Indian Auto Market Sees February 2026 Surge: Tata, Hero, TVS Lead Double-Digit Growth

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Auto Sales Soar in Feb 2026: Tata, Hero, TVS Lead Double-Digit Growth

The India–US trade deal
underscores how geographic revenue exposure will shape stock-specific outcomes in the auto and auto ancillary space. Companies with higher US dependence stand to benefit more from tariff relief, while diversified players gain stability. However, $8.3 billion of India’s exports to the US still face Section 232 tariffs, including automobiles ($3.9 billion), steel ($2.5 billion), aluminium ($800 million), timber ($370 million), copper ($547 million) and trucks & ships ($146 million), which remain subject to national security provisions—keeping risks in play despite broader tariff cuts.

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CNBC TV18•02-03-2026, 13:06

Auto Sales Soar in Feb 2026: Tata, Hero, TVS Lead Double-Digit Growth

•Major auto manufacturers reported significant year-on-year sales growth in February 2026, driven by sustained demand.
•Bajaj Auto's total sales surged 27% to 448,259 units, with strong domestic and export performance across segments.
•TVS Motor Company recorded a 31% growth, selling 529,308 units, while Hero MotoCorp's sales jumped 43.84% to 5.58 lakh units.
•Tata Motors PV sales increased 35% to 63,331 units, and commercial vehicle sales rose 32% to 42,940 units.
•Kia India, Renault India, JSW MG Motor, Toyota Kirloskar Motor, Royal Enfield, Mahindra & Mahindra, and Hyundai Motor India all posted positive growth.

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