Automobile Industry

Nifty Auto index rallies 2%; Tata Motors PV, M&M, Eicher surge up to 3%

Key trigger: Brent Crude prices have declined to $73/barrel, to almost its lowest since start of the US Iran war on February 28, 2026.

Auto launches delayed despite heavy investments in digital tech: Report

Vehicle launches are running 9-15 months behind schedule despite significant spending on digital product development tools, according to a Vector Consulting Group study

Small cars, SUVs drive passenger vehicle sales to record high in May

Scooters powered highest-ever 2W volumes, shows Siam data

Carmakers embrace price hikes to offset rising input, manufacturing costs

Automakers are increasingly opting for smaller, more frequent price increases to offset rising input and manufacturing costs, rather than implementing annual hikes

BMW Group India to hike prices by up to 2% across portfolios from July 1

German luxury car maker BMW Group India on Monday said it will increase prices by up to 2 per cent across its entire BMW and MINI vehicle portfolios with effect from July 1. The price hike will be applicable across locally-produced as well as completely-built-up BMW and MINI brands, the company said in a statement. "To protect our premium standards against macroeconomic headwinds -- specifically rupee depreciation and escalating logistics costs -- we are introducing a price increase of up to 2 per cent across our portfolio, effective July 1," said Hardeep Singh Brar, President and CEO, BMW Group India. BMW India's range of locally produced cars includes the 2 Series Gran Coupe, 3 Series Long Wheelbase, 5 Series Long Wheelbase, 7 Series, X1, X3, X5, X7, M340i and iX1 Long Wheelbase models. Besides, it also offers i5 M60, i7, i7 M70, BMW iX, M440i Convertible, M2 Coupe, M4 Competition, M5 and XM as completely built-up units (CBU).

High petrol prices give EV shift fresh charge, Fada sees record adoption

EV penetration across segments touched an all-time high of 11% in May, compared with around 7% for the full FY 2025-26

India's auto retail sales rose 9.55% to record 2.531 mn units in May: Fada

The total automobile retail sales in India registered an on-year growth of 9.55 per cent to a record 25,31,067 units in May despite fuel-price revision, the Federation of Automobile Dealers Associations said on Monday. The cumulative automobile retail sales in India stood at 23,10,451 units in the same month last year. The retail sales performance reflects all-time best May for three-wheelers, passenger vehicles and tractors -- a strong outcome for what is seasonally a lean month. Dealers reported a visible rise in enquiries for fuel-efficient and alternative-powertrain options, reflected in the two-wheeler EV share climbing to 9.25 per cent from 6.11 per cent a year ago. According to data released by FADA, Passenger vehicles (PV) retail sales were at a record 4,02,591 units last month as compared to 3,26,656 units in May 2025, a growth of 23.25 per cent. Two-wheelers also clocked best-ever monthly numbers at 18,44,947 units in May this year as compared to 17,15,581 units in the

Auto firms seek fixed forex rates for DVA compliance under PLI scheme

To qualify under the ₹25,938 crore auto PLI scheme, a vehicle model's import content must be restricted to 50 per cent, meaning less than half of its value (in rupee terms) can be imported

Maruti launches recurring deposit loan scheme for small car-buyers

Maruti Suzuki's new RD-backed auto loan scheme helps buyers build a down payment while enabling lenders to assess repayment discipline before loan disbursal

Auto stocks to buy: Analysts back Maruti, TVS, M&M, TaMo after May sales

May 2026 auto sales show strong PV and tractor demand but softer 2W and CV trends. Analysts favour Maruti Suzuki, TVS Motor, M&M and Tata Motors

West Asia conflict fails to slow passenger vehicle sales; up 25% in May

Maruti Suzuki India (MSIL), India's largest carmaker, saw its domestic sales grow 40 per cent Y-o-Y to 190,337 units

Red tape redux: Automakers see red as PLI scheme paperwork multiplies

Automakers flag new export certification rules under the PLI scheme, saying added compliance burdens risk undermining ease-of-doing-business goals

Hyundai Motor India hikes vehicle prices by ₹12,800 on rising input costs

Hyundai Motor India Ltd (HMIL) on Wednesday said it will hike prices of its vehicles by up to Rs 12,800, depending on the model and variants. The price revision is attributed to a combination of various cost escalations, it added. This is in continuation of HMIL's announcement on April 8, 2026, when the car maker in a regulatory filing announced a 1 per cent hike across its portfolio from next month, citing various cost escalations, effective next month. "The extent of price increase is up to a maximum of Rs 12,800, and it will vary depending on the model and variant," said HMIL in a statement. The price increase has been necessitated due to rising input costs, increased commodity prices and higher operational expenses, among other reasons, it said. "While the company continuously strives to optimise costs and minimise the impact on its customers, the company is constrained to pass on some of the increased costs to the market through this nominal price increase," said HMIL.

50% older petrol vehicle owners report mileage drop after E20, finds survey

A recent LocalCircles study found that 29 per cent of petrol vehicle owners also faced unusual engine wear and tear as India pushes ahead with higher ethanol fuel blends beyond E20

India to drive Hyundai Motor's global production, export road map

Hyundai Motor India plans to cross 1 million units of production capacity by FY28, with Chennai playing a central role in exports and new model launches

Automakers ramp up production with dispatches, exports powering FY27

PV production trails dispatch growth, signaling inventory normalisation; 2W and 3W exports rebound

Auto sales raced to record 2.61 million units in April: Fada data

GST 2.0 boost and rural tailwinds kept growth on track

Retail auto sales rise 12.9% in April to record 2.61 million units: Fada

Total automobile retail sales in India grew by 12.94 per cent with a record 26,11,317 units in April as compared to 23,12,221 units in the same month last year, making a bright start to the new fiscal, Federation of Automobile Dealers Associations said on Tuesday. Sustained tailwinds from GST 2.0 affordability gains, RBI's supportive rate stance, healthy rural cash flows post a strong rabi cycle and an extended marriage season helped the industry post a robust performance, Federation of Automobile Dealers Associations (FADA) said in a statement. Passenger vehicles (PV) retail sales were at a record 4,07,355 units last month as compared to 3,63,028 units in April 2025, a growth of 12.21 per cent, it added. Two-wheelers also clocked best-ever monthly numbers at 19,16,258 units in April this year as compared to 16,95,638 units in the same month a year ago, at a growth of 13.01 per cent, it added. FADA further said three-wheeler sales stood at 1,06,908 units last month as compared to .

Stellantis India hits 50,000 vehicle milestone at TN manufacturing unit

Stellantis India marks the rollout of its 50,000th vehicle from the Thiruvallur plant, underlining India's role in global manufacturing, exports, and engineering excellence

India's car market flips from glut to constraint, shows Fada data

Passenger vehicle demand outstrips supply in FY26, tightening inventories and extending wait times as automakers struggle to match strong retail momentum