Page 5 - Auto Sales

May 2025 auto sales preview: Nomura expects tepid volumes amid supply risks

Analysts at Nomura also flagged a looming production risk starting June, arising from China's export restrictions on rare earth magnets-used across both EV and ICE components.

Cong cites auto sales, says most Indians locked out of consumption economy

Flagging reported drop in the share of passenger cars in the overall auto sales, the Congress on Wednesday claimed that it points to a state of the economy where most Indians are locked out of the consumption economy, there is growing inequality, stagnant incomes and weak investment. Congress general secretary in-charge communications Jairam Ramesh shared a media report which claimed that while the middle class is increasingly unable to transition from two-wheelers to entry-level cars, the sport utility vehicle (SUV) segment is recording a rising share of first-time buyers. There was no immediate response from the government or the BJP on the claims. "India Inc is raising the siren once again -? this time for auto sales. In 2018-19, passenger cars made up 65% of total sales of vehicles -? that share is now only 31%. SUVs and multi-purpose vehicles now account for 65% of sales," Ramesh said in a post on X. Noting that car sales have long been considered an indicator of the economy's

Passenger vehicles sales up 4% in April, two-wheeler despatches fall

Overall exports up 20% in April amid geopolitical tensions, says SIAM

Electric vehicle sales down 17.6% at 167,455 units in April: Fada

Bajaj Auto, Ather Energy, and Hero also recorded double-digit declines in their monthly sales. Only Kinetic Green Energy and Power Solutions reported a rise in their m-o-m e2W sales, up 55.1 per cent

Auto retail sales see 3% rise in April; Fada keeps outlook positive for May

Automobile retail sales rose 3 per cent in April led by strong rural demand and festive tailwinds, though commercial vehicle sales continued to show weakness

Electric vehicle sales rev up 17%, but fall short of 2 mn milestone

This growth comes despite a challenging first quarter following the expiration of FAME subsidies, among other challenges

Bajaj Auto e2Ws on full charge in FY25; Ola Electric's lead flickers

Ola Electric has attributed part of its struggle to an ongoing dispute with a vendor responsible for facilitating registrations, arguing that its actual sales figures are higher

Auto sales see 5% growth in FY25; industry seeks GST cut to drive demand

As of March 30, the total automobile sales for the financial year were seen at 25.9 million units, up from 24.6 million in FY24, and 22.3 million in FY23

Three-wheeler market may keep chugging in FY26 with 6-8% sales growth

Market to wrap up FY25 with 5-8% volume growth

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

Tepid vehicle sales, competition weigh on motor vehicle insurance premiums

The overall motor insurance premium stood at Rs 89,405.56 crore in the April-February period of FY25

Planning to buy a Tata or Kia? Prices set to rise from April 2025

The price hikes come at a time when the Indian passenger vehicle market is already under pressure

Passenger vehicles record best February sales as 2Ws continue to skid

According to data released by the Society of Indian Automobile Manufacturers (SIAM), PV wholesales reached an all-time high for February, hitting 377,689 units, a 1.9 per cent increase from the same m

Yamaha Motor launches its first hybrid motorcycle in India's 150cc segment

Yamaha has not disclosed official mileage figures but claims that the hybrid variant will deliver better fuel efficiency than the petrol-only FZ-S

India's e-bus sales likely to grow 3.6-fold in FY27, projects CareEdge

In India, the e-bus sector is still in its early stage, representing just 4 per cent of total annual bus registrations in FY24

Mahindra at number two: Tech development, EV plans to drive its future

125-acre campus of Mahindra Research Valley in Tamil Nadu fuelling company's innovations

Electric vehicle sales down 1.9% in February due to challenges: Fada

While all four categories of EVs registered double-digit M-o-M declines in sales, three-wheeler, commercial, and passenger vehicles saw single-digit Y-o-Y growth

Weak earnings, tougher financing norms drive auto retail sales down

PVs dip 10% in Feb; M&M breaks into number two spot for first time

Auto maker stocks climb on upbeat Feb sales; M&M, TVS, Eicher gain over 2%

Shares of vehicle manufacturers were climbing on Monday's session, after a number of automaker companies reported higher sales numbers for February 2025