Market to wrap up FY25 with 5-8% volume growth
The Telangana government has suggested three potential sites for the facility, all located near Hyderabad for the proposed BYD plant
The US is the biggest export destination for the European auto industry and in 2023, European automakers exported 56 billion euros worth of vehicles and parts to the US
Industry observers say the tariff impact on Indian auto sector would be minimal, though some impact could be seen on auto component industry
Trump announced imposition of 25% tariffs on auto imports from April with another 25% tariffs expected to be applied on imports of major automotive parts
US President Donald Trump announced a sweeping 25 per cent tariff on completely built vehicles (CBUs) and auto parts, a move set to take effect on April 3
Since the announcement of the scheme, about 4-5 consultations have so far taken place between MHI and stakeholders like original equipment manufacturers
The acquisition is undergoing European regulatory approval, expected to be completed within two to three months
The overall motor insurance premium stood at Rs 89,405.56 crore in the April-February period of FY25
Sumitomo holds 44% in SML Isuzu; current stake valued at Rs 1,100 cr; deal may happen at a discount to current trading price
Brazil's market-driven fuel pricing allows flexible fuel blending
Industry experts believe price hikes are influenced by multiple factors, including the rising costs of electronics, regulatory compliance requirements, and premiumisation trends
Secondhand-car market seeing strong growth in Bengaluru, Hyderabad, Pune
The initiatives of the department make significant contributions towards safety, skilling, outreach, research and advocacy requirements of the country in the eMobility sector
Maruti Suzuki India, which leads the domestic passenger car segment in the country, plans to hike prices of its entire model range by up to 4 per cent
India ranks 6th in Asia-Pac for the Italian super luxury carmaker
Maruti Suzuki, Hyundai, Tata Motors, Kia India and Honda Cars have all announced price hikes April 2025 onwards
The decision comes in response to the constantly increasing input costs that the company has been absorbing for a significant period
The minister said the government's policy is import substitute, cost-effectiveness, pollution-free and indigenous production
The 1MW charging system, which will launch in the next six months, allows for a 15-minute rapid charge, minimising downtime and enabling buses to operate with smaller, lighter batteries