Market News

India's auto demand to hold steady for 2-3 quarters, but global risks loom over exports, margins

India's auto sector is set for continued strong demand for the next 2-3 quarters. Elevated growth is anticipated through CY26. This positive trend is supported by improving affordability and rural sentiment. Key segments like passenger vehicles, commercial vehicles, and two-wheelers are showing robust volume increases. Electric vehicle adoption is also gaining significant momentum across the industry.

Tata Motors PV Share Price Live Updates: Tata Motors PV ends trading day

Adani Ports, Tata Motors and Siemens Energy witness block deal action on Monday

Institutional investors injected over Rs 7,400 crore into Adani Ports and Special Economic Zone (APSEZ) on Monday through significant block deals. Capital Group entities were major buyers, acquiring stakes from Worldwide Emerging Market Holding Limited. Smaller block deals also occurred in Tata Motors and Siemens Energy India.

EVs Kickstart FY27 On Top Gear As April Registrations Jump Over 40%

In the electric cars segment, Tata Motors topped the chart with 8,501 registrations.

Hero MotoCorp appoints Sachin Agrawal as CTO

Hero MotoCorp has appointed Sachin Agrawal as its new Chief Technology Officer, effective from May 21. Agrawal will lead the company's research and development transformation. He brings over 29 years of experience in automotive R&D and technology leadership. Agrawal previously worked at VE Commercial Vehicles and began his career at Daewoo Motors.

Tata Motors PV Share Price Live Updates: Tata Motors PV closes at Rs 341.55

Jharkhand CM Soren flags 'unacceptable condition' of Chandil–Tata railway section

Jharkhand Chief Minister Hemant Soren has expressed concern over the 'unacceptable condition' of the Chandil–Tata rail section, highlighting consistent hours-long delays for passenger trains over the past two years. He urged Railway Minister Ashwini Vaishnaw to prioritize passenger services and expedite infrastructure projects, questioning the railway's priorities regarding passenger time versus freight transport.

Indian car companies begin FY27 on a strong note despite geopolitical uncertainties

Indian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market leader Maruti Suzuki reported its best-ever monthly sales, with other major automakers like Tata Motors and Hyundai also witnessing significant year-on-year growth.

Mahindra dethrones Tata Motors to become top EV revenue player in FY26

Mahindra & Mahindra has become the top electric car seller by revenue, surpassing Tata Motors. This shift occurred last fiscal year due to new electric SUV launches. Tata Motors still leads in the number of electric cars sold. Overall electric car registrations saw a significant jump. New EV models are expected to drive further growth.

Tata Motors Passenger Vehicles sales up 31% at 59,701 units in April

Passenger vehicle sales in the domestic market stood at 59,000 units last month as against 45,199 units in the year-ago period, a growth of 30.5 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing.

Auto sales slow in April; EV momentum holds amid rising geopolitical tensions

Market leader Maruti Suzuki retained its top position but reported a decline to 1.58 lakh units, compared to 1.75 lakh units in March. Tata Motors and Mahindra & Mahindra also saw moderation, with April sales at 57,472 units and 54,897 units, respectively.

SML Mahindra April auto sales up 15%, passenger vehicles rise to 1,331 units

The company's total vehicles sales increased 15% to 1,741 units in April compared to 1,512 units in the same month last year.