- Federation of Automobile Dealers Association
- FADA
- CS Vigneshwar
- auto retail sales
- electric vehicles
- trucks
- bus
- passenger vehicles
- SUV
Auto Retail Declines 12.4% In December 2024, Outlook For FY2025 & CY2025 Remains Optimistic
- by MT Bureau
- January 07, 2025

The automotive retail sales in India saw a decline of 12.49 per cent in December, with 17,56,419 units registered, compared to 20,07,042 units last year, according to data released by the Federation of Automobile Dealers Associations (FADA).
In terms of segment-wise performance, two-wheeler sales came at 11,97,742 units, down 17.6 percent YoY, three-wheeler at 93,892 units, down 4.5 percent YoY, passenger vehicle sales at 2,93,465 units, down 1.9 percent YoY and commercial vehicles at 72,028 units, down 5.2 percent YoY. In contrast, tractor sales were in the green at 99,292 units, up 25.7 percent YoY.
The decline in sales for petrol-powered two-wheelers were attributed to low cash flow, poor market sentiment, supply challenges for popular models and growing shift towards electric vehicles.
FADA President C S Vigneshwar stated that despite heightened discounts and limited financing options failed to offset demand. In the passenger vehicle space, dealers were looking to offload the high inventory buildup following the festive season and aggressive discounting to clear stocks. But poor market sentiment, limited new model launches and intense price competition had impacted the PV segment.
Category | Dec '24 | Dec '23 | Change (in units) | Change (in %) | Nov '24 | Change (in %) |
YoY | YoY | MoM | ||||
Two-wheeler | 1,197,742 | 1,454,353 | -256,611 | -17.64% | 2,615,953 | -54.21% |
Three-wheeler | 93,892 | 98,384 | -4,492 | -4.57% | 108,337 | -13.33% |
E-Rickshaw (P) | 40,845 | 45,100 | -4,255 | -9.43% | 40,391 | 1.12% |
E-Rickshaw with Cart (G) | 5,826 | 3,692 | 2,134 | 57.80% | 5,423 | 7.43% |
Three-wheeler (Goods) | 9,122 | 9,546 | -424 | -4.44% | 10,940 | -16.62% |
Three-wheeler (Passenger) | 38,031 | 39,962 | -1,931 | -4.83% | 51,466 | -26.10% |
Three-wheeler (Personal) | 68 | 84 | -16 | -19.05% | 117 | -41.88% |
Passenger Vehicle | 293,465 | 299,351 | -5,886 | -1.97% | 321,943 | -8.85% |
Tractor | 99,292 | 78,944 | 20,348 | 25.78% | 80,519 | 23.31% |
Commercial Vehicle | 72,028 | 76,010 | -36,216 | -47.65% | 81,967 | -51.45% |
LCV | 39,794 | 42,814 | -38,152 | -89.11% | 47,530 | -90.19% |
MCV | 4,662 | 4,987 | 17,794 | 356.81% | 5,473 | 316.24% |
HCV | 22,781 | 23,904 | -19,113 | -79.96% | 24,441 | -80.40% |
Others | 4,791 | 4,305 | 486 | 11.29% | 4,523 | 5.93% |
Total | 1,756,419 | 2,007,042 | -250,623 | -12.49% | 3,208,719 | -45.26% |
For the commercial vehicle segment, the slowdown was attributed to low market sentiment, delayed government fund releases and slow financing approvals. Barring tippers, LCV degrowth and unseasonal rains further added to retail slowdown.
For CY2024, the auto retail sales grew 9.1 percent YoY at 2,61,07,679 units as against 2,39,28,293 units sold last year. This includes two-wheelers growing by 10.7 percent YoY, three-wheelers at 10.4 percent YoY, passenger vehicles at 5.1 percent, tractor at 2.5 percent and commercial vehicles reporting flat growth respectively.
“Despite multiple headwinds in CY24 – including heatwaves, elections at both central and state levels and uneven monsoons – the auto retail industry remained resilient, closing the year with a 9% YoY growth. Notably, three-wheeler, passenger vehicle and tractor segments touched new all-time highs and two-wheeler barely missed surpassing its CY18 peak. CV is also yet to reach its CY18 peak, a year which saw the introduction of axle load norms,” said Vigneshwar.
Outlook remains positive
The auto dealer body expects that the coming months will see stable growth two-wheeler, commercial vehicles and passenger vehicles to remain in the green.
The confidence stems on the back of improvement in rural liquidity, evolving government policies, new product launches, infrastructure investments, stable credit availability to support the growth.
FADA stated that it remains optimistic on market recovery, coupled with strategic OEM support and policy-level clarity, that will enable retail sales to end CY2025 on a robust note.
- Hyundai Motor Company
- Seoul Mobility Show 2025
- Hyundai Ioniq 6
- Hyundai Ioniq 6 N-Line
- Simon Loasby
- Hyundai Nexo
Hyundai Motor Company Showcases IONIQ6 And Nexon FCEV At Seoul Mobility Show 2025
- by MT Bureau
- April 03, 2025

