Recent GST rate reforms have triggered a sharp recovery in India’s passenger vehicle market, reviving demand across segments after a prolonged slowdown. While expectations were high for a turnaround in small cars and hatchbacks, Hyundai Motor India says compact SUVs have emerged as the biggest beneficiaries of the tax cut, even as the hatchback segment… Continue reading Compact SUVs Largest Beneficiary of GST 2.0, Hatch Share Declining: Hyundai
Tag: Suzuki
Suzuki Motorcycle India Reports 15% Sales Growth in January
Suzuki Motorcycle India Pvt. Ltd. recorded total sales of 1,25,786 units in January 2026, marking a 15% increase over the 1,08,921 units sold in January 2025. The growth was driven by increases in both domestic and export markets. The two-wheeler subsidiary of Suzuki Motor Corporation, Japan, reported domestic sales of 1,00,296 units, a 14% increase… Continue reading Suzuki Motorcycle India Reports 15% Sales Growth in January
Maruti Suzuki Says Capacity Constraints Limiting Small Car Sales
India’s largest carmaker Maruti Suzuki on Friday said demand for small cars has remained robust following the GST 2.0 reform, but production constraints are limiting dispatches. The management noted that the situation is expected to persist for a few more months, even as the company accelerates capacity expansion. “Coming to the performance of the small… Continue reading Maruti Suzuki Says Capacity Constraints Limiting Small Car Sales
Nexon Tops Sales Charts in January; PV Market Clocks Record 4.5 Lakh Units Led By SUVs
India’s passenger vehicle (PV) market opened calendar year 2026 on a strong footing, with January wholesales estimated at around 4.5 lakh units, marking the highest-ever January performance and the second-highest monthly tally on record. The month’s sales data underline the structural shift toward utility vehicles, with six SUVs featuring among the top 10 selling models.… Continue reading Nexon Tops Sales Charts in January; PV Market Clocks Record 4.5 Lakh Units Led By SUVs
Electric PV Sales Rise 51% in January to 18,000 Units, Tata Motors Hits a New High
The Indian electric passenger vehicle segment has opened CY2026 with robust sales of 18,042 units in January, up 51% YoY (January 2025: 11,909 units). This performance comes on the back of the segment clocking record annual sales of 177,415 units in CY2025. Leading the charge is market leader Tata Motors which has clocked its highest… Continue reading Electric PV Sales Rise 51% in January to 18,000 Units, Tata Motors Hits a New High
Maruti Suzuki Reports Record Monthly Sales of 236,963 Units in January 2026
Maruti Suzuki India Limited announced its highest-ever monthly sales volume for January 2026, with total sales reaching 236,963 units. The milestone represents significant growth compared to the 212,251 units sold in January 2025. The sales breakdown shows domestic sales of 178,300 units, sales to other original equipment manufacturers (OEM) of 7,643 units, and exports of… Continue reading Maruti Suzuki Reports Record Monthly Sales of 236,963 Units in January 2026
Budget 2026: Allocation for auto PLI doubled despite lower utilisation in FY26
Nirmala Sitharaman The outlay for the Production Linked Incentive (PLI) scheme for automobiles and auto components has been almost doubled in the Union Budget for 2026-27 to ₹5940 crore. Not only is the outlay a substantial increase from the budget estimates for the current fiscal (₹2974.61 crore), it has also come despite a large portion… Continue reading Budget 2026: Allocation for auto PLI doubled despite lower utilisation in FY26
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 estimates for PLI Auto at Rs 5,940 crore
The Union Budget for 2026-27 (FY27) has allocated Rs 5,940 crore for the Production Linked Incentive (PLI) Scheme for Automobiles and Auto Components under the Ministry of Heavy Industries. The Rs 25,938-crore output-linked incentive scheme was launched in 2021 and will run till March 31, 2028 (FY28). Budget documents show that in FY25, the scheme… Continue reading Budget FY27: Allocation estimates for PLI Auto at Rs 5,940 crore
Can Budget take a leaf out of China’s BYD story to give India its own EV giant?
In 1995, a small firm began operations in China’s Shenzhen with just 20 employees and limited capital. Just three decades later, before it even turned 30, BYD is the world’s largest electric car company, having overtaken Tesla. Its rise was fuelled not just by technology, but by sustained state backing. Estimates suggest BYD received around… Continue reading Can Budget take a leaf out of China’s BYD story to give India its own EV giant?