Overview

• Hyundai Motor India has fallen to fourth place for three straight months as Tata Motors and Mahindra & Mahindra capture SUV-driven market share.
• Sports utility vehicles outsold small cars two to one in the fiscal year to March 31, 2025, with nearly 2.8 million SUVs sold against 1.35 million compact cars.
• Mahindra & Mahindra has been the biggest beneficiary of the SUV boom, posting monthly sales growth of almost 20% amid slower industry averages.
• CNG car sales rose 35% year-on-year in 2024 to 715,213 units, with Maruti Suzuki accounting for two-thirds of all CNG vehicle purchases.
• Electric vehicle adoption remains nascent as new EV models struggle with limited fleet demand and consumer uptake.