Hyundai Motor (HMIL) reported that its domestic sales fell 10% year-on-year to 43,973 units in July 2025. “While the overall auto industry has seen some softness in recent months, we remain optimistic with the onset of the festive season and are fully geared up with robust supply and exciting product offerings,” said the company’s COO Tarun Garg.
Tata Motors reported a 12% decline in PV dispatches to 39,521 units in July. The company’s EV sales, however, jumped 42% to 7,124 units.
Among the top four carmakers, Mahindra & Mahindra again reported a sharp increase in its SUV sales. Mahindra sold 49,871 utility vehicles in the domestic market, up 20% year-on-year. Kia India reported an 8% year-on-year increase in total sales to 22,135 units in July while Toyota Kirloskar Motor said its sales increased 3% year-on-year to 32,575 units in July.
While some industry experts believe that lower interest rates, declining inflation, a good monsoon and revised income tax slabs could boost demand in the coming months, persistent affordability concerns, especially in the hatchback segment among first-time buyers, continue to dampen car sales.
On the sales outlook, Banerjee noted that the upcoming festival season is expected to be positive with early indicators showing booking growth in Kerala. “The overall market environment is seen as favourable with good monsoon conditions and expectations of increase in MSP,” he added.
