Page 6 - Auto Sector

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

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