New Delhi, April 3 (IANS) The passenger vehicle industry in India is estimated to report wholesale volume growth of around 7-9 per cent in FY26, supported by strong festive demand, GST rate cuts and multiple new model launches, a report showed on Friday.The growth is expected to moderate to 4-6 per cent in FY2027, largely due to the high base and evolving macroeconomic conditions, according to credit rating agency ICRA.The report expects growth across India’s passenger vehicle (PV) and tractor…
Latest Utility Vehicles News & Updates
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…
Mumbai, Feb 1 (IANS) Indian automobile manufacturer Mahindra & Mahindra Ltd. on Sunday said the company’s overall auto sales, including exports, stood at 1,04,309 vehicles in January 2026, surging 24 per cent year‑on‑year.Sports utility vehicle (SUV) domestic sales touched 63,510 units in January, up 25 per cent, while commercial vehicle domestic sales were 27,656 units, up 22 per cent, a company release said.The total exports for January were 3,577 vehicles, up 5 per cent YoY, and whi…