Page 38 - Auto

Govt backs EV tariff cuts for Trump trade deal, defying autos lobby: Report

The automakers are lobbying Prime Minister Narendra Modi's government to delay any cut in EV tariffs until 2029, and then phase in a reduction to 30 per cent from as high as roughly 100 per cent

Car sales in India hit a speed bump in FY25; slow lane ahead in FY26

Moreover, domestic PV sales in March stood between 380,000 and 390,000 units compared to 368,016 units in the corresponding month last year

Electric vehicle sales rev up 17%, but fall short of 2 mn milestone

This growth comes despite a challenging first quarter following the expiration of FAME subsidies, among other challenges

BYD denies Hyderabad EV plant plans, calls investment reports 'untrue'

Chinese EV giant BYD dismissed the reports of investment in manufacturing plant in India as 'untrue' in an official statement posted on its WeChat account

Maruti Suzuki sales up 3% in Mar, Toyota Kirloskar posts record FY25 sales

For FY25 fiscal, the MSI reported a total sales of 22,34,266 units against 21,35,323 units in FY24

Renault, Nissan further loosen ties to support Japanese firm's turnaround

Nissan will also be released from its commitment to invest in Renault's electric vehicle unit Ampere, for which it had pledged 600 million euros

Auto-parts companies tap electronics as new growth avenue: Report

By 2030, electronics are expected to account for over 25 per cent of vehicle cost, analysts tracking the sector noted

Bajaj Auto e2Ws on full charge in FY25; Ola Electric's lead flickers

Ola Electric has attributed part of its struggle to an ongoing dispute with a vendor responsible for facilitating registrations, arguing that its actual sales figures are higher

Auto sales see 5% growth in FY25; industry seeks GST cut to drive demand

As of March 30, the total automobile sales for the financial year were seen at 25.9 million units, up from 24.6 million in FY24, and 22.3 million in FY23

TATA.ev drives into Mauritius market, expands international footprint

The automaker is set to introduce three electric models - Tiago.ev, Punch.ev, and Nexon.ev - in the Mauritius market

BYD plans EV manufacturing unit with Megha Engineering in Telangana

Location likely to be Shabad near Hyderabad; battery project also under consideration

How the auto component industry is gearing up for Trump's 25% tariffs

Indian auto component companies say fear the US could grant selective relaxations to certain countries which could adversely impact them

Auto street set for rough ride as Donald Trump tariffs spark worries

India calculating impact of 25% duty on cars, auto parts; firms see hit on margins

Three-wheeler market may keep chugging in FY26 with 6-8% sales growth

Market to wrap up FY25 with 5-8% volume growth

BYD to set up first India EV factory near Hyderabad, eyes 600K cars yearly

The Telangana government has suggested three potential sites for the facility, all located near Hyderabad for the proposed BYD plant

European automakers decry Trump's auto tariffs that will 'punish consumers'

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

Trump auto tariffs will hit India but it won't be a 'tsunami': Here's why

Industry observers say the tariff impact on Indian auto sector would be minimal, though some impact could be seen on auto component industry

Trump's tariff to impact Indian auto parts makers more than vehicle makers

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

Trump's auto tariffs to have minimal impact on India's auto sector: GTRI

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

Ease of imports, company-agnostic norms to be focus of scheme for EV cars

Since the announcement of the scheme, about 4-5 consultations have so far taken place between MHI and stakeholders like original equipment manufacturers