Page 13 - Auto

China's SAIC to cut stake in India car venture, freeze new investments

SAIC is not pulling out of India but wants to dilute its stake in JSW MG Motor significantly and will continue to provide technology and products for the venture

US tariffs to hit 8% of India's auto component output: Icra report

Auto component exports contribute nearly 30 per cent to the industry's revenues, with the US alone accounting for 27 per cent of this share

Rare-earth squeeze puts electric two-wheeler firms, suppliers at odds

OEMs seek temporary exemption to keep subsidy and avoid shutdowns

Simple Energy develops India's first heavy rare earth-free EV motor

This shields the e2W maker from dependence on elusive Chinese imports of critical minerals

Delhi govt set to release Rs 140 crore EV subsidy dues after HC rap

The court on September 3 ordered the Delhi government to take immediate steps to disburse the subsidies promised to customers for buying EVs and procedural hurdles cannot be used to delay payments

FADA dealer Satisfaction Study 2025: JSW MG, Enfield emerge segment leaders

The fifth edition of DSS was conducted in partnership with Singapore-based consultancy PremonAsia

PV production fell 4.1% in August as OEMs cut dispatches to dealers

Passenger vehicle production and dispatches fell in August as demand weakened after GST 2.0, while two- and three-wheeler sales recorded strong growth, led by scooters and SUVs

Mercedes-Benz considers price hike early next year over forex woes

"We are still priced around 93-94 to the euro, and the euro today is at 103 level, which means we will be forced to take further price increases, maybe early next year," Iyer told PTI

Tata Motors inks pact with 13 EV charging operators to boost infra

The company has signed Memorandum of Understandings (MoUs) with leading charging point operators (CPOs)

Maruti Suzuki cars to get cheaper under GST reform, know new prices here

Maruti Suzuki cars are set to become more affordable with the new price cuts, as per the new GST reforms. Prices on hatchbacks and compact sedans will be reduced from 22nd September 2025

Car sales fall in August 2025, but two-wheelers ride festive demand: Siam

PV dispatches fell 9% in August to 321,840 units, while two-wheeler sales rose 7% and three-wheeler sales hit a record, as buyers awaited GST-driven price cuts

ES-Tec acquisition likely to help expand Tata Technologies' presence

Acquisition strengthens Tata Tech's presence in Europe, boosting ADAS, e-mobility, and engineering services for global automakers

80% automakers face launch delay due to late-stage engineering changes

Changes should drop To fewer than 15% in pre-production, 8 % or less in production post-launch

India's auto-component industry to touch $200 bn by 2030: McKinsey

Domestic autocomp sales are projected to grow 7-8 % per annum until financial year 2030

Auto Inc seeks closer ties with Centre for critical raw materials

It is working on a plan to secure supplies for next two-three quarters

Policy stability key to India's manufacturing future: Maruti Suzuki MD

Takeuchi cited Suzuki Motor Corporation's decision to produce its first global electric vehicle, the e-VITARA, in India as evidence of the country's rising status in world markets

GST cut relief: Two-wheeler prices may decline by as much as ₹24,500

The GST Council recently cut tax rates on sub-350cc two-wheelers and three-wheelers from 28 per cent to 18 per cent, effective September 22, 2025

Auto industry bodies meet CBIC chief over compensation cess concerns

At present, dealers have an inventory of around 600,000 vehicles, which were loaded up in anticipation of the festival rush

Auto bodies seek closer cooperation with govt to secure key raw materials

The industry has a shared resolve to transform challenges into opportunities and position India as a reliable and competitive global hub for mobility components while navigating geopolitical challenge

Ashok Leyland MD sees CV sales crossing pre-pandemic peak in FY26

Shenu Agarwal said India's CV industry is poised to surpass the FY19 peak in FY26, supported by GST measures and robust retail demand despite short-term market complexities