Takeuchi cited Suzuki Motor Corporation's decision to produce its first global electric vehicle, the e-VITARA, in India as evidence of the country's rising status in world markets
Auto industry bodies on Friday stressed on the need for closer cooperation with the government to secure critical raw materials such as rare earth magnets, and technologies amid shifting geopolitical alignments and evolving trade agreements. The industry has a shared resolve to transform challenges into opportunities and position India as a reliable and competitive global hub for mobility components while navigating geopolitical challenges, creating a resilient automotive supply chain in India, ACMA President Shradha Suri Marwah said. In her address at the annual session of Automotive Component Manufacturers Association of India (ACMA), she said, "Critical raw materials, the availability of rare earth magnets, semiconductors and battery inputs is becoming a strategic issue that requires national focus." Marwah further said,"We stand at crossroads where opportunities are immense but challenges are daunting to allude to, some of them, geopolitical volatility, trade wars, tariff ...
PM Modi asked the automobile industry to align with sustainable mobility and global leadership in green transport, stressing self-reliance across the value chain
The recent reduction in GST rates on automobiles will inject fresh growth momentum into the Indian automotive sector, make vehicles more affordable and enable broader access to personal mobility, industry body SIAM said on Thursday. Addressing the annual convention of the auto industry body, Society of Indian Automobile Manufacturers (SIAM) President Shailesh Chandra also welcomed the government's move to "suitably amend some of the procedural issues which would greatly help in supporting the ease of doing business". "The automobile industry is immensely grateful to the government of India for the recent landmark decision to reduce GST rates on vehicles, which will bring renewed cheers to consumers and inject fresh growth momentum into the Indian automotive sector," Chandra said. He further said, "Making vehicles more affordable, particularly in the entry-level segment, it will significantly benefit first-time buyers and middle-income families, enabling broader access to personal ..
BSE Ltd's measure of 20 auto firms has added about $33 billion in market value since August 15 when Prime Minister Narendra Modi first announced the government's plan to lower goods and services tax
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 stocks - Maruti, Mahindra & Mahindra and Hyundai Motor were in focus on Monday amid price cut buzz on lower GST rates, and have gained up to 49% in FY26. Here's a technical check on auto shares.
Vietnam's VinFast debuts in India with two electric SUVs, VF6 and VF7, while also unveiling plans for e-buses, two-wheelers, charging stations, and smart cities
Nomura expects the GST cut to spark a volume surge of 5-10 per cent across categories, with passenger vehicles (PVs) and two-wheelers leading the growth.
Two-wheeler sales in August 2025 rose for Royal Enfield, TVS, Hero and Suzuki, while Bajaj and Honda reported declines, with festive demand and GST reforms set to boost outlook
The 56th GST Council meeting on September 3-4 may decide on rate rationalisation, tax cuts on essentials, and compensation measures for states. All you need to know
Kotak Institutional Equities believes multiple government initiatives, including potential Goods and Services Tax (GST) cuts, will drive auto demand
In the past five trading days, Ola Electric has outperformed the market by surging 26 per cent, as compared to 1.7 per cent decline in the BSE Sensex.
Brokerages see repo and CRR rate cuts, along with a likely GST rate reduction as key triggers
Mahindra & Mahindra stock was the top loser among the BSE Sensex, and the BSE Auto index in intra-day deals on Friday owing to profit-taking at the counter.
India and Mexico attracted the most auto projects in H1 2025, though global investment value nearly halved, reflecting EV policy uncertainty and shifting supply chain strategies
According to Motilal Oswal Financial Services Research, the the medium-term outlook for global automotive engineering research and development sector remains robust
Festival offers are already running with benefits between ₹1.5 lakh and ₹2 lakh on some models
Says that battery localisation remains a challenge
Going ahead, brokerages expect pressure on margins due to demand pressures and increased costs