Auto Industry

the rising demand for premium helmets is also helping Studds Accessories expand its profit margins

Planning mid-cycle facelifts over new launches

Mutual funds redirect record inflows to fuel IPO boom, hitting 25-year high in new listings while selling bank and pharma stocks

Ola Electric on Sunday said it has commenced same-day registration and delivery of its 4680 Bharat Cell powered vehicles in Bangalore. This offering is a part of the company's umbrella Hyperservice initiative to deliver a transparent, convenient, and customer-first service experience, the Bengaluru-based firm said in a statement. Under Hyperdelivery initiative , customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles on the same day, it added. Earlier this year, the company announced that it has moved its vehicle registration process completely in-house. "Hyperdelivery adds another layer of ease and convenience for customers who want to purchase our vehicles. When we introduced it earlier this year,we completely changed the way Indians bought their vehicles," a company spokesperson stated. And today the company starts offering that same ease of ownership for customers who want the 4680 Bharat Cell powered vehicl

The move is seen as a way to protect Mexico's domestic industry

The company said the euro-INR exchange rate has stayed above the Rs 100 mark through 2025, well above historical averages, significantly raising its cost base

Skoda Auto Volkswagen India says it has introduced a voluntary retirement scheme at its Pune and Chhatrapati Sambhaji Nagar plants after union requests

forex pressures, rising commodity prices, rural demand uncertainty to push prices up

Electric car sales grew by 63% YoY in November; but penetration fell to 3.7% below the pre-GST rate cut level of 5%

Besides GST benefits, the jump was aided by the marriage season, better supply of high-waiting models, and sustained push from compact sport utility vehicles

Indian automakers are reviving legacy nameplates to leverage brand recall and stand out in a crowded market, as classic badges like Sierra, Safari, Baleno and Scorpio return to attract buyers

South Korea's HD Hyundai, one of the world's largest ship manufacturers, is planning to build a shipyard in Thoothukudi. The project may reportedly see an investment of around $2 billion

Unlike many other auto component makers in India, the Lumax Group is not focused on exports

Ola Electric is preparing to recruit about 1,000 senior service technicians and specialised professionals as the company moves into the next phase of its Hyperservice programme, according to people familiar with the plan. The expansion will substantially bolster the firm's after-sales workforce of around 2,000 and follows weeks of rapid-response efforts to clear service backlogs in key markets. "This is the second, more structural leg of Hyperservice," a senior company official said, requesting anonymity. "The taskforce was the firefight. This phase is about ensuring we don't have to go through it again." Unlike a typical hiring expansion, the upcoming drive focuses on senior and specialist roles - from EV diagnostics experts to service centre managers and customer-facing advisors. Insiders say the objective is to upgrade capability rather than merely increase headcount, targeting roles that influence repair accuracy, centre operations, and first-contact customer experience. "We a

With the rupee weakening against the euro and dollar, luxury and mass-market automakers are preparing steep price hikes as rising import and semiconductor costs squeeze margins

VinFast will invest an additional $500 million to expand its Thoothukudi facility for electric bus and e-scooter manufacturing, under a new MoU with Tamil Nadu

EV two-wheeler maker Ultraviolette has raised $45 million in its Series E round from Zoho and Exor's Lingotto, as it scales production, advances battery tech and prepares for an IPO by FY28

Maruti Suzuki builds a 2,000-point EV charging network across 1,100 cities as it prepares to launch the five-star-rated e-Vitara in 2026 and ramps up nationwide electric mobility support

Tesla's main business has been under pressure, notably from Chinese rivals, while Elon Musk shifts his focus to self-driving robotaxis and humanoid robotics

Banerjee said that the wholesales in December are also expected to be good as the production team is working overtime to satisfy the high demand