Auto Sector

Domestic passenger vehicle dispatches rise 36.5% to 439,309 units in August

Domestic passenger vehicle dispatches from companies to dealers rose 36.5 per cent year-on-year to 4,39,309 units in August, industry body SIAM said on Tuesday. Passenger vehicle dispatches were at 3,21,901 units in August 2025, Society of Indian Automobile Manufacturers (SIAM) said in a statement. Total two-wheeler sales increased 10.5 per cent to 20,34,698 units last month, as against 18,41,954 units in August last year, it added. Three-wheeler dispatches were up 22.8 per cent in the previous month at 93,764 units as against 76,324 units in the year-ago period, it added.

Himadri eyes 70% exports with full capacity utilisation at Birla Tyres

Himadri plans to ramp up Birla Tyres capacity and shift towards higher-value OTR and OHT segments, with exports set to drive growth

Rosemerta eyes 30-35% FY27 growth on tech, mobility solutions push

The group is betting on telematics, connected-vehicle platforms, government-service digitisation and road-safety solutions to drive growth

Fada, Rosmerta Digital Services tie up to simplify vehicle compliances

Automobile dealers' apex body FADA has signed an initial pact with Rosmerta Group firm Rosmerta Digital Services to make vehicle compliances easier using the latter's tech platform that provides customers with a simple digital access point to check their traffic violation details and necessary action. As part of this association, RDSL has introduced Rosmart, its compliance services platform, available through Rosmart.com, where citizens can log in to access challan-related services and address pending traffic violations, the Federation of Automobile Dealers' Association (FADA) said in a statement. Through the platform, dealers can upload cases in bulk or assist customers directly, while customers can visit Rosmart.com or access the service by scanning a QR code available at participating dealerships and customer touchpoints, it said. The need for a reliable platform has also become increasingly important with the proliferation of unauthorised websites and online intermediaries ...

Citroën targets 75% sales from smaller cities in 5 years: Shailesh Hazela

Citroën expects tier-2, tier-3 and smaller cities to account for three-fourths of India sales within five years, up from around 55 per cent currently

Minda Corp targets ₹1,500 cr export, eyes growth in electric vehicles

The auto-component maker expects global growth to be led by instrument clusters, wiring harnesses, EV components and electronics as it increases four-wheeler penetration

Auto retail sales hit record in Aug at 2.42 mn units, rise 18%: Fada

Passenger vehicles crossed 400,000 units in August for the first time, while CNG, hybrid and electric vehicles together overtook petrol in the PV fuel mix

PV makers ramp up festive preparations, but brace for slower H2 growth

Production and dealer stocking rise ahead of festivals, but high base and inventory risks loom over H2 growth

JBM Auto soars 10% on heavy volume; here's why the stock is buzzing

According to reports, Bain Capital is in discussions to invest up to $300 million for a significant minority stake in JBM Auto's electric vehicle business (EVBuses).

Nifty Midcap 100 index hits record high, Smallcap 100 touches 52-week high

The optimism around Q1 earnings is shifting from large caps to midcaps. Following a five-week breather near the all-time high, the Midcap Index regained momentum, said ICICI Securities.

Maruti sales engine to keep humming through FY27 on strong demand

Capacity additions and healthy demand should fuel volume growth even as cost pressures weigh on margins

M&M Q1 preview: Cost pressures likely to dent margins; PAT growth seen flat

M&M, which manufactures SUVs and modern electric vehicles like the Scorpio-N, XUV700, and Thar, will post its Q1 FY27 results on Thursday, July 30.

Auto sector enters premium growth cycle, says MOFSL; Maruti, TVS top picks

While near-term uncertainties surrounding the monsoon, crude oil prices and geopolitical developments persist, auto sector's growth outlook is increasingly being driven by structural demand.

After strong Q1, prospects remain bright for TVS Motor, Bajaj Auto

Exports, premium motorcycles and electric vehicles drove strong June-quarter earnings, while management commentary points to sustained momentum despite cost pressures

Bajaj Auto Q1 profit jumps 46% as record volumes and exports fuel growth

Bajaj Auto to raise annual production capacity to over 9 million vehicles

Q1 results preview: Higher costs may squeeze margin of auto companies

OEM revenue is expected to rise 22-29 per cent in Q1FY27, led by strong vehicle demand, exports and premiumisation, while higher input and freight costs are likely to squeeze margins

Carmakers switch lanes to bring more software engineers on board

Trend leads to more women being employed on vehicle assembly lines

India's auto sector records 20 deals worth $717 mn in Q2 2026: Report

India's automotive sector recorded its lowest quarterly deals transaction volumes in three years at a total of USD 717 million in Q2 2026, according to Grant Thornton Bharat's latest Automotive Dealtracker. In Q2 2026 deal values remained largely strong despite transaction volumes falling to their lowest quarterly level since Q2 2023, Grant Thornton Bharat said in a statement. India's automotive sector recorded 20 overall deals worth USD 717 million in Q2 2026, it added. Overall deal values declined marginally by 4 per cent quarter-on-quarter, as capital remained concentrated in a few high-value transactions across mobility platforms, automotive technology and public market fundraises, it added. "While deal activity slowed during the quarter, investment remained focused on businesses driving the future of mobility," Grant Thornton Bharat Partner and Auto & EV Industry Leader, Saket Mehra said. He further said ,"We are seeing continued interest in EVs, mobility platforms and ...

Volkswagen CEO signals no plant closures as automaker moves to cut costs

Volkswagen's CEO indicated in comments published Sunday that he's trying to avoid closing plants as he seeks to turn around the automaker's performance. The Wolfsburg, Germany-based company faces pressure to cut costs at home and increasingly intense competition in the lucrative Chinese market, in particular. Last week, Volkswagen said its "fundamental realignment" over the past three years had reached its next phase, announcing plans to streamline the model lineup by up to half. It didn't provide specifics, and questions remain over how else it will cut costs. There has been renewed speculation about the future of several plants in Germany. "There are more intelligent solutions than closing plants," CEO Oliver Blume told the Bild am Sonntag newspaper. He added that a cost-cutting program in Germany already is producing effects. "We were able to improve our factory costs in Germany by an average 20 per cent last year alone," he said, describing that as "strong progress." Blume ar

Nomura retains 'buy' on Uno Minda amid expansion plans, sees 33% upside

The company had been manufacturing seat recliners since 2022, but is now expanding to manufacture complete seating systems.