Automobile Industry

Leading car maker Tata Motors is against granting exemption to small petrol vehicles weighing up to 909 kg from the strict Corporate Average Fuel Efficiency (CAFE) standards, saying it would be detrimental for the growth of adoption of models based on sustainable technologies in the country. In a letter to PMO, the Mumbai-based auto major said India's ability to innovate and leapfrog into technologies of the future is now starting to bear fruit, with EV adoption growing to reach nearly 5 per cent in passenger cars. "In this context, we would like to highlight that the provision to grant relaxations/exemptions for petrol vehicles up to 909 kg weight not exceeding 1200 cc and length not exceeding 4000 mm, may result in diluting the focus on adoption of sustainable technologies," the company said in a letter to Shaktikanta Das in the Prime Minister's Office. Relaxations based on vehicle weight may inadvertently incentivise OEMs to reduce weight at the cost of essential safety features,

Sector optimistic that 'supportive policy reforms' will continue, says group

Maruti Suzuki India on Monday said the scheme of amalgamation with Suzuki Motor Gujarat has become effective from today. Consequent to the effectiveness of the scheme, there has been an increase in the authorised share capital of the company by an amount of Rs 15,000 crore crore the auto major said in a regulatory filing. "We would like to inform that the company has filed the certified copy of the order issued by the Hon'ble National Company Law Tribunal, sanctioning the Scheme of Amalgamation of Suzuki Motor Gujarat, a wholly owned subsidiary (SMG), into and with Maruti Suzuki India (MSI) with the Registrar of Companies, Delhi and accordingly, the scheme becomes effective from today December 1, 2025," it stated. The Appointed Date under the scheme is April 1, 2025 and as such, the amalgamation of SMG into and with MSI has been completed, it added. Maruti Suzuki shares were trading 0.15 per cent up at Rs 15,917.25 apiece on BSE.

MG's Windsor EV has crossed 50,000 sales in just over 13 months, becoming India's fastest four-wheeler EV to reach the milestone and sharply lifting the company's electric vehicle market share

Hero MotoCorp said its international business grew by 77 per cent Y-o-Y in the second quarter, primarily due to good performance in Bangladesh, Nepal, Sri Lanka and Colombia

Revenue hits all-time high, GST cut boosts demand for sub-350cc bikes; seeks uniform 18% GST across all motorcycle segments to boost domestic demand and global competitiveness

Chandra becomes the first Indian to head OICA, marking a significant milestone for India's presence in global automotive decision-making

On track for continued outperformance in FY26 with strategic launches, premiumisation

At the third spot is Ather Energy, which is in a fierce battle with the incumbent competitors to challenge their position

On the bourses at 2:05 PM, Hyundai Motor India share price was trading 1.31 per cent higher at 2,302.50. By comparison, BSE Sensex was trading 0.48 per cent lower at 84,370.08 levels.

Shares of CarTrade Tech hit a new high of ₹3,008.95, soaring 13% on the BSE in Tuesday's intra-day trade after the company reported its highest-ever quarterly revenue and PAT for Q2FY26.

With over two decades in the automotive sector, Sunil Moolchandani will lead Hyundai Motor India's national sales strategy, dealer performance, and market expansion efforts

Excluding the Tata Motors transaction, deal values fell 36 per cent quarter-on-quarter (Q-o-Q), indicating that large strategic bets continue to drive overall momentum

GST 2.0, small-car revival accelerate biggest single-day PV sales in history

At 10:19 AM; BSE Auto index and Nifty Auto index, the top gainers among sectoral indices, were up 1.3 per cent each, as compared to 0.5 per cent rise in the BSE Sensex and Nifty 50.

Hyundai plans 26 launches, including seven new nameplates and India's first locally made electric SUV by 2027, as part of its Rs 45,000 crore growth roadmap

Hyundai veteran Tarun Garg will succeed Unsoo Kim as MD & CEO from Jan 1, 2026, marking a new chapter in the automaker's India journey

As EV market matures, Indian consumers now have clear choices across budget, mid-range, and premium segments - and the first Tesla buyer in the country signals that aspiration has joined affordability

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

Tata Motors on Wednesday reported its best-ever monthly passenger vehicle sales of 60,907 units in September, a year-on-year increase of 47 per cent, due to the GST rate cut and higher demand during the Navratri festival. The Mumbai-based auto major reported vehicle wholesales of 41,313 units in September 2024. In the domestic market, the company said, its dispatches to dealers rose 45 per cent to 59,667 units against 41,063 units in the year-ago period, Tata Motors said in a statement. "The passenger vehicles industry marked a sharp upswing in demand during September 2025, following the rollout of GST 2.0, further buoyed by festive tailwinds. This surge in demand sets a promising tone for sustained growth in the months ahead," Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said. For the company, September 2025 emerged as a watershed month with sales of 60,907 units, the automaker's highest ever, marking a substantial 47 per cent year-on-year growth, he added. "