Page 3 - Auto Sales

M&M records 26% growth in overall auto sales to over 120K units in October

Mahindra & Mahindra Ltd on Saturday reported a 26 per cent growth in its overall auto sales at 1,20,142 units in October this year. Domestic passenger vehicle sales grew by 31 per cent to 71,624 units in October as compared to 54,504 units in the same month last year, Mahindra & Mahindra Ltd (M&M) said in a regulatory filing. Commercial vehicle sales in the domestic market stood at 31,741 units, registering a growth of 14 per cent, it added. "In October, we achieved SUV sales of 71,624 units, a growth of 31 per cent, which is the highest SUV sales we have clocked ever in a month," M&M CEO, Automotive Division, Nalinikanth Gollagunta said. On the farm equipment business front, M&M said total tractor sales in October were at 73,660 units, as against 65,453 units for the same period last year, up 13 per cent. Domestic tractor sales were at 72,071 units, as against 64,326 units in October 2024, up 12 per cent, it added. Exports for the month stood at 1,589 units, ...

Maruti Suzuki India ready to rejig line-up as small cars regain traction

Since the Indian government reduced GST on small cars on September 22, the small car segment's share in Maruti's overall sales has risen to more than 25 per cent, up from 16.6 per cent earlier in FY26

Mercedes tops auto-margin forecasts as premium model sales offset costs

Like rivals including Porsche and BMW, Mercedes faces particular challenges in the Chinese premium and luxury market, where a price war driven by local carmakers is hitting demand

Passenger vehicle exports rise 18% in Apr-Sep, Maruti Suzuki leads: Siam

Passenger vehicle exports from India rose by 18 per cent year-on-year in the April-September period with Maruti Suzuki leading the segment with shipment of over 2 lakh units, according to the SIAM data. Total passenger vehicle exports in the first half of the current fiscal year rose to 4,45,884 units as compared with 3,76,679 units in the year-ago period, an increase of 18.4 per cent. Passenger car shipments rose to 2,29,281 units in the period under review, an increase of 12 per cent as against 2,05,091 units in the April-September period of 2024-25. Similarly, utility vehicle exports to overseas markets rose 26 per cent year on year to 2,11,373 units in the April-September period of the current fiscal. Van shipments rose 36.5 per cent year on year to 5,230 units in the first half of the current financial year. Maruti Suzuki's exports rose to 2,05,763 units in the period under review, an increase of 40 per cent as compared with 1,47,063 units in the same period a year ago Hyund

TVS Motor Q2 preview: PAT may zoom upto 45% YoY; other key estimates inside

On the bourses around 11:00 AM, TVS Motor share price was trading 0.27 per cent higher at ₹3,609.65 per share. In comparison, BSE Sensex was trading 0.33 per cent lower at 84,279.72 level.

Maruti Suzuki's Jimny 5-door crosses 100K export milestone globally

Maruti Suzuki India Ltd on Thursday said its compact SUV Jimny 5-door has crossed cumulative exports of 1 lakh units from India. Export of the Jimny 5-door had started in 2023, shortly after its India debut, to more than 100 countries, including Japan, Mexico and Australia, the company said in a statement. In Japan, where it is exported as 'Jimny Nomade', since January 2025, the model crossed 50,000 orders within days of introduction, it added. The company said its overall export volumes have been growing year-on-year, crossing 3.32 lakh units in 2024-25 as compared to 2.83 lakh units in 2023-24. "The Jimny has over half a century of heritage, globally. Jimny 5-door crossing the 1 lakh export mark is a proud achievement for Maruti Suzuki," company Managing Director & CEO Hisashi Takeuchi said. He further said the Jimny, along with 16 other models are exported by Maruti Suzuki and the year-on-year rise highlights India's rise as a hub for world-class automobile manufacturing.

Commercial vehicle sales up 2% in H1 as medium, light trucks drove growth

India's commercial vehicle market grew 2% in H1 FY26 as light and medium trucks saw gains, while heavy vehicle demand softened amid higher fleet productivity

Maruti Suzuki to cross 50,000 Dhanteras deliveries; Hyundai up 20%

In the month following the GST relief, Maruti Suzuki has seen over 450,000 bookings and 325,000 retail sales, signalling strong post-reform demand

GST cuts boost spending; festive, wedding season sales to cross ₹7 trn

The Centre said that the timing of the GST cuts just before the festival and wedding season proved ideal, boosting consumer sentiment across sectors

BMW India expects EVs to make up 30% of overall sales before 2030

Luxury carmaker BMW expects its electric vehicle sales to surge over the next few years, accounting for around 30 per cent of the overall sales before 2030, driven by new products and enhanced adoption of green vehicles in the country, according to company's President and CEO Hardeep Singh Brar. The German luxury carmaker's electric vehicle portfolio in India currently accounts for around 21 per cent of the overall sales. In an interaction with PTI, Brar said the company would like to have electric models in every vehicle segment it operates in the country. "We have done well in the electric segment, and we would like to build on that further. We are today, 21 per cent and I think at this rate, we may do 30 per cent even before 2030, which is mandated by the government," he noted. Between January and September, BMW Group India retailed 2,509 electric BMWs and MINIs, a growth of 246 per cent year-on-year. The share of EVs in total sales increased to 21 per cent with iX1 becoming th

Q2 results preview: Robust volumes likely drove auto sector growth

But margins may have lost traction due to higher discounts, ad spends

GST cuts, Navratri drive 5.8% surge in passenger vehicle sales: Fada

Sales were muted in the first three weeks of September but surged after September 22, when the revised goods and services tax (GST) rates took effect, the association said

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

US auto sales seen rising 6% in Oct quarter as EV demand surges

Market research firm Cox Automotive expects US new vehicle sales to be about 4.14 million units for July-September, compared with 3.9 million in the same period last year

Escorts Kubota zooms 7% on robust September sales; key details inside

Escorts Kubota shares rose following a healthy business update for September. The total sales soared 47.6% Y-o-Y to 18,267 units in Sept 2025, from 12,380 units in Sept 2024.

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.

Car dealers take ₹2.5K cr cess blow, turn to original equipment makers

Industry estimates impact for every dealer at ₹3-5 crore

Auto stocks drive ₹3 trillion market capitalisation surge on GST cut

Tax cuts drive auto stocks higher as Maruti, Eicher, and TVS surge; analysts expect festival season demand to lift sales and profits across India's automobile sector

Mahindra's August sales see slight decline; exports increase marginally

The GST on small cars was reduced to 18% from 28%, owing to which the prices of vehicles have dropped significantly, thereby dragging the sales

Mahindra's SUV sales to dealers dip for first time in over 3 years

(Reuters) -India's Mahindra & Mahindra reported its first sales decline over three years in August as the Scorpio SUV maker said it moderated dispatches to dealers as it awaits a government decision on lower consumption tax.