India’s top automakers showed mixed performance in May 2025.
The country’s largest passenger vehicle maker, Maruti Suzuki India (MSIL), on Monday reported a 5.5 per cent year-on-year (YoY) decline in its domestic wholesales (dispatches to dealers) to 1,35,962 units in May, compared with 1,44,002 units in the same month last year, mainly due to poor sales of small and compact cars.
The company sold 6,776 units of its mini segment (Alto, S-Presso) during the month, a 31.5 per cent YoY decline compared with 9,902 units in May last year. The sales of the compact segment (like Swift, WagonR, Baleno) also declined by 10 per cent YoY to 61,502 units versus 68,206 units in May 2024.
Partho Banerjee, Senior Executive Officer (Marketing and sales) at MSIL, said the company “calibrated supplies” to the dealers, aligning with the industry’s retail sales projections amid the India-Pakistan conflict and a dip in entry-level car sales.
On small cars he said, “Fundamentally, the cost of the vehicles is going up as the number of regulations is getting added, and that is an affordability issue, which we all have been talking about. Until the time the small car markets don’t start growing, people don’t upgrade from a two-wheeler to a four-wheeler. I think this problem will be there.”
He said the India-Pakistan conflict also affected the company’s sales last month as the automaker enjoys a market share of around 55 per cent in States like Jammu & Kashmir, Punjab, Rajasthan and Gujarat.
“The States contribute close to 22 per cent of our sales, and the cities which were impacted account for almost 9 per cent of our sales,” Banerjee added.
Meanwhile, Hyundai Motor India (HMIL) said its dispatches to dealers in the domestic market declined 11 per cent to 43,861 units in May compared with 49,151 units in the year-ago period.
The company said that last month, it undertook a routine week-long biannual maintenance shutdown at its Chennai-based manufacturing facility, which affected the availability of a few critical models.
“May is a month of our routine week-long biannual maintenance shutdown at our Chennai manufacturing facility which affects availability of few critical models. We continue to witness consistent growth in our exports volume and this is a testament to the ‘Make in India, Made for the World’ philosophy that we passionately uphold,” Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said.
Going forward, the company remains hopeful of a steady increase in demand for both domestic as well as international shipments with reduced uncertainty on the geo-political front and improved macro-economic situation, he added.
In the two-wheeler segment, market leader Hero MotoCorp reported a growth of 2 per cent YoY to 4,88,997 units in May wholesales as compared with 4,79,450 units in the corresponding month last year.
Similarly, Pune-based Bajaj Auto also reported a YoY growth of 2 per cent in its domestic wholesales to 1,91,412 units in May as compared with 1,88,340 units in the same month last year.
Exports of Bajaj Auto also grew by 20 per cent YoY to 1,40,958 units against 1,17,142 units in May 2024.
Published on June 2, 2025
India’s top automakers showed mixed performance in May 2025.
The country’s largest passenger vehicle maker, Maruti Suzuki India (MSIL), on Monday reported a 5.5 per cent year-on-year (YoY) decline in its domestic wholesales (dispatches to dealers) to 1,35,962 units in May, compared with 1,44,002 units in the same month last year, mainly due to poor sales of small and compact cars.
The company sold 6,776 units of its mini segment (Alto, S-Presso) during the month, a 31.5 per cent YoY decline compared with 9,902 units in May last year. The sales of the compact segment (like Swift, WagonR, Baleno) also declined by 10 per cent YoY to 61,502 units versus 68,206 units in May 2024.
Partho Banerjee, Senior Executive Officer (Marketing and sales) at MSIL, said the company “calibrated supplies” to the dealers, aligning with the industry’s retail sales projections amid the India-Pakistan conflict and a dip in entry-level car sales.
On small cars he said, “Fundamentally, the cost of the vehicles is going up as the number of regulations is getting added, and that is an affordability issue, which we all have been talking about. Until the time the small car markets don’t start growing, people don’t upgrade from a two-wheeler to a four-wheeler. I think this problem will be there.”
He said the India-Pakistan conflict also affected the company’s sales last month as the automaker enjoys a market share of around 55 per cent in States like Jammu & Kashmir, Punjab, Rajasthan and Gujarat.
“The States contribute close to 22 per cent of our sales, and the cities which were impacted account for almost 9 per cent of our sales,” Banerjee added.
Meanwhile, Hyundai Motor India (HMIL) said its dispatches to dealers in the domestic market declined 11 per cent to 43,861 units in May compared with 49,151 units in the year-ago period.
The company said that last month, it undertook a routine week-long biannual maintenance shutdown at its Chennai-based manufacturing facility, which affected the availability of a few critical models.
“May is a month of our routine week-long biannual maintenance shutdown at our Chennai manufacturing facility which affects availability of few critical models. We continue to witness consistent growth in our exports volume and this is a testament to the ‘Make in India, Made for the World’ philosophy that we passionately uphold,” Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said.
Going forward, the company remains hopeful of a steady increase in demand for both domestic as well as international shipments with reduced uncertainty on the geo-political front and improved macro-economic situation, he added.
In the two-wheeler segment, market leader Hero MotoCorp reported a growth of 2 per cent YoY to 4,88,997 units in May wholesales as compared with 4,79,450 units in the corresponding month last year.
Similarly, Pune-based Bajaj Auto also reported a YoY growth of 2 per cent in its domestic wholesales to 1,91,412 units in May as compared with 1,88,340 units in the same month last year.
Exports of Bajaj Auto also grew by 20 per cent YoY to 1,40,958 units against 1,17,142 units in May 2024.
Published on June 2, 2025
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The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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