Auto Industry

CARS24 acquires Vehicle Info to build full-stack vehicle ownership platform

Acquisition of automotive utility app Vehicle Info will help CARS24 expand beyond buying and selling vehicles to build a platform offering services across the entire ownership lifecycle

Parliamentary committee flags startup exclusion in auto PLI scheme

Standing committee asks government to review eligibility norms in the auto PLI scheme, expand EV incentives and speed up upgrades of testing agencies

Audi India to hike prices by up to 2% from April 1 to offset rise in costs

German luxury carmaker Audi on Thursday said it will hike prices of its products in India by up to 2 per cent from April 1, 2026 to partially offset rise in input costs and adverse impact of currency fluctuations. The price hike will be across the model range and the ex-showroom price of models to increase up to 2 per cent, Audi India said in a statement. "Due to recent rising input costs and currency fluctuations, we are implementing a price adjustment of up to 2 per cent effective from April 1, 2026. We remain committed to minimising the impact of the price hike on our customers," Audi India Brand Director, Balbir Singh Dhillon said. Audi India currently sells a range of luxury cars and SUVs ranging from Q3 SUV to SUV RSQ8 priced between Rs 43.23 lakh and Rs 2.34 crore.

ACMA sends SOS to MHI over LPG crunch, export-import shipment delays

Auto component makers warn Red Sea shipping disruptions and LPG/PNG supply concerns are raising costs, delaying exports and threatening production across the supply chain

Renault puts India at centre of futuREady plan; four models by 2030

Renault names India a key global production and growth hub in its futuREady strategy, with plans to launch four new models in the country by 2030 as part of a global rollout of 36 vehicles

Euler Motors calls for relaxation of auto PLI criteria for EV startups

There is a need to relax criteria for India's PLI scheme for automobiles to enable electric vehicle start-ups to benefit and contribute to the country's green mobility journey, according to Euler Motors Founder & CEO Saurav Kumar. The high ceiling for revenue and investments outlined in the PLI for the auto sector has meant that a company like Euler Motors, despite being among the top players in the electric small trucks and three-wheeler cargo segment, has not been able to participate in the scheme, Kumar told PTI in an interview. As per the eligibility criteria of the auto PLI scheme, an OEM must have a minimum global group revenue of Rs 10,000 crore and invest in fixed assets worth Rs 3,000 crore. "That unfortunately did not incentivise start-ups like us who are equally investing in this space and pushing the technology and R&D at the forefront," he lamented. In terms of products, Euler Motors has both electric four-wheeler and three-wheeler commercial cargo vehicles, which

Uber says regulatory hurdles make shuttle business a challenging space

Uber says its shuttle business remains challenging due to regulatory hurdles restricting expansion beyond Delhi and Kolkata, even as it pushes ahead with intercity bus and multi-modal plans

Auto retail sector posts record sales at 2.41 mn units in February: Fada

Passenger vehicles, two-wheelers, three-wheelers and commercial vehicles hit highest February sales ever, reflecting broad-based demand and GST 2.0 impact

India's retail auto sales rise 25% in Feb on tax-cut boost, seasonal demand

Two-wheeler sales jumped 25 per cent from a year ago in February, while passenger vehicle sales climbed 26.1 per cent, the Federation of Automobile Dealers Associations ‌said

M&M: No official word from Indonesia on any suspension of vehicle orders

Mahindra said it has received no intimation from Indonesian authorities about suspending its vehicle imports, clarifying a media report and reaffirming its 35,000-unit export order

Toyota Motor founding family is biggest winner in unit takeover battle

The privatisation of Toyota Industries is meant to reinvigorate the sleepy affiliate, remaking it as the vanguard of the group's evolution into next-generation mobility

How India's EV strategy must change: Put customers first, technology next

India's EV slowdown is rooted in weak customer insight and how new ideas are adopted

SUV demand, GST relief power double-digit auto sales growth in February

Passenger vehicle wholesales rose 11.4% in February on strong SUV demand and GST effects, while two-wheeler makers posted sharper growth on a favourable base and broad consumer uptake

Ola unveils 'Ola Insiders' programme with upgrade and referral benefits

Ola Electric on Sunday launched 'Ola Insiders', an exclusive community programme for its existing customer base of over 10 lakh riders across the country. The initiative unlocks a host of benefits for the community members, including vehicle upgrade, add-on and referrals. As part of the programme, customers can upgrade their existing scooters and receive benefits of up to Rs 50,000 on the latest Gen 3 S1 portfolio and Roadster motorcycles, including the 4680 Bharat Cell variants, Ola Electric said in a statement. Besides, existing Ola customers can unlock benefits of up to Rs 20,000 when adding another Ola vehicle under the same registered name, it added. The customers can avail referral benefits and earn up to Rs 5,000 in Ola credits upon successful delivery. The referred buyer will also receive a Rs 1,000 cashback. "With over a million riders, our community remains central to our journey. With the launch of Ola Insiders, we are introducing a structured ownership program built a

Tata Motors Passenger Vehicles total sales jump 35% to 63,331 units in Feb

Tata Motors Passenger Vehicles on Sunday reported a 35 per cent growth in total sales to 63,331 units in February against 46,811 units in the same month of the last year. Domestic PV sales stood at 62,329 units last month as against 46,435 units in the year-ago period, a growth of 34 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing. PV sales in the international market stood at 1,002 units last month against 376 units in February 2025. Total sales of electric vehicles in the international and domestic market increased 57 per cent to 8,385 units from 5,343 units in February 2025, the company said.

Nexa Studios may contribute 30% to Nexa sales by FY31: Maruti Suzuki

Nexa Studios, now 200 of over 740 Nexa outlets, are expected to contribute 25-30% of Nexa sales by FY31 as Maruti Suzuki expands the compact format and manages strong early demand

Affordability keeps ICE relevant as buyers warm to hybrids: Study

Hybrids emerge as the preferred bridge technology as most buyers stay price-conscious, favour lower EMIs and take a cautious view on full electrification

India's EV transition on right track, but miles to go, say experts

Government schemes such as the PM E-Drive initiative, with allocations of around Rs 2,000 crore for charging points deployment, are helping accelerate rollout

India must build materials, tech capability to scale manufacturing: Experts

At BS Manthan, industry leaders highlight gaps in advanced materials, R&D, and minerals, even as policy support, global shifts, and investor confidence create new momentum for manufacturing growth

Ather's entry in PLI could boost India's e2w exports: CEO Tarun Mehta

The PLI scheme for automobiles and auto components was approved by the Union Cabinet on September 15, 2021, with a total outlay of Rs 25,938 crore over five years