The Indian automotive industry closed out 2025 with a wave of December sales announcements, sending auto stocks buzzing on January 1-2, 2026. Major two-wheeler and passenger vehicle manufacturers reported their monthly figures, revealing a tale of strong performers and laggards amid ongoing festive momentum, export growth, and some domestic market softness.

TVS Motor Company delivered the standout performance among two-wheeler makers, posting an impressive 50% year-on-year growth in total sales to 481,389 units in December 2025, far exceeding analyst expectations of around 26%. All segments contributed to the robust numbers, with the scooter segment leading the charge at 48% growth. 

Domestic two-wheeler sales surged 54%, while exports rose 40%. The company also highlighted strong momentum in electric vehicles, with EV sales jumping 77% to 35,605 units. This marked one of TVS Motor's strongest monthly results, underscoring its strength in premium and electric segments.

Hero MotoCorp (referred to as "Hiomoto" in some discussions) followed closely with a solid showing, reporting a 40-42.5% increase in wholesales to around 456,479 units, beating expectations of 29%. Both motorcycle and scooter segments performed well, with scooter sales more than doubling on a low base. Domestic sales grew 42.5%, while exports rose 21%. The results reflected continued festive demand and successful new launches in both ICE and EV scooters.

Bajaj Auto delivered numbers largely in line with expectations, with total sales rising 14% to 369,809 units. Domestic sales grew modestly by 4%, with two-wheeler domestic volumes up 3%. However, exports remained a bright spot, surging 24% for two-wheelers and 32% for commercial vehicles, pushing overall export momentum for the third consecutive month.

Analysts noted that festive tailwinds, policy support, and new product launches contributed to the varied outcomes. The industry enters the new year with cautious optimism, supported by a strong finish to 2025. Auto stocks are expected to remain in focus in early 2026 as investors digest these figures and look ahead to the impact of ongoing economic factors and upcoming model launches.