Strong festive sales lift sentiment, but a high base, uneven rural recovery and widening gap between premium and entry-level models may weigh on two-wheeler growth in H2 FY27
Non-metro urban markets added 389,401 registrations in January-October, outpacing metros and rural India in absolute growth despite a sharper decline in October
Honda outsold Hero MotoCorp for the fourth consecutive month in October, narrowing the gap in calendar-year sales as scooter demand and changing market dynamics intensify competition
Overall vehicle retail fell to about 3.17 million units as Diwali shifted to November this year, while electric vehicle sales rose 45 per cent to a record 355,000 units
Dealers expect healthy Dhanteras sales on November 6, with demand holding up across two-wheelers, passenger and commercial vehicles. Supply constraints, however, may limit electric vehicle deliveries
Two-wheeler retail sales fell 28.35% and passenger vehicle registrations declined 4.23%, while electric vehicle sales hit a record of around 355,000 units, Fada data showed
Passenger vehicle inventory stood at 43-45 days despite record wholesale dispatches, FADA said, while expressing hope that strong festive-season retail sales would help reduce stock levels
Chandrasekaran sees scope for component sourcing and taking Tata products overseas as the combined Tata Motors-Iveco group targets higher volumes, revenue and margins over five years
Domestic passenger vehicle wholesales rose to 528,384 units in October, supported by festive demand, GST cuts, income-tax relief and comparatively lower interest rates
The milestone was driven by record domestic sales of 62,799 units, a 16.7 per cent rise, and exports grew 21.1 per cent to 19,500 units, the automaker said
The company is currently operating at a monthly capacity of 60k-65k units as EV penetration rises to over 20% in the scooter segment, prompting rivals Bajaj Auto and Ather Energy to expand production