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PVs experience bumpy H1 ride; wholesales decline 6.4% in June to 320K units

In June, overall industry volumes dipped. According to industry estimates, wholesales fell 6.4 per cent to 320,000 units

In growth lane: Exports of passenger vehicles, 2-wheelers surge in 2024
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Hyundai Motor India posted a 7.7 per cent drop in dispatches in H1 2025 to 285,809 units. For June, the company recorded a sharp 12 per cent fall in dispatches to 44,024 units.

Anjali Singh Delhi
Domestic passenger vehicle (PV) dispatches in the first six months of calendar year 2025 were in the slow lane, with major players like Maruti Suzuki India (MSIL), Tata Motors, and Hyundai Motor India reporting a decline in volumes. Companies like Mahindra & Mahindra (M&M) and Škoda Auto India, however, bucked the trend, riding on the buzz created by new launches.
 
In June, overall industry volumes dipped. According to industry estimates, wholesales fell 6.4 per cent to 320,000 units. Retail registrations also declined by 4.4 per cent to 294,000 units during the month, industry insiders said.
 
MSIL, the country’s largest PV