Overview

• India’s passenger vehicle wholesales edged up just 0.1% year-on-year in May to about 352,000 units, reflecting a stagnant small car segment.
• Mahindra & Mahindra boosted dispatches by 21% to 52,431 units, reinforcing its position as India’s second-largest PV maker on strong SUV demand.
• Maruti Suzuki achieved 180,077 unit sales, a 3.2% rise driven by a 79.8% jump in exports to 31,219 units, while domestic PV volumes dipped 6%.
• Tata Motors’ total sales fell 9% to 70,187 units, weighed down by an 11% decline in passenger vehicle dispatches despite a 2% uptick in electric vehicle deliveries.
• Hyundai Motor India recorded an 8% drop to 58,701 units after a week-long Chennai plant shutdown cut domestic volumes by 11%, with exports steady at 14,840 units.