Page 2 - Automobile Industry

India's auto retail sales rose 9.55% to record 2.531 mn units in May: Fada

The total automobile retail sales in India registered an on-year growth of 9.55 per cent to a record 25,31,067 units in May despite fuel-price revision, the Federation of Automobile Dealers Associations said on Monday. The cumulative automobile retail sales in India stood at 23,10,451 units in the same month last year. The retail sales performance reflects all-time best May for three-wheelers, passenger vehicles and tractors -- a strong outcome for what is seasonally a lean month. Dealers reported a visible rise in enquiries for fuel-efficient and alternative-powertrain options, reflected in the two-wheeler EV share climbing to 9.25 per cent from 6.11 per cent a year ago. According to data released by FADA, Passenger vehicles (PV) retail sales were at a record 4,02,591 units last month as compared to 3,26,656 units in May 2025, a growth of 23.25 per cent. Two-wheelers also clocked best-ever monthly numbers at 18,44,947 units in May this year as compared to 17,15,581 units in the

Auto firms seek fixed forex rates for DVA compliance under PLI scheme

To qualify under the ₹25,938 crore auto PLI scheme, a vehicle model's import content must be restricted to 50 per cent, meaning less than half of its value (in rupee terms) can be imported

Maruti launches recurring deposit loan scheme for small car-buyers

Maruti Suzuki's new RD-backed auto loan scheme helps buyers build a down payment while enabling lenders to assess repayment discipline before loan disbursal

Auto stocks to buy: Analysts back Maruti, TVS, M&M, TaMo after May sales

May 2026 auto sales show strong PV and tractor demand but softer 2W and CV trends. Analysts favour Maruti Suzuki, TVS Motor, M&M and Tata Motors

West Asia conflict fails to slow passenger vehicle sales; up 25% in May

Maruti Suzuki India (MSIL), India's largest carmaker, saw its domestic sales grow 40 per cent Y-o-Y to 190,337 units

Red tape redux: Automakers see red as PLI scheme paperwork multiplies

Automakers flag new export certification rules under the PLI scheme, saying added compliance burdens risk undermining ease-of-doing-business goals

Hyundai Motor India hikes vehicle prices by ₹12,800 on rising input costs

Hyundai Motor India Ltd (HMIL) on Wednesday said it will hike prices of its vehicles by up to Rs 12,800, depending on the model and variants. The price revision is attributed to a combination of various cost escalations, it added. This is in continuation of HMIL's announcement on April 8, 2026, when the car maker in a regulatory filing announced a 1 per cent hike across its portfolio from next month, citing various cost escalations, effective next month. "The extent of price increase is up to a maximum of Rs 12,800, and it will vary depending on the model and variant," said HMIL in a statement. The price increase has been necessitated due to rising input costs, increased commodity prices and higher operational expenses, among other reasons, it said. "While the company continuously strives to optimise costs and minimise the impact on its customers, the company is constrained to pass on some of the increased costs to the market through this nominal price increase," said HMIL.

50% older petrol vehicle owners report mileage drop after E20, finds survey

A recent LocalCircles study found that 29 per cent of petrol vehicle owners also faced unusual engine wear and tear as India pushes ahead with higher ethanol fuel blends beyond E20

India to drive Hyundai Motor's global production, export road map

Hyundai Motor India plans to cross 1 million units of production capacity by FY28, with Chennai playing a central role in exports and new model launches

Automakers ramp up production with dispatches, exports powering FY27

PV production trails dispatch growth, signaling inventory normalisation; 2W and 3W exports rebound

Auto sales raced to record 2.61 million units in April: Fada data

GST 2.0 boost and rural tailwinds kept growth on track

Retail auto sales rise 12.9% in April to record 2.61 million units: Fada

Total automobile retail sales in India grew by 12.94 per cent with a record 26,11,317 units in April as compared to 23,12,221 units in the same month last year, making a bright start to the new fiscal, Federation of Automobile Dealers Associations said on Tuesday. Sustained tailwinds from GST 2.0 affordability gains, RBI's supportive rate stance, healthy rural cash flows post a strong rabi cycle and an extended marriage season helped the industry post a robust performance, Federation of Automobile Dealers Associations (FADA) said in a statement. Passenger vehicles (PV) retail sales were at a record 4,07,355 units last month as compared to 3,63,028 units in April 2025, a growth of 12.21 per cent, it added. Two-wheelers also clocked best-ever monthly numbers at 19,16,258 units in April this year as compared to 16,95,638 units in the same month a year ago, at a growth of 13.01 per cent, it added. FADA further said three-wheeler sales stood at 1,06,908 units last month as compared to .

Stellantis India hits 50,000 vehicle milestone at TN manufacturing unit

Stellantis India marks the rollout of its 50,000th vehicle from the Thiruvallur plant, underlining India's role in global manufacturing, exports, and engineering excellence

India's car market flips from glut to constraint, shows Fada data

Passenger vehicle demand outstrips supply in FY26, tightening inventories and extending wait times as automakers struggle to match strong retail momentum

After GST-led surge, car sales growth likely to decelerate in FY27

High base effect, weak pentup demand, and West Asia conflict to temper momentum

India's truck fleet shows its age: Nearly 42% of vehicles past 12 years

Ageing truck fleets in India are set to drive a multi-year replacement cycle, offering growth opportunities for OEMs despite recent industry slowdown

Tata Motors to hike passenger vehicle prices by 0.5% from April 1

Automaker to raise prices across ICE passenger vehicles by 0.5% from April 1, citing sustained rise in input costs; impact will vary across models and variants

Parliamentary committee flags startup exclusion in auto PLI scheme

Standing committee asks government to review eligibility norms in the auto PLI scheme, expand EV incentives and speed up upgrades of testing agencies

How BYD raced ahead of Tesla in over 20 countries in just five years

Chinese EV maker BYD has overtaken Tesla in 22 countries as it expands globally, selling affordable, high-tech electric vehicles while facing slowing domestic sales

Panel pitches for 4-month BS-IV vehicle ban in NCR as pollution rises

Full phase-out by 2030; resale restrictions in nearby states proposed