Maruti, M&M Beat May Estimates With 35% and 20% YoY Sales Growth; Hyundai Lags
Maruti Suzuki posted 2.42 lakh units in May 2025 (+35% YoY), with domestic at 2 lakh (+35%) and exports at 41,914 (+34%). M&M hit 99,636 units (+20%), led by 58,021 PVs and a 89% jump in 3Ws to 12,536. Hyundai missed at 61,137 units (+4.1%), domestic 47,837 (+9.1%).
Maruti Suzuki and Mahindra beat May sales estimates with 35% and 20% YoY growth respectively, driven by passenger vehicles and tractors, while Hyundai missed forecasts at 61,137 units.