Toyota Kirloskar Motor Reports 40% Sales Growth in June 2024

Toyota Kirloskar Motor (TKM) recorded sales of 27,474 units in June 2024, representing a 40% increase compared to 19,608 units sold in June 2023. The company reported this as its highest monthly sales figure to date. The June sales comprised 25,752 domestic units and 1,722 export units. For the first six months of 2024, TKM… Continue reading Toyota Kirloskar Motor Reports 40% Sales Growth in June 2024

India’s Automotive Sector Shows Mixed Performance in May 2025 with Selective Recovery

India’s automotive industry displayed mixed performance in May 2025, with passenger vehicle domestic wholesale volumes moderating while other segments showed signs of recovery, according to a BNP Paribas Exane research report released on June 3, 2025. The passenger vehicle segment experienced a slowdown in domestic wholesale growth during May, though utility vehicle manufacturers continued to… Continue reading India’s Automotive Sector Shows Mixed Performance in May 2025 with Selective Recovery

India’s Automotive Sector Shows Mixed Performance in May 2025 with Selective Recovery

India’s automotive industry displayed mixed performance in May 2025, with passenger vehicle domestic wholesale volumes moderating while other segments showed signs of recovery, according to a BNP Paribas Exane research report released on June 3, 2025. The passenger vehicle segment experienced a slowdown in domestic wholesale growth during May, though utility vehicle manufacturers continued to… Continue reading India’s Automotive Sector Shows Mixed Performance in May 2025 with Selective Recovery

India’s Automotive Sector Shows Mixed Performance in May 2025 with Selective Recovery

India’s automotive industry displayed mixed performance in May 2025, with passenger vehicle domestic wholesale volumes moderating while other segments showed signs of recovery, according to a BNP Paribas Exane research report released on June 3, 2025. The passenger vehicle segment experienced a slowdown in domestic wholesale growth during May, though utility vehicle manufacturers continued to… Continue reading India’s Automotive Sector Shows Mixed Performance in May 2025 with Selective Recovery

Escorts Kubota Reports Mixed Performance in June 2025 with Tractor Growth and Construction Equipment Decline

Escorts Kubota Limited announced its sales figures for June 2025, showing divergent performance across its two main business divisions. The Faridabad-based engineering conglomerate sold 11,498 tractors during the month, representing a 2.2% increase from the 11,245 units sold in June 2024. The tractor business showed resilience despite challenging market conditions. Domestic tractor sales reached 10,997… Continue reading Escorts Kubota Reports Mixed Performance in June 2025 with Tractor Growth and Construction Equipment Decline

Escorts Kubota Reports Mixed Performance in June 2025 with Tractor Growth and Construction Equipment Decline

Escorts Kubota Limited announced its sales figures for June 2025, showing divergent performance across its two main business divisions. The Faridabad-based engineering conglomerate sold 11,498 tractors during the month, representing a 2.2% increase from the 11,245 units sold in June 2024. The tractor business showed resilience despite challenging market conditions. Domestic tractor sales reached 10,997… Continue reading Escorts Kubota Reports Mixed Performance in June 2025 with Tractor Growth and Construction Equipment Decline

Bajaj Auto Reports 1% Growth in Total Sales for June 2025

Bajaj Auto Limited reported total sales of 3,60,806 units in June 2025, marking a marginal 1% increase compared to 3,58,477 units sold in the same period last year. The Pune-based automotive manufacturer disclosed these figures in a regulatory filing to the BSE and NSE on July 1, 2025. The company’s performance showed contrasting trends between… Continue reading Bajaj Auto Reports 1% Growth in Total Sales for June 2025

Bajaj Auto Reports 1% Growth in Total Sales for June 2025

Bajaj Auto Limited reported total sales of 3,60,806 units in June 2025, marking a marginal 1% increase compared to 3,58,477 units sold in the same period last year. The Pune-based automotive manufacturer disclosed these figures in a regulatory filing to the BSE and NSE on July 1, 2025. The company’s performance showed contrasting trends between… Continue reading Bajaj Auto Reports 1% Growth in Total Sales for June 2025

Anand Group’s Gabriel India to Acquire Asia Investments Pvt Ltd’s Automotive Business

In a bid to diversify its business beyond suspension and sunroof systems, Anand Group’s flagship company, Gabriel India, will acquire Asia Investments Pvt Ltd’s (AIPL) automotive undertakings. This includes Anchemco, which manufactures automotive fluids and adhesives, as well as AIPL’s investments in Dana Anand India, Henkel Anand India, and Anand CY Myutec Automotive, which will… Continue reading Anand Group’s Gabriel India to Acquire Asia Investments Pvt Ltd’s Automotive Business

Electric 2W Industry Poised to Grow Without Demand Subsidies: Ather’s Tarun Mehta

While the government’s demand subsidies through schemes such as FAME, EMPS, and PM E-Drive have boosted early-stage adoption of electric two-wheelers in the country and made the industry competitive, Ather Energy’s co-founder and CEO Tarun Mehta now believes the industry can continue its growth even in the absence of such incentives. “We have reduced our… Continue reading Electric 2W Industry Poised to Grow Without Demand Subsidies: Ather’s Tarun Mehta