Passenger Vehicle (PV) Sales FY 2024-25: Maruti Suzuki Leads, 43,03,387 Units, Up 4.7% YoY

India's passenger vehicle market registered 43,03,387 passenger vehicles in FY 2024-25. Volumes grew 4.7% against the 41,08,304 logged over the same 12 months of FY 2023-24.

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 FY 2024-25 that was 39,71,760 cars and UVs and 3,31,627 taxis and cabs; taxis were 7.7% of the total. Against FY 2023-24, cars and UVs were +4.0% and taxis +14.0%.

October was the strongest month of the period at 5,12,215 passenger vehicles and September the quietest at 2,93,779, an average of 3,58,616 a month. 6 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.

Passenger vehicles accounted for 15.8% of everything registered in India over the period, down from 16.0% in FY 2023-24. The whole market ran to 2,72,53,886 vehicles over the same window, up 6.4% year on year.

Maruti Suzuki led the period with 17,32,270 registrations, up 3.1% on FY 2023-24. Hyundai follows on 5,82,813, 11,49,457 behind — a gap of 2.97x.

The fastest riser in the top 8 was Toyota Kirloskar, up 29.8% to 2,85,379, while Honda Cars was down 18.2% at 68,182.

Volumes here are registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each is the manufacturer's passenger vehicle volume over FY 2024-25. Companies that file electric models under a maker of their own appear as separate rows.

Set against the rest of the market, passenger vehicles lagged the national picture over FY 2024-25: +4.7% against +6.4% for every vehicle registered in India.

இந்த அட்டவணை Vahan அறிக்கை அளிக்கும் ஒவ்வொரு பிரிவையும் ஒரே 12 மாதக் காலத்தில் உள்ளடக்குகிறது; அதனால் ஒப்பீடு நேருக்கு நேர் — இரு பக்கமும் ஒரே மாதங்கள், ஒரே மூலம்.

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 48.4% of passenger vehicle registrations over full-year 2025, with battery-electric at 4.2%.

Across the 2 completed windows in our Vahan record, passenger vehicle registrations went from 43,03,387 in FY 2024-25 to 48,71,881 in FY 2025-26, up 13.2% over the stretch.

FY 2026-27 is still running — 7 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.