Page 17 - Auto

Electric cars: Forgotten past, repeated rise and fall before latest revival

The very first EV was born in the 1830s; By the 1900s, electric carriages were dodging horse droppings in Manhattan streets

Despite a strong March, electric vehicle makers keep discounts high

Aggressive discounting persists in the EV market as automakers juggle inventory, competition, and evolving buyer expectations

Auto industry faces ₹25k cr hit on profits due to end-of-life vehicle rule

The auto industry body had sought the possibility of resolving the issue through amending Rule 4(6) before EC cost notification to clarify that cumulative budgetary provisioning may not be required

EV sales jump nearly 70% in Jan-Apr; momentum sustains beyond March spike

April volumes hold near peak despite fewer selling days; Tata leads while M&M and Maruti gain share amid broad-based growth

Domestic passenger vehicle wholesales rise 27% in spite of West Asia war

Passenger vehicle sales surge year-on-year to about 450,000 units in April, driven by GST cuts, tax relief and rural demand, even as West Asia conflict poses risks

Bright start to FY27 for carmakers with sales of 450K units in April

Passenger vehicle sales in the domestic market were 354,000 units in April last year

Maruti Suzuki India sales rise 33% to record 239,646 units in April

Domestic sales also reached an all-time high of 1,91,122 units in April compared to 1,42,053 units in the year-ago month

Toyota to build 3 new assembly plants in Maharashtra to boost capacity

The new plants will bring Toyota's factories in India to six, with the other three existing facilities in the south

Auto sector pushes for trials ahead of E25 move over vehicle concerns

The issue has figured prominently in recent internal deliberations in the automotive industry, Business Standard has learnt

Oben Electric targets threefold revenue growth in FY27: CEO Agrawal

EV maker eyes sharp growth in revenue and volumes, backed by expanded production, retail network, and rising demand amid concerns over fuel price volatility

Renault moves NCLT to restructure India ops, eyes €2 bn exports by 2030

French automaker moves tribunal to streamline India structure, boost exports to €2 billion annually by 2030, and strengthen the country's role as a key manufacturing hub

Oben Electric eyes 3x sales growth on new launches, network expansion: CEO

With the major population riding motorcycles, the strategy is to deepen the presence, Founder & CEO, Madhumita Agrawalsaid

Hero MotoCorp partners Quilmotors as exclusive distributor in Ecuador

Quilmotors will be responsible for assembly operations, network development, sales, after-sales service and spare parts distribution

Asia-Oceania emerging auto industry's centre of gravity: Shailesh Chandra

Asia-Oceania leads global vehicle growth and demand, consolidating its role as both manufacturing hub and consumption market, amid uneven recovery across Europe and the Americas

India-New Zealand FTA to boost auto exports, spur EV investments

Industry stakeholders believe the move could provide a meaningful boost to India's auto exports, particularly at a time when companies are looking to diversify markets and scale global operations

Toyota Motor sales fall for second month in March on West Asia slump

Global sales shrank 7.3 per cent from the same month a year earlier to 897,871 vehicles, with overseas sales down 7.2 per cent and those in Japan falling 7.8 per cent

India EV sales double, mid-market surges as entry segment shrinks

EV volumes rise 87 per cent in FY26, with ₹20-30 lakh segment gaining share while entry-level adoption weakens due to affordability and product gaps

Mahindra ranks 25th in top 100 valuable global auto brands: Report

Eight Indian auto brands feature in global top 100, with Mahindra leading at 25th as strong SUV demand, EV push and global expansion drive rising brand value

Engine maker Horse plans India move to supply growing small car market: CEO

The ​firm ‌operates 18 plants and five research and development centres across Europe, China and Latin ‌America, most recently establishing a presence in the US

Stellantis India hits 50,000 vehicle milestone at TN manufacturing unit

Stellantis India marks the rollout of its 50,000th vehicle from the Thiruvallur plant, underlining India's role in global manufacturing, exports, and engineering excellence