Page 3 - Auto Sector

Exide Q4FY26 result: Profit rises 22.7% to ₹312 crore on auto demand

The company's standalone profit after tax rose to ₹312 crore ($32.8 million) in the quarter ended March 31, from ₹255 crore a year earlier

Auto industry faces ₹25k cr hit on profits due to end-of-life vehicle rule

The Indian automobile industry is staring at a hit of about Rs 25,000 crore on bottom line for FY26 with the Environment Protection (End-of-Life Vehicles) Rules 2025 triggering an accounting standard clause that requires automakers to make budgetary provision for environmental compensation for vehicles sold in the past. According to industry executives, an "innocuous looking" clause in the Environment Protection (End-of-Life Vehicle) Rules, 2025 notified by Ministry of Environment, Forest and Climate Change, in January 2025 has spooked automakers after their auditors flagged the magnitude of its ramifications. The "Rule 4 (6)" of the January 2025 notification states, "In case the producer stops its operations, the producer must comply with its Extended Producer Responsibility (EPR) in respect of vehicles already made available in the market till closure of operations..." "This rule triggers accounting standard IND AS 37, ' Provisions, Contingent Liabilities and Contingent Assets', .

Domestic passenger vehicle wholesales rise 27% in spite of West Asia war

Passenger vehicle sales surge year-on-year to about 450,000 units in April, driven by GST cuts, tax relief and rural demand, even as West Asia conflict poses risks

Global auto industry facing demanding environment, says OICA president

The global automotive industry is facing a demanding environment due to factors such as uncertainty linked to trade tensions, supply chains and energy prices, according to International Organisation of Motor Vehicle Manufacturers (OICA) President Shailesh Chandra. Speaking at the launch of OICA's Global Automobile Industry's annual sales data at the sidelines of the Beijing Motor Show, he said technological change, geopolitical pressures and diverging public policies are reshaping the global automotive industry. Although there is growth in the automotive industry globally, it is distributed with some regions witnessing growth while others declined, Chandra, who is also the President of Society of Indian Automobile Manufacturers (SIAM) and Managing Director & CEO, Tata Motors Passenger Vehicles Ltd, said. In 2025, global automobile production of passenger vehicles, trucks and buses rose to 9.64 crore units from 9.27 crore units in 2024, an increase of 3.9 per cent, he said. On the .

Maruti Suzuki Q4 results: Net profit falls 6.4% amid higher input costs

Higher input costs and mark-to-market impact weigh on Maruti Suzuki's Q4 profit despite strong sales growth, with company maintaining cautious outlook on demand

Mahindra ranks 25th in top 100 valuable global auto brands: Report

Eight Indian auto brands feature in global top 100, with Mahindra leading at 25th as strong SUV demand, EV push and global expansion drive rising brand value

Q4 results preview: Automakers may report strong volume-led growth

Auto companies are likely to post strong volume-led growth in Q4FY26, but rising input costs and commodity inflation are beginning to weigh on margins across segments

Renault group gears up for expansion in India; 7 launches by 2030

Renault plans seven new models and €2 billion exports by 2030, aiming to make India one of its top three global markets with a 5 per cent market share target

Volkswagen bets on pricing, buyback as Taigun starts at ₹10.99 lakh

Volkswagen India launches updated Taigun at Rs 10.99 lakh, introduces a buyback programme and adds features to attract buyers amid rising competition in the compact SUV segment

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