Passenger vehicles wholesales rise 2% in Feb 2025, two-wheeler sales drop 9% YoY: SIAM

Representational image of cars in a parking lot in Mysuru
| Photo Credit: M.A. Sriram

Passenger vehicles (PV) domestic wholesales in February 2025 increased 2% year on year (YoY) to 3,77,689 units as per data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday (March 13, 2025).

While three-wheeler wholesales at 57,788 units in February 2025 grew 4.7% YoY, two-wheeler wholesales at 13,84,605 units in February 2025 fell 9% from the same period last year.

Commenting on February 2025 performance, Rajesh Menon, director general, SIAM said, “Passenger vehicles segment remained resilient and posted its highest ever February sales in 2025 of 3.78 lakh units, with a growth of 1.9% as compared to February 2024.”

“Upcoming festivities of Holi and Ugadi in March are likely to continue to drive demand, thereby closing FY 2024-25 on a reasonably positive note,” he added.

SIAM reported a total production of 23,46,258 passenger vehicles, three-wheelers, two-wheelers, and quadricycles in February 2025.