Page 3 - Auto Industry

Tata Motors CV biz switches gear from trucks to wider mobility highway

Digital platforms, international operations and mobility services are emerging as key growth drivers as Tata Motors Commercial Vehicles seeks to reduce cyclicality

Bajaj Auto says ransomware attack impacts company and unit systems

The automaker said it initiated precautionary measures and response protocols after a ransomware attack affected its systems and those of subsidiary Bajaj Auto Technology

Forex issues delaying PLI applications, Siam writes to govt again

Seeks use of average forex rate for DVA calculations

Using E20 petrol in old vehicles? Maintenance costs may rise up to ₹10,000

India's ethanol shift promises lower imports and support for farmers, but older vehicles and the informal repair network may carry the first consumer-level costs in coming years

Two-wheeler industry to see moderate growth at 3-5% in FY27: Icra

The Indian two-wheeler industry will witness moderate wholesale volume growth of 3-5 per cent in FY27, as the sector could face challenges from a high base effect, a potentially weak monsoon due to El Nino, and inflation-led vehicle price increases, ratings agency ICRA said on Friday. The country's two-wheeler industry continues to demonstrate resilience, supported by improving domestic demand, healthy retail momentum, and sustained export growth, ICRA said in its latest sector update. The growth is expected to remain supported by improved affordability arising from GST rationalisation and replacement demand. Yet, ICRA said, "The sector could face challenges from a high base effect, a potentially weak monsoon due to El Nino, and inflation-led vehicle price increases." Despite supportive domestic demand drivers, geopolitical tensions in West Asia remain a key monitorable, as any escalation could disrupt supply chains and impact industry cost structures, it added. Domestic wholesale

VinFast India ties up with Tata Capital for dealers' financing solutions

VinFast Auto India on Friday said it has partnered with Tata Capital to provide auto and inventory financing for its dealer network. The two partners have signed a Memorandum of Understanding (MoU) for the purpose. Under the partnership, VinFast's dealer partners will have access to financing solutions tailored to support working capital requirements, inventory management and network expansion, the company said in a statement. "This partnership will enable us to offer comprehensive financing solutions for our dealer network, thereby supporting greater accessibility, operational ease and long-term growth for the brand," VinFast Asia CEO Tapan Ghosh said. Tata Capital COO - SME Finance Narendra Kamath said, "Through our partnership with VinFast, we aim to empower dealers with tailored financing support that enables business growth and operational efficiency.

India-UK trade pact: What changes for autos, whisky, textiles, steel

Here are the key takeaways from the India-UK trade deal, from lower tariffs on cars and Scotch whisky to duty-free textile access, social security relief for professionals and steel export safeguards

JLR doubles down on North America amid slowing momentum in China

Jaguar will go all-electric, while Range Rover and Defender retain hybrid and combustion options as JLR pivots towards North America and future growth markets

Can E85 fuel become the breakthrough for India's ethanol blending goals?

The launch of E85 fuel and flex-fuel vehicles has revived debate on the future of ethanol blending in India, but questions remain over incentives, infrastructure and consumer acceptance

Small cars, SUVs drive passenger vehicle sales to record high in May

Scooters powered highest-ever 2W volumes, shows Siam data

Electric vehicle retail sales up 45% in May; ePVs and e2Ws drove adoption

India's EV sales surged 45% to a record 2.72 lakh units in May, pushing overall EV penetration above 11% for the first time amid rising fuel costs

Can't trace old vehicles, need help: Automakers tell NITI Aayog

Industry seeks access to updated vehicle-registration records, saying poor traceability and documentation issues could hamper compliance with end-of-life vehicle recycling norms

China puts EVs on a diet as battery boom makes cars heavier: Report

The trend is drawing attention as larger vehicles put pressure on existing infrastructure. Some EVs are becoming too large for parking spaces designed under standards introduced a decade ago

Compressed biogas powerful pathway to net zero: Maruti MD & CEO Takeuchi

Maruti Suzuki bets on compressed biogas as a key decarbonisation fuel, investing in nine CBG plants to support India's net-zero goals

Auto component sector margins to moderate amid West Asia conflict: Crisil

Operating margins of auto component makers are expected to decline by up to 150 basis points this fiscal year as higher raw material and freight costs weigh on profitability, according to Crisil

Maruti's mini-car sales up 147% in April-May on easing constraints

Maruti Suzuki reports a sharp rebound in mini-car sales as production constraints ease, while rising fuel prices drive stronger demand for CNG-powered vehicles

Major fire at Hyundai Mobis facility may hit Hyundai, Kia production

A fire at Hyundai Mobis' Sriperumbudur facility near Chennai could disrupt supplies to Hyundai Motor India and Kia India, affecting production in the coming weeks

Luxury sedans hold ground in SUV era as premium buyers stay loyal

Nearly three in 10 luxury vehicles sold in India are sedans, with Audi, BMW and Mercedes-Benz each deriving about 40 per cent of India sales from the body style

Red tape redux: Automakers see red as PLI scheme paperwork multiplies

Automakers flag new export certification rules under the PLI scheme, saying added compliance burdens risk undermining ease-of-doing-business goals

Datanomics: India's rising car exports face fresh Lankan speed bump

After lifting its import ban in 2025, Sri Lanka has seen a sharp rise in vehicle imports, prompting a temporary surcharge to protect forex reserves and ease pressure on the external sector