Page 2 - Auto Demand

Diwali through the ages: From harvest roots to LED-lit celebrations

Once marked by the simple lighting of diyas and modest home decorations, Diwali today is synonymous with affluence and high consumer demand

Navratri drives record auto retail sales, overall up 5.2% in Sep: Fada

Fada said vehicle sales surged after September 22 as GST 2.0 reforms took effect, with Navratri 2025 delivering record-high footfalls and festive purchases across all categories

Why Tata Motors split CV and PV arms: Here's what the filings reveal

Tata highlighted that CVs are cyclical, linked to infrastructure, freight, mining, and construction, while PVs are growth-oriented, technology-heavy, and consumer-facing

Auto sales set for strong September; analysts bet on Maruti, M&M, TVS Motor

September auto sales expectations: Analysts cite the start of festive sales from September 22, improved finance availability, dealer inventory build-up, and positive rural sentiment as key drivers.

Govt, auto industry need to work together to achieve self-reliance: PM Modi

PM also noted that there are multiple investment and collaboration opportunities as the nation is progressing towards smart and green mobility

Auto upcycle is here, says Morgan Stanley; Upgrades Maruti, Eicher, Hero

Among companies, Maruti Suzuki is expected to gain market share with new SUV launches and a revival in first-time buyers, prompting the brokerage to raise its target from ₹14,262 to ₹18,360.

Auto sales rise 0.02% in August, GST 2.0 defers sales to September

The two-wheeler segment registered a 1.34 per cent month-on-month growth, rising 2.18 per cent Y-o-Y, aided by festive enquiries around Onam and Ganesh Chaturthi

GST cut to drive 200 bps boost in two-wheelers, 100 bps in PVs: Crisil

GST Council's two-rate tax structure to cut vehicle prices by up to 10%, supporting festive auto sales for two-wheelers, small cars, and compact SUVs

Auto sector mixed; Maruti, M&M top MOFSL bets as GST decision looms

Maruti Suzuki's volumes dipped marginally by 0.6 per cent Y-o-Y to 181,000 units, with export growth of 40.5 per cent Y-o-Y offset by a 7.5 per cent drop in domestic sales.

Passenger vehicle sales decline marginally in July on muted demand: Siam

All vehicle segments posted stable performance in July 2025, though overall sentiments in the passenger vehicles segment have remained subdued

Brokerages decode Tata Motors' Q1 results; is the stock still worth buying?

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.

Truck rental charges for major routes stay stable in July: Report

Truck rental charges on major routes stayed largely stable in July, reflecting a balanced demand-supply environment across the country, a report said on Friday. Freight rates remained unchanged between June and July for most key routes such as Delhi-Mumbai-Delhi, Delhi-Kolkata-Delhi, and Mumbai-Chennai-Mumbai. The Bengaluru-Mumbai-Bengaluru corridor recorded a slight uptick of 2.3 per cent month-on-month (MoM), indicating region-specific cargo movement. However, freight charges on routes like Kolkata-Guwahati-Kolkata saw an increase of 10 per cent, the same went up 8 per cent for Delhi-Hyderabad-Delhi route and 9 per cent for Mumbai-Chennai-Mumbai, continuing to exhibit robust long-haul freight demand, according to a report by Shriram Finance. The report indicated a steady momentum in the country's mobility sector in the previous month, with stability and selective upticks across key transport segments driven by preparations for the upcoming festive season. This movement, as per th

What should investors do with Bajaj Auto stock post Q1? Brokerages weigh in

The quarter saw Bajaj Auto revenues grow 6 per cent year-on-year to ₹12,580 crore, and Ebitda rise 3 per cent to ₹2,480 crore, slightly ahead of consensus.

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.