PV Sales
Auto sales preview: Strong retail demand to drive double-digit wholesale growth in February: Report
February's wholesale numbers for domestic auto companies are anticipated to show double-digit growth, led by strong demand and new vehicle launches. Major OEMs like Mahindra & Mahindra and Tata Motors expected to see significant sales boosts.
2 min read26 Feb 2026Hyundai Motor share price falls over 5% in biggest intraday drop in 4 months after 12% decline in June sales
Hyundai Motor share price fell 5.22% to ₹2,123, marking their largest intraday drop in four months, ending a six-day winning streak. This decline follows disappointing June sales figures that were below market expectations, indicating weak demand in the Indian passenger vehicle market.
2 min read2 Jul 2025Maruti Suzuki share price edges higher despite 13.3% drop in domestic PV dispatches in June
Maruti 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 2025May auto sales: PVs flat, CVs steady, 2-wheelers accelerate
Indian auto wholesale figures were mixed in May, with modest growth in PVs and strong demand for two-wheelers. Major manufacturers faced sales declines, particularly in small cars. Despite flat commercial vehicle volumes, some optimism exists for future growth driven by government spending
2 min read3 Jun 2025Nomura lowers PV growth forecast for Q3FY25, upgrades 2W outlook on rural demand revival
Nomura cut India's FY25 passenger vehicle growth estimate to 1% YoY, down from 4%, due to weak demand. In contrast, the two-wheeler industry's growth outlook was raised to 12% YoY, supported by rural recovery and new model launches, including electric variants.
2 min read6 Dec 2024Nifty Auto stocks lose nearly ₹6 lakh crore in market cap amid recent selloff
The combined market capitalisation of all Nifty Auto companies has fallen from a peak of ₹26.74 lakh crore to ₹20.95 lakh crore, marking a decline of ₹5.79 lakh crore.
1 min read14 Nov 2024Hero MotoCorp, Eicher Motors & other two-wheeler stocks tumble up to 6% despite healthy October sales
Shares of two-wheeler manufacturers fell on November 4, despite robust October sales growth. Hero MotoCorp reported an 18% increase in domestic sales, while Eicher Motors saw a 31% rise in Royal Enfield sales.
3 min read4 Nov 2024Tata Motors, Bajaj Auto and 12 other Nifty Auto stocks tumble up to 6%. Here's why
Auto stocks declined on October 29, with the Nifty Auto index falling 2.70% to 23,300 amid concerns of weak Diwali sales due to rising living costs and inflation, affecting consumer spending and inventory levels.
2 min read29 Oct 2024September Auto Sales: 2Ws rev up with double-digit growth, PVs continue to slump
Two-wheeler sales surged in September, driven by electric models and exports, with brands like Bajaj and TVS reporting significant growth. In contrast, passenger vehicle sales declined for the third month in September.
3 min read2 Oct 2024Exide Industries, Tata Motors, M&M, and 7 other auto stocks drop up to 24% from recent highs
Nifty Auto Index closed the first week of September with a 2.47 percent decline, marking its biggest weekly drop since March 2024. The index is now trading 5.5 percent below its recent peak, with all 15 constituents trading below their highs. Exide Industries led the losses, dropping 24 percent.
4 min read9 Sep 2024Wait for it…
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