Vehicle Sales 2025: Hero MotoCorp Leads, 2,92,91,488 Units, Up 7.5% YoY
Every vehicle registered in India over CY 2025 — January 2025 to December 2025. The calendar year, January to December. Month-by-month volumes, the manufacturer leaderboard, what India actually registered segment by segment, and the same window in every earlier year on record.
Vehicle sales month by month, CY 2025
The Indian vehicle market registered 2,92,91,488 vehicles in CY 2025. Volumes rose 7.5% against the 2,72,37,413 logged over the same 12 months of CY 2024.
October was the strongest month of the period at 41,70,653 vehicles and September the quietest at 19,31,196, an average of 24,40,957 a month. 9 of those 12 months grew on the same month a year earlier.
CY 2025 ran from January 2025 to December 2025 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of CY 2024.
Vehicle registrations by month — CY 2025 vs CY 2024
Vahan retail registrations, each month set against the same month a year earlier.
Every completed month of CY 2025, with the matching month of CY 2024 beside it.
| Month | CY 2025 units | CY 2024 units | YoY | Share of period |
|---|---|---|---|---|
| January 2025 | 24,10,557 | 22,47,856 | +7.2% | 8.2% |
| February 2025 | 19,97,131 | 21,42,870 | −6.8% | 6.8% |
| March 2025 | 22,34,751 | 22,35,419 | +0.0% | 7.6% |
| April 2025 | 23,96,909 | 23,03,231 | +4.1% | 8.2% |
| May 2025 | 23,16,166 | 21,91,877 | +5.7% | 7.9% |
| June 2025 | 21,04,604 | 19,96,076 | +5.4% | 7.2% |
| July 2025 | 20,63,503 | 21,48,824 | −4.0% | 7.0% |
| August 2025 | 20,67,400 | 19,90,301 | +3.9% | 7.1% |
| September 2025 | 19,31,196 | 18,17,370 | +6.3% | 6.6% |
| October 2025 | 41,70,653 | 29,56,540 | +41.1% | 14.2% |
| November 2025 | 34,51,556 | 33,55,020 | +2.9% | 11.8% |
| December 2025 | 21,47,062 | 18,52,029 | +15.9% | 7.3% |
Each month links through to its own full report.
Which manufacturer sold the most, CY 2025
Hero MotoCorp led the period with 59,27,643 registrations, up 5.9% on CY 2024. Honda 2W (HMSI) follows on 52,79,986, 6,47,657 behind — a gap of 1.12x.
The fastest riser in the top 15 was Royal Enfield, up 26.3% to 10,76,953, while Tata Motors was broadly flat (−1.0%) at 3,63,128.
Top manufacturers by registrations — CY 2025
Total registrations across every vehicle type each manufacturer sells.
Exact registrations over January 2025 to December 2025, with the change against CY 2024.
| # | Manufacturer | CY 2025 units | Share | vs CY 2024 |
|---|---|---|---|---|
| 1 | Hero MotoCorp | 59,27,643 | 20.24% | +5.9% |
| 2 | Honda 2W (HMSI) | 52,79,986 | 18.03% | +4.3% |
| 3 | TVS Motor | 39,79,878 | 13.59% | +17.7% |
| 4 | Bajaj Auto | 27,54,393 | 9.40% | −0.3% |
| 5 | Maruti Suzuki | 18,96,160 | 6.47% | +8.3% |
| 6 | Suzuki 2W | 11,56,157 | 3.95% | +14.9% |
| 7 | Royal Enfield | 10,76,953 | 3.68% | +26.3% |
| 8 | Mahindra | 8,75,619 | 2.99% | +14.2% |
| 9 | Yamaha India | 6,95,626 | 2.37% | +2.0% |
| 10 | Hyundai | 5,80,589 | 1.98% | −0.7% |
| 11 | Tata Motors (PV) | 5,11,800 | 1.75% | +4.1% |
| 12 | Tata Motors | 3,63,128 | 1.24% | −1.0% |
| 13 | Toyota Kirloskar | 3,36,835 | 1.15% | +22.8% |
| 14 | Kia India | 2,72,408 | 0.93% | +8.7% |
| 15 | Mahindra Tractors | 2,38,104 | 0.81% | +14.0% |
What India registered in CY 2025
Two-wheelers dominate every Indian registration total, and CY 2025 is no exception: two-wheelers alone accounted for 71.8% of the 2,92,91,488 vehicles registered across the period.
Buses grew fastest at +11.9%, and goods carriers slowest at +5.6%.
