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Domestic passenger vehicle sales rise 11% in February: SIAM

Money Control

Money Control · 1y ago

Domestic passenger vehicle sales rise 11% in February: SIAM

According to the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle sales in India increased by 11% in February compared to the same month last year. The growth was driven by the demand for sports utility vehicles (SUVs). The total number of passenger vehicles delivered to dealers reached 370,786 units, marking the highest-ever sales for February. Additionally, two-wheeler sales rose by 35% to 1,520,761 units, while three-wheeler sales also saw an increase. The positive performance is attributed to the country's strong GDP growth in the third quarter of the fiscal year 2023-2024.

Related News

Domestic passenger vehicle sales grew 1.9% to 3,77,689 units in Feb: SIAM

Business Today

Business Today · 4m ago

Domestic passenger vehicle sales grew 1.9% to 3,77,689 units in Feb: SIAM

In February 2025, domestic passenger vehicle sales in India grew by 1.9% to 377,689 units, according to SIAM. While three-wheeler sales increased by 4.7% to 57,788 units, two-wheeler sales saw a decline of 9%, totaling 1,384,605 units. Additional declines were noted in e-rickshaw (50.9%), scooter (0.5%), motorcycle (13.1%), and moped (18.2%) sales. However, SIAM anticipates potential demand growth during upcoming festive seasons like Holi and Ugadi.

Tata Motors sales rise 8% to 86,406 units in February; PV sales up 19% YoY

Livemint

Livemint · 1y ago

Tata Motors sales rise 8% to 86,406 units in February; PV sales up 19% YoY

Tata Motors reported an 8.4% increase in total wholesales to 86,406 units in February, compared to 79,705 units in the same month last year. Domestic sales rose by 9% to 84,834 units. Passenger vehicle sales, including electric vehicles, in the domestic market grew by 19% to 51,321 units, while commercial vehicle sales fell 4% to 35,085 units. Tata Motors' improving financials and rising sales have led to a rally in its stock, which has gained over 11% in the past month and more than 39% in three months.

Tata Motors total domestic sales rise to 90,822 units in March

Thehindubusinessline

Thehindubusinessline · 1y ago

Tata Motors total domestic sales rise to 90,822 units in March

Tata Motors reported a 2% increase in its domestic wholesales in March, with total domestic wholesales reaching 90,822 units. The company's passenger vehicle sales, including electric vehicles, in the domestic market rose by 14% to 50,297 units, while commercial vehicle dispatches declined by 10% to 40,712 units. For the fiscal year ending March 31, 2024, Tata Motors' total domestic wholesales reached 9,49,015 units, a 2% increase from the previous fiscal year. The company's passenger vehicle sales for the fiscal year stood at 5,73,495 units, a 6% rise, while commercial vehicle dispatches declined by 4% to 3,78,060 units.

Tata Motors total sales marginally down at 82,682 units in Oct

Money Control

Money Control · 9m ago

Tata Motors total sales marginally down at 82,682 units in Oct

Tata Motors reported a slight decline in their domestic and international sales for October. Total domestic sales were marginally up, while overall passenger vehicle sales, including electric vehicles, were slightly down compared to the same period last year. Domestic passenger vehicle sales also saw a decline. Commercial vehicle sales for the company also decreased compared to October 2022.

Tata Motors Shares Play Red Light-Green Light After April Domestic Sales Fell 7%

OutlookIndia

OutlookIndia · 2m ago

Tata Motors Shares Play Red Light-Green Light After April Domestic Sales Fell 7%

Tata Motors reported a 7% decline in overall domestic sales in April, selling 72,753 vehicles compared to 77,521 the previous year. Both commercial and passenger vehicle sales fell, with commercial vehicle sales dropping by 8% and passenger vehicles by 5%. Notably, the electric passenger vehicle sales witnessed a significant 16% decline. Despite initial stock drops, Tata Motors shares rebounded slightly. Meanwhile, competitor Maruti Suzuki recorded a 7% sales growth, including exports.

