Passenger Vehicle Sales

Auto industry growth likely to be 3-6% in FY27 as high base kicks in: Icra

Ratings agency says elevated growth in FY26 will give way to moderation next fiscal as higher base and normalising demand temper volumes across PV, two-wheeler and CV segments

JLR cyberattack, labour Code weigh on Tata Motors Passenger Vehicles profit

Tata Motors Passenger Vehicles slipped into a loss in Q3FY26 due to costs linked to a JLR cyber attack and regulatory provisions, even as domestic retail demand stayed robust, led by SUVs

GST tailwinds revved up January PV wholesales 12.6% to 455,000 units

Domestic passenger vehicle wholesales rose sharply in January, supported by GST tailwinds and improved demand, though automakers flagged production constraints and rising cost pressures

Car sales zoom 26% in Dec on GST cut, year-end rush lifts wholesale demand

For calendar year 2025, domestic PV wholesales stood at 4.55 million units, marking a 5.7 per cent YoY increase

Auto industry logs best Nov sales; PV dispatches surge 19%: SIAM

Sector optimistic that 'supportive policy reforms' will continue, says group

PV retail sales up 20% in November, inventory down to 44-46 days: Fada

Besides GST benefits, the jump was aided by the marriage season, better supply of high-waiting models, and sustained push from compact sport utility vehicles

New Tata Sierra seen powering PV push, but brokerages split on stock

In their assessment, Nomura analysts said the Sierra's modern, feature-rich positioning and aggressive pricing strategy could meaningfully lift Tata Motors' volume trajectory in FY26-28.

Domestic PV volumes to grow by 5% this fiscal: Tata Motors PV CEO

Domestic passenger vehicle volumes are likely to grow by around 5 per cent this fiscal, with double-digit growth anticipated in the second half as pent-up demand remains robust even after the festive season, according to Tata Motors Passenger Vehicles MD and CEO Shailesh Chandra. The April-September period this fiscal witnessed a 1.6 per cent year-on-year decline, and it was only the festive period that passenger vehicle sales rebounded in the domestic market. The sales volume in the October-March period should grow in double digits, Chanda said during an analyst call. He noted that the industry witnessed a growth of 5 per cent and 17 per cent in September and October, respectively, due to festive demand. The pent-up demand still continues to overflow in November and December, and both months should be strong in business terms, he added. "So, overall, in the financial year, because the first half had seen a decline of 1.6 per cent before the festive period, it should be in the zon

Festive demand, GST cuts push October PVs, 2-wheeler dispatch records: SIAM

Robust festive demand aided by price cuts owing to GST rate rejig led to record passenger vehicle, two and three-wheeler dispatches from companies to dealers in October, industry body SIAM said on Friday. Total passenger vehicle wholesales in October rose to 4,60,739 units, an increase of 17 per cent compared with 3,93,238 units in October last year. Similarly, two-wheeler sales rose to 22,10,727 units during the month, an increase of 2 per cent against 21,64,276 units in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said in a statement. Scooter sales were up 14 per cent year-on-year at 8,24,003 units last month as compared with 7,21,200 units in October 2024. Motorcycle dispatches, however, declined 4 per cent year-on-year to 13,35,468 units in October. Three-wheeler dispatches rose 6 per cent year-on-year to 81,288 units in October. "Passenger vehicles, two and three-wheeler segments posted their highest ever dispatches to dealers in October, primar

Tata Motors PV faces key risks as EV adoption slows, competition heats up

As TMPV begins its independent journey, analysts caution that several structural risks - from slower EV adoption to JLR's global dependence - could weigh on its growth trajectory.

Maruti Suzuki India, Hyundai Motor grip wheel in a turning market

Exports, lean costs, and tax cuts keep growth engines humming, but next bend will call for sharper steering

High demand for PVs likely to sustain beyond festive season: Siam president

SIAM data showed that automakers dispatched 372,458 PVs to dealers in September 2025, a year-on-year increase of 4.4 per cent

GST cuts, Navratri drive 5.8% surge in passenger vehicle sales: Fada

Sales were muted in the first three weeks of September but surged after September 22, when the revised goods and services tax (GST) rates took effect, the association said

Fuelled by GST rate cuts, car sales hit top gear in festival season

Maruti, Tata, Mahindra log record growth as Navratri demand lifts car sales; logistics bottlenecks emerge amid surge

Mahindra sold more cars than Hyundai in September; Creta records best month

Boosted by GST 2.0 cuts and festive demand, Mahindra overtook Hyundai in September PV wholesale, however, Hyundai's Creta set a new record with 18,861 units, its best-ever monthly sales

Car sales fall in August 2025, but two-wheelers ride festive demand: Siam

PV dispatches fell 9% in August to 321,840 units, while two-wheeler sales rose 7% and three-wheeler sales hit a record, as buyers awaited GST-driven price cuts

PV sales decline 7% in August as buyers await GST rate cut decision

Domestic passenger vehicle sales dropped 7.3% in August to 330,000 units as buyers and automakers awaited GST Council reforms, with Maruti Suzuki and M&M reporting weaker volumes

Maharashtra, UP lead auto sales across segments in Q1 FY26, shows SIAM data

Maharashtra and UP lead India's Q1FY26 automobile sales across passenger, two-wheeler, three-wheeler and CV segments, as per SIAM data

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

Auto companies align dispatches with retail demand amid stock pileup

Passenger vehicle dispatches rise just 0.5% in H1 2025 as OEMs curb factory output to align with slower retail demand and elevated dealer stock levels