Automakers

VECV names B Srinivas MD; Vinod Aggarwal to take over as chairman

VE Commercial Vehicles appoints B Srinivas as managing director and CEO from April 1, while Vinod Aggarwal transitions to chairman after leading the company for nearly two decades

M&M: No official word from Indonesia on any suspension of vehicle orders

Mahindra said it has received no intimation from Indonesian authorities about suspending its vehicle imports, clarifying a media report and reaffirming its 35,000-unit export order

Mercedes-Benz turns to localisation to lower luxury vans' entry price

Mercedes-Benz has localised assembly of V-Class in India, bringing its entry price to ₹1.4 cr, reducing dependence on costly imports, as the company repositions the van within its top-end portfolio

CAQM panel may set annual EV sales targets for automakers in Delhi-NCR

The CAQM's expert committee is examining mandatory annual EV sales targets for automakers in Delhi-NCR, with thresholds rising each year towards a phased shift to 100 per cent electric vehicle sales

BEE mulls tough norms as six major carmakers meet emission targets

After six major carmakers comfortably met CAFE-2 emission targets for FY24 and FY25, BEE is considering tougher, annually tightening CAFE-3 norms, though the industry favours a single target

Nissan targets 100k exports in FY27 as part of renewed India growth plan

Nissan aims for 100,000 exports and 100,000 domestic sales in FY27 as it launches three new locally built models and leverages India's FTAs to strengthen its global supply base

Mahindra LMM bets on e-autos as Udo launch targets next EV growth phase

LMM expects the electrification rate among three-wheelers to rise to 55-60 per cent by 2030 from 35 per cent at present

'Japanese automakers explore ties with Shriram after MUFG investment'

Since the deal was announced, MUFG has fielded calls from automakers seeking to grow sales, for instance by offering preferential financing through Shriram

India-EU FTA: Large market opens up, says Maruti Chairman RC Bhargava

India-EU FTA opens a large European market for Indian-made small cars, with duty cuts boosting exports and giving carmakers like Maruti Suzuki a cost advantage

With fresh tariffs, US automakers' foreign troubles extend to Canada

General Motors and Ford Motor - the two largest US-based car manufacturers - have been steadily losing customers in Asia, Europe and Latin America, as Chinese carmakers have gained ground

Carmakers gearing up to hit refresh button as facelifts take priority

Planning mid-cycle facelifts over new launches

High-end car sales dip in China, taking toll on European automakers

Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort. That is bad news for European carmakers like Porsche, Aston Martin, Mercedes-Benz and BMW that have long dominated the upper reaches of the world's largest auto market. A slowing economy hits the luxury market --------------------------------------------- A prolonged property downturn in China has left many consumers with little appetite for big purchases. Meanwhile, the well-to-do are becoming increasingly shy about publicly displaying their wealth, said Paul Gong, UBS head of China Automotive Industry Research. Many car buyers have been swayed by a 20,000 yuan (USD 2,830) trade-in subsidy offered by the Chinese government for purchasing electric and plug-in hybrid vehicles. People tended to purchase cheaper, entry-level cars where the discount will count more and those cars are mostly .

Mexico's steep tariff hike to hit $1 billion in Indian auto exports

The import duty on cars will rise to 50 per cent from 20 per cent, dealing a significant blow to India's largest vehicle exporters to Mexico including Volkswagen, Hyundai, Nissan and Maruti Suzuki

Past gets a second drive as Indian carmakers revive legacy nameplates

Indian automakers are reviving legacy nameplates to leverage brand recall and stand out in a crowded market, as classic badges like Sierra, Safari, Baleno and Scorpio return to attract buyers

Carmakers report strong November sales growth on GST-driven demand surge

Market leader Maruti Suzuki reported a 21 per cent year-on-year rise in domestic sales, driven by sport utility vehicles as well as small cars like Alto

Auto rally doesn't downshift as Q3 outlook stays steady on firm demand

Strong order books keep automakers driving past slowdown fears

GST 2.0, customs reforms to boost Indo-Japan auto ties and EV push: Report

Significant regulatory transformations such as GST 2.0 and progressive customs reforms are likely to accelerate investment flows, promote EV adoption, and drive the next wave of Indo-Japan collaboration in clean mobility and advanced manufacturing, according to a report. With USD 43.3 billion in cumulative investments, Japan is India's fifth-largest foreign investor. A deeper utilisation of the Indo-Japan FTA will be key to driving competitiveness, enabling technology transfer, and advancing India's journey toward a sustainable, innovation-led automotive future, Grant Thornton Bharat and the Indo-Japan Chamber of Commerce and Industry (IJCCI) said in a joint whitepaper. "The convergence of GST 2.0 and targeted customs incentives marks a defining moment for India's automotive sector. Reduced tax rates, simplified compliance, and supply-chain-focused exemptions will not only elevate India's cost competitiveness but also strengthen its positioning as a manufacturing and export hub for .

What are CAFE norms and why are small carmakers worried about them?

While India's CAFE formula resembles the European Union, it lacks any adjustments for protecting small cars

Hitting a speed bump: Carmakers raise concerns over EV scheme rules

Automakers told the Heavy Industries Ministry that high investment thresholds, tough localisation rules, and pending India-EU FTA talks are deterring participation in the EV promotion scheme

Toyota to launch 15 new models in India, targets 10% market share by 2030

There are likely to be at least two new SUVs from Toyota's own brand, which will be designed to take on leading SUV-makers like Mahindra & Mahindra and Hyundai Motor