Automobile Industry

Rural mkt boost drives passenger vehicle sales up 7% in Jan, says Fada

Passenger vehicle retail sales rose to 5.13 lakh units in January, led by a 14.4 per cent growth in rural markets, while overall automobile retail sales grew 17.6 per cent, Fada said

Updated On: 10 Feb 2026 | 11:28 PM IST

India-US trade deal to boost auto suppliers, says Nomura; lists top winners

Nomura said the combination of lower duties and a weaker Indian rupee increases global competitiveness for auto suppliers such as Bharat Forge, Sansera, Sonacoms, Belrise Industries, and Motherson

Updated On: 10 Feb 2026 | 11:04 AM IST

Auto retail sales rise nearly 18% in January on high rural demand: Fada

Automobile retail sales rose nearly 18 per cent year-on-year to over 27 lakh units in January, led by continued post-GST momentum, healthy rural cash flows on the back of harvest and weddings, and sustained demand visibility across freight, dealer's body FADA said on Tuesday. Overall retail sales last month grew to 27,22,558 units, up 17.61 per cent, as against 23,14,940 units in January 2025. Passenger vehicle retails stood at 5,13,475 units last month, a growth of 7 per cent, as against 4,78,915 units in the year-ago period. "The growth story is increasingly being written in non-metro India -- Rural PV grew by 14.43 per cent YoY, significantly ahead of Urban at 2.75 per cent YoY. "This reinforces the structural expansion of PV demand beyond the top cities, aided by a strong SUV/compact-SUV preference, revival of entry-level cars, product availability and continued schemes," FADA President C S Vigneshwar said in a statement. Two-wheeler retail sales grew 21 per cent year-on-year

Updated On: 10 Feb 2026 | 10:55 AM IST

Auto sector momentum builds; MOFSL prefers TVS, Maruti Suzuki as top stocks

India's auto sector starts 2026 with strong demand across PVs, 2Ws, CVs and tractors. MOFSL prefers TVS Motor and Maruti Suzuki.

Updated On: 10 Feb 2026 | 7:25 AM IST

From autos to chemicals: Which sectors are set to gain from India–US trade deal?

After months of uncertainty, the India–US trade deal is finally in place. Tariffs on Indian goods entering the US have been sharply reduced, markets have surged

Updated On: 04 Feb 2026 | 1:18 PM IST
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India-EU trade deal: Auto firms eye India to take on Chinese rivals

Look to use India's manufacturing cost advantage as carmakers from China have gained market share in EU in recent years

Updated On: 28 Jan 2026 | 11:37 PM IST

India-EU FTA: Competition threat 'overblown' for Indian auto, say analysts

India-EU FTA may lift export potential for Indian automakers with limited import risk, analysts say

Updated On: 28 Jan 2026 | 2:43 PM IST

NITI Aayog calls for tighter norms to fix India's waste tyre recycling gaps

A new NITI Aayog assessment said tyre production is projected to double over the next decade, significantly increasing the volume of discarded tyres

Updated On: 27 Jan 2026 | 9:45 PM IST

Suspend PM E-DRIVE truck-scrapping rule for a year: Auto industry

For buyers to get the incentives, the rule requires them to submit a certificate showing that a truck running on the old internal combustion engine (ICE) has been scrapped

Updated On: 09 Jan 2026 | 11:30 PM IST

2-wheeler industry eyes 6-9% growth in 2026 on GST-led affordability boost

India's two-wheeler industry is expected to grow 6-9% in 2026, aided by the GST cut, improved affordability and steady rural and urban demand, analysts said

Updated On: 09 Jan 2026 | 6:33 PM IST

Maruti Suzuki clocks record annual production of 2.255 mn units in 2025

Maruti Suzuki India Ltd on Friday said it has clocked a record annual production of 22.55 lakh units in calendar year 2025, a growth of 9.3 per cent over the previous year. This is the second consecutive year that the company has exceeded 20 lakh units in annual production. The production includes vehicles for domestic sales, exports and OEM supplies, Maruti Suzuki India said in a statement. The company had produced 20.63 units in 2024. Maruti Suzuki India Managing Director and CEO Hisashi Takeuchi attributed the record production to the efforts of the company's employees and the strong synergy that it shares with supplier partners. "A high degree of localisation has enabled us to achieve such scale while maintaining world-class quality, highlighting the strength and global competitiveness of India's automotive manufacturing ecosystem," he noted. Maruti Suzuki said its top five models by production volume during the year were Fronx, Baleno, Swift, Dzire and Ertiga.

Updated On: 02 Jan 2026 | 1:57 PM IST

Sri Lankan car importers urge govt to waive 3% penalty on imported vehicles

Sri Lankan car importers, in the wake of the destruction caused by cyclone Ditwah, urged the government to waive the 3 per cent penalty on vehicles cleared after three months. Our buyers who placed orders for cars want refunds as the cyclone damage has left them in financial difficulties," Prasad Manage, the President of the Automobile Importers Association, told the media, adding that the buying power of the consumer has reduced. We are also victims of the Ditwah cyclone with customers asking for refunds of advance deposits made," Manage added. In Sri Lanka, imported cars are to be registered with the Department of Motor Traffic (DMT) within three months of the Customs Declaration date. Hefty monthly penalties of 3 per cent of the Cost-Insurance-Freight (CIF) value are imposed in case of non-compliance with the policy. He also requested the government to waive the 3 per cent penalty while increasing the registration period of the vehicles to six months. However, the import statis

Updated On: 29 Dec 2025 | 1:58 PM IST

Tata Motors opposes exempting small petrol vehicles from CAFE norms

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,

Updated On: 18 Dec 2025 | 2:24 PM IST

Auto industry logs best Nov sales; PV dispatches surge 19%: SIAM

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

Updated On: 12 Dec 2025 | 11:14 PM IST

Maruti Suzuki completes merger with SMG, authorised capital up ₹15,000 cr

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.

Updated On: 01 Dec 2025 | 12:41 PM IST

JSW MG Windsor EV crosses 50,000 sales in under 400 days of launch

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

Updated On: 20 Nov 2025 | 12:30 AM IST

Hero MotoCorp Q2FY26 results: Net profit rises 23.9% to ₹1,321 crore

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

Updated On: 13 Nov 2025 | 11:18 PM IST

Record festival sales, GST cuts help Eicher Motors log 24% profit rise

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

Updated On: 13 Nov 2025 | 10:57 PM IST

Shailesh Chandra becomes first Indian to head global auto body OICA

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

Updated On: 10 Nov 2025 | 6:42 PM IST

New launches, premiumisation to drive M&M's continued outperformance

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

Updated On: 05 Nov 2025 | 10:52 PM IST