Page 31 - Auto

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

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

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

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

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

Festival season cheer on hold as auto buyers await GST relief and discounts

Festival offers are already running with benefits between ₹1.5 lakh and ₹2 lakh on some models

India's lubricant majors bet on EVs, digital infra to fuel future growth

Castrol India has identified electric vehicle fluids as a core growth pillar. Its Castrol ON range of coolants, transmission oils, and greases is already being used across Tata Motors' EV portfolio

'Fuel efficiency may decline by 2-5% due to 20% ethanol-blended petrol'

Earlier this month, the Oil Ministry clarified that the critiques suggest that E20 causes a drastic' reduction in fuel efficiency are misplaced

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Says that battery localisation remains a challenge

Auto firms split over GST rejig impact on car and two-wheeler sales

Maruti Suzuki India Chairman R C Bhargava said that GST on cars is currently 28 per cent, with a cess on larger cars pushing the total burden to 40-45 per cent

Datanomics: Range anxiety persists despite healthy EV charging on NHs

The penetration of four-wheeler EVs (e4W) in India stood at 2 per cent in 2024, lower than the global average of 18 per cent

E-challan backlog swells beyond courts: Digital technology adds to pile-up

Six years on, disposal machinery fails to catch up

GST tweaks may impact electric vehicle demand, near-term car sales

Move likely to benefit smaller cars which have been under pressure

PM's Diwali Dhamaka may come as GST cuts on small cars, insurance premiums

Centre mulls lowering GST on small cars to 18 per cent and slashing levies on health and life insurance

Siam makes a case for N1 commercial vehicles' inclusion in PM E-DRIVE

Their inclusion is vital for reducing carbon emissions, strengthening energy security, improving operational cost efficiency, and supporting small businesses

EVs set to dominate 2025 festive launches, rare-earth crunch a concern

India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts

Proposed GST rate tweaks on automobiles may end classification disputes

The total tax incidence on cars, depending on engine capacity and length, ranges from 29 per cent for small petrol cars to 50 per cent for SUVs

M&M shifts gear for global next-gen SUVs, expanding capacity and sites

Looks to acquire 350 acres in Igatpuri, ramp up Chakan capacity by 240K units by FY27

Electric scooter maker Ather looks to withhold claims under PM E-Drive

Under the scheme, the government offers companies ₹5,000 per vehicle if they meet the PMP requirements for PM E-Drive

Electric 2W firms gear up to ride out China's rare earth magnet squeeze

Leading Indian two-wheeler manufacturer Bajaj Auto, according to senior sources, has imported light rare earth magnets (also called heavy rare earth-free magnets) from China