Page 31 - Auto
Ultraviolette revs up electric vehicle play with 2 launches in Paris
F77 MACH 2 and SuperStreet mark Ultraviolette's EU entry; India-based electric motorcycle maker eyes Germany, France, Italy and more in phase one
 "Ultraviolette revs up electric vehicle play with 2 launches in Paris")
Commuters feel pinch as bike-taxi firms halt ops after Karnataka HC order
Not just the customers, bike-taxi drivers are also left stranded as many depended on the service for their livelihood
 "Commuters feel pinch as bike-taxi firms halt ops after Karnataka HC order")
Bike taxi drivers in Bengaluru plead for relief as Karnataka ban begins
Workers urge lawmakers to regulate rather than shut down the sector as Karnataka's High Court decision enforces ban, hitting gig workers dependent on the service
 "Bike taxi drivers in Bengaluru plead for relief as Karnataka ban begins")
JLR trims FY26 margin forecast to 5%-7% as US tariffs cast shadow
JLR's EBIT margin forecast was also below its reported margin of 8.5 per cent for the previous fiscal year
 "JLR trims FY26 margin forecast to 5%-7% as US tariffs cast shadow")
Entry-level bikes vroom ahead on rural sentiment, rate cut push
Sub-125cc segment is 29% of motorcycle sales, 18% of two-wheeler volumes
 "Entry-level bikes vroom ahead on rural sentiment, rate cut push")
Mercedes-Benz sees surge in customisation; luxury EV sales up 66%
Mercedes-Benz India launches collector's AMG G 63 as demand for personalisation grows; luxury EV sales rise 66 per cent in Jan-May, driven by new-age preferences
 "Mercedes-Benz sees surge in customisation; luxury EV sales up 66%")
Car dealers sit on ₹52k cr stock as sales slow, inventories hit record high
The current unsold vehicle by volume - estimated at 440,000 units or 34-38 days of inventory - is only slightly below last year's Diwali peak of 40-45 days
 "Car dealers sit on ₹52k cr stock as sales slow, inventories hit record high")
No disruption in operations due to rare earth supply crisis: Maruti
Automaker says situation is 'uncertain and evolving' amid report that it has made e-Vitara production cuts
 "No disruption in operations due to rare earth supply crisis: Maruti")
India has 'no basis' to seek WTO consultations on auto tariffs, says US
India had challenged the 25% US tariffs on automobiles at the WTO, claiming they were safeguard measures, but Washington insists they fall outside the Safeguards Agreement
 "India has 'no basis' to seek WTO consultations on auto tariffs, says US")
Automakers gear up to roll out EVs without rare earth magnets by FY27
While companies remain tight-lipped about the development, most acknowledge that such a transition is essential to align with the rapid growth of the EV sector
 "Automakers gear up to roll out EVs without rare earth magnets by FY27")
Critical rare earth magnet importers look to invoke 'force majeure'
Since April 4, around 35 importers in India have either not received any shipment of the magnets or have not been granted the import licences by China
 "Critical rare earth magnet importers look to invoke 'force majeure'")
Maruti Suzuki cuts near-term EV production amid rare earths crisis
India's top carmaker, which said on Monday it had not seen any impact yet from the supply crisis, now plans to make about 8,200 e-Vitaras between April and September
 "Maruti Suzuki cuts near-term EV production amid rare earths crisis")
Auto sector faces slowdown due to rare earth magnet shortage: Crisil
Automakers may face production delays from July as rare earth magnet supply tightens following China's export curbs, with Crisil warning of disruptions in EV and hybrid output
Rare earth magnet disruption of over 30 days may hit vehicle output: Rpt
While most automakers currently have 4-6 weeks of inventory, prolonged delays could start affecting vehicle production, with EV models facing deferrals or rescheduling
 "Rare earth magnet disruption of over 30 days may hit vehicle output: Rpt")
Tafe, Agco Corp likely to settle tractor brand battle outside court
Tafe has given up directorship in Agco as part of deal
 "Tafe, Agco Corp likely to settle tractor brand battle outside court")
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
 "Two-wheeler sales may cross pre-Covid levels in FY26 on export rebound")
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
 "Free run to bumpy ride: Ola Electric faces challenges on road to future")
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
 "AC norms bring chills to truck segment; to pinch pockets by up to 2%")
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
 "Auto sales up 5% on rural demand boost, passenger vehicles disappoint")