Auto sales steady in May: Two-wheelers, passenger cars lead growth; three-wheeler demand softens
Vehicle segments demonstrated steady performance in May 2025, as indicated in a recent analysis from the Society of Indian Automobile Manufacturers, quoted by ANI.
The combined domestic sales figures for passenger vehicles, three-Wheelers, two-wheelers, and quadricycles reached 20,12,969 units in May 2025.
The strongest performance was observed in two-wheeler and passenger vehicle categories. However, three-wheelers and quadricycles experienced a downturn in their numbers.
The report highlighted that two-wheeler category, including scooters, motorcycles, and mopeds, showed an increase of 2.2 per cent in May 2025 when compared to the previous year's figures.
Within two-wheelers, scooter sales grew by 7.1 per cent domestically, whilst motorcycle sales remained unchanged, and moped sales decreased by approximately 8 per cent.
Meanwhile, three-wheelers showed a reduction of 3.3 per cent when assessed month-on-month.
The three-wheeler sector's production increased by 10.6 per cent to 164,158 units during the cumulative period, with exports rising by 29.6 per cent to 58,608 units, despite domestic sales falling by 2.0 per cent. The sector outlook remains optimistic, influenced by recent RBI repo rate reductions and predictions of abundant monsoons, which should enhance affordability and buyer confidence in subsequent months.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Buy Brass Idols - Handmade Brass Statues for Home & Gifting
Luxeartisanship
Buy Now
Undo
"Going forward, the RBI's three repo rate cuts totaling 100 basis points in less than six months, along with a forecast of above-normal monsoons are some of the indicators which should positively impact the Auto sector by improving affordability and boosting consumer sentiment in the coming months," said Rajesh Menon, Director General, SIAM, commenting on May-2025 performance.
The passenger vehicle category saw significant contributions from
Maruti Suzuki
India Ltd. and Hyundai Motor India Ltd.
In the Utility Vehicles category, Mahindra & Mahindra Ltd. achieved sales of 84,226 units, while Maruti Suzuki India Ltd. recorded 110,757 units for April-May 2025-26.
Stay informed with the latest
business
news, updates on
bank holidays
and
public holidays
.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
4 minutes ago
- Business Standard
Best of BS Opinion: Short circuits and sharp jolts in India's policy wiring
It starts innocently enough. A flickering tube light, a fan that won't start. You figure it's just a loose connection. So you open up the old switchboard, twist a couple of wires, maybe even feel a little proud of your DIY bravado. But then. Zap!! You're on the floor, your fingers tingling, your trust in household electricity forever shaken. That's the thing about systems we think we understand: the shock only comes once you dare to touch them. That is what it feels like today, institutions try to tinker, patch, or redirect the current, but instead of a quiet fix, they get a dangerous surge of resistance, unintended consequences, or just plain misjudgment. Let's dive in. Take the India-US trade talks. After months of cautious optimism, the government's effort to rewire its trade dynamics short-circuited spectacularly, as noted in our first editorial. President Trump slammed Indian exports with a 25 per cent tariff and penalties, using oil imports from Russia as a pretext. What began as a negotiation to avoid escalation, is threatening to end with sparks flying, and not the celebratory kind. Meanwhile, as the government readies the 8th Central Pay Commission, it's facing its own overload. Our second editorial highlights how public sector wage tweaks, meant to keep the grid stable, are burdened by a swelling wage bill and outdated structures. The CPC needs to avoid another power trip and focus on long-term circuitry: merit-based raises, fiscal sustainability, and detangling overqualification traps in the labour market. In a column by Pranjul Bhandari, the power drain is in India's credit system. Despite the RBI flipping every switch with rate cuts, and liquidity infusions, the demand isn't flowing. The current has shifted from supply-side shortages to structural kinks: informal sectors are lighting up, formal sectors dimming, and banks are left with plenty of volts but no takers. And in a piece by Shishir Gupta and Aalhya Sabharwal, the disconnect is painfully visible in the female workforce. India's low female labour force participation rate isn't just about norms — it's also about bad wiring: rigid labour laws, poor education, and a demand-side system that fails to create jobs where women can thrive. Unlike Bangladesh's high-voltage garment sector, India hasn't even plugged into the right socket. Finally, Kanika Datta's review of The CIA Book Club: The Best-Kept Secret of the Cold War by Charlie English, offers the rare case where flicking the intellectual switch worked. Smuggling books like Animal Farm into Soviet zones turned out to be a quiet but powerful rebellion. Sometimes, you don't need brute electricity, just a spark of an idea.
