Page 32 - Auto

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

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