Mahindra & Mahindra reports 47 per cent rise in Q3FY26 net profit to Rs 4,675 crore on record revenue; gains market share in SUVs and LCVs, tractor share steady
At 10:51 AM; the BSE Auto index was the top gainer among sectoral indices, up 2 per cent, as compared to 0.07 per cent rise in the BSE Sensex.
Tata Motors Passenger Vehicles Ltd (TMPVL) will hike prices in the "coming weeks" in the wake of rising commodity cost putting pressure, according to its Managing Director & CEO, Shailesh Chandra. While Maruti Suzuki India is reviewing the situation for a possible price hike, Hyundai Motor India has already undertaken a price increase in January, mainly on the Venue model. "Yes, we have been facing pressure on the commodity side for nearly a year now. Still we see pressure on the precious metal side, copper and so on. Overall, if you see the impact of commodity price increase, it has been for us about 2 per cent plus of our revenues," Chandra said in a quarterly earnings call. He was responding to a query on whether the company was planning to hike prices of its vehicles due to rising cost of commodities. Reiterating that the company is going to increase prices, Chandra said,"We will be able to announce this in the coming weeks." He, however, did not elaborate the details of the
India's mobility sector opened 2026 on stable footing, with truck rentals holding steady month-on-month, healthy year-on-year growth across routes, and strong demand for EVs, SUVs, freight transport
Nomura noted that adjusted Ebit margin came in at 8.9 per cent, well below its estimate of 9.9 per cent, with ASPs falling 2.3 per cent quarter-on-quarter (Q-o-Q) to around ₹7.12 lakh.
The stock price of Maruti Suzuki India was quoting lower for the seventh straight trading session, falling 12 per cent during the same period.
French automaker Renault is eyeing a market share of 3-5 per cent in the Indian passenger vehicle segment by 2030, led by new product launches and sales network expansion, according to a top company executive. The company currently sells three models in the market -- Kwid, Kiger, and Triber -- and has also unveiled the new Duster with deliveries expected to begin in April this year. The automaker's market share has slipped below 1 per cent in the over 43 lakh strong passenger vehicle segment. "If we do our job well, by 2030 we should get between 3-5 per cent market share, that's our goal," Renault brand CEO and Chief Growth Officer Fabrice Cambolive told PTI in an interaction. "We would not like to communicate today about the new cars, but we will increase the number of models here in India, because the market is big and there are a lot of growing segments," he added. The market share improvement would depend upon the level of competitiveness the automaker is able to achieve as th
Maruti Suzuki Q3 preview: The company is expected to report its Q3 earnings on Wednesday, January 28, 2026.
Festive-led demand, GST rationalisation, easing rates and operating leverage are expected to drive strong revenue and profit growth for auto OEMs and ancillaries in Q3FY26
India is central to Nissan's ambitions in 2026, as the brand accelerates its resurgence in the market
Auto sector saw record annual retail volume at 2.82 mn units
The momentum was not limited to retail-focused segments, the brokerage noted. The medium and heavy commercial vehicle (MHCV) industry showed clear signs of revival after a prolonged 15-month downturn.
The Nifty Auto index has zoomed as much as 157.8 per cent in the last four calendar years as against a 50.6 per cent surge in the benchmark Nifty 50, shows data.
Tata Motors outlook: With GST rationalisation & pick up in government capex, commercial vehicle volumes are likely to improve going forward, believes the management.
For calendar year 2025, domestic PV wholesales stood at 4.55 million units, marking a 5.7 per cent YoY increase
Network scale seen as central to tapping smaller markets
Renault India on Thursday reported a 33.4 per cent increase in sales to 3,845 units in December 2025 compared to the same month of 2024. The company said it witnessed strong sales acceleration in the second half of CY2025, driven by consistent improvement in quarterly performance and a sharp surge in December. "The H2 performance of CY2025 clearly reflects the direction we have taken for Renault in India. After a phase of portfolio transition, the consistent recovery from Q3 onwards, culminating in a strong Q4 and our best monthly performance in December, confirms that the course correction we initiated is delivering tangible results," Renault Group India CEO Stephane Deblaise said. On the road ahead, he said, "With the right building blocks now in place, we are entering the next phase with confidence, and the return of the iconic Duster will mark a significant step forward in Renault's renewed journey in India".
In passenger vehicles, the brokerage expects the segment to post 19 per cent year-on-year (Y-o-Y) growth in dispatches in December, broadly in line with retail trends.
Rapid EV adoption has lifted sales, but India's dependence on imported minerals and components exposes deep supply chain vulnerabilities that could slow the electric mobility transition
VST Tillers stock hit a new high of ₹6,225 and has zoomed 117 per cent from its 52-week low of ₹2,875 touched on April 7, 2025.