Page 2 - Car Sales

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

Kia India appoints Atul Sood as Senior vice president, sales and marketing

Kia India on Friday said it has appointed Atul Sood as Senior Vice President Sales & Marketing, with immediate effect. He will report to Joonsu Cho, Chief Sales Officer, Kia India and will lead the brand's nationwide sales strategy and operations, the automaker said in a statement. Sood brings close to three decades of experience in the automotive industry, having most recently served at Toyota Mobility Solutions and Services India (TMSS) as President and Director. "His deep industry expertise and strategic acumen will be invaluable as we continue to strengthen our market position and enhance customer satisfaction. We look forward to his leadership and contribution in driving the next phase of our growth journey," Kia India MD and CEO Gwanggu Lee said.

Auto sales shrug off rare earth, US tariff clouds to log June gains

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

EV sales up in June, as demand for petrol, diesel cars dip: Report

Sales of electric motor cars grew multifold in June 2025 while passenger car sales (that run on internal combustion engines) declined amid weak consumer demand last month, the mobility bulletin of Shriram Finance said. Truck rentals remained firm in June 2025 on the back of increased hiring by the private sector, the findings said. Accordingly, round-trip rentals for 18-ton payloads across various routes, whether Delhi-Mumbai-Delhi or Delhi-Hyderabad-Delhi, grew, it said. On a year-on-year basis, truck rentals grew by 5 per cent in June 2025 as compared to June 2024, while they rose by 1.3 per cent last month as compared to rental rates clocked in the month of May 2025. On a monthly basis, sales of electric two-wheelers increased by 5 per cent to 93,872 units, from 88,986 units sold in May 2025. Sales of electric motor cars in June 2025 grew to 9,804 units up by 1,267 per cent from just 717 units sold in June 2024. On a monthly basis, sales of electric motor cars marginally went

BMW India reports 10% rise in H1 sales, EVs grow 234% year-on-year

German premium car maker BMW group on Thursday reported a 10 per cent jump in total sales in India at 7,774 units in the January-June period of 2025 over the same period year-ago, The Group had sold 7,081 units of BMW and Mini brands of cars in India in the first of CY 2024. Besides, the company also retailed 2,569 Motorrad brand of motorcycles during the period under review. The company also said it continued its leadership position in the luxury electric vehicle sales in India with a massive 234 per cent year-on-year growth in volumes at 1,322 units of BMW and MINI EVs sold during the first half of the current calendar year. The company sold 7,774 BMW and MINI cars and 2,569 motorcycles during the January-June period of 2025. Of this, BMW sold 7,477 units and MINI 297 units, it said in a statement. "We are on a fast track, posting over 10 per cent growth despite a challenging environment as we continue to unfold new opportunities in the luxury segment," said Vikram Pawah, Presi