Has car sales slowed down in India?
Car sales are cooling as the post-pandemic pent-up demand, which propelled sales to record highs in past years, has faded. Growth slowed to 2% in financial year 2025, from 8% the previous year and 27% in fiscal 2023, with industry experts attributing the moderation to a broader economic slowdown. Economic Factors. Economic factors are perhaps the most crucial factor affecting car sales. They include interest rates, unemployment rates, Gross Domestic Product (GDP), disposable income, and exchange rates.
Which car sells most in India?
The Maruti Suzuki Dzire took the throne of ‘the best-selling car’ from the Hyundai Creta. Further in this article, we list the best-selling cars in India and explain why the Maruti Dzire became the best-selling car. Like always, Maruti Suzuki held on to its lead with six of its cars reaching the top ten, while the remaining spots were grabbed by two Tata cars, one Mahindra car, and one Hyundai car. The Hyundai Creta took the title of the ‘best-selling car in India’ from the Maruti Suzuki Dzire.Maruti Suzuki: India’s Most Popular Automobile Brand. Maruti Suzuki is the most popular automobile brand in India, with a market share of over 42%. The company has been in operation for over 40 years and has a wide range of cars to offer, from compact hatchbacks to SUVs.Maruti Was The Best-selling Car Brand In June 2025, Followed By Mahindra And Hyundai.Maruti Suzuki: India’s Most Popular Automobile Brand. Maruti Suzuki is the most popular automobile brand in India, with a market share of over 42%. The company has been in operation for over 40 years and has a wide range of cars to offer, from compact hatchbacks to SUVs.
How many car sales per year in India?
Domestic Sales Total Passenger Vehicle Sales increased from 38. Lakh in FY 2022-23 to 42. Lakh units in FY 2023-24. Utility Vehicles from 20. Lakh to 25. Lakh units and Vans from 1. Lakh to 1. Lakh units. BMW India sells 15,721 units sold in 2024. BMW Group India has achieved its best-ever annual sales in 2024 with an 11% growth, delivering 15,721 cars.Car Sales June 2025 – Maruti, Mahindra, Hyundai, Tata, Toyota, Kia, MG, Skoda, Honda, VW. The Indian passenger vehicle market reported total sales of 3,17,757 units in June 2025, witnessing a 6. June 2024.
What is the biggest time of year for car sales?
December: December is arguably the best month to buy a car. Dealerships are trying to hit their year-end sales quotas, and salespeople are often more motivated to offer better deals to meet these targets. The closer you get to the end of the month, the better the deals tend to be. Dealers and their salespeople spend the month of December sprinting toward the finish line of their month-, quarter-, and year-end sales goals. That makes the end of the year some of the best days to buy a new car.December: December is arguably the best month to buy a car. Dealerships are trying to hit their year-end sales quotas, and salespeople are often more motivated to offer better deals to meet these targets. The closer you get to the end of the month, the better the deals tend to be.End of the Quarter And then there’s another period you could use to your advantage: the end of the quarter. Buying a car at the end of March, June, September, or December often leads to even better deals than buying at the end of the month, as dealerships are trying even harder to reach sales goals.Moreover, carmakers usually launch new models when entering a new financial year. As a result, car manufacturers offer additional discounts, better financing options and other offers to clear their stock. Therefore, January to March is seen as the best time to purchase a vehicle.January Comes After December This is the top reason why January is the slowest month for car sales.
Which is the best time to buy a car in India?
Which is the Best Month to Buy a Vehicle in India? It’s recommended to buy a vehicle in India during the festive and end-of-the-year sales October to December), as one could get huge discounts on them. What months are cheapest to buy a car? Though there’s no perfect formula that dictates which month is best to buy a vehicle, a good rule is to shop during the year’s later months, including October, November and December.Generally speaking, the best time to buy a used car is at the end of the month, especially at the end of a quarter: March, June, September, and December. Dealers will be keen to meet their sales targets and, in turn, may offer better deals.Moreover, the study found that the worst times to buy used cars start in April when there are fewer deals available, and bargains are even more limited through June, which is the worst month for used car deals, with a little over 30% fewer deals than the average.Impact of Seasonal Trends on Car Resale Value Seasons significantly affect the resale value of a car. The warmer months, especially spring and summer, tend to be the best times to sell due to increased buyer activity.