New Delhi, May 5 (IANS) The Indian auto retail industry opened FY27 on an exceptionally strong note, retailing a record 26,11,317 units in April — a 12.94 per cent growth, the Federation of Automobile Dealers Associations (FADA) data showed on Tuesday.Two-wheeler retails continued their robust momentum, reaching 19,16,258 units last month, the best-ever April for this category. The demand engine remained broad-based with urban markets growing 14.07 per cent (on-year) and rural markets growing …
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New Delhi, May 2 (IANS) India’s auto sector saw a demand‑led but uneven recovery in FY26, driven by urban market demand and premiumisation while rural demand saw some headwinds, a new report has said.The report from Deloitte India said two‑wheelers led the recovery, with wholesale volumes up 10.7 per cent year‑on‑year and retail sales rising 13.4 per cent.Passenger vehicles continued the premiumisation trend, with mid-size entry segments gaining share and traditional entry-level segmen…
New Delhi, May 1 (IANS) India’s automobile sector has kicked off FY27 on a robust note, led by a standout performance from Tata Motors, which edged ahead of Mahindra and Mahindra in the passenger vehicle segment for April 2026. Tata Motors reported a 31.1 per cent year-on-year (YoY) jump in passenger vehicle sales to 59,701 units during the month.Domestic sales accounted for the bulk of this growth, rising 30.5 per cent to nearly 59,000 units, while exports more than doubled, albeit on a lower…
Mumbai, April 7 (IANS) To ensure that customers receive secure services through online platforms, gig, and delivery workers, Maharashtra Labour Minister Akash Phundkar on Tuesday directed the formulation of a comprehensive framework. The emphasis will be on worker verification to ensure services are flawless, safe, and within the legal framework. These instructions were issued during a joint meeting of the Labour and Home Departments.Various delivery and service-providing companies appoint deliv…
New Delhi, April 6 (IANS) The Indian auto retail industry delivered an all-time high of 2,96,71,064 units in FY26 with a broad-based 13.30 per cent growth (year-on-year), that saw five of six vehicle categories set new annual records, data released by the Federation of Automobile Dealers Associations (FADA) said on Monday.This represents the domestic auto industry approaching the 3-crore mark in a financial year, a milestone that would have seemed distant just two years ago. “What makes this y…
New Delhi, April 3 (IANS) The cost pressures facing Indian auto companies are being systematically underestimated by the market, even as investor sentiment on India has taken a distinctly more cautious turn, according to a report released on Friday.A BNP Paribas analysis found investors reluctant to take a clear directional position on the market. Hedge funds were largely removing tilts and factor exposures from their portfolios, with several actively reducing gross exposure.The rapid reversal o…
New Delhi, April 1 (IANS) Indian prominent automobile manufacturer Mahindra & Mahindra on Wednesday announced that overall auto sales for March 2026 stood at 99,969 vehicles, marking a growth of 21 per cent including exports.Utility Vehicles domestic sales touched 60,272 units in March, up 25 per cent, while overall UV sales including exports reached 62,109 units. Domestic Commercial Vehicles sales for the month were 24,928, marking a growth of 11 per cent.The company reported year‑to‑da…
New Delhi, March 27 (IANS) India’s automobile sector growth is likely to moderate in FY27 after a strong, policy‑led expansion in FY26, with demand having benefited from GST cuts, improved affordability and resilient economic activity, a report said on Friday.The report from ICRA said GST changes primarily drove the demand, by improving affordability in two‑wheelers and enhancing fleet economics in commercial vehicles.The commercial vehicle segment led the upcycle aided by GST rate cuts, h…
New Delhi, March 20 (IANS) Leading automobile manufacturer Tata Motors Passenger Vehicles Limited (TMPV) on Friday announced a price increase of 0.5 per cent across its passenger vehicle (ICE) portfolio, effective April 1, 2026.”The weighted average price increase will be 0.5 per cent of the internal combustion engine (ICE) portfolio and the extent will vary across models and variants,” the company said in a statement.The company said that price increase is being undertaken to partially offset t…
New Delhi, March 5 (IANS) India’s retail vehicle sales registered a strong 25.62 per cent year-on-year growth at 24.09 lakh units in the month of February — surpassing the previous best February of 2024, the Federation of Automobile Dealers Associations (FADA) said on Thursday.The growth was broad-based across almost all segments. On an annual basis, the two-wheeler segment grew by 25.02 per cent, three-wheelers by 24.39 per cent, passenger vehicles by 26.12 per cent and commercial vehicle…