Maruti, Hyundai, Tata see flat vehicle sales in May amid sluggish demand
India’s leading car makers Maruti Suzuki, Hyundai Motor India and Tata Motors all sold fewer vehicles in May from a year ago as sluggish demand, especially at the entry-level, kept the dispatches flat. However, Korean auto major Hyundai Motor India…
Kia India dispatches up 14 pc at 22,315 units in May
Kia India on Sunday reported 14 per cent year-on- year increase in dispatches to dealers in the domestic market in May. The company billed 22,315 units last month as compared with 19,500 units in May 2024. The newly launched Carens…
Passenger vehicle sales remain flat in May amid sluggish demand
Sales of cars, sedans and utility vehicles remained largely flat last month, albeit on a high base, amid sluggish consumer demand in the local market. As per initial industry estimates about 352,000 passenger vehicles were sold last month, which is…
Buying your dream car just got easier: A deep dive into ACKO Drive’s transparent process
In the past, getting a car meant negotiating prices at dealerships, facing extra fees, and waiting for many days. But what if you could do everything yourself from the comfort of your couch? ACKO Drive offers just that and much…
A China move risked leaving Indian car production dead in its tracks
India’s auto manufacturing faced a severe threat from China’s sudden export restrictions on rare earth magnets, putting the country’s car production at risk of coming to a complete halt within days, according to company executives and industry documents seen by…
Magnet crisis: Auto giants rush to China for rare earth rescue
The Indian automotive industry is preparing to send a high-level delegation to China next week to address escalating concerns over delays in rare earth magnet imports, people familiar with the development said. They noted that China’s new export restrictions on…
Mahindra introduces Dolby Atmos in Thar Roxx trim
Mahindra & Mahindra (M&M) on Friday said it has joined hands with Dolby Laboratories to introduce Dolby Atmos in the Mahindra Thar ROXX AX7L variant. This marks a first-of-its-kind innovation in the global SUV market, integrating 4-channel immersive audio powered…
Industry smells a jackpot as India’s truck fleet hits 10-yr high
India’s ageing fleet of medium and heavy commercial vehicles (M&HCVs) is expected to trigger a significant rise in replacement demand, as truck makers and analysts see fleet operators shifting towards newer, more efficient models with better technology and faster turnaround…
Auto components maker Samvardhana Motherson to spend 70% of FY26 capex beyond cars
Automotive components maker Samvardhana Motherson International Ltd (SAMIL) on Thursday said it will allocate nearly 70% of its planned ₹6,000 crore capital expenditure for FY26 to non-automotive businesses, as per its FY25 earnings presentation. The company is investing in greenfield…
Luxe just another car, big auto ups bling with Limited Editions
Luxury carmakers in India are sharpening their focus on exclusivity and personalisation to deepen their engagement with the lucrative and burgeoning pool of affluent buyers. By rolling out limited-edition variants and high-performance versions of core models, these automakers are not…
The new age of car shopping: How ACKO Drive is revolutionising the car buying journey
Buying a car is a significant milestone for many. Proper research is needed about the different models, engine options, fuel efficiency, and maintenance costs to make the right choice. With digitalisation on the rise, the way Indian car enthusiasts buy…
BMW India offers price protection on MINI Cooper S imported from UK
Luxury automotive group BMW is offering a price protection assurance program to Indian customers looking to buy MINI 3-Door Cooper S model produced at its Oxford plant in the UK, amid anticipated duty cuts in the wake of India-UK FTA…
India’s auto sector duty concession offer to UK under FTA is very nuanced: Official
India’s duty concession offer for the auto sector under the free trade agreement (FTA) with the UK is “very nuanced” with relaxations and quotas linked to engine capacity and vehicle prices, an official said. India has included adequate safeguards in…
Audi India partners with Neeraj Chopra
Luxury carmaker Audi India on Monday said it has partnered with double-Olympic medalist javelin thrower Neeraj Chopra. The partnership celebrates the shared values between the athlete and the brand – world-class performance, explosive speed and iconic stature, Audi India said…
Tata Motors global tax outgo at Rs 38,892 crore in FY25
Tata Motors has paid Rs 38,892 crore in tax and other contributions globally in 2024-25, a dip of 1 per cent as compared with Rs 39,344 crore in the FY24, according to its inaugural Tax Transparency Report. Direct contributions, including,…
Japan makes it to top five markets for India-made cars
NEW DELHI: Japan emerged one of the top five export destinations for Made-in-India cars for the first time in the last fiscal year, underscoring steadily growing global acceptance of cars built in the country, including developed markets. Key Indian exporters…
More Range Rover limited edition trims to debut in Indian mkt, says MD Martin Limpert
India could see the introduction of more Range Rover limited edition trims, specially curated for the country, to cater to the diverse set of customers in the market, according to a top company executive. The brand is looking at enhancing…
Maharashtra tops list of states for PV sales in FY25
Maharashtra ranked first for passenger vehicle sales in India, while Uttar Pradesh led in two-wheeler sales in 2024-25, according to data from the Society of Indian Automobile Manufacturers. In 2024-25, passenger vehicles (PV) sales in Maharashtra stood at 5,06,254 units,…
Demerger to bring strategic clarity, long-term returns for shareholders: Tata Motors chairman N Chandrasekaran
The proposed demerger of Tata Motors into two listed entities will bring strategic clarity, enabling long-term returns for shareholders, according to Chairman N Chandrasekaran. Addressing shareholders in the company’s 80th Integrated Annual Report for FY25, he noted that the demerger…
Ashok Leyland earmarks Rs 1,000 cr capex for FY26: Official
Hinduja Group flagship Ashok Leyland has earmarked about Rs 1,000 crore towards capital expenditure for the current financial year, a top official said on Friday. The city-headquartered heavy commercial vehicle manufacturer with a strong financial position of Rs 4,242 crore…
Kia reveals price for new Carens Clavis: Check features, colours, starting price and other details
Kia India launched its big, bold family vehicle, the new Kia Carens Clavis, for Indian consumers at a starting price of Rs 11.49 lakhs on Friday. Kia digital tiger face, LED headlamps with LED daytime running lights, and Starmap LED…
Small cars likely to drive growth as entry-level sales decline, says Vivek Srivatsa, CCO, Tata Passenger Electric Mobility
Small car sales, which have seen a sharp sales decline in the last few years, are likely to gain some traction at the more premium end of the market powered by new launches, Vivek Srivatsa, chief commercial officer at Tata…
Bajaj Auto to acquire controlling stake in KTM in €800 million deal
Mumbai: Bajaj Auto is set to take control of Austrian motorcycle manufacturer KTM in a deal valued at €800 million, the company said in an exchange filing, marking its transition from a minority investor to majority stakeholder. The Pune-based motorcycle…
Automotive component sector likely to clock 7-9% revenue growth in FY26: Crisil
Domestic automotive component sector is expected to clock 7-9 per cent revenue growth this fiscal, mirroring last fiscal, driven by sustained demand momentum from two-wheelers and passenger vehicles segments especially utility vehicles, which account for nearly half of the overall…
Renault Group seeks CCI nod to buy out remaining 51% stake in Indian joint venture
French auto major Renault group has sought approval from fair trade regulator CCI to buy out its Japanese partner Nissan’s remaining 51 per cent stake in their Indian manufacturing joint venture — Renault Nissan Automotive India Pvt Ltd. Renault Group…
Wheels India earmarks Rs 250 crore as capital expenditure for current fiscal
