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Auto sales in December 2025: Bajaj Auto sales rise 14% on exports boost
Auto sales in December 2025: Bajaj Auto's two-wheeler sales in India rose by a mere 3% year-on-year but exports jumped 24% in December 2025.
Auto sales in India continued to show benefits of a GST rate cut on cars and two-wheelers for the third straight month in December 2025, as customers flocked to dealerships to make the most of year-end discounts. According to Goldman Sachs, car sales continued to outpace two-wheeler sales last month, with 27% year-on-year growth as against 13% for motorcycles and scooters. Since the GST rate cut, auto sales are up by nearly a fifth across body types, but there may be some moderation in the January-March 2026 quarter....Read More
On 22 September, India cut GST rate on small cars (<1,500 cc and <4 m length) to 18% from 28% and SUVs to 40% from about 50% to spur consumption amid steep US tariffs. That spurred sales during the festive month of October with a spillover effect lasting until now.
Against that backdrop, here's a look at auto sales in December 2025. These are wholesale numbers—meaning, dispatches to dealerships from the factory floor—and not actual sales to customers, which is recorded as vehicle registration data on the government's VAHAN website.
Bajaj Auto sales rise 14% in December 2025
Total sales of Bajaj Auto Ltd. rose 14% year-on-year to 3,69,809 units in December 2025, according to an exchange filing on Friday (2 December 2025).
Auto sales in December 2025: Bajaj Auto
- India 2W sales up 3% YoY at 1,32,228 units
- 2W exports up 24% YoY at 1,78,125 units
- Total 2W sales up 14% YoY at 3,10,353 units
- India 3W sales up 9% YoY at 37,145 units
- India 3W exports up 32% YoY at 22,311 units
- Total 3W sales up 17% YoY at 59,456 units
Essentially, Bajaj Auto's sales received an exports boost last month, even as domestic demand was largely muted.
Tata Motors CV sales up 25% in December 2025
Total sales of Tata Motors Ltd. rose 25% year-on-year to 42,508 units in December 2025, according to an exchange filing on Thursday.
“The sales momentum ignited by GST 2.0 and the festive surge in Q2 FY26 continued into Q3 FY26, driving growth and overall sentiment of the commercial-vehicle industry,” Girish Wagh, chief executive officer at Tata Motors, said in the filing. “Going forward, we expect demand to strengthen in Q4 FY26 across most CV segments.”
On Thursday, Tata Motors shares rose 2.66% to ₹426.50 apiece on the BSE even as the benchmark Sensex ended the day 0.04% lower at 85,188.60 points.
Tata Motors PV sales up 14.1% in December 2025
Sales of Tata Motors Passenger Vehicles Ltd. rose 14.1% year-on-year to 50,519 units in December 2025, on sustained demand for cars in the aftermath of GST 2.0.
Auto sales in December 2025: Tata Motors PV
- Car sales up 14.1% YoY at 50,519 units
- EV sales up 24.2% YoY at 6,906 units
“December was another standout month as we continued our growth trajectory…,” Shailesh Chandra, chief executive officer at Tata Motors PV, said in an exchange filing on Thursday. “At the same time, our retail sales siginificantly exceeded wholesales, driving dealer inventory down to ~18 days…”
Auto sales in December 2025: Escorts Kubota
Tractor sales of Escorts Kubota Ltd. rose 38.5% year-on-year to 7,577 units in December 2025, as GST rate cut supported rural demand.
- India tractor sales rose 36.1% YoY to 6,828 units
- Tractor exports rose 64.3% YoY to 749 units
Supportive government policy, including lower GST rate on tractors and various state subsidies, enhanced affordability for farmers, Escorts said in an exchange filing. The tractor industry is also benefiting of a strong kharif output and enhanced rabi sowing.
Auto sales in December 2025: Eicher Motors' VECV
Total sales of VECV, the commercial-vehicle unit of Eicher Motors Ltd., rose by nearly a quarter in December 2025, according to an exchange filing on Thursday (1 January 2025).
- Total domestic sales up 26.3% YoY at 9,527 units
- Total exports up 32.7% YoY at 650 units
- Total Volvo sales down 28.4% YoY at 207 units
- Total VECV sales up 24.7% YoY at 10,384 units
VECV is a joint venture of Sweden's Volvo Group and Eicher Motors. It manufactures Eicher's trucks and buses and distributes Volvo trucks in India.
Mahindra tractor sales up 37% in December 2025
Tractor sales at Mahindra & Mahindra Ltd.'s farm equipment division rose by more than a third in December 2025 on the back robust rural demand after a healthy monsoon season.
Auto sales in December 2025: Mahindra Tractors
- Domestic sales up 37% YoY at 30,210 units
- Exports up 78% YoY at 1,649 units
- Total tractor sales up 39% YoY at 22,943 units
“The cash-flow availability in the market has improved, supported by favourable crop yields following the kharif harvest,” Veejay Nakra, president (farm equipment business) at Mahindra & Mahindra, said in an exchange filing on Thursday (1 January 2025).
“The conducive weather conditions and healthy reservoir levels have contributed to increase in rabi sowing acreage, which is expected to sustain tractor demand in the coming months.”
Mahindra SUV sales up 23% in December 2025
SUV sales of Mahindra & Mahindra Ltd. grew by nearly a quarter in December 2025, as outsized demand for oversized cars remained steady in the world's third largest car market.
- SUV sales up 22.98% YoY at 50,946 units
- CV sales up 33.03% YoY at 32,324 units
- Exports down 8.79% YoY at 2,820 units
“The calendar year 2025 ended on a positive note, with M&M clocking its highest ever volumes in both SUV and LCV segment — a significant milestone for the company,” Nalinikanth Gollangunta, chief executive of Mahindra's automotive division, said in a stock exchange filing on Thursday (1 January 2025).
