ICRA Limited expects the Indian Passenger Vehicle industry to witness 4–6% volume growth in FY2027, supported by sustained demand momentum, improving affordability following GST rate cuts, and continued traction in utility vehicles. The moderation growth in passenger vehicle wholesale volumes recorded a strong 27% year-on-year growth in May 2026, reaching 4.4 lakh units, while retail sales grew 33% YoY, […]
Despite an above-normal heatwave, rising fuel prices, and tensions in West Asia, India’s automobile retail market delivered its best-ever May performance across multiple segments — a testament to the resilience of underlying demand. May is rarely the auto industry’s favourite month. The heat drives people away from showrooms, the wedding season winds down, and the […]
India’s automotive industry had a strong May 2026, with several manufacturers recording their highest-ever monthly sales across passenger vehicles, two-wheelers, and commercial vehicles. Electric vehicle sales stood out as a key highlight, with multiple players reporting sharp growth — reflecting the accelerating shift toward cleaner mobility. While the overall demand environment remained healthy, rising input […]
Toyota Kirloskar Motor (TKM) today announced its sales performance for the month of January 2026, with the total sales of 33,880 units compared to 29,371 units sold in January 2025. This includes 30,630 units sold in domestic market while 3,250unitswere exported, reflecting sustained customer demand across key models and TKM’s continued commitment to delivering reliable, […]
The Federation of Automobile Dealers Associations (FADA) has released Vehicle Retail Data for the 42-days festive period. Festive Period Retails Commenting on 42-days festive period (from 1st day of Navratri to 15 days post Dhanteras) retails, FADA President, Mr. C S Vigneshwar said, “I am delighted to announce that the automobile retail sector has achieved a new milestone, surpassing […]