India's PV Retail Sales Increase 1.55% YoY in April 2025 Amid Market Stability

India's passenger vehicle (PV) retail sales saw a 1.55% year-on-year (YoY) increase in April 2025, indicating firm consumer demand even as the economy faced uncertainties. The latest information was released by the Federation of Automobile Dealers Associations (FADA), which revealed modest growth in the industry. Here is the detailed analysis:

 

Key Highlights

Passenger Vehicle Sales Growth

 

April 2025 PV retail sales volumes stood at 340,320 units, down from 335,123 units in April 2024.

 

The growth of 1.55% represents stable demand based on new model introductions and enhanced supply chains.

 

Drivers of Growth

 

Seasonal demand and stable fuel prices drove the uptick.

 

Discounting policies of manufacturers ensured continued consumer interest.

 

Segment-Wise Performance

 

Sales of SUVs were robust and represented more than 50% of total PV sales.

 

Sedans and hatchbacks recorded moderate growth, weighed down by excess supply and fierce competition.

 

Market Challenges

 

High levels of inventory and climbing interest rates were a challenge for dealers.

 

Uncertainty related to elections impacted purchasing decisions by consumers.

 

Future Outlook & Industry Trends

 

FADA predicts growth to continue, with consumers showing a positive sentiment after elections.

 

The automobile industry continues to remain strong, with policy support and new launches propelling demand.

 

This slow growth indicates guarded optimism in India's auto industry, with market dynamics driving buying choices.

 

Sources: FADA Report, Autocar Analysis