JSW MG Motor India surpassed $1 billion in revenue in FY25, but saw its losses nearly double to ₹1,096 crore. The company, a joint venture with SAIC, has seen a significant rise in EV sales, becoming India's second-largest electric vehicle maker after Tata Motors.
4 min read7 Jan 2026BYD Company surpassed Tesla in electric car sales in Germany and the UK in 2025, marking a significant shift in the automotive industry. Details here.
1 min read6 Jan 2026In December, PV sales surged as major manufacturers reported double-digit growth, driven by SUV demand, discounts, GST rate cuts, and a wedding season boost. Mahindra, Maruti Suzuki, and Tata Motors saw significant increases in dispatches, while Hyundai's sales declined.
2 min read2 Jan 2026Car registrations barely grew between January and September 2025, compared to the same period last year. But a turnaround in October and an unusually strong November suggest a recovery may be taking hold.
2 min read11 Dec 2025In November, Motilal Oswal expects double-digit growth in wholesale numbers across various vehicle segments. Royal Enfield and TVS Motor are projected to lead in two-wheelers, while Mahindra & Mahindra is expected to drive growth in passenger vehicles amid a recovering market.
2 min read28 Nov 2025Hyundai Motor India share price fell 2.7% to ₹2,275, losing 21% from its peak in September. Despite a strong rally earlier, the stock has closed lower in six of the last eight weeks. Analysts have mixed ratings, highlighting concerns over future growth and market share ambitions.
2 min read21 Nov 2025GST reforms have boosted consumer spending during the festive season, with an 8.5% increase in sales compared to last year, amounting to ₹6 trillion. Major tax cuts led to increased demand for cars, kitchenware, and other goods, though some businesses faced supply chain disruptions.
2 min read3 Nov 2025Maruti Suzuki India volumes remained largely stable, slipping 0.6% YoY to 180,683 units. A strong 40.5% YoY growth in exports was offset by a 7.5% YoY drop in domestic sales. Hyundai Motor India reported a 4.2% YoY decline in PV sales, while Tata Motors' volumes fell 2.6% YoY to 43,315 units.
2 min read2 Sep 2025With auto sales slowing for a second year, the proposed GST revamp has raised hopes of lower prices and a demand revival.
2 min read31 Aug 2025Maruti Suzuki's shares rose nearly 1% to ₹12,560 despite a 13.3% decline in domestic passenger vehicle sales to 1,18,906 units in June. Entry-level car sales dropped 32%, prompting production cuts, while exports grew 22% amid ongoing global economic uncertainty.
2 min read2 Jul 2025