Hyundai has announced the price of petrol versions of the new-generation Venue, which retails for Rs 7.90 lakh (ex-showroom). The cost of the Venue N Line will be revealed later. Know more
Suzuki is transferring more export production from Japan to India, as the role of the latter continues to increase in the company's global strategy
Retail volumes fell 9.4 per cent in June from a month ago and the average time a car stayed in a showroom, or inventory days, rose to about 55 days from 52-53 days in May
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
Hero MotoCorp on Friday said its dispatches to dealers declined 43 per cent to 3,05,406 units in April hit by a three-day production pause at four plants. The company dispatched 5,33,585 units to dealers in April last year. Domestic sales declined to 288,524 units last month, down from 5,13,296 units in April last year. Exports stood at 16,882 units last month as against 20,289 units in the year-ago period. The company said it recorded 5.05 lakh registrations for its internal combustion engine (ICE) two-wheelers in April. The company has maintained a consistent month-on-month increase in retail market share throughout 2025, it added. As part of a planned operational strategy, the company implemented a temporary production halt from April 17-19 at its Dharuhera, Gurugram, Haridwar, and Neemrana facilities to facilitate supply chain alignment and conduct scheduled maintenance and infrastructure enhancements; normalisation is anticipated in May, it said.
Tata Motors Ltd on Thursday reported a 6.1 per cent decline in overall sales to 72,753 units in April 2025. The company posted the total sales at 77,521 units during April 2024. Total domestic sales were down 7 per cent to 70,963 units last month as compared to 76,399 units in April 2024, Tata Motors said in a regulatory filing. Total passenger vehicle (PV) sales, including EVs, were down 5 per cent at 45,532 units over 47,983 units in the year-ago period, it added. Sales of PVs, including EVs, in the domestic market were down 6 per cent at 45,199 units against 47,883 units in the corresponding month last year. The company said its total commercial vehicle (CV) sales last month were at 27,221 units from 29,538 units in April 2024, down 8 per cent.
High net-worth individuals (HNIs) subscribed only 66 per cent, while retail and employee portions fared better at 1.78x and 5.4x, respectively
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, ...
Dealers concerned about ongoing tariff war and its potential impact on sales in India
Ford will offer its employee pricing - a discounted rate available to Ford workers - to all customers
The overall motor insurance premium stood at Rs 89,405.56 crore in the April-February period of FY25
Premium electric two-wheeler maker Ultraviolette plans to invest up to USD 100 million (nearly Rs 870 crore) in the next three to four years to fuel growth, including expansion of product portfolio, manufacturing and network, according to its founders. The company, which announced plans to bring ten new products, including scooters and long-range cruiser bikes, in the next three years, is targetting annual sales of 1 lakh units in this period, with presence not just in India but also in Europe and South East Asia, Ultraviolette CEO & Co-founder Narayan Subramaniam, and CTO & Co-founder Niraj Rajmohan told PTI. Rajmohan said the company has already made investments on R&D to build the fundamental building blocks, including charging systems, battery systems, motor control and vehicle control electronics, smart connected systems and advanced sensing systems. "We are in discussions from a larger investment point of view in the order of the USD 70-100 million that is meant to ..
