Auto Sector

Haryana raises minimum wages 35% after protests by auto industry workers

The decision comes a day after clashes between the police and workers in Manesar, located 30 miles (48.28 km) south of New Delhi and home to companies like Maruti Suzuki

BEE plans to slash 'super credits' for strong hybrid cars in CAFE-3

CAFE-2 norms are currently in force, while draft CAFE-3 norms are under discussion and will be implemented from April 2027 for a period of five years

Two-wheeler makers end FY26 strong on rural recovery, premium demand

Two-wheeler makers post strong FY26 growth led by rural recovery, scooter demand and premium motorcycles, though FY27 outlook may soften amid global headwinds

Passenger vehicle wholesales rise 16% in March despite West Asia conflict

Passenger vehicle wholesales rose 16.3 per cent in March, driven by GST-led demand recovery and strong SUV traction, even as geopolitical tensions weighed on costs

JSW Motors partners Dassault to accelerate EV design and manufacturing

JSW Motors has partnered Dassault Systemes to deploy a digital platform to accelerate EV design, engineering and manufacturing as part of its broader automotive push

Shift away from oil-based fuel to electricity: MHI tells auto sector

Ministry advises automakers to cut oil-based fuel use, optimise production and explore alternatives amid supply constraints triggered by West Asia conflict

West Asia crisis impact on Indian industry won't be long-term: Hajime Aota

The first product to come to India will be the Yamaha EC-06, which we are going to sell in limited cities and dealerships initially

Lexus India eyes faster growth in FY26 amid rising demand, new launches

Lexus India expects stronger growth in FY26 amid rising incomes and infrastructure push, as it looks to outperform a largely flat luxury car market

Maruti, Tata Motors, M&M, Bajaj Auto: CLSA decodes strategy for auto stocks

If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.

Skoda Auto India keeps foot on the pedal, targets 10-12% growth

Skoda Auto India targets 10-12% growth in 2026, outpacing the market, even as West Asia tensions and rising oil prices pose risks to demand and supply chains

Auto stocks fall up to 5% on oil price rise, Fed pause; brokerages cautious

Among Nifty Auto constituents, Samvardhana Motherson International, Bharat Forge, and Ashok Leyland slipped over 4 per cent each

Nirmal Bang picks Maruti, M&M as auto sector corrects; flags gas risks

The Nifty Auto Index has corrected approximately 10 per cent year-to-date (Y-T-D), compared to Nifty's 9 per cent decline

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.

Auto retail sector posts record sales at 2.41 mn units in February: Fada

Passenger vehicles, two-wheelers, three-wheelers and commercial vehicles hit highest February sales ever, reflecting broad-based demand and GST 2.0 impact

PV sales growth to slow to 3-5% in FY27, says India Ratings report

Passenger vehicle sales growth is expected to moderate in FY27 due to a high base and preponed replacement demand, even as India's broader automotive industry continues its domestic upcycle

Record Feb dispatches lift Nifty Auto index 1%; GST 2.0 seen aiding demand

According to FADA, February 2026 emerged as best-ever February for 2W, 3W, CV, PV, tractors and overall retail. Data showed that retail vehicle sales jumped by 25.6 per cent Y-o-Y to 24,09,362 units

Mahindra & Mahindra total auto sales rise 18% to 97,177 units in Feb

Mahindra & Mahindra Ltd on Sunday reported an 18 per cent year-on-year growth in overall automobile sales to 97,177 units in February 2026. Utility vehicle sales in the domestic market last month increased 19 per cent to 60,018 units compared to 50,420 units in the year-ago period, Mahindra & Mahindra Ltd (M&M) said in a statement. Domestic sales for commercial vehicles stood at 24,585 units last month, a growth of 10 per cent, it added. M&M CEO, Automotive Division, Nalinikanth Gollagunta, said the February performance reflected "robust customer demand across the portfolio". Total exports last month rose 11 per cent to 3,384 units against 3,059 units in February 2025. In another statement, M&M said its total tractor sales surged 34 per cent to 34,133 units in February 2026 against 25,527 units a year earlier. Tractor sales in the domestic market jumped 35 per cent to 32,153 units last month against 23,880 units in February 2025, the company said, adding exports ...

Affordability keeps ICE relevant as buyers warm to hybrids: Study

Hybrids emerge as the preferred bridge technology as most buyers stay price-conscious, favour lower EMIs and take a cautious view on full electrification

Auto industry growth likely to be 3-6% in FY27 as high base kicks in: Icra

Ratings agency says elevated growth in FY26 will give way to moderation next fiscal as higher base and normalising demand temper volumes across PV, two-wheeler and CV segments

Mahindra Q3 result: PAT up 47% at ₹4,675 cr on highest quarterly revenue

Mahindra & Mahindra reports 47 per cent rise in Q3FY26 net profit to Rs 4,675 crore on record revenue; gains market share in SUVs and LCVs, tractor share steady