Page 35 - Auto

Two-wheeler sales off to choppy start; top players see double-digit fall

Domestic sales of Bajaj Auto, HMSI, and Hero MotoCorp, which together have more than a 65 per cent market share, dropped in double digits

Hyundai Creta remains most sold car for the second straight month

Maruti Wagon R slipped from the top 5 list, after achieving the second and fourth positions in February and March, respectively

Why US cars can't crack Japan's market - despite Trump's trade push

While Japanese brands dominate American highways, with Toyota alone selling more than 2.3 million vehicles in the US last year, American carmakers barely register in Japan's auto market

Hero MotoCorp dispatches dip 43% in April, hit by production pause

Domestic sales declined to 288,524 units last month, down from 5,13,296 units in April last year

Domestic PV wholesales rose by 4.4% to around 353,000 units in April

Mahindra & Mahindra (M&M) emerged as the second-largest carmaker in terms of domestic PV wholesales in the month, overtaking Hyundai and Tata Motors, which had ranked ahead of it in March

TVS Motor reports 16% sales growth in April, two-wheelers see 15% rise

Total two-wheelers registered a growth of 15 per cent in sales increasing from 3,74,592 units in April 2024 to 4,30,330 units in April 2025, the company said in a statement

Tata Motors sales down 6% at 72,753 units, Kia India sees 18% rise in April

Tata Motors' sale of PVs, including EVs, in the domestic market were down 6 per cent at 45,199 units against 47,883 units in the corresponding month last year

Early EV adopters pull ahead in sales; post twice the sales of latecomers

In FY25 alone, India recorded 1.96 million EV sales, with a penetration rate of 7 per cent, says Gagan Sidhu

Maruti Suzuki gears up for SUV showdown with upcoming 7-seater Grand Vitara

In FY26, Maruti Suzuki India plans to introduce 2 new sports SUVS. The e-Vitara battery electric vehicle (BEV) will be the first, and 2nd will be a 7-seater. Sales in India will begin in Sept 2025

New Maharashtra EV policy aims to strengthen charging infrastructure

With outlay of ₹1,995 cr, state is targeting 30% EV registrations by 2030

US tariff jitters: Auto part exporters may take a Rs 4,500 crore hit

Exporters with manufacturing operations within the US would also be partly insulated from the new tariffs

Auto part makers may lose Rs 4.5K crore due to trade tariffs: Icra

The steep increase in import tariffs imposed recently by the US is estimated to burden the entire supply chain with an incremental cost of around Rs 9,000 crore

PV industry to hit record 5 mn domestic, export units in FY26: Crisil

However, penetration of electric vehicles (EVs) is seen at a moderate 3-3.5 per cent despite new launches

PM E-DRIVE scheme: Centre targets 5-day turnaround for EV subsidy claims

Under the PM E-Drive initiative, MHI offers a subsidy of Rs 5,000 per kWh of battery capacity for e2Ws, capped at Rs 10,000 per vehicle for FY25

Toyota chairman proposes record buyout of its supplier at $42 bn valuation

The proposal values Toyota Industries at ¥6 trillion ($42 billion), about 40% above its market cap as of Friday's close, reflecting its role in textiles and auto parts

Tesla refunds early India bookings for Model 3 signaling entry is near

The Elon Musk-led car maker is refunding the years-old bookings since the older generation of the Model 3 is being discontinued

Centre plans to procure 14,028 electric buses in multiple tranches

The Centre has received a demand of 15,400 e-buses from four states (Gujarat, Telangana, Karnataka and Delhi,) of total 7, including around 2,500 from Delhi

India's PV volume to cruise past 5 million in FY26 despite slow growth

As volume growth slows, original equipment manufacturers (OEMs) will rely on premiumisation and better product mix to protect margins

EV car policy may be tweaked based on free trade agreement outcomes

The Centre notified SMEC in March last year to turn India into a hub of electric vehicle (EV) manufacturing

Delhi may curb gasoline car sales, ban gas-guzzling bikes to cut pollution

The measures represent one of the most drastic steps the city has lined up to tackle pollution