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The Society of Indian Automobile Manufacturers (SIAM) has released the data for passenger vehicle sales in the country. Based on the latest announcement, the automobile industry showed growth in February 2025. Specifically, passenger vehicle sales have reached a record high, along with growth for three-wheeler sales, while two-wheeler sales have declined significantly. This comes at a time when FADA warned of a significant decrease in retail sales during the same month.
The overall wholesale of passenger vehicles stood at 23,46,258 units in February 2025 including three-wheelers, two-wheelers, and quadricycles. Sales of passenger vehicles increased by 1.9% compared to February 2024, reaching 3,77,689 units, which represents the highest sales for this segment in February based on factory shipments to dealerships.
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Wholesale sales of three-wheelers showed positive growth, rising by 4.7 percent to 57,788 units compared to the same month last year. Within this category, passenger carriers and goods carriers grew by 6.8 percent and 5.9 percent, respectively, while electric rickshaws and carts experienced significant declines of 50.9 per cent and 30.6 per cent.
The two-wheeler category, which constitutes a major part of India's automobile market, saw a 9 per cent decrease year-on-year in wholesale shipments, with sales falling to 1,384,605 units. Motorcycles faced the largest decline, showing a 13.1 per cent drop, while scooters remained relatively stable with only a 0.5 per cent decrease. Mopeds persisted in their downward trend with an 18.2 per cent drop.
Commenting on February 2025's performance, Rajesh Menon, Director General, SIAM, said, "Passenger Vehicles segment remained resilient and posted its highest-ever sales of February in 2025 of 3.78 Lakh units, with a growth of 1.9% as compared to February 2024. Three-Wheelers also continued to perform and grew by 4.7% compared to February of previous year, with sales of 0.58 Lakh units. However, Two-Wheelers de-grew by (-) 9% in February 2025, as compared to February 2024, with sales of 13.85 Lakh units. Upcoming festivities of Holi and Ugadi in March is likely to continue to drive demand, thereby closing FY 2024-25 on a reasonably positive note."
The overall wholesale of passenger vehicles stood at 23,46,258 units in February 2025 including three-wheelers, two-wheelers, and quadricycles. Sales of passenger vehicles increased by 1.9% compared to February 2024, reaching 3,77,689 units, which represents the highest sales for this segment in February based on factory shipments to dealerships.
Also Read: Mahindra XUV700 Ebony Edition Teased Ahead Of Launch
Wholesale sales of three-wheelers showed positive growth, rising by 4.7 percent to 57,788 units compared to the same month last year. Within this category, passenger carriers and goods carriers grew by 6.8 percent and 5.9 percent, respectively, while electric rickshaws and carts experienced significant declines of 50.9 per cent and 30.6 per cent.
The two-wheeler category, which constitutes a major part of India's automobile market, saw a 9 per cent decrease year-on-year in wholesale shipments, with sales falling to 1,384,605 units. Motorcycles faced the largest decline, showing a 13.1 per cent drop, while scooters remained relatively stable with only a 0.5 per cent decrease. Mopeds persisted in their downward trend with an 18.2 per cent drop.
Commenting on February 2025's performance, Rajesh Menon, Director General, SIAM, said, "Passenger Vehicles segment remained resilient and posted its highest-ever sales of February in 2025 of 3.78 Lakh units, with a growth of 1.9% as compared to February 2024. Three-Wheelers also continued to perform and grew by 4.7% compared to February of previous year, with sales of 0.58 Lakh units. However, Two-Wheelers de-grew by (-) 9% in February 2025, as compared to February 2024, with sales of 13.85 Lakh units. Upcoming festivities of Holi and Ugadi in March is likely to continue to drive demand, thereby closing FY 2024-25 on a reasonably positive note."
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