Passenger Vehicle (PV) Sales December 2025: Maruti Suzuki Leads, 3,99,488 Units Registered
Full Vahan registration report for passenger vehicles (cars, UVs and taxis) in December 2025 — every major manufacturer ranked, with month-on-month and year-on-year change, segment share, fuel mix and the state-wise picture.
How December went
India's passenger vehicle market registered 3,99,488 vehicles in December 2025. Volumes climbed sharply 29.0% against December 2024, and declined 5.9% on November. It was the strongest December in that record.
Passenger vehicles (PV, also called 4W) are privately registered cars and UVs plus taxis and cabs, which Vahan books as a class of their own. In December 2025 that was 3,72,658 cars and UVs and 26,830 taxis and cabs; taxis were 6.7% of the total. Against December 2024, cars and UVs were +28.5% and taxis +36.5%.
That is 10 consecutive months of year-on-year growth for the segment. Year to date, 46,29,317 units have been registered across 12 months, +9.4% on the same stretch of 2024 (42,29,896). The segment accounted for 18.6% of every vehicle registered in India that month.
December is the year-end discount month, though many buyers hold registration to January to keep a newer model year on the RC.
Monthly passenger vehicle registrations, 2023–2026
One line per calendar year — the shape of the year, not just its total. The dashed end of the current year is the month so far.
Manufacturer scoreboard
Maruti Suzuki led the segment with 1,56,742 registrations, ahead of Hyundai on 50,915 — a gap of 1,05,827 units, narrower than the 1,08,591 it held in November.
Tata Motors (EV) grew fastest among the segment's biggest names at +67.2% year on year (7,529 units).
On share rather than volume — the number that decides who is actually winning — Toyota Kirloskar has added 0.80pp of the segment in 2025, while Hyundai has given up 1.28pp.
Top 10 manufacturers, December 2025
Registrations in the month
Ranked by registrations in the month, with month-on-month and year-on-year change. Click a name for its full dashboard.
| # | Manufacturer | Dec 2025 | MoM | YoY | Share of passenger vehicles |
|---|---|---|---|---|---|
| 1 | Maruti Suzuki | 1,56,742 | −4.7% | +29.2% | 39.24% |
| 2 | Hyundai | 50,915 | −3.4% | +21.7% | 12.75% |
| 3 | Mahindra | 48,197 | −13.8% | +25.9% | 12.06% |
| 4 | Tata Motors (PV) | 47,882 | −3.3% | +35.3% | 11.99% |
| 5 | Toyota Kirloskar | 28,135 | −6.9% | +33.8% | 7.04% |
| 6 | Kia India | 22,217 | −14.0% | +17.9% | 5.56% |
| 7 | Skoda | 10,125 | −1.9% | +45.1% | 2.53% |
| 8 | Tata Motors (EV) | 7,529 | +5.0% | +67.2% | 1.88% |
| 9 | Honda Cars | 6,015 | +4.8% | +17.1% | 1.51% |
| 10 | MG Motor | 4,957 | −4.1% | −18.0% | 1.24% |
| 11 | Renault India | 3,332 | −2.9% | +38.1% | 0.83% |
| 12 | Mahindra Electric Automobile | 3,102 | +3.3% | — | 0.78% |
| 13 | Nissan India | 1,797 | −10.4% | +6.5% | 0.45% |
| 14 | BMW India | 1,754 | +15.8% | +23.1% | 0.44% |
| 15 | Mercedes-Benz | 1,463 | −10.5% | −3.3% | 0.37% |
Registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each number is that manufacturer's passenger vehicle volume (its cars and UVs plus its taxis and cabs). Companies that file electric models under a maker of their own (Tata, Mahindra) appear as separate rows.
Market share, year to date
Share is measured inside the segment itself — only passenger vehicle volume counts on either side of the ratio. Volume is full-year 2025. The comparison is against the whole of 2024.
