Page 5 - Auto Industry

15 'no', 2 'yes' votes: CAFE relief for small cars leaves industry divided

A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote

With ₹2,000 cr war chest, Force Motors gears up to expand global reach

Force Motors, known for its shared mobility solutions, is gearing up to expand its presence in global markets and defence segment having consolidated its position in India by narrowing down on focus areas for profitable growth, according to Managing Director Prasan Firodia. The Pune-based automaker, which has been debt free for two quarters now, has earmarked about Rs 2,000 crore capex for three years to bolster digitisation, modernise and enhance production facilities, enhance sales infrastructure and roll out electric products. In an interaction with PTI, Firodia stated that the company remains focussed on its core business of catering to shared mobility solutions with range of light commercial vehicles and multi utility vehicles -- Traveller and Urbania platforms among others, for sectors like education, health, tourism. Besides, the company is eyeing aggressive growth in the defence segment, he added. "We are now sitting in excess of 70 per cent market share in the Traveller ..

Festivals, GST rate rejig spur October passenger vehicle dispatches

SIAM data shows strong festive demand and GST rationalisation pushed India's PV wholesales up 17.2 per cent in October, with UVs, small cars and two-wheelers also recording robust year-on-year growth

Weight-based CAFE relief to hurt safer car push: Shailesh Chandra

This is the first time that Chandra has spoken against the demand for weight-based exemption for small cars, which has divided the auto industry since the beginning of this year

Jaguar Land Rover cyberattack hit TaMo PV Q2 showing; FY26 outlook cut

One-time gain lifts consolidated profit; company cuts FY26 outlook

India's used car mkt hits 5.9 mn units as SUVs, premium models fuel growth

India's pre-owned car market is expanding fast as buyers prioritise SUVs, safer models, trusted brands, and certified dealers - signalling a shift from affordability to aspiration in FY25

Hitting a speed bump: Carmakers raise concerns over EV scheme rules

Automakers told the Heavy Industries Ministry that high investment thresholds, tough localisation rules, and pending India-EU FTA talks are deterring participation in the EV promotion scheme

Four carmakers with 63% output supported CAFE relief: R C Bhargava

Bhargava pointed out the revised draft was a good beginning but not adequate

Yamaha enters India's EV market, to roll out 10 new models by end-2026

Yamaha expects its first EVs to hit showrooms by the first quarter of FY26 (January-March), once network readiness is complete

No consensus on CAFE relief, Siam tells Bureau of Energy Efficiency

Says 3-4 carmakers backed proposed exemption, 14-15 opposed

Shailesh Chandra becomes first Indian to head global auto body OICA

Chandra becomes the first Indian to head OICA, marking a significant milestone for India's presence in global automotive decision-making

GST 2.0, festival cheer drove record vehicle sales in October: Fada

Festivals also contribute to the rise in overall automobile retail sales, says dealers association

Blue Energy plans an electric invasion in trucks on routes below 500 km

Blue Energy Motors plans ₹3,500 crore push to electrify short-haul trucking with 1,200 battery-swapping stations and "energy-as-a-service" model to rival diesel costs

SUVs, rural growth, premiumisation to keep PV sales in fast lane in 2026

From the Maruti WagonR Electric to the Tesla Model 3, 2026 will be a landmark year for India's auto industry, led by SUVs, hybrids, and EVs amid GST reforms and rising rural demand

Alto tops Maruti Suzuki charts as highest-selling car at 4.7 mn units

Maruti Suzuki crosses 30 million domestic car sales as Alto leads with 4.7 million units, followed by WagonR and Swift among all-time bestsellers

Satyakam Arya set to take over as president and CEO of Hino Motors

Daimler India Commercial Vehicles MD and CEO Satyakam Arya will lead Hino Motors, a Toyota Group company, marking the first time an Indian will head a Japanese automobile major

Two-wheeled war hero rides into sunshine: Norton's legacy finds new life

This was a brand that seemed destined to stay on the big stage - before taking a tumble as demand and funds dried up

CAFE norms: Carmakers split over relief to flex-fuel, strong hybrids

Both technologies, if combined, may narrow EVs' emission edge

Hero MotoCorp rides into France with Hunk 440 to boost global footprint

India's largest two-wheeler maker marks its French debut through a partnership with GD France, expanding its European presence after Italy, Spain, and the UK

Lexus unveils futuristic six-wheel concept car at Japan Mobility Show 2025

The company, which once worked to catch up with European automakers, now seeks to move beyond imitation toward innovation and originality