Page 3 - Auto

Oben Electric targets threefold revenue growth in FY27: CEO Agrawal

EV maker eyes sharp growth in revenue and volumes, backed by expanded production, retail network, and rising demand amid concerns over fuel price volatility

Renault moves NCLT to restructure India ops, eyes €2 bn exports by 2030

French automaker moves tribunal to streamline India structure, boost exports to €2 billion annually by 2030, and strengthen the country's role as a key manufacturing hub

Oben Electric eyes 3x sales growth on new launches, network expansion: CEO

With the major population riding motorcycles, the strategy is to deepen the presence, Founder & CEO, Madhumita Agrawalsaid

Hero MotoCorp partners Quilmotors as exclusive distributor in Ecuador

Quilmotors will be responsible for assembly operations, network development, sales, after-sales service and spare parts distribution

Asia-Oceania emerging auto industry's centre of gravity: Shailesh Chandra

Asia-Oceania leads global vehicle growth and demand, consolidating its role as both manufacturing hub and consumption market, amid uneven recovery across Europe and the Americas

India-New Zealand FTA to boost auto exports, spur EV investments

Industry stakeholders believe the move could provide a meaningful boost to India's auto exports, particularly at a time when companies are looking to diversify markets and scale global operations

Toyota Motor sales fall for second month in March on West Asia slump

Global sales shrank 7.3 per cent from the same month a year earlier to 897,871 vehicles, with overseas sales down 7.2 per cent and those in Japan falling 7.8 per cent

India EV sales double, mid-market surges as entry segment shrinks

EV volumes rise 87 per cent in FY26, with ₹20-30 lakh segment gaining share while entry-level adoption weakens due to affordability and product gaps

Mahindra ranks 25th in top 100 valuable global auto brands: Report

Eight Indian auto brands feature in global top 100, with Mahindra leading at 25th as strong SUV demand, EV push and global expansion drive rising brand value

Engine maker Horse plans India move to supply growing small car market: CEO

The ​firm ‌operates 18 plants and five research and development centres across Europe, China and Latin ‌America, most recently establishing a presence in the US

Stellantis India hits 50,000 vehicle milestone at TN manufacturing unit

Stellantis India marks the rollout of its 50,000th vehicle from the Thiruvallur plant, underlining India's role in global manufacturing, exports, and engineering excellence

JSW Motors, Tata Elxsi to set up hub to drive next-gen mobility solutions

Tata Elxsi will lead the implementation of the connected vehicle platform and unified customer experience app for JSW Motors' upcoming vehicle programs, in partnership with a broader ecosystem

Tesla to expand supercharging network across major Indian cities: Official

The company, which made its much-awaited entry into India is intensifying charging network expansion to address range anxiety of customers

By 2030, India will become our largest mkt in passenger volumes: Flix exec

Flix expects India to become its largest market by 2030, driven by rising demand and rapid network expansion, though access to bus terminal infrastructure remains a key constraint

Maruti Suzuki sees record production of 2.34 million units in FY26

The company has also become the only firm among Suzuki Motor Corporation's global automobile manufacturing facilities, to achieve this landmark volume

Electric vehicle maker Tesla launches six-seater Model Y L variant in India

The new variant, called the Model Y L, features an extended wheelbase and is priced at ₹62 lakh ($66,324.35), according to the company website

Maruti Suzuki fast-tracks production to clear backlog of 200K orders

R C Bhargava, Maruti Suzuki chairman, said production was likely to hit 500,000 cars in FY27

Maruti Suzuki retires Ignis; supply woes hit S-Presso and WagonR

Maruti Suzuki phases out Ignis amid weak demand, even as strong bookings and production constraints lead to supply shortages in Wagon R and S-Presso models

Hyundai, TVS finalise plans to co-develop electric three-wheelers in India

Partnership aims to develop electric three-wheelers tailored for India's last-mile mobility needs, combining Hyundai's design expertise with TVS Motor's local manufacturing strength

'BMW plans to double MINI sales in India in 2026, widen product portfolio'

The locally produced MINI Countryman is planned to be launched in the middle of the year and is "a pivotal enabler to scale volumes and improve accessibility