Follow us
[PLUS] India’s car sales to sustain momentum in 2025
Despite a slowdown, the PV market in India has expanded at very healthy levels, with the year likely to close with sales of around 4.3 million units.
01 Jan 2025
5564 Views
Share -
Sales Outlook for Various PV Segments for 2025
India, the world’s third-largest car market, is set to attain peak volumes of 4.25–4.3 million units in 2024, recording its fourth consecutive year of growth. However, the growth rate has significantly decreased given the high base of 2023, erratic rains in certain states, IT sector layoffs and that 2024 was an election year during which government spending slowed.
Industry participants and analysts have told Autocar Professional that the Indian passenger vehicle market will grow by 3.5–4.5%, making it next to only China in the world. In the first four months of 2024, it grew 7% as the supplies improved, ...
RELATED ARTICLES
KNR Hands Over a Transformed TVS Motor. What Next for Kargar?
Autocar Professional Bureau
30 Aug 2026
The incoming CEO inherits a stronger global business, growing positions in premium motorcycles and EVs, and the task of ...
Škoda‑Volkswagen Bets Big on India for a Strategic Turnaround
Ketan Thakkar
29 Aug 2026
Localisation and electrification are set to transform the group’s footprint in its most critical growth market outside E...
How Yulu is Re-Engineering Deal Terms to Insulate New Capital
Shahkar Abidi
28 Aug 2026
In a tight venture environment, micro-mobility players can no longer rely on simple valuation multiple rounds. In...