Wheels India has drawn up a capital expenditure plan of Rs 250 crore for the current financial year, with the majority of it set aside for manufacturing windmill components. The city-headquartered company expects its overseas business to be strong during…
Suzuki Motorcycle India to set up a new plant in Haryana, invests Rs 1,200 crore initially
Mumbai: Two-wheeler maker Suzuki Motorcycle India on Tuesday laid the foundation stone of a manufacturing facility at Kharkhoda in Haryana, which will be developed at an initial investment of Rs 1,200 crore. Located at IMT Kharkhoda HSIIDC industrial township and…
Country roads seen taking tractors to one million milestone
New Delhi: Tractor sales, a barometer of economic activity in India’s rural markets, are expected to touch record levels in this financial year on the back of a favourable southwest monsoon, higher minimum support prices for key crops and increased…
Euler Motors raises Rs 638 cr in funding round led by Hero MotoCorp
Mumbai: Electric commercial vehicle startup Euler Motors on Monday announced that it has raised Rs 638 crore in a Series D funding round led by Hero MotoCorp. The round also saw participation from existing investor British International Investment (BII), the…
KTM co-owner Bajaj Auto signs €566m loan before funding deadline
The co-owner of the KTM AG motorcycle maker has secured a €566 million ($632 million) one-year loan within days of a deadline to fund an insolvency plan at the troubled Austrian company. The European unit of Bajaj Auto Ltd. agreed…
SUVs drive April auto sales up 4% as entry-level buyers hold back
Sales of cars, sedans and utility vehicles last month grew by about 4% supported by demand for SUVs which managed to retain traction among more affluent buyers, even as customers at the entry-level stayed away from making purchases dragging down…
Nissan mulls shutting two plants in Japan, considers halting production plants in India too
Nissan is preparing plans to shut two car assembly plants in Japan and considering closing two factories in Mexico, as the automaker restructures, the Yomiuri newspaper reported on Saturday. Nissan said in a statement on its website that recent reports…
Stepping up activities to regain market share, passionate about domestic dominance: Hyundai Motor India Ltd COO
Hyundai Motor India Ltd is stepping up activities, including new product launches, efforts to enhance sales in rural, institutional and pre-owned car segments to regain its number two position in the domestic market, its Chief Operating Officer Tarun Garg said…
Hyundai sends fact-finding team to India as market share hits 12-year low
Hyundai Motor Co (HMC) dispatched a high-level fact-finding team to India last month. Their task: figure out why the local unit is facing a sustained slide in market share amid escalating competition. Hyundai Motor India Ltd (HMIL) ended FY25 with…
JK Tyre commences production of car tyres with ISCC Plus certified material
JK Tyre & Industries on Thursday said it has commenced production of passenger car tyres using ISCC Plus certified sustainable raw materials at its Chennai-based manufacturing plant. The company has initiated production of UX Royale Green tyres at the plant….
India-UK FTA augurs well for JLR, future cars expected to benefit: Tata Motors Group CFO
The India-UK free trade agreement augurs well to keep driving JLR’s performance in India as it would benefit future cars and enable customers to access global cars and global prices much faster, Tata Motors Group CFO PB Balaji said on…
Royal Enfield hits record high with 2.8 lakh quarterly sales, crosses 1 million units in FY25
Royal Enfield has posted its highest-ever quarterly sales, clocking 2,80,801 units in Q4 FY25, a 23.2% growth over the same period last year, parent company Eicher Motors announced on Wednesday. The iconic bike maker crossed the 1 million mark in…
JLR buyers hit the brakes in India, wait for more clarity on FTA with UK
Mumbai: Stung by an abrupt slowdown in sales in the Indian market since the India-UK free trade agreement, top Jaguar Land Rover (JLR) executives met at Bombay House on Monday to discuss the developments, a day prior to the company’s…
Exide aims to become a Rs 20000-crore company in the next 2-3 years
Kolkata: The storage battery maker Exide Industries is aiming to become a Rs 20000-crore company in the next two to three years, growing from Rs 16588 crore as of end March, managing director Avik Roy said Tuesday in his first…
Expect India PV wholesale growth at 1-2% in FY26, Maruti to outpace industry growth: Suzuki
Japanese small car major Suzuki Motor Corporation on Monday said overall passenger vehicle wholesale in the Indian market is expected to grow around 1-2 per cent in 2025-26, with the company’s arm Maruti Suzuki looking to outpace industry growth. The…
Maruti Suzuki to offer 6 airbags as standard in Alto K10, WagonR
Maruti Suzuki India on Monday said it will offer six airbags as standard equipment across models like WagonR, Alto K10, Celerio, and Eeco. The move underscores the company’s commitment to offering enhanced safety for customers across diverse segments, the country’s…
Honda Cars domestic sales dip 23% in April at 3,360 units
Honda Cars India on Thursday said its domestic sales declined 23 per cent year-on-year to 3,360 units in April. The automaker dispatched 4,351 units to dealers in April last year. Export declined to 1,511 units last month as compared with…
Audi to hike vehicle prices by up to 2 pc from May 15
Luxury carmaker Audi India on Friday said it will hike vehicle prices by up to 2 per cent from May 15 in order to partially offset the impact of exchange rate and input cost. The German automaker said the price…
Two-wheeler sales to sustain growth momentum in FY26: TVS Motor
The domestic two-wheeler industry is expected to sustain growth momentum this fiscal, aided by income tax relief, enhanced spending on infrastructure and expectations of a normal monsoon, TVS Motor Company CEO KN Radhakrishnan has said. Overall, two-wheeler registrations rose 8…
Superbikes in India: How millennials are turning high-speed riding into a lifestyle
Fill It, Shut It, Never Forget ItThe story is the same on most weekends. The quiet chill early in the morning is broken by the roar of burning dinosaur juice. Cubic capacities spit fire and turn the wheels for riders…
Debunking Myths: The game changing benefits of EVs
India’s air quality crisis has reached alarming levels, with the post Diwali pollution spike in Delhi and Mumbai recording new lows. The situation is equally grim in smaller towns and cities with places in Meghalaya, Bihar and Rajasthan reporting hazardous…
Mercedes to hike vehicle prices by up to 3 pc in two stages by Sep
Mercedes-Benz India on Friday said it will hike ex-showroom prices of its models, ranging between Rs 90,000 and Rs 12.2 lakh in two stages this year, in order to partially offset the impact of significant forex fluctuations. Price corrections in…
With tariff war paused, customers leverage festivals to boost auto sales in April: FADA
Overall automobile retail sales in India grew a modest 2.95 per cent in April this year to 22,87,952 units with completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on…
Uno Minda lines up Rs 200 cr investment to set up Haryana plant
Auto components maker Uno Minda on Thursday said its board has approved setting up a new manufacturing plant for two-wheeler alloy wheels in Haryana at an investment of around Rs 200 crore. The company board has given its go-ahead for…
Mahindra aims to roll out 1.2 lakh more vehicles a year from new Chakan platform
Mahindra & Mahindra on Monday announced a new platform capacity of 1.2 lakh per annum in Maharashtra’s Chakan, while announcing its Q4 results. The capacity for the XUV3XO and Thar Roxx in F26 has been increased by 3,000 units. M&M…
Strong SUV demand drives up M&M standalone net 22% in March quarter
New Delhi: In a sluggish market, homegrown auto major Mahindra & Mahindra (M&M) on Monday beat Street estimates to report a 22% increase in standalone net profit at ₹2,437 crore for the fourth quarter ended March 31, driven by strong…
Consumers of premium cars and SUVs likely to benefit from India-UK FTA
New Delhi: Consumers of premium cars and SUVs are likely to benefit from the India-UK FTA with New Delhi set to cut import duties on a specified volume of vehicles.As per a statement issued by the UK government, high-end cars…
