93,609 | +13.1% |
| FY 2024-25 | 12 | 39,71,397 | +4.0% |
Each row compares only the months that window holds, so a part period is never set against a full one.
Frequently asked questions
How many cars were sold in India in FY 2024-25?
What period does FY 2024-25 cover?
Which manufacturer sold the most cars in FY 2024-25?
Which was the strongest month for car sales in FY 2024-25?
What share of the Indian market were cars in FY 2024-25?
Which financial year had the highest car sales?
Are these retail sales or factory dispatches?
Car sales, other periods
More from the reports desk
Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.
