India’s passenger vehicle industry saw a mixed performance in November 2025. Demand cooled after the festive surge in October, leading to a month-on-month decline for every major manufacturer. Even so, yearly numbers stayed strong, with almost all brands posting healthy YoY growth. Maruti retained its clear lead, while Mahindra overtook Tata to regain second place. SUVs continued to dominate the market, and hybrid offerings pulled in steady traction for brands like Toyota. The top six manufacturers alone accounted for more than 360,000 units, showing that the industry remains on solid ground despite seasonal corrections.
| Company | Nov 2025 Sales | Nov 2024 Sales | YoY Growth | Oct 2025 Sales | MoM Growth |
|---|---|---|---|---|---|
| Maruti Suzuki | 1,55,317 | 1,30,600 | 19% | 2,43,173 | -36% |
| Mahindra | 54,005 | 45,000 | 20% | 71,057 | -24% |
| Tata | 51,672 | 42,234 | 22% | 75,686 | -32% |
| Hyundai | 49,295 | 45,165 | 9% | 67,021 | -26% |
| Toyota | 27,660 | 21,765 | 27% | 36,933 | -25% |
| Kia | 23,675 | 19,113 | 24% | 33,908 | -30% |
| Skoda | 5,491 | 2,886 | 90% | 8,252 | -33% |
| MG | 5,754 | 6,019 | -4% | 6,397 | -10% |
| Honda | 5,204 | 5,005 | 4% | 6,394 | -18% |
| Renault | 3,662 | 2,811 | 30% | 4,672 | -21% |
Maruti Suzuki: Strongest Performer, Clear Market Leader
Maruti Suzuki continued to lead the Indian market by a significant margin. The company reported 155,317 units, marking a 19% YoY rise, even though numbers dipped sharply from its record breaking 243,173 units in October 2025. The post festive drop was expected, as October’s volumes were inflated by demand driven by new GST cuts and seasonal buying. Even with the correction, Maruti’s core models in the small car and compact SUV space maintained strong traction. With multiple new launches planned for early 2026, Maruti remains positioned to carry forward its momentum.
Mahindra: Reclaims Second Place
Mahindra delivered 54,005 units, posting 20% YoY growth and comfortably moving past Tata Motors to regain the second spot. This shift came from strong demand across its SUV lineup, led by the Scorpio brand, followed by the Thar and XUV range. Month on month numbers dipped by 24%, which mirrored the segment’s overall post festive slowdown. Mahindra’s consistent run throughout 2025 highlights the continuing rise of SUV focused demand, as the company does not sell hatchbacks or sedans.
Tata: Slips To Third But Posts Healthy YoY Growth
Tata Motors reported 51,672 units, a 22% YoY increase, yet dropped to third place behind Mahindra. The month-on-month decline of 32% was one of the steepest among major manufacturers, influenced by a slowdown across both ICE and EV portfolios after October’s high. Tata still maintained a monthly figure above 50,000, showing sustained strength in its core models such as the Nexon, Punch and Harrier. Its EV range also supported overall performance, and the brand is expected to recover pace once updated models and new EVs roll out.
Hyundai: Fourth With Steady Gains
Hyundai held its fourth position with 49,295 units, registering a 9% YoY increase. The Creta, Venue, Exter and i20 continued to make up the bulk of Hyundai’s sales, with the Creta remaining a strong leader in its segment even in a cooling market. Sales declined by 26% MoM, in line with industry trends after the festive peak. Hyundai’s upcoming model updates in 2026 will likely add more weight as the segment grows even more competitive.
Toyota: Highest YoY Growth Among The Top Five
Toyota posted 27,660 units, achieving an impressive 27% YoY rise, the highest in the top five brands. However, MoM sales dropped by 25%, driven by seasonal cool off. Toyota’s hybrid heavy lineup continued to drive interest, led by the Innova Hycross and the Urban Cruiser Hyryder. The brand benefitted from these models as fuel efficiency remains an important factor for many buyers. Toyota’s upward trend throughout 2025 reflects its expanding hybrid portfolio and strong brand trust.
Kia: Crosses 20,000 Units Again With Double Digit Growth
Kia sold 23,675 units, rising 24% year on year. The brand saw a usual month-on-month dip after October. Kia’s competitive feature set and refreshed models helped it cross the 20,000 mark again. The Sonet remained Kia’s highest contributor, followed by the Carens lineup and the Seltos. Kia’s November performance reinforces its position in the competitive midsize and compact SUV space. Despite the slowdown, Kia continues to maintain a strong foothold across multiple price bands.
Skoda: Biggest YoY Gainer With 90% Surge
Skoda recorded 5,941 units, achieving a massive 90% YoY increase, the highest among all manufacturers. The Kylaq, Kushaq, and Kodiaq, along with the Slavia and the new Octavia RS, helped the company reach this milestone. Skoda also crossed the 500,000 sales mark in India, adding a symbolic achievement to its strong November. The brand recorded a 33% month-on-month decline, following the general market trend.
MG Motor: Stable Volumes With 32% YoY Rise
MG posted 5,754 units in November, slightly below last year’s figure with a year on year decline of 4%. Month-on-month sales too fell by about 10%. Its lineup, which includes the Hector, Astor, Gloster, Windsor, Comet and ZS EV, continued to deliver consistent demand from both ICE and EV buyers. The brand maintains a steady retail presence even as seasonal patterns moderate demand.
Honda: Mild YoY Growth But Sharp MoM Drop
Honda Cars India posted 5,204 units, which translated to a 4% YoY increase, but saw a 18% MoM drop from October. The Amaze lineup remained Honda’s top seller, followed by the City and the Elevate. The brand’s limited portfolio kept volumes modest, though its sedan led segments showed signs of stability through 2025.
Renault: Strong YoY Improvement But Seasonal Slowdown
Renault recorded 3,662 units, a 30% YoY improvement, driven by the Kiger and Triber. However, sales dropped by 21% MoM, which was expected as sales typically peak around festive retail cycles. Renault continues to rely heavily on its compact lineup, and future growth will depend on the upcoming Duster expected in 2026.
Closing Thoughts: A Stable Market Heading Into Year End
November 2025 showed the expected dip after a record festive season, yet yearly numbers remained strong across almost all major carmakers. SUVs continued to dominate, hybrids grew in appeal and mass market demand held firm. With December typically bringing year end deals and clearances, and January lined up with several new launches, the industry outlook remains optimistic as India moves into 2026.