Hyundai Motor Company, one of the leading passenger vehicle manufacturers globally, has redesigned the IONIQ 6 and the all-new NEXO fuel cell electric vehicle (FCEV) at the Seoul Mobility Show 2025.
Building upon the success of the original IONIQ 6 launched in 2022, the refreshed model features a more refined aesthetic and improved proportions, embodying the design philosophy of ‘Pure Flow, Refined.’
Senior Vice-President Simon Loasby noted that the lineup each expresses a distinct character while adhering to a cohesive vision. Key exterior updates include an elevated hood, sharper curves, and the removal of the prominent rear spoiler in favour of a more integrated ducktail design to enhance aerodynamics. The vehicle now sports updated front and rear lighting with slim DRLs and modern chrome accents, while the economic body flow reflects its streamlined nature.
On the Inside, the IONIQ 6 offers the ‘Mindful Cocoon’ experience, prioritising user comfort with new steering wheels, premium materials and enhanced functionality, including an enlarged climate control display.
In tandem, Hyundai presented the IONIQ 6 N Line variant, which inherits aggressive design elements from the RN22e Rolling Lab. The N Line features bold, wing-shaped bumpers and extensive use of black accents for a sportier profile. The announcement teased the upcoming release of the IONIQ 6 N, a high-performance variant set to debut in July 2025.
NEXO
The all-new NEXO represents Hyundai's commitment to redefining hydrogen electric vehicles. With an anticipated range exceeding 700 km from a five-minute refuelling, the second-generation NEXO is said to underscore Hyundai's expertise in fuel cell technology cultivated over 27 years. This new model embraces the 'Art of Steel' design language, reflecting strength and form through bold lines and a sturdy architecture, while ‘HTWO’ lamps solidify its identity as an FCEV.
Aerodynamically optimised and sporting a spacious interior, the NEXO offers advanced comfort with features like Premium Relaxation Seats, a roomy cabin with improved cargo capacity of up to 993 litres, and sustainable materials throughout. The vehicle's design marries modern aesthetics with practical usability, such as smart storage solutions and digital displays.
Performance-wise, the NEXO's powertrain advancements boost the power output to 190 kW from a previous 135 kW, facilitating a quicker 0-100 kmph time of 7.8 seconds. The FCEV's fuel efficiency has also improved thanks to an increase in hydrogen tank capacity to 6.69 kg, coupled with innovative aerodynamic enhancements for better efficiency.
Hyundai has integrated host of tech like intuitive navigation enhancements and advanced driver assistance systems (ADAS), ensuring high safety standards. NEXO aims for top-tier safety ratings, featuring multiple airbags and an ultra-rigid structure to protect occupants and the hydrogen tank.
Scheduled for global release later this year, the new NEXO signifies Hyundai's leadership in hydrogen as they continue to innovate and strengthen their offerings within the clean mobility spectrum.
- Maruti Suzuki India
- WagonR
- Partho Banerjee
Maruti WagonR Continues To Be India’s Best Selling Car For 4th Year In A Row
- by MT Bureau
- April 02, 2025

