Domestic passenger vehicle sales dropped 7.3% in August to 330,000 units as buyers and automakers awaited GST Council reforms, with Maruti Suzuki and M&M reporting weaker volumes
Tata Motors on Monday said its total wholesales rose 2 per cent year-on-year to 73,178 units last month as compared with 71,693 units in August 2024. The company's total domestic dispatches, however, declined 2 per cent year on year to 68,482 units last month as against 70,006 units in August last year, the auto major said in a statement. Total passenger vehicle dispatches of the company in the domestic market declined 7 per cent to 41,001 units last month from 44,142 units in August 2024. Total domestic commercial vehicle sales stood at 27,481 units last month, an increase of 6 per cent as compared to 25,864 units in August last year. Shares of the company were trading 3.09 per cent up at Rs 689.45 apiece on BSE.
In the past one month, the Nifty Auto index has outperformed the market by soaring 9.5 per cent, as against 0.18 per cent gain in Nifty 50.
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Festival offers are already running with benefits between ₹1.5 lakh and ₹2 lakh on some models
Says that battery localisation remains a challenge
Move likely to benefit smaller cars which have been under pressure
During his Independence Day address on August 15, 2025, Prime Minister Narendra Modi announced a potential rationalisation (reduction) of GST rates before Diwali 2025
Tata Motors on Wednesday said it has forayed into the Dominican Republic market through a strategic partnership with Equimax, its authorised distributor. The launch marks a significant milestone in the company's global expansion strategy and introduces a tailored portfolio of commercial vehicles designed to meet the evolving needs of the region's logistics, infrastructure, and last-mile delivery sectors, the Mumbai-based auto major said in a statement. "The Dominican Republic presents a high-potential market aligned with Tata Motors' commercial vehicles' global growth ambitions. With its growing economy and infrastructure, our advanced commercial vehicle solutions are well-positioned to support national development goals," Tata Motors Commercial Vehicles Head International Business Asif Shamim said. Tata Motors said its commercial vehicles are sold in over 40 countries worldwide, with a portfolio that spans sub-1-tonne mini-trucks to 60-tonne heavy-duty trucks and 9- to 71-seater ...
The US National Highway Traffic Safety Administration (NHTSA) says cracked aluminium suspension knuckles in Range Rover models could raise crash risk
Why Sensex, Nifty rallied on Monday: Renewed buying in PSU banks, record MF inflows and hopes of a positive outcome from the US-Russia meet helped revive the market mood in India.
Technical chart shows that Tata Motors is seen testing the 200-WMA support, a key moving average the stock has broadly held since January 2021.
Nuvama Institutional Equities flagged the sharp miss in Tata Motors' JLR and India PV earnings, reducing its FY26E/FY27E Ebitda estimates by 6-7 per cent.
With Rakshabandhan and Ganesh Chaturthi falling during the month, the discounts are almost at a similar level as compared to last year
Tata Motors Q1 profit slumps to ₹3,924 crore as JLR revenue drops on US tariffs; PV and CV sales decline; demerger on track with effective date set for 1 October
Tata Motors Q1 results: Profit plunges 63% to ₹4,003 cr, revenue down 2.5%
Q1 FY26 company results, August 8: Ceigall India, Akums Drugs, Cholamandalam Financial Holdings, and Lemon Tree Hotels will also release their April-June quarter earnings reports today
Analysts at Nuvama noted that the revenue is expected to decline Y-o-Y, led by volume drops across India PV/CV and JLR businesses.
Nifty PSU Bank, Nifty Private Bank and Nifty Bank index have outperformed the market,down in the range of 0.09 per cent to 0.25 per cent.