Passenger Vehicle Sales

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

Maruti Fronx tops SUV exports in FY25, clocks 100,000 units in 25 months

Fronx drives Maruti Suzuki's record FY25 exports with 69,000 units shipped globally, becoming the fastest SUV to cross 100,000 units in overseas sales

Automobile exports rise 22% in Apr-June on record shipment of PVs: SIAM

Automobile exports from India rose 22 per cent year-on-year in the April-June quarter driven by record shipment of passenger vehicles and robust growth in segments like two-wheelers and commercial vehicles, according to industry body SIAM. Total exports across segments rose to 14,57,461 units in the first quarter as compared to 11,92,566 units in April-June quarter of last financial year. Passenger vehicles saw the highest-ever exports in the first quarter at 2,04,330 units, a growth of 13 per cent compared to 1,80,483 units in the same period last year. Export growth in this segment was driven by stable demand across most markets, with strong performance in the Middle East and Latin America, Society of Indian Automobile Manufacturers (SIAM) said. Revival in neighbouring markets like Sri Lanka and Nepal, rising demand from Japan, and growing exports under FTAs such as Australia also contributed to the overall uptick, it noted. The country's largest carmaker Maruti Suzuki led the .

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

Indian Railways now transports 20% of cars produced across the country

In 2014, only 1 per cent of India's automobiles were transported through railways

Passenger vehicle dispatches dip marginally in May, two-wheelers edge up

While PV dispatches declined by 0.8% in May, UVs and two-wheelers saw modest gains; auto retail under pressure from inventory and weak sentiment

Passenger vehicle sales remain flat, wholesale numbers up marginally in May

Auto sales in May 2025: M&M wholesale numbers up 21%, Tata Motors posted an 11% dip in wholesale numbers