India’s passenger car market experienced modest growth in February 2025, with sales reaching approximately 3.8 lakh units, marking a 2.3% increase compared to February 2024. However, this also represented a 5.2% decline from January 2025. While the year-on-year growth reflects resilience in the industry, the month-on-month dip aligns with typical market trends where January often witnesses slower dealer dispatches due to leftover stock from the previous year.
OEM Sales Performance in February 2025
The table below presents the domestic sales figures for key automobile manufacturers in India for February 2025 compared to February 2024:
Car Sales February 2025
Rank | OEM | Feb’25 Sales | Feb’24 Sales | YoY Growth (%) | Jan’25 Sales | MoM Growth (%) | Market Share Feb’25 (%) | Market Share Feb’24 (%) | MS Diff (%) |
---|---|---|---|---|---|---|---|---|---|
1 | Maruti Suzuki | 1,60,791 | 1,60,272 | 0.3% | 1,73,599 | -7.4% | 42.2% | 43.1% | -0.8% |
2 | Mahindra | 50,420 | 42,401 | 18.9% | 50,659 | -0.5% | 13.2% | 11.4% | 1.9% |
3 | Hyundai | 47,727 | 50,201 | -4.9% | 54,003 | -11.6% | 12.5% | 13.5% | -1.0% |
4 | Tata | 46,437 | 51,270 | -9.4% | 48,075 | -3.4% | 12.2% | 13.8% | -1.6% |
5 | Toyota | 26,414 | 23,300 | 13.4% | 26,178 | 0.9% | 6.9% | 6.3% | 0.7% |
6 | Kia | 25,026 | 20,200 | 23.9% | 25,025 | 0.0% | 6.6% | 5.4% | 1.1% |
7 | Honda | 5,616 | 7,142 | -21.4% | 6,103 | -8.0% | 1.5% | 1.9% | -0.4% |
8 | Skoda | 5,583 | 2,254 | 147.7% | 4,133 | 35.1% | 1.5% | 0.6% | 0.9% |
9 | MG | 4,002 | 4,532 | -11.7% | 4,455 | -10.2% | 1.1% | 1.2% | -0.2% |
10 | VW | 3,110 | 3,019 | 3.0% | 3,344 | -7.0% | 0.8% | 0.8% | 0.0% |
11 | Renault | 2,676 | 4,080 | -34.4% | 2,780 | -3.7% | 0.7% | 1.1% | -0.4% |
12 | Nissan | 2,328 | 2,755 | -15.5% | 2,404 | -3.2% | 0.6% | 0.7% | -0.2% |
13 | Jeep | 293 | 331 | -11.5% | 310 | -5.5% | 0.1% | 0.1% | 0.0% |
14 | Citroen | 268 | 421 | -36.3% | 470 | -43.0% | 0.1% | 0.1% | 0.0% |
Total | – | 3,80,691 | 3,72,178 | 2.3% | 4,01,538 | -5.2% | – | – | – |
Key Takeaways from February 2025 Car Sales
1. Maruti Suzuki Retains Market Leadership
Maruti Suzuki continued its dominance, reporting 1,60,791 units sold in February 2025, a marginal rise from 1,60,272 units in the same period last year. However, its market share slightly declined by 0.8%, indicating intensified competition from other manufacturers.
2. Mahindra Surpasses Hyundai for the Second Spot
Mahindra & Mahindra recorded an impressive 19% growth, selling 50,420 units compared to 42,401 units in February 2024. Strong demand for models like the Roxx and new electric vehicles BE 6 and XEV 9 fueled this growth, enabling Mahindra to surpass Hyundai in total sales.
3. Hyundai Faces Declining Sales
Hyundai reported a 4.9% decline in sales, with 47,727 units sold compared to 50,201 units last year. The absence of major new launches contributed to this stagnation, impacting its overall performance.
4. Tata Motors Reports a Significant Decline
Tata Motors witnessed a 9% drop in sales, reporting 46,811 units in February 2025 compared to 51,321 units in February 2024. While the brand remains strong in the EV segment, overall demand appears to have softened.
5. Kia Records Impressive Growth with Syros
Kia India recorded 23.8% YoY growth, selling 25,026 units compared to 20,200 units last year. The newly launched Syros compact SUV significantly contributed to this surge, registering 5,425 units in sales and receiving over 20,000 bookings.
6. Skoda Sees Growth, MG and Honda Struggle
Skoda recorded a 22.8% increase in sales, with its Kylaq model emerging as the brand’s best-seller. In contrast, MG Motor and Honda saw slight declines of 3%, reflecting tougher competition in their segments.
Conclusion
The Indian automobile market’s modest growth in February 2025 highlights a mix of challenges and opportunities for manufacturers. While Mahindra and Kia have emerged as key gainers, Hyundai and Tata face stagnation. The coming months will be crucial, as new model launches and market strategies will determine which brands can sustain their momentum in an increasingly competitive landscape.