Page 2 - Auto

Volkswagen posts $6.5 billion loss as China slump, Porsche writedown bite

The results announced Thursday underline the challenges facing the company as it seeks to cut costs through a restructuring that could mean the loss of up to 100,000 jobs and the closure of four Germa

Maruti Suzuki India's EV exports cross 50,000 units since August 2025

The e VITARA accounted for nearly 93 per cent of India's electric passenger vehicle exports in April-September 2026, with Europe emerging as the automaker's largest export market

TVS Motor Q2 net profit surges 46% to ₹1,219 crore on robust sales

TVS Motor reported a 46 per cent rise in Q2FY27 consolidated net profit to Rs 1,219 crore, driven by record quarterly sales, strong export growth and a surge in electric two-wheeler volumes

Hyundai Motor India Q2 profit falls 23.9% as raw material costs rise

Hyundai Motor India's Q2FY27 net profit fell 23.9 per cent to Rs 1,196 crore as rising raw material costs and higher employee expenses offset an 18.5 per cent increase in revenue.

TVS Motor Company moves to unbundle mobility, consumer finance business

TVS Motor's board has approved the demerger of its consumer finance business into Harita ARC and the merger of TVS Motor Services with the parent company to unlock shareholder value

Bajaj Auto Q2 net profit rises 62% to ₹3,436 cr on exports, EV sales

Bajaj Auto's consolidated revenue rose 59% to Rs 25,125.56 crore in Q2 FY27, driven by a 41% increase in exports and strong growth in electric vehicle sales and volumes

Amazon expects India EV fleet to cross 20,000 vehicles over next year

Amazon plans to expand its electric vehicle fleet from over 15,000 currently, while partnering with Tata Motors to deploy 3,000 electric trucks and boost charging infrastructure

JLR begins local production of Defender 110, prices to drop by ₹34 lakh

The company said it expects up to a 20 per cent uptick in sales volumes following the move

Hyundai targets 250,000 mid-size SUV sales in 2027 on Creta, Bayon push

MD and CEO Tarun Garg said the target is a baseline rather than a ceiling, as Hyundai expects the Creta and Bayon to appeal to different sets of mid-size SUV buyers

Govt amends motor vehicle rules to allow flex-fuel vehicles running on E100

E100 fuel allows vehicles to run on nearly pure ethanol

Hyundai targets annual sales of 250,000 units from new Bayon, Creta

The mid-size utility vehicle segment, models between 4-4.4 meters in length, including SUVs and MPVs, sold around 900,000 units in the last financial year, as per the data from Siam

HDFC Bank launches flexible EV car loan with longer battery repayment

The Flexi Electric Car Loan offers separate financing for the vehicle body and battery, allowing customers to customise EMIs and repay the battery portion over a longer tenure

What is AEBS, the auto-braking system govt wants in all new cars from 2030?

AEBS is a key feature of Advanced Driver Assistance Systems (ADAS), a collection of more than 100 electronic technologies designed to improve road safety

Ultraviolette Automotive bets big on new models to drive global expansion

Ultraviolette Automotive plans to invest Rs 800 crore in a new Hosur facility, launch four products over the next year and expand exports to Europe, North America and Latin America.

Automakers urge Centre to defer BS-VII brake and tyre norms until 2035

Automakers want brake and tyre emission norms linked to supplier readiness, final limits and testing methods

Retail auto sales rise on high base this Navratri, but cars see 14% drop

FADA data shows overall vehicle sales rose 2% in the first nine days of Navratri, but passenger vehicle sales fell 14% as last year's GST-led demand surge created a high base

Stellantis India aims to halve vehicle development time, boost localisation

Stellantis India has a long-standing partnership with Tata Motors Passenger Vehicle for manufacturing through a joint venture

India's auto tech funding at $1.3 bn in 2026, unlikely to match 2025 levels

Auto tech firms raised $1.3 billion across 97 rounds in 2026, with Bengaluru accounting for nearly 70% of funding; Rapido, Simple Energy and Rideriver led the biggest deals

Car inventory levels lower this festival season amid rising demand

The gap between car wholesales and retail registrations narrowed 45% Y-o-Y in September, as strong festive demand kept dealer inventories lower than last year despite increased dispatches.

Renault CEO sees strong hybrids matching CNG's market share in India

Stephane Deblaise expects strong hybrids to gain ground as Renault expands its SUV portfolio, introduces new powertrains and targets double-digit annual sales growth