Auto Sector

Auto components major Samvardhana Motherson International Ltd (SAMIL) aims to leverage technologies acquired through its global expansion to tap emerging opportunities in India's automotive market, as higher product standards and the shift to stricter emission norms drive demand for advanced solutions. The strategy is part of its broader Vision 2030 ambition to achieve USD 108 billion in topline gross revenue by 2029-30. In an interview with PTI, Pankaj Mital, Whole-time Director and President, and Gandharv Tongia, Group Chief Financial Officer, outlined the company's growth priorities, including bringing globally acquired technologies to India, expanding its presence across business segments and geographies, and strengthening its customer relationships. "We believe that India's growth will also benefit us significantly, particularly because we now own many technologies. The quality of products being manufactured and consumed in India is improving, and the country is also moving ...

Ola Electric has stopped taking orders through its own stores and plans to shut most of them by December, as it shifts to dealers to cut costs, improve working capital and ramp up sales

The medium-term sector outlook remains favourable, supported by steady volume growth, product launches, improving exports and a gradual recovery in rural demand.

Overall vehicle retail fell to about 3.17 million units as Diwali shifted to November this year, while electric vehicle sales rose 45 per cent to a record 355,000 units

Auto component maker Sona BLW Precision Forgings Ltd (Sona Comstar) expects its annual investments, currently at Rs 500-600 crore, to rise as it scales up operations, with a focus on R&D, capacity expansion and new capabilities, its Managing Director and Group CEO Vivek Vikram Singh said. In an interview to PTI, Singh shared that the company will continue investing across all its three business lines, adding that it had introduced three new products during the September quarter. "Annual investment is currently around Rs 500-600 crore. This should increase as we grow over the decade," he said. Singh said investments would cover multiple areas, including R&D, capacity additions, capability additions and new processes, with the company focusing on developing entirely new products. According to the company's Q2 results release, the three products commercialised during the quarter were a helical limited slip differential for EVs, air springs for railway coaches and rear radar ...

Volkswagen tax dispute: India defends $1.2 billion import duty demand

India's largest two-wheeler maker Hero MotoCorp on Wednesday reported a 42 per cent year-on-year rise in consolidated profit after tax for the second quarter of the current fiscal. The company's consolidated profit for the quarter came in at Rs 1,861 crore, against Rs 1,308 crore in the year-ago period, according to a regulatory filing. Revenue from operations increased to Rs 14,971 crore, up 23 per cent from Rs 12,218 crore a year ago. "Results for the quarter and half-year include a Rs 397 crore gain from the equity consolidation of an associate company, following its capital raise via a Qualified Institutional Placement and Private Placement," the company said. Revenue was largely driven by volumes. Hero MotoCorp dispatched a total of 18.68 lakh motorcycles and scooters, registering a 10 per cent growth year-on-year. The scooter segment recorded a 47 per cent growth to 2.40 lakh units in the September quarter of FY27. VIDA electric scooter volumes rose 76 per cent year-on-year

Motilal Oswal Wealth Management Research Desk remains constructive on the auto sector, while expecting volume growth to moderate from the elevated levels seen in 1HFY27.

Ultraviolette Automotive plans to invest Rs 800 crore in a new Hosur facility, launch four products over the next year and expand exports to Europe, North America and Latin America.

Stellantis India is targeting to halve vehicle development time and ramp up localisation for certain models as it prepares to launch 12 products across Citroen and Jeep brands under its FaSTLAne 2030 roadmap, MD and CEO Shailesh Hazela said. "Globally, we announced that our ambition is to cut down our development time for bringing new products from 48 months to close to two years, which is around 24 months. That is what we are working on (for) our products, which we are going to launch," Hazela told PTI in an interview. Stellantis has one of its software and technology centre in Bengaluru. "[Our] India engineering centre is part of the four large tech centres in the world. We have the largest tech centre and they develop cars not only for Jeep and Citroen, but for models globally. So they have the same mandate [cut in product development time] which they will be following," he said. Also, Stellantis India has a long-standing partnership with Tata Motors Passenger Vehicle for ...

The government has proposed BS-VII emission norms from April 2029, introducing stricter real-world testing and brake and tyre pollution limits, while automakers seek more time to comply

Commerce and Industry Minister Piyush Goyal on Monday said all European carmakers would prefer to manufacture in India, as producing vehicles there would be uncompetitive due to the region's regulations. Goyal said India is going to become a global car manufacturing hub. "Finally India is going to become the global hub for car manufacturing. Everybody is going to come and manufacture in India and with Europe having such crazy regulations, it is going to be impossible to be competitive. All the European manufacturers will come to India," he said at The Dilli Dialogue here. India has provided quota-based tariff concessions to the UK and the European Union (EU) in free trade agreements. The pact with the UK was operationalised on July 15, while the deal with the EU is likely to be signed by the end of this year. "I do not know if you are aware. Tatas had so much trouble after they bought Jaguar. Tata Motors itself was going to collapse and then they put in a lot of re-engineering, an

Auto dealers expect deferred purchases to convert into festive deliveries from mid-October, while higher PV inventory and EV supply constraints remain key monitorables

At the same time, commercial vehicle sales grew 37.62 per cent year-on-year in September 2026 at 103,557 units

Leading automakers are ramping up production and building dealer inventory to meet strong customer demand as India enters the peak festive buying season, with manufacturers seeking to ensure adequate vehicle availability and convert healthy bookings into retail sales. Car market leader Maruti Suzuki India has 2.2 lakh pending bookings ahead of the festive season, while Hyundai Motor India has built four-five weeks of inventory across its dealer network. Mahindra & Mahindra, meanwhile, has scaled up its utility vehicle and electric vehicle manufacturing capacity to 68,000 units a month to improve supply and bring down waiting periods. Maruti Suzuki India's Senior Executive Officer Partho Banerjee told PTI, "At the beginning of this financial year, we had 12 days of stock. The current bookings pendency is 2.2 lakhs, which translates to 16 days of stock before the festive season. "We have already commissioned two new production lines, adding 5 lakhs capacity in total. The production .

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