Page 3 - Auto

India's auto sector to commission ₹703 billion of projects by FY29: Report

A Brickwork Ratings report said the auto sector's revenue would grow at a compound annual growth rate of around 7.5 per cent to nearly ₹26 trillion over the coming years

Volkswagen nears sale of stake in its India unit to JSW Group: Report

The two sides are working toward a potential agreement in the coming weeks involving JSW making an investment in closely held Skoda Auto Volkswagen India Pvt

Maruti Suzuki to hike prices by up to ₹30,000 across models from August

The price revision, effective from August, 2026, comes as Maruti Suzuki looks to offset rising input costs, with the exact quantum of the increase differing across models

Commercial vehicle industry may post single-digit growth: Ashok Leyland

Ashok Leyland President MHCV, Sanjeev Kumar, said that diesel price hikes have had an impact on demand initially but have now stabilised

Q1 results preview: Higher costs may squeeze margin of auto companies

OEM revenue is expected to rise 22-29 per cent in Q1FY27, led by strong vehicle demand, exports and premiumisation, while higher input and freight costs are likely to squeeze margins

India invites applications for car import quota under India-UK trade pact

New Delhi has allowed the import of a total of 3.78 lakh units of conventional-engine passenger cars, including those in the mass segment, from UK at a concessional customs duty during first 15 yrs

Hyundai Motor crosses access to 30k EV charging points on its platform

The automaker said it plans to more than triple its proprietary DC fast public charging network from 183 stations to 600 by 2030

India wants to make EV batteries at home. Will cars get cheaper?

India wants to build the batteries that power electric vehicles, not just assemble them. But will that eventually make EVs cheaper? Here's what experts say

Strong H1 dispatches may propel passenger vehicles to record 2026

Robust utility vehicle demand, GST 2.0-led momentum and lower financing costs keep passenger vehicle dispatches strong, with industry expecting record sales in calendar 2026

MG unveils ADAPT platform, to launch EV and plug-in hybrid SUV during FY27

JSW MG Motor India says its new multi-powertrain ADAPT platform will underpin future new energy vehicles, with an electric SUV and a plug-in hybrid SUV slated for launch during FY27

Carmakers switch lanes to bring more software engineers on board

Trend leads to more women being employed on vehicle assembly lines

Govt releases draft CAFE 2027 norms, seeks stakeholder comments

Draft norms propose tighter fuel-efficiency targets from FY28 to FY32, compliance credits, super credits for cleaner vehicles and incentives for renewable fuels

Maruti to contest Raipur consumer court order over E20-compatible vehicle

Maruti Suzuki will challenge a Raipur consumer court order directing it to replace a customer's vehicle, saying the car was E20-compatible and the fuel was contaminated

Parivartan scheme guidelines cleared to replace ageing trucks, buses in NCR

The Rs 9,585-crore PARIVARTAN scheme offers tax concessions, interest subvention and other incentives to replace ageing commercial vehicles in the National Capital Region

JSW MG Motor cashing in on higher demand for EVs after West Asia war: MD

MD Anurag Mehrotra said that demand for new energy vehicles has accelerated following the West Asia conflict, with the company expecting NEVs to contribute up to 80 per cent of total sales this year

Auto industry posts record Q1 sales; festive demand seen lifting growth

India's automobile industry recorded its strongest-ever first quarter, with record sales across key segments, while SIAM expects festive demand and easier financing to sustain momentum

Govt explains E20 pricing, but transparency and tax relief remain unclear

The government explains E20 petrol pricing citing higher ethanol procurement cost, but motorists still lack a transparent price build-up, a cost-per-km comparison and a retail tax concession

Passenger vehicle dispatches hit record high in Q1 at 12,73,811 units: Siam

Passenger vehicle dispatches in the first quarter of last fiscal year stood at 10,11,884, Society of Indian Automobile Manufacturers (SIAM) said in a statement

Passenger vehicle dispatches rise 24.1% to 388,144 units in June: Siam

Passenger vehicle dispatches stood at 312,851 units in June 2025, Society of Indian Automobile Manufacturers (SIAM) said in a statement

Auto deal activity falls to 3-year low; capital flows to EV, mobility firms

India's automotive sector recorded $717 million worth of deals in the April-June quarter, with investors favouring fewer but larger transactions in EVs, mobility and automotive technology