Passenger Vehicle (PV) Sales Q4 FY 2023-24: Maruti Suzuki Leads, 11,11,755 Units, Up 8.5% YoY

India's passenger vehicle market registered 11,11,755 passenger vehicles in Q4 FY 2023-24. Volumes rose 8.5% against the 10,24,789 logged over the same 3 months of Q4 FY 2022-23.

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 Q4 FY 2023-24 that was 10,23,010 cars and UVs and 88,745 taxis and cabs; taxis were 8.0% of the total. Against Q4 FY 2022-23, cars and UVs were +5.0% and taxis +76.2%.

January was the strongest month of the period at 4,21,370 passenger vehicles and March the quietest at 3,40,699, an average of 3,70,585 a month. 2 of those 3 months grew on the same month a year earlier.

ஜனவரியில் புத்தாண்டு பதிவு நெருக்கடி அதிகம் — டிசம்பர் இறுதியில் டெலிவரி எடுத்த வாங்குநர்கள் பெரும்பாலும் முதல் வாரத்தில் பதிவு செய்கின்றனர்.

Q4 FY 2023-24 ஜனவரி 2024 முதல் மார்ச் 2024 வரை நடந்தது; இது முடிந்துவிட்டது. கீழுள்ள அட்டவணையில் உள்ள ஒவ்வொரு மாதமும் இறுதியானது; இந்தப் பக்கத்திலுள்ள ஒப்பீடுகள் அனைத்தும் Q4 FY 2022-23-இன் அதே மாதத்துடன் ஒப்பிடப்பட்டவை.

Passenger vehicles accounted for 16.8% of everything registered in India over the period, down from 17.2% in Q4 FY 2022-23. The whole market ran to 66,26,160 vehicles over the same window, up 11.1% year on year.

Maruti Suzuki led the period with 4,56,542 registrations, up 6.1% on Q4 FY 2022-23. Hyundai follows on 1,51,511, 3,05,031 behind — a gap of 3.01x.

The fastest riser in the top 8 was Toyota Kirloskar, up 49.9% to 63,777, while Skoda was down 12.9% at 22,345.

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 Q4 FY 2023-24. 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 Q4 FY 2023-24: +8.5% against +11.1% 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 Q4 FY 2023-24 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 11,11,755 in Q4 FY 2023-24 to 14,27,695 in Q4 FY 2025-26, up 28.4% over the stretch.