The concession will be applicable at the time of vehicle registration following purchase at the Expo, providing a one-time 50 per cent relief in motor vehicle tax
Jan 1 (Reuters) - India's top two carmakers, Maruti Suzuki and Mahindra & Mahindra, reported a strong rise in December sales to dealers, company data showed on Thursday, with tax cuts from earlier in the year fuelling demand into the final month of 2025.
Car OEMs are going beyond the initial purchase, institutionalising battery health checks and resale benchmarks to ease depreciation and battery-life concerns for EV buyers
India's automobile industry is set to post its highest-ever retail sales in 2025, supported by GST rationalisation, income tax relief, RBI rate cuts and improving rural demand after a good monsoon
British aero-engine maker Rolls-Royce on Sunday said it is looking at making India its third "home market" outside of the UK in line with a plan to unlock the full potential of opportunities across an array of domains including jet engine, naval propulsion, land systems and advanced engineering. In an interview to PTI, Sashi Mukundan, the executive vice president of Rolls-Royce India, elaborating on the move, said the company is planning for a "big investment" in the country and listed developing a next-generation aero engine in India as a priority to power the combat jets that New Delhi will produce under the Advanced Medium Combat Aircraft (AMCA) programme. Besides the UK, Rolls Royce considers the US and Germany as its "home markets" as the company has considerable presence including manufacturing facilities in these two countries. Mukundan also highlighted how Rolls Royce can contribute significantly to address India's requirement for electric propulsion capability for boosting
After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments. The momentum reflects more than cyclical recovery. Passenger vehicle volumes in 2025 rebounded sharply after a slow start, aided by stronger urban demand, stable rural incomes and improved financing availability. SUVs continued to dominate demand, while CNG and electric vehicles gained traction, indicating a gradual but steady shift in the powertrain mix rather than a disruptive transition. However, 2026 is shaping up as a preparatory year ahead of tighter regulations. The industry faces rising compliance costs as it readies for CAFE norms from 2027 and future emission standards, which could ...
Scheduled for launch in early 2026, the Gravite will be locally manufactured at Renault-Nissan's Chennai plant and is the first model under Nissan's refreshed India strategy
The Corporate Average Fuel Efficiency (CAFE) framework sets fleet-wide carbon dioxide emission targets for automakers
Tata Motors said the new-generation Sierra logged 70,000 confirmed bookings in 24 hours, with deliveries set from January 15, 2026, and prices ranging from Rs 11.49 lakh
European officials on Tuesday moved to ease their ban on sales of cars with internal combustion engines by 2035, responding to pressure from governments and automakers who argued that the industry needed more flexibility in finding ways to reduce emissions of carbon dioxide and help achieve EU climate goals. The proposal from the EU's executive commission would change provisions of 2023 legislation requiring average emissions in new cars to equal zero, or a 100% reduction from 2021 levels. The new proposal would require a 90% emissions reduction. That means in practical terms that most cars would be battery-only but would leave room for some cars with internal combustion engines. Automakers would have to compensate for the added emissions by using European steel produced by methods that emit less carbon, and through use of climate neutral e-fuels made from renewable electricity and captured carbon dioxide and biofuels made from plants. EU officials say changing the limit will not .
Despite halving the per-unit demand incentive to Rs 5,000 per kWh, PM EDRIVE enabled 3.4 times higher annual EV volumes than FAME II
Growth has been supported by continued product innovation, expanded export programmes, and strengthened engineering and software capabilities as the quarter progresses, the company said
Volkswagen warned of potential production cuts last year, as it faced shaky demand in Europe and China, its biggest market, as well as higher tariffs that have crimped sales in the United States
Banerjee identified driving range, inadequate public charging infrastructure, after-sales support and resale value as the biggest challenges to EV adoption in India
the rising demand for premium helmets is also helping Studds Accessories expand its profit margins
Planning mid-cycle facelifts over new launches
Mutual funds redirect record inflows to fuel IPO boom, hitting 25-year high in new listings while selling bank and pharma stocks
Ola Electric on Sunday said it has commenced same-day registration and delivery of its 4680 Bharat Cell powered vehicles in Bangalore. This offering is a part of the company's umbrella Hyperservice initiative to deliver a transparent, convenient, and customer-first service experience, the Bengaluru-based firm said in a statement. Under Hyperdelivery initiative , customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles on the same day, it added. Earlier this year, the company announced that it has moved its vehicle registration process completely in-house. "Hyperdelivery adds another layer of ease and convenience for customers who want to purchase our vehicles. When we introduced it earlier this year,we completely changed the way Indians bought their vehicles," a company spokesperson stated. And today the company starts offering that same ease of ownership for customers who want the 4680 Bharat Cell powered vehicl
The move is seen as a way to protect Mexico's domestic industry
The company said the euro-INR exchange rate has stayed above the Rs 100 mark through 2025, well above historical averages, significantly raising its cost base