Passenger Vehicles

Mahindra's newly launched XEV 9S and XUV 7XO SUVs drew strong initial demand, with nearly 94,000 bookings on the first day, translating into orders worth over Rs 20,500 crore

Diesel share in total sales declined in 2025, absolute volumes intact: Jato

Auto sector saw record annual retail volume at 2.82 mn units

The momentum was not limited to retail-focused segments, the brokerage noted. The medium and heavy commercial vehicle (MHCV) industry showed clear signs of revival after a prolonged 15-month downturn.

Tata Motors Passenger Vehicles Ltd on Thursday reported a 14.1 per cent growth in total sales to 50,519 units in December 2025 compared to 44,289 units in the same month of 2024. Domestic passenger vehicle sales were at 50,046 units last month against 44,230 units in December 2024, up 13.1 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing. The total electric vehicle sales surged 24.2 per cent to 6,906 units against 5,562 units in December 2024, it added. The total sales in the domestic and international market for Q3 FY26 stood at 1,71,013 units compared to 1,39,829 units during Q3 FY25, the company said. "CY25 saw steady progress for the PV industry, powered by a growing preference for SUVs and accelerating adoption of cleaner, emission-friendly powertrains. "For Tata Motors, it was the fifth consecutive year of record-breaking annual sales, with 587,218 units sold, including the highest-ever EV volumes of 81,125 units in a calendar year," Tata Motors Passe

Tata Motors said that the growth momentum expected to continue through H2 across segments, while, the GST cut boosted consumption and utilisation, supporting MHCV cargo volume growth

Sector optimistic that 'supportive policy reforms' will continue, says group

Besides GST benefits, the jump was aided by the marriage season, better supply of high-waiting models, and sustained push from compact sport utility vehicles

Banerjee said that the wholesales in December are also expected to be good as the production team is working overtime to satisfy the high demand

Strong order books keep automakers driving past slowdown fears

In their assessment, Nomura analysts said the Sierra's modern, feature-rich positioning and aggressive pricing strategy could meaningfully lift Tata Motors' volume trajectory in FY26-28.

Throw tax rates, complex regulations and shifting demand into the mix, and things start to get complicated for automakers

Domestic passenger vehicle volumes are likely to grow by around 5 per cent this fiscal, with double-digit growth anticipated in the second half as pent-up demand remains robust even after the festive season, according to Tata Motors Passenger Vehicles MD and CEO Shailesh Chandra. The April-September period this fiscal witnessed a 1.6 per cent year-on-year decline, and it was only the festive period that passenger vehicle sales rebounded in the domestic market. The sales volume in the October-March period should grow in double digits, Chanda said during an analyst call. He noted that the industry witnessed a growth of 5 per cent and 17 per cent in September and October, respectively, due to festive demand. The pent-up demand still continues to overflow in November and December, and both months should be strong in business terms, he added. "So, overall, in the financial year, because the first half had seen a decline of 1.6 per cent before the festive period, it should be in the zon

Tata Motors Passenger Vehicles slipped almost 5 per cent after a sharp drop in Jaguar Land Rover volumes and a cut in the luxury unit's margin outlook

On the bourses, Tata Motors PV shares bled, with the stock dropping up to 7.26 per cent to hit an intraday low of ₹363.15 per share.

SIAM data shows strong festive demand and GST rationalisation pushed India's PV wholesales up 17.2 per cent in October, with UVs, small cars and two-wheelers also recording robust year-on-year growth

As TMPV begins its independent journey, analysts caution that several structural risks - from slower EV adoption to JLR's global dependence - could weigh on its growth trajectory.

Tata Motors Q2 preview: Key factors to watch will be JLR and India CV demand and margin outlook, analysts at Nuvama said.

India's automotive sector recorded 30 transactions valued at USD 4.6 billion in September quarter, its strongest in over a year, boosted by Tata Motors' USD 3.8 billion acquisition of Iveco S.P.A., Grant Thornton Bharat said on Wednesday. Excluding the Tata Motors-Iveco deal, values dipped 36 per cent over the June quarter, signalling that large strategic bets continue to define overall deal momentum, as per Grant Thornton Bharat Q3 2025 Automotive Dealtracker. While deal volumes remained consistent with the previous quarter, values surged sharply, largely driven by Tata Motors' USD 3.8 billion acquisition of Iveco S.P.A., marking one of India's largest outbound automotive transactions to date, it added. "The quarter's strong M&A and PE activity reflects India's growing global ambition in commercial mobility and a clear shift toward scalable, tech-enabled platforms," Grant Thornton Bharat Partner and Automotive Industry Leader, Saket Mehra said. As policy tailwinds and festive ...

Maruti, Tata, and Hyundai post record festive sales growth between 15% and 35% as GST 2.0 reforms, repo rate relief, and strong consumer sentiment boost demand