CALCULATE YOUR SIP RETURNS

January 2025 Auto Sales Surge: Mahindra, MG and More Show Impressive Growth

Written by: Kusum KumariUpdated on: Feb 1, 2025, 10:56 PM IST
January 2025 sees Mahindra's SUV sales up 18%, while MG's EV sales soar by 256%. Maruti Suzuki, Tata, and Hyundai report steady growth, with the Wagon R leading.
January 2025 Auto Sales Surge: Mahindra, MG and More Show Impressive Growth
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

In December 2024, the top 3 car brands by sales were Maruti Suzuki, Tata, and Hyundai. Maruti Suzuki and Tata saw positive year-on-year (YoY) growth, while Hyundai’s sales declined by 1.3%.

Mahindra SUV Sales Surge by 18%

Mahindra’s SUV sales continued their upward trend, with 50,659 units sold in January 2025, compared to 43,068 units in the same month last year. This reflects an 18% YoY growth.

Mahindra’s tractor sales also showed strong growth. The company sold 26,305 tractors domestically in January 2025, marking a 15% increase, while its exports grew by 12% to 1,252 units.

MG Reports Huge Growth in EV Sales

MG Motor has seen massive success in the electric vehicle (EV) segment, with a 256% YoY increase in sales, reaching 4,455 units in January 2025. The company’s EV models, including the Comet, Windsor, and ZS EV, made up 70% of total sales last month.

Kia Sees 5% Growth in Sales

Kia India sold 25,025 units in January 2025, marking a 5% increase from 23,769 units sold in January 2024. The company expects further growth with the launch of the Kia Syros, priced from ₹9 lakh. Deliveries for the new model will start next month.

Maruti Suzuki Records Highest Monthly Sales

Maruti Suzuki achieved its highest-ever monthly sales, delivering 2,12,251 units in January 2025. This includes:

  • 1,77,688 units sold in the domestic market
  • 7,463 units supplied to other OEMs
  • 27,100 units exported

The compact hatchback and UV segments saw strong year-on-year (YoY) growth.

Tata Motors’ Passenger Vehicle Sales Drop 11%

Tata Motors sold 48,316 units in January 2025, a 10% decline compared to 53,633 units in January 2024. The company’s commercial vehicle (CV) sales remained stable, with 31,988 units sold, slightly lower than 32,092 units last year.

Hyundai Creta Leads Sales, EV Model Boosts Demand

Hyundai India’s total sales reached 65,603 units in January 2025, with domestic sales at 54,003 units and exports at 11,600 units. The Hyundai Creta EV, launched at the Bharat Mobility Global Expo 2025, helped the Creta achieve its highest-ever domestic monthly sales of 18,522 units.

Toyota Reports 19% YoY Growth

Toyota sold 29,371 units in January 2025, up 19% YoY from 24,609 units in January 2024. Domestic sales stood at 26,178 units, while 3,193 units were exported.

Best-Selling Cars in 2024

The top-selling cars of 2024 were:

  1. Tata Punch – 2,02,031 units
  2. Maruti Suzuki Wagon R – 1,90,855 units
  3. Maruti Suzuki Ertiga – 1,90,091 units

With new launches and rising EV demand, the auto sector continues to see shifting trends in sales.

Ola Electric Registers 24,341 EVs

Ola Electric sold 24,341 electric scooters in January 2025, according to VAHAN data. Despite facing service-related issues and an ongoing Competition Commission of India (CCI) investigation, Ola launched its Gen 3 scooters and the all-new Ola S1 Pro+ in India.

Royal Enfield Sales Up 20%

Royal Enfield recorded 91,132 units in total sales, marking a 20% growth compared to January 2024.

  • Domestic sales: 81,052 units
  • Exports: 10,080 units

Both domestic and export sales saw strong year-on-year (YoY) growth.

TVS Two-Wheeler Sales Rise by 10%

TVS Motor Company sold 3,87,671 two-wheelers in January 2025, up 18% YoY from 3,29,937 units in January 2024.

  • Domestic sales: 2,93,860 units, up 10% from 2,68,233 units last year.

Breakdown of TVS Two-Wheeler Sales

  • Motorcycles: 1,74,388 units, up 12% from 1,55,611 units in January 2024.
  • Scooters: 1,71,111 units, up 29% from 1,32,290 units last year.

TVS EV Sales Surge by 55%

TVS saw a sharp rise in electric vehicle (EV) sales, delivering 25,195 units in January 2025, a 55% increase from 16,276 units in January 2024.

With strong performances from Ola, Royal Enfield, and TVS, the two-wheeler market continues to see steady growth, especially in the EV segment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 1, 2025, 10:33 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2.5 Cr+ happy customers