G Balachandar

2 months ago | thehindubusinessline.com | G Balachandar

The demand for CNG(compressed natural gas)-powered cars and SUVs remained strong in FY25. Maruti Suzuki led the charge, with one in every three vehicles sold running on CNG, while Tata Motors followed closely, with one in four. Hyundai, too, experienced a notable surge in the share of CNG vehicles in its overall sales. Economic and environmental factors continue to drive the growing preference for CNG vehicles.

2 months ago | thehindubusinessline.com | G Balachandar

Commercial vehicle manufacturers have posted growth in truck sales for March 2025 after a phase of subdued performance. This positive growth hints at a revival in the sector, which has faced headwinds and uncertainties in recent months. Despite reporting a decline in overall truck volumes for FY25 due to a challenging demand scenario, commercial vehicle makers achieved single-digit growth in sales volumes for March.

2 months ago | thehindubusinessline.com | G Balachandar

Royal Enfield, a leading motorcycle manufacturer, has achieved its highest-ever annual sales, surpassing the 1 million mark for the financial year ending March 31, 2025. The company reported total sales of 10,09,900 motorcycles, marking an 11 per cent increase compared to the previous financial year. According to a company statement, the surge in sales was driven by strong domestic and international demand, with March 2025 alone witnessing a 34 per cent rise, reaching 1,01,021 units.

2 months ago | thehindubusinessline.com | G Balachandar

Total electric vehicle (EV) registrations surged close to the two-million mark in FY25, driven by a positive increase across key segments such as electric two-wheelers, three-wheelers and passenger vehicles. This growth comes despite a challenging first quarter following the expiration of FAME subsidies and other challenges. As of March 31, 2024 (until 6 pm on the Vahan portal), total EV registrations reached 1.95 million units — an impressive 16 per cent jump from 1.68 million units in FY24.

2 months ago | thehindubusinessline.com | G Balachandar

The government’s move to standardise GST at 18 per cent for all used vehicle transactions is likely to strain finances for organised industry players. The recent changes in the GST structure for used car transactions have sparked confusion among dealers, with many misinterpreting the move as a tax hike. However, industry experts clarify that the government has merely unified the tax rate to 18 per cent across all vehicle categories.