Page 3 - Auto

Electric PV and e2W sales rise on-year, dip sequentially in August

VinFast climbs to 4th, Hyundai's registrations more than double

Minda Corp targets ₹1,500 cr export, eyes growth in electric vehicles

The auto-component maker expects global growth to be led by instrument clusters, wiring harnesses, EV components and electronics as it increases four-wheeler penetration

Ather eyes 150-300cc electric motorcycle, launch likely in three years

The company was still working out the exact product and believes understanding what motorcycle buyers want is much more important than any technological challenges

Blended finance, leasing models needed to boost e-truck adoption: Gauba

Niti Aayog member Rajiv Gauba said high financing costs, fragmented logistics operations and lack of coordinated corridor planning were holding back e-truck adoption

Jaguar Land Rover to cut around 4,000 jobs globally in next two years

The company, a subsidiary of Tata Motors Passenger Vehicles Ltd, said it is targeting approximately euro 1.7 billion of savings over the next two years to reduce its break-evens towards 300,000 units

Maruti Suzuki to hike prices of select models by up to ₹20,000 in September

Maruti Suzuki's third price hike since May, follows similar moves by Tata Motors and comes amid sustained input-cost pressures and an elevated inflation burden

Auto retail sales hit record in Aug at 2.42 mn units, rise 18%: Fada

Passenger vehicles crossed 400,000 units in August for the first time, while CNG, hybrid and electric vehicles together overtook petrol in the PV fuel mix

TCI plans to grow coastal shipping capacity by 30-40% over 4-5 years

Logistics major plans to add new ships while replacing ageing vessels as it invests Rs 400-500 crore annually to expand its fleet and multimodal network through FY30

Aug truck rentals held firm across key trunk routes: Shriram Mobility

Rentals rose across all key routes year-on-year in August, while vehicle sales moderated sequentially and electric vehicle sales maintained strong annual growth

Auto component suppliers sit on ₹98,000 cr inventory, says report

The total sample size comprised 21 senior industry executives, with the data collection period from July to August 2026

Volkswagen board approves plan to cut 50K more jobs, close 4 German plants

Volkswagen's board approved a cost-cutting plan that will cut 100,000 jobs, halve its model lineup and end vehicle production at four German plants

Indian PV sector likely to grow by 10% in FY27: Maruti's Partho Banerjee

He added that the industry was currently averaging around 450,000 units a month in terms of volume sales

Goyal warns auto firms against nominal localisation, govt tracking data

Commerce minister says government will use company-wise import-export data and IEC numbers to assess genuine localisation and map automotive supply ecosystems

NIT Rourkela develops hybrid energy system to extend EV battery life

The patented system combines an EV battery with a supercapacitor to handle sudden power demand, reduce battery stress and improve operating life in low-voltage vehicles

Gadkari unveils ₹4,000 retrofit device to cut PM emissions by 90%

The road transport minister also urged automakers to offer discounts against scrappage certificates to accelerate fleet replacement and boost demand for new vehicles

Datanomics: Passenger car export volumes drop; 2W and 3W gain ground

Passenger car exports fell nearly 5% in April-July FY27, while two- and three-wheeler shipments jumped 34% and 50%, respectively

Expand footprint in developed markets: Goyal to auto component cos

Commerce minister asks industry to leverage trade agreements, build overseas manufacturing presence, move up the value chain and strengthen supply-chain resilience

Commercial vehicle sales pick up in August before festival season

Domestic dispatches rise 20-43% across major CV makers; M&HCVs lead growth as industry heads into festive period with stronger demand momentum

Auto industry must stay one step ahead of hackers, says Maruti CEO

Hisashi Takeuchi said automakers need stronger cybersecurity, robust contingency plans, deeper localisation and greater supplier resilience as digitalisation accelerates

VinFast steps up India localisation push, engages over 300 suppliers

EV maker plans India-specific models with higher local content; gets approval for Phase 2 expansion of its Thoothukudi plant under a $500 million investment plan