India June local car sales 85,091 units: SIAM

India June local car sales 85,091 units: SIAM

Indian automakers' car sales to dealers slid to an 18-month low in June, according to data from the Society of Indian Automobile Manufacturers (SIAM). The latest figures indicate a significant drop in demand, particularly in urban markets, where sales momentum has slowed.

In June 2025, car makers delivered 312,849 units to dealers, down from 337,757 units in June 2024. This decline reflects the weaker demand conditions, particularly in urban areas, where consumer confidence has been waning [1].

The overall market performance has been influenced by several factors, including economic uncertainties and changes in consumer preferences. The slowdown in urban sales is a notable concern, as these areas traditionally accounted for a significant portion of the market.

Investments in the automobile sector have been robust, with several companies announcing substantial plans to expand their manufacturing capabilities and invest in new technologies. However, the recent slowdown in sales underscores the need for these investments to align with evolving market conditions [1].

The Indian automobile industry has been experiencing significant growth, particularly in the electric vehicle (EV) segment. Despite this growth, the overall market has been impacted by the current economic climate, leading to a decrease in sales. The sector's resilience will be tested in the coming months as automakers continue to navigate these challenges.

The industry is also focusing on sustainability and innovation, with many companies investing in green mobility solutions. The long-term prospects for the Indian automobile industry remain positive, with a strong focus on technology and sustainability [1].

References:

[1] https://www.ibef.org/industry/india-automobiles