In 29 years of existence, Hyundai invested $6 billion scaling up operations in India
Hyundai Motor India has invested USD 6 billion towards scaling up operations in India, as the South Korean multinational automaker completed 29 years of its presence here in the third largest automobile market.Hyundai Motor India Limited (HMIL) celebrated its 29th…
Car & 2-wheeler sales crawl in April, commercial vehicles stall
New Delhi: Vehicle registrations in India grew by 3% to 2.29 million units in April as two-wheeler and passenger vehicle segments recorded modest increases while commercial vehicle registrations declined.Registrations or retail sales of two-wheelers and passenger vehicles grew by 2.3%…
Maruti Suzuki market share dips below 40 pc in April
Car market leader Maruti Suzuki India’s share in the domestic passenger vehicle market fell below 40 per cent in April, while Mahindra & Mahindra emerged as the second largest player in the month, according to data released by FADA. Long-time…
Industry forecast: FY26 seen as too good for 2-wheelers
Two-wheeler manufacturers expect sales this year to test the pre-pandemic peak, hoping that lower EMIs because of a cut in interest rates and higher disposable income resulting from income tax reforms will encourage the middle class to spend on motorcycles,…
Hero MotoCorp dispatches dip 43 pc in April, hit by production pause
Hero MotoCorp on Friday said its dispatches to dealers declined 43 per cent to 3,05,406 units in April hit by a three-day production pause at four plants. The company dispatched 5,33,585 units to dealers in April last year. Domestic sales…
Top Carmakers push dealership expansion despite sluggish sales
Leading automobile manufacturers have aggressively expanded their sales touchpoints, even as passenger vehicle sales have been under pressure in recent months, sparking concern among their dealers.While manufacturers justify the rapid growth of their dealership networks as part of a broader…
India can feed off China’s misery again as global automakers eye desi drive
As rising tariffs on Chinese imports threaten to disrupt the global automotive supply chain, India is emerging as a promising alternative for global automakers seeking more resilient and cost-effective manufacturing partners.According to a recent report by Nomura, cited by ANI,…
As SUV battle intensifies, Mahindra & Tata overtake Hyundai in April dispatches
In a notable reshuffle in India’s passenger vehicle market, Mahindra & Mahindra (M&M) and Tata Motors surpassed Hyundai Motor India in domestic dispatches for April 2025, taking the second and third spots respectively- pushing Hyundai to fourth for the first…
HMSI sells 4.8 lakh units in April 2025
Honda Motorcycle and Scooter India (HMSI) on Friday announced that 4,80,896 were sold in April 2025, which included 4,22,931 domestic units and 57,965 exported units. This is a 11 per cent year-on-year decline from 5,41,946 units sold last April. In…
In a slow market, SUVs keep motown going
New Delhi: Homegrown auto major Mahindra & Mahindra (M&M) pipped rivals Hyundai Motor India and Tata Motors to grab the second spot in the passenger vehicle segment last month, powered by demand for its range of SUVs.Industry estimates about 356,000…
Royal Enfield sales up 6% to 86,559 units in April
Royal Enfield on Thursday said its overall sales increased 6 per cent year-on-year to 86,559 units in April. The company sold 82,043 units in April last year. Domestic dispatches to dealers stood at 76,002 units last month, an increase of…
Ceat charts out Rs 1,000 cr capex drive for FY26
Mumbai: RPG Group-owned CEAT Ltd has earmarked ₹950-1,000 crore as capital expenditure for this fiscal year, mainly to expand manufacturing capacity across its key product segments including truck and bus radials (TBR), off-highway tyres (OHT), and two-wheeler tyres.Speaking to ET,…
Skoda Auto Volkswagen recalls over 47,000 units to fix rear seatbelt
Skoda Auto Volkswagen India is recalling over 47,000 units of various models, including Taigun, Virtus and Kushaq due to potential manufacturing defect with the rear seatbelt, according to industry body SIAM. The automaker is recalling 21,513 units of Taigun and…
JSW MG Motors sets in motion up to $350 million fund raise from PE investors
JSW MG Motor India is looking to raise $300-350 million (Rs 2500-Rs 2980 crore) from institutional investors like climate focussed privte equity funds and sovereign wealth organisations, to fund expansion of its existing model line-up and augment capacity, according to…
With SML Isuzu acquisition, Mahindra eyes bigger play in more than 3.5 tonne truck, bus market
Mumbai: Mahindra & Mahindra (M&M) Monday said the acquisition of SML Isuzu will make it a significant fourth-ranked manufacturer in the more than 3.5-tonne truck and bus segment and boost its share in the 5-12 tonne bus category to 21%.The…
Isuzu acquisition to help M&M scale up its CV biz: MD & CEO Anish Shah
Mumbai: Mahindra & Mahindra (M&M) on Monday said the acquisition of SML Isuzu will make it a significant fourth-ranked manufacturer in the more than 3.5-tonne truck and bus segment and boost its share in the 5-12 tonne bus category to…
Tata Motors’ EV journey moving in the right direction: Anand Kulkarni, Chief Products Officer
Tata Motors has been a strong force in the Indian EV market, with a substantial 38.10% market share as of March 2025. The company has cumulatively sold over 2 lakh EVs in India as of February 2025, underscoring their significant…
Nissan cuts non-core operations to manage costs
Weeks after selling its stake in Renault Nissan Automotive India (RNAIPL), Nissan Motor India is further trimming operations to manage costs. According to an internal circular seen by ET, Nissan is cutting non-core operations at Renault Nissan Technology & Business…
Mahindra & Mahindra to acquire majority stake in SML Isuzu for over Rs 550 crore
Mahindra & Mahindra (M&M) announced on Saturday it will acquire a majority stake of 58.96% in commercial trucks and bus maker Isuzu Limited (SML) at Rs 555 crore.M&M will buy 63.62 lakh shares of SML from Sumitomo Corporation, one of…
Mahindra to buy nearly 59% stake in SML Isuzu for Rs 555 crore at deep discount
Mahindra & Mahindra has agreed to acquire a 58.96% stake in commercial vehicle maker SML Isuzu Ltd for Rs555 crore, or at Rs650 a share, a massive discount to the company’s last stock price of Rs1,766.70 on the BSE.Mahindra will…
Royal Enfield launches 2025 Hunter 350. Check features and price
Royal Enfield today introduced the 2025 Hunter 350. The 2025 Hunter 350 offers three new colourways and upgraded features, the company said in a release. The 2025 Hunter 350 was unveiled at HunterHood, Royal Enfield’s first-ever street culture festival hosted…
India mulls major sop spree to take trucking electric
The central government is actively exploring a variety of incentives aimed at boosting the adoption of electric trucks. These incentives could range from direct subsidies and reduced interest rates to toll exemptions and decreased registration fees, particularly on designated “priority…
Tax relief on up to Rs 12 lakh annual income unlikely to revive small car demand: Maruti chairman
Income tax relief on annual earnings of up to Rs 12 lakh is unlikely to revive demand for small cars, which is critical for overall growth of the industry in India, and the government needs to take steps to address…
‘Trucks, CVs to get new safety norms’: Nitin Gadkari
New Delhi: India will soon put in place safety assessment and rating mechanism for trucks and commercial vehicles on the lines of Bharat New Car Assessment Program (BNCAP) which is the country’s own four-wheel star rating system, road transport and…
Safety assessment rating for trucks, heavy vehicles on lines of Bharat NCAP soon: Nitin Gadkari
The Ministry of Road Transport and Highways is planning to launch safety assessment rating for trucks and heavy commercial vehicles on the lines of Bharat NCAP (New Car Assessment Programme), the country’s own crash testing programme, Union Minister Nitin Gadkari…
SUV contribution rises to 68.5 pc of overall sales in FY25: Hyundai
Hyundai Motor India on Monday said SUVs accounted for 68.5 per cent of its overall sales in the last fiscal year, registering a growth of 8 per cent as compared with the 2023-24 fiscal year. The company expects the SUV…
Maruti Suzuki to establish Osamu Suzuki Centre of Excellence in India to increase manufacturing excellence
