India auto retail hits record May; PVs up 27.3%, Maruti holds 50% share
Passenger vehicle sales surged 27.3% YoY to 4.3 lakh units in May 2025, with two-wheelers up 14.8% and three-wheelers up 31.1%. Maruti Suzuki led at ~1.9 lakh units (50% share), trailed by M&M (15.3%) and Hyundai (~13%), aided by GST cuts and easier financing.
What happened
Maruti Suzuki · India auto sales hit record May highs with PVs up 27.3%, two-wheelers up 14.8%, three-wheelers up 31.1%, aided by lower base, GST cuts and
Key facts
- PV sales +27.3% YoY to 4.3 lakh units
- two-wheeler sales +14.8% to 19 lakh units
- three-wheeler sales +31.1% to 70,720 units
- Maruti 1.9 lakh units / ~50% share
- M&M 58,021 units / 15.3%
- Hyundai ~47,800 / ~13%
Why this matters
Hyundai's ~13% slot behind a widening Maruti-M&M lead opens a window for partnership, financing JV, or distribution-asset deals targeting the No. 3-5 OEMs losing relative ground.