Market composition — CY 2025
Share of every vehicle registered in the period.
Exact segment volumes over January 2025 to December 2025.
| Segment | CY 2025 units | Share | vs CY 2024 |
|---|---|---|---|
| Two-Wheelers | 2,10,19,630 | 71.76% | +7.0% |
| Cars & UVs | 42,69,911 | 14.58% | +9.5% |
| Three-Wheelers | 13,63,074 | 4.65% | +7.8% |
| Tractors | 10,11,778 | 3.45% | +11.1% |
| Goods Carriers | 9,12,822 | 3.12% | +5.6% |
| Taxis & Cabs | 3,59,406 | 1.23% | +9.1% |
| Other classes | 2,27,958 | 0.78% | +10.5% |
| Buses | 1,26,909 | 0.43% | +11.9% |
Fuel mix, CY 2025
Battery-electric vehicles were 8.0% of every registration in CY 2025, against 7.4% in CY 2024. That is 23,56,971 electric vehicles across all segments.
Fuel labels come straight from Vahan and the split below covers the whole market over January 2025 to December 2025 — petrol includes the E20 ethanol blend, which is now the single largest label in the database.
Registrations by fuel — CY 2025
Every vehicle registered in the period, by fuel.
Exact fuel volumes over January 2025 to December 2025.
| Fuel | CY 2025 units | Share | vs CY 2024 | Share move |
|---|---|---|---|---|
| Petrol | 2,19,54,022 | 74.95% | +6.0% | −1.08pp |
| Diesel | 29,86,399 | 10.20% | +8.5% | +0.09pp |
| Electric | 23,56,971 | 8.05% | +16.3% | +0.61pp |
| CNG / LPG | 15,43,947 | 5.27% | +17.3% | +0.44pp |
| Hybrid | 3,69,002 | 1.26% | +3.2% | −0.05pp |
| Other | 81,147 | 0.28% | +7.4% | 0.00pp |
Vehicle sales, year by year
Across the 2 completed windows in our Vahan record, vehicle registrations went from 2,72,37,413 in CY 2024 to 2,92,91,488 in CY 2025, up 7.5% over the stretch.
CY 2026 is still running — 9 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.
Vehicle registrations by calendar year
* window still in progress.
| Period | Months | Units | YoY |
|---|---|---|---|
| CY 2026 (to date) | 9 | 2,37,70,759 | +21.8% |
| CY 2025 | 12 | 2,92,91,488 | +7.5% |
| CY 2024 | 12 | 2,72,37,413 | +9.1% |
Each row compares only the months that window holds, so a part period is never set against a full one.
Where the demand was, CY 2025
Uttar Pradesh registered the most vehicles of any state in CY 2025 — 41,00,871, 14.0% of the national total.
The top five states together account for 46.1% of every vehicle registered in the period.
Top states by registrations — CY 2025
All vehicle types, exact for the period.
| # | State | Units | Share | vs CY 2024 |
|---|---|---|---|---|
| 1 | Uttar Pradesh | 41,00,871 | 14.0% | +9.1% |
| 2 | Maharashtra | 32,88,431 | 11.2% | +13.9% |
| 3 | Tamil Nadu | 21,18,517 | 7.2% | +8.4% |
| 4 | Gujarat | 20,90,132 | 7.1% | +10.0% |
| 5 | Karnataka | 19,13,164 | 6.5% | +1.3% |
| 6 | Madhya Pradesh | 16,99,663 | 5.8% | +1.9% |
| 7 | Rajasthan | 16,88,574 | 5.8% | +2.1% |
| 8 | Bihar | 15,07,199 | 5.1% | +8.0% |
| 9 | West Bengal | 12,86,384 | 4.4% | +8.6% |
| 10 | Haryana | 10,81,143 | 3.7% | +8.5% |
| 11 | Telangana | 10,31,169 | 3.5% | +0.4% |
| 12 | Andhra Pradesh | 9,26,141 | 3.2% | +1.6% |
| 13 | Odisha | 8,94,198 | 3.1% | +10.3% |
| 14 | Kerala | 8,88,372 | 3.0% | +14.0% |
| 15 | Delhi | 8,18,029 | 2.8% | +15.0% |
Frequently asked questions
How many vehicles were sold in India in CY 2025?
What period does CY 2025 cover?
Which manufacturer sold the most vehicles in CY 2025?
Which was the strongest month for vehicle sales in CY 2025?
Which calendar year had the highest vehicle sales?
Are these retail sales or factory dispatches?
Vehicle 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.
