Page 2 - Auto Demand

Tata Motors Q1 preview: Profit may tank up to 50% YoY; other details inside

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.

Ola Electric sales at 60k units in Q1, sees sustained demand recovery in Q2

Ola Electric is expecting a sustained demand recovery in the second quarter, according to sources, with its Q1 FY26 vehicle registrations reaching nearly 60,000 units, as indicated by VAHAN data. The company, which saw registrations grow 9 per cent month-on-month in June, is projected to post quarter-on-quarter revenue growth of nearly 25 per cent, underlining the gains from its recalibrated sustainable growth efforts, said people tracking the company's performance. "Factoring in deliveries in Telangana and the clearance of pending backlogs from Q4 FY25, Ola Electric is now expected to deliver over 65,000 vehicles in Q1 FY26. This strong delivery performance puts the company well on course to comfortably meet its revenue guidance of Rs 800-850 crore for the quarter," a source said. The person said the growth in June registrations marks a "clear shift in trajectory, signalling that Ola Electric is regaining pace after a tempered Q4 FY25. The recent uptick also suggests sustained dema

Audi retail sales decline 14% in H1 2025 at 2,128 units amid weak demand

Luxury carmaker Audi on Tuesday said its half-yearly retail sales declined 63 per cent year-on-year to 2,128 units. The company sold 2,477 units in the January-June period of last year. The brand with the four rings is facing headwinds as slowing demand driven by price increases from a weakening exchange rate and heightened market uncertainty amid evolving geopolitical tensions continues to impact performance, Audi India said in a statement. However, the company remains confident in the growth of the Indian luxury car market in the forthcoming festive season, driven by growing customer aspirations, it added. "While H1 2025 presented unique market challenges, we have used this period to strengthen our foundation for sustainable growth," Audi India Head Balbir Singh Dhillon said. By prioritising a luxury-first approach and delivering exceptional customer experiences, the automaker continues to reinforce brand loyalty, he added. "We see growth potential in the luxury segment in th

Mahindra & Mahindra's overall auto sales rise 14% in June at 78,969 units

Mahindra & Mahindra on Tuesday reported a 14 per cent year-on-year increase in its overall auto sales to 78,969 units in June. In the passenger vehicles segment, the company said its utility vehicles sales surged 18 per cent to 47,306 units in the domestic market last month against 40,022 units in the year-ago period, up 18 per cent. Domestic three-wheeler sales stood at 8,454 units, an increase of 37 per cent as compared with 6,180 units in June last year, M&M said in a statement. Total exports increased 1 per cent year-on-year to 2,634 units last month. "The quarter ended on a very positive note for us, marking the highest quarter ever for SUVs," Nalinikanth Gollagunta, Mahindra & Mahindra (M&M) CEO - Automotive Division, said. In the farm equipment sector (FES), the company said its total tractor sales (domestic and exports) rose 13 per cent to 53,392 units in June from 47,319 units a year ago. In the domestic market, tractor sales grew 13 per cent to 51,769 units ..

Nuvama sees mixed June auto sales; two-wheelers, tractors to outperform

Analysts cite rural demand and the ongoing marriage season as key drivers supporting two-wheeler and tractor volumes, while subdued consumer sentiment and conversion delays are likely to weigh on PV &

85% of 2Ws to be impacted on ABS rule; Hero MotoCorp most exposed: Nomura

Nomura said Hero MotoCorp will be hit hardest, with 99 per cent of its sales from sub-125cc bikes. Honda India follows at 89 per cent, TVS Motor at 86 per cent, and Bajaj Auto at 72 per cent.

Landmark Cars hits over four-month high; zooms 15% in subdued market

The stock price of the auto dealer company - Landmark Cars share price was trading at its highest since Jan 27, 2025, and has bounced back 84% from it's all-time low of ₹306.05 touched on Apr 7, 2025.

