Page 11 - Auto

IRF urges Delhi govt to remove price cap for EV policy incentives

The road safety body said all electric vehicles contribute to reducing pollution and urged the Delhi government to extend tax incentives beyond the current ₹30 lakh ex-showroom price limit

Weak rupee weighs on BMW India margins; further price hikes on the cards

BMW Group India said every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases

Tata Motors PV charts 10-fold growth plan by FY31, targets 20% market share

Tata Motors Passenger Vehicles aims to sell more than 1.2 million vehicles annually by FY31, with EVs contributing over 30 per cent of volumes and EBITDA margins in double digits

Power transmission to witness Rs 6 trillion investment over six years: Icra

India's power transmission sector is projected to attract Rs 6 trillion in investments through 2032 as grid infrastructure is expanded to integrate rising renewable energy capacity.

Maruti Suzuki commissions 1 MWh battery storage system at Kharkhoda plant

As a pilot initiative, a Battery Energy Storage System (BESS) has been integrated into the Kharkhoda facility's internal electricity distribution network, Maruti Suzuki India said

Mercedes-Benz eyes best-ever India sales in 2026 despite likely price hikes

Mercedes-Benz India expects record sales in 2026, banking on robust demand and a healthy order pipeline despite further price hikes driven by the appreciation of the euro

Indian auto component industry scales ₹7.6 trn turnover in FY2025-26

The performance was driven by robust domestic demand, higher vehicle production, sustained investments in capacity and technology, and steady export growth

India's EV penetration tops 12% for first time in June, led by e2Ws

India's EV market crossed 12 per cent of overall vehicle retail sales for the first time in June, driven by record electric two-wheeler sales and broad-based growth across segments

Centre asks OEMs to audit connected vehicles' software and devices

The Centre has asked automakers to audit connected vehicle software and battery systems after security flaws exposed electric vehicles to remote hacking risks

PM E-Drive scheme may get a longer run as EV makers seek support

Industry urges subsidy extension and PLI access to offset higher commodity prices

Auto retail sales jump 22% in June, fastest growth in three months

Record June retail sales across vehicle segments underscore resilient consumer demand, supported by GST changes, rural momentum and rising adoption of alternative-fuel vehicles

JSW MG Motor, Spinny partner to strengthen pre-owned EV ecosystem in India

As electric mobility continues to gain momentum in India, building a strong and trusted pre-owned ecosystem will be critical to accelerating adoption, JSW MG Motor India CCO Vinay Raina said

Brazil's ethanol success story shows biofuel transition takes time

Brazil's ethanol programme evolved from an oil crisis response into the world's most successful biofuel model. Here's how it progressed from Pró-Álcool to E30

Mahindra launches multi-purpose tractor YuvoTech+ 585 DI V1 across India

The tractor comes with an industry-leading six-year warranty and will be available across Mahindra dealerships nationwide, the company said

Ashok Leyland, Rosmerta join hands for end-of-life vehicle scrappage

The partnership will give Ashok Leyland customers access to Rosmerta's authorised scrappage facilities, along with support for deregistration and statutory documentation

India's June car sales jump 29%; EVs and hybrids hit record share: Fada

Alternative-fuel vehicles account for a record 40.4% of retail car sales in June as higher petrol and diesel prices boost demand

Mounting paperwork, delays hurt ease of doing business for automakers

ARAI's forex proposal exposed wider industry concerns over the auto PLI scheme, with automakers seeking a simpler, faster certification and compliance process

JSW MG Motor may hike Windsor localisation over 70% to cut supply risks

The Windsor EV, which has crossed cumulative wholesales of 75,000 units in 21 months since launch in October 2024, has become the company's growth driver

E20 fuel mileage impact limited to 3-3.5%: Maruti Suzuki's Rahul Bharti

Maruti Suzuki's Rahul Bharti said E20 fuel has 3-3.5 per cent lower calorific value than E10 petrol, adding that driving and maintenance factors cause wider mileage variation

Electric two-wheeler demand charges ahead as factories play catch-up

Manufacturers line up 3 million units of new capacity to close supply gap