Auto Sector

Audi India to hike prices by up to 2% from April 1 to offset rise in costs

German luxury carmaker Audi on Thursday said it will hike prices of its products in India by up to 2 per cent from April 1, 2026 to partially offset rise in input costs and adverse impact of currency fluctuations. The price hike will be across the model range and the ex-showroom price of models to increase up to 2 per cent, Audi India said in a statement. "Due to recent rising input costs and currency fluctuations, we are implementing a price adjustment of up to 2 per cent effective from April 1, 2026. We remain committed to minimising the impact of the price hike on our customers," Audi India Brand Director, Balbir Singh Dhillon said. Audi India currently sells a range of luxury cars and SUVs ranging from Q3 SUV to SUV RSQ8 priced between Rs 43.23 lakh and Rs 2.34 crore.

Updated On: 12 Mar 2026 | 1:07 PM IST

Auto retail sector posts record sales at 2.41 mn units in February: Fada

Passenger vehicles, two-wheelers, three-wheelers and commercial vehicles hit highest February sales ever, reflecting broad-based demand and GST 2.0 impact

Updated On: 06 Mar 2026 | 12:02 AM IST

PV sales growth to slow to 3-5% in FY27, says India Ratings report

Passenger vehicle sales growth is expected to moderate in FY27 due to a high base and preponed replacement demand, even as India's broader automotive industry continues its domestic upcycle

Updated On: 05 Mar 2026 | 5:06 PM IST

Record Feb dispatches lift Nifty Auto index 1%; GST 2.0 seen aiding demand

According to FADA, February 2026 emerged as best-ever February for 2W, 3W, CV, PV, tractors and overall retail. Data showed that retail vehicle sales jumped by 25.6 per cent Y-o-Y to 24,09,362 units

Updated On: 05 Mar 2026 | 1:36 PM IST

Mahindra & Mahindra total auto sales rise 18% to 97,177 units in Feb

Mahindra & Mahindra Ltd on Sunday reported an 18 per cent year-on-year growth in overall automobile sales to 97,177 units in February 2026. Utility vehicle sales in the domestic market last month increased 19 per cent to 60,018 units compared to 50,420 units in the year-ago period, Mahindra & Mahindra Ltd (M&M) said in a statement. Domestic sales for commercial vehicles stood at 24,585 units last month, a growth of 10 per cent, it added. M&M CEO, Automotive Division, Nalinikanth Gollagunta, said the February performance reflected "robust customer demand across the portfolio". Total exports last month rose 11 per cent to 3,384 units against 3,059 units in February 2025. In another statement, M&M said its total tractor sales surged 34 per cent to 34,133 units in February 2026 against 25,527 units a year earlier. Tractor sales in the domestic market jumped 35 per cent to 32,153 units last month against 23,880 units in February 2025, the company said, adding exports ...

Updated On: 01 Mar 2026 | 1:41 PM IST

Affordability keeps ICE relevant as buyers warm to hybrids: Study

Hybrids emerge as the preferred bridge technology as most buyers stay price-conscious, favour lower EMIs and take a cautious view on full electrification

Updated On: 26 Feb 2026 | 7:57 PM IST

Auto industry growth likely to be 3-6% in FY27 as high base kicks in: Icra

Ratings agency says elevated growth in FY26 will give way to moderation next fiscal as higher base and normalising demand temper volumes across PV, two-wheeler and CV segments

Updated On: 17 Feb 2026 | 2:07 PM IST

Mahindra Q3 result: PAT up 47% at ₹4,675 cr on highest quarterly revenue

Mahindra & Mahindra reports 47 per cent rise in Q3FY26 net profit to Rs 4,675 crore on record revenue; gains market share in SUVs and LCVs, tractor share steady

Updated On: 11 Feb 2026 | 10:55 PM IST

Auto shares in fast lane; Eicher, Lumax, Pricol rally up to 7%; here's why

At 10:51 AM; the BSE Auto index was the top gainer among sectoral indices, up 2 per cent, as compared to 0.07 per cent rise in the BSE Sensex.

