Page 8 - Auto

Lack of PLI forcing us to delay launches, says Ather CEO Tarun Mehta

Ather Energy is now the third-largest e-scooter maker by volume and No. 1 by revenue, but warns that the PLI policy's exclusions are delaying launches and hurting innovation, says Mehta

Festivals, GST rate rejig spur October passenger vehicle dispatches

SIAM data shows strong festive demand and GST rationalisation pushed India's PV wholesales up 17.2 per cent in October, with UVs, small cars and two-wheelers also recording robust year-on-year growth

Festive demand, GST cuts push October PVs, 2-wheeler dispatch records: SIAM

Total passenger vehicle wholesales in October rose to 4,60,739 units, an increase of 17 per cent compared with 3,93,238 units in October last year

India's used car mkt hits 5.9 mn units as SUVs, premium models fuel growth

India's pre-owned car market is expanding fast as buyers prioritise SUVs, safer models, trusted brands, and certified dealers - signalling a shift from affordability to aspiration in FY25

High time to revisit the Electric Vehicles policy of 2020: SC to Centre

The apex court was hearing a PIL, which was initially filed in 2019 by Centre for Public Interest Litigation, Common Cause, and SitaRam Jindal Foundation

Hitting a speed bump: Carmakers raise concerns over EV scheme rules

Trade talks, high investment, and localisation targets deter participation

Festival cheer, tax cuts fuelled strong commercial vehicle recovery in Oct

India's commercial vehicle market logged its best post-pandemic retail growth in over two years as GST cuts, freight recovery, and festive buying lifted demand across segments

No consensus on CAFE relief, Siam tells Bureau of Energy Efficiency

Says 3-4 carmakers backed proposed exemption, 14-15 opposed

E-scooter maker Ather Energy narrows losses in Q2 as revenue rises 57%

Ather's net loss for the quarter stood at ₹154 crore, narrowing from ₹197 crore in the same period last year

VinFast slightly outsells Tesla in close fight during festival season

Vinfast sold 137 cars versus Tesla's 109 during the festive months of September and October, as BYD maintained a strong lead with over 1,100 cars sold, according to Fada data

Skoda to bring more global models to India next year; no immediate EV plans

Skoda currently sells locally-produced models like Kylaq, Kushaq and Slavia and imported ones like Octavia and Kodiaq in the Indian market

TVS Motor gearing up for bigger ride in Europe: Chairman Sudarshan Venu

Sharing the roadmap for expansion in the European market, Venu said,'We are starting with Italy, and we'll expand to some other markets as well such as Spain and Portugal'

GST 2.0, festival cheer drove record vehicle sales in October: Fada

Festivals also contribute to the rise in overall automobile retail sales, says dealers association

Honda's profit slips as Trump's tariffs take toll on Japanese automakers

Honda lowered its profit projection for the fiscal year through March 2026 to 300 billion yen

SUVs, rural growth, premiumisation to keep PV sales in fast lane in 2026

From the Maruti WagonR Electric to the Tesla Model 3, 2026 will be a landmark year for India's auto industry, led by SUVs, hybrids, and EVs amid GST reforms and rising rural demand

Alto tops Maruti Suzuki charts as highest-selling car at 4.7 mn units

Maruti Suzuki crosses 30 million domestic car sales as Alto leads with 4.7 million units, followed by WagonR and Swift among all-time bestsellers

GST cut gave a fillip to SUVs, not small cars: Hyundai COO Tarun Garg

Hyundai's Tarun Garg said small cars' share in PV sales has continued to fall despite GST rate cuts, with SUVs driving most of the market's growth and consumer upgrades

Norton unveils four new bikes, outlines revival roadmap at EICMA 2025

Norton Motorcycles, backed by TVS Motor, announced its 'Resurgence' strategy and unveiled four all-new models - Manx R, Manx, Atlas, and Atlas GT - at the Milan auto show

New-gen Hyundai Venue 2025 debuts in India at ₹7.90 lakh; see top features

Hyundai has announced the price of petrol versions of the new-generation Venue, which retails for Rs 7.90 lakh (ex-showroom). The cost of the Venue N Line will be revealed later. Know more

'Bumper' October as two-wheeler retail sales top 2.8 million units

Hero MotoCorp nears 1 million retail sales, Bajaj tops EV chart as strong rural demand and GST boost lift festive momentum