Auto Industry

Ultraviolette raises $85 mn to expand EV production, enter US market

Yali Capital and TDK Ventures led the funding round as the Indian electric two-wheeler maker prepares to enter the US in 2027 and expand across Latin America and Southeast Asia

Updated On: 23 Sep 2026 | 6:09 PM IST

Delhi tops NITI Aayog's electric mobility index 2025, Maharashtra follows

The index assesses states and UTs on key parameters such as transport electrification, electric vehicle (EV) charging infrastructure, and research and innovation

Updated On: 17 Sep 2026 | 10:42 AM IST

Fada pushes automakers to give dealers more contractual certainty

Dealers being asked to invest crores on short-term letters of intent, says FADA president Sai Giridhar

Updated On: 15 Sep 2026 | 10:52 PM IST

Domestic passenger vehicle dispatches rise 36.5% to 439,309 units in August

Domestic passenger vehicle dispatches from companies to dealers rose 36.5 per cent year-on-year to 4,39,309 units in August, industry body SIAM said on Tuesday. Passenger vehicle dispatches were at 3,21,901 units in August 2025, Society of Indian Automobile Manufacturers (SIAM) said in a statement. Total two-wheeler sales increased 10.5 per cent to 20,34,698 units last month, as against 18,41,954 units in August last year, it added. Three-wheeler dispatches were up 22.8 per cent in the previous month at 93,764 units as against 76,324 units in the year-ago period, it added.

Updated On: 15 Sep 2026 | 11:46 AM IST

Rosemerta eyes 30-35% FY27 growth on tech, mobility solutions push

The group is betting on telematics, connected-vehicle platforms, government-service digitisation and road-safety solutions to drive growth

Updated On: 14 Sep 2026 | 10:58 PM IST

Fada, Rosmerta Digital Services tie up to simplify vehicle compliances

Automobile dealers' apex body FADA has signed an initial pact with Rosmerta Group firm Rosmerta Digital Services to make vehicle compliances easier using the latter's tech platform that provides customers with a simple digital access point to check their traffic violation details and necessary action. As part of this association, RDSL has introduced Rosmart, its compliance services platform, available through Rosmart.com, where citizens can log in to access challan-related services and address pending traffic violations, the Federation of Automobile Dealers' Association (FADA) said in a statement. Through the platform, dealers can upload cases in bulk or assist customers directly, while customers can visit Rosmart.com or access the service by scanning a QR code available at participating dealerships and customer touchpoints, it said. The need for a reliable platform has also become increasingly important with the proliferation of unauthorised websites and online intermediaries ...

Updated On: 14 Sep 2026 | 1:45 PM IST

Citroën targets 75% sales from smaller cities in 5 years: Shailesh Hazela

Citroën expects tier-2, tier-3 and smaller cities to account for three-fourths of India sales within five years, up from around 55 per cent currently

Updated On: 13 Sep 2026 | 11:30 PM IST

'Scorpio Man' in space: Pawan Goenka on his journey from autos to skies

As the man steering the organisation tasked with promoting, authorising, and regulating private-sector space activities, Goenka has his task cut out

Updated On: 11 Sep 2026 | 10:35 PM IST

Minda Corp targets ₹1,500 cr export, eyes growth in electric vehicles

The auto-component maker expects global growth to be led by instrument clusters, wiring harnesses, EV components and electronics as it increases four-wheeler penetration

Updated On: 08 Sep 2026 | 11:30 PM IST

Blended finance, leasing models needed to boost e-truck adoption: Gauba

Niti Aayog member Rajiv Gauba said high financing costs, fragmented logistics operations and lack of coordinated corridor planning were holding back e-truck adoption

Updated On: 07 Sep 2026 | 9:48 PM IST

Auto retail sales hit record in Aug at 2.42 mn units, rise 18%: Fada

Passenger vehicles crossed 400,000 units in August for the first time, while CNG, hybrid and electric vehicles together overtook petrol in the PV fuel mix

Updated On: 07 Sep 2026 | 10:51 AM IST

UK government rules out Jaguar Land Rover bailout over 4,000 job cuts

JLR is set to cut 4,000 positions or roughly 10% of its global workforce over the next two years as the UK's largest carmaker confronts soaring costs, plummeting sales and US tariffs

Updated On: 07 Sep 2026 | 8:49 AM IST

Goyal warns auto firms against nominal localisation, govt tracking data

Commerce minister says government will use company-wise import-export data and IEC numbers to assess genuine localisation and map automotive supply ecosystems

Updated On: 03 Sep 2026 | 8:56 PM IST

Commercial vehicle sales pick up in August before festival season

Domestic dispatches rise 20-43% across major CV makers; M&HCVs lead growth as industry heads into festive period with stronger demand momentum

Updated On: 02 Sep 2026 | 10:46 PM IST

Auto industry must stay one step ahead of hackers, says Maruti CEO

Hisashi Takeuchi said automakers need stronger cybersecurity, robust contingency plans, deeper localisation and greater supplier resilience as digitalisation accelerates

Updated On: 02 Sep 2026 | 7:47 PM IST

Auto-component makers face rising competition for talent, raw materials

ACMA and BCG said fast-growing sectors such as data centres and renewables are competing for common inputs and talent, even as vehicle demand remains robust

Updated On: 02 Sep 2026 | 6:40 PM IST

Design, domestic value addition key to India's EV transition: Kumaraswamy

Union Minister H D Kumaraswamy on Wednesday urged the automotive industry to focus on design and domestic value addition to drive India's EV transition, saying the success of the country's electric mobility cannot be measured only by the number of electric vehicles sold. The Minister for Heavy Industries and Steel called on the automobile and auto component industry to invest more boldly in cleaner, more efficient, and emerging technologies - not only to make in India, but to make for the world. "The Ministry of Heavy Industries will continue to work closely with ACMA, SIAM, and industry stakeholders to improve scheme implementation, resolve operational issues, and create an enabling environment for investment and innovation," Kumaraswamy said. The minister said government schemes are supporting investment, domestic value addition, advanced technology, manufacturing, and the transition to cleaner mobility. He observed that India's green mobility transition is gathering ...

Updated On: 02 Sep 2026 | 11:17 AM IST

Tata Motors secures all prior regulatory approvals for Iveco acquisition

The European Central Bank has granted the remaining authorisation, clearing all prior sector-regulatory approvals required for Tata Motors' voluntary tender offer

Updated On: 02 Sep 2026 | 8:10 AM IST

Emissions breach likely to force two-wheelers into 'limp-home mode'

BS6 emissions norms are currently in force in India. The country is expected to move to BS7 from 2027, with new regime likely to bring tighter pollution controls and real-time monitoring requirements

Updated On: 28 Aug 2026 | 10:35 PM IST

Telangana govt to develop dedicated ride-hailing app for auto drivers'

The Telangana government would develop a dedicated ride-hailing app like Uber and Ola to support auto drivers, state Transport Minister Ponnam Prabhakar said. The auto drivers called off their planned indefinite strike from today following assurances by the state government on their various demands. In a statement here Sunday night, Prabhakar said the state IT department would develop the proposed app. He, however, did not elaborate on the details of the proposed app. The government has agreed to hike auto fares, marking the first increase since 2012. He said the government would soon take a decision on allowing only those bike taxis which have yellow number plates for transporting passengers. Drivers would receive Rs 1.50 lakh in financial assistance for retrofitting diesel and petrol autos with EV mechanism in Hyderabad. Prabhakar also said he would take a positive decision on the ruling Congress promise of providing Rs 12,000 annually to the auto drivers after holding consulta

Updated On: 24 Aug 2026 | 9:25 AM IST