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Hyundai Motor India Ltd (HMIL) on Wednesday said it will hike prices of its vehicles by up to Rs 12,800, depending on the model and variants. The price revision is attributed to a combination of various cost escalations, it added. This is in continuation of HMIL's announcement on April 8, 2026, when the car maker in a regulatory filing announced a 1 per cent hike across its portfolio from next month, citing various cost escalations, effective next month. "The extent of price increase is up to a maximum of Rs 12,800, and it will vary depending on the model and variant," said HMIL in a statement. The price increase has been necessitated due to rising input costs, increased commodity prices and higher operational expenses, among other reasons, it said. "While the company continuously strives to optimise costs and minimise the impact on its customers, the company is constrained to pass on some of the increased costs to the market through this nominal price increase," said HMIL.
Total automobile retail sales in India grew by 12.94 per cent with a record 26,11,317 units in April as compared to 23,12,221 units in the same month last year, making a bright start to the new fiscal, Federation of Automobile Dealers Associations said on Tuesday. Sustained tailwinds from GST 2.0 affordability gains, RBI's supportive rate stance, healthy rural cash flows post a strong rabi cycle and an extended marriage season helped the industry post a robust performance, Federation of Automobile Dealers Associations (FADA) said in a statement. Passenger vehicles (PV) retail sales were at a record 4,07,355 units last month as compared to 3,63,028 units in April 2025, a growth of 12.21 per cent, it added. Two-wheelers also clocked best-ever monthly numbers at 19,16,258 units in April this year as compared to 16,95,638 units in the same month a year ago, at a growth of 13.01 per cent, it added. FADA further said three-wheeler sales stood at 1,06,908 units last month as compared to .
India's support measures to promote manufacturing in the automobile and renewable energy sectors are fully compliant with World Trade Organisation norms and the country will strongly defend them at the WTO's dispute settlement panel meetings, an official said. Following a request by China, the WTO dispute settlement body on Tuesday announced the setting up of a panel to hear the case. The official said that India regrets China's decision to proceed with panel establishment despite extensive bilateral consultation on the matter in good-faith, during which India provided detailed explanations and clarifications on the measures. "India is of the view that China's request for panel establishment reflects an incorrect understanding of both the design and operation of the measures at issue. India maintains that the measures challenged by China are fully consistent with India's rights and obligations under the WTO Agreements, including the GATT (General Agreement on Trade and Tariffs) 1994
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