India’s March 2025 Car Sales Rise 3.7%, Continuing Growth Trend

In March 2025, India’s passenger vehicle sales rose 3.7% to 329,742 units. This marks six consecutive months of growth, though monthly sales decreased by 0.5%. The first quarter saw a 2.4% increase in overall sales, totaling 1,162,560 units.

In March 2025, India’s passenger vehicle sales saw a year-on-year increase of 3.7%, totaling 329,742 units. This growth rate aligns with that of the previous month as reported by the Society of Indian Automobile Manufacturers (SIAM). It is essential to note that these figures do not include sales from premium brands like BMW, Mercedes-Benz, Jaguar Land Rover (JLR), and Volvo.

This development signifies the sixth consecutive month of year-on-year growth in the passenger vehicle sector. However, there was a slight monthly decline of 0.5% in sales, following a more significant 5.7% dip seen in February. For the first quarter of 2025, passenger vehicle sales grew by 2.4% compared to the same period last year, accumulating to 1,162,560 units.

India’s passenger vehicle sales demonstrate a robust year-on-year growth of 3.7% in March 2025, continuing a trend observed over the past six months. Despite a slight monthly decline, the overall quarterly performance indicates positive momentum with an increase of 2.4% in vehicle sales for the first quarter.

Original Source: www.tradingview.com