Page 2 - Auto

Datanomics: Auto components, telecom parts drive India exports to Mexico

The move is seen as a way to protect Mexico's domestic industry

Mercedes-Benz India to hike prices by up to 2%, effective January 1

The company said the euro-INR exchange rate has stayed above the Rs 100 mark through 2025, well above historical averages, significantly raising its cost base

Mexico's new import duties put pressure on auto component exporters: ACMA

Mexico's Senate approved the new tariff measure on December 11, 2025, and it has since been cleared by both chambers of Congress

Mercedes to hike prices from Jan to offset weak rupee impact against euro

Rise in input costs, commodity prices, and increased logistical expenses, in combination with inflationary pressures, have been creating significant pressure on the company's bottom line

UP's electric vehicle tax review sparks fresh jitters among automakers

Uttar Pradesh is the second-largest car market in India by volume, but when it comes to EV sales, the state currently ranks eighth

BMW may hike prices in Jan to offset impact of weak rupee against euro: CEO

CEO Brar noted that the company was not considering raising prices with the new GST rates coming into effect, but the weakening of the rupee has put a lot of pressure on the profitability

Mexico's steep tariff hike to hit $1 billion in Indian auto exports

The import duty on cars will rise to 50 per cent from 20 per cent, dealing a significant blow to India's largest vehicle exporters to Mexico including Volkswagen, Hyundai, Nissan and Maruti Suzuki

As rupee wobbles and costs surge, car firms gear up for new-year price rise

forex pressures, rising commodity prices, rural demand uncertainty to push prices up

NBFC vehicle-loan AUM to grow 16-17%, reach ₹11 trillion by FY27: Crisil

NBFCs' vehicle-loan AUM is seen growing 16-17 per cent annually through FY26-FY27 to Rs 11 trillion by March 31, 2027, with used-vehicle loans expected to outpace new loans, Crisil Ratings said

Kia unveils all-new Seltos in Hyderabad, bookings to open on December 11

Gwanggu Lee, Managing Director & CEO of Kia India, said the new Seltos represents more than a generational upgrade

Ashok Leyland launches high-efficiency P15 and H4 engines at EXCON 2025

The new engine rangeP15 (49 and 55 HP) and H4 Unipack (55 and 74 HP), is manufactured at the company's facilities and aligned with global quality standards

AI investment in auto industry may collapse by 2029, warns report

A new Gartner report has predicted that by 2029, only 5 per cent of automakers will maintain strong AI investment growth, starkly less than the 95 per cent currently engaged

Ford to use Renault tech, plants for affordable European EVs to beat China

Given the withdrawal of EV support from US President Donald Trump's administration, the No. 2 US automaker faces the dual expense of investing in combustion-engine models

GST 2.0 tilts scales towards ICE; electric vehicle penetration softens

Electric car sales grew by 63% YoY in November; but penetration fell to 3.7% below the pre-GST rate cut level of 5%

PV retail sales up 20% in November, inventory down to 44-46 days: Fada

Besides GST benefits, the jump was aided by the marriage season, better supply of high-waiting models, and sustained push from compact sport utility vehicles

Past gets a second drive as Indian carmakers revive legacy nameplates

Indian automakers are reviving legacy nameplates to leverage brand recall and stand out in a crowded market, as classic badges like Sierra, Safari, Baleno and Scorpio return to attract buyers

Auto industry weighed down by forex pressure as rupee depreciates

With the rupee weakening against the euro and dollar, luxury and mass-market automakers are preparing steep price hikes as rising import and semiconductor costs squeeze margins

After E20, India should now focus on flex fuel: Toyota country head

Toyota's India head says the country should now push flex-fuel vehicles, calling for lower taxes and pricing support as E20 stabilises and higher blends prove impractical for legacy fleets

India e-2W registrations cross 1.18 million; TVS leads, Ola slips in Nov

India's electric two-wheeler market grew 10% in January-November 2025 to 1.18 million registrations. TVS and Bajaj led, while Ola fell sharply in November, Vahan data shows

Domestic PV wholesales rose 21% in November, fuelled by GST cuts

Banerjee said that the wholesales in December are also expected to be good as the production team is working overtime to satisfy the high demand