Page 6 - Auto

ARAI drops two-rate foreign exchange proposal after industry pushback

ARAI has dropped its two-rate forex proposal for FY27 DVA calculations under the auto PLI scheme after automakers flagged audit, compliance and paperwork concerns

Hero MotoCorp plans ₹3,200 crore Andhra expansion, eyes Tirupati EV hub

The two-wheeler maker will invest Rs 3,200 crore in Andhra Pradesh over the next three to five years, with Tirupati emerging as a key manufacturing, electric mobility and parts hub

Delhi's EV transition by the numbers: A look at the capital's vehicle fleet

While ICE vehicles dominate Delhi's overall vehicle fleet, new registrations indicate that the transition to electric mobility has already begun.

Honda Motorcycle posts 23% rise in sales to 528,281 units in June

Domestic sales stood at 468,000 units during the previous month, registering a year-on-year growth of 21 per cent at 468,956 vehicles from 388,812 units in June 2025

Toyota Kirloskar Motor reports 7% rise in sales at 31,016 units in June

Domestic sales stood at 28,441 units, registering an 8 per cent rise compared to 26,453 units sold during June 2025, the auto-maker said

Hero MotoCorp dispatches fall 2.3% to 541, 159 units in June, exports rise

Domestic sales were down at 5,02,890 units last month as against 5,25,136 units in the year-ago period, Hero MotoCorp said in a regulatory filing

Delhi EV policy comes into effect: What it covers and what it does not

Delhi's new EV policy aims to attract ₹15,000 crore in investment over four years and accelerate the shift to cleaner transport, with the goal of reducing vehicle pollution by 2030

JSW MG Motor India wholesale sales rise 30% to 7,568 units in June

Electric vehicles continued to drive the growth, contributing over 75 per cent of the company's total sales in June 2026, JSW MG Motor India said in a statement

Maruti Suzuki India reports 19.3% rise in sales to 200,390 units in June

Total domestic passenger vehicle sales were at 147,187 units last month as compared to 118,906 units in June 2025, a growth of 23.8 per cent

Hyundai Motor reports June sales of 51,335 units despite supply disruption

This includes domestic sales of 39,635 units and exports of 11,700 units, HMIL said in a regulatory filing

Ashok Leyland introduces India's first air suspension range of trucks

These trucks mark another step forward in Ashok Leyland's commitment towards bringing innovative solutions to the commercial vehicle industry

M&M total sales jumps 37% to 106,207 units in June on strong demand

The company's domestic SUV sales rose 28 per cent year-on-year to 60,393 units during the month from 47,306 units in June 2025, M&M said in a statement

West Asia conflict accelerated EV adoption in India: Tata Motors MD

The company said the conflict has shifted consumer demand for electric vehicles from a "push" to a "pull" market, while expecting EV penetration to reach 7-8 per cent this fiscal

66% of pre-2023 petrol vehicle owners report over 10% mileage drop: Survey

Compared with May 2026, the share of respondents reporting a mileage decline of more than 10 per cent increased by 21 percentage points within a month, representing a 47 per cent jump

Home charging fulfills 90% of India's EV energy demand, finds study

India's EV transition is being driven by light electric vehicles (LEVs), with two- and three-wheelers accounting for about 90 per cent of EV sales in 2025

Ford to recall over 741,000 US vehicles due to park system issue: NHTSA

The recall covers several Ford and Lincoln models and addresses a transmission defect that could increase the risk of vehicles rolling away

Delhi sets countdown for ICE 2W, 3W phaseout; new EV policy from July 1

Fresh registrations to stop over the next 2 years under new EV policy

Maruti partners five startups for AI, battery recycling solutions

The startups will work on end-of-life lithium-ion battery recycling, procurement automation, multilingual customer engagement, brand visibility and software development

Bajaj Auto's ₹5,632.8 crore share buyback to kick off from July 1

The company will repurchase up to 4.694 million equity shares at ₹12,000 apiece through a buyback programme worth up to ₹5,632.8 crore, with the offer remaining open until July 7

Electric 2-wheelers make a mark in June, cross 10% market penetration

Electric two-wheelers crossed 10% of monthly registrations for the first time in June as rising adoption and new electric motorcycle launches gather pace