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EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADA
Electric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past twelve percent for the first time, says the Federation of Automobile Dealers Associations. The two-wheeler segment led this surge, registering substantial year-on-year increases. Electric passenger and commercial vehicles also saw their best-ever months. Electrification has now moved decisively into the mainstream of Indian auto retail.
Auto retail sales surge 22% to record 2.56 million in June; Dealers expectgrowth momentumto continue withrains picking up
Vehicle retail sales reached a record high in June, showing a significant year-on-year increase. This robust growth was supported by strong demand across various vehicle segments. Improved supplies and easing crude oil prices are expected to sustain this positive momentum. Two-wheeler sales saw a notable rise, with electric models gaining significant market share. Rural markets demonstrated strong traction in commercial vehicle sales, indicating broad economic recovery.
India's auto retail sales record best-ever June performance across segments
Total vehicle retail sales reached 25,57,234 units in June 2026, registering 21.83% yearly growth and a 1.03% increase over May.
India's retail car sales jump nearly 29% in June
India's auto sector recorded passenger vehicle sales growth of 28.63% in June. The overall automobile industry saw a 21.83% jump, driven by strong performances in tractors and two-wheelers. Rural areas outpaced urban centers in passenger vehicle growth. Notably, alternative fuel vehicles, including EVs, experienced a remarkable 40.35% increase.
Auto companies stick to fast lane in pay hikes, too
Expect substantial salary increases in India's auto sector, with average hikes projected at 10.3% in 2026, surpassing the general corporate average. This boost is driven by strong vehicle sales and favorable government policies. Despite global uncertainties, companies are rewarding top performers while managing budgets carefully. Attrition rates are also anticipated to decrease as talent mobility slows.
Will Sensex, Nifty extend gains or turn volatile? Q1 updates, F&O expiry among 8 factors set to steer stock market this week
Indian markets head into a crucial week with investors tracking Q1 business updates, June F&O expiry, auto sales data, FII flows, crude oil prices, monsoon progress, US bond yields and key macroeconomic releases. While benchmark indices have remained resilient, profit booking in broader markets signals caution as traders assess domestic and global cues for the next leg of market direction.
BNP Paribas turns selective on IT services as AI redefines the sector
Kumar Rakesh, Analyst - IT & Auto at BNP Paribas, said the outlook for the automobile sector remains healthy despite global uncertainties. According to him, fuel prices and inflation do not have a strong long-term relationship with vehicle sales, while consumer sentiment remains a key determinant of demand.
Carnival Time! Auto cos on a roll as demand stays strong
Indian auto sales experienced robust double-digit growth in May, with passenger vehicles up 27% and two-wheelers by 31%. This surge, driven by a favorable base effect, GST rate cuts, and easier financing, saw record May sales for passenger vehicles, three-wheelers, and two-wheelers, despite global economic uncertainties.
India's EV penetration crosses 11% for first time as auto retail sales hit record in May
India's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dealers reported more inquiries for fuel-efficient and green vehicles following fuel price hikes. Passenger vehicles and two-wheelers saw their best-ever May sales. The outlook for June remains cautiously optimistic, supported by monsoon progress and rural demand.
Auto stocks decline as FADA reports month-on-month drop in May vehicle retail sales
Auto stocks declined on Monday after the Federation of Automobile Dealers Associations (FADA) reported a month-on-month decline in vehicle retail sales for May 2026.
Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand ahead
Indian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural markets showing strong demand. Two-wheeler sales also increased. Dealers anticipate continued growth driven by monsoon progress and upcoming festivals. Electric vehicle adoption is rising across segments. The industry remains cautiously optimistic for the coming months.
May Auto Sales: Hero MotoCorp dispatches 5.70 lakh units; global business jumps 78%
Shares of Hero Motocorp Ltd ended at ₹4,821.00, down by ₹77.40, or 1.58%, on the BSE.