Market Dynamics Shift in April 2025

In a surprising turn of events, Maruti Suzuki India saw its dominance in the domestic passenger vehicle (PV) market wane, with its share dropping below the 40% threshold in April 2025. Meanwhile, Mahindra & Mahindra (M&M) capitalized on robust SUV demand to leapfrog into the second position, marking a significant shift in the competitive landscape.

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Detailed Performance Metrics

According to the Federation of Automotive Dealers Associations (FADA), total PV retail sales in India modestly increased by 1.55% to 3,49,939 units in April 2025. Maruti Suzuki's sales slightly decreased to 1,38,021 units, reducing its market share to 39.44%. On the other hand, M&M showcased a remarkable performance with sales of 48,405 units, securing a 13.83% market share.

Yearly Comparisons and Trends

Over the fiscal year 2024-25, Maruti Suzuki maintained a 40.25% market share with 16,71,559 units sold, albeit a slight decrease from the previous year. M&M's annual sales surged to 5,12,626 units, highlighting its growing influence in the market. Hyundai Motor India Ltd (HMIL) and Tata Motors experienced shifts in their standings, with HMIL dropping to fourth place and Tata Motors holding steady in third.