Maruti Suzuki India and Suzuki Motor Corporation on Wednesday announced the proposal to establish Osamu Suzuki Centre of Excellence (OSCOE) in India as a tribute to the company’s leader Osamu Suzuki. The announcement was made as part of the remembrance…
India’s top auto makers face market share decline as competition intensifies in FY25
India’s top passenger vehicle (PV) and two-wheeler makers saw their market shares dip to multi-year lows in FY25 amid intensifying competition from some smaller rivals for overall fiscal sales of over 25 million vehicles. In the PV segment, market shares…
Renault opens new design centre near Chennai to boost ‘Design in India’ vision
French carmaker Renault inaugurated its new Renault Design Centre Chennai (RDCC) near here on Tuesday, marking a major step in the company’s ‘design in India’ vision. The facility is set to play a key role in Renault’s efforts to boost…
How reliable is car rental in Mumbai during monsoon?
car rental in Mumbai Car rental in Mumbai during the monsoon season can be a reliable and comfortable option, especially when you choose a trusted provider like Sudarshan Cars. As one of the most established car rental companies in Mumbai,…
Goodyear looks to sell India farm tyres biz for Rs 2,500 crore
Goodyear Tire and Rubber is planning to hive off and sell its farm tire business in India, a year after it sold its off the road business to Japanese major Yokohama for $905 million, said people aware of the development….
Mahindra Group announces senior leadership appointments
Mahindra Group on Monday announced senior leadership appointments across businesses, with Hemant Sikka, currently President of the Farm Equipment Sector, being appointed as the MD & CEO of Mahindra Logistics (MLL). Veejay Nakra, who is currently President Automotive Division, will…
GST body drops Rs 115 cr from tax demand against Mahindra & Mahindra
Mumbai: The adjudicating authority on goods and services tax has dropped a major portion of the GST sought from Mahindra & Mahindra for allowing its group companies to use its brand name and logo, but upheld a part of the…
Manufacturing base and cost advantages to make India a leader in global auto component market: NITI Aayog
India’s manufacturing base and cost advantages will position the country suitably for potential market leadership in coming years, said NITI Aayog in its latest report. “India’s presence in the global automotive component market is relatively small. However, India’s growing manufacturing…
Discounts on luxury cars soften despite sales pressure on dealers
Mumbai: Discounts on luxury passenger vehicles (PVs) have begun to decline after scaling a peak in March, but pressure on sales persists, said industry executives. While attractive offers continue in select and slow-moving segments, the overall intensity of price cuts…
Skoda India aims to sell 150% more all-desi new Kodiaq amid SUV wave
Skoda hopes its new Kodiaq will strengthen the brand in India as the SUV market grows, says Skoda India Director Petr Janeba Skoda Auto is confident that the launch of the new Kodiaq SUV in India will help further strengthen…
Don’t hide behind tariffs, use new opportunities to grow, says Maruti Suzuki chairman Bhargava
New Delhi: India cannot hide behind tariff walls if it is to grow, Maruti Suzuki chairman RC Bhargava said, highlighting the necessity of expediting trade pacts in a world reeling under the impact of levies announced by US President Donald…
India lacks innovations in automobile sector, need to hike substantial investments in R&D: NITI Aayog
India’s growth in the global automobile sector is held back due to a lack of innovation, primarily driven by inadequate Research and Development (R&D) infrastructure, says a report by NITI Aayog. The report stated that India’s spending on R&D remains…
Skoda India halts plans to launch imported cars
Mumbai: Skoda Auto India has halted plans to import fully-built petrol and diesel vehicles, as well as battery electric cars till it gets clarity on customs duties, a senior executive said. The Czech carmaker is also deferring plans to locally…
TVS Apache RR 310 launched with top speed of 215.9 km/h. Check price, features and other details
TVS Motor Company (TVSM) on Thursday unveiled the updated TVS Apache RR310 – its flagship offering in the Super Premium Sports Motorcycle category. The 2025 edition is compliant to the OBD-2B norms. It commemorates the 20th anniversary of the TVS…
CV Comeback: Commercial vehicle sales aim for one million after seven-year wait
India’s domestic commercial vehicle (CV) sales are expected to reach nearly one million units in the current financial year, driven by improved infrastructure activity, rising replacement demand, and policy support under the PM-eBus Sewa scheme. The expected volumes would mark…
Nissan to launch advanced self-driving technology ‘Pro-PILOT’ by FY27
Nissan on Wednesday announced that it will roll out its next-generation self-driving technology starting in FY27. This new system, called ProPILOT, will feature advanced safety and automation tools that aim to take autonomous driving to the next level. A key…
Wipro CEO Srini Pallia unveils cloud car prototype, showcases AI-driven SDV tech in Bengaluru
Wipro CEO Srini Pallia was seen posing next to the company’s new automotive prototype at its Bengaluru campus on Monday. The vehicle is powered by Wipro’s cloud car ecosystem, showcasing its capabilities in the emerging space of software-defined vehicles (SDVs),…
Auto sales hit record highs for third year despite slowing growth, SIAM data shows
Car sales in the local market grew in low single-digits in the fiscal that ended on 31 March. Compared to last year, on a high base and amid slowing demand in the local market. As per data released by industry…
Nidhi Kaistha appointed as Head of Lamborghini India
Italian super luxury car maker Lamborghini Monday announced the appointment of Nidhi Kaistha as the Head of Lamborghini India with effect from April 1, 2025. In her new role, Kaistha will oversee sales, marketing and after sales operations for the…
Trump tariffs may open new opportunities for India, says Skoda Auto Volkswagen official
European auto major Skoda Auto Volkswagen India on Monday said while it does not support the new reciprocal tariff imposed by the Trump Administration, which have now been paused for 90 days on non-retaliating countries, the move may open up…
Honda exits Vithalapur, paving way for large-scale industrial city
In a significant move that could transform Vithalapur’s industrial future, Honda Cars India Ltd (HCIL) has exited its long-held land parcel near Ahmedabad, clearing the path for the development of a large-scale industrial city. The Japanese carmaker has sold its…
Hero Motocorp retains top slot in two-wheeler space in FY25; ends year with 29 pc market share
Hero MotoCorp maintained its leadership in the two-wheeler retail sales last fiscal with sales of over 54 lakh units amid enhanced competition in the vertical, as per the latest FADA data. Honda Motorcycle & Scooter India took second spot with…
Belrise Industries acquires H-One India
IPO-bound auto components maker Belrise Industries on Friday announced the acquisition of the Indian arm of Japanese firm H-One Co. The move is aimed at expanding Belrise’s design and manufacturing capabilities and strengthen its position as a supplier of chassis…
India’s auto component industry to hit USD 145 billion by 2030, exports to triple: NITI Aayog
India’s top policy think tank body NITI Aayog has envisions the country’s automotive component production growing to USD 145 billion by 2030, with exports tripling from USD 20 billion to USD 60 billion. “NITI Aayog’s vision for India’s automotive sector…
NITI Aayog lays out roadmap to boost auto component manufacturing in India
NITI Aayog has called for fiscal incentives to boost manufacturing of auto components and development of brownfield large-scale auto clusters for enabling India to become part of the global value chain. The move is aimed at tripling India’s auto component…
Rich Indians pinching pennies? A warning sign flashes
Since the pandemic, India’s rich have been on a splurge. An overall consumption slowdown has failed to restrain their spending spree. This has made India an outlier in the global luxury market. But now things could be taking a turn….
