Page 21 - Auto
Analysts see auto demand rebound in H2 FY26 on GST relief and rate cuts
Brokerages see repo and CRR rate cuts, along with a likely GST rate reduction as key triggers
 "Analysts see auto demand rebound in H2 FY26 on GST relief and rate cuts")
20% ethanol fuel cuts mileage but is safe, say automakers amid complaints
India set a 2025 target years ago for 20 per cent ethanol blending in fuel, called E20, as part of Prime Minister Narendra Modi's focus on clean energy
 "20% ethanol fuel cuts mileage but is safe, say automakers amid complaints")
Luxury carmakers urge clarity on GST rates to boost festive season sales
The high-powered GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on September 3-4 to discuss moving to a two-slab taxation
 "Luxury carmakers urge clarity on GST rates to boost festive season sales")
Carmakers assure warranty cover for older vehicles using E20 fuel
Automakers are in the process of informing dealers about E20 usage in older cars and related guidelines
 "Carmakers assure warranty cover for older vehicles using E20 fuel")
Maharashtra, UP lead auto sales across segments in Q1 FY26, shows SIAM data
Maharashtra and UP lead India's Q1FY26 automobile sales across passenger, two-wheeler, three-wheeler and CV segments, as per SIAM data
 "Maharashtra, UP lead auto sales across segments in Q1 FY26, shows SIAM data")
With 3,564 e-buses, Delhi leads green mobility; Maharashtra, K'taka follow
Odisha, with 450 such vehicles, is in the fifth position among all states in the adoption of electric buses
 "With 3,564 e-buses, Delhi leads green mobility; Maharashtra, K'taka follow")
Odisha 5th in green mobility in India, aims to expand e-bus fleet beyond 1K
According to data, 14,329 e-buses are currently in operation across India, of which Delhi has the highest number of vehicles at 3,564, followed by Maharashtra (3,296), Karnataka (2,236), and UP (850)
 "Odisha 5th in green mobility in India, aims to expand e-bus fleet beyond 1K")
Passenger vehicle sales likely to see modest growth of 1-4% in FY26: ICRA
ICRA expects India's passenger vehicle wholesale volumes to grow by 1-4% in FY26, limited by high inventory and a high base. However, possible GST rate cut is likely to provide some support to volumes
 "Passenger vehicle sales likely to see modest growth of 1-4% in FY26: ICRA")
India, Mexico top global auto investments in H1 2025 despite slump
India and Mexico attracted the most auto projects in H1 2025, though global investment value nearly halved, reflecting EV policy uncertainty and shifting supply chain strategies
 "India, Mexico top global auto investments in H1 2025 despite slump")
Auto part suppliers may take a detour from US market under two-tier tariff
The tariff imposed by the Donald Trump administration is expected to wipe out the Indian industry's $6.6 billion export market to the US
 "Auto part suppliers may take a detour from US market under two-tier tariff")
Auto body knocks on finmin door for faster GST reforms, compensation cess
M&M stops wholesale supply of high-ticket ICE vehicles on sales drop, fear of cess loss
 "Auto body knocks on finmin door for faster GST reforms, compensation cess")
Commercial vehicle volumes likely to grow 3-5% in FY26: Icra report
Domestic commercial vehicle wholesale volumes reported a moderate 6.1 per cent year-on-year increase in July 2025, even as volumes declined sequentially by 2.7 per cent
 "Commercial vehicle volumes likely to grow 3-5% in FY26: Icra report")
No challenge in using E20 fuel in E10-compliant cars: Renault India
Issuing clarifications on the queries raised by customers related to the use of E20 fuel in vehicles tested and certified for E10, the company said it conducted 'rigorous' durability tests
 "No challenge in using E20 fuel in E10-compliant cars: Renault India")
E20 rollout linked to wear and tear in 28% of older petrol vehicles: Survey
Over one-third of vehicle owners also report reduced mileage since E20 petrol introduction; many urge govt to consider optional, lower-priced sale
 "E20 rollout linked to wear and tear in 28% of older petrol vehicles: Survey")
PM Modi unveils Suzuki e-Vitara, stresses Swadeshi and reforms drive
PM Modi launched Suzuki's e-Vitara at Hansalpur, stressing Swadeshi, reforms, and manufacturing push, while urging states to focus on ease of business and global investment
 "PM Modi unveils Suzuki e-Vitara, stresses Swadeshi and reforms drive")
Auto and component exports slump on weak global demand, says ICRA
ICRA said India's auto and component exports are under pressure from weak global demand and US tariffs, while margins remain squeezed by lower realisations and higher input costs
 "Auto and component exports slump on weak global demand, says ICRA")
PM Modi flags off 'e-Vitara', first Battery Electric Vehicle, in Ahmedabad
The Made-in-India BEVs will be exported to more than a hundred countries, including advanced markets such as Europe and Japan
 "PM Modi flags off 'e-Vitara', first Battery Electric Vehicle, in Ahmedabad")
Electric vehicle spark fires up R&D spending by legacy two-wheeler majors
Hero MotoCorp and TVS Motor crossed Rs 1,000 crore in R&D spend for the first time, as legacy OEMs accelerate innovation to compete with new-age EV players
 "Electric vehicle spark fires up R&D spending by legacy two-wheeler majors")
Delhi on track to become EV capital with 8,000 e-buses by 2026: Minister
At present, the city has 3,400 electric buses, up from 400 when Singh took charge. The fleet is expected to grow to 6,000 by the end of this year, Transport Minister said
 "Delhi on track to become EV capital with 8,000 e-buses by 2026: Minister")
Domestic two-wheeler segment to see 6-9% volume growth in FY26: Icra
The growth is likely to be supported by steady replacement demand, recovery in urban consumption, healthy rural incomes aided by a normal monsoon
 "Domestic two-wheeler segment to see 6-9% volume growth in FY26: Icra")