TVS Motor Company Reports Record Q1 Sales of 12.77 Lakh Units

TVS Motor Company announced record quarterly sales of 12.77 lakh units for the first quarter of FY 2025-26, marking significant growth across multiple segments. The Chennai-based manufacturer reported monthly sales of 402,001 units in June 2025, representing a 20% increase from the 333,646 units sold in June 2024. The company’s two-wheeler segment drove much of… Continue reading TVS Motor Company Reports Record Q1 Sales of 12.77 Lakh Units

ZF Commercial Vehicle Control Systems India Appoints Paramjit Singh Chadha as Managing Director

ZF Commercial Vehicle Control Systems India Limited announced Monday that Paramjit Singh Chadha has joined the company as Managing Director. The appointment takes effect immediately at the Chennai-based subsidiary of German automotive technology group ZF. Chadha brings 40 years of experience in the automotive sector to his new role. He began his career at Maruti… Continue reading ZF Commercial Vehicle Control Systems India Appoints Paramjit Singh Chadha as Managing Director

Skoda Auto India Records Highest Half-Yearly Sales with 36,194 Units

Skoda Auto India achieved its highest half-yearly sales performance in the company’s 25-year history in the country, selling 36,194 units in the first six months of 2025. The figures represent a 134% increase compared to the first half of 2024, according to company data released Tuesday. The sales performance elevated Skoda Auto India to the… Continue reading Skoda Auto India Records Highest Half-Yearly Sales with 36,194 Units

Revised One-Time Tax Structure to Make Vehicles Costlier in Maharashtra from July 1

Starting July 1, the cost of high-end cars, CNG/LNG vehicles, and goods carriers in Maharashtra will rise due to a revised one-time tax structure introduced by the state government, according to a PTI report. Under the new structure, the cap for one-time tax has been increased from ₹20 lakh to ₹30 lakh. As a result,… Continue reading Revised One-Time Tax Structure to Make Vehicles Costlier in Maharashtra from July 1

Revised One-Time Tax Structure to Make Vehicles Costlier in Maharashtra from July 1

Starting July 1, the cost of high-end cars, CNG/LNG vehicles, and goods carriers in Maharashtra will rise due to a revised one-time tax structure introduced by the state government, according to a PTI report. Under the new structure, the cap for one-time tax has been increased from ₹20 lakh to ₹30 lakh. As a result,… Continue reading Revised One-Time Tax Structure to Make Vehicles Costlier in Maharashtra from July 1

Hero Motors Refiles IPO Papers for Rs 1,200 Crore Public Offering

Hero Motors has refiled its Draft Red Herring Prospectus with the Securities and Exchange Board of India for a Rs 1,200 crore initial public offering, marking an increase from its earlier proposed issue size of Rs 900 crore filed in August 2024. The IPO comprises a fresh issue of up to Rs 800 crore and… Continue reading Hero Motors Refiles IPO Papers for Rs 1,200 Crore Public Offering

JSW MG Motor India Reports 21% Sales Growth in June 2025

JSW MG Motor India sold 5,829 units in June 2025, marking a 21% increase compared to the same period last year. The wholesale figures reflect continued growth for the joint venture between SAIC Motor and JSW Group. The company announced plans to launch its first luxury vehicle in India, the MG M9 Presidential Limousine, followed… Continue reading JSW MG Motor India Reports 21% Sales Growth in June 2025

JSW MG Motor India Reports 21% Sales Growth in June 2025

JSW MG Motor India sold 5,829 units in June 2025, marking a 21% increase compared to the same period last year. The wholesale figures reflect continued growth for the joint venture between SAIC Motor and JSW Group. The company announced plans to launch its first luxury vehicle in India, the MG M9 Presidential Limousine, followed… Continue reading JSW MG Motor India Reports 21% Sales Growth in June 2025

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