May auto retail roars: PVs up 28% to 440K units, Maruti and Tata Motors hit record highs
Passenger vehicle dispatches surged 28% to ~440,000 units in May. Maruti Suzuki posted a record 190,337 units; Tata Motors jumped 42% to 59,090 with record 10,517 EVs. M&M (+11%), Hyundai (+9.1%) joined the rally. Two-wheelers, CVs and tractors also logged double-digit growth despite Iran war fuel jitters.
What happened
Maruti Suzuki · May auto retail sales surged with PVs up 28% to 440,000 units. Maruti hit record 190,337 units; Tata Motors rose 42% with record EV sales.
Key facts
- 440,000 units PV sales
- 28% PV growth
- 190,337 Maruti units
- 59,090 Tata Motors units (+42%)
- 10,517 Tata EV units
- 58,021 M&M units (+11%)
- 47,837 Hyundai domestic (+9.1%)
- 459,611 Honda 2W (+10%)
- 384,565 TVS (+24%)
- 94,115 Royal Enfield (+24%)
- 32,850 Tata CV (+17%)
- 47,845 M&M tractors (+23%)
Why this matters
Broad-based 20%+ growth across PVs, 2Ws, CVs and tractors creates a window to scout EV component, dealership network, and aftermarket targets while seller multiples remain anchored to pre-rally baselines.