Page 10 - Auto

India's auto deals hit $4.6 bn in Q3, driven by outbound M&A, EV growth

Excluding the Tata Motors transaction, deal values fell 36 per cent quarter-on-quarter (Q-o-Q), indicating that large strategic bets continue to drive overall momentum

Indian auto sector saw deals worth $4.6 bn in Q3: Grant Thornton Bharat

Excluding the Tata Motors-Iveco deal, values dipped 36 per cent over the June quarter, signalling that large strategic bets continue to define overall deal momentum

Car sales hit top gear on festive push, up 15-35% during Navaratri-Diwali

Passenger-vehicle makers have seen between 15 per cent and 35 per cent sales growth during this period

Commercial vehicle sales up 2% in H1 as medium, light trucks drove growth

India's commercial vehicle market grew 2% in H1 FY26 as light and medium trucks saw gains, while heavy vehicle demand softened amid higher fleet productivity

Dhanteras engine fires up auto market: Over 100K cars delivered in 24 hours

GST 2.0, small-car revival accelerate biggest single-day PV sales in history

Luxury carmakers rev up festive cheer with reduced prices, festival offers

Industry experts note that reduced GST rates and bundled festive discounts have made this an opportune time for buyers

Automobile exports rise 26% in Q2 on record PV, two-wheeler sales: Siam

Passenger vehicle exports grew 23 per cent to 2,41,554 units in September quarter as against 1,96,196 units in the same period of last fiscal

Jains in Gujarat buy 186 luxury cars, save ₹21 cr in 'one-of-its-kind deal'

These 186 luxury cars, each priced between ₹60 lakh and ₹1.3 crore, were handed over to their owners across India between January and June this year

Maruti Suzuki to cross 50,000 Dhanteras deliveries; Hyundai up 20%

In the month following the GST relief, Maruti Suzuki has seen over 450,000 bookings and 325,000 retail sales, signalling strong post-reform demand

Auto dealers move Supreme Court over ₹2,500 crore compensation cess

While the industry body has reiterated its support for the reform, it said the move was aimed at ensuring fairness for thousands of MSME auto dealers impacted by the transition

Hybrids outpace petrol, EVs as preferred vehicle for buyers: Survey

A Grant Thornton Bharat survey shows 38% of car buyers prefer hybrids this festive season, signalling a shift in India's auto market towards efficiency, safety, and premiumisation

High demand for PVs likely to sustain beyond festive season: Siam president

Siam data showed that automakers dispatched 372,458 PVs to dealers in September 2025, a year-on-year increase of 4.4 per cent

Hyundai Motor lines up ₹45,000 cr investment in India: 26 launches in 2030

Lining up its 2030 strategy, Hyundai said it was targeting up to 30 per cent export contribution and over 1.5-fold rise in revenue, to cross the ₹1 trillion milestone in five years

Celcius to invest ₹100 cr in 3.5-ton EV reefer fleet with Switch Mobility

Celcius will invest ₹100 crore in refrigerated electric trucks and charging infra; launches 'Celcius Green' vertical to create a zero-emission cold logistics network.

Passenger vehicle dispatches up 4% in September to 372k units: Siam

Two-wheeler sales witnessed a 7 per cent on-year rise to 21,60,889 units last month, as compared to 20,25,993 units in the year-ago period

Hyundai Motor India to invest ₹45,000 crore by FY30, launch 26 new models

The company also aims to roll out a locally designed, developed and manufactured dedicated electric SUV for the Indian market by 2027

Volkswagen, JSW back at the table for EV venture as M&M deal stalls

Earlier in February 2024, Volkswagen and JSW Group were in talks to form a joint venture for EV manufacturing in India. The discussions have now resumed after VW's stalled pact with M&M

CPSE bosses to travel in style as govt upgrades staff car purchase norms

The government has raised the engine cap for central public sector enterprises staff cars from 2,000 cc to 2,500 cc, allowing its executives to buy India-made vehicles under new guidelines

China's exports of EVs, hybrid vehicles doubled in Sep to 222,000 units

Domestic passenger car sales climbed 11.2 per cent year-on-year in last month down from a 15 per cent rise in August, the China Association of Automobile Manufacturers said Tuesday

UP to offer EV incentives only to locally manufactured vehicles from Oct 14

Starting October 14, Uttar Pradesh will provide EV incentives only to vehicles that are manufactured, sold, and registered within the state, aiming to boost local production and employment