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Tata Motors PV Q1 update: Sales jump 46%; JLR volumes hit by supply disruptions and Middle East conflict
Tata Motors reported a 46% rise in passenger vehicle sales for the June quarter, driven by strong demand and record EV sales. However, Jaguar Land Rover posted lower volumes due to supply disruptions, geopolitical challenges and the planned Jaguar model transition.
Tata Motors CV, Ashok Leyland gain 2% on healthy volume growth in June
Looking ahead, while commodity pressures will persist, Tata Motors expects the momentum to continue, driven by gradual improvement in customer sentiment which had seen softening during June quarter.
June auto sales data: Commercial vehicle turns consensus player; brokerages list stocks to buy
Indian automakers reported strong performance in June 2026, with healthy demand across passenger vehicles, two-wheelers, commercial vehicles and tractors. Brokerages including Motilal Oswal, Emkay and ICICI Securities highlighted broad-based growth, with several OEMs beating estimates. Maruti, M&M, TVS and Tata Motors stood out, while Hyundai underperformed in PVs. Analysts remain optimistic on the sector, favouring CVs and select two-wheeler players amid improving demand and pricing conditions.
Tata Motors PV Share Price Live Updates: Tata Motors PV continues to impress investors
Domestic car sales surge in June on tax cuts, lower interest rates & strong demand
Indian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts and lower interest rates, saw major players like Maruti Suzuki and Tata Motors report significant increases. Despite minor setbacks for Hyundai, the overall automotive sector is experiencing robust demand, with electric vehicle adoption also showing promising trends.
BYD India hikes prices of select variants of vehicles by up to Rs 1 lakh
Electric carmaker BYD India is set to increase prices on select variants of its passenger vehicles by up to Rs 1 lakh, effective July 1, 2026. This adjustment, attributed to rising input costs and inflation, will affect specific models like the ATTO 3, SEALION 7, and SEAL. The company stated these changes are necessary due to ongoing investments in technology and network expansion across India.
Tata Motors CV posts strong June sales; EV volumes jump four-fold in Q1
Tata Motors reported a 35% year-on-year rise in June commercial vehicle sales, driven by strong domestic demand and an 83% jump in international business, while electric CV volumes continued to gain momentum.
Tata Motors Sees Surge In Electric Demand As June EV Sales Nearly Triple; PV Up 69%
The automobile retailer also saw a 69% rise in its total passenger vehicle sales.
Tata Motors Passenger Vehicles' June sales jump 69%; EV volumes more than double
Tata Motors Passenger Vehicles witnessed a remarkable 69% surge in June sales, reaching 63,083 units, propelled by strong demand and a doubling of electric vehicle sales. Domestic passenger vehicle sales also saw a significant 67% jump. The company's leadership in electric mobility continues to strengthen, with EV volumes more than doubling year-on-year. Tata Motors remains optimistic about sustaining growth, citing a healthy order book and positive customer response.
Volvo Eicher Commercial Vehicles sales up 29.3% at 9,519 units in June
VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, reported a significant 29.3% surge in total sales for June 2026, reaching 9,519 units. This impressive growth was driven by strong performance in both domestic and export markets for Eicher-branded trucks and buses. The company sold 8,595 Eicher-branded vehicles domestically and exported 674 units, showcasing robust demand.
Tata Motors PV 'bear' continues to recommend 'selling' the stock despite new Sierra EV launch
Citi has a 'sell' rating and a target price of ₹320 per share on the Tata Motors PV stock, indicating a downside of 9% from its previous closing price.
Maruti Suzuki's June sales soar over 19% to 2 lakh units on strong PV demand
Maruti Suzuki India witnessed a significant 19.3% surge in total sales for June, reaching 2,00,390 units. This impressive growth was fueled by strong domestic demand across passenger vehicles and light commercial vehicles, alongside a healthy increase in exports. The company saw notable jumps in sales for its mini, compact, mid-size, and utility vehicle segments, indicating robust consumer interest.