Page 36 - Auto

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

Tesla rival VinFast plans to open India plant by end of June, says CEO

VinFast, the Nasdaq-listed global rival of American EV giant Tesla, had selected Thoothukudi in Tamil Nadu for its $2 billion facility

CARS24 acquires Team-BHP, aims to strengthen India's automotive community

CARS24's involvement is focused on strengthening Team-BHP's product, technology and AI capabilities to improve the experience of its readers and community members

'Carefully figuring out the right time to enter India': Tesla CFO

Tesla CFO Vaibhav Taneja said that 100% import tariffs create anxiety

Tractor sales in FY26 to hit record 975K units, ₹4K cr capex likely: Crisil

The emission norm of 'TREM V' is expected from April 1, 2026, pre-buying towards fiscal-end may also provide a fillip to volume, it added

Auto component firms bank on localisation, diversification amid tariff woes

With global trade uncertainties rising, Indian auto component manufacturers are focusing on localisation, diversification, and policy support to shield operations and tap fresh export opportunities

Auto exports rise 19% to over 5.3 mn units in FY25 on strong demand: Siam

With manufacturing quality improving, some companies have also commenced exporting to developed markets

Tesla owner files class-action suit over warranty-voiding odometers

A Tesla owner is suing the company, claiming odometers were altered to end warranties faster, and is seeking a class-action lawsuit for all affected drivers

Amid Gensol crisis, BluSmart says wallet refunds will take up to 90 days

Many users have voiced concerns about the lack of transparency regarding BluSmart's refund process. The development unfolds amid an ongoing investigation by Sebi into Gensol Engineering

Not just Ashneer Grover: BluSmart had Dhoni, Deepika Padukone as investors

A number of celebrities and high-profile investors, including MS Dhoni, Deepika Padukone, Sanjeev Bajaj, and Ashneer Grover, had backed the EV startup now under Sebi scrutiny

Skoda Auto India gears up for electric vehicle play with local push

Kylaq success fuels confidence as carmaker eyes exports, higher India mkt share

India's auto sector sees $1.5 billion in deals in Q1 2025 despite IPO lull

Mergers and acquisitions (M&A) continued to gain momentum, recording nine deals worth $359 million-marking the third straight quarter of growth

Commercial vehicle sales may touch 1 mn mark in FY26 after 7 yrs: Crisil

LCVs to account for 62% of volumes

Domestic CV volumes may touch 1 mn units mark this financial year: Crisil

The sector's credit outlook remains stable, supported by strong liquidity and healthy cash flows

PV sales up 2% in FY25 on utility vehicle demand, says industry group

Most segments clock growth, commercial vehicle numbers decline: SIAM

European car major Volkswagen may drive more global models into India

The brand's India strategy remains focused on selective participation in segments where it can use its global resources

Auto launches may jump-start Q4FY25 revenue, but margins could stall

Richer product mix to drive Ebitda growth; margins under pressure due to rising input costs, discounting, ad-spends

Nissan to launch 7-seater MPV in last quarter of FY26, 5-seater SUV in FY27

As part of its plans to reshape new products for the India business, Nissan had earlier announced the launch of the seven-seater B-MPV (multi-purpose vehicle) and two compact SUVs

Delhi's EV policy may add 20K jobs, boost ecosystem infra: Manjinder Sirsa

The policy also includes setting up battery collection centres and establishing a city-wide network of charging and swappable battery stations

NITI Aayog calls for reforms to treble auto parts exports in five years

The report envisions India advancing to approximately $145 billion in automotive component manufacturing by 2030