Entry-level car buyers priced out even as SUV sales surge in India

Two-wheeler owners finding upward mobility challenging

Why US cars can't crack Japan's market - despite Trump's trade push

While Japanese brands dominate American highways, with Toyota alone selling more than 2.3 million vehicles in the US last year, American carmakers barely register in Japan's auto market

Feb sales show genuine customer demand, not token bookings: Ola Electric

Ola Electric Mobility on Tuesday clarified that its February sales represent genuine customer demand and not "token-amount bookings". The February 2025 sales announcement was based on paid and confirmed orders, not preliminary "bookings", the Bengaluru-based company said in a regulatory filing. Nearly 90 per cent of these orders were paid in full at the time of placement, Ola Electric said. This includes customer orders for the new products, Gen 3 and Roadster X, which have been available for full purchase (not just pre-booking) during February 2025, it stated. "We are issuing a proactive statement to our broader stakeholder community since we have fielded multiple inquiries about the company's February sales figures in recent days," Ola Electric said. It is essential to underscore that vehicle deliveries are sequenced to follow confirmed orders with full payment, a standard and universally-accepted industry practice, it said. Any attempt to conflate bookings with full-payment or

Tata Motors, Motherson Sumi, others slip upto 7.5% on Trump 25% auto tariff

The fall in auto stocks came after the US President Donald Trump, on Wednesday, announced that he would impose a 25% tariff on all cars imported into the US that are not manufactured domestically

Uno Minda, Motherson Sumi, M&M: Top bets by Nuvama ahead of March'25 sales

According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market

Auto exports jump 40% in Jan; domestic dispatches in PVs, 2Ws remain flat

On the export front, car exports saw nearly a 13 per cent drop year-on-year (Y-o-Y), while utility vehicle (UV) exports went up by around 61.5 per cent in January

Hero MotoCorp Q3 Preview: Net profit may climb up to Rs 1,130 crore YoY

Hero MotoCorp is expected to report a steady performance for Q3FY25, with revenue growth driven by higher average selling prices (ASPs) rather than volume growth, analysts said

Will Bharat Mobility Expo 2025 rev up auto stocks? Analysts don't think so

Bharat Mobility Expo 2025, Auto Expo 2025: Analysts believe the automobile vehicle demand has been impacted by higher inflation and interest rates

Citi initiates coverage with 'Buy' on Hyundai Motor India; share up 3%

The rise in Hyundai India share came after global brokerage firm Citi Research initiated coverage with 'Buy' for target price of Rs 2,250

Automotive leasing in India to account for 8% of sales in 5-8 yrs: ORIX

Mobility solutions and financial services provider ORIX Corporation India Ltd expects automobile leasing market in India to account for 7-8 per cent of the overall vehicle sales in the next 5-7 years, up from about 2 per cent currently with more younger people joining the workforce, its Managing Director and CEO Vivek Wadhera. With good traction in its business, the company expects 30-35 per cent higher profit this fiscal year compared to the last year, Wadhera told PTI in an interaction. "If you compare the Indian market to the western market, the overall leasing market in India is 1-2 per cent of the total number of automobiles sold," he said when asked how the automobile leasing market has been developing in the country. In 2024, passenger vehicle sales in India stood at 43 lakh units as per industry estimates. In the western market such as the US, or even Japan or China, the same percentage is 30-40 per cent, he added. There many customers don't buy vehicles but "Indians still

M&M, TVS & Uno Minda among top picks by Nuvama ahead of December auto sales

Nuvama analysts said December is expected to bring encouraging results for the industry. PVs are predicted to achieve double-digit growth, propelled by strong performances from M&M, Maruti & Toyota

Auto component industry grows 11% to Rs 3.32 trillion in Apr-Sep: Acma

The automotive components industry grew 11 per cent year-on-year to Rs 3.32 lakh crore in the first half of the current fiscal, industry body ACMA said on Thursday. The turnover of the automotive component industry in the April-September period of last fiscal stood at Rs 2.98 lakh crore. "With vehicle sales across all segments reaching pre-pandemic levels and despite geopolitical challenges on the exports front, the auto components sector witnessed a steady growth in both domestic and international markets in the first half of FY2024-25," Automotive Component Manufacturers Association of India (ACMA) President Shradha Suri Marwah said. She said the festive season brought significant sales across most segments of the vehicle industry. "However, reflecting on the past eight months of this fiscal year, while two-wheelers have shown promising growth, sales of passenger vehicles and commercial vehicles have been relatively moderate," she added. On the exports front, with geological ...

Why Samir Arora thinks investing in Auto industry is a 'Ridiculous Trade'?

Ahead of the opening of the much-awaited Hyundai Motor India IPO, Samir Arora of Helios Capital has shared his outlook on the auto industry. Here's what the market expert thinks