M&M auto sales rise 16% YoY to 87,839 units in September; tractor sales up 2%; stock gains | Mint

Livemint

Livemint · 10m ago

M&M auto sales rise 16% YoY to 87,839 units in September; tractor sales up 2%; stock gains | Mint

- Mahindra & Mahindra reported a 16% rise in total auto sales for September 2024 compared to the same month last year, with a total of 87,839 vehicles sold. - Passenger vehicle sales in the domestic market witnessed a growth of 24% with 51,062 units sold in September 2024. - Commercial vehicle sales increased by 6% to 33,750 units in September 2024. - M&M's exports also saw growth, with a 25% increase in September, totaling 3,027 units. - In the Farm Equipment Sector, M&M reported a 2% rise in total tractor sales, with 44,256 units sold in September 2024. - Domestic tractor sales increased by 3% to 43,201 units, while exports declined by 10% to 1,055 units in September 2024.

Mahindra & Mahindra records 16% increase in December sales; PV sales up 22% and SUV up 18%

Livemint

Livemint · 7m ago

Mahindra & Mahindra records 16% increase in December sales; PV sales up 22% and SUV up 18%

Mahindra & Mahindra reported a 16% rise in overall automotive sales in December, totaling 69,768 units. The company saw 18% growth in the utility vehicle segment domestically, selling 41,424 vehicles. In the passenger vehicle segment, exports increased by 22%. The farm equipment sector recorded a 22% increase in domestic tractor sales. The company also achieved a top ranking in the Dow Jones Sustainability Index for ESG performance in the auto sector worldwide.

EV sales in India rise 28.6% to 1,80,238 in June: FADA

Economic Times

Economic Times · 1m ago

EV sales in India rise 28.6% to 1,80,238 in June: FADA

Electric vehicle sales in India increased by 28.6% in June, reaching 180,238 units, driven by a significant rise in electric passenger vehicles, according to the Federation of Automobile Dealers' Association. Electric passenger vehicle sales saw a 79.95% year-on-year increase. Electric two-wheelers also grew by 31.69%, while electric commercial vehicle sales more than doubled. This growth is attributed to the PM e-Drive Scheme's initiatives to enhance accessibility and affordability for electric vehicles, encouraging widespread consumer adoption.

PV sales continue on upward trajectory in February

Money Control

Money Control · 1y ago

PV sales continue on upward trajectory in February

Passenger vehicle (PV) sales in India have continued to rise for the second consecutive month in 2024, with carmakers delivering approximately 373,177 units to dealers. This marks the highest auto wholesales for February in any year, driven by strong demand for SUVs, positive consumer sentiment, increased availability of waitlisted models, and new rollouts. Overall, PV sales have increased by 11.3% year-on-year, reaching a total of 3,859,000 units for the April 2023-February 2024 period. Maruti Suzuki India, Hyundai Motor India, M&M, Tata Motors, MG Motor India, and Toyota Kirloskar Motor reported positive sales growth.

‘Buoyant Bharat’ boosts passenger vehicle & two-wheeler sales growth in February

Thehindubusinessline

Thehindubusinessline · 1y ago

‘Buoyant Bharat’ boosts passenger vehicle & two-wheeler sales growth in February

In February 2024, passenger vehicle (PV) sales in India saw growth, driven by robust demand for new models. Maruti, Hyundai, Tata, Mahindra, Toyota, and Honda all reported an increase in wholesale numbers. Maruti's domestic sales grew by 9%, with SUVs performing well, while Hyundai reported a 7% growth and saw increased rural penetration. Tata Motors' PV sales increased by 20%, led by strong SUV sales. In the two-wheeler segment, Hero MotoCorp witnessed a 19% increase in sales, while TVS Motor and Bajaj Auto reported growth as well. However, commercial vehicles and tractor sales declined during the same period.

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