January Auto Sales Surge: Hyundai, Tata Motors, Mahindra Report Strong Growth
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CNBC TV18•01-02-2026, 11:33
January Auto Sales Surge: Hyundai, Tata Motors, Mahindra Report Strong Growth
- •Hyundai Motor India recorded 73,137 units sold in January, an 11.5% year-on-year increase, with domestic sales up 9% and exports rising.
- •Tata Motors Passenger Vehicles Ltd saw a 47.1% year-on-year increase in total passenger vehicle sales, including EVs, reaching 71,066 units.
- •Mahindra & Mahindra Ltd reported a 24% year-on-year growth in total auto sales, totaling 104,309 vehicles, driven by strong SUV and LCV sales.
- •Escorts Kubota Limited's Agri Machinery Business sold 9,799 tractors, a 46.9% increase, with domestic sales up 50.8%.
- •Tata Motors Limited's commercial vehicle sales grew by 29.9% year-on-year to 41,549 units, with significant increases in HCV and ILMCV segments.
Why It Matters: Major Indian automakers experienced robust sales growth in January, indicating a strong start to the year for the auto market.
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