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
Auto sales in May 2025: M&M wholesale numbers up 21%, Tata Motors posted an 11% dip in wholesale numbers
Passenger vehicle dealerships may see margin recovery and stable credit profiles in FY26 as SUV demand, rural recovery, and higher-margin services bolster growth
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
Two-wheeler retail sales in April this year reached 1,686,774 units compared to 1,649,591 units in the same month last year, Fada said
Mahindra & Mahindra (M&M) emerged as the second-largest carmaker in terms of domestic PV wholesales in April, overtaking Hyundai and Tata Motors, which had ranked ahead of it in March
Domestic CV volumes are expected to touch 1 million units mark this fiscal, the pre-pandemic peak logged in FY19, driven by accelerating infrastructure execution, replacement demand and policy support from the PM-eBus Sewa scheme, ratings agency Crisil said on Wednesday. The sector's credit outlook remains stable, supported by strong liquidity and healthy cash flows, it said. The volume growth will be led by light commercial vehicles (LCVs), which are expected to account for around 62 per cent of total volume on account of rising penetration of e-commerce and warehousing. A pickup in freight-intensive sectors such as cement and mining will boost the overall demand, it said. Crisil said its analysis is based on four key CV players, which account for around 70 per cent of the sector volume. The commercial vehicle (CV) sector comprises two segments-- LCVs and M&HCV ( medium and heavy commercial vehicles) -- with buses classified under both the segments. The M&HCV volume, ...
Most segments clock growth, commercial vehicle numbers decline: SIAM
The report revealed that 77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases
Moreover, domestic PV sales in March stood between 380,000 and 390,000 units compared to 368,016 units in the corresponding month last year
Auto industry braces for sluggish growth in FY26 amid affordability concerns
The three-wheeler segment also showed strong performance, growing by 4.7% Y-o-Y. Total sales for Feb 2025 reached 57,788 units, compared to 55,175 units in the same period last year
Domestic passenger vehicle dispatches from factories to company dealers rose 1.9 per cent year-on-year to 3,77,689 units in February, industry body SIAM said on Thursday. The total passenger vehicle wholesales stood at 3,70,786 units in February 2024. Total two-wheeler dispatches, however, witnessed a dip of 9 per cent year-on-year to 13,84,605 units last month. Total sales stood at 15,20,761 units in February last year.
SMC aims for 4 million units of annual manufacturing capacity to meet in India and expand as a global export hub
OEMs feel consumption in this segment will continue to grow this year
Sales grew 11.4% in December as several OEMs continued with their festive discounts
Sales of two wheelers dipped by 18 per cent, passenger vehicles by 2 per cent and commercial vehicles (CV) by 5.2 per cent
Annual PV sales growth stands at about 4.7 per cent
Ertiga was the two millionth vehicle to be rolled out from the production line while the Baleno, Fronx, WagonR, Ertiga and Brezza were the top five manufactured vehicles during the calendar year 2024
Starting in September of 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don't buckle up. The National Highway Traffic Safety Administration said Monday that it finalised the rule, which also requires enhanced warnings when front seat belts aren't fastened. The agency estimates that the new rule will save 50 lives per year and prevent 500 injuries when fully in effect, according to a statement. The new rule will apply to passenger cars, trucks, buses except for school buses, and multipurpose vehicles weighing up to 10,000 pounds. Before the rule, seat belt warnings were required only for the driver's seat. Under the new rule, outboard front-seat passengers also must get a warning if they don't fasten their belts. Front-centre seats will not get a warning because NHTSA found that it wouldn't be cost effective. The agency said most vehicles already have warnings for the outboard passenger seats. The rule also lengthens the duration o