Time of India
8 minutes ago
- Time of India
Trump says US will set 15% tariff on South Korean imports under new deal
President Donald Trump said on Wednesday the U.S. will charge a 15% tariff on imports from South Korea as part of a deal that eases, for now, tension with a top-10 trading partner and key Asian ally. The arrangement, announced shortly after Trump met with Korean officials at the White House, came during a blizzard of trade policy announcements ahead of a self-imposed August 1 deadline. Explore courses from Top Institutes in Please select course: Select a Course Category Cybersecurity PGDM Product Management Operations Management Technology others Leadership Artificial Intelligence healthcare Finance Project Management Data Science Design Thinking Others Healthcare MBA Digital Marketing MCA CXO Public Policy Management Data Science Data Analytics Degree Skills you'll gain: Duration: 10 Months MIT xPRO CERT-MIT xPRO PGC in Cybersecurity Starts on undefined Get Details That is when Trump has promised higher tariffs will kick in on U.S. imports from a range of countries. Imports from South Korea, a powerhouse exporter of computer chips, cars and steel, faced a 25% rate. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo "I am pleased to announce that the United States of America has agreed to a Full and Complete Trade Deal with the Republic of Korea," Trump wrote on Truth Social. The negotiations were an early test for South Korean President Lee Jae Myung, who took office in June after a snap election. He said the deal had eliminated uncertainty in the export environment and set U.S. tariffs lower than or at the same level as major competitors. Live Events "We have crossed a big hurdle," Lee said in a post on Facebook. Trump said Lee would visit the White House "within the next two weeks" for his first meeting with the U.S. president. Trump said South Korea had agreed to invest $350 billion in the United States in projects selected by Trump and to purchase $100 billion of liquefied natural gas and other energy products, the U.S. president said. Both steps have been major priorities for Trump, a Republican, in other trade deals. Of the $350 billion investment fund, $150 billion was aimed at a shipbuilding partnership while $200 billion would include funds for chips, nuclear power, batteries, and biologics, Kim Yong-beom, policy chief from the South Korean presidential office , told a briefing. Kim said some existing investment plans by South Korean companies would be part of the fund, and that they had ensured there would be safeguards over how the funds were used. Reuters has not seen the text of the deal or analyzed its terms. It was not immediately clear how the investment deals would be structured, where the financing would come from, over what time frame they would be implemented and to what extent their terms would be binding on the parties involved. Trump said additional South Korean investments would be announced later. Trump also said South Korea would accept American products, including cars, trucks and agriculture into its markets and impose no import duties on them. U.S. Commerce Secretary Howard Lutnick said on X that the South Korean energy purchases would take place "over the next 3.5 years." The U.S. tariff rate on South Korean autos would be set at 15% and their semiconductor and pharmaceutical exports would not be treated more harshly than those from other countries, he added. Steel, aluminum, and copper were not covered by the new deal and U.S. tariff rates on those goods would remain unchanged. Despite claims by Trump and U.S. officials that non-tariff barriers on agriculture would be eliminated, Kim said that South Korea's rice and beef markets would not be open. South Korean Finance Minister Koo Yun-cheol, Industry Minister Kim Jung-kwan and Minister for Trade Yeo Han-koo had been in Washington for talks with senior U.S. officials and were believed to have met with Trump shortly before the deal announcement. Pressure had been mounting on South Korea since Japan clinched a deal to cut Trump's threatened tariffs to 15% earlier this month. Amid the last-minute push by government officials to reach a tariff deal, South Korea's Samsung Electronics inked a $16.5 billion chip deal with Tesla. South Korean battery maker LG Energy Solution also signed a $4.3 billion deal to supply Tesla with energy storage system batteries, a person familiar with the matter told Reuters.
Time of India
8 minutes ago
- Time of India
"Temporary negotiation tactic": Economics expert Sansanwal on Trump's 25 per cent tariff on India
The 25 per cent tariff and additional penalties imposed by US President Donald Trump on India should be viewed as a temporary negotiating tool rather than a permanent shift in trade relations, according to Gaurav Sansanwal , Fellow for the Chair on India and Emerging Asia Economics at the Centre for Strategic and International Studies (CSIS). Speaking to on Wednesday (local time), Sansanwal said the tariff impacts several key sectors of the Indian economy, including electronics, pharmaceuticals, refined petroleum products, and gems and jewellery--areas where India maintains a substantial trade surplus with the United States. Explore courses from Top Institutes in Please select course: Select a Course Category Data Analytics Digital Marketing Project Management Product Management Others Healthcare MCA others healthcare Operations Management Leadership Data Science Data Science Cybersecurity Technology PGDM CXO Public Policy Artificial Intelligence MBA Finance Management Design Thinking Degree Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details "This impacts a broad spectrum of sectors, starting from electronics to pharma to refined petroleum products to gems and jewellery, and those are important for India because India has a huge trade surplus with the US, so this is an irritant, but it is not permanent. This is a temporary negotiation tactic being used in a bilateral relationship, as far as we can assess. Therefore, this is not the final word on it, " he stated. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo He added that New Delhi is likely monitoring the situation closely and working toward a resolution that serves its economic interests. "New Delhi would be watching this closely; they would also be working to try to negotiate a deal that makes this better from the Indian perspective as well," he added. Live Events Sansanwal's remarks come as President Trump announced a 25 per cent tariff, plus a penalty on India, effective August 1, citing trade imbalances and India's continued energy ties with Russia. Commenting on Trump's criticism of India's relationship with Russia, Sansanwal said Washington's use of the Russia card in trade talks is a strategic move aimed at gaining leverage, not a reflection of a fundamental misunderstanding. "India always had a different relationship with Russia, which has always been acknowledged. The US acknowledges the fact that India's relationship with Russia is different. But given that it wants to exercise more leverage over India in trade talks, it is using that as one of the items through which it can justify or add more colour to what it is trying to do," he explained. Sansanwal also noted that the Biden administration had similarly recognised the unique nature of India-Russia ties, suggesting that this awareness continues despite Trump's more aggressive rhetoric. "India has been clear from the beginning, and the US, right from the Biden administration, has acknowledged that India's relationship with Russia is different," he added.
