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 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.
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
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
The Centre said that the timing of the GST cuts just before the festival and wedding season proved ideal, boosting consumer sentiment across sectors
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
But margins may have lost traction due to higher discounts, ad spends
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
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
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 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.
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.
Industry estimates impact for every dealer at ₹3-5 crore
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
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
(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.
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.
>>ICE vehicle sales hit, EV market hopes held up >>Vahan data shows 3% drop in August auto sales
India's auto sector began FY26 on a mixed note as UV sales and exports grew, but overall demand stayed soft. Two-wheelers and cars saw declines, while three-wheelers hit record Q1 sales
Passenger vehicle sales grew modestly by 2.5% in June as rains and liquidity concerns affected demand, while all other segments also recorded positive year-on-year growth