Luxury cars go full throttle into stagnation street
Mumbai: Luxury car sales in India grew at the slowest pace in at least three years in the just-ended fiscal as economic uncertainties and stock market volatility weighed on consumer sentiment. However, the number of high-end cars sold reached a…
Lexus India reports 19 pc retail sales growth in FY25
Luxury carmaker Lexus India on Thursday said its retail sales increased 19 per cent for FY25 as compared to FY24. The company’s retail sales increased 17 per cent in the fourth quarter as compared to the same period last fiscal,…
900 Kia car engines stolen in Andhra over five years; police launch probe
As many as 900 Kia car engines were allegedly stolen in Sri Sathyasai district over a period of five years, prompting the South Korean automobile company to lodge a police complaint, an official said on Tuesday. Kia operates a car…
RBI rate cut will have positive impact on auto sector: SIAM
Automotive sector will benefit from the positive impact of the Reserve Bank of India cutting key interest rate by 25 basis points as it will decrease financing costs and create positive sentiments in the market, Society of Indian Automobile Manufacturers…
JLR evaluating various steps to respond to US tariffs: Tata Motors
Tata Motors on Tuesday said its unit Jaguar Land Rover (JLR) is evaluating various steps to respond to the tariff announced by the US on April 2, 2025. In a clarification to the bourses, the Mumbai-based auto major said the…
Tata Motors group global wholesales slip 3 pc to 3,66,177 units in Q4
New Delhi: Tata Motors on Tuesday reported a 3 per cent decline in its group global wholesales, including Jaguar Land Rover, at 3,66,177 units in the fourth quarter of 2024-25 as compared to the year-ago period. Global wholesales of Tata…
Small cars hit a steep decline as SUVs shift gears, leaving hatchbacks in the dust
Small cars are stumbling downhill, posting their steepest sales decline in recent times last fiscal even as demand for more premium SUVs rose in double digits, reflecting the growing divide between entry-level buyers and more affluent consumers. Absolute volumes of…
Mahindra expands India Design Studio to cater to evolving needs
Mahindra & Mahindra on Monday said it has expanded its Mumbai-based India Design Studio to cater to the evolving needs of its expanding product portfolio. The company has doubled the size of the existing studio and reaffirmed the automaker’s commitment…
Cybersecurity likely to become must-have feature in next-gen connected vehicles: Experts
With cars and transport vehicles becoming more connected and software-driven, automotive cybersecurity is likely to become a standard feature much like airbags or traction control, according to industry experts. While many global players are racing to build cybersecurity solutions for…
Tesla’s entry will help grow EV market in India, not worried about competition: BMW
BMW Group India is unfazed by the prospect of Tesla entering the electric vehicle market here and feels it will help grow the segment, according to its Managing Director and CEO Vikram Pawah. The group, which sold a total of…
BMW India sales up 7 pc at 3,914 units in Q1 2025
German luxury carmaker BMW on Thursday reported a 7 per cent increase in its car sales in India at 3,914 units in the January-March period of 2025, its best ever first quarter sales, riding on its sports activity and electric…
Rising input costs to meet safety norms, consumer demand force carmakers to hike prices
Rising input costs to meet mandatory safety requirements as well as growing consumer preference for features such as six airbags in all variants are making carmakers increase prices despite sluggish demand, according to industry players. Marker leader Maruti Suzuki India…
Your next BMW or Mercedes may come with spa features
The Lincoln Nautilus sports the same constellation grille, rounded box styling, turbine wheels and linear taillights as the other three luxury SUVs in the 108-year-old brand’s lineup. Where it sets itself apart is on the inside, with a cabin that…
Auto industry unlikely to face Trump tariff’s heat due to minimal exports
Automobile industry does not expect any significant impact of the latest tariff war with the sector being exempt from the additional duties beyond the ones that were imposed less than two weeks back, industry body SIAM said on Thursday. It…
US tariffs not to have any material impact on India’s passenger vehicle exports: ICRA
The latest tariff measures by the US administration will not have any material impact on India’s passenger vehicle exports due to meagre volumes of such shipments, ICRA said on Thursday. As part of reciprocal tariffs on about 60 countries to…
Don’t see any significant impact on Indian auto industry by US reciprocal tariff: SIAM
The Indian automobile industry does not expect to have any significant impact by US President Donald Trump’s reciprocal tariff announcement as autos are not covered in it, besides there are limited exports to the US, industry body SIAM said on…
Maruti Suzuki WagonR tops passenger vehicle sales for 4 years in a row
Maruti Suzuki WagonR became India’s highest selling car for the fourth year in a row after 1,98,451 units were sold in FY25. In a press release, the company said that the WagonR continues to evolve to meet the changing needs…
Maruti Suzuki hikes car prices by up to Rs 62,000 with effect from April 8
The country’s largest carmaker Maruti Suzuki Tuesday said it will increase prices across its range of vehicles by up to Rs 62,000 with effect from 8 April, 2025. Last month, the company had notified the exchanges that it will raise…
Domestic passenger vehicle sales reach new peak in FY25, driven by SUV demand
Domestic passenger vehicle sales are estimated to have advanced in low single-digits in the just-ended fiscal year largely due to a high base and slowing demand. Sales, however, reached a new peak for the third consecutive year in FY25, lifted…
Kia India sales up 19 pc in March
New Delhi, Kia India on Tuesday said its dispatches to dealers in the domestic market increased 19 per cent year-on-year to 25,525 units in March. The company dispatched 21,400 units to its dealers in March 2024. For FY25, the company…
TVS Motor Company Singapore arm divests stake in Ion Mobility
TVS Motor Company on Monday said its Singapore-based arm has divested its stake in Ion Mobility while acquiring identified assets from the latter for USD 1.75 million (nearly Rs 15 crore). TVS Motor (Singapore) Pte Ltd (TVSM Singapore), a wholly-owned…
