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Tata Motors, Mahindra lead the pack as EV sales surge 79%
India's electric car sales surged 79% in May. Tata Motors and Mahindra & Mahindra gained market share. Newcomer VinFast also saw growth. JSW MG Motor and Hyundai Motor experienced a decline. Higher fuel prices are driving consumers to electric vehicles. This trend shows sustained growth in the electric car sector.
Car sales sail smooth despite war woes; Auto cos log double-digit growth on Maruti, TaMo surge; two-wheeler & CVs also in fast lane
Indian car sales surged significantly in May. Maruti Suzuki and Tata Motors reported robust growth. Two-wheeler sales also saw double-digit increases. Despite global challenges, consumer demand remained strong. This positive trend extended to utility vehicles and electric vehicles. Farm equipment sales also performed well. The automotive sector shows resilience and continued momentum.
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.
Buy, Sell Or Hold: Tata Motors PV, JSW Energy, TVS Motor, Ashoka Buildcon And Siemens Energy — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
Stellantis plays down European scope for JLR and Tata partnerships
Stellantis Europe chief Emanuele Cappellano revealed no immediate plans to extend recent partnerships with Jaguar Land Rover and Tata Motors to the European market. While these collaborations are focused on the US and India respectively, Cappellano indicated potential consideration for Europe only if a clear product opportunity arises.
Tata Motors PV among 4 stocks flashing bullish signals, hinting at a possible uptrend
Four NSE large-cap stocks appeared on the White Marubozu bullish scanner on May 27, indicating strong buying momentum across select counters. The candlestick pattern reflects sustained bullish sentiment throughout the trading session, with buyers maintaining control from open to close, signalling potential continued upside momentum in the near term.
Tata Motors PV Sees Consumer Shift Towards EVs Amid West Asia Crisis, Says MD Shailesh Chandra
The company highlighted that recent fuel price increases have started altering customer preferences, with early signs of higher traction in EV bookings across segments.
Tata Motors PV To Hold 81st AGM On July 8, Fixes Record Date For Dividend
Tata Motors PV had earlier declared a final dividend of Rs 3 per equity share of face value Rs 2 each for the financial year ended March 31, 2026.
Fuel price hikes may impact auto demand; too early to revise FY27 outlook: TMPV MD & CEO
Fuel price hikes are a concern for the auto industry. Tata Motors Passenger Vehicles MD & CEO Shailesh Chandra says it is too early to assess the impact on demand. He remains optimistic about the company's growth prospects. EV demand is showing strong momentum. Capacity for EVs can be enhanced internally and with suppliers.
Tata Motors sees EV bookings surge 2.5x as fuel prices rise
Rising fuel prices are significantly shifting buyer preference towards electric vehicles, with Tata Motors reporting a 2.5 times increase in EV bookings. The company is positioning the new Tiago EV as a financially sound investment, promising cost recovery within four to five years, supported by a segment-first lifetime battery warranty.