Overview
- FADA data released Tuesday showed 2,611,317 vehicles sold in April, up 12.94% year on year, with five of six categories hitting their best April and rural passenger-vehicle growth outpacing urban.
- Maruti, which reported record April sales Monday, sold 239,646 units and lifted its domestic passenger-vehicle share to about 42% on strong demand for SUVs and small cars.
- Bajaj said Monday its total sales rose 40% to 513,792 units as exports surged 83% to 265,582, with overseas demand outstripping domestic volumes across two- and three-wheelers.
- TVS reported 473,970 units, up 7% year on year, and said supply-chain and workforce issues curbed output and dispatches in April, with production normalization expected this month.
- Electric two-wheelers kept scaling up with 148,677 retail sales in April, up 61% year on year, led by TVS at 25% share, Bajaj at 22%, and Ather at 18%, according to industry trackers.