Automobile Manufacturer

European automakers may establish manufacturing units in India after testing domestic demand under the India-EU FTA, which is expected to take effect in the first half of 2027.

Tenneco Clean Air India is exploring acquisitions in rail, aerospace and defence, while expanding its automotive portfolio across internal combustion, hybrid and electric vehicles.

India's automobile retail sales declined 23.8 per cent year-on-year to over 31.72 lakh units in October this year on a high base, with a decline in two-wheeler and passenger vehicle registrations, according to data from the Federation of Automobile Dealers Associations (FADA). The drop reflects Dhanteras and Diwali falling in November this year, while both Navratri and Diwali were in October last year, with strong pent-up demand post the GST cut. Two-wheeler retail sales fell 28.35 per cent to 23.21 lakh units, while passenger vehicle sales dropped 4.23 per cent to 5.08 lakh units during the month. "October is India's largest retail month of the year, and this year it must be read with the calendar firmly in mind," said FADA President Sai Giridhar, adding that the year-on-year decline is almost entirely optical. "Last October was an exceptional month that carried both Navratri and Deepawali together, over and above the pent-up demand released after the GST 2.0 rate cuts of 22nd ...

Automakers want brake and tyre emission norms linked to supplier readiness, final limits and testing methods

Hero Motors' share price was locked at the 10% lower circuit at ₹122.70 on Wednesday, falling 31% from its post listing high of ₹179 on October 5, 2026 on the BSE.

The gap between car wholesales and retail registrations narrowed 45% Y-o-Y in September, as strong festive demand kept dealer inventories lower than last year despite increased dispatches.

The automaker plans seven all-new models and five major upgrades across Jeep and Citroen, aiming to triple annual sales to about 45,000 units within three years

Tata Motors Ltd said it has increased the takeover offer price for Italian truck maker Iveco Group NV by 0.30 euro per share to 14.40 euro per share, citing delay in authorisation process. In 2025, Tata Motors announced plans to acquire Iveco, excluding its defence business, for 3.8 billion euro (nearly Rs 38,240 crore) through TML CV Holdings Pte Ltd. The commercial vehicle major earlier offered 14.10 euro per share, valuing the transaction at 3.82 billion euro. Tata Motors started an all-cash voluntary tender offer for all outstanding common shares of Iveco in September. The acceptance period runs from September 7 to October 26, 2026, with Iveco Group shareholders scheduled to vote on related resolutions at an extraordinary general meeting on October 16. Iveco Group's board of directors unanimously supported the deal and has recommended that shareholders tender their shares and vote in favour of the earlier offer. While noting that the previous offer price already represented fu

Final CAFE-3 rules drop the special 909-kg concession but soften targets for lighter cars through a revised formula, while tightening norms for heavier vehicles

Domestic passenger vehicle wholesales reached 463,081 units in September, with Maruti Suzuki reporting 36.9 per cent growth as small cars and CNG models gained momentum

MoRTH is considering easing technical requirements for four passenger-car components, potentially giving automakers greater design flexibility and reducing testing and homologation costs.

Samvardhana Motherson Adsys Tech Ltd (SMAST), a subsidiary of auto components manufacturer Samvardhana Motherson International Ltd, will acquire a 50.1 per cent equity stake in Rotary Connectors Pvt Ltd at an enterprise value of Rs 500.4 crore. The Board of Samvardhana Motherson International approved the all-cash deal on Monday, according to a regulatory filing. The transaction is expected to be completed by the end of the financial year 2026- 2027. Post completion of the transaction, SMAST will hold 50.1 per cent of the equity share capital of Rotary Connectors Pvt Ltd (RCPL), and thereafter RCPL will become an indirect subsidiary of Samvardhana Motherson International. The promoters of RCPL will continue to hold a 49.9 per cent equity stake in the company. "The Board of Directors of Samvardhana Motherson International Ltd (SAMIL) at its meeting held today has considered and approved the purchase by Samvardhana Motherson Adsys Tech Ltd, a wholly-owned subsidiary of the company,

Maruti Suzuki India on Friday said it has reached a milestone of dispatching 1 million vehicles through in-plant railway terminals in just over three years since opening dedicated transportation lines at two manufacturing sites in Gujarat and Haryana. Operations from in-plant railway sidings at Hansalpur (Gujarat) commenced in March 2023 and from the Manesar (Haryana) railway siding in June 2025. In the current financial year, the automaker said that 70 per cent of its total rail-based vehicle dispatches have been through these two in-plant railway sidings, and its mid-term goal is to increase such dispatches to 35 per cent by FY31. As of August 31 of this fiscal year, the company's rail-based vehicle dispatches have crossed 3 lakh units, it said. An in-plant railway terminal inside a manufacturing facility allows goods to be loaded onto freight trains within the plant, eliminating the need for trucks to access the nearest railway stations before entering the supply network. Of th

Dealers being asked to invest crores on short-term letters of intent, says FADA president Sai Giridhar

Tesseract targeted to quickly scale to 10,000 units a month; EV maker sees scooters and motorcycles contributing equally at scale, exports rising to 25% of volumes

The proposed JSW-Skoda Volkswagen venture will cover mass-market ICE, hybrid and electric vehicles, with a binding agreement targeted by December

Maruti Suzuki, Tata Motors and Mahindra discussed concerns over chloride and moisture in E20 fuel even as the industry publicly backed the government's ethanol rollout

Carmakers say 2028 mandate gives time to prepare suppliers, contain cost impact

Automaker Kia India on Saturday reported a 27.4 per cent rise in wholesale dispatches at 28,200 units in July 2026 as compared to 22,135 units in the same month last year. This marks Kia India's best-ever July wholesale performance since inception, the company said in a statement. "Our best-ever July wholesale performance reflects the continued trust of our customers and the strong acceptance of Kia's diverse product portfolio. Building on our record H1 performance, we have maintained healthy momentum across key segments," Kia India Senior Vice President, Sales & Marketing, Atul Sood, said. The company said July sales were on the back of continued momentum driven by Seltos and Sonet, supported by sustained demand for Carens Clavis, Clavis EV, and MY26 Syros.

SML Mahindra's board on Wednesday approved the acquisition of the Mahindra Truck and Bus Division from parent Mahindra & Mahindra.