Auto Industry India

Market leader Maruti Suzuki reported a 21 per cent year-on-year rise in domestic sales, driven by sport utility vehicles as well as small cars like Alto

Amid China's restriction of rare-earth permanent magnet exports to India, the ministry is looking into ways to reduce India's dependence on other countries

GST 2.0 price cuts are bringing a new set of first-time car buyers into Maruti showrooms, with small car bookings rising sharply and a focused campaign launched to ease financing

Company executives added that the Adventure X trims are expected to lift sales volumes, though average selling prices may soften compared with last year, when demand was led by high-end variants

Changes should drop To fewer than 15% in pre-production, 8 % or less in production post-launch

It is working on a plan to secure supplies for next two-three quarters

Executives at automobile firms are now getting posters designed and sending them to the ministry for approval before sending them to print for display

M&M has offered relief to dealers against cess losses while GST 2.0 led buyers to defer purchases, with overall August auto retail sales up 2.84% year-on-year, FADA said

The two-wheeler segment registered a 1.34 per cent month-on-month growth, rising 2.18 per cent Y-o-Y, aided by festive enquiries around Onam and Ganesh Chaturthi

GST Council cut rates on small cars, bikes, SUVs and tyres, slashing levies to 18% and rationalising slabs, a move hailed as transformative for the auto industry

>>ICE vehicle sales hit, EV market hopes held up >>Vahan data shows 3% drop in August auto sales

The tariff imposed by the Donald Trump administration is expected to wipe out the Indian industry's $6.6 billion export market to the US

M&M stops wholesale supply of high-ticket ICE vehicles on sales drop, fear of cess loss

Swedish luxury carmaker Volvo will consider bringing plug-in hybrid vehicles in India if the tax structure is conducive, which is not so at present, a top official of its Indian arm said on Friday. Volvo Car India, which launched the refreshed version of its best selling model in India XC60 at an introductory price of Rs 71.9 lakh, believes that the entry of new players like Tesla is good for popularising electric vehicles, its Managing Director Jyoti Malhotra told reporters here. The refreshed XC60 is being assembled at the company's Bengaluru facility, he noted. "We have a range of mild hybrids and plug-in hybrids... Those are the range that we have in this car (XC60) globally... Our global portfolio has it but the Indian tax structure is not really conducive as of today," Malhotra said when asked if the company would consider the plug-in hybrid version of the model. He further noted,"If things change, we can always bring it. So we are keeping a close watch." Under the current

Fada data shows electric car sales nearly doubled in June 2025, two-wheelers grew 32%, and commercial EVs more than doubled

Demand for the India-built Jimny Nomad pushes Suzuki past Mercedes in Japan's import charts, even as Maruti Suzuki faces a domestic slowdown in sales

Nissan Motor India is gearing for at least three new vehicle launches between 2026 and 2027

Creta records 15,786 units in June 2025, just ahead of Dzire, and ranks second in H1 sales as SUV demand remains strong amid competition from Maruti's broad lineup

Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources. Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Staring at shortages, the domestic automobile industry has also sought government support in expediting approvals from China to import rare earth magnets. "They (Chinese authorities) have not given any appointment so far, so the delegation is yet to leave. Situation is bad as not even a single license has been issued to us so far," a source told PTI. If the situation remains like this, the domestic automobile industry will be staring at shortages resulting in significant production losses, the source added. The domestic auto industry is forced to take steps as the Chinese government has p

Swift production halt: Global auto supply chains are feeling the heat as China tightens rare earth mineral exports, disrupting production at Suzuki, Ford, BMW, and others