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Maruti hits all-time monthly sales high; CNG bookings jump 40%, EV demand doubles
Maruti Suzuki achieved its highest-ever monthly sales in May, driven by strong performance across all segments, including a significant surge in small car and utility vehicle sales. Tata Motors also reported robust growth, setting a new record for EV sales. The two-wheeler and commercial vehicle sectors also witnessed steady demand and growth.
Tata Motors commercial vehicle sales soar 17% at 32,850 units in May
Tata Motors has announced strong sales figures for May. Total commercial vehicle sales saw a significant 17 percent increase. Domestic sales also climbed by 19 percent, showcasing robust performance. While international volumes experienced a slight dip, the overall trend indicates positive momentum for the company's commercial vehicle segment. This growth reflects a healthy market for Tata Motors' offerings.
Tata Motors CV sales rise 17% in May, but miss Street estimates
Total commercial vehicle sales, including domestic and international markets, stood at 32,850 units during May, compared with 28,147 units a year earlier. However, the number fell short of the CNBC-TV18 poll estimate of 34,900 units.
Auto sales surge in May: Maruti hits record high, Hyundai, Mahindra and Toyota gain momentum
Major automotive manufacturers Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra, and Toyota Kirloskar Motor recorded positive growth in their sales figures for May 2026. The rise comes due to sustained domestic demand and strong performances across their respective passenger and commercial vehicle segments. However, the industry is showing signs of short to medium term moderation even though structural drivers such as infrastructure spending and replacement demand remain supportive for long term growth.
Commercial vehicle makers strengthen non-core business to ride out 'cyclical' bumps
India's commercial vehicle makers are diversifying beyond truck sales to stabilize revenue. Companies like Tata Motors, Ashok Leyland, and VECV are seeing significant growth in spare parts, financing, and fleet services. This strategic shift aims to create recurring income streams, mitigating the impact of the market's cyclical nature and economic fluctuations.
Ashok Leyland shares fall after Q4 results, near-term demand uncertainty
Management said FY26 commercial vehicle volumes touched an all-time high, surpassing the earlier peak, while export volumes also hit a record high with 18.5% year-on-year growth. However, exports disappointed during the quarter due to logistical disruptions linked to the West Asia conflict.
Ashok Leyland bets on overseas growth as West Asia risks weigh on supply chains
The commercial vehicle maker is leaning on supply-chain resilience and operational discipline while expanding into Indonesia and other Asean markets, even as West Asia uncertainty weighs on demand.
CV industry showing resilience, not much impact of fuel price hike on demand: Ashok Leyland MD
The Indian commercial vehicle sector shows remarkable strength. Fuel price increases from the West Asia conflict have not significantly impacted demand. Lower GST rates and the replacement of old vehicles are driving sales. Ashok Leyland expects continued strong performance in April and May. Operations in the UAE are normalizing after initial war-related disruptions.
Ashok Leyland Q4 Results: Net profit rises 14% to Rs 1,291 crore, firm announces Rs 2.5 interim dividend
Ashok Leyland reported a strong rise in fourth-quarter profit and revenue for FY26, driven by record commercial vehicle, export and light commercial vehicle volumes. The company also announced an interim dividend and highlighted growth across defence, electric mobility and aftermarket businesses.
Tata AutoComp, Jahwa Electronics forge JV to manufacture heaters for EVs
Tata AutoComp Systems has partnered with Korea's Jahwa Electronics. They will jointly manufacture advanced PTC heaters for electric and hybrid vehicles in India. This venture positions India as a key hub for Jahwa. It aims to supply both low-voltage and high-voltage PTC heaters. This move supports the growing investments in India's EV and hybrid vehicle markets.
Ashok Leyland Q4 profit rises 13% as CV sales hit record high; exports surge
Ashok Leyland reported record quarterly and annual revenue, profit and commercial vehicle volumes for FY26, driven by strong domestic demand, exports, aftermarket growth and improving traction in electric mobility.
Ashok Leyland Q4 Results: Firm posts highest-ever quarterly PAT at ₹1,405 crore; ₹2.50/share dividend declared
Commercial vehicle manufacturer Ashok Leyland announced the highest-ever quarterly and full-year profit after tax (PAT) today.