Maruti Suzuki India on Saturday reported a marginal year-on-year increase in total sales at 1,99,400 units in February. The company sold a total of 1,97,471 units in the same month last year, Maruti Suzuki India (MSI) said in a statement. Total domestic passenger vehicle sales were at 1,60,791 units last month as compared with 1,60,271 units in the year-ago month, a marginal year-on-year growth, it added. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,226 units as against 14,782 units in same month last year. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, rose to 72,942 units as compared to 71,627 units in the year-ago month. Utility vehicles, consisting of Grand Vitara Brezza, Ertiga, XL6, Jimny clocked sales of 65,033 units last month as compared to 61,234 units earlier. Sales of van Eeco were at 11,493 units last month as against 12,147 units in February 2024, while that of light commercial vehicle Super Carry stood
Passenger vehicle sales volume in India is expected to grow at a moderate pace of 4-7 per cent in FY26 with most demand drivers remaining neutral or favourable, according to ratings agency Icra. As for two-wheelers, Icra said it estimates the industry volumes to grow at a healthy pace of 6-9 per cent in FY26, following an estimated 11-14 per cent growth in FY25. Passenger vehicle (PV) industry volumes reached an all-time high of 4.2 million units in FY24. In year-to-date (YTD) FY25, wholesale volumes remained stable led by steady production by automobile manufacturers but the industry volume growth has been modest at about 2 per cent against the backdrop of waning replacement demand and high inventory levels, Icra said in a statement. Healthy retails have helped moderate dealer inventory holding in the past few months. Nonetheless the inventory continues to be moderately high, it added. "The industry's growth in FY2025 is expected at 0-2 per cent. Most of the demand drivers for th
Toyota Kirloskar Motor on Saturday said its sales increased by 19 per cent year-on-year to 29,371 units in January. The company had dispatched 24,609 units in the same month last year. The company sold 26,178 units in the domestic market and exported 3,193 units last month. The continued momentum underscores the company's sharp focus on customer centricity, enhancing customer access across the country and increased emphasis on innovative value-added solutions, Toyota Kirloskar Motor (TKM) said in a statement. "In 2025, our efforts are to further strengthen the company's foothold in India. We will continue to optimise customer centricity through value-added services and seamless after-sales support, all aimed at creating delightful experiences," TKM Vice President Sales-Service-Used Car Business & Profit Enhancement Varinder Wadhwa said. The automaker's product strategy will be driven by the deep philosophy of a multiple pathway approach that strives to offer something to everyone
Pricing the new variants aggressively at Rs 26.9 lakh (BE6) and Rs 30.5 lakh (XEV 9e), the company compared them with global EVs such as Tesla, BMW, and others
Mid-size motorcycle maker Royal Enfield on Thursday reported a 25 per cent rise in total sales at 79,466 units in December 2024, as compared to 63,387 units sold in the same month a year ago. Domestic sales were at 67,891 units, as against 57,291 units in December 2023, up 19 per cent, Royal Enfield said in a statement. Similarly, exports jumped 90 per cent at 11,575 units last month, as compared to 6,096 units in December 2023. "As we gear up for 2025, we are looking forward to sustaining our growth momentum and continue inspiring our riding community across the globe with 'Pure Motorcycling' initiatives across the board," Royal Enfield CEO, B Govindarajan said.
More than 28 lakh new vehicles were registered in Maharashtra in 2024, a 12.32 per cent increase from 25.63 lakh registrations in 2023, as per official data. Overall, 28.79 lakh vehicles were registered, including 20.50 lakh two-wheelers and around 4.50 lakh cars, a 12.32 per cent jump from 25.63 lakh vehicles registered in 2023. Other vehicles include more than 1.20 lakh trucks, over 9,800 public service buses, 87,300 three-wheelers, and 84,500 tractors. At 3.02 lakh, the highest number of vehicles were registered at the Pune RTO (Regional Transport Office), followed by 1.26 lakh at Thane RTO and 1.19 lakh at Pimpri-Chinchwad RTO. Pune RTO saw a 3.23 per cent rise in registrations compared to 2.92 lakh in 2023, while Thane and Pimpri-Chinchwad recorded an increase of 12.62 per cent and 7.77 per cent, respectively. Maharashtra Transport Commissioner Vivek Bhimanwar told PTI that they have to frequently open new vehicle registration series at Pune RTO due to high registrations. "A
According to data from the Society of Indian Automobile Manufacturers (Siam), 347,522 PV units were dispatched by original equipment manufacturers (OEMs) in November
Bajaj Auto Ltd on Monday reported a 5 per cent on-year growth in total vehicle sales, including exports, at 4,21,640 units in November. The Pune-based automaker had sold 4,03,003 units in November 2023, according to a company statement. Total domestic sales (including commercial vehicles) declined 7 per cent at 2,40,854 units in the previous month, as compared to 2,57,744 units sold in the same month last year. Total exports during the month under review rose 24 per cent at 1,80,786 units, from 1,45,259 vehicles shipped out to overseas markets in November 2023, according to the statement. The total two-wheeler volume (domestic and exports) in November 2024 stood at 3,68,076 units, an increase of 5 cent over 3,49,048 units sold in the same month of last year, Bajaj Auto said. Domestic two-wheeler sales declined 7 per cent to 2,03,611 units, from 2,18,597 units in November 2023. The two-wheeler exports logged a 26 per cent year-on-year growth at 1,64,465 vehicles in November, as ..