Auto Makers

Citroën India sees three-fold rise in Q4 sales on strategy shift

Growth has been supported by continued product innovation, expanded export programmes, and strengthened engineering and software capabilities as the quarter progresses, the company said

Mexico tariff hike to weigh on Indian auto, aluminium exports: JM Financial

Last week, Mexico approved a bill to raise tariffs on more than 1,400 imported goods from Asian countries, effective 1 January 2026

AI investment in auto industry may collapse by 2029, warns report

A new Gartner report has predicted that by 2029, only 5 per cent of automakers will maintain strong AI investment growth, starkly less than the 95 per cent currently engaged

Tata Motors rallies 3%, hits new high; surpasses TMPV in market cap ranking

In the past two weeks, Tata Motors has rallied 17 per cent, as compared to 3 per cent market price decline in Tata Motors Passenger Vehicles (TMPV).

Bajaj Auto gets ₹34.74 crore tax demand over spare parts classification

Bajaj Auto on Tuesday said it has received a tax demand of Rs 34.74 crore on account of the alleged misclassification of spare parts supplied by it. The order issued by the office of Deputy Commissioner, Rudrapur, Uttarakhand, also imposed a penalty amounting to Rs 3.47 crore, the Pune-based firm said in a regulatory filing. According to tax authorities, the company, being a manufacturer of automobiles, the spare parts being a customised product, only used in the manufacturing of vehicles, would get classified as auto parts, disregarding the principle of general rules of interpretation, the company said. Bajaj Auto believes that it has a very strong case on merit as it has been rightly classifying the parts and accessories for more than three decades, following the General Rules of Interpretation, relevant section notes, chapter notes and HSN Explanatory notes, which are supported by various judicial precedents. Therefore, the company stated that it believes the tax demand is not .

What are CAFE norms and why are small carmakers worried about them?

While India's CAFE formula resembles the European Union, it lacks any adjustments for protecting small cars

Nissan Motor sells Yokohama's headquarters to Minth Group for $630 mn

The acquisition will be led by a special purchase company managed by KJR Management, a Japanese real estate unit of private equity giant KKR & Co

Suzuki to launch 8 SUVs, boost India production to regain market share

Suzuki wants to be the biggest seller of electric cars in India and maintain its lead as the country's biggest car exporter, company president Toshihiro Suzuki said

Maruti Suzuki Q2 Preview: What to expect from India's largest carmaker?

Maruti Suzuki Q2 Preview: Maruti Suzuki India will likely announce its September quarter results on October 31, 2025.

Bajaj Auto reports 9% jump in September vehicle sales at 510,504 units

Bajaj Auto on Wednesday reported a 9 per cent year-on-year growth in total sales, including exports, to 5,10,504 units in September. The Pune-based automobile firm had posted total sales of 4,69,531 vehicles in September 2024, Bajaj Auto said in a regulatory filing. Total domestic sales, including commercial vehicles, stood at 3,25,252 units last month, as compared to 3,11,887 units in the year-ago period, a growth of 4 per cent. Exports during the month under review jumped 18 per cent to 1,85,252 vehicles, from 1,57,644 vehicles in the year-ago period, the company said. Sales of two-wheelers in the domestic market rose by 5 per cent year-on-year to 2,73,188 units in September, as against 2,59,333 units in the same month last year.

Auto sales set for strong September; analysts bet on Maruti, M&M, TVS Motor

September auto sales expectations: Analysts cite the start of festive sales from September 22, improved finance availability, dealer inventory build-up, and positive rural sentiment as key drivers.

From subsidies to surplus: How China's car boom spiralled into oversupply

Inside China's spiralling auto industry crisis is the problem of surplus. Factories are churning out more cars than buyers want, leading to heavy discounts and abandoned vehicles

India's automobile industry is on threshold of transformation: Minister

India is now among the fastest-growing electric vehicle markets in the world, as over 1 million EV units were sold in the country in 2024-25, Union Minister HD Kumaraswamy said on Wednesday. The minister for heavy industries and steel asserted that India's automobile industry is on the threshold of transformation, transitioning from internal combustion to clean mobility, and from the domestic market to global aspirations. "In 2024-25, India sold over one million electric vehicles, with electric two-wheelers growing 21 per cent and electric three-wheelers growing 57 per cent. India is now among the fastest-growing electric vehicle markets in the world," Kumaraswamy said. The minister made the remarks while delivering a video message at the Auto Retail Conclave organised by the Federation of Automobile Dealers Associations (FADA) here.

Auto upcycle is here, says Morgan Stanley; Upgrades Maruti, Eicher, Hero

Among companies, Maruti Suzuki is expected to gain market share with new SUV launches and a revival in first-time buyers, prompting the brokerage to raise its target from ₹14,262 to ₹18,360.

Auto sales rise 0.02% in August, GST 2.0 defers sales to September

The two-wheeler segment registered a 1.34 per cent month-on-month growth, rising 2.18 per cent Y-o-Y, aided by festive enquiries around Onam and Ganesh Chaturthi

GST rejig to make entry-level cars cheaper by 8.5%: Crisil Intelligence

Under the new two-slab GST structure, small cars and mid-segment vehicles will see price cuts, while premium two-wheelers may get costlier

GST 2.0 impact: Small cars, tractors to get cheaper ahead of festive sales

Aiming to provide relief to the common man, the government has sharply cut the GST levied on small cars to make them more affordable

EVs to stay at 5% GST: Industry leaders say move will boost adoption

The GST Council has kept all EVs, mass market to luxury SUVs, under 5% tax, a step industry leaders say will spur sales and strengthen India's EV ecosystem

Renault names Katrin Adt as Dacia head in top management overhaul

Renault is tapping Katrin Adt, a longtime Mercedes-Benz Group AG executive, to succeed Denis Le Vot as head of the popular Dacia brand

Ola Electric likely to unveil sports scooter segment at I-Day event

Ola Electric is likely to announce its foray into the sports scooter segment on August 15 as part of its plans to expand its product portfolio, according to sources. The company plans to unveil the new range at its upcoming annual event on August 15. In the run-up to its annual 'Sankalp' event, the company on Wednesday dropped a teaser on what looks like a sportier version of its scooter line-up. As per sources, Ola Electric is gearing up to expand its portfolio with its entry into the sports scooter segment. According to people in the know, these sports scooters could feature artificial intelligence features powered by Ola Krutrim. The sports scooter segment has been taking off in India on the back of products such as the TVS Ntorq, Yamaha Aerox and Aprilia SR160. Earlier this year, the company unveiled its Gen 3 scooter portfolio that boasted of first-in-segment features like brake-by-wire, dual ABS, and variants with its own 4680 cell.