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GLOBAL EV SALES DECLINE
E2W sales climb 19% in June to 1.81 lakh unitsOverall, June EV sales grew 75.27% year-on-year (YoY) to around 1.86 lakh units from 1.06 lakh units in the same period last year. TVS Moto...
Nissan India's June wholesales rise 16%, domestic sales more than doubleNissan Motor India witnessed a significant 16% year-on-year jump in total wholesales to 8,346 units last month. Domestic sales surged by an...
Royal Enfield sales up 27 pc to 1,14,032 motorcycles in JuneRoyal Enfield revved up sales in June 2026, reporting a significant 27% surge to 1,14,032 motorcycles. This growth is attributed to strong ...
Tata Motors Passenger Vehicles' June sales jump 69%; EV volumes more than doubleTata Motors Passenger Vehicles witnessed a remarkable 69% surge in June sales, reaching 63,083 units, propelled by strong demand and a doub...
Nearly half of Indian households need electrical upgrades for EV charging: ReportA significant portion of Indian homes need electrical upgrades to safely charge electric vehicles, a new study reveals. This infrastructure...
EVs to account for 10% of India's car market by FY28, says Tata Motors' Shailesh ChandraElectric cars are poised to capture nearly 10% of India's passenger vehicle market by the end of fiscal year 2027, according to Tata Motors...
Hero MotoCorp June dispatches dip 2.3% as domestic sales soften, exports growHero MotoCorp saw a slight dip in June wholesale dispatches, primarily due to weaker domestic sales, though exports surged significantly. W...
JSW MG Motor posts record June sales as EVs contribute over 75% of volumesJSW MG Motor India achieved its highest-ever monthly wholesale sales in June, with a 30% year-on-year increase to 7,568 units. Electric veh...
IT growth vectors "clearly missing"; EV capex pullback hits ER&D players: Mayuresh JoshiIndia's IT and ER&D sectors are navigating a structural slowdown, with EV capex cuts impacting companies like KPIT. Near-term macro risks, ...
Ola Electric nearly doubles QoQ registrations in Q1 FY27; June vehicle tally rises to 16,144Ola Electric witnessed a significant surge in electric two-wheeler registrations, nearly doubling in the April-June quarter to 43,719 units...
KKR in talks with JSW to drive in MG Motors JV with $400 mn investmentA combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led grou...
Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
Home sales fall to three-year low in June quarterHome sales experienced a notable dip in the June quarter, marking the slowest performance since early 2023. Persistent global uncertainties...
Government lifts curbs on petrol, diesel sales at pumps as global oil prices fallFuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...
India's electric car sales set to cross 3 lakh units for first time in 2026: ReportIndia's electric passenger vehicle market is poised for a significant leap, projected to surpass 3 lakh annual sales in 2026. This surge is...
Toyota sales fall for fourth month in May as declines in China, US and Middle East weighToyota Motor Company experienced a 7.2% drop in global vehicle sales for May, reflecting a fourth straight month of downfall. This slump st...
Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilientSummer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages,...
Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
Tata Motors to invest up to Rs 40,000 crore by FY31Tata Motors is set to invest up to Rs 40,000 crore over five years, aiming to nearly double its passenger vehicle capacity and introduce ne...
Tata Motors PV eyes over Rs 6 lakh crore revenue by FY31Tata Motors Passenger Vehicles is projecting a significant revenue surge, aiming to surpass Rs 6 lakh crore by fiscal year 2031 with a 10% ...