Auto Industry

Blended finance, leasing models needed to boost e-truck adoption: Gauba

Niti Aayog member Rajiv Gauba said high financing costs, fragmented logistics operations and lack of coordinated corridor planning were holding back e-truck adoption

Minda Corp sets ₹1,500 cr export target, eyes growth in EVs, electronics

The auto-component maker expects global growth to be led by instrument clusters, wiring harnesses, EV components and electronics as it increases four-wheeler penetration

Auto retail sales hit record in Aug at 2.42 mn units, rise 18%: Fada

Passenger vehicles crossed 400,000 units in August for the first time, while CNG, hybrid and electric vehicles together overtook petrol in the PV fuel mix

UK government rules out Jaguar Land Rover bailout over 4,000 job cuts

JLR is set to cut 4,000 positions or roughly 10% of its global workforce over the next two years as the UK's largest carmaker confronts soaring costs, plummeting sales and US tariffs

Goyal warns auto firms against nominal localisation, govt tracking data

Commerce minister says government will use company-wise import-export data and IEC numbers to assess genuine localisation and map automotive supply ecosystems

Commercial vehicle sales pick up in August before festival season

Domestic dispatches rise 20-43% across major CV makers; M&HCVs lead growth as industry heads into festive period with stronger demand momentum

Auto industry must stay one step ahead of hackers, says Maruti CEO

Hisashi Takeuchi said automakers need stronger cybersecurity, robust contingency plans, deeper localisation and greater supplier resilience as digitalisation accelerates

Auto-component makers face rising competition for talent, raw materials

ACMA and BCG said fast-growing sectors such as data centres and renewables are competing for common inputs and talent, even as vehicle demand remains robust

Design, domestic value addition key to India's EV transition: Kumaraswamy

Union Minister H D Kumaraswamy on Wednesday urged the automotive industry to focus on design and domestic value addition to drive India's EV transition, saying the success of the country's electric mobility cannot be measured only by the number of electric vehicles sold. The Minister for Heavy Industries and Steel called on the automobile and auto component industry to invest more boldly in cleaner, more efficient, and emerging technologies - not only to make in India, but to make for the world. "The Ministry of Heavy Industries will continue to work closely with ACMA, SIAM, and industry stakeholders to improve scheme implementation, resolve operational issues, and create an enabling environment for investment and innovation," Kumaraswamy said. The minister said government schemes are supporting investment, domestic value addition, advanced technology, manufacturing, and the transition to cleaner mobility. He observed that India's green mobility transition is gathering ...

Tata Motors secures all prior regulatory approvals for Iveco acquisition

The European Central Bank has granted the remaining authorisation, clearing all prior sector-regulatory approvals required for Tata Motors' voluntary tender offer

Emissions breach likely to force two-wheelers into 'limp-home mode'

BS6 emissions norms are currently in force in India. The country is expected to move to BS7 from 2027, with new regime likely to bring tighter pollution controls and real-time monitoring requirements

Telangana govt to develop dedicated ride-hailing app for auto drivers'

The Telangana government would develop a dedicated ride-hailing app like Uber and Ola to support auto drivers, state Transport Minister Ponnam Prabhakar said. The auto drivers called off their planned indefinite strike from today following assurances by the state government on their various demands. In a statement here Sunday night, Prabhakar said the state IT department would develop the proposed app. He, however, did not elaborate on the details of the proposed app. The government has agreed to hike auto fares, marking the first increase since 2012. He said the government would soon take a decision on allowing only those bike taxis which have yellow number plates for transporting passengers. Drivers would receive Rs 1.50 lakh in financial assistance for retrofitting diesel and petrol autos with EV mechanism in Hyderabad. Prabhakar also said he would take a positive decision on the ruling Congress promise of providing Rs 12,000 annually to the auto drivers after holding consulta

PV makers ramp up festive preparations, but brace for slower H2 growth

Production and dealer stocking rise ahead of festivals, but high base and inventory risks loom over H2 growth

Tata Motors to raise car, SUV prices by up to ₹25,000 from September 1

Third price increase this year comes amid rising input costs and sustained inflationary pressure

Skoda targets profitable India growth, weighs CNG and niche diesel return

Evaluates India-made electric SUV as it deepens localisation, expands its retail network beyond 200 locations and looks to widen its customer base in smaller markets

2W makers to oppose immediate real driving emission norms in BS7

During internal discussions, major 2W makers have cited concerns over the weight and accuracy of equipment used to measure RDE on the road, as its heaviness itself can increase emissions

Ashok Leyland Q1 net profit rises 0.8% to ₹616 crore, revenue up 12%

Ashok Leyland posted its highest-ever first-quarter revenue and net profit, driven by record volumes, even as rising material costs weighed on operating margins

Ashok Leyland Q1FY27 results: Net profit rises 1.5% to ₹667.77 crore

Commercial vehicle maker Ashok Leyland Ltd on Friday reported a 1.5 per cent increase in consolidated net profit at Rs 667.77 crore for the first quarter ended June 30, 2026. The company had posted a consolidated net profit of Rs 657.72 crore in the corresponding period of the previous fiscal, Ashok Leyland Ltd said in a regulatory filing. Consolidated revenue from operations stood at Rs 13,069.59 crore in the quarter under review as against Rs 11,708.54 crore in the year-ago period, it added. The company's board has approved an investment of up to 25 million pounds (approximately Rs 325 crore) in its UK subsidiary Optare Plc. and another up to Rs 500 crore in equity shares of Hinduja Housing Finance Ltd through secondary purchase of shares. Total expenses in the quarter under review were higher at Rs 12,314.66 crore as compared to Rs 10,920.53 crore in the same period a year ago, the company said. During the quarter, the company said it posted its highest ever commercial vehicles

Govt expects auto PLI incentive disbursal to be more than 2x in FY27

Centre expects ₹4,700 crore in incentives against ₹2,322 crore paid in first two years

5% cut in cost of ownership can make electric trucks competitive: MHI

TCO refers to the cost of buying and operating a vehicle over its lifetime