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SIAM Q1 Data Show Maharashtra on Top, Two-Wheelers Near 80% as July PV Dispatches Dip

The latest SIAM release sets the stage for possible GST relief on entry-level vehicles ahead of the festive season.

Overview

  • Passenger vehicle sales reached 10.12 lakh in April–June 2025, with the Western zone at 3.21 lakh and Maharashtra leading states at 1.19 lakh.
  • Two-wheelers dominated with 46.75 lakh units, accounting for nearly 80% of total vehicle sales, and Uttar Pradesh led this segment with 8.18 lakh.
  • Passenger vehicle dispatches in July 2025 edged down to 3,40,772 units from 3,41,510 a year earlier, signaling near-term wholesale softness.
  • Reports indicate the Centre may cut GST on entry-level cars and two-wheelers to 18%, a move that could improve affordability before the festive season.
  • Commercial vehicle sales stood at 2.23 lakh in Q1 with Maharashtra near 32,000, three-wheelers totaled 1.65 lakh led by Uttar Pradesh at about 21,000, and several north-eastern states lagged across categories.