Four-Wheeler Sales Report for November 2025: Strong YoY Growth Despite Post-Festive Dip
The Indian four-wheeler market delivered a solid performance in November 2025, proving once again that the country’s passenger vehicle (PV) segment continues to expand despite cyclical slowdowns. Although November’s sales were lower than the record-breaking figures of October 2025—powered by the festive season—the month still recorded strong double-digit year-on-year (YoY) growth. Robust consumer demand, sustained momentum in the SUV segment, stable financing conditions, and improved supply chains contributed to the overall industry performance.
November is traditionally a “cool-off” period following the high-volume festive month of October, but this year’s numbers show that underlying demand remains healthy. Manufacturers continued dispatching vehicles at a brisk pace, supported by a combination of attractive offers, stable macroeconomic indicators, and a broadening consumer shift toward feature-rich SUVs and compact vehicles.
Overall Industry Performance
The passenger vehicle industry recorded approximately 3.88 lakh units in total wholesales during November 2025. This figure represents a 20–22% YoY increase compared to November 2024, when the industry recorded roughly 3.2 lakh units. This demonstrates strong underlying demand and reflects the strengthening of India’s automotive ecosystem.
Despite being lower than October 2025—when wholesales had hit an all-time high of around 4.6–4.7 lakh units due to festive stocking—November’s four-wheeler volumes far exceeded typical non-festive months. This shows that the consumer appetite for passenger vehicles remains elevated, and the market has transitioned into a more stable growth trajectory.
Maruti Suzuki: The Undisputed Market Leader
Maruti Suzuki ended November 2025 at the top position with over 2.29 lakh total units sold, marking one of its strongest monthly performances. This includes domestic sales, OEM supply, and exports. The company recorded over 25% YoY growth, driven by strong demand for its compact cars, premium hatchbacks, and popular SUVs like the Brezza and Grand Vitara.
The company also benefited from improved export momentum. Maruti’s international shipments have been buoyed by sustained demand in Africa, Latin America, and select Asian markets. Its wide product portfolio and efficient distribution network ensured that the brand continued to dominate nearly half the Indian PV market.
Tata Motors: Riding High on Its SUV and EV Strength
Tata Motors continued its strong run in the passenger vehicle space with 59,199 units sold in November 2025, marking a YoY growth of over 25.6%. The company’s portfolio of SUVs—including the Nexon, Harrier, and Punch—remained the primary growth drivers.
A notable trend is Tata’s strengthening foothold in the electric vehicle (EV) segment. The firm’s EV sub-brand, TATA.ev, has seen consistent sales, aided by growing consumer preference for electric mobility and competitive pricing strategies. The company has been expanding its charging network and investing in battery technology, which continues to pay dividends in terms of market share expansion.
Mahindra & Mahindra: SUV Dominance Continues
Mahindra maintained its strong position in the SUV segment, reporting 56,336 units of domestic SUV sales in November 2025. This represented a YoY growth of around 22%, reflecting the continued popularity of the Scorpio-N, XUV700, Bolero Neo, and Thar.
Mahindra’s strategy of focusing primarily on rugged, high-demand SUVs continues to deliver remarkable results. The brand’s vehicles, characterized by their strong road presence and feature-rich interiors, have created a loyal consumer base. The company also saw increasing traction in its emerging electric SUV lineup, which is likely to further strengthen its long-term market position.
Hyundai: A Stable Second-Tier Performer
Hyundai Motor India recorded 66,840 units in November 2025, including domestic and export sales. While its YoY growth of around 9% was lower compared to rivals like Tata and Mahindra, the company maintained a stable performance. The Creta and Venue continued to be Hyundai’s top sellers, supported by steady demand for the i20 and the Verna.
Hyundai’s challenge remains heightened competition in the compact SUV space, where Indian and global players have intensified their presence. However, Hyundai’s strong brand value, dealership network, and product reliability ensure that it continues to maintain its position among India’s top automakers.
Other OEM Performers
Several other automobile manufacturers reported notable growth in November 2025:
Kia Motors
Kia’s sales remained strong, driven by the Seltos, Sonet, and Carens. The Seltos facelift and competitive pricing helped Kia maintain significant numbers in the mid-SUV segment.
Toyota Kirloskar Motor
Toyota saw steady demand, especially for the Innova Hycross, Fortuner, and Glanza. The company benefited from strong hybrid vehicle demand, with the Hycross performing exceptionally well in urban markets.
MG Motor India
MG delivered moderate growth, driven by models like the Hector and Astor. The MG ZS EV continued attracting EV buyers, supported by improvements in charging infrastructure.
Skoda & Volkswagen
The Skoda Kushaq and Slavia, along with Volkswagen’s Taigun and Virtus, kept the VW Group brand presence relevant, though overall numbers remained niche compared to mass-market competitors.
Market Trends Visible in November 2025
1. SUV Dominance
SUVs once again led market growth, now accounting for nearly half of all PV sales. Customers continue to prefer vehicles with higher ground clearance, better road presence, and enhanced features.
2. Rising EV Interest
The EV segment showed strong YoY growth, especially with Tata and MG leading the charge. Government incentives and rising environmental awareness contributed to this momentum.
3. Premiumisation of Demand
Consumers showed preference for higher variants loaded with features such as sunroofs, ADAS, larger touchscreens, and connected car tech. The shift toward premium models increased average selling prices (ASPs) for many OEMs.
4. Supply Chain Stability
Unlike the disruptions seen in 2021–2022, chip shortages were minimal in 2025. OEMs managed smoother production cycles, allowing for consistent vehicle dispatches.
Conclusion: A Strong Month with Clear Growth Signals
November 2025 reinforced the strength of India’s four-wheeler market. While sales did decline compared to the festive bumper month of October, the industry recorded impressive YoY growth. Maruti Suzuki dominated the charts, Tata Motors and Mahindra delivered robust SUV-led expansion, Hyundai maintained stable numbers, and the rest of the industry saw healthy, broad-based growth.
The overall data points to one conclusion: India’s automotive sector in 2025 is resilient, expanding, and more technologically advanced than ever before. With rising consumer confidence, expanding vehicle choices, growing adoption of EVs, and strong macroeconomic fundamentals, the PV industry is well-positioned to sustain growth in the coming months.
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