Overview

• Industry wholesales reached 378,457 units in September, up 5.46% year on year and 15.4% month on month, as GST 2.0 reduced effective prices.
• Tata Motors logged a record 59,667 dispatches, with the Nexon at 22,573 units to become the month’s best-selling car, reflecting SUV-led gains.
• Mahindra reported 56,233 units, a 10% YoY rise driven by 18,372 Scorpios, while Maruti retained market leadership at 132,821 units despite a YoY decline.
• Passenger EV sales more than doubled to over 15,000 units, led by Tata at 6,216, as BMW Group India recorded best-ever Jan–Sep car sales with 2,509 EVs delivered.
• Q3 CY2025 wholesales totaled 1,052,845 units, down 0.32% YoY, with some manufacturers citing late-month dispatch and logistics constraints that capped deliveries.