Renault buys Nissan’s 51% stake in India manufacturing unit
French auto major Renault on Monday said it will buy out its Japanese partner Nissan’s stake in their Indian joint venture — Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent of Renault Nissan Automotive India…
India open to clearing import duty hurdle for US auto parts
India is open to the possibility of reducing or even eliminating customs duties on auto parts imports from the US, a government official said. Currently, the customs duty on parts imports ranges between 10% and 15%, averaging at 11%. “There…
Tata AutoComp Systems to acquire 80% stake in Artifex
Tata AutoComp Systems Ltd on Sunday said it will acquire 80 per cent stake in Artifex Interior Systems Ltd, a part of the Jaguar Land Rover group, for an undisclosed sum. On completion of this transaction, Artifex, with revenue of…
Automakers brace for a rough road ahead in FY26
Mumbai: Automakers are bracing for a likely challenging start to the new fiscal year, when price hikes they are compelled to make due to higher input cost could further dampen demand that is already weak and increase inventory that are…
Trump’s auto tariff has limited impact on India, it may even open doors for auto component industry
New Delhi: The recent decision by U.S. President Donald Trump to impose a 25 per cent tariff on fully built vehicles (CBUs) and auto parts is expected to have little impact on India’s automobile industry, according to a statement by…
Centre to do tariff math, seeks auto parts data
The Centre has asked the auto parts industry for data on exports to the US, specifically on the number of companies involved and volume of products shipped to the nation, to assess the impact of President Donald Trump’s move to…
Auto Inc fastens its seatbelts, braces for Trump tariff impact
Mumbai|New Delhi: Tata Motors’ Jaguar Land Rover unit and component makers such as Bharat Forge, Samvardhana Motherson, Sona BLW and Ramkrishna Forgings are among those that could be hit by the 25% auto tariffs that Donald Trump has announced. The…
Royal Enfield launches Classic 650 Twin in India: Check prices, features, engine details & more
Royal Enfield has expanded its 650cc lineup with the launch of the highly anticipated Classic 650 Twin in India. The new model is priced starting at Rs 3.37 lakh (ex-showroom). This debut marks the latest addition to Royal Enfield’s expanding…
Is Tesla-killer BYD chasing Elon Musk to India?
As American electric vehicle (EV) maker Tesla struggles with falling sales and share price and global protests against his brand for his support to US President Donald Trump, its CEO Elon Musk looks at India with hope. Long seen as…
ED attaches fresh assets of Amtek Group worth Rs 557 cr
New Delhi: Fresh assets worth more than ₹550 crore of an insolvent automotive equipment manufacturing company were provisionally attached on Wednesday under the anti-money-laundering law in an alleged bank loan fraud of ₹27,000 crore, the ED said. The action was…
Ashok Leyland denies reports of acquiring stake in SML Isuzu; says ‘factually incorrect’
Ashok Leyland Limited on Wednesday refuted recent media reports claiming that the company was in advanced negotiations to acquire the promoter’s stake in SML Isuzu from Japan’s Sumitomo Corporation. In an exchange filing, the company denied the news as “factually…
India on track to become the world’s largest automobile market by 2030: Nitin Gadkari
New Delhi: India is on track to become the world’s largest automobile market by 2030, union road transport and highways minister Nitin Gadkari said Tuesday, outlining a push towards electric, bio and alternative fuel vehicles. At the HPCL Times Drive…
Govt to make emergency braking, drowsiness alerts mandatory in all large passenger vehicles
Starting April 2026, all new passenger vehicle models carrying more than eight people, along with buses and trucks, must be equipped with advanced emergency braking systems (AEBS), driver drowsiness and attention warning systems (DDAWS), and lane departure warning systems (LDWS)….
Tata Autocomp to acquire International Automotive Components Group Sweden
Tata AutoComp Systems Ltd on Monday said it will acquire International Automotive Components Group Sweden AB (IAC Sweden), in a bid to strengthen its presence in Europe’s automotive sector. This proposed acquisition reinforces Tata AutoComp’s presence in Sweden and enhances…
Mahindra likely in talks to buy Sumitomo’s entire stake in SML Isuzu
Mahindra & Mahindra is in talks to buy Japan’s Sumitomo Corp’s entire 44% stake in heavy vehicle-maker SML Isuzu, CNBC Awaaz reported on Monday, citing sources. Indian automaker Mahindra is considering offering the Japanese trading firm 1,400 rupees to 1,500…
Cars set to get costlier from April as auto majors announce price hikes
Cars are set to get costlier from April, with various automakers like market leaders Maruti Suzuki, Mahindra & Mahindra, and Hyundai, announcing price hikes due to rising input costs and operational expenses. Maruti Suzuki India, which leads the domestic passenger…
India says quashing Volkswagen’s $1.4 billion tax bill would be ‘catastrophic’
Government has told a court in Mumbai that agreeing to Volkswagen’s demand to quash a $1.4 billion tax bill would have “catastrophic consequences” and encourage companies to withhold information and delay inquiries, court documents show. India’s highest-ever demand for back…
Toyota plans first India R&D centre in Bengaluru with 1,000 engineers by 2027
Toyota Motor Corp. is setting up its first research and development centre in India through its local unit, people familiar with the matter said, signaling the market’s growing importance. The new R&D facility will begin operations with a team of…
TVS Motor names Peyman Kargar as Head-International business
Chennai: TVS Motor Company has appointed industry veteran Peyman Kargar as its Head – International business with immediate effect, as the two and three wheeler manufacturer, plans to expand further in advanced economies, a top official said. Prior to the…
Mahindra & Mahindra to increase prices up to 3% for SUVs, CVs starting April 2025
Mahindra & Mahindra has announced a price hike of up to 3% across its SUV and commercial vehicle (CV) range, effective from April 2025. The company attributed the price increase to rising input costs and increased commodity prices, which have…
Are compact speakers Bose for cars available?
