Archive · 2 Jul 2025
Auto Sector: Market Slowdown in June with Mixed Performance
The auto industry had a mixed performance in June.
Passenger vehicle sales were down for some companies, but Mahindra & Mahindra saw good growth.
Two-wheelers started recovering, with companies like TVS doing well.
Commercial vehicle sales were down due to changes in regulations.
Tractors continued to perform well.
Experts are still somewhat positive about the sector, and suggest certain auto stocks may be good investments.
Auto sector faced challenges in June 2025, with weak demand impacting PV, CV, and 2W sales.
M&M showed strong YoY growth in PVs (+18% in utility vehicles), while Maruti Suzuki India, Tata Motors, and Hyundai Motor India reported volume declines.
The 2W segment showed signs of recovery, with TVS, Royal Enfield, and Hero MotoCorp delivering double-digit volume growth.
CVs declined due to pre-buying in May ahead of new driver cabin norms effective in June.
Tractors remained a bright spot, with M&M posting 13% YoY growth.
- Who
- Maruti Suzuki, M&M, TVS, Eicher Motors, and other auto companies, along with analysts.
- What
- Analysis of auto sector performance and stock recommendations.
- When
- June 2025 and the months leading up to it.
- Where
- India
- Why
- To provide an overview of the auto market's performance and identify potential investment opportunities.
Bearish
Bullish
Overall Market Sentiment
Bearish
Weak demand is present in many sectors such as passenger, commercial, and two wheeler vehicle categories.
Bullish
Analysts maintain an optimistic outlook about the potential of a second half recovery.
- PV YoY Growth (M&M)
- +18%
- 2W Aggregate Volume Growth (Q1FY26)
- 1% YoY
- CV Wholesale Volume Decline (YoY)
- 3%
- Tractor YoY Growth (M&M)
- 13%
- Top Stock Picks
- Maruti Suzuki, M&M, TVS Motor Company, Eicher Motors
