Page 31 - Auto

Two-wheeler majors bounce back with strong double-digit growth in May

Analysts estimate a 4 to 7 per cent rise in FY26, driven by product innovation, supportive policy frameworks, and increasing mobility needs in emerging markets

Govt cuts EV import tax for firms investing in local manufacturing

The application window for new government scheme will likely open within the next few weeks and will remain open for a minimum of 120 days

Maruti Suzuki seeks govt help to revive small car demand in India

The company also said that it was not seeing an immediate impact from China's restrictions on rare earth magnets exports

Govt to open EV making policy with duty cuts to lure global manufacturers

The policy offers to slash duty to 15 per cent on any imported electric car priced from $35,000 if they invest at least ₹4,150 crore, or about $500 million, to set up a local plant within three years

Maruti Suzuki May sales up 3% at 180,077 units; dip in mini car segment

Total domestic passenger vehicle dispatches to dealers stood at 1,35,962 units last month as compared with 1,44,002 units in the year-ago period, a dip of 6 per cent, MSI stated

Passenger vehicle sales remain flat, wholesale numbers up marginally in May

Auto sales in May 2025: M&M wholesale numbers up 21%, Tata Motors posted an 11% dip in wholesale numbers

EV makers Tata Motors, Mahindra seek to block hybrids in govt fleets

Tata, Mahindra, JSW MG Motor, Hyundai , Kia Corp and the ministry of heavy industries did not respond to requests for comment

Chennai to become Hyundai's largest export hub outside South Korea

Marking 25 years of exports from India, Hyundai targets 7-8% export growth in FY26 as demand from emerging markets rises and Chennai Port expands facilities

Terra Motors launches electric auto to boost presence in L5-EV segment

Terra Motors India Managing Director Go Suzuki said the company aims to garner around 5-8 per cent market share in the segment which sees sales of around 1.5-1.6 lakh units per annum

India core to global automakers' plans, but EV adoption still slow: Moody's

Moody's sees India's car sales growing at Asia's fastest rate, but says EV transition faces challenges due to limited infrastructure and cost pressures

Volvo Cars to cut 3,000 jobs amid EV slump, high costs and tariff woes

In the first quarter, the auto maker had 43,500 full-time employees and 3,000 staffing agency personnel, according to its earnings report

Japan's troubled automaker Nissan banks on hybrid e-power technology

To achieve a turnaround, Nissan is working on reducing costs, strengthening business partnerships and redefining its lineup. That's where e-Power fits in, according to Akashi

Govt may offer spare e-buses under PM E-DRIVE for religious tourism

This consideration follows the allocation of 10,900 e-buses to five cities: Delhi, Bengaluru, Hyderabad, Ahmedabad, and Surat

More limited-edition trims to debut in Indian mkt: Range Rover MD Limpert

The brand is looking at enhancing its presence as it anticipates growth in the Indian market with the number of high-net-worth individuals expected to rise at a fast clip by the end of this decade

India's auto duty offer under UK FTA linked to engine, vehicle price quotas

India's nuanced auto duty offer to UK under the FTA includes quotas and tiered reductions based on engine capacity and vehicle prices, aiming to protect sensitive domestic sectors

BMW India Guarantees Price Protection for UK-Imported MINI Cooper S

BMW Group India will pass on the benefits of any price reduction in the near future on MINI 3-Door Cooper S model

India's car-centric growth is driving the middle class to frustration

At 6 million-plus kilometers (4 million miles), India's road network is now the second largest in the world after the US, according to official data from New Delhi.

Honda to expand bike output in India with new line at Gujarat plant

The new fourth line at HMSI's Vithalapur facility will add 650,000 units of capacity by 2027, making it Honda's largest motorcycle plant globally

3 upcoming Toyota cars launching in 2025-26 in India, details inside

Toyota plans to introduce 3 new SUVs, including hybrid and electric models, in India in 2025-2026. Toyota is now making a strong comeback with the Fortuner, Urban Cruiser, and Hyryder

Strong hybrids and BEVs cater to distinct buyers, says HSBC report

HSBC report says BEVs and strong hybrids are not cannibalising sales in states with dual incentives; both segments are growing independently with new launches