Auto Sector

Tata Motors Passenger Vehicles expects to cross 15 per cent domestic market share "very soon" and is working towards its previously stated target of 20 per cent by FY31, as the nearly year-old standalone business looks to drive significant growth through investments in new product categories, faster product interventions and powertrain expansion, its Managing Director and CEO Shailesh Chandra said. In an interview with PTI, Chandra said the passenger vehicle business, which became a standalone entity following the demerger effective October 1 last year, has grown nearly 40 per cent over the past year and is exiting September with electric vehicles accounting for more than 25 per cent of its total sales. "Our focus is going to be, of course, to drive significant growth, double-digit growth. At the same time, we want to be leading the charge as far as the sustainable or zero-emission powertrains and emission-friendly powertrains are concerned, and at the same time, we have to continue

German luxury car manufacturer Audi on Friday started local assembly of its Q3 model at the Skoda Auto Volkswagen plant in Shendra here. The Audi Q3 India launch is scheduled for October 16, ahead of next month, the company said in a release. Powered by a 2.0-litre petrol engine and equipped with Audi's quattro all-wheel drive, the all-new Audi Q3 combines dynamic capabilities. The model also features a range of segment-first features and technologies, further enhancing its appeal to modern luxury car buyers, it added. Piyush Arora, Managing Director and CEO of Skoda Auto Volkswagen India, said that it is an important milestone for the company in India. The production of the All-New Audi Q3 reflects the strong capabilities of the Chhatrapati Sambhajinagar facility, he added. Balbir Singh Dhillon, Brand Director, Audi India, said, "Today marks a significant day for us as we begin production and take another important step towards the launch of the All-New Audi Q3. The Audi Q3 has b

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.

Himadri plans to ramp up Birla Tyres capacity and shift towards higher-value OTR and OHT segments, with exports set to drive growth

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

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 ...

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

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

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

Production and dealer stocking rise ahead of festivals, but high base and inventory risks loom over H2 growth

According to reports, Bain Capital is in discussions to invest up to $300 million for a significant minority stake in JBM Auto's electric vehicle business (EVBuses).

The optimism around Q1 earnings is shifting from large caps to midcaps. Following a five-week breather near the all-time high, the Midcap Index regained momentum, said ICICI Securities.

Capacity additions and healthy demand should fuel volume growth even as cost pressures weigh on margins

M&M, which manufactures SUVs and modern electric vehicles like the Scorpio-N, XUV700, and Thar, will post its Q1 FY27 results on Thursday, July 30.

While near-term uncertainties surrounding the monsoon, crude oil prices and geopolitical developments persist, auto sector's growth outlook is increasingly being driven by structural demand.

Exports, premium motorcycles and electric vehicles drove strong June-quarter earnings, while management commentary points to sustained momentum despite cost pressures

Bajaj Auto to raise annual production capacity to over 9 million vehicles

OEM revenue is expected to rise 22-29 per cent in Q1FY27, led by strong vehicle demand, exports and premiumisation, while higher input and freight costs are likely to squeeze margins

Trend leads to more women being employed on vehicle assembly lines

India's automotive sector recorded its lowest quarterly deals transaction volumes in three years at a total of USD 717 million in Q2 2026, according to Grant Thornton Bharat's latest Automotive Dealtracker. In Q2 2026 deal values remained largely strong despite transaction volumes falling to their lowest quarterly level since Q2 2023, Grant Thornton Bharat said in a statement. India's automotive sector recorded 20 overall deals worth USD 717 million in Q2 2026, it added. Overall deal values declined marginally by 4 per cent quarter-on-quarter, as capital remained concentrated in a few high-value transactions across mobility platforms, automotive technology and public market fundraises, it added. "While deal activity slowed during the quarter, investment remained focused on businesses driving the future of mobility," Grant Thornton Bharat Partner and Auto & EV Industry Leader, Saket Mehra said. He further said ,"We are seeing continued interest in EVs, mobility platforms and ...