Sector coverage

Automobiles

Volumes, market share, pricing, inventory and the ICE/hybrid/CNG mix across 2W, PV, CV and tractors.

Market performance

Auto OEM basket vs Nifty 50

As of 12:43 IST, 13 Oct 2026 · refreshed every weekday at 4:00 PM IST

Auto OEM basket

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Nifty 50

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Relative

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Today's moves in the basket (8 companies)

Company	NSE symbol	1D change
Bajaj Auto	BAJAJ-AUTO	▲ +2.55%
Hyundai Motor India	HYUNDAI	▲ +0.87%
Ashok Leyland	ASHOKLEY	▲ +0.80%
Mahindra & Mahindra	M&M	▲ +0.75%
TVS Motor	TVSMOTOR	▲ +0.46%
Hero MotoCorp	HEROMOTOCO	▲ +0.21%
Eicher Motors	EICHERMOT	▼ -0.46%
Maruti Suzuki	MARUTI	▼ -0.90%

NSE's Nifty Auto index; falls back to an equal-weighted basket of leading OEMs if the index feed is unavailable. Price data via Yahoo Finance, end of day; for information only, not investment advice.

Tuesday, 13 October 2026

FADA: best-ever September for auto retail, but read the base effect

Retail sales reached 25,36,920 units, up 31.82% YoY and 4.69% MoM. Two-wheelers rose 33%, PVs 32% and CVs 38%, with CVs crossing one lakh in a September for the first time. H1 FY27 retail is up 20.77%. FADA cautions that September 2025 was depressed by buyers deferring purchases ahead of GST 2.0 and points to roughly 17% underlying growth.

Why it mattersNormalise for the base before using September in comps or run-rates. Dealer sentiment for Oct–Dec is constructive (78% expect growth), which supports festive-quarter volume estimates.

Source: ETV Bharat / FADA

Mahindra overtakes Tata for #2 in PV retail by 89 units

Maruti Suzuki held 39.59% share (1,69,132 units). Mahindra (57,343) edged Tata (57,254) for second, with Hyundai fourth at 11.75%. Kia posted the fastest YoY growth in the top ten on the new Seltos. Petrol regained a slim lead (41.27%) over CNG, hybrid and EV combined (~41%).

Why it mattersThe fuel mix is now roughly half alternative, which reshapes powertrain capex, supplier exposure and how strategic buyers assess component targets.

Source: Autocar India

Deals

All →

Demerger
Tata Motors (CV / PV split)
1:1 share entitlement · Completed

IPO
Hyundai Motor India
₹27,870 cr · Listed

Key terms

Glossary →

Retail vs wholesale (dispatches): Retail is registrations to end customers (FADA and Vahan). Wholesale is factory dispatches to dealers (SIAM and company data). The gap between the two shows whether channel inventory is building or being drawn down.
Inventory days: Dealer stock expressed as days of sales. Elevated levels point to discounting and future production cuts.
Realisation / ASP: Average revenue per vehicle sold, driven by mix (SUVs, premium models), pricing and exports.
Powertrain mix: The split of sales across petrol, diesel, CNG, hybrid and EV. It matters for supplier exposure and capex allocation.
GST 2.0: The 2025 rationalisation of GST rates that lowered taxes on many vehicle categories. Buyers deferred purchases ahead of it, which distorts year-on-year comparisons for September 2025.