Page 2 - Car Sales

Passenger vehicle dispatches up 4% in September to 372k units: Siam

Passenger vehicle dispatches from companies to dealers rose four per cent year-on-year in September to 3,72,458 units, industry body SIAM said on Wednesday. The overall passenger vehicle dispatches last month rose 4.4 per cent to 3,72,458 units, as against 3,56,752 units in September 2024. Two-wheeler sales witnessed a 7 per cent on-year rise to 21,60,889 units last month, as compared to 20,25,993 units in the year-ago period, Society of Indian Automobile Manufacturers (SIAM) said.

Tata Motors, Maruti see retail sales market share growth in September

Tata Motors and Maruti Suzuki saw a year-on-year increase in their retail sales market share last month, according to the latest passenger vehicle registration data for September. Hyundai Motor India and Toyota Kirloskar Motor on the other hand saw a year-on-year dip in their respective market share last month. Tata Motors saw its market share improve to 13.75 per cent last month as compared to the same period last year when it sold 32,586 units accounting for 11.52 per cent market share in the domestic passenger vehicle segment. As per the data, Maruti Suzuki India retailed a total of 1,23,242 units in September grabbing a market share of 41.17 per cent. It had retailed 1,15,530 units in September 2024 with a market share of 40.83 per cent. Overall, passenger vehicle retail sales last month stood at 2,99,369 units, registering an increase of 6 per cent as against 2,82,945 units in September last year. Mahindra & Mahindra retailed 37,659 passenger vehicles last month recording a

M&M cuts Bolero prices below ₹10 lakh, ramps up production capacity

Mahindra & Mahindra expands Bolero production under the NU iQ platform and reduces prices across variants, bringing the entire SUV range below ₹10 lakh

BYD outsells Tesla for fourth straight quarter despite sales dip

Musk has warned Tesla "could have a rough few quarters" after losing the US incentives

Car sales surge in September as GST 2.0 price cuts boost festive demand

Auto majors Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported robust sales in September as reduced price tags owing to GST rationalisation led to record demand in the Navaratri period. The month also saw Tata Motors and Mahindra & Mahindra settling at number two and three positions, respectively in vehicle wholesales ahead of Hyundai Motor India. Maruti Suzuki India said its total domestic passenger vehicle dispatches to dealers stood at 1,32,820 units last month compared with 1,44,962 units in the year-ago period, a dip of 8 per cent. The domestic wholesale figure for the month should be seen in the context of logistical constraints towards the last part of the month, the auto major stated. In a virtual press conference, Maruti Suzuki India Senior Executive Officer for Marketing and Sales Partho Banerjee said the company's retail sales were 1.73 lakh units last month, an increase of 27.5 per cent as compared with September 2024. He noted that the company has 2.5 ...

Bajaj Auto reports 9% jump in September vehicle sales at 510,504 units

Bajaj Auto on Wednesday reported a 9 per cent year-on-year growth in total sales, including exports, to 5,10,504 units in September. The Pune-based automobile firm had posted total sales of 4,69,531 vehicles in September 2024, Bajaj Auto said in a regulatory filing. Total domestic sales, including commercial vehicles, stood at 3,25,252 units last month, as compared to 3,11,887 units in the year-ago period, a growth of 4 per cent. Exports during the month under review jumped 18 per cent to 1,85,252 vehicles, from 1,57,644 vehicles in the year-ago period, the company said. Sales of two-wheelers in the domestic market rose by 5 per cent year-on-year to 2,73,188 units in September, as against 2,59,333 units in the same month last year.

With $57 bn valuation, Maruti becomes 8th most valuable carmaker globally

Maruti Suzuki India, the largest unit of Japan's Suzuki Motor, has surpassed global heavyweights like Ford Motor, General Motors, and Volkswagen AG. It has even surpassed its Japanese parent company

GST reforms: Tax cut and 'Navaratri' bring cheer to car showrooms

Maruti Suzuki got 80,000 enquiries and delivered over 25,000 cars

JM Financial downgrades CarTrade; stock bleeds 19%, 'Sell' call explained

Domestic brokerage JM Financial downgraded CarTrade to a 'Sell' rating from 'Hold' with a September 2026 target price of ₹2,350, implying around 14 per cent downside from current levels.

M&M cushions dealers from cess blow; others likely to follow suit

M&M has offered relief to dealers against cess losses while GST 2.0 led buyers to defer purchases, with overall August auto retail sales up 2.84% year-on-year, FADA said

JSW MG Motor, Kia announce price cuts following GST rationalisation

MG Motor said it will extend the full benefit of the GST reduction across its SUV portfolio, with price cuts ranging from ₹54,000 to ₹3,04,000, effective from September 7

GST cut to drive 200 bps boost in two-wheelers, 100 bps in PVs: Crisil

GST Council's two-rate tax structure to cut vehicle prices by up to 10%, supporting festive auto sales for two-wheelers, small cars, and compact SUVs

GST cuts fuel festive demand: Cars, bikes and gadgets set for sales boom

Electronics and auto makers raise output after GST cuts, expecting higher festive sales as small cars, two-wheelers, TVs and ACs turn cheaper from September 22

Tesla's sales rout in some European markets extends to eighth month

Registrations of new Tesla cars in France were down 47.3% in August from August 2024, while the overall car market grew nearly 2.2%, data showed on Monday

Passenger vehicle sales likely to see modest growth of 1-4% in FY26: ICRA

ICRA expects India's passenger vehicle wholesale volumes to grow by 1-4% in FY26, limited by high inventory and a high base. However, possible GST rate cut is likely to provide some support to volumes

E-challan backlog swells beyond courts: Digital technology adds to pile-up

Six years on, disposal machinery fails to catch up

Honda Cars India July sales up 3% to 7,524 units on export boost

Honda Cars India on Friday reported a 3 per cent year-on-year increase in total sales to 7,524 units in July. Domestic sales of the company stood at 4,050 units and exports at 3,474 units. "Demand remained subdued in July 2025, and we accordingly aligned our dispatches to ensure optimum inventory levels across our dealerships," Honda Cars India Vice President Marketing & Sales Kunal Behl said in a statement. With the upcoming festive season around the corner, the company is optimistic about an uptick in demand, he added.

Maruti Suzuki Q1 profit up 0.8% as exports offset weak domestic sales

Carmaker posts Rs 3,792 crore profit in Q1 FY26 as exports to Japan and others rise 37%, softening the impact of a 4.5% domestic sales decline

What are zero-mileage used cars & why is China planning to ban their sale?

China plans to ban resale of cars within six months of registration to curb the growing sale of zero-mileage used cars, which distort sales data, affect buyers, and allow misuse of subsidies

Mercedes-Benz India's Q1 sales reach record high on luxury EV demand

Sales of top-end models, like the S-Class and the Mercedes-Maybach portfolio, rose 20per cent between April and June, while EV sales jumped than two-fold to form 8% of Mercedes-Benz India's sale