Page 6 - Auto Sector

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

Belrise eyes four-wheeler, CV push ahead of ₹2,150-cr IPO on May 21

Belrise Industries, dominant in two-wheeler components, plans to expand into CVs and four-wheelers as it raises ₹2,150 crore through an IPO opening on May 21

India-UK FTA: Automobile stocks up after the signing of trade deal

The auto-component industry which exports around $757 mn worth of parts to that country may benefit from the trade deal

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