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SIAM: 3.49 Lakh Passenger Vehicles Sold in April 2025

In April 2025, the Society of Indian Automobile Manufacturers (SIAM) reported a significant increase in passenger vehicle sales, reaching 3.49 lakh units, marking a 39% rise compared to the previous year. This growth was attributed to strong demand for utility vehicles and new model launches. Conversely, the two-wheeler segment experienced a decline, with sales dropping to 12.4 lakh units, a decrease of 16% from the previous year, primarily due to reduced demand for entry-level models and increased competition from electric vehicles. Additionally, three-wheeler sales saw a modest increase of 7%, totaling 52,000 units, reflecting a steady but slow recovery in the commercial vehicle sector.

Read the Full RepublicWorld Article at:
[ https://www.republicworld.com/business/siam-349-lakh-passenger-vehicles-sold-in-april-2025-up-39-while-two-wheelers-fall-167 ]