Indian Automobile Industry News - Latest Updates & Headlines
Passenger vehicle sales in India hit record high of 43 lakh units in FY25: Report
New Delhi, April 15: India’s auto industry achieved a new milestone in the financial year ending March 2025, with passenger vehicle sales rising to a record 43 lakh units, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
Two wheelers and tractor sales show streghth, CVs and PV segment exhibit mixed trend
New Delhi, April 2: The Indian automobile industry witnessed mixed trends in March 2025, with strong performances in the two-wheeler (2W) and tractor segments, while commercial vehicles (CVs) and passenger vehicles (PVs) exhibited varied outcomes.
Tata Motors to hike commercial vehicle prices by up to 2% from April 2025
Mumbai, March 17: Tata Motors, India's largest commercial vehicle manufacturer, has announced a price increase of up to 2 per cent across its commercial vehicle lineup, effective April 1, 2025.
India's automobile sales surge 11.6 pc to record 2.5 crore units in 2024
New Delhi, Jan 14: India’s automobile sales surged by a robust 11.6 per cent in 2024 to scale the highest-ever mark of 2.5 crore units compared to the corresponding figure of 2.3 crore units in the previous year, according to wholesale data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.
Auto sector gloom may continue in 3Q FY25, slowest growth of 11 quarters projected: Report
New Delhi, January 8: The auto sector's earnings growth in the third quarter of FY25 is projected to rise by only 3 per cent year-on-year (YoY), marking the slowest pace in the last 11 quarters, according to a report by Motilal Oswal Financial Services.