Page 3 - Auto Industry

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

Govt asks auto sector to optimise production as war hurts energy supplies

The ministry has also urged companies to shift factory operations from oil-based fuels to electricity and to use recycled aluminium or alternative materials as shortages and costs rise

India asks auto industry to optimise output as Iran conflict hits supplies

The government has already prioritised use of gas for households over industries, which get only about 80 per cent of their average needs

War has limited direct impact on our biz: TVS SCS MD Ravi Viswanathan

TVS Supply Chain Solutions sees limited direct impact from the West Asia crisis, with stable volumes and a strong growth outlook ahead.

Uber India shifts from reactive to predictive safety: Sooraj Nair

Uber India is embedding AI across its safety stack-from teen rides to driver compliance-as it expands beyond 125 cities

Volkswagen CEO vows more restructuring, sees lessons in China: Report

To avoid costly overcapacity, VW is applying "clear manufacturing cost targets" to all its plants, be they in Germany, Europe or China

India's auto boom at risk as West Asia conflict disrupts gas supply

The disruption comes at a time when India's car demand is soaring to record levels, with sales expected to cross 4.5 million units in the current fiscal year to March 31

Auto PLI reforms may give startups level playing field: Ather CEO

Ather Energy CEO Tarun Mehta said proposed reforms to the automobile PLI scheme may ease eligibility thresholds, enabling EV startups to compete and scale local innovation

CARS24 acquires Vehicle Info to build full-stack vehicle ownership platform

Acquisition of automotive utility app Vehicle Info will help CARS24 expand beyond buying and selling vehicles to build a platform offering services across the entire ownership lifecycle

Parliamentary committee flags startup exclusion in auto PLI scheme

Standing committee asks government to review eligibility norms in the auto PLI scheme, expand EV incentives and speed up upgrades of testing agencies

Audi India to hike prices by up to 2% from April 1 to offset rise in costs

German luxury carmaker Audi on Thursday said it will hike prices of its products in India by up to 2 per cent from April 1, 2026 to partially offset rise in input costs and adverse impact of currency fluctuations. The price hike will be across the model range and the ex-showroom price of models to increase up to 2 per cent, Audi India said in a statement. "Due to recent rising input costs and currency fluctuations, we are implementing a price adjustment of up to 2 per cent effective from April 1, 2026. We remain committed to minimising the impact of the price hike on our customers," Audi India Brand Director, Balbir Singh Dhillon said. Audi India currently sells a range of luxury cars and SUVs ranging from Q3 SUV to SUV RSQ8 priced between Rs 43.23 lakh and Rs 2.34 crore.

ACMA sends SOS to MHI over LPG crunch, export-import shipment delays

Auto component makers warn Red Sea shipping disruptions and LPG/PNG supply concerns are raising costs, delaying exports and threatening production across the supply chain