New Delhi, June 3 (IANS) Commercial vehicle industry growth is likely to moderate in the short to medium term due to elevated fuel and raw‑material prices, a report said on Wednesday.India’s original equipment manufacturers remain optimistic about long‑term structural drivers such as replacement demand and infrastructure spending, the report from PL Capital said.Auto dispatches in May 2026 showed sustained volume growth across most segments, though some sub‑segments moderated, the report s…
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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 …
New Delhi, April 25 (IANS) India’s commercial vehicle (CV) industry is expected to touch record volume of roughly 12.4 lakh units in fiscal 2027, surpassing the previous peak of fiscal 2019, a report said on Saturday.The industry posted a strong 13 per cent rebound in fiscal 2026, and the high base will lead to moderation in growth to 5–6 per cent in FY27, the report from Crisil Ratings said.Domestic demand will remain supportive, buoyed by infrastructure-led activity, steady replacement dem…
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…