Page 2 - Automobile Industry

Bajaj Auto pips TVS in October to top electric two-wheeler market

At the third spot is Ather Energy, which is in a fierce battle with the incumbent competitors to challenge their position

Hyundai India Q2 preview: Margins seen rising on richer mix, cost control

On the bourses at 2:05 PM, Hyundai Motor India share price was trading 1.31 per cent higher at 2,302.50. By comparison, BSE Sensex was trading 0.48 per cent lower at 84,370.08 levels.

CarTrade Tech zooms 209% in 1 year; stock skyrockets 782% in 31 months

Shares of CarTrade Tech hit a new high of ₹3,008.95, soaring 13% on the BSE in Tuesday's intra-day trade after the company reported its highest-ever quarterly revenue and PAT for Q2FY26.

Hyundai India names Sunil Moolchandani as new national sales head

With over two decades in the automotive sector, Sunil Moolchandani will lead Hyundai Motor India's national sales strategy, dealer performance, and market expansion efforts

India's auto deals hit $4.6 bn in Q3, driven by outbound M&A, EV growth

Excluding the Tata Motors transaction, deal values fell 36 per cent quarter-on-quarter (Q-o-Q), indicating that large strategic bets continue to drive overall momentum

Dhanteras engine fires up auto market: Over 100K cars delivered in 24 hours

GST 2.0, small-car revival accelerate biggest single-day PV sales in history

Auto shares in demand; TVS Motor hits new high, M&M, Eicher rally 2%

At 10:19 AM; BSE Auto index and Nifty Auto index, the top gainers among sectoral indices, were up 1.3 per cent each, as compared to 0.5 per cent rise in the BSE Sensex and Nifty 50.

Hyundai Motor lines up ₹45,000 cr investment in India: 26 launches in 2030

Hyundai plans 26 launches, including seven new nameplates and India's first locally made electric SUV by 2027, as part of its Rs 45,000 crore growth roadmap

This is the start of Hyundai India's next phase of growth: Tarun Garg

Hyundai veteran Tarun Garg will succeed Unsoo Kim as MD & CEO from Jan 1, 2026, marking a new chapter in the automaker's India journey

Electrifying shift: Hatchbacks to luxury wheels, India's EV moment is here

As EV market matures, Indian consumers now have clear choices across budget, mid-range, and premium segments - and the first Tesla buyer in the country signals that aspiration has joined affordability

Fewer variants, lower prices: Tata Motors reworks Harrier, Safari strategy

Company executives added that the Adventure X trims are expected to lift sales volumes, though average selling prices may soften compared with last year, when demand was led by high-end variants

Tata Motors records best-ever monthly sales at 60,907 units in September

Tata Motors on Wednesday reported its best-ever monthly passenger vehicle sales of 60,907 units in September, a year-on-year increase of 47 per cent, due to the GST rate cut and higher demand during the Navratri festival. The Mumbai-based auto major reported vehicle wholesales of 41,313 units in September 2024. In the domestic market, the company said, its dispatches to dealers rose 45 per cent to 59,667 units against 41,063 units in the year-ago period, Tata Motors said in a statement. "The passenger vehicles industry marked a sharp upswing in demand during September 2025, following the rollout of GST 2.0, further buoyed by festive tailwinds. This surge in demand sets a promising tone for sustained growth in the months ahead," Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said. For the company, September 2025 emerged as a watershed month with sales of 60,907 units, the automaker's highest ever, marking a substantial 47 per cent year-on-year growth, he added. "

Tesla India begins Model Y deliveries, offers free home charging setup

Tesla India on Monday said it has commenced deliveries of Model Y after introducing the model in July this year. Within two months, the company has started the deliveries of the Model Y; this marks a significant step forward and creates a new chapter in electric vehicle ownership and sustainable development in India, the American electric vehicle maker said in a statement. New Model Y owners will be provided with a complimentary wall connector, allowing convenient installation in their parking space for easy home charging, it added. The redesigned Model Y, the world's best-selling electric vehicle in 2023 and 2024, is available in two trims: rear-wheel drive and long-range rear-wheel drive, which provide 500 km and 622 km (WLTP) range, respectively, the company stated. Tesla said it will also start deliveries for Long Range Model Y customers soon. The company had opened its first experience centre in Mumbai in July followed by second experience centre in Delhi at Aerocity in Augus

Widespread adoption of e-trucks in India likely in 2 yrs: Vellayan Subbiah

Montra Electric launches its heavy-duty Rhino 5538 with battery swapping, as Vellayan Subbiah forecasts 70% truck electrification in India within a decade

Govt issues guidelines to set up EV charging stations under PM E-DRIVE

Guidelines issued for rollout of 72,300 EV charging stations with ₹2,000 cr outlay under the ₹10,900-cr PM E-DRIVE scheme, aimed at boosting infrastructure and adoption

Auto firms tap digital universe, coaching staff to steer leads to showrooms

OEMs, too, are investing in dealer training and working to filter digital leads, besides using artificial intelligence (AI) tools to ensure better conversions

Delhi govt working on formulating model EV policy, says CM Gupta

Delhi Chief Minister Rekha Gupta announced on Thursday that the government is working on a new model Electric Vehicle (EV) Policy and affirmed that all public transport vehicles will be electric by the end of 2026. Speaking at an event organised by The Society of Indian Automobile Manufacturers (SIAM), Gupta emphasised that drivers are responsible for accidents. "Accidents happen every minute, every hour. Vehicles are not to blame; it is the drivers. We need to change the Indian mindset. Many take pride in not wearing seat belts. There must be stricter enforcement of traffic rules. If you fear breaking traffic laws abroad, you should not be allowed to break them here," she stated. Gupta urged people to adhere to traffic rules "not for the sake of the government, but for their own safety." She acknowledged the persistent legacy issues in Delhi, such as garbage mountains, traffic congestion, and pollution, and assured that the government is addressing these problems. "We can give yo

US tariffs to hit 8% of India's auto component output: Icra report

High US tariffs are expected to affect close to 8 per cent of India's overall auto component production, ratings firm Icra said on Wednesday. Indian auto component exporters are at a relative disadvantage compared to most other Asian exporting nations, highlighting the importance of concluding an India-US bilateral trade agreement, it added. Auto component exports contribute nearly 30 per cent to the industry's revenues, with the US alone accounting for 27 per cent of this share. "As a result, close to 8 per cent of India's overall auto component production is expected to be directly affected by the recently announced tariffs," Icra stated. The imposition of a 50 per cent tariff on Indian goods places Indian auto component exporters at a disadvantage compared to their Asian counterparts, as countries such as China, Japan, Vietnam, and Indonesia face lower tariffs of 1530 per cent, it pointed out. Further, manufacturers in Mexico and Canada remain exempt under the United ...

Up to 18% surge in 1 month: Is GST-led rally in auto stocks near its end?

Auto stocks in India have surged 7-18 per cent on GST reforms. Analysts, however, warn of near-term correction amid . Long-term outlook bullish for PV, 2W, and CV segments.

Auto industry bodies meet CBIC chief over compensation cess concerns

At present, dealers have an inventory of around 600,000 vehicles, which were loaded up in anticipation of the festival rush