Maruti Suzuki India, the country’s largest carmaker, has attained another milestone with its WagonR hatchback continuing to be the best-selling passenger vehicle for the fourth year in a row.
With 198,451 units sold in FY2025, the WagonR alone consisted 11 percent of the total passenger vehicle sales for Maruti Suzuki India. Till date, the WagonR has gone home to over 3.37 million customers.
Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India, said, “WagonR’s sustained leadership in the Indian automotive market underscores strong customer trust and an unmatched value proposition over 25 years. Our focus on innovation and customer-centricity has ensured that the WagonR remains a top choice for Indian families. In fact, 1 in every 4 WagonR customers returns to repurchase India’s highest-selling car, a reflection of its widespread appeal and the confidence our customers place in the brand.”
“Hatchbacks are an integral pillar of India's automobile industry. The WagonR's consistent leadership, securing its position as the highest-selling vehicle for four consecutive years, underscores the significance of this segment in driving long-term industry growth. Looking ahead, this segment will continue to be a cornerstone in spreading the joy of mobility to every Indian household," he added.
The WagonR is available with K-Series Dual Jet, Dual VVT engine in 1.2-litre and 1.0-litre engine options in both manual and Auto Gear Shift (AGS) transmissions.
With a wide range of powertrain and variant options, the WagonR continues to offer a unique appeal in its segment, giving customers greater choice to suit their requirements perfectly. With cumulative sales exceeding 33,73,884 units, WagonR has been the go-to choice for those seeking the joy of mobility.
Maruti Suzuki India Achieves Record-Breaking Sales In FY 2024-25
- Hyundai Motor India
- Wire to Wireless Adapter
- Hyundai Alcazar
- Apple CarPlay
- Android Auto
- Tarun Garg
Hyundai Motor India Introduces Wireless Adapter For Hyundai Alcazar To Support Apple CarPlay And Android Auto
- by MT Bureau
- April 02, 2025

Hyundai Motor India (HMIL), a leading passenger vehicle manufacturer, has introduced a new ‘Wired to Wireless Adapter’ for the Hyundai Alcazar SUV.
The adapter will enable seamless wireless Apple CarPlay and Android Auto access for Alcazar (Prestige, Platinum and Signature variant) customers, which will allow them to effortlessly use their phone applications on the infotainment system without using a cable.
Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India, said, "At Hyundai Motor India, our focus is to empower customers by providing best-in-class technology that elevates their driving experience. The introduction of our ‘Wired to Wireless Adapter’ is a significant step in meeting the expectations of today’s tech-savvy customers, who expect seamless connectivity throughout their journeys. We believe this innovation will enhance the in-car entertainment experience of our customers."
- Honda Cars India
- Kunal Behl
- Honda Elevate SUV
- Honda Amaze sedan
- Honda City sedan
Honda Cars India Exports Counters Domestic Sales Slowdown In FY2025
- by MT Bureau
- April 02, 2025

Honda Cars India (HCIL), a leading manufacturer of premium cars in India, has announced its wholesales for FY2025.
The company sold a total of 126,151 units, a marginal growth of 1.59 percent YoY, as compared to 124,173 units sold in FY 2024.
Of this, domestic sales came at 65,925 units, down 23.8 percent YoY, while exports at 60,226 units, grew by 60 percent YoY.
At present, the company’s product portfolio for India includes the Honda Amaze sedan, Honda Elevate SUV and Honda City sedan. The company’s sales performance can be attributed to the fact that, Honda Cars India currently lacks a wider SUV portfolio, which has been primarily the sales driver for most automakers in the country.
Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “HCIL sales performance in FY2024-25 has been in line with the ongoing tough business environment. While on domestic front, the industry faced challenges in creating fresh demand from the market which was also reflected in HCIL domestic sales, we recorded our highest ever export volumes led by strong export business of Elevate to Japan. The recent launch of all-new Amaze has been well received from the market strengthening our position in the family sedan segment.”
“While demand creation may still present challenge in the new fiscal year, we remain optimistic and believe our commitment to customer satisfaction will enable us to navigate the market effectively and continue driving positive results," he added.
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