India's passenger vehicle (PV) dealerships are set to clock high single-digit revenue growth in fiscal 2025, buoyed by a 4-6 per cent increase in sales volume and a 3-4 per cent rise in average realisations, according to a report by market intelligence firm Crisil Ratings.
Tata Motors Limited on Thursday reported a 7 per cent decline in total domestic sales with 70,963 units sold in the month of April of the current year.
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).
According to the Federation of Automobile Dealers Association (FADA), IMD's warning of intense heatwaves looms over consumer footfall and infrastructure activity, while renewed tariff tensions on the international stage add market volatility and rattle automobile buyer sentiment.
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.
The Indian stock markets are expected to closely monitor foreign institutional investor (FII) flows, sectoral insights from auto sales data, banking performance, updates on US tariff policies, and US PCE inflation data, as these factors could influence expectations regarding the US Fed's rat
The challenging time which persisted due to the contraction of the economic growth seems to be over, as new orders, agri exports, rural wages, Index of Industrial Production (IIP), steel production, auto sales and tax collections have picked up after a weak third quarter calendar year 2024,
The Indian automobile retail sector saw a strong start to 2025, with overall sales increasing by 6.6 per cent year-on-year (YoY) in January, according to the latest report by the Federation of Automobile Dealers Associations (FADA).
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.
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.
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.