Updated On: 11 Feb 2026 | 11:42 AM IST

Tata Motors PV to hike prices in coming weeks amid rising costs: CEO

Tata Motors Passenger Vehicles Ltd (TMPVL) will hike prices in the "coming weeks" in the wake of rising commodity cost putting pressure, according to its Managing Director & CEO, Shailesh Chandra. While Maruti Suzuki India is reviewing the situation for a possible price hike, Hyundai Motor India has already undertaken a price increase in January, mainly on the Venue model. "Yes, we have been facing pressure on the commodity side for nearly a year now. Still we see pressure on the precious metal side, copper and so on. Overall, if you see the impact of commodity price increase, it has been for us about 2 per cent plus of our revenues," Chandra said in a quarterly earnings call. He was responding to a query on whether the company was planning to hike prices of its vehicles due to rising cost of commodities. Reiterating that the company is going to increase prices, Chandra said,"We will be able to announce this in the coming weeks." He, however, did not elaborate the details of the

Updated On: 08 Feb 2026 | 10:50 AM IST

Truck rentals flat in January; EV and CV sales sustain momentum: Report

India's mobility sector opened 2026 on stable footing, with truck rentals holding steady month-on-month, healthy year-on-year growth across routes, and strong demand for EVs, SUVs, freight transport

Updated On: 06 Feb 2026 | 12:17 AM IST

Maruti Suzuki Q3 hit by costs as volume push keeps margin pressure alive

Nomura noted that adjusted Ebit margin came in at 8.9 per cent, well below its estimate of 9.9 per cent, with ASPs falling 2.3 per cent quarter-on-quarter (Q-o-Q) to around ₹7.12 lakh.

Updated On: 29 Jan 2026 | 11:27 PM IST

M&M, Maruti Suzuki fall another 4%; what's making the Street nervous?

The stock price of Maruti Suzuki India was quoting lower for the seventh straight trading session, falling 12 per cent during the same period.

Updated On: 29 Jan 2026 | 2:49 PM IST

Renault aims to lift India market share to 3-5% by 2030, says CEO

French automaker Renault is eyeing a market share of 3-5 per cent in the Indian passenger vehicle segment by 2030, led by new product launches and sales network expansion, according to a top company executive. The company currently sells three models in the market -- Kwid, Kiger, and Triber -- and has also unveiled the new Duster with deliveries expected to begin in April this year. The automaker's market share has slipped below 1 per cent in the over 43 lakh strong passenger vehicle segment. "If we do our job well, by 2030 we should get between 3-5 per cent market share, that's our goal," Renault brand CEO and Chief Growth Officer Fabrice Cambolive told PTI in an interaction. "We would not like to communicate today about the new cars, but we will increase the number of models here in India, because the market is big and there are a lot of growing segments," he added. The market share improvement would depend upon the level of competitiveness the automaker is able to achieve as th

Updated On: 27 Jan 2026 | 8:05 PM IST

Maruti Suzuki Q3 preview: What to expect from India's largest carmaker

Maruti Suzuki Q3 preview: The company is expected to report its Q3 earnings on Wednesday, January 28, 2026.

Updated On: 27 Jan 2026 | 10:41 AM IST

Q3FY26 auto sector preview: Festive demand, GST cuts to lift earnings

Festive-led demand, GST rationalisation, easing rates and operating leverage are expected to drive strong revenue and profit growth for auto OEMs and ancillaries in Q3FY26

Updated On: 18 Jan 2026 | 11:57 PM IST

Nissan appoints Thierry Sabbagh as president, strengthens India operations

India is central to Nissan's ambitions in 2026, as the brand accelerates its resurgence in the market

Updated On: 12 Jan 2026 | 10:01 PM IST

Rural India pulled ahead of cities in 2025 car sales growth: Fada

Auto sector saw record annual retail volume at 2.82 mn units

Updated On: 06 Jan 2026 | 11:00 PM IST

Emkay names TVS Motor, Ather, Maruti as preferred auto plays; here's why

The momentum was not limited to retail-focused segments, the brokerage noted. The medium and heavy commercial vehicle (MHCV) industry showed clear signs of revival after a prolonged 15-month downturn.

Updated On: 06 Jan 2026 | 8:44 AM IST

Nifty Auto up 3x vs Nifty in last 4 years; analysts expect further upside

The Nifty Auto index has zoomed as much as 157.8 per cent in the last four calendar years as against a 50.6 per cent surge in the benchmark Nifty 50, shows data.

Updated On: 02 Jan 2026 | 1:20 PM IST