Page 5 - Automobile Industry

Renault Group names Stephane Deblaise as new CEO for India operations

Renault Group appoints Stephane Deblaise as the new CEO for India operations, effective September 1, 2025, as part of the company's strategy to enhance growth in the Indian market

India's auto sales flat in Q1 FY26; UVs, exports shine amid weak demand

India's auto sector began FY26 on a mixed note as UV sales and exports grew, but overall demand stayed soft. Two-wheelers and cars saw declines, while three-wheelers hit record Q1 sales

Datanomics: India EV penetration subdued even as biggies enter market

According to the data from Federation of Automobile Dealers Association (FADA), the EV penetration in India was just 7.8 per cent in FY25, marginally up from 7.1 per cent in FY24

Tesla rolls out Model Y in India, costlier than US, China and Germany

Tesla opens bookings for Model Y in India at up to ₹67.89 lakh due to high import duties, with first deliveries expected later in 2025 from Shanghai plant

Musk & Mumbai debut: EV maker Tesla to open first India store on July 15

Tesla will compete with its Chinese rival BYD, as well as domestic major Tata Motors in the Indian market

VinFast partners with BatX Energies for electric vehicle battery recycling

VinFast partners with BatX Energies to recycle and repurpose high-voltage EV batteries in India, strengthening its commitment to a sustainable battery value chain for its India operations

UK company AEM set to bring rare-earth-free technology to India

The firm has partnered with Sterling Tools Limited's EV arm, Sterling Gtake Electro Mobility (SGEM), to localise production and assembly of its traction motors at SGEM's Faridabad facility

Tesla likely to begin its first car deliveries in India from August

Deliveries are expected to start from late August, a separate person familiar with the development said. Customers will be able to configure and order their Tesla EVs from next week

Nuvama initiates 'Buy' on Hyundai India, sets ₹2,600 target on growth push

With $2.9 billion in average annual research and development (R&D) spend (2.5 per cent of revenue), the parent firm enables Hyundai India to fast-track innovation and expand exports.

Net-zero emissions: Auto industry lobbies to extend 'ICE age' till 2055

The industry has conveyed to the BEE that it continues to rely heavily on ICE vehicles

India's electric vehicle sales surged in June; slow start for e2Ws: Fada

India's EV market continued to expand in June 2025, with a notable rise in passenger vehicle sales. However, the two-wheeler segment saw a dip in H1 performance due to a weak start to the year

Auto sales shrug off rare earth, US tariff clouds to log June gains

Passenger vehicle sales grew modestly by 2.5% in June as rains and liquidity concerns affected demand, while all other segments also recorded positive year-on-year growth

Fueling Change: How CNG is transforming India's passenger car landscape

According to a report by Equirus, CNG has been steadily increasing across regions over the past one year, with the East region led by Bihar witnessing a significant increase

Skoda Auto Volkswagen India to manage Bentley operations from July 2025

SAVWIPL becomes Bentley's exclusive importer and distributor in India from July 2025, establishing Bentley India and expanding its luxury portfolio in the country

Castrol India appoints Mrinalini Srinivasan as Chief Financial Officer

Lubes maker Castrol India on Monday announced the appointment of Mrinalini Srinivasan as its Chief Financial Officer. Srinivasan, whose appointment to the post is effective from July 28, succeeds Deepesh Baxi, who moved on from the role in March 2025 to pursue other opportunities, the company said in a statement. In her current role, Srinivasan will lead Castrol India's financial function and be a key member of the leadership team, the company said. "Mrinalini's experience in navigating complex business environments and driving alignment across teams will be a real asset," said Kedar Lele, Managing Director at Castrol India Ltd. Srinivasan will work closely with the interim CFO Vishal Thakkar through August to ensure a smooth handover, the company said. She joins Castrol with over 17 years of experience at P&G India, where she held a range of leadership roles across business units and geographies, including Asia, the Middle East, and Africa, it said. "We welcome Mrinalini to the .

Geopolitical tensions, US tariffs may hit India's auto sales, warns Fada

Retail volumes fell 9.4 per cent in June from a month ago and the average time a car stayed in a showroom, or inventory days, rose to about 55 days from 52-53 days in May

Matter Motor Works hunts for new tech as rare earth stocks deplete

Matter Motor's COO, Arun Pratap Singh, discusses the company's approach to tackling supply disruptions caused by rare earth magnet shortages and its plans to explore alternative technologies

Auto sector seeks full CAFE exemption for N1 light commercial vehicles

SIAM cites affordability, weak sales, minimal emissions and regulatory overload as reasons to exempt N1 segment from stricter fuel efficiency rules from April 2027

Nomura maintains FY26 auto growth forecasts despite June wholesale miss

Tractors emerged as the lone outperformer, posting a robust 10 per cent Y-o-Y rise, ahead of Nomura's 6 per cent projection.

TVS Motor sales rise 10% in June to 402,001 units, 3W sales jump 42%

TVS Motor Company on Tuesday reported a 20 per cent year-on-year increase in total sales at 4,02,001 units in June. The company had reported a total sales of 3,33,646 units in June 2024. Two-wheelers registered a growth of 20 per cent, with sales increasing from 3,22,168 units in June 2024 to 3,85,698 units in June 2025, TVS Motor Company said in a statement. The domestic two-wheeler segment registered a growth of 10 per cent with sales increasing from 2,55,734 units in June last year to 2,81,012 units in June this year, it added. Three-wheeler sales increased 42 per cent year-on-year to 16,303 units in June. The company's total exports grew 54 per cent to 1,17,145 units in June, as compared to 76,074 units in the same month last year.