Archive · 2 Jun 2025
Indian Auto Industry: Mixed Signals in April 2025
In April 2025, the Indian auto market showed a mix of ups and downs.
Overall vehicle sales increased, especially for two-wheelers, but commercial vehicles saw a drop.
Bajaj Auto anticipates its exports to improve soon, even though its total sales declined.
Mahindra & Mahindra expects strong growth in SUV sales and steady profits.
Both companies are keeping a close watch on costs and market changes, aiming for continued success in the coming months.
Mahindra & Mahindra also notes changes in urban demand, which they expect to strengthen in the next 3 to 6 months due to multiple factors.
India's vehicle retail sales increased 7.6% in April 2025, with two-wheeler sales up 11.84%.
Commercial vehicle sales declined 4.44% in April.
Bajaj Auto expects export growth to stabilize at 10-15% in the coming months, despite a 6% YoY decline in total sales in April 2025.
Mahindra & Mahindra projects mid-to-high teen growth for SUVs and high single-digit growth for tractors and LCVs.
Mahindra & Mahindra recorded a 28% growth in its SUV segment in April.
- Who
- Bajaj Auto and Mahindra & Mahindra
- What
- Vehicle sales and financial performance analyzed in India.
- When
- April 2025
- Where
- India
- Why
- To analyze vehicle sales and financial performance.
- India's Total Vehicle Sales (April 2025)
- 22.87 lakh units
- Bajaj Auto YoY Sales Decline (April 2025)
- 6%
- Mahindra & Mahindra SUV Growth (April)
- 28%
- Mahindra & Mahindra SUV Market Share
- 22% revenue market share
- Mahindra & Mahindra Tractor Market Share (FY25)
- 43.3%