compact speakers Bose for cars Compact speakers Bose for cars are indeed available, offering high-quality audio performance in a smaller, space-saving design. Bose is known for engineering speakers that deliver powerful sound without occupying too much room, making them ideal…
Lamborghini sold out in India until 2027: Demand soars among young ultra-rich buyers
Automobili Lamborghini is having a “solid” run in India where the Italian company’s supercars are sold out until 2027 when the luxury automotive market globally is moving in a slow lane, chief executive Stephan Winklemann said. “Indians are amongst the…
Hero acquires stake in Euler
The country’s largest two-wheeler maker Hero MotoCorp Thursday said it will make a strategic investment of Rs 525 crore in electric three-wheeled commercial vehicle maker Euler Motors. The investment, to be made in one or more tranches, will give Hero…
Indian Superbike League launched with Ducati as motorcycle supplier
The Indian Superbike League (ISBL) has been officially launched, marking a new chapter in Indian motorsports. Sanctioned by the Federation of Motor Sports Clubs of India (FMSCI), the league aims to bring professional motorcycle racing to Indian audiences. The inaugural…
CEAT premium car tyre: CEAT looks to strengthen play in premium car tyre segment
Tyre maker CEAT Ltd is seeking to strengthen its play in the premium ultra-high performance and luxury four-wheeler segment that is expected to significantly grow in the next three to five years, company MD and CEO Arnab Banerjee said on…
Hero MotoCorp sees key exits, close to half a dozen senior executives are likely to have resigned
Almost half a dozen senior executives at Hero MotoCorp are likely to have resigned amid mounting challenges facing India’s largest two-wheeler maker by volume. A response from the company is awaited. Most of these resignations have taken place in the…
Hero Motors, German firm SchmiedeTechnik form JV for forged powertrain parts
Hero Motors Ltd on Tuesday said it has entered into a joint venture pact with SchmiedeTechnik Plettenberg, Germany to manufacture forged powertrain components in India for global markets. The joint venture’s manufacturing facility is proposed to be established at Hero…
Tata Motors to raise passenger vehicle prices from April
Tata Motors on Tuesday said it intends to increase prices of its passenger vehicle range, including electric vehicles, from April 2025, the second time this year. This price adjustment is being undertaken to partially offset the impact of rising input…
Ford may use Chennai unit for engine exports
US automaker Ford is understood to have finalised plans to use its mothballed factory near Chennai to manufacture and export engines and related components, people aware of the development told ET. Details of the plan will be announced in the…
Maruti Suzuki to hike car prices by up to 4% from April
The country’s largest carmaker Maruti Suzuki Monday said it will raise prices across its range of vehicles next month to offset rising input costs and operational expenses. The price hike is expected to be up to 4%, and will vary…
Automobile retail sales drop 7 pc in Feb amid slowing demand: FADA
Automobile retail sales across categories, including passenger vehicles and two-wheelers, witnessed a drop of 7 per cent in February amid declining demand, dealers’ body FADA said on Thursday. Overall retail sales in the domestic market stood at 18,99,196 units last…
European car companies step on gas for a footing in India
Mumbai: Czech carmaker Skoda Auto’s India unit is targeting 2026 sales of more than 100,000 vehicles, which will be more than twice its annual sales in recent years. That number may still seem small when compared with the sales volume…
Takashi Nakajima named new President & CEO of Honda Cars India
New Delhi: Honda Motor has named Takashi Nakajima the new president and chief executive of its India unit manufacturing cars and utility vehicles. Nakajima will take charge at Honda Cars India Ltd from April 1, replacing Takuya Tsumura, who is…
2025 Yamaha Motorcycle: India Yamaha Motor unveils FZ-S-Fi Hybrid with advanced features
India Yamaha Motor, a subsidiary of the Japan-headquartered Yamaha, introduced the 2025 edition of its popular motorcycle, the FZ-S-Fi Hybrid priced at Rs 1.44 lakh (ex-showroom). The company said the new model comes equipped with a host of features. The…
ET Graphics: Diesel runs aren’t over yet
The share of diesel powered cars and utility vehicles in the passenger vehicle sales of India and three other major auto markets — Germany, Japan and Canada — rose in 2024 compared with the previous year, shows data from S&P…
Tata Motors marks return in Sri Lanka with all-new passenger vehicle portfolio
Marking its return in Sri Lanka, Tata Motors on Thursday announced the launch of its all-new range of passenger vehicles, including electric vehicles, in the country. The company in partnership with its sole authorised distributor in Sri Lanka, DIMO, launched…
Car sales see marginal growth, but dealers warn of high inventory
Wholesales of cars, sedans and utility vehicles grew marginally, on a high base, last month and amid tepid customer demand in the local market. Retail sales last month though declined, as per data released by dealers lobby body Federation of…
Domestic passenger vehicle dispatches show resilience in Feb at 2 pc annual growth: SIAM
Domestic passenger vehicle dispatches from factories to company dealers rose 1.9 per cent year-on-year to 3,77,689 units in February amid slowing demand, industry body SIAM said on Thursday. The total passenger vehicle wholesales stood at 3,70,786 units in February 2024….
MRF Vice Chairman & MD Arun Mammen takes over as Automotive Tyre Manufacturers’ Association Chairman
Automotive Tyre Manufacturers’ Association on Wednesday said Arun Mammen, Vice Chairman and Managing Director of MRF Ltd has been elected as its new Chairman. Mammen takes over with immediate effect from Arnab Banerjee, MD and CEO of CEAT Ltd, Automotive…
Commercial vehicle industry steers the spotlight at 16th Apollo CV Awards 2025
The power of the Commercial Vehicle (CV) industry was on full display at the 16th Apollo CV Awards in 2025. Industry leaders gathered to celebrate remarkable achievements and the advancements in innovation during a challenging business environment in 2024. Ashish…
India emerging as a global sourcing hub for auto components, says top executive of leading auto parts maker
Automakers globally are increasingly looking at leveraging India as a sourcing hub for components, said Nathan Bowen, global executive vice president and group president at US-based Tenneco, one of the world’s largest auto parts makers. “China has been a critical…
Cars24 expands into new cars with new digital platform
CARS24 has launched its all-new “New Cars” platform, streamlining the traditionally complex and fragmented journey of purchasing a vehicle. With this launch, the company aims to provide buyers with a unified, transparent, and hassle-free way to buy brand-new cars, directly…
Examining probe report, no clean chit yet to Hero MotoCorp: MCA
The corporate affairs ministry on Monday said it’s examining a report by its regional director that has probed charges of corporate governance lapse and fund diversion against Hero MotoCorp. “The report is under examination and no final conclusion should be…
Domestic commercial vehicle volumes to grow 3-5 pc in FY26: Report
Domestic commercial vehicle industry’s wholesale volumes are expected to grow 3-5 per cent year-on-year in FY26, rating firm Icra said on Monday. This follows a flat volume movement estimated in FY25, marred by the demand slowdown in the first half…
Auto registrations across categories drop in February amid weak consumer sentiment
Vehicle registrations fell across categories in February, over last year as well as sequentially, amid weak consumer sentiments in the local market, dealers lobby group Federation of Automobile Dealers Associations (FADA) said, urging automakers to align supplies with demand in…
Why Indian automakers are not scared of Elon Musk
Elon Musk’s electric car maker Tesla, which has been actively exploring opportunities to enter the Indian market, is opening a showroom in Mumbai’s upscale business district Bandra Kurla Complex (BKC) to sell its imported cars. Tesla has plans to set…
Skoda Auto VW in talks with JSW & Tata Motors for e-car deal
Skoda Auto Volkswagen India is in talks with JSW Group and Tata Motors to forge a licensing pact for electric car manufacturing, said multiple people aware of the matter. The move comes as discussions with Mahindra & Mahindra for an…
Maruti Suzuki partners with Hero FinCorp to expand car loan offerings
