News for 'Passenger Vehicle Sales'

Auto retail sales dip 4% YoY in July; PVs, two-wheelers see drop in registrations

Auto retail sales dip 4% YoY in July; PVs, two-wheelers see drop in registrations

Rediff.com7 Aug 2025

Domestic automobile retail sales declined 4 per cent year-on-year in July amid drop in demand for passenger vehicles and two-wheelers, dealers' body FADA said on Thursday. Overall registrations dropped to 19,64,213 units last month, as compared to 20,52,759 units in July 2024.

Costs could rise...: Skoda India director on shipping disruptions

Costs could rise...: Skoda India director on shipping disruptions

Rediff.com6 Apr 2026

'So far our production is not affected. But every day the situation prolongs, it does bring risks in terms of shipments getting delayed.'

Indian Cars Race Abroad as Home Sales Stall

Indian Cars Race Abroad as Home Sales Stall

Rediff.com3 Oct 2025

Between April and August this financial year, passenger car exports rose 8.5 per cent year-on-year (Y-o-Y), while domestic sales fell by 8.5 per cent.

First-time luxury buyers power BMW to record sales

First-time luxury buyers power BMW to record sales

Rediff.com19 Jan 2026

The share of first-time luxury customers in BMW's portfolio has risen sharply -- from around 43 per cent in 2024 to nearly 49 per cent in 2025. In some models, the figure is even higher.

PV sales in June skid 7% on heatwave woes

PV sales in June skid 7% on heatwave woes

Rediff.com5 Jul 2024

Passenger vehicle retail sales in India witnessed a 7 per cent on-year decline in June as severe heatwave conditions resulted in 15 per cent less showroom walk-ins, industry body FADA said on Friday. Overall passenger vehicle registrations stood at 2,81,566 units last month, as compared to 3,02,000 units in June 2023. "Despite improved product availability and substantial discounts aimed at stimulating demand, market sentiment remains subdued due to extreme heat resulting in 15 per cent less walk-ins and delayed monsoons," the Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.

Electric PV sales more than double in September; Tata Motors leads

Electric PV sales more than double in September; Tata Motors leads

Rediff.com9 Oct 2025

Electric passenger vehicle (PV) retail sales jumped more than twofold in September with Tata Motors (TaMo) leading the pack having over 6,000 registrations and a 40 per cent market share.

Utility vehicle demand aids highest-ever January PV dispatch: SIAM

Utility vehicle demand aids highest-ever January PV dispatch: SIAM

Rediff.com13 Feb 2025

Passenger vehicle dispatches from companies to dealerships witnessed an increase of 1.6 pc year-on-year in January at 399,386 units driven by robust demand for utility vehicles, industry body SIAM said on Thursday. It was the highest-ever passenger vehicle dispatch for the month of January.

Tesla Stalls in India as BYD, VinFast Race Ahead

Tesla Stalls in India as BYD, VinFast Race Ahead

Rediff.com10 Apr 2026

Despite India's electric passenger vehicle market experiencing an 83.6% year-on-year surge in FY26, new foreign entrants VinFast and BYD have significantly outpaced Tesla, which struggles with high import duties, a limited retail footprint, and a lack of local manufacturing commitment.

Maruti Suzuki, Hyundai sales drop due to weak demand in July

Maruti Suzuki, Hyundai sales drop due to weak demand in July

Rediff.com1 Aug 2024

Leading carmakers Maruti Suzuki and Hyundai on Thursday reported a dip in wholesales in July as companies reduced vehicle dispatches to dealers amid moderation in demand. Maruti Suzuki India said its total domestic passenger vehicle sales stood at 137,463 units in July against 152,126 units in the year-ago month, down 9.64 per cent.

8 TopSelling Cars In India: Maruti Dominates The Charts

8 TopSelling Cars In India: Maruti Dominates The Charts

Rediff.com17 Feb 2026

In 2025, the Maruti Suzuki Dzire has emerged as India's top-selling car, while sport utility vehicles continue to rule the broader passenger vehicle market, capturing almost 55 per cent of the segment.

