On the domestic front, Maruti’s passenger vehicle sales stood at 173,599 units, reflecting a 4.1% increase from 166,802 units in the previous year. Shares of Maruti Suzuki India and Eicher Motors surged up to 4% on Monday, after the automakers reported steady sales and exports growth in January, signaling sustained demand in the automotive sector.… Continue reading Maruti Suzuki, Eicher Motors shares rally up to 4% as January sales, exports show steady growth
Tag: Suzuki
India’s auto industry accelerates toward electrification at Bharat Mobility show 2025; Maruti, Hero Moto top picks
The growing push for electric mobility, particularly in the sub-INR 2 million PV EV category, is expected to drive significant growth, as manufacturers look to scale up EV production. The Bharat Mobility Show 2025 highlighted the auto industry’s shift toward EVs and clean fuels, with manufacturers across both passenger vehicles (PVs) and two-wheelers (2Ws) aligning… Continue reading India’s auto industry accelerates toward electrification at Bharat Mobility show 2025; Maruti, Hero Moto top picks
OEM-wise auto sales – January 2025
Here are the auto sales reported by various OEMs for January 2025 Maruti Suzuki India Passenger vehicle market leader Maruti Suzuki India has announced its wholesales (dispatches to showroom) numbers for January 2025. At 173,599 vehicles, up 4% YoY (January 2024: 166,802 units), this constitutes its highest monthly dispatches in the first 10 months of FY2025,… Continue reading OEM-wise auto sales – January 2025
BUDGET 2025: Auto, battery makers’ stocks rally on rural push and EV Incentives
Shares of most automobile and battery manufacturing companies closed higher today, after Finance Minister Nirmala Sitharaman announced a slew of measures to drive the rural economy, and accelerate electric vehicle adoption in the country. The Nifty Auto index ended 1.9% higher at 23,305.45 level. In intraday trade, the index had gained by 2.9%. Of the… Continue reading BUDGET 2025: Auto, battery makers’ stocks rally on rural push and EV Incentives
BUDGET 2025: Auto, battery makers’ stocks rally on rural push and EV Incentives
Shares of most automobile and battery manufacturing companies closed higher today, after Finance Minister Nirmala Sitharaman announced a slew of measures to drive the rural economy, and accelerate electric vehicle adoption in the country. The Nifty Auto index ended 1.9% higher at 23,305.45 level. In intraday trade, the index had gained by 2.9%. Of the… Continue reading BUDGET 2025: Auto, battery makers’ stocks rally on rural push and EV Incentives
BUDGET 2025: PLI Auto scheme gets Rs 2,819 crore in FY26
The government has allocated Rs 2,819 crore for the production-linked incentive (PLI) scheme for automobile and auto components in the financial year 2026, as per the union budget presented today. The government had initially allocated a much larger amount of Rs 3,500 for the scheme in the financial year 2025 . However, revised budget estimate… Continue reading BUDGET 2025: PLI Auto scheme gets Rs 2,819 crore in FY26
BUDGET 2025: PLI Auto scheme gets Rs 2,819 crore in FY26
The government has allocated Rs 2,819 crore for the production-linked incentive (PLI) scheme for automobile and auto components in the financial year 2026, as per the union budget presented today. The government had initially allocated a much larger amount of Rs 3,500 for the scheme in the financial year 2025 . However, revised budget estimate… Continue reading BUDGET 2025: PLI Auto scheme gets Rs 2,819 crore in FY26
Tata Motors sells 48,076 cars and SUVs in January, EV sales down 25%
Tata Motors has announced wholesales of 48,076 passenger vehicles in January 2025, down 10% year on year (January 2024: 53,633 units). This includes 5,240 electric vehicles, whose sales are down 25% YoY (January 2024: 6,979 EVs). The company, which retails eight passenger vehicles – Altroz, Tigor, Tiago, Nexon, Punch, Harrier, the Safari and the Curvv… Continue reading Tata Motors sells 48,076 cars and SUVs in January, EV sales down 25%
BUDGET 2025: Govt announces host of initiatives for farmers to boost rural economy
Finance Minister Nirmala Sitharaman announced a host of initiatives to boost the agriculture sector and rural economy in the Union Budget 2025, presented in the Lok Sabha today. The government announced programmes aimed at improving productivity, providing long and short-term credit, and increase employment in the sector. The government has plans to utilise the India… Continue reading BUDGET 2025: Govt announces host of initiatives for farmers to boost rural economy
Budget 2025: Income tax relief expected to boost demand in entry-level auto segments
In the Budget 2025, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 lakh annually—and up to Rs 12.75 lakh for salaried taxpayers factoring in the standard deduction of Rs 75,000—will be exempt from income tax under the new tax regime, subject to tax rebates. In a major relief for middle-class taxpayers,… Continue reading Budget 2025: Income tax relief expected to boost demand in entry-level auto segments