Exact segment volume per manufacturer over full-year 2025, and the change in share against full-year 2024.
| # | Manufacturer | 2025 units | Share | vs full-year 2024 |
|---|---|---|---|---|
| 1 | Maruti Suzuki | 18,45,887 | 39.87% | −0.43pp |
| 2 | Mahindra | 5,80,755 | 12.55% | +0.54pp |
| 3 | Hyundai | 5,80,070 | 12.53% | −1.28pp |
| 4 | Tata Motors (PV) | 5,10,898 | 11.04% | −0.56pp |
| 5 | Toyota Kirloskar | 3,30,400 | 7.14% | +0.80pp |
| 6 | Kia India | 2,72,210 | 5.88% | −0.04pp |
| 7 | Skoda | 1,14,621 | 2.48% | +0.47pp |
| 8 | Tata Motors (EV) | 76,316 | 1.65% | +0.14pp |
| 9 | MG Motor | 72,182 | 1.56% | +0.23pp |
| 10 | Honda Cars | 65,815 | 1.42% | −0.30pp |
| 11 | Renault India | 36,414 | 0.79% | −0.17pp |
| 12 | Mahindra Electric Automobile | 30,420 | 0.66% | +0.66pp |
| 13 | Nissan India | 21,925 | 0.47% | −0.15pp |
| 14 | Mercedes-Benz | 18,079 | 0.39% | −0.02pp |
| 15 | BMW India | 17,682 | 0.38% | +0.02pp |
Fuel mix
Petrol accounts for 48.4% of the segment's registrations in 2025. Electric is at 4.23%, a move of +1.74pp on 2024 on volume of 1,95,852 units.
Passenger Vehicle fuel mix, 2025
Share of segment registrations year to date
The full-year 2025 mix.
| Fuel | 2025 units | Share | vs full-year 2024 |
|---|---|---|---|
| Petrol | 22,41,848 | 48.43% | −4.23pp |
| CNG / LPG | 9,89,224 | 21.37% | +3.18pp |
| Diesel | 8,34,247 | 18.02% | −0.21pp |
| Hybrid | 3,67,463 | 7.94% | −0.48pp |
| Electric | 1,95,852 | 4.23% | +1.74pp |
| Other | 683 | 0.01% | +0.01pp |
Share is of this report's own scope over full-year 2025, compared with the whole of 2024.
Where the demand is
Maharashtra was the largest market in full-year 2025 with 5,63,020 registrations, 12.2% of the segment's national total. Uttar Pradesh (5,09,477) and Gujarat (3,86,923) followed. Kerala has gained the most ground, adding 0.42pp of the national total.
Segment registrations over full-year 2025, by state.
| # | State | Units | Share | vs full-year 2024 |
|---|---|---|---|---|
| 1 | Maharashtra | 5,63,020 | 12.2% | +0.33pp |
| 2 | Uttar Pradesh | 5,09,477 | 11.0% | −0.04pp |
| 3 | Gujarat | 3,86,923 | 8.4% | −0.08pp |
| 4 | Karnataka | 3,35,246 | 7.2% | −0.15pp |
| 5 | Haryana | 3,23,107 | 7.0% | −0.14pp |
| 6 | Tamil Nadu | 3,11,001 | 6.7% | +0.23pp |
| 7 | Rajasthan | 2,58,787 | 5.6% | +0.32pp |
| 8 | Kerala | 2,47,965 | 5.4% | +0.42pp |
| 9 | Madhya Pradesh | 2,09,338 | 4.5% | +0.04pp |
| 10 | Delhi | 1,94,484 | 4.2% | −0.41pp |
| 11 | Punjab | 1,80,073 | 3.9% | +0.14pp |
| 12 | Telangana | 1,75,847 | 3.8% | −0.41pp |
Frequently asked questions
How many passenger vehicles were sold in India in December 2025?
What counts as a passenger vehicle (PV)?
Which company sold the most passenger vehicles in December 2025?
What is the passenger vehicle market share in India in 2025?
What share of passenger vehicles sold in India are electric?
Which state registers the most passenger vehicles in India?
Are these wholesale dispatches or retail sales?
Passenger Vehicle sales, earlier months
More from the reports desk
Source. Every figure is a vehicle registration, taken 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.
