June Auto Sales Set for Strong Month: Maruti, Tata, M&M and TVS to Lead
June wholesale auto sales expected to surge: PVs +26% YoY, two-wheelers +18%. Tata Motors PV jumps 71%, M&M PV +31%, Maruti +22%, while Bajaj and TVS each climb 26%. Hyundai bucks the trend with a 20% decline. EV momentum continues across segments.
What happened
Maruti Suzuki · June wholesale auto sales expected strong: PVs +26%, two-wheelers +18%. Tata Motors PV jumps 71%, M&M PV +31%, Maruti +22%, Bajaj and TVS +26%
Key facts
- PV +26% YoY
- 2W +18%
- M&HCV +12%
- tractors +7%
- Bajaj 4.55 lakh units +26%
- TVS 5.07 lakh +26%
- Royal Enfield 1.2 lakh +19%
- Hero 5.55 lakh +0.2%
- M&M PV 1.03 lakh +31%
- Maruti 2.05 lakh +22%
- Tata PV 64,000 +71%
- Hyundai 49,000 -20%
- Ashok Leyland 16,900 +10%
- Tata CV 38,200 +26%
- M&M tractors 55,800 +5%
Why this matters
Sustained EV momentum and share shifts toward Tata and M&M against a weakening Hyundai highlight partnership and consolidation opportunities in EV and two-wheeler segments.
What to watch
- Official June SIAM/FADA data release vs the +26% PV / +18% 2W estimate
- Dealer inventory days commentary in earnings calls
- Monsoon progression impacting rural 2W and tractor demand
- Hyundai monthly volume trend over July-August
- EV penetration percentages by segment and any FAME/policy updates
- Cross-check wholesale numbers against VAHAN retail registrations to gauge inventory buildup
- Track Tata Motors and M&M for momentum buying on PV outperformance
- Monitor Hyundai management commentary on the 20% decline and new-launch pipeline
- Position in EV-linked ancillaries (batteries, components) given continued EV momentum
- Watch two-wheeler names (Bajaj, TVS) for rural-demand and export confirmation