Two Wheeler Market News - Latest Updates & Headlines
Oben Electric ramps up national expansion with 15 new showrooms in four states
New Delhi, April 10: Electric Vehicle startup Oben Electric on Thursday announced expansion by opening an additional 15 new showrooms and service centers in four new states: Punjab, Gujarat, Madhya Pradesh, and Telangana.
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.
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.
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.
Jefferies optimistic on Indian 2-wheeler market, cautious on Ola Electric
New Delhi, Feb 19: Global brokerage Jefferies on Wednesday said it remains optimistic about the two-wheeler industry in India, especially with recent income tax cuts in the Union Budget to boost consumption.
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.
India's 2-wheeler market set to hit new peak next year with 8-10 pc growth
New Delhi, Jan 31: Following an estimated 12-14 per cent surge this fiscal, the India's two-wheeler industry is set to grow by another 8-10 per cent in the upcoming year, a report said on Friday.
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 industry witnesses 11.6% YoY increase in domestic sales in CY 2024: SIAM
New Delhi, January 14: Demonstrating resilience and growth, the domestic automobile sales recorded a surge of 11.6 per cent, standing at over 2.54 crore units in calandar year (CY) 2024, compared to about 2.28 crore, as per the data released by Society of Indian Automobile Manufacturers (SIAM) on Tuesday. As per the data released by the industry body, in December 2024, the sales of Total Passenger Vehicles recorded an increase of 10 per cent from the same period the previous year at 3,14,934 units. According to the data, sales of Total Three Wheelers in December saw an increase of 3.5 per cent at 52,733 units, however, the sales of Total Two Wheelers saw a dip of 8.8 per cent, at 11,05,565 units in the same month
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.
India logs 9.1% jump in automobile sales in 2024 with growth in most segments
New Delhi, January 7: Retail automobile sales in India grew 9.1 per cent in 2024 to 2.61 crore units, defying multiple headwinds like extreme weather, elections, and uneven monsoons.
TVS Motor sales jump 7% in December to 3.2 lakh units
New Delhi, January 2: TVS Motor Company recorded monthly sales of 321,687 units in December 2024 with a growth of 7 per cent as against 301,898 units in the same period last year, the company said in a statement on Thursday.