Page 21 - Auto

Proposed GST rate tweaks on automobiles may end classification disputes

The total tax incidence on cars, depending on engine capacity and length, ranges from 29 per cent for small petrol cars to 50 per cent for SUVs

M&M shifts gear for global next-gen SUVs, expanding capacity and sites

Looks to acquire 350 acres in Igatpuri, ramp up Chakan capacity by 240K units by FY27

Electric scooter maker Ather looks to withhold claims under PM E-Drive

Under the scheme, the government offers companies ₹5,000 per vehicle if they meet the PMP requirements for PM E-Drive

Electric 2W firms gear up to ride out China's rare earth magnet squeeze

Leading Indian two-wheeler manufacturer Bajaj Auto, according to senior sources, has imported light rare earth magnets (also called heavy rare earth-free magnets) from China

Ola Electric targets global market with ₹5 lakh Diamondhead EV motorcycle

Ola Electric unveils the Diamondhead EV motorcycle with a Rs 500,000 price tag, aiming for global market expansion, while integrating a homegrown 4680 battery into key scooter and motorcycle models

Passenger vehicle despatches in reverse gear for 3rd straight month in July

PV production in July was nearly unchanged at 398,071 units (up 0.1 per cent), indicating that original equipment manufacturer despatches are being calibrated to retail demand

Passenger vehicle sales decline marginally in July on muted demand: Siam

All vehicle segments posted stable performance in July 2025, though overall sentiments in the passenger vehicles segment have remained subdued

OSM to invest $25 million in EV assembly plant in Jafza over 5 years

Spanning over 42,000 sq ft, first Jafza plant will assemble company's range of electric two-and three-wheelers as well as handle storage and distribution of auto components and spare parts, OSM said

Ola Electric likely to unveil sports scooter segment at I-Day event

In the run-up to its annual 'Sankalp' event, the company on Wednesday dropped a teaser on what looks like a sportier version of its scooter line-up

Mahindra plans to export EVs to UK with trade agreement in place

The Mumbai-based auto major is a leading player in the electric vehicle segment in the domestic market and expects EVs to comprise 30 per cent of its overall sales by 2030

Maruti Suzuki India bets on SUVs to offset small car sales slowdown

Indian unit of Japan's Suzuki Motor Corp plans to launch a new SUV on Sept 3 and hopes it will double its sales in the segment

Bulk of Mercedes cars on road E20-compliant: MD & CEO Santosh Iyer

Iyer was talking to reporters on Tuesday night after launching the Mercedes-AMG CLE 53 4MATIC+ Coupe -- a high-performance, two-door luxury model -- in India

M&M expands capacity at South African plant as US tariffs hit auto sector

Sluggish growth in the continent's most-industrialized nation has led South Africans to demand more economical cars

Ultraviolette raises $21 million in funding round led by TDK Ventures

The partnership with TDK Ventures represents a pivotal step in Ultraviolette's mission to develop and scale globally competitive performance-oriented EVs

Brazil, Poland, Africa may offer export opportunities for auto parts makers

Indian manufacturers can significantly expand their exports, particularly in the independent aftermarket segment amid US tariffs, says EY report

Festive discounts remain high as carmakers rush to clear inventory

With Rakshabandhan and Ganesh Chaturthi falling during the month, the discounts are almost at a similar level as compared to last year

Electric two-wheeler manufacturing loses charge amid rare earth shortage

Industry racing to fast-track magnet-free designs, diversifying sourcing

Lack of EV charging infra leading to range anxiety among customers: Maruti

Maruti Suzuki's Partho Banerjee states that the lack of sufficient charging infrastructure keeps electric vehicles from becoming primary cars. He also discusses the growth of SUVs and challenges with

PM E-DRIVE subsidy scheme extended for 2 years for certain segments

Govt extends EV subsidy scheme for e-trucks, buses, ambulances and charging infra till March 2028; support for e-2Ws, e-rickshaws and e-3Ws to end by March 2026

EV car sales nearly double in July; two-wheeler demand slips: FADA data

Passenger EV sales surged 93% YoY in July 2025, even as electric two-wheeler volumes fell 4.3% due to production cuts and soft demand, FADA data showed