Auto

Tesla stock jumped 3 percent on Friday, on renewed investor optimism as Iran and United States are planning second round of talks. Nasdaq Composite and S&P 500 closed at all-time highs. Overall market sentiment has turned bullish and global markets have been following the US trends. Tesla has remained volatile but the stock has potential to create more wealth for long term investors.

Mahindra & Mahindra posted a 24% year-on-year increase in automobile sales in January, highlighting sustained demand across its key vehicle segments. The growth was driven by strong volumes in utility vehicles and a steady recovery in the broader automotive market. Improved supply-chain stability and continued interest in feature-rich models supported the company’s performance during the month. The January numbers point to resilient consumer sentiment and reinforce Mahindra & Mahindra’s competitive positioning in a crowded auto market.

The recent reduction in Goods and Services Tax (GST) rates on automobiles has inadvertently created disruptions in the auto financing market, with several customers cancelling their existing car loans to take advantage of lower vehicle prices. Lenders, dealers, and automakers are grappling with the unexpected fallout as buyers reconsider loan agreements signed prior to the tax revision.

Mahindra & Mahindra Ltd., one of India’s leading automotive manufacturers, is preparing to scale up its production capabilities and strengthen its after-sales footprint through a new manufacturing plant and an expanded service network. The move comes as demand for passenger vehicles, SUVs, and electric models continues to climb both domestically and in select overseas markets. With this investment, Mahindra seeks to address capacity constraints, reduce delivery timelines, and ensure stronger customer engagement.

India’s auto retail sector experienced a moderate slowdown in July, with overall sales declining 5% year-on-year amid monsoon disruptions, overstocked inventories, and muted demand in key segments. Two-wheelers, passenger vehicles, and tractors saw negative growth, indicating cautious consumer sentiment despite favorable macroeconomic conditions. Commercial vehicles, however, posted a marginal uptick, aided by pre-festive procurement and infrastructure activity.