In contrast, Hyundai’s domestic sales dropped 5% to 47,727 units. Maruti Suzuki maintained its dominance at the top with 1,60,791 units sold domestically, showing a marginal year-on-year increase.
Tata Motors secured fourth place with 46,811 units, a 9% decline, while Toyota reported 26,414 domestic PV sales, contributing to a 13% rise in its total sales.
Kia’s total sales reached 25,026 units, up 23.8%, and JSW MG Motor India saw retail sales climb 16.3% to 4,956 units, with electric vehicles (EVs) accounting for 78% of its volume.
Total Sales Overview
When factoring in exports and commercial vehicles, Mahindra led the pack with 83,702 units, a 15% increase from the previous year. Tata Motors followed with 79,344 units, down 8%, while Hyundai’s total sales fell 3% to 58,727 units.
Maruti Suzuki’s total sales grew slightly to 1,99,400 units. Toyota’s total sales rose 13% to 28,414 units, and Kia posted a 23.8% increase to 25,026 units.
Leadership Insights
Mahindra’s Chief of Automotive Division, Veejay Nakra, credited the company’s success to the “continued positive momentum for our SUV portfolio,” reflecting strong consumer demand for their offerings.
Hyundai’s COO, Tarun Garg, remained optimistic despite the dip, pointing to “proposed tax reforms in the Union Budget 2025 and improved liquidity” as potential drivers of future recovery.
Kia India’s CEO, Hardeep Singh Brar, emphasized “strong customer demand and our commitment to delivering cutting-edge mobility solutions,” underscoring the brand’s growth trajectory.
Toyota Kirloskar Motor’s Vice President, Varinder Wadhwa, noted that “MPVs and SUVs continue to be the primary growth drivers,” aligning with broader market trends favoring these vehicle segments.
Market Trends
Month-on-month comparisons reveal a slight decline in Mahindra’s domestic PV sales from January 2025, while Hyundai experienced a steeper 11.6% drop.
These fluctuations highlight the competitive nature of the market, where shifting consumer preferences are increasingly favoring SUVs and EVs. JSW MG Motor India’s high EV share exemplifies this trend, as does Mahindra’s SUV-driven surge.
