Automobile

Auto-tech firm says higher-margin retail and financing businesses are reshaping its profit profile

While white remains practical 'utility king'

India's two-wheeler industry is seen growing 6-9% in 2026, though a proposed ABS mandate for sub-125cc models could push up prices and temper volumes

India's two-wheeler industry is expected to grow 6-9% in 2026, aided by the GST cut, improved affordability and steady rural and urban demand, analysts said

Retail sales of vehicles across categories in India in 2025 grew by 7.71 per cent at 2,81,61,228 units as compared to 2,61,45,445 in 2024, with GST 2.0 helping overcome a subdued start to the year, Federation of Automobile Dealers Associations said on Tuesday. Passenger vehicle (PV) retail sales stood at 44,75,309 units in 2025 as against 40,79,532 units in 2024, a growth of 9.7 per cent, Federation of Automobile Dealers Associations (FADA) said in a statement. Similarly, two-wheeler (2W) sales also grew by 7.24 per cent at 2,02,95,650 units last year as compared to 1,89,24,815 units in 2024. In 2025, three-wheeler retail sales were at 13,09,953 units as compared to 12,21,886 units in 2024, up 7.21 per cent. Commercial vehicles (CV) retail also witnessed a growth of 6.71 per cent at 10,09,654 units in 2025 as against 9,46,190 units in 2024. Commenting on the performance, FADA President CS Vigneshwar said 2025 was a tale of two halves -- January to August remained subdued despite .

Based on VAHAN numbers for December, TVS has taken a substantial lead over its rival Bajaj Auto by grabbing more than a fourth of the total e2W market

Force Motors will continue to benefit from its niche positioning in the automotive OEM market, supported by steady launch of new products and variants, and rise in demand for LCVs.

India's automobile industry is set to post its highest-ever retail sales in 2025, supported by GST rationalisation, income tax relief, RBI rate cuts and improving rural demand after a good monsoon

For Bajaj the skew of sales in its home turf Maharashtra for e2wheelers is reflected in the fact that it accounts for a substantial 32 per cent of its total registrations in CY 2025

Systematix has set a target price of ₹192 for JTEKT India, valuing the stock at EV/Ebitda of 17.5 times on December 2027E, in line with its past five-year average multiple

The Supreme Court has admitted Fada's writ petition challenging the non-transition of accumulated GST compensation cess credits under GST 2.0, and issued notice to the Union government

Scheduled for launch in early 2026, the Gravite will be locally manufactured at Renault-Nissan's Chennai plant and is the first model under Nissan's refreshed India strategy

Lumax Auto is well positioned to benefit from both volume growth and premiumization trends across top OEMs, believe analysts

Kia India on Wednesday unveiled the all-new' Kia Seltos, marking the return of what it calls the benchmark-setter in the segment. The company said bookings will open nationwide from midnight on December 11, enabling customers to reserve the vehicle with an initial payment of Rs 25,000. Speaking at the unveiling, Gwanggu Lee, Managing Director & CEO of Kia India, said the new Seltos represents more than a generational upgrade. "The all-new Kia Seltos is more than a generation change; it's a statement of Kia's intent to redefine the segment. A category-defining SUV since its debut in India, the new Seltos pushes boundaries with bolder design, advanced safety, and segment-leading technology that reset benchmarks," he added. He further said that the model has been engineered to outperform and optimised for real-world Indian conditions, reflecting customer insights without compromising global standards. This, he said, demonstrates Kia's ambition "to lead, not follow." The company said

Ambit expects TMCV's revenue and Ebitda to grow at a CAGR of 6 per cent and 7 per cent over FY25-28, respectively, on the back of high-margin and non-core revenues

JM Financial has set a target price of ₹215 for Belrise Industries stock, valuing it at 25x FY28E P/E

SBI Securities expects Pricol's revenue, Ebitda, and PAT to grow at 31 per cent, 33 per cent, and 36 per cent CAGR, respectively, over FY25-27

On the BSE, the Tata Motors (TMCV) debuted at 330.25, a premium of 26 per cent from its earlier valuation of ₹261.9

Tata Motors demerger, aimed at unlocking value and sharpening operational focus, comes at a time when competition from peers like M&M, Ashok Leyland, and Force Motors is intensifying

Despite lower GST rates on most food items and medicines, many consumers report only partial or no price relief, highlighting gaps in implementation and last-mile enforcement, a recent survey said