The Indian automobile industry maintained a steady trajectory in May 2025, registering a mixed performance across key vehicle segments, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
Passenger vehicle (PV) sales remained largely unchanged, witnessing a marginal year-on-year dip of 0.8%, with 3,44,656 units sold in May 2025 compared to 3,47,492 units in the same month last year.
The two-wheeler segment showed modest growth, posting a 2.2% increase with total sales reaching 16,55,927 units, up from 16,20,084 units in May 2024. Within this segment, scooters led the growth with a notable 7.1% rise in sales, totaling 5,79,507 units. Motorcycle sales remained flat at 10,39,156 units, while moped sales declined by 7.7%, settling at 37,264 units.
Meanwhile, three-wheeler sales registered a slight decline, contributing to the overall muted performance across the industry.
Commenting on the industry’s performance in May 2025, Mr. Rajesh Menon, Director General of SIAM, said, “All vehicle segments delivered a stable performance during the month. The Passenger Vehicle segment recorded sales of 3.45 lakh units—its second-highest ever for May—though it saw a marginal year-on-year decline of 0.8% compared to May 2024. The Three-Wheeler segment registered a 3.3% decline, with sales of 0.54 lakh units. Meanwhile, the Two-Wheeler segment saw a modest growth of 2.2%, reaching 16.56 lakh units in May 2025, as compared to the same month last year.”
Quadricycle reported 96.9 per cent decline with a single unit sold in May 2025. The three-wheeler segment declined by 3.3 per cent, with 53,942 units sold in May 2025. Passenger carriers fell by 2.4 per cent to 44,354 units, while goods carriers dropped 1.6 per cent to 8,720 units.
Overall Outlook: The total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in May 2025 stood at 25,82,207 units. Looking ahead, the industry remains optimistic about an uptick in sales in the coming months. Sharing his perspective, Mr. Rajesh Menon stated, “The recent series of repo rate cuts by the RBI—totaling 100 basis points over the past six months—combined with a forecast of above-normal monsoons, are encouraging signs. These factors are expected to enhance affordability and uplift consumer sentiment, providing a positive push to the auto sector.”
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