Maruti Suzuki India Limited (MSIL) on Saturday announced the signing of a Memorandum of Understanding (MoU) with Hero FinCorp Limited to enhance financing options for both new and pre-owned car buyers. The partnership aims to leverage Maruti Suzuki’s vast dealership…
Automobile parts companies look to tap unaffected countries amid US tariff threats
New Delhi: Indian auto parts makers are scurrying to devise alternative strategies to continue exports to the lucrative US market, ahead of impending fresh tariffs by the Trump administration. These include shipping parts from countries unaffected by the US government’s…
Nissan board to meet on March 11, discuss potential CEO successors, sources say
Nissan directors are due to gather on March 11 to discuss potential successors for CEO Makoto Uchida, whose position is seen as increasingly untenable given the Japanese automaker’s weak performance, three people familiar with the matter said. Candidates being considered…
Hyundai falls behind M&M, Tata Motors in Feb retail sales: FADA
New Delhi: Long standing number two passenger vehicle maker in India, Hyundai Motor India, has slipped to fourth position in the domestic market in terms of retail sales last month behind Maruti Suzuki India, Mahindra & Mahindra and Tata Motors,…
Honda could get BYD-ed in key Indian scooter market
For the world’s carmakers, the inexorable rise of Chinese electric vehicle-maker BYD Co. and its local rivals in recent years has been a brutal lesson in disruptive innovation. China, a market that was once core to their global growth plans,…
Ducati to launch motocross bikes in India next year
Italian superbike maker Ducati plans to introduce its motocross bikes in the Indian market next year as it looks to further strengthen its product range in the country, a top company executive said Wednesday. The company has multiple products lined…
Hero Moto loses top spot, TVS is second
Mumbai: There’s been a brutal shake-up in the pecking order in India’s two-wheeler market. For the first-time ever, Hero Moto Corp – which has traditionally been the no.1 in the domestic market – has been unseated and pushed to a…
Auto component industry targets $100 bn from exports in next 7-8 years: Study
India’s auto component industry is expecting USD 100 billion in exports over the next 7-8 years, according to a report by Boston Consulting Group. The country’s auto component exports reached USD 21.2 billion in FY24, marking a significant turnaround from…
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Trump’s Inauguration Day: What to expect Donald Trump’s second term as US President will begin with his inauguration on Monday. He plans to sign numerous executive orders and hold a campaign-style rally. Several foreign leaders are invited, and outgoing President…
Nissan Motor India total sales up 44.76% at 8,567 units in February
Nissan Motor India on Monday reported a 44.76 per cent on-year rise in total sales at 8,567 units in February 2025, riding on exports. The company, which sold 5,918 units in February 2024, said all the powertrain options of its…
Bajaj Auto February total sales rise 2% to 3,52,071 units
Bajaj Auto on Monday reported a 2 per cent increase in total sales at 3,52,071 units in February 2025 as compared to the same month a year ago. The company had sold a total of 3,46,662 units in February 2024,…
Why SUVs have begun to resemble trucks again
Before the world heard of “sport utility vehicles,” they were called trucks: Jeeps, Land Rovers and Fords, many born as military vehicles, as square-jawed and capable as a drill sergeant. For decades, though, consumers gravitated to so-called crossover SUVs, built…
Powered by SUVs, Mahindra outruns Hyundai to clinch silver in PV race
New Delhi: Homegrown Mahindra & Mahindra (M&M), driven by strong demand for its range of SUVs, raced past Korean rival Hyundai Motor in February to grab the second spot in India’s passenger vehicle market behind leader Maurti Suzuki. The Mumbai-based…
Maruti domestic PV sales marginally up; Hyundai, Tata report decline in Feb
New Delhi: Leading passenger vehicle maker Maruti Suzuki on Saturday reported marginal growth while Hyundai and Tata Motors posted a decline in their sales in February as a slowdown in the market continued with demand remaining muted. On the other…
Tesla BKC: Musk’s Teslas to drive into India through country’s most expensive shopping street
Moving a step closer to its much-anticipated India launch, US electric vehicle giant Tesla has finalised a deal to open its first showroom in Mumbai’s Bandra Kurla Complex (BKC), in what is probably the highest lease rent for a commercial…
Hero Electric faces insolvency as bidders invited, probe ongoing
Amidst robust growth of electric two-wheelers, India’s first electric scooter maker Hero Electric is up for insolvency resolution under IBC (Insolvency and Bankruptcy Code), with the resolution professional (RP) inviting prospective bidders for the now bankrupt company. The Expression of…
Ola Electric accelerates profitability drive axing regional warehouses, optimising costs
Ola Electric has eliminated its regional warehouses across India, and will now leverage its 4,000 retail stores nationwide for maintaining vehicle inventory, spare parts, accessories, and last-mile deliveries. The strategic move is expected to boost EBITDA margins by almost 10…
Domestic passenger vehicle sales expected to grow 4-7 pc in FY26: Icra
Passenger vehicle sales volume in India is expected to grow at a moderate pace of 4-7 per cent in FY26 with most demand drivers remaining neutral or favourable, according to ratings agency Icra. As for two-wheelers, Icra said it estimates…
Want to make Made in India synonymous with quality: Venu Srinivasan
One of the most significant decisions Venu Srinivasan made early on was to strike out on his own, establishing TVS Motor as a quality-driven global brand.“Being one of the earliest companies outside of Japan to win the Deming Prize in…
$1.4 bn tax demand on Volkswagen: Bombay HC asks Customs to file affidavit on time limitation
The Bombay High Court on Wednesday directed the Customs department to explain through an affidavit how its September 2024 show-cause notice raising a tax demand of $1.4 billion from Skoda Auto Volkswagen India was not barred by limitation. A division…
Bajaj-backed KTM’s creditors take 70% cut in debt recast
Creditors of Austrian motorbike maker KTM AG approved a restructuring plan that will write off 70% of the company’s debt and resume production with the help of new investments. KTM will need to secure ₹548 million ($575 million) of funding…
CarDekho Group forays into UAE market
Autotech and financial solution provider CarDekho Group on Tuesday announced its foray into the UAE market. The company has tied up with Raya Holdings to redefine the car-buying journey for UAE consumers. “What started in a Tier-2 city with the…
Mahindra unveils Scorpio-N Carbon edition; check prices and features
Mahindra & Mahindra Ltd., India’s leading SUV maker, has launched the Scorpio-N Carbon Edition to commemorate the sale of 200,000 units of its popular SUV, the Scorpio-N. “Staying true to the legacy of the #BigDaddyOfSUVs, the Scorpio-N Carbon expands the…
$1.4 bn tax demand: Prima facie dissatisfied with Skoda Volkswagen’s arguments, says Bombay HC
The Bombay High Court on Monday expressed “prime facie” dissatisfaction with Skoda Auto Volkswagen India’s arguments against a USD 1.4 billion notice from the Customs department. The HC also commended a department officer for his dedicated efforts and thorough research…
US tariffs to hit exports of auto parts: US tariffs to hit exports of made in India iPhones, auto parts
ETAuto While a recent decision of the Trump administration to slap a 10% duty on Chinese electronics imports is good news for Indian manufacturing. Apple could be one of the biggest losers in case the Trump administration decides to slap…
India’s auto industry set for moderate growth; premium/SUVs to do better than mass segment: Nomura
India’s passenger vehicle (PV) industry is expected to grow steadily over the next three years, according to a report by Nomura.The report forecasted a growth rate of 1.5 per cent in FY25, followed by 5 per cent in FY26 and…
It’s just not Tesla; global electric wheels take turn on to Indian roads
Mumbai: As growth in established electric vehicle (EV) markets slows, global giants are turning their attention to India, where the sector is still in the early stages of evolution. To capitalise on this opportunity, manufacturers are adopting premium positioning and…
ZF Group sets up state-of-the-art ZF (pro) Tech plus workshop in Delhi
ZF Group, global leader in drive line and chassis technology, has inaugurated its first ZF (pro) Tech plus workshop in Delhi aimed at providing support to workshop partners in the automotive industry, a top official said. The ZF (pro) Tech…