Page 12 - Auto Industry

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

Iveco deal to fuel global expansion, exports for Tata Motors' CV unit

Proposed $4.5 billion acquisition may open mature markets for Tata Motors' CV business but raises concerns about duplication and pressure on financials

Himalayan high voltage: 76% of cars sold in Nepal are now electric

Subsidies, hydroelectricity and manufacturing powerhouse neighbour are charging up adoption of cleaner vehicles in the landlocked nation

VinFast opens first India showroom in Surat, targets 35 dealerships in 2025

The EV maker's first outlet in India comes ahead of its Rs 16,600-cr Tamil Nadu factory launch and will showcase the VF 6 and VF 7 electric SUVs backed by a growing dealer network

EV maker Ola opposes auto firms' plea to reduce duty on traction motors

Ola has also made it clear that they are not in favour of any change in the domestic value addition norms of PLI as well as the phased manufacturing program as requested by many auto companies

Renault to launch all-new models with updated logo, starting with Triber

Renault India will feature its updated interlocked diamond logo on future models, beginning with the launch of the all-new Triber, as part of its ongoing brand transformation

Local ABS suppliers lack sufficient capacity: HMSI's Yogesh Mathur

Two-wheeler demand likely to remain tepid until festival season, says HMSI

VinFast India gets EV orders from Nepal, Sri Lanka, West Asia, and Africa

Thoothukudi facility likely to be inaugurated by month-end

Ashok Leyland takes proactive approach to tackle industry trends: Chairman

Ashok Leyland will follow a proactive approach to navigate emerging global and industry trends including electrification and supply chain challenges as it remains in hunt to be among the world's leading commercial vehicle manufacturers, according to Chairman Dheeraj G Hinduja. In his address to shareholders in the company's Annual Report for 2024-25, he noted that the commercial vehicle and mobility sectors are undergoing profound transformation. Electrification is accelerating, even as alternative propulsion technologies such as LNG and hydrogen-powered vehicles are moving from concept to commercial reality, he stated. Digitalisation and connectivity are reshaping fleet management, after sales service, and the entire customer experience, Hinduja stated. On top of this, global trade and supply chains are being re-shaped, he said. To navigate and capitalise on these trends, the company will adopt a multifaceted and proactive approach, Hinduja said. Continued investment in research

What are zero-mileage used cars & why is China planning to ban their sale?

China plans to ban resale of cars within six months of registration to curb the growing sale of zero-mileage used cars, which distort sales data, affect buyers, and allow misuse of subsidies

Govt starts work on Auto Mission Plan to make India global industry leader

The government has initiated the formulation of the Automotive Mission Plan 2047 (AMP 2047), a strategic road map aligned with the 'Viksit Bharat @2047' vision to establish India as a global automotive leader, focusing on innovation and sustainability, the Ministry of Heavy Industries said on Thursday. Sub-committees for AMP 2047 have held a meeting to outline objectives and framework and targets for sectoral growth, exports and industry advancement, to help increase India's share in global automotive trade. Seven sub-committees, comprising experts from government, industry, and academia, will guide the development of a comprehensive plan targeting milestones for 2030, 2037, and 2047. "The vision for 2047 is not an aspiration but a strategic road map backed by concrete targets for sector growth, exports, and industry advancement. We must think beyond specific technologies or companies and focus on India's global standing in 2047, aiming to increase our share in global automotive tra

DC charger manufacturer Everta plans ₹300 crore investment in 5 years

Epsilon Group sets up Everta to manufacture DC chargers with Rs 300 crore plan, starting with a Bengaluru plant and aiming for 15% market share by 2030

CAFE norms battle hots up: M&M counters Maruti Suzuki on relief

Industry divide complicates govt's efforts to finalise new fuel-efficiency norms

Q1 results preview: Low volumes, discounts may have dented auto margins

Downside risks from rare-earth magnets an overhang for the sector

Global EV majors Tesla, VinFast, Kia set for India face-off on Tuesday

Global EV majors Tesla, VinFast and Kia to launch models, announce prices and open bookings on the same day, intensifying India's electric vehicle battle

VinFast to start production at Tamil Nadu facility, deliveries in August

VinFast is set to begin production at its $2 billion Tamil Nadu plant this month and plans to start vehicle deliveries from the festive season, with a focus on exports and an expanding service network

VinFast partners with BatX Energies for electric vehicle battery recycling

VinFast partners with BatX Energies to recycle and repurpose high-voltage EV batteries in India, strengthening its commitment to a sustainable battery value chain for its India operations

Used-car sales to expand 8-10% in FY26, outpace new vehicles: Crisil

The used-to-new car sales ratio has increased to 1.4 from less than 1 five years ago. The market value of these used cars is estimated to be around Rs 4 trillion, nearly matching that of new car sales

Net-zero emissions: Auto industry lobbies to extend 'ICE age' till 2055

The industry has conveyed to the BEE that it continues to rely heavily on ICE vehicles

Ola Electric unveils update of operating system to boost fleet performance

Ola Electric launches MoveOS 5 with improved range, performance, and customization features, aiming to strengthen its foothold in India's expanding electric vehicle market