Automobile Manufacturer

India's auto component firms go digital amid world crises, EVs: Report

Digitalisation, automation and smart factories no longer a luxury for sector, it says

Tata Motors PV to hike prices in coming weeks amid rising costs: CEO

Tata Motors Passenger Vehicles Ltd (TMPVL) will hike prices in the "coming weeks" in the wake of rising commodity cost putting pressure, according to its Managing Director & CEO, Shailesh Chandra. While Maruti Suzuki