Passenger Vehicles

Hyundai plans to regain its No. 2 position in India by 2028-29 through Pune plant expansion, 26 new models and investments in electric vehicles and greater localisation

TransUnion CIBIL data shows average passenger-vehicle loan sizes rose 49 per cent between H1 2019 and H1 2026, while repayment tenures increased by five months to 62 months

The average passenger vehicle loan amount rose 49 per cent to Rs 8.2 lakh in the first half of 2026 from the corresponding period in 2019, while the average repayment tenure rose by five months to 62 months, suggesting rising car prices and consumer aspirations, a TransUnion CIBIL report said on Tuesday. According to the report, 'Shifting Gears 2026- Credit Drives Today's Mobility', premiumisation, driven by demand for SUVs and feature-rich cars, was extending beyond metropolitan cities, with 51 per cent of borrowers taking loans for higher-value cars in the January-June period coming from semi-urban and rural areas. NBFCs continued to lead vehicle financing, accounting for 73 per cent of two-wheeler loans and 37 per cent of passenger vehicle loans. The active passenger vehicle borrower base reached 2.5 crore as of June 2026, 1.7 times the June 2019 level. Delinquency in passenger vehicle loans, measured by balances overdue for more than 90 days, declined to 0.5 per cent from the ..

The expanded partnership will combine Tata Motors' vehicle technology with Stellantis' engineering capabilities to develop India-made vehicles for more than 50 global markets

The expanded partnership adds advanced technology and vehicle architecture collaboration to the companies' existing manufacturing relationship

Sales in price band remain flat between 2019 and 2025 even as overall PV market grows 54%; nine in 10 used cars sell for ₹10 lakh or less

Domestic passenger vehicle wholesales reached 463,081 units in September, with Maruti Suzuki reporting 36.9 per cent growth as small cars and CNG models gained momentum

Landmark Cars is adding a BYD facility in Noida and M&M showroom at Kolkata. These additions align with its long-term strategy to deepen engagement with existing OEM partners.

Commodity pressures were hurting margins and forcing faster cost cuts, says Shailesh Chandra

AI fleet-safety firm is testing its technology with Indian commercial vehicle makers for factory-level integration as it looks to expand beyond the US market

Domestic PV dispatches rose 36.5 per cent to 439,309 units, while exports declined to 68,230 units as automakers built supplies ahead of the festive season

Domestic passenger vehicle dispatches from companies to dealers rose 36.5 per cent year-on-year to 4,39,309 units in August, industry body SIAM said on Tuesday. Passenger vehicle dispatches were at 3,21,901 units in August 2025, Society of Indian Automobile Manufacturers (SIAM) said in a statement. Total two-wheeler sales increased 10.5 per cent to 20,34,698 units last month, as against 18,41,954 units in August last year, it added. Three-wheeler dispatches were up 22.8 per cent in the previous month at 93,764 units as against 76,324 units in the year-ago period, it added.

Passenger vehicles crossed 400,000 units in August for the first time, while CNG, hybrid and electric vehicles together overtook petrol in the PV fuel mix

Nexon enters market as Osprey, becoming Tata's fifth PV offering; India already supplies over half of South Africa's light-vehicle imports

He added that the industry was currently averaging around 450,000 units a month in terms of volume sales

Tata's registrations jumped 37.2 per cent to 494,370 vehicles, with non-EVs contributing about 70 per cent of incremental volumes even as EV sales surged 85.5 per cent

'Nothing's too far' becomes new brand promise as carmaker seeks sharper consumer identity following demerger; Tata.ev will continue for electric cars

Maharashtra sold the highest number of passenger and commercial vehicles in April-June in the current fiscal, while Uttar Pradesh topped in the two and three-wheeler categories, according to data by industry body SIAM. In April-June, 12.74 lakh units of passenger vehicles were sold in the country with the western zone leading the sales with 3.9 lakh units, Society of Indian Automobile Manufacturers (SIAM) said. Maharashtra recorded the highest passenger vehicle sales with 1,47,440 units in Q1 FY27, followed by Uttar Pradesh (1,35,329 units), Gujarat (98,785 units), Karnataka (98,315 units) and Tamil Nadu (96,327 units). In the commercial vehicles category 2.65 lakh units were sold in the country with the western zone again leading at 91,000 units. Maharashtra topped the list with 36,433 units in the quarter, followed by Tamil Nadu (24,743 units), Karnataka (21,830 units), Gujarat (21,778 units) and Uttar Pradesh (21,161 units). In the two-wheeler segment, 56.29 lakh units were so

Production and dealer stocking rise ahead of festivals, but high base and inventory risks loom over H2 growth

Third price increase this year comes amid rising input costs and sustained inflationary pressure