Page 2 - Auto

Auto component sector margins to moderate amid West Asia conflict: Crisil

Operating margins of auto component makers are expected to decline by up to 150 basis points this fiscal year as higher raw material and freight costs weigh on profitability, according to Crisil

Tata Motors planning to license China's Chery for premium EV push

India's biggest electric carmaker, will use Chery's platform to locally build EVs under ​its premium Avinya brand with plans ‌for at least two ​cars, ‌the first of which will ‌be launched in 2027

Two-wheeler makers post strong May sales on resilient domestic demand

Inventory replenishment, resilient demand for premium models and stronger exports helped India's leading two-wheeler manufacturers record healthy growth in May

Odisha caps official EV costs, weighs centralised vehicle management policy

The state has fixed procurement ceilings for official electric vehicles and is considering a centralised system to manage contractual vehicles and accelerate fleet electrification

Hero MotoCorp sales increase 12% to 570k units in May on strong demand

The world's largest manufacturer of motorcycles and scooters stated that the domestic retail momentum also remained robust during the month, with over 496,000 registrations, except for Telangana

Vietnam's Vingroup to enter India's ride-hailing market with EV fleet

The Vietnamese company's entry also comes over a year after India's homegrown electric ride-hailing startup BluSmart suspended operations in the country

The 30 GWh road map: JSW locks in $1.3 billion Li-ion cell plant plan

JSW Group plans a 30 GWh lithium-ion cell plant with a joint venture partner, investing over $1.3 billion to localise battery production for its new energy vehicle business

Mobis India fire: Hyundai Motor, Kia production may be hit briefly

A fire at Mobis India's Chennai-area facility may disrupt Hyundai and Kia production for at least a week, prompting efforts to source components from South Korea

West Asia conflict fails to slow passenger vehicle sales; up 25% in May

Maruti Suzuki India (MSIL), India's largest carmaker, saw its domestic sales grow 40 per cent Y-o-Y to 190,337 units

TVS Motor sales rise 31% to 567K units in May, hits record monthly high

The two-wheeler sales registered 31 per cent growth at 5,43,111 units last month, as against 4,16,166 units in May 2025

Toyota Kirloskar Motor's total sales up 7% at 33,128 units in May

Exports grew 61 per cent at 2,554 units in May 2026 as compared to 1,584 units in the same month last year

Hyundai Motor India domestic sales rise 9.1% to 47,837 units in May

With exports of 13,300 units, HMIL's total monthly sales stood at 61,137 units last month, marking a 4.1 per cent year-on-year growth

Major fire at Hyundai Mobis facility may hit Hyundai, Kia production

A fire at Hyundai Mobis' Sriperumbudur facility near Chennai could disrupt supplies to Hyundai Motor India and Kia India, affecting production in the coming weeks

Fuel price rise drives spike in electric vehicle penetration in May

Rising fuel prices and the Strait of Hormuz disruption push EV adoption higher, with electric two-wheeler penetration crossing 9% in May

Luxury sedans hold ground in SUV era as premium buyers stay loyal

Nearly three in 10 luxury vehicles sold in India are sedans, with Audi, BMW and Mercedes-Benz each deriving about 40 per cent of India sales from the body style

Red tape redux: Automakers see red as PLI scheme paperwork multiplies

Automakers flag new export certification rules under the PLI scheme, saying added compliance burdens risk undermining ease-of-doing-business goals

Mercedes-Benz risks US ban under bill targeting China-linked automakers

The legislative provision effectively bans companies from the US based on certain thresholds, such as whether they are more than 15 per cent owned by a foreign entity

Govt explores commercial vehicle driver rating index for skill assessment

The government is exploring a driver rating system and new EV trucking frameworks to improve logistics efficiency and road safety

Tesla expands offering in India, launches Model Y variant at ₹50.89 lakh

The introduction of Model Y Premium rear-wheel drive in India follows the launch of the company's second model, a three-row six-seater SUV Model YL priced at ₹61.99 lakh last month

EV bookings jump 2.5x since West Asia conflict: TaMo MD Shailesh Chandra

Higher ethanol blending beyond E20 may reduce fuel efficiency, increase component wear, he added