India's passenger vehicle sales hit record high at 43 lakh units in FY25, utility vehicles driver of growth: SIAM

India's passenger vehicle sales hit a record 4.3 million units in FY 2024-25, a 2% increase driven by Utility Vehicles. Exports surged by 14.6% to 0.77 million units, fueled by global demand. Overall, the auto industry grew 7.3% domestically and 19.2% in exports, with two-wheeler sales recovering strongly and electric vehicles gaining traction. SIAM anticipates continued growth in FY 2025-26.

from Auto-Industry-Economic Times https://ift.tt/bQekzsw