Page 30 - Auto

Two-wheeler sales may cross pre-Covid levels in FY26 on export rebound

CareEdge sees 8-9% growth in FY26 as domestic recovery, exports, EV adoption, and affordability drive two-wheeler demand beyond pre-Covid highs

Free run to bumpy ride: Ola Electric faces challenges on road to future

Unlike services, Ola's foray into product manufacturing comes with a different set of expectations

AC norms bring chills to truck segment; to pinch pockets by up to 2%

Truck sales dipped in May 2025 as AC cabins became mandatory for all new medium and heavy vehicles, with OEMs backing the rule and fleet owners flagging cost and workforce concerns

Maruti, Hyundai eye robust growth in exports amid domestic challenges

Hyundai Motor India expects single-digit export growth this fiscal, while Maruti Suzuki is targeting a robust 20% rise in overseas shipments despite a challenging domestic market

Auto sales up 5% on rural demand boost, passenger vehicles disappoint

Car sales down 3% in May amid tensions with Pak

Maruti launches flexible EMI plan to upgrade small cars to Grand Vitara

The pilot scheme in three cities offers low EMI of around Rs 9,999 and guaranteed buyback after five years to make SUV ownership affordable and accessible for small car owners

Hero MotoCorp's domestic two-wheeler dispatches rise to 489K in May

The overall sales trend since May 2022 shows fluctuating monthly volumes, with repeated seasonal spikes around September and October in Hero's domestic wholesale sales

Govt targets at least 1,000 hydrogen trucks, buses on roads by 2030

After electric vehicles (EVs), hydrogen-powered cars have emerged as a viable alternative to conventional internal combustion engine vehicles to curb road transport emissions

Maruti Suzuki eyes 35% rail dispatch share by FY31: CEO Hisashi Takeuchi

Rail dispatches accounted for 24.3 per cent of the company's total vehicle dispatches in FY25, up from 21.5 per cent in FY24

Suzuki halts Swift production in Japan as China curbs rare earth exports

Swift production halt: Global auto supply chains are feeling the heat as China tightens rare earth mineral exports, disrupting production at Suzuki, Ford, BMW, and others

Dispatched 518K vehicles through Indian Railways in FY25: Maruti Suzuki

The automaker currently dispatches vehicles to more than 20 hubs through Indian Railways, from where over 600 cities across India are served

Classic Legends targets FY26 profitability with new launches, expansion

Classic Legends is betting big on product innovation, network expansion, and exports to achieve profit before tax (PBT)-level profitability by FY26, said a senior company executive

Yamaha rolls out 5 millionth bike from Chennai plant, marks 10 years

India Yamaha Motor's Chennai plant has completed 10 years of operations and produced its 5 millionth two-wheeler, playing a key role in exports and premium product strategy

India challenges 25% US auto tariffs at WTO, seeks safeguard consultations

India lodges a WTO complaint over steep US auto tariffs, citing safeguard violations and reserving its right to retaliate if talks fail

Tesla leases warehousing facility in Mumbai's Kurla West for five years

Tesla leases 24,565 sq ft facility in Kurla West for vehicle servicing, signalling expansion in India amid market launch preparations

Harrier.ev launched with 627-km range at ₹21.49 lakh; bookings start Jul 2

Tata Motors unveils the all-electric Harrier.ev, offering a 627-km range, rapid charging, AWD performance, and off-road capability; bookings begin nationwide on July 2

TVS Motor, Kadam Mobility partner to deploy 500 electric 3-wheelers by FY26

TVS Motor and Kadam Mobility have signed an MoU to deploy 500 electric three-wheelers across metro and Tier 1 cities, supporting clean public mobility and inclusive employment

Toyota Industries receives $33 billion buyout offer from group companies

The deal includes a tender offer for Toyota Industries shares at ¥16,300 each, 11% below its last closing price

Global majors keen to make electric cars in India; Elon Musk's Tesla quiet

The window for applications under the scheme will be open in the next one to two weeks

Car exports zoom even as domestic sales stall; Maruti eyes 50% share

Hyundai sees overseas demand rising