Auto Industry

Maruti Suzuki India starts FY27 with increase in market share to 42%

The country's largest carmaker, Maruti Suzuki India, has started the new fiscal 2026-27 with a 42 per cent market share, increasing from 39 per cent in the previous fiscal. According to industry estimates, the company, which posted a record domestic sales of 1,91,122 units in April, gained nearly 3 percentage points in market share the month. Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee, told PTI that although the company's increase in market share has been led by its passenger cars, SUVs have also made a significant contribution. "We started the new fiscal with a bang in April with record sales and also gained market share," he said. The company's previous highest domestic sales were in December 2025 at 1,82,165 units. Its passenger car sales were at 96,725 units in April this year as against 68,244 units in the same month last year. "In SUV, we have done an all-time high of 55,065 units in April with a growth of 141.6 per cent over last year.

Auto industry faces ₹25k cr hit on profits due to end-of-life vehicle rule

The Indian automobile industry is staring at a hit of about Rs 25,000 crore on bottom line for FY26 with the Environment Protection (End-of-Life Vehicles) Rules 2025 triggering an accounting standard clause that requires automakers to make budgetary provision for environmental compensation for vehicles sold in the past. According to industry executives, an "innocuous looking" clause in the Environment Protection (End-of-Life Vehicle) Rules, 2025 notified by Ministry of Environment, Forest and Climate Change, in January 2025 has spooked automakers after their auditors flagged the magnitude of its ramifications. The "Rule 4 (6)" of the January 2025 notification states, "In case the producer stops its operations, the producer must comply with its Extended Producer Responsibility (EPR) in respect of vehicles already made available in the market till closure of operations..." "This rule triggers accounting standard IND AS 37, ' Provisions, Contingent Liabilities and Contingent Assets', .

EV sales jump nearly 70% in Jan-Apr; momentum sustains beyond March spike

April volumes hold near peak despite fewer selling days; Tata leads while M&M and Maruti gain share amid broad-based growth

Bright start to FY27 for carmakers with sales of 450K units in April

Carmakers began the new fiscal on a strong note, with an estimated 4.5 lakh units of passenger vehicles sold in April in the domestic market, up 27 per cent, on the back of record sales by firms, including Maruti Suzuki, Hyundai and Kia. The industry continued to benefit from the tailwinds of GST 2.0 carried forward from the second half of last fiscal, along with repo rate cut and income tax benefit, Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee said. Passenger vehicle (PV) sales in the domestic market were 3.54 lakh units in April last year. Maruti Suzuki India posted a record domestic sales of 1,91,122 units in April compared to 1,42,053 units in the year-ago month. Its previous highest domestic sales were in December 2025 at 1,82,165 units. "We are starting this year with a big bang. Small cars have contributed significantly to this growth," Banerjee told PTI. The company's small cars, comprising Alto, S-Presso, Celerio and WagonR, grew 74.4 .

Maruti Suzuki India sales rise 33% to record 239,646 units in April

Car market leader Maruti Suzuki India on Friday reported a record total sales of 2,39,646 units in April, a 33.29 per cent year-on-year growth, making a strong start to the new fiscal with its small cars showing robust growth. The company had sold a total of 1,79,791 units in the same month last year, Maruti Suzuki India said. Domestic sales also reached an all-time high of 1,91,122 units in April compared to 1,42,053 units in the year-ago month. "We are starting this year with a big bang. Small cars have contributed significantly to this growth," Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee told PTI. The previous highest domestic sales registered by the company were in December 2025 at 1,82,165 units, he added. Banerjee said the company's mini vertical has witnessed a strong growth in April, dispelling doubts over the future of the segment that many people have. "With 153 per cent growth, it clearly shows that there is demand in the market and

Renault India seeks NCLT approval for proposed realignment of operations

French automaker Renault is undertaking a restructuring of the group's operations in India with plans to separate powertrain production from vehicle manufacturing and sales operations, the company said on Thursday. Renault Group India has approached the National Company Law Tribunal (NCLT) for approval of a proposed structural realignment of its India operations, it said in a statement. "It envisages the powertrain manufacturing activity being organised as a dedicated powertrain entity within Renault Group India, while vehicle manufacturing and sales operations are brought together under an integrated operating structure," it said. The proposed realignment is aimed at creating clearer and more focused operating structures. "This alignment reflects the distinct industrial and operating requirements of the businesses and is intended to support Renault's long-term business strategy in India, including strengthening India's role as a manufacturing and export base, with the ambition of

Global auto industry facing demanding environment, says OICA president

The global automotive industry is facing a demanding environment due to factors such as uncertainty linked to trade tensions, supply chains and energy prices, according to International Organisation of Motor Vehicle Manufacturers (OICA) President Shailesh Chandra. Speaking at the launch of OICA's Global Automobile Industry's annual sales data at the sidelines of the Beijing Motor Show, he said technological change, geopolitical pressures and diverging public policies are reshaping the global automotive industry. Although there is growth in the automotive industry globally, it is distributed with some regions witnessing growth while others declined, Chandra, who is also the President of Society of Indian Automobile Manufacturers (SIAM) and Managing Director & CEO, Tata Motors Passenger Vehicles Ltd, said. In 2025, global automobile production of passenger vehicles, trucks and buses rose to 9.64 crore units from 9.27 crore units in 2024, an increase of 3.9 per cent, he said. On the .

Asia-Oceania emerging auto industry's centre of gravity: Shailesh Chandra

Asia-Oceania leads global vehicle growth and demand, consolidating its role as both manufacturing hub and consumption market, amid uneven recovery across Europe and the Americas

India-New Zealand FTA to boost auto exports, spur EV investments

Industry stakeholders believe the move could provide a meaningful boost to India's auto exports, particularly at a time when companies are looking to diversify markets and scale global operations

JSW Motors, Tata Elxsi to set up hub to drive next-gen mobility solutions

JSW Group's automotive arm JSW Motors and Tata Group's design and technology services firm Tata Elxsi on Friday signed a pact to jointly set up an engineering hub in Pune to support the development of next-generation software-defined, AI-powered mobility solutions, a statement said on Friday. Under the Memorandum of Understanding (MoU), the JSW Next-Gen Technology Centre (JNEXT Center) will enable close collaboration with JSW Motors' R&D, manufacturing, and leadership teams, the company said. Tata Elxsi will lead the implementation of the connected vehicle platform and unified customer experience app for JSW Motors' upcoming vehicle programs, in partnership with a broader ecosystem, JSW Motors said. The strategic engineering hub will support the development of next-generation software-defined, AI-powered mobility solutions, aligned with the industry's shift towards connected and electrified vehicles, it said. The collaboration aligns with JSW Motors' vision of building a ...

By 2030, India will become our largest mkt in passenger volumes: Flix exec

Flix expects India to become its largest market by 2030, driven by rising demand and rapid network expansion, though access to bus terminal infrastructure remains a key constraint

Maruti Suzuki fast-tracks production to clear backlog of 200K orders

R C Bhargava, Maruti Suzuki chairman, said production was likely to hit 500,000 cars in FY27

Maruti Suzuki retires Ignis; supply woes hit S-Presso and WagonR

Maruti Suzuki phases out Ignis amid weak demand, even as strong bookings and production constraints lead to supply shortages in Wagon R and S-Presso models

Renault bets on two-platform strategy, multi-energy push to expand in India

French auto major Renault is adopting a two-platform strategy in India to address the segment below Rs 10 lakh while pursuing a full multi-energy flexibility for vehicles longer than 4 metres, as it looks to expand its product portfolio to seven by 2030. The company, which offered models, such as Kwid, Kiger and Triber on its CMFA platform in the past, is evolving into a new RGEP -- Renault Group Entry Platform -- as it aims to address customer expectations like native factory-fitted CNG, newer powertrains, and next-generation digital and electronic architecture, according to Renault Group in India CEO Stephane Deblaise. On the other hand, for scale and electrification, the company is using the new RGMP -- Renault Group Modular Platform, which will drive the next phase of its growth in India while laying the foundation of the company's electrification strategy. The newly launched Duster SUV is the first of many products to follow, he added. "RGEP is designed to deliver strong value

Howard Lutnick shuts down talk of Chinese investment in US auto industry

During recent trade talks between the US and China in Paris, both sides discussed the creation of a board of trade and also touched on the formation of a board of investment

Siam backs CAFE-3 draft, urges govt to notify norms soon amid time crunch

Auto industry body SIAM supports latest CAFE-3 draft norms, urges quick notification as limited time remains for implementation ahead of April 2027 rollout

Govt, auto industry move towards consensus on CAFE-III norms: Report

Senior government officials and representatives from the auto industry held a meeting to reach a consensus on the Corporate Average Fuel Efficiency (CAFE-III) norms, with sector stakeholders indicating their acceptance of the latest draft proposals, according to sources. The meeting was called by the Bureau of Energy Efficiency under the Ministry of Power, and attended by secretaries from the Ministry of Road Transport & Highways(MoRTH), Ministry of Power (MoP) and Ministry of Heavy Industries (MHI), and auto industry stakeholders, including original equipment manufacturers (OEMs). The meeting was held to gauge the views of stakeholders, especially automakers, over the draft rules before a final shape is given to them. Differences had emerged among auto manufacturers over the draft rules, with small car makers arguing that leniency should be granted to them under the CAFE-III norms on the basis of weight and affordability, even as large OEMs were opposed to differential treatment,

Renault targets India among its top three markets by 2030, says CEO

The company plans to launch seven vehicles in India by 2030, including battery-electric models

Commercial vehicle growth seen moderating to 6-7% in FY27 amid headwinds

After nearly 12% growth in FY26, CV industry to grow around 6-7% in FY27 amid headwinds from oil price volatility, monsoon-linked rural demand and macroeconomic pressures

Maruti Suzuki, Hyundai, Nissan lead India's PV exports with 80% share

Tata Motors and Mahindra & Mahindra's share of total exports from India stood at 3.2%