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Amid Gensol crisis, BluSmart says wallet refunds will take up to 90 days

Many users have voiced concerns about the lack of transparency regarding BluSmart's refund process. The development unfolds amid an ongoing investigation by Sebi into Gensol Engineering

Not just Ashneer Grover: BluSmart had Dhoni, Deepika Padukone as investors

A number of celebrities and high-profile investors, including MS Dhoni, Deepika Padukone, Sanjeev Bajaj, and Ashneer Grover, had backed the EV startup now under Sebi scrutiny

Skoda Auto India gears up for electric vehicle play with local push

Kylaq success fuels confidence as carmaker eyes exports, higher India mkt share

India's auto sector sees $1.5 billion in deals in Q1 2025 despite IPO lull

Mergers and acquisitions (M&A) continued to gain momentum, recording nine deals worth $359 million-marking the third straight quarter of growth

Commercial vehicle sales may touch 1 mn mark in FY26 after 7 yrs: Crisil

LCVs to account for 62% of volumes

Domestic CV volumes may touch 1 mn units mark this financial year: Crisil

The sector's credit outlook remains stable, supported by strong liquidity and healthy cash flows

PV sales up 2% in FY25 on utility vehicle demand, says industry group

Most segments clock growth, commercial vehicle numbers decline: SIAM

European car major Volkswagen may drive more global models into India

The brand's India strategy remains focused on selective participation in segments where it can use its global resources

Auto launches may jump-start Q4FY25 revenue, but margins could stall

Richer product mix to drive Ebitda growth; margins under pressure due to rising input costs, discounting, ad-spends

Nissan to launch 7-seater MPV in last quarter of FY26, 5-seater SUV in FY27

As part of its plans to reshape new products for the India business, Nissan had earlier announced the launch of the seven-seater B-MPV (multi-purpose vehicle) and two compact SUVs

Delhi's EV policy may add 20K jobs, boost ecosystem infra: Manjinder Sirsa

The policy also includes setting up battery collection centres and establishing a city-wide network of charging and swappable battery stations

NITI Aayog calls for reforms to treble auto parts exports in five years

The report envisions India advancing to approximately $145 billion in automotive component manufacturing by 2030

MG Windsor becomes fastest-selling EV in India with 20K units in 6 months

As of March 2025, JSW MG Motor enjoys a 31 per cent retail market share in the EV segment, trailing only Tata Motors, which holds a 38 per cent share

Niti Aayog seeks fiscal support to boost auto component manufacturing

The report envisions the country's automotive component production growing to USD 145 billion, with exports tripling from USD 20 billion to USD 60 billion by 2030

Luxury car sales hit record in FY25; FY26 outlook remains cautious

The overall luxury car market had grown by around 3 per cent in FY25

Delhi govt considers series of green measures to boost EV adoption

Rs 2K-10K cess on non-EVs older than 10 years, pollution cess on petrol under consideration

RBI rate cut will benefit auto sector, create positive sentiment: SIAM

The Reserve Bank of India (RBI) cut interest rates for a second consecutive time by cutting the repurchase or repo rate by 25 basis point to 6 per cent

Digital shift, women steer used-car market growth, says Spinny report

The report revealed that 77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases

Chetak top-selling electric two-wheeler in Q4FY25, says Bajaj Auto

The Chetak was originally introduced in the 1970s, when it had a strong presence in the Indian scooter market for several decades

Nearly 90% of orders in February sales fully paid, says Ola Electric

The clarification follows reports claiming Ola included bookings for yet-to-be-launched vehicles in its Feb sales data, potentially inflating market share amid efforts to regain investor confidence