Page 6 - Auto Sector

HMIL signs MoU with IOC to explore mass use of hydrogen fuel cell vehicle

As a part of the MoU, the South Korean carmaker has handed over one Hyundai Nexo - a hydrogen fuel cell electric vehicle - to Indian Oil for conducting real-world tests on Indian roads

Not just Ashneer Grover: BluSmart had Dhoni, Deepika Padukone as investors

A number of celebrities and high-profile investors, including MS Dhoni, Deepika Padukone, Sanjeev Bajaj, and Ashneer Grover, had backed the EV startup now under Sebi scrutiny

Commercial vehicle sales may touch 1 mn mark in FY26 after 7 yrs: Crisil

LCVs to account for 62% of volumes

Nifty Auto rises 3.4% as Trump hints at tariff exemption for auto imports

After Trump announced sweeping tariffs on April 2, the Nifty Auto index had dropped over 10 per cent.

Auto launches may jump-start Q4FY25 revenue, but margins could stall

Richer product mix to drive Ebitda growth; margins under pressure due to rising input costs, discounting, ad-spends

NITI Aayog calls for reforms to treble auto parts exports in five years

The report envisions India advancing to approximately $145 billion in automotive component manufacturing by 2030

RBI rate cut will benefit auto sector, create positive sentiment: SIAM

Automotive sector will benefit from the Reserve Bank of India cutting the key interest rate by 25 basis points as it will decrease financing costs and create positive sentiments in the market, the Society of Indian Automobile Manufacturers said on Wednesday. The Reserve Bank of India (RBI) cut interest rates for a second consecutive time by cutting the repurchase or repo rate by 25 basis point to 6 per cent. It had reduced rates by an equal measure in February -- the first cut since May 2020. The move lowers borrowing costs to the lowest level since November 2022, amid easing inflation and a fall in oil prices. Reduction in rates at this time would have a positive impact on the auto sector, Society of Indian Automobile Manufacturers (SIAM) President Shailesh Chandra said in a statement. Chandra, who is also Managing Director of Tata Passenger Vehicles Ltd & Tata Passenger Electric Mobility Ltd, further said, "It will increase accessibility by reducing the financing costs, thereby .

Digital shift, women steer used-car market growth, says Spinny report

The report revealed that 77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases

Warning lights flash for ER&D companies as auto sector runs low on fuel

ER&D downshifts on weak Q4, gloomy 2025; more downgrades loom

US tariffs not priced in yet; Nifty may hit 26,000 by March 2026: Emkay

Emkay analysts believe a possible US recession from tariffs could reduce Nifty's FY26 earnings by 3 per cent, potentially derating the index to 21,500 in the near-term.

Trump auto tariffs will hit India but it won't be a 'tsunami': Here's why

Industry observers say the tariff impact on Indian auto sector would be minimal, though some impact could be seen on auto component industry

Tata Motors, Motherson Sumi, others slip upto 7.5% on Trump 25% auto tariff

The fall in auto stocks came after the US President Donald Trump, on Wednesday, announced that he would impose a 25% tariff on all cars imported into the US that are not manufactured domestically

Uno Minda, Motherson Sumi, M&M: Top bets by Nuvama ahead of March'25 sales

According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market

Passenger vehicles record best February sales as 2Ws continue to skid

According to data released by the Society of Indian Automobile Manufacturers (SIAM), PV wholesales reached an all-time high for February, hitting 377,689 units, a 1.9 per cent increase from the same m

Weak earnings, tougher financing norms drive auto retail sales down

PVs dip 10% in Feb; M&M breaks into number two spot for first time

Kinetic's EV component biz will be up to Rs 1.5K cr in 4 years: Firodia

Firodia talked about his plans for the EV-components business, and the components business at large for the group

Renault beats profit forecast in 2024, warns on EU emissions rules

The company, one of the few in the sector to have maintained its targets last year, reported operating profit of 4.3 billion euros ($4.49 billion), up 3.5 per cent on the previous year

The Future of Mobility & AI | Manager’s Mantra ft. Zoomcar CEO

The mobility industry is evolving fast, and AI is playing a game-changing role! In this episode of Manager’s Mantra, we discuss all of it with Hiroshi Nishijima, CEO of Zoomcar.

Auto exports jump 40% in Jan; domestic dispatches in PVs, 2Ws remain flat

On the export front, car exports saw nearly a 13 per cent drop year-on-year (Y-o-Y), while utility vehicle (UV) exports went up by around 61.5 per cent in January

Inside the collapse of Nissan and Honda's $60 billion automotive mega deal

In December, Nissan and Honda announced plans to merge, an outgrowth of talks they had been holding since March 2024, when they said they were looking to cooperate on technology