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.
HMIL has sold over 2 million units in India, and exported 1.3 million units to more than 140 countries.
The top export markets for brand i10 include South Africa, Mexico, Chile and Peru. HMIL stands strong as India's largest exporter of passenger vehicles cumulatively, fortifying its posit
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).
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.
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 company stated that the price increase is necessary to partially offset the impact of rising input costs, with the extent of the hike varying based on the specific model and variant.
The passenger vehicle segment continued its strong performance, achieving its highest-ever February sales. A total of 3,77,689 units were sold, reflecting a 1.9 per cent increase compared to 3,70,786 units in February 2024.
The report cites four key reasons for restricted competition: a stringent electric vehicle (EV) policy, challenges in securing investment approvals for Chinese firms, a small EV market with just two per cent penetration, and the long product localisation cycle of two-four years for global
The tariffs that US President Donald Trump imposed on Chinese goods present a significant opportunity for India, if it does internal reforms to capture a share of what China loses in exports.
In the commercial vehicle (CV) segment, domestic dispatches witnessed a 3 per cent decline year-on-year (YoY) and 1 per cent month-on-month (MoM) in February 2025.
The report mentioned, "According to SIAM and domestic OEMs, domestic PV industry wholesale volumes are expected to grow low single digits yoy (flat yoy growth in FY2025E) in FY2026E, driven by steady growth in the SUV segment due to newer launches and an increase in BEV segment penetration,