Passenger Vehicle (PV) Sales Q1 FY 2024-25: Maruti Suzuki Leads, 9,80,386 Units, Up 5.1% YoY

India's passenger vehicle market registered 9,80,386 passenger vehicles in Q1 FY 2024-25. Volumes grew 5.1% against the 9,32,593 logged over the same 3 months of Q1 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 Q1 FY 2024-25 that was 8,98,661 cars and UVs and 81,725 taxis and cabs; taxis were 8.3% of the total. Against Q1 FY 2023-24, cars and UVs were +2.8% and taxis +40.7%.

April was the strongest month of the period at 3,55,617 passenger vehicles and June the quietest at 3,01,535, an average of 3,26,795 a month. 2 of those 3 months grew on the same month a year earlier.

ஏப்ரல் புதிய நிதியாண்டைத் தொடங்குகிறது; பொதுவாக விலை மாற்றங்களும் டீலர் இருப்பில் மறுசீரமைப்பும் நடக்கும்.

Q1 FY 2024-25 ஏப்ரல் 2024 முதல் ஜூன் 2024 வரை நடந்தது; இது முடிந்துவிட்டது. கீழுள்ள அட்டவணையில் உள்ள ஒவ்வொரு மாதமும் இறுதியானது; இந்தப் பக்கத்திலுள்ள ஒப்பீடுகள் அனைத்தும் Q1 FY 2023-24-இன் அதே மாதத்துடன் ஒப்பிடப்பட்டவை.

Passenger vehicles accounted for 15.1% of everything registered in India over the period, down from 15.8% in Q1 FY 2023-24. The whole market ran to 64,91,212 vehicles over the same window, up 10.0% year on year.

Maruti Suzuki led the period with 3,93,073 registrations, up 6.2% on Q1 FY 2023-24. Hyundai follows on 1,39,127, 2,53,946 behind — a gap of 2.83x.

The fastest riser in the top 8 was Toyota Kirloskar, up 27.5% to 60,641, while Skoda was down 7.8% at 20,184.

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 Q1 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 Q1 FY 2024-25: +5.1% against +10.0% for every vehicle registered in India.

இந்த அட்டவணை Vahan அறிக்கை அளிக்கும் ஒவ்வொரு பிரிவையும் ஒரே 3 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 2024 rather than Q1 FY 2024-25 alone — it is exact for that window.

Petrol accounts for 52.6% of passenger vehicle registrations over full-year 2024, with battery-electric at 2.5%.

Across the 3 completed windows in our Vahan record, passenger vehicle registrations went from 9,80,386 in Q1 FY 2024-25 to 12,67,423 in Q1 FY 2026-27, up 29.3% over the stretch.