Passenger Vehicles News - Latest Updates & Headlines
India's passenger vehicle sales hit record high at 43 lakh units in FY24-25, utility vehicles driver of growth: SIAM
New Delhi, April 15: Passenger vehicle sales in India reached an all-time high of 4.3 million units in the financial year 2024-25, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
Auto sales in March to remain positive for 2-wheelers and PVs, CVs sales may decline: Nuvama Report
New Delhi, March 28: Vehicle sales growth in March 2025 is expected to remain positive for two-wheelers (2Ws) and passenger vehicles (PVs), while commercial vehicles (CVs) may see a marginal decline, according to a report by Nuvama.
Passenger vehicle sales surge to record high in February: SIAM
New Delhi, March 13: The Indian automobile industry registered record passenger vehicles sales, which includes cars and SUVs, in February this year along with a strong growth in the three-wheeler segment, according to data from the Society of Indian Automobile Manufacturers (SIAM) released on Thursday.
Passenger Vehicles made record sales in Feb, two-wheelers showed 9% decline in sales: SIAM
New Delhi, March 13: The Society of Indian Automobile Manufacturers (SIAM) has released the performance report for the Indian auto industry of February 2025, which shows a mixed trend across different vehicle segments, with passenger vehicles and three-wheelers posting growth, while two-wheelers recorded a decline.
India's passenger vehicle sales to cruise in fast lane in 2025-26: Report
New Delhi, Feb 28: Passenger vehicle sales in India are expected to clock a 4-7 per cent growth in 2025-26, with most demand drivers remaining neutral or favourable, according to a new report.
Passenger Vehicles set for modest growth, Two Wheelers stay strong in FY2026: Report
New Delhi, February 26: India's automobile sector is expected to witness a mixed performance in FY2026, with moderate growth in passenger vehicles (PVs), steady demand for two-wheelers (2Ws), and continued momentum in the tractor segment, according to Kotak Institutional Equities report
India's auto industry set for moderate growth; Premium/SUVs to do better than mass segment: Report
New Delhi, February 21: India's passenger vehicle (PV) industry is expected to grow steadily over the next three years, according to a report by Nomura.
India's passenger vehicle industry to see modest 1.5 pc growth in FY25: Report
New Delhi, February 4: India's passenger vehicle (PV) industry is expected to witness low single-digit growth in FY25, with forecasts indicating a modest 1.5 per cent year-on-year (y-o-y) growth due to subdued demand, according to Nomura report.
Income tax cuts in union budget to boost 2-wheeler and passenger vehicle sales: Jefferies
New Delhi, February 4: Union Budget raising the income tax exemption limit to Rs 12 lakh is expected to give a big boost to the demand of 2-wheelers (2Ws) and passenger vehicles (PVs) according to a report by the global brokerage firm Jefferies.
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.