Page 2 - Auto Industry

Auto industry total retail sales up 26% at 25,91,138 units in July: FADA

Total automobile retail sales in India grew by 25.89 per cent year-on-year to 25,91,138 units in July, continuing with the demand momentum that set in after rationalisation of GST in the latter part of last year, the Federation of Automobile Dealers Associations said on Thursday. In July last year, total automobile retail sales in India were at 20,58,325 units, Federation of Automobile Dealers Associations (FADA) said in a statement. Passenger vehicles (PV) retail sales were at 4,16,555 units last month as compared to 3,49,674 units in July 2025, a growth of 19.13 per cent, it added. Sales of two-wheelers were at 18,18,289 units in July this year compared to 14,17,767 units in the same month a year ago, up 28.25 per cent, it added. Three-wheeler sales stood at 1,33,778 units last month as compared to 1,15,166 units in July 2025, a growth of 16.16 per cent, FADA said. Commercial vehicles also witnessed a 24.04 per cent rise in retail sales at 99,666 units last month as compared to

Honda Motor outsources new vehicle programme to Tata Tech to cut costs

The farming out of this crucial function marks a departure for Honda, which has typically kept development of core vehicle platforms largely in-house or within its established supplier network

Auto firms comfortable with V2V rollout after longer implementation window

Carmakers say 2028 mandate gives time to prepare suppliers, contain cost impact

Software takes the wheel as the auto industry goes increasingly digital

As vehicles transform into rolling digital hubs, automakers face the challenge of maintaining cybersecurity on global roads

Renault India's domestic sales surge 27.9% to 3,293 units in July

Renault India has reported a 27.9 per cent increase in domestic wholesales at 3,293 units in July 2026 as compared to 2,575 units in the same month last year. The company has registered double-digit year-on-year growth for the eleventh consecutive month, Renault India said in a statement. The performance was supported by sustained demand across Renault India's product portfolio and remained broadly aligned with overall industry growth during the month. "Supported by sustained demand and recent product actions, Renault India remains focused on maintaining its growth momentum and strengthening its presence across key segments of the Indian passenger vehicle market," the company said.

How reforms revved up India's auto industry over the past 35 years

The reforms of 1991 not only enhanced car buyers' choices but also helped put Indian manufacturing on the global map

Hero to TVS: Two-wheeler makers ride export wave, but watch road ahead

Hero, TVS, and Bajaj count on overseas markets while bracing for global uncertainty

Maruti targets 25-30% growth in SUV sales in FY27 on new Brezza, launches

SUV contribution to Maruti Suzuki's domestic sales has risen from 12 per cent in FY23 to around 30 per cent in the first quarter of FY27

Will VinFast sustain its business in India's hyper-competitive market?

VinFast, the automotive subsidiary of the $12.83 billion Vingroup, the largest private conglomerate in Vietnam, is making waves in 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

Q1 results preview: Higher costs may squeeze margin of auto companies

OEM revenue is expected to rise 22-29 per cent in Q1FY27, led by strong vehicle demand, exports and premiumisation, while higher input and freight costs are likely to squeeze margins

Cars24 says AI is becoming its operating system as usage surges across biz

SoftBank-backed auto-tech firm processed more than 1.1 trillion AI tokens in the June quarter as AI expanded across engineering, customer support, inspections and lending

Maruti to contest Raipur consumer court order over E20-compatible vehicle

Maruti Suzuki India on Thursday said it will challenge an order of the District Consumer Disputes Redressal Commission, Raipur, that directed the company to replace a customer's vehicle with a new E20 compatible vehicle, citing fuel contamination. The car in the case was an E20-compatible car, fully equipped to handle E20 fuel, and there is evidence of contamination in the fuel collected from the customer's vehicle, Maruti Suzuki India said in a statement. "We have learnt of an order by the District Consumer Disputes Redressal Commission, Raipur, wherein Maruti Suzuki has been directed to replace the customer's vehicle with a new E20-compatible vehicle," it said. The car in this case was an E20 compatible car, fully equipped to handle E20 fuel and so disclosed in the owner's manual, it added. "There is evidence of contamination in the fuel collected from the customer's vehicle. Several other relevant facts have also not been reflected in the order," the company asserted. The state

Mahindra's Chakan plant crosses 3 million vehicle production milestone

The BE 6 electric SUV marked the milestone as Mahindra's Chakan plant produced its latest one million vehicles in 27 months, compared with 107 months for the first million

Govt releases draft CAFE III norms, invites stakeholder suggestions

The Ministry of Power on Thursday released Draft Corporate Average Fuel Economy 2027 Norms (CAFE-III) and sought suggestions from stakeholders. The new norms, which aim to progressively reduce vehicle emissions, will replace the existing CAFE-II norms that are likely to come to an end on March 31, 2027. The norms are proposed to be applicable to M1 category passenger vehicles manufactured or imported for sale in India during 2027-28 to 2031-32, the ministry said in a statement. Passenger vehicles that have up to eight seats, in addition to the driver's, fall in the M1 category. The ministry said stakeholders and the public can mail their suggestions and feedback or send them to the under secretary, energy conservation. The last date for receipt of suggestions and feedback is August 6, 2026. The draft norms shall also be uploaded on the websites of the Ministry of Power and the Bureau of Energy Efficiency shortly, the ministry said. According to an official, compliance to the pro

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

Auto deal activity falls to 3-year low; capital flows to EV, mobility firms

India's automotive sector recorded $717 million worth of deals in the April-June quarter, with investors favouring fewer but larger transactions in EVs, mobility and automotive technology

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 ...

Volkswagen CEO signals no plant closures as automaker moves to cut costs

Volkswagen's CEO indicated in comments published Sunday that he's trying to avoid closing plants as he seeks to turn around the automaker's performance. The Wolfsburg, Germany-based company faces pressure to cut costs at home and increasingly intense competition in the lucrative Chinese market, in particular. Last week, Volkswagen said its "fundamental realignment" over the past three years had reached its next phase, announcing plans to streamline the model lineup by up to half. It didn't provide specifics, and questions remain over how else it will cut costs. There has been renewed speculation about the future of several plants in Germany. "There are more intelligent solutions than closing plants," CEO Oliver Blume told the Bild am Sonntag newspaper. He added that a cost-cutting program in Germany already is producing effects. "We were able to improve our factory costs in Germany by an average 20 per cent last year alone," he said, describing that as "strong progress." Blume ar

Gadkari urges cooperation among Brics nations to shape future of mobility

Union Minister Nitin Gadkari on Saturday called for deeper cooperation among BRICS nations to build transport systems that are sustainable, resilient, inclusive and future-ready, stating that the grouping's collective strength presents a unique opportunity to shape the future of global mobility through innovation, partnership and shared responsibility. The Union Minister for Road Transport and Highways was addressing the 3rd BRICS Transport Ministers' Meeting being held in Nagpur under India's BRICS Chairship. Welcoming transport ministers, delegation heads and senior officials from the member countries, Gadkari said the meeting is a significant step towards strengthening transport cooperation among emerging economies. India's BRICS Chairship, guided by the theme 'Building for Resilience, Innovation, Cooperation and Sustainability', reflects a people centric, humanity-first approach inspired by the timeless philosophy of 'Vasudhaiva Kutumbakam' or the 'world is one family', he ...