Page 4 - Auto Sector

Musk & Mumbai debut: EV maker Tesla to open first India store on July 15

Tesla will compete with its Chinese rival BYD, as well as domestic major Tata Motors in the Indian market

Rare-earth magnet crisis a wake-up call for auto parts makers: Acma

ACMA highlights the vulnerability in India's auto component supply chain following China's rare earth magnet curbs, urging rapid localisation to mitigate risks

Steep car discounts mark H1, two-wheeler sales hold firm in rural India

Passenger vehicle makers are offering deep discounts to clear unsold 2024 stock, while two-wheeler companies stay cautious amid steady demand and manageable inventories

Saurabh Vatsa to take charge of Nissan India commercial ops in reshuffle

Nissan Motor India is gearing for at least three new vehicle launches between 2026 and 2027

Auto sector seeks full CAFE exemption for N1 light commercial vehicles

SIAM cites affordability, weak sales, minimal emissions and regulatory overload as reasons to exempt N1 segment from stricter fuel efficiency rules from April 2027

Nifty Auto sees Golden Cross, 5 stocks with similar patterns; how to trade?

MRF, TVS Motor, Tata Motors, Maruti, Mahindra & Mahindra and Ashok Leyland from the Nifty Auto index have witnessed a 'Golden Crossover' in recent months; here's a detailed outlook.

Bank credit growth slows to 9.8% in May as NBFC, retail lending dips

Bankers said besides subdued activity in the first quarter, the slowdown could be attributed to a high base effect and muted growth across segments, including retail

Nuvama sees mixed June auto sales; two-wheelers, tractors to outperform

Analysts cite rural demand and the ongoing marriage season as key drivers supporting two-wheeler and tractor volumes, while subdued consumer sentiment and conversion delays are likely to weigh on PV &

The times, they are a-changing: Anand Mahindra flags geopolitical flux

Mahindra likens global flux to Samudra Manthan and urges Indian industry to embrace innovation, invest in manufacturing, and act swiftly to capture supply chain realignment

Tata Motors plans new Ace diesel variant without DEF, targets SCV recovery

Tata Motors plans to reintroduce its Ace diesel mini-truck without SCR tech to reduce total cost of ownership, while expanding rural presence with Intra range

Jeffrey Mark Overly appointed new chairman of auto parts maker Sona Comstar

Overly, an independent director since 2021, brings over four decades of global manufacturing experience to the role following the passing of former chairman Sunjay Kapur

85% of 2Ws to be impacted on ABS rule; Hero MotoCorp most exposed: Nomura

Nomura said Hero MotoCorp will be hit hardest, with 99 per cent of its sales from sub-125cc bikes. Honda India follows at 89 per cent, TVS Motor at 86 per cent, and Bajaj Auto at 72 per cent.

Indo-Pak conflict: FMCG sales soar, auto sector hit in border areas in May

Border tensions in May triggered panic FMCG buying and a dip in vehicle, fuel and cinema sales in Rajasthan, Punjab, Gujarat and J&K, with uneven recovery across sectors

RBI cuts repo, CRR: 5 rate sensitive stocks to buy with up to 26% upside

HDFC Bank, Bajaj Auto, Eicher Motors, L&T Finance and Prestige Estates can potentially rally up to 26% from present levels, indicate technical charts.

Classic Legends targets FY26 profitability with new launches, expansion

Classic Legends is betting big on product innovation, network expansion, and exports to achieve profit before tax (PBT)-level profitability by FY26, said a senior company executive

Bajaj Auto's premium segment revival needs more than just a kickstart

KTM's tune-up will decide whether automaker can regain its premium balance

Not leaving India, will launch 3 models by early 2027, says Nissan

Vatsa said Nissan is sticking to its plan of launching three new models by early 2027

In the works: Motherson Group's offer to acquire Marelli Holdings

Indian group's offer to be placed before lenders on Monday

BMW India Guarantees Price Protection for UK-Imported MINI Cooper S

Luxury automotive group BMW is offering a price protection assurance program to Indian customers looking to buy MINI 3-Door Cooper S model produced at its Oxford plant in the UK, amid anticipated duty cuts in the wake of India-UK FTA pact, a top company official said on Friday. BMW Group India will pass on the benefits of any price reduction in the near future on MINI 3-Door Cooper S model under a limited period offer covering cars bought from now onwards till the next 180 days, its President and CEO Vikram Pawah told PTI. He said while the government has announced that the negotiations of the India-UK FTA pact are final, the details are awaited, which has created uncertainty in the minds of customers looking to buy the MINI 3-Door Cooper S model, which is powered by a petrol engine. "We have been getting calls from customers as to what the impact is, because MINI 3-Door Cooper S is coming from the UK, what will happen, whether they should buy now or not," he said. In order to ...

Lumax Auto to acquire remaining 25% stake in IAC India for Rs 221 cr

LATL will acquire full control of IAC India by 31 May for Rs 221 crore, strengthening its position in EV interiors and aiming for post-merger synergies and growth