Automobile Industry

Hyundai Motor India Q2 profit falls 23.9% as raw material costs rise

Hyundai Motor India's Q2FY27 net profit fell 23.9 per cent to Rs 1,196 crore as rising raw material costs and higher employee expenses offset an 18.5 per cent increase in revenue.

Car inventory levels lower this festival season amid rising demand

The gap between car wholesales and retail registrations narrowed 45% Y-o-Y in September, as strong festive demand kept dealer inventories lower than last year despite increased dispatches.

Renault CEO sees strong hybrids matching CNG's market share in India

Stephane Deblaise expects strong hybrids to gain ground as Renault expands its SUV portfolio, introduces new powertrains and targets double-digit annual sales growth

Stellantis to invest ₹4,000 crore, launch 12 products in 3 years

The automaker plans seven all-new models and five major upgrades across Jeep and Citroen, aiming to triple annual sales to about 45,000 units within three years

Auto revenue seen rising up to 28% in Q2; input costs may squeeze margins

Q2 results preview: Volume-led sales growth may outpace profits

Shipping disruptions may make price hikes inevitable: Volvo Cars India MD

Volvo Cars India may raise vehicle prices as geopolitical disruptions push up shipping costs and delay components, even as the carmaker launches its flagship EX90 electric SUV.

Gabriel India forms joint venture with Forvia for advanced seating systems

The joint venture, Faurecia Anand Seating India, will combine Forvia's seating technology with Gabriel India's manufacturing capabilities to serve Indian automakers.

TVS ASL raises ₹425 crore from Crescent Enterprises in Series D round

The investment will support myTVS' growth in India and expansion into international markets, initially focusing on opportunities across the Middle East and North Africa

CAFE III: Hastening slowly

The norms do not accelerate the needed transition

CAFE-III norms locked, may make EVs cheaper but ICE vehicles costlier

Threefold sales weightage for battery EVs could encourage affordable models, while carmakers may price some higher-emission petrol and diesel vehicles higher to meet targets

Carmakers may get more design freedom with easing of technical requirements

MoRTH is considering easing technical requirements for four passenger-car components, potentially giving automakers greater design flexibility and reducing testing and homologation costs.

Mahindra expects Thar, Thar Roxx volumes to rise at least 10% in 12 months

Mahindra has raised monthly capacity for the Thar and Thar Roxx to around 11,000 units and built more than 30 days of inventory ahead of the festive season

One year of GST 2.0: Bharat shines, small car sales revive in auto sector

According to Fada, most of the revival happened in small-car sales due to better-performing rural markets

Goyal warns auto firms against nominal localisation, govt tracking data

Commerce minister says government will use company-wise import-export data and IEC numbers to assess genuine localisation and map automotive supply ecosystems

TVS Motor brings the curtain down on the 'K N Radhakrishnan era'

After 18 years at the helm, K N Radhakrishnan's exit marks the end of an era at TVS Motor, which he helped transform into a global two-wheeler powerhouse

35 years of liberalisation: From Detroit of Asia to Chennai for the World

Three decades after liberalisation transformed its auto industry, Chennai has built a deep manufacturing and talent ecosystem and is emerging as a global hub for vehicles, components and EVs

Govt halves e2W subsidy to ₹5k, extends PM E-DRIVE scheme till March 2028

Electric 2-wheeler incentive halved to ₹2,500/kWh, capped at ₹5,000 per vehicle; overall scheme outlay remains unchanged at ₹11,900 crore

'Will be shortsighted to make big price increases due to West Asia war'

Maruti Suzuki Chairman R C Bhargava questioned the relevance of mandatory vehicle-to-vehicle communication norms, saying India's diverse driving conditions require differentiated standards

Kia India's July sales up 27.4 pc at 28,200 units, led by Seltos and Sonet

Automaker Kia India on Saturday reported a 27.4 per cent rise in wholesale dispatches at 28,200 units in July 2026 as compared to 22,135 units in the same month last year. This marks Kia India's best-ever July wholesale performance since inception, the company said in a statement. "Our best-ever July wholesale performance reflects the continued trust of our customers and the strong acceptance of Kia's diverse product portfolio. Building on our record H1 performance, we have maintained healthy momentum across key segments," Kia India Senior Vice President, Sales & Marketing, Atul Sood, said. The company said July sales were on the back of continued momentum driven by Seltos and Sonet, supported by sustained demand for Carens Clavis, Clavis EV, and MY26 Syros.

Auto stocks in fast lane; Hyundai, Ashok Leyland, TaMo CV soar up to 9%

Auto stocks in demand: BSE Auto index rose 2 per cent, and quoted nearly its all-time high of 64,584 hit on January 1, 2026.