Auto

Tata Motors plans local assembly of Iveco vehicles, eyes global expansion

Chandrasekaran sees scope for component sourcing and taking Tata products overseas as the combined Tata Motors-Iveco group targets higher volumes, revenue and margins over five years

EV registrations soar 75% in October even as PV market shrinks 14.6%

Electric vehicles help Tata Motors and Mahindra cushion a 14.6% decline in overall passenger vehicle registrations in October

Bajaj Auto's total sales during October rise 14% to 591,876 units

The automaker's total wholesales stood at 591,876 units, against 518,170 units in the year-ago period, according to an exchange filing

Ashok Leyland reports 23% growth in October sales to 21,888 units

The Chennai-based automaker's total sales, including exports, stood at 21,888 units, up from 17,820 units a year ago, according to an exchange filing

Car wholesales rose 12.4% to 528,384 units in October on festival demand

Domestic passenger vehicle wholesales rose to 528,384 units in October, supported by festive demand, GST cuts, income-tax relief and comparatively lower interest rates

Maruti Suzuki posts record sales in Oct with 25% growth despite high base

Sales of passenger cars, which include Alto, Baleno, Celerio, Dzire, Ignis, S-Presso, Swift and WagonR, grew 18.4 per cent on year to 100,000 units

Honda Motorcycle's total wholesale sales rise 13% to 734,000 units in Oct

Domestic sales grew 11% to 664,000 units, while exports surged 35% to 69,735 units. April-October total sales rose 15% year-on-year

Festive demand drives M&M vehicle sales to an all-time high in Oct

The total sales include exports, which rose 77 per cent to 7,102 units during the month

Hyundai Motor India sales hit record 82,299 units in October, up 17.7%

The milestone was driven by record domestic sales of 62,799 units, a 16.7 per cent rise, and exports grew 21.1 per cent to 19,500 units, the automaker said

JSW MG Motor India sales rise 19% to 8,013 units in Oct on strong demand

The automaker attributed the growth to strong demand for the newly launched MG Hector Tomahawk EV and Windsor Indulge Edition

TVS Motor to raise e2W capacity to 80,000 units a month by March 2027

The company is currently operating at a monthly capacity of 60k-65k units as EV penetration rises to over 20% in the scooter segment, prompting rivals Bajaj Auto and Ather Energy to expand production

Volkswagen posts $6.5 billion loss as China slump, Porsche writedown bite

The results announced Thursday underline the challenges facing the company as it seeks to cut costs through a restructuring that could mean the loss of up to 100,000 jobs and the closure of four Germa

Maruti Suzuki India's EV exports cross 50,000 units since August 2025

The e VITARA accounted for nearly 93 per cent of India's electric passenger vehicle exports in April-September 2026, with Europe emerging as the automaker's largest export market

TVS Motor Q2 net profit surges 46% to ₹1,219 crore on robust sales

TVS Motor reported a 46 per cent rise in Q2FY27 consolidated net profit to Rs 1,219 crore, driven by record quarterly sales, strong export growth and a surge in electric two-wheeler volumes

Hyundai Motor India Q2 profit falls 23.9% as raw material costs rise

Hyundai Motor India's Q2FY27 net profit fell 23.9 per cent to Rs 1,196 crore as rising raw material costs and higher employee expenses offset an 18.5 per cent increase in revenue.

TVS Motor Company moves to unbundle mobility, consumer finance business

TVS Motor's board has approved the demerger of its consumer finance business into Harita ARC and the merger of TVS Motor Services with the parent company to unlock shareholder value

Bajaj Auto Q2 net profit rises 62% to ₹3,436 cr on exports, EV sales

Bajaj Auto's consolidated revenue rose 59% to Rs 25,125.56 crore in Q2 FY27, driven by a 41% increase in exports and strong growth in electric vehicle sales and volumes

Amazon expects India EV fleet to cross 20,000 vehicles over next year

Amazon plans to expand its electric vehicle fleet from over 15,000 currently, while partnering with Tata Motors to deploy 3,000 electric trucks and boost charging infrastructure

JLR begins local production of Defender 110, prices to drop by ₹34 lakh

The company said it expects up to a 20 per cent uptick in sales volumes following the move

Hyundai targets 250,000 mid-size SUV sales in 2027 on Creta, Bayon push

MD and CEO Tarun Garg said the target is a baseline rather than a ceiling, as Hyundai expects the Creta and Bayon to appeal to different sets of mid-size SUV buyers