Festive demand lifts October volumes, with EVs leading the mix
Nomura put October passenger-vehicle wholesales up 11% year on year, ahead of its own estimate, with dealer feedback pointing to festive demand led by EVs, large SUVs and scooters.
Car sales reach record highs in FY27 on GST rationalisation
Passenger-vehicle wholesales grew 28% year on year to 2.64 million units in the first six months of FY27, helped by the GST rate cuts that made cars more affordable from September 2025.
Passenger EV retail dips 4% as supply constraints bite
Electric-car registrations slipped to 35,777 in October as Tata Motors ran into supply limits, while Mahindra and JSW MG lifted their combined EV share to 40.1% and the overall market grew 15.1%.
Tata Motors completes Iveco acquisition with an 89.42% stake
Tata Motors settled the initial stage of its tender offer for the Italian commercial-vehicle maker, making Iveco an indirect subsidiary and widening its global truck and bus business.