VE Commercial Vehicles (VECV), the joint venture between Eicher Motors and Sweden’s Volvo Group, reported a robust start to the calendar year, with total wholesales climbing 24.9% in January 2026 compared to the same period last year. The company, which is part of Eicher Motors, shipped 10,601 units in January, up from 8,489 units in… Continue reading Heavy-Duty Gains Mask a Softening Bus Market for Volvo Eicher
Author: Autocar_Professional India Online News
MG Motor India Posts 9% Sales Growth in January 2026
JSW MG Motor India sold 4,843 vehicles in January 2026, up 9% from the same month a year earlier, the company reported. The automaker recorded a sales increase of 19% to reach 70,554 units for CY2025. December alone saw 6,500 units wholesaled. January’s performance was led by the MG Windsor electric MPV and the recently… Continue reading MG Motor India Posts 9% Sales Growth in January 2026
Ashok Leyland Truck Sales Soar as Bus Demand Softens
Ashok Leyland started the new year on a high note, reporting a 27% increase in total vehicle wholesales for January 2026 compared to the same period last year. The Chennai-based commercial vehicle giant, a flagship of the Hinduja Group, benefited from a significant spike in demand for heavy-duty trucks, signaling continued momentum in industrial activity… Continue reading Ashok Leyland Truck Sales Soar as Bus Demand Softens
TVS Motor Posts 29% YoY Growth in Total January Sales
TVS Motor Company on Sunday reported a 29% year-on-year growth in its total dispatches for January 2026, aided by strong demand across two-wheeler and three-wheeler segments, including electric vehicles. TVS Motor Company said its overall sales stood at 5,11,766 units in January 2026, compared with 3,97,623 units in the same month last year. Two-wheeler sales… Continue reading TVS Motor Posts 29% YoY Growth in Total January Sales
Heavy Truck Demand Fuels 30% Sales Surge for Tata Motors
Tata Motors Limited reported a 29.9% year-on-year increase in commercial vehicle sales for January 2026, a performance driven by a sharp rebound in heavy industrial hauling and a burgeoning international presence. The company, which serves as a primary barometer for industrial activity, moved 41,549 units during the month, compared to 31,988 units in the same… Continue reading Heavy Truck Demand Fuels 30% Sales Surge for Tata Motors
Kia India Reports 10.3% Sales Increase in January 2026
Kia India sold 27,603 vehicles in January 2026, representing a 10.3% increase compared to 25,025 units sold in the same month last year, the automaker announced on Saturday. The January performance follows a strong 2025 for the South Korean manufacturer, which reported annual sales of 280,286 units in India last year—a 15% increase over 2024.… Continue reading Kia India Reports 10.3% Sales Increase in January 2026
India’s PV Market Estimated To Have Clocked Record January Sales With 4.5 Lakh Units
India’s passenger vehicle market is estimated to have clocked about 4.5 lakh units in January 2026 wholesales, marking the highest-ever performance in any January, and the second-highest for any month. Record dispatches come on the back of strong retail demand and lean inventory management at dealerships, which helped carry the post-GST cut and festival season… Continue reading India’s PV Market Estimated To Have Clocked Record January Sales With 4.5 Lakh Units
Budget FY27: Allocation estimate for PM E-Drive Scheme at Rs 1,500 Cr
The Union Budget for 2026-27 (FY27) has allocated Rs 1,500 crore for the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme under the Ministry of Heavy Industries, which has been a key driver of electric vehicle demand in the country. Budget documents show that the allocation for the PM E-Drive scheme stood… Continue reading Budget FY27: Allocation estimate for PM E-Drive Scheme at Rs 1,500 Cr
Budget 2026-27: Sitharaman Proposes 4,000 E-Buses for East India Industrial Corridor
Finance Minister Nirmala Sitharaman announced on February 1, 2026, the deployment of 4,000 electric buses across five eastern states as part of a major infrastructure push under the “Purvodaya” initiative in the Union Budget 2026-27. The proposal includes development of an Integrated East Coast Industrial Corridor with Durgapur designated as a primary node, alongside creation… Continue reading Budget 2026-27: Sitharaman Proposes 4,000 E-Buses for East India Industrial Corridor
Budget 2026-27: Govt Offers Tax Holiday Till 2047 to Global Cloud Firms
The Union Budget 2026-27 has unveiled a sweeping set of tax incentives aimed at attracting global cloud service providers, and electronics manufacturers. Presenting the Budget in Parliament on Tuesday, Finance Minister Nirmala Sitharaman announced a tax holiday until 2047 for any foreign company that provides cloud services to customers worldwide using data centre infrastructure located… Continue reading Budget 2026-27: Govt Offers Tax Holiday Till 2047 to Global Cloud Firms