Page 11 - Auto Industry

No challenge in using E20 fuel in E10-compliant cars: Renault India

Issuing clarifications on the queries raised by customers related to the use of E20 fuel in vehicles tested and certified for E10, the company said it conducted 'rigorous' durability tests

Domestic two-wheeler segment to see 6-9% volume growth in FY26: Icra

The domestic two-wheeler segment is expected to register a 6-9 per cent year-on-year volume growth in the current fiscal, rating firm Icra said on Monday. The growth is likely to be supported by steady replacement demand, recovery in urban consumption, healthy rural incomes aided by a normal monsoon, and a possible reduction in GST rates, which could provide an additional boost, it noted. The industry outlook for FY2026 remains positive, aided by favourable demand drivers and an anticipated GST cut could provide additional stimulus to accelerate growth, Icra stated. In July 2025, domestic wholesale volumes grew by 9 per cent year-on-year to 15 lakh units, with Original Equipment Manufacturers (OEMs) maintaining healthy dispatches ahead of the festive season, it said. However, retail volumes contracted by 6.5 per cent year-on-year last month, as tepid urban demand and heavy rainfall affected rural footfalls, which weighed on sales, Icra stated. The rating agency expects retail dema

Leadership transition: Sudarshan Venu takes charge of TVS Motor from Aug 25

Ralf Speth steps down as chairman; firm plans supply-chain diversification for key components

Tata Motors returns to South African car market after six-year absence

Growing demand for budget-friendly cars is luring global automakers to offer consumers more options

EVs set to dominate 2025 festive launches, rare-earth crunch a concern

India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts

Passenger vehicle despatches in reverse gear for 3rd straight month in July

PV production in July was nearly unchanged at 398,071 units (up 0.1 per cent), indicating that original equipment manufacturer despatches are being calibrated to retail demand

Festive discounts remain high as carmakers rush to clear inventory

With Rakshabandhan and Ganesh Chaturthi falling during the month, the discounts are almost at a similar level as compared to last year

Tata Motors Q1 results: PAT down 30.5% on JLR tariff hit, lower volumes

Tata Motors Q1 profit slumps to ₹3,924 crore as JLR revenue drops on US tariffs; PV and CV sales decline; demerger on track with effective date set for 1 October

Build competitiveness, diversify export markets amid US tariff scare: ACMA

ACMA says US tariffs on select Indian imports, including auto parts, present short-term challenges but highlight the need for improved competitiveness and export diversity

Auto sales fall 4.3% in July, hurt by Trump tariffs, IT job cuts, rains

Two-wheeler sales contract 6.5% as Indian auto industry 'applies the brakes': Fada

US tariffs pose near-term challenges for auto component makers: ACMA

The decision to impose high tariffs on Indian goods by the US presents near-term challenges for the auto component makers, underscoring the importance of enhancing the sector's competitiveness and exploring new and diversified markets, industry body ACMA said on Thursday. On August 6, the US announced an additional 25 per cent tariff on all Indian imports, on top of an existing 25 per cent duty, taking the total to 50 per cent from August 27. "The recent decision by the US to impose higher and additional tariffs on certain imports from India, including auto components, underscores the shifting landscape of global trade," ACMA President Shradha Suri Marwah said in a statement. While this development presents near-term headwinds, for Indian exporters, it also underscores the importance of enhancing our sector's competitiveness, strengthening value addition, and exploring new and diversified markets, she added. The US is a significant trade partner of the Indian auto components ...

Govt may fine carmakers missing fuel efficiency targets under new rules

The government reportedly plans to fine carmakers that do not meet fuel efficiency rules; Bureau of Energy Efficiency (BEE) will check compliance

Bajaj Auto cuts electric 2-W production by half amid rare earth shortage

Executive Director Rakesh Sharma told reporters in post-earnings call that they have already cut their e-2W production by as much as 50 per cent in July

P B Balaji, a CFO who plays with a straight bat, now captains JLR

Balaji's rise to the top spot at JLR as its CEO comes at a time when the company is in a transition phase, lining up plans for more electric vehicles

Vietnamese auto major VinFast inaugurates EV assembly unit in Thoothukudi

The plant was inaugurated by Tamil Nadu Chief Minister M K Stalin. VinFast Tamil Nadu is the company's third operational plant and the fifth project in its global manufacturing network

VinFast in talks to boost local sourcing as first Indian plant opens

The firm is in discussions with several of its current component suppliers, and some want to shift part of their production to the industrial park in India, VinFast Asia CEO Pham Sanh Chau said

Renault sees India as export hub, completes Chennai unit takeover

French automaker gets fair trade regulator's approval for deal as it plans four new cars

China's clampdown on rare earths has prompted India to explore options

Japan is a model to look at. After the 2010 episode, it reduced its dependence on China to 60 per cent of its requirement of magnets

Will consider plug-in hybrid if tax structure favourable: Volvo India MD

Swedish luxury carmaker Volvo will consider bringing plug-in hybrid vehicles in India if the tax structure is conducive, which is not so at present, a top official of its Indian arm said on Friday. Volvo Car India, which launched the refreshed version of its best selling model in India XC60 at an introductory price of Rs 71.9 lakh, believes that the entry of new players like Tesla is good for popularising electric vehicles, its Managing Director Jyoti Malhotra told reporters here. The refreshed XC60 is being assembled at the company's Bengaluru facility, he noted. "We have a range of mild hybrids and plug-in hybrids... Those are the range that we have in this car (XC60) globally... Our global portfolio has it but the Indian tax structure is not really conducive as of today," Malhotra said when asked if the company would consider the plug-in hybrid version of the model. He further noted,"If things change, we can always bring it. So we are keeping a close watch." Under the current

Eicher Motors says rare earth shortage hit Royal Enfield output in Q1FY26

The company added that they are looking for alternatives to deal with the shortage, a move that other two-wheeler makers such as TVS Motor and Ola Electric are also exploring