Top car makers see sales slide YoY in August

Top passenger car companies witnessed reduced sales in August 2025 possibly due to buyers deferring purchase decisions to pay lower goods and services tax (GST) as and when it is applicable. The Prime Minister had on August 15, announced the rationalisation of GST, which has led to a wait-and-watch situation. 

Market leader Maruti Suzuki India Ltd. reported a more than 7% fall in domestic sales at 1,44,145 units from 1,55,779 units sold in August 2024. Exports were up at 36,538 units as compared with 26,003 units a year ago.

Hyundai Motor India Ltd. reported a more than 11% fall in domestic sales at 44,001 units as compared with 49,525 units a year ago. However, the company regained its number two position in wholesale despite reporting comparatively lower numbers. In August, Hyundai exported 16,500 units as compared with 13,650 units in the same period last year.

Tata Motors also saw its domestic passenger car wholesales, including those of EVs, sliding 7% to 41,001 units as compared with 44,142 units sold a year ago, while Mahindra & Mahindra reported a 9% degrowth in domestic sales of utility vehicles at 39,399 units as compared with 43,277 units a year earlier.

Honda Cars India sold 3,850 units in the domestic market in August as compared with 5,326 units sold in the same period last year, a massive 28% fall. Its exports also reduced to 2,924 units from 5,817 units a year ago.
Surprisingly, Toyota Kirloskar Motor Ltd. sold 11% more vehicles at 34,236 units as compared with 30,879 units in the same period last year.

Similarly, JSW MG Motor India sold 6,578 units, up 52% year on year (YoY) led by EVs Windsor and Comet.