Automobile retail sales up 7.71% at 2,81,61,228 units in 2025: FADA

Automobile retail sales up 7.71% at 2,81,61,228 units in 2025: FADA

Rediff.com6 Jan 2026

Retail sales of vehicles across categories in India in 2025 grew by 7.71 per cent at 2,81,61,228 units as compared to 2,61,45,445 in 2024, with GST 2.0 helping overcome a subdued start to the year, Federation of Automobile Dealers Associations said on Tuesday.

Automobile retail sales up 5% in June; PVs, two-wheelers see growth

Automobile retail sales up 5% in June; PVs, two-wheelers see growth

Rediff.com7 Jul 2025

Automobile retail sales in India rose around 5 per cent year-on-year in June with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth, Federation of Automotive Dealers Associations (FADA) said on Monday.

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Rediff.com8 May 2026

Maruti Suzuki India's shares gained over 2.5 per cent after a strong March-quarter performance, with analysts maintaining a positive medium-term outlook driven by buoyant domestic market volumes, capacity expansion, and export growth, despite anticipated near-term margin pressures from higher commodity prices and startup costs.

Powered by utility vehicles, PV dispatches to dealers increased 9% in August: SIAM

Powered by utility vehicles, PV dispatches to dealers increased 9% in August: SIAM

Rediff.com11 Sep 2023

Passenger vehicle wholesales in India rose 9 per cent year-on-year in August on the back of strong demand for utility models, industry body SIAM said on Monday. Overall passenger vehicle dispatches to dealers rose to 359,228 units last month from 328,376 units in August 2022. Utility vehicle sales increased 34 per cent year-on-year to 181,825 units.

Robust demand helps auto retail sales surge 13% in February

Robust demand helps auto retail sales surge 13% in February

Rediff.com7 Mar 2024

Automobile retail sales in India rose 13 per cent year on year in February with all the segments, including passenger vehicles and two-wheelers, witnessing robust offtake, dealers' body FADA said on Thursday. Overall retail sales stood at 20,29,541 units last month as compared to 17,94,866 units in the year-ago period. Passenger vehicle sales grew 12 per cent to 3,30,107 units last month as against 2,93,803 units in February 2023.

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

Rediff.com30 Mar 2026

Vietnamese automobile major VinFast is rapidly expanding its retail network in India, aiming for 75 dealerships across 60 cities by the end of 2026, while also building a comprehensive EV ecosystem.

Motown in slow lane: Sales of top 3 automakers down

Motown in slow lane: Sales of top 3 automakers down

Rediff.com1 Oct 2024

Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid a decline in demand. Maruti Suzuki India reported a 4 per cent dip in total domestic passenger vehicle wholesales last month to 144,962 units compared to 150,812 units in the year-ago month. The auto major said sales of mini segment cars, comprising Alto and S-Presso, grew marginally to 10,363 units against 10,351 units in September 2023.

GST 2.0 boosts petrol-diesel car sales over EVs

GST 2.0 boosts petrol-diesel car sales over EVs

Rediff.com10 Dec 2025

While GST on ICE vehicles was brought down significantly, for electric cars it remained at 5 per cent.

PV inventory at record high; auto retail sales dip 9%

PV inventory at record high; auto retail sales dip 9%

Rediff.com7 Oct 2024

Automobile retail sales in India declined 9 per cent year-on-year in September amid a massive buildup of passenger vehicle inventory due to sluggish demand, dealer's body FADA said on Monday, urging original equipment manufacturers to take corrective steps. The overall registrations declined to 17,23,330 units last month from 18,99,192 units in September 2023, as most of the categories including passenger vehicles and two-wheelers witnessed a year-on-year (Y-O-Y) drop.

Maruti Suzuki, Hyundai record single-digit sales growth in July

Maruti Suzuki, Hyundai record single-digit sales growth in July

Rediff.com1 Aug 2023

Maruti Suzuki India and Hyundai reported single-digit sales growth in July with the sports utility segment continuing to drive overall demand in the market. Mahindra & Mahindra witnessed a 29 per cent increase in passenger vehicle dispatches while Tata Motors saw a marginal increase in the wholesales last month. Maruti Suzuki on Tuesday said its total domestic passenger vehicle sales stood at 152,126 units last month as compared to 142,850 units in the year-ago month, a growth of 6 per cent.

Auto retail sales log 10% growth in July: FADA

Auto retail sales log 10% growth in July: FADA

Rediff.com7 Aug 2023

Auto mobile retail sales in India witnessed a 10 per cent annual growth in July driven by robust sales across passenger vehicles, two-wheelers and commercial vehicles, industry body FADA said on Monday. Total retail sales across segments rose to 17,70,181 units last month, as compared to 16,09,217 units in July 2022. Passenger vehicle sales saw an increase of 4 per cent to 284,064 units last month, as compared to 273,055 units in the year-ago period, the Federation of Automobile Dealers Associations (FADA) said in a statement.

JLR cyberattack hit TaMo PV Q2 showing; FY26 outlook cut

JLR cyberattack hit TaMo PV Q2 showing; FY26 outlook cut

Rediff.com15 Nov 2025

Tata Motors Passenger Vehicles (TMPV) on Friday reported a 13 per cent year-on-year (Y-o-Y) decline in consolidated revenue from operations for the second quarter of 2025-26 (Q2FY26), largely due to the cyberattack on its subsidiary Jaguar Land Rover (JLR) in late August that forced a shutdown of its manufacturing operations for over five weeks.

Operation Sindoor casts shadow on car sales in May

Operation Sindoor casts shadow on car sales in May

Rediff.com9 Jun 2025

Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

Auto retail sales rise 9% in 2024 despite multiple headwinds: FADA

Auto retail sales rise 9% in 2024 despite multiple headwinds: FADA

Rediff.com7 Jan 2025

Automobile retail sales grew 9 per cent year on year in 2024 riding on the back of robust demand for two-wheelers and passenger vehicles amid challenging business environment, dealers' body FADA said on Tuesday. Overall vehicle registrations stood at 2,61,07,679 units last year as compared to 2,39,28,293 units in the 2023 calendar year, recording a growth of 9 per cent.

BMW Beats Mercedes, But Is This a Turning Point?

BMW Beats Mercedes, But Is This a Turning Point?

Rediff.com9 Apr 2026

BMW India has outpaced rival Mercedes-Benz India in luxury car registrations for the first quarter of calendar year 2026, driven by new product launches and a growing electric vehicle segment, even as the overall luxury car market remains largely flat.

Car sales on slow lane in FY25 amid weak urban demand

Car sales on slow lane in FY25 amid weak urban demand

Rediff.com4 Apr 2025

Sluggish urban demand, a high base effect, and weak sales of hatchbacks and sedans weigh down passenger vehicle sales in FY25.

Will Cheaper European Cars Hurt Indian Automakers?

Will Cheaper European Cars Hurt Indian Automakers?

Rediff.com16 Feb 2026

Speculation about rising competition from global majors has led to shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors taking a hit on the BSE.

Despite 6.6% growth, auto dealers have mixed expectations

Despite 6.6% growth, auto dealers have mixed expectations

Rediff.com6 Feb 2025

The Indian automobile retail sector saw a strong start to 2025, with overall sales increasing by 6.6 per cent year-on-year (YoY) in January, according to the latest report by the Federation of Automobile Dealers Associations (FADA). Despite the positive numbers, the association noted that auto dealers have mixed expectations for the coming months. Nearly half (46 per cent) anticipate further growth in sales, while 43 per cent believe sales will remain steady.

Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

Rediff.com12 Apr 2024

Passenger vehicle wholesales in India touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent on the back of robust demand for utility vehicles, industry body SIAM said on Friday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), the overall passenger vehicle dispatches stood at 38,90,114 units in fiscal year 2022-23. Two-wheeler sales were up 13.3 per cent last fiscal at 1,79,74,365 units, as compared to 1,58,62,771 units in the financial year 2022-23.

Auto Sales May Extend Past Diwali Thanks to GST Cut

Auto Sales May Extend Past Diwali Thanks to GST Cut

Rediff.com16 Oct 2025

The demand for passenger vehicles (PVs) is expected to sustain even beyond the ongoing festival season as a new set of customers, those who gained confidence to buy cars following the recent GST rate cuts, will begin to visit dealerships now, said Shailesh Chandra, president of the Society of Indian Automobile Manufacturers (Siam), on Wednesday.

Hyundai falls behind M&M, Tata Motors in Feb retail sales: FADA

Hyundai falls behind M&M, Tata Motors in Feb retail sales: FADA

Rediff.com6 Mar 2025

Long standing number two passenger vehicle maker in India, Hyundai Motor India, has slipped to fourth position in the domestic market in terms of retail sales last month behind Maruti Suzuki India, Mahindra & Mahindra and Tata Motors, as per the latest data shared by dealer's body FADA. Hyundai Motor India clocked retail sales of 38,156 units last month, a dip of 20 per cent as compared with 47,540 units in February last year.

Auto retail sales soar to record high in festive season: FADA

Auto retail sales soar to record high in festive season: FADA

Rediff.com28 Nov 2023

Driven by robust demand, automobile retail sales in India rose to a record high this festive season with all segments, barring tractors, reporting year-on-year growth, dealers' body FADA said on Tuesday. Overall automobile sales rose 19 per cent to 37,93,584 units in the 42-day festive period this year as compared with 31,95,213 units last year. During the period, which starts from the first day of Navratri and ends 15 days after Dhanteras, passenger vehicle retail sales rose to 5,47,246 units, up 10 per cent from 4,96,047 units in the same period last year.

Maruti, Hyundai's PV dispatches dip in May

Maruti, Hyundai's PV dispatches dip in May

Rediff.com2 Jun 2025

Maruti Suzuki and Hyundai Motor India on Monday reported a dip in passenger vehicle dispatches to dealers in the domestic market last month as the companies tried to adjust vehicle inventory amid slowing demand. Maruti Suzuki India said it "calibrated supplies" to the dealers, aligning with the industry's retail sales projections amid India-Pakistan conflict and a dip in sales of entry-level cars.

Earnings upgrade to downgrade ratio improved after Q3

Earnings upgrade to downgrade ratio improved after Q3

Rediff.com3 Apr 2026

There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.

Strong SUV offtake, wedding season drive PV retail sales to record high in January: FADA

Strong SUV offtake, wedding season drive PV retail sales to record high in January: FADA

Rediff.com13 Feb 2024

Passenger vehicle retail sales rose to a record high in January driven by robust demand for sports utility vehicles, dealers' body FADA said on Tuesday. Passenger vehicle (PV) sales rose to 3,93,250 units last month, registering a jump of 13 per cent from 3,47,086 units sold in January 2023. "SUV demand along with the introduction of new models, greater availability, effective marketing, consumer schemes and the auspicious wedding season underpinned this strong performance," Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.

Auto sales decline for 2nd consecutive month in August

Auto sales decline for 2nd consecutive month in August

Rediff.com1 Sep 2024

Leading automakers Maruti Suzuki, Hyundai and Tata Motors reported decline in wholesales in August as the companies curtailed vehicle dispatches amid drop in demand and to cut inventories at dealer level. Market leader Maruti Suzuki India said its total domestic passenger vehicle wholesales were at 143,075 units last month as compared to 156,114 units in the year-ago month, registering a dip of 8 per cent. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,648 units last month as against 12,209 units a year ago.

2 Years On, Automakers Still Waiting For Govt to Clear FAME-II Dues

2 Years On, Automakers Still Waiting For Govt to Clear FAME-II Dues

Rediff.com16 Apr 2026

Under FAME-II, automakers provided subsidies to electric vehicle (EV) customers at the time of purchase, with the understanding that the government would reimburse the firms later.

Tyre stocks to ride demand, margin tailwinds; global risks may bite

Tyre stocks to ride demand, margin tailwinds; global risks may bite

Rediff.com5 Jan 2026

Shares of tyre manufacturers have outperformed broader equity benchmarks, buoyed by multiple tailwinds. Softer raw material prices, an uptick in demand from automakers following the reduction of the goods and services tax (GST) rates, and steady replacement demand have lifted sentiment toward the sector.

Auto, ancillary sectors to see strong earnings momentum

Auto, ancillary sectors to see strong earnings momentum

Rediff.com19 Jan 2026

The automobile and auto-ancillary sector is expected to show strong Q3FY26 results, aided by festival-led demand, rationalisation in goods and services tax (GST) rates for select categories of vehicles, easing interest rates, and improving rural sentiment.