Auto Industry India

India's auto sector to commission ₹703 billion of projects by FY29: Report

A Brickwork Ratings report said the auto sector's revenue would grow at a compound annual growth rate of around 7.5 per cent to nearly ₹26 trillion over the coming years

TVS, Bajaj, Hero and Ather corner 96% of H1 e2W growth as Ola loses ground

Fada data shows legacy players driving nearly all first-half market growth, while Ather remains the standout among EV-first manufacturers

India's auto sector records 20 deals worth $717 mn in Q2 2026: Report

India's automotive sector recorded its lowest quarterly deals transaction volumes in three years at a total of USD 717 million in Q2 2026, according to Grant Thornton Bharat's latest Automotive Dealtracker. In Q2 2026 deal values remained largely strong despite transaction volumes falling to their lowest quarterly level since Q2 2023, Grant Thornton Bharat said in a statement. India's automotive sector recorded 20 overall deals worth USD 717 million in Q2 2026, it added. Overall deal values declined marginally by 4 per cent quarter-on-quarter, as capital remained concentrated in a few high-value transactions across mobility platforms, automotive technology and public market fundraises, it added. "While deal activity slowed during the quarter, investment remained focused on businesses driving the future of mobility," Grant Thornton Bharat Partner and Auto & EV Industry Leader, Saket Mehra said. He further said ,"We are seeing continued interest in EVs, mobility platforms and ...

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 .

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

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

Motilal Oswal's sector of the week: Auto; check top bet and target price

Lean inventory levels at the end of calendar year 2025 indicate better demand-supply alignment and set the stage for continuous momentum into the coming quarters, according to Motilal Oswal

Carmakers report strong November sales growth on GST-driven demand surge

Market leader Maruti Suzuki reported a 21 per cent year-on-year rise in domestic sales, driven by sport utility vehicles as well as small cars like Alto

Centre to meet with automakers, others on rare-earth-free EV motors

Amid China's restriction of rare-earth permanent magnet exports to India, the ministry is looking into ways to reduce India's dependence on other countries

GST 2.0 drives two-wheeler owners to car showrooms, boosts Maruti

GST 2.0 price cuts are bringing a new set of first-time car buyers into Maruti showrooms, with small car bookings rising sharply and a focused campaign launched to ease financing

Fewer variants, lower prices: Tata Motors reworks Harrier, Safari strategy

Company executives added that the Adventure X trims are expected to lift sales volumes, though average selling prices may soften compared with last year, when demand was led by high-end variants

80% automakers face launch delay due to late-stage engineering changes

Changes should drop To fewer than 15% in pre-production, 8 % or less in production post-launch

Auto Inc seeks closer ties with Centre for critical raw materials

It is working on a plan to secure supplies for next two-three quarters

Automakers asked to display GST price posters at all dealerships

Executives at automobile firms are now getting posters designed and sending them to the ministry for approval before sending them to print for display

M&M cushions dealers from cess blow; others likely to follow suit

M&M has offered relief to dealers against cess losses while GST 2.0 led buyers to defer purchases, with overall August auto retail sales up 2.84% year-on-year, FADA said

Auto sales rise 0.02% in August, GST 2.0 defers sales to September

The two-wheeler segment registered a 1.34 per cent month-on-month growth, rising 2.18 per cent Y-o-Y, aided by festive enquiries around Onam and Ganesh Chaturthi

GST cut makes cars, bikes, tyres cheaper, Diwali comes for Auto Inc

GST Council cut rates on small cars, bikes, SUVs and tyres, slashing levies to 18% and rationalising slabs, a move hailed as transformative for the auto industry

Dealerships face inventory glut in August as car buyers await GST cuts

>>ICE vehicle sales hit, EV market hopes held up >>Vahan data shows 3% drop in August auto sales

Auto part suppliers may take a detour from US market under two-tier tariff

The tariff imposed by the Donald Trump administration is expected to wipe out the Indian industry's $6.6 billion export market to the US

Auto body knocks on finmin door for faster GST reforms, compensation cess

M&M stops wholesale supply of high-ticket ICE vehicles on sales drop, fear of cess loss