SUV demand drives passenger vehicle sales over 4.5 million units in 2025

businesstoday.in

Passenger vehicle sales in 2025 surpassed 4.5 million units, a 5% increase from the previous year, driven by SUV demand. SUVs' market share grew to 55.8% in 2025 from 53.8% in 2024. Maruti Suzuki reported record sales and a significant increase in its SUV market share. The Goods and Services Tax reform and a rebound in small car sales contributed to the growth, with Maruti Suzuki expecting continued positive trends in 2026.


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SUV demand drives passenger vehicle sales over 4.5 million units in 2025 | News Minimalist