Page 3 - Car Sales

Mahindra & Mahindra's vehicle sales rise 17% to 84,110 units in May

Mahindra & Mahindra on Sunday reported a 17 per cent year-on-year increase in total sales at 84,110 units in May. In the utility vehicles segment, the Mumbai-based automaker sold 52,431 vehicles in the domestic market, a growth of 21 per cent, as compared to 43,218 units in May last year. "Thanks to continued demand for our products, we were able to deliver industry-leading growth across our ICE and BEV portfolio," Mahindra & Mahindra (M&M) CEO Automotive Division Nalinikanth Gollagunta said. The company said its tractor sales in the domestic market stood at 38,914 units last month, as against 35,237 units in May 2024. Total tractor sales (domestic and exports) last month were at 40,643 units, as against 37,109 units for the same period last year. Early advancement of above-normal Southwest monsoon should bode well for kharif sowing, M&M President - Farm Equipment Business Veejay Nakra said. "Approval of hike in MSP for Paddy and other kharif crops will bring positive .

Entry-level car buyers priced out even as SUV sales surge in India

Two-wheeler owners finding upward mobility challenging

China's car sales rise 14.8% in April, boosted by trade-ins: CPCA

Passenger vehicle sales totalled 1.78 million units last month and for the first four months of 2025 were up 8.2 per cent from the same period a year earlier

Why US cars can't crack Japan's market - despite Trump's trade push

While Japanese brands dominate American highways, with Toyota alone selling more than 2.3 million vehicles in the US last year, American carmakers barely register in Japan's auto market

Honda India April sales fall 23% Y-o-Y to 3,360 units; exports also dip

Honda Cars India on Thursday said its domestic sales declined 23 per cent year-on-year to 3,360 units in April. The automaker dispatched 4,351 units to dealers in April last year. Export declined to 1,511 units last month as compared with 6,516 units in April last year. "In view of the prevailing market conditions and subdued consumer sentiment, we have strategically moderated the dispatches in the month of April to maintain optimal inventory level across our network, ensuring operational efficiency and preparing for demand fluctuations without burdening the dealers," Honda Cars India VP (Marketing & Sales) Kunal Behl said in a statement. The company is introducing certain grades of Elevate at attractive new price points along with other benefits in the month of May ensuring greater value for customers, he added.

Maruti Q4FY25 results: Net profit drops 4.3% amid tepid car sales

MSIL chairman R C Bhargava said that the larger part of the sales growth is being recorded in the rural market

China bans 'smart driving' ads after fatal crash involving Xiaomi EV

Chinese authorities have banned terms like 'autonomous driving' in car ads after a fatal crash involving Xiaomi's SU7 EV, tightening rules on ADAS marketing and over-the-air updates to boost safety

Luxury car sales hit record in FY25; FY26 outlook remains cautious

The overall luxury car market had grown by around 3 per cent in FY25

Buying a new car? Check the best loan rates from public and private banks

If you are looking to buy a new car for yourself, it's best to first check what are the available financing options from different banks

Maruti Suzuki sales up 3% in Mar, Toyota Kirloskar posts record FY25 sales

Maruti Suzuki India on Tuesday reported a 3 per cent year-on-year increase in total sales at 1,92,984 units in March. The auto major sold a total of 1,87,196 units in the same month last year. Total domestic passenger vehicle dispatches to dealers were at 1,50,743 units compared to 1,52,718 units in the year-ago month, a dip of 1 per cent, Maruti Suzuki India (MSI) said in a statement. Sales of mini segment cars, comprising Alto and S-Presso, declined marginally to 11,655 units against 11,829 units in March 2024. Sales of compact cars, including Baleno, Dzire, Ignis, and Swift also declined to 66,906 units from 69,844 units in the year-ago month. Utility vehicles, consisting of Grand Vitara, Brezza, Ertiga and XL6, clocked sales of 61,097 units last month over 58,436 units earlier. Sales of van Eeco were at 10,409 units last month against 12,019 units in March last year, while that of light commercial vehicle Super Carry stood at 2,391 units over 3,612 units earlier. MSI said it

Elon Musk's Tesla is flailing in China and BYD's rapid rise is to blame

Elon Musk's automaker has been backsliding in China for the past five consecutive months on a year-on-year basis, according to data from the country's Passenger Car Association

Car firms likely to witness sales growth crawling at 1-2% in FY26

Two-wheeler industry's volume growth expected to be in 8-10 pc in FY26

M&M Q3 results: Profit climbs 20% to Rs 3,181 cr, driven by SUV demand

M&M Q3 FY25 results: Revenue up 18% to Rs 41,464.98 crore, led by demand for SUVs and tractors

Toyota sells 10.8 mn vehicles in 2024, stays world's top-selling automaker

Japanese automaker posted a 3.7 per cent drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors

Used car market overtakes new car sales in India: CARS24's report

Maharashtra, Uttar Pradesh, and Delhi emerged as key drivers of the used-car boom, reflecting diverse regional demands

Sales boost for auto dealers as deal with Meta helps digitisation: Report

Consumers consider social media for decision to buy new vehicle and use messaging apps to communicate with auto dealers

VinFast readies India drive for export hub, plans first stop in Tamil Nadu

Scouts for co-investors in charging firm V-Green in India

BMW India eyes double digit growth, expects sales to keep momentum in 2025

German luxury carmaker BMW is looking at double- digit sales growth this year having already reported record deliveries in 2024, its India Group President and CEO Vikram Pawah said on Saturday. The company is also expecting its electric vehicle sales portfolio to go up this year. In 2024, BMW Group India posted its best-ever annual car sales at 15,721 units, an 11 per cent growth over the previous year. The BMW brand registered 15,012 units while the MINI brand clocked 709 units in 2024. The group's motorcycle brand, BMW Motorrad sold 8,301 units last year. Asked if the company is looking at a similar growth as last year, Pawah said,"Thinking anything less than a double- digit growth will be understatement for India as a country itself. So absolutely, yes." He noted that all segments -- entry, mid and luxury -- were witnessing growth at a very solid pace for the company in the Indian market. "So I expect the same in 2025 because, you know, we've always said that we have a very ro

Are we entering an era of boring colours but exciting brand marques?

At one time, we used to photograph the cars in various colours to study how they reproduced; green and blue were a problem. Silver gray was difficult to shoot

Renault 2024 sales volume grows 1.3% with 2.26 mn vehicles, most hybrids

Sales growth, however, slowed sharply from the 9 per cent rise recorded in 2023, as the global auto sector faced a challenging year with inflation weighing on consumer appetite