Page 2 - Auto Industry

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%

Auto production in 'precarious' phase as suppliers feel 'stressed': Siam

As the inflation rate continues to rise, workers, including those at automobile and auto component makers, in Noida and Gurugram have protested low wages over the past few days

West Asia war may hit auto sector, raise costs, dent demand: Siam

The war in West Asia may have adverse implications for the Indian automotive industry and could pose near-term challenges for the sector, having an indirect impact on vehicle demand, Society of Indian Automobile Manufacturers President Shailesh Chandra said on Tuesday. While the automobile industry concluded the 2025-26 year from a position of strength, developments arising from the ongoing West Asian conflict pose certain risks, he told reporters here. "Recent uncertainties arising from the West Asia conflict need to be closely monitored. The evolving geopolitical situation may have adverse implications for automotive production, input and commodity prices, fuel prices and freight rates, which could pose near-term challenges for the industry and may also indirectly impact the demand requirement," he said. Sharing an update on the current situation faced by the domestic auto industry, Chandra said, "Supply disruptions have led to shortages of propane and ethylene, critical inputs

CAFE-III norms to kick in from April 2027, govt unlikely to extend deadline

Automobile manufacturers will have to comply with stricter fuel efficiency norms from April 1 next year, as the government is unlikely to extend the deadline for the implementation of the Corporate Average Fuel Efficiency III standards, Additional Secretary in the Ministry of Heavy Industries Hanif Qureshi said on Monday. He said that the need to extend the implementation deadline beyond April 1, 2027, may not arise, as the government has been in touch with the auto industry stakeholders on the CAFE III norms, and has sought their feedback regularly, keeping them well-informed. CAFE III norms proposed to be effective from April 1, 2027, to March 31, 2032. Differences persist among auto manufacturers on the rules, with small car makers arguing that leniency must be granted to them in the corporate average fuel efficiency (CAFE-III) norms on the basis of weight and affordability, even as large OEMs are opposed to differential treatment, saying it would compromise safety features. Whil

Statsguru: India yet to plug EV gap in the race with Asian peers

There has been strong growth in EV sales across Asian countries over the past few years, with most markets witnessing sharp expansions between 2021 and 2024

Detroit of Asia sputters as LPG dries up, input costs spike, labour thins

In Chennai's auto nerve centre, Ambattur, prolonged conflict ripples through supply chains, delaying deliveries, raising costs, testing small manufacturers' resilience

EV retail sales in India rise 24.6% to 2.45 million units in FY26: Fada

Total electric vehicle retail sales in India grew by 24.6 per cent at 24.52 lakh units in FY26 as compared to the previous fiscal, with every category delivering strong double-digit growth, Federation of Automobile Dealers Associations said on Tuesday. While electric two-wheelers crossed 14 lakh units, electric passenger vehicle retail sales missed the 2 lakh units by a whisker but surged 83.63 per cent in FY26, FADA said in a statement. "FY'26 has been a watershed year for India's electric mobility story. Total EV retail across two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles stood at approximately 24.52 lakh units, growing nearly 24.6 per cent YoY, with every category delivering strong double-digit growth," FADA President CS Vigneshwar said. In the electric PV category, total sales were at 1,99,923 units in FY26 as compared to 1,08,873 units in FY25, a growth of 83.63 per cent. Tata Motors Passenger Vehicles was the leader in the electric PV segment by ..

Auto retail sales scale new peak in FY26, inch closer to 30 mn units

Strong growth across segments, GST 2.0 benefits and rising rural demand pushed India's auto retail sales to a record 29.6 million units in FY26, with EV adoption also gaining pace

Passenger vehicle sales in India likely to moderate to 4-6% in FY27: Icra

India's passenger vehicle industry growth is expected to moderate to 4-6 per cent in FY27, largely due to the high base and evolving macroeconomic conditions, ratings agency ICRA said on Friday. For FY26, the industry is estimated to report wholesale volume growth of around 7-9 per cent, supported by strong festive demand, GST rate cuts and multiple new model launches, ICRA said in a statement. "The industry continues to witness structural shifts, with utility vehicles accounting for nearly 67 per cent of overall sales, reflecting sustained premiumisation trends," it said. Further, rising penetration of alternative powertrains such as CNG and electric vehicles is aiding demand diversification, ICRA said. Despite the anticipated moderation in growth, passenger vehicle original equipment manufacturers (OEMs) are expected to continue with significant capital expenditure towards new product development and electric vehicle platforms, while tractor manufacturers are likely to benefit fr

Electric vehicle sales saw surge in FY26 on strong year-end push

Electric vehicle sales rose sharply in FY26, driven by strong growth in two- and four-wheelers and a robust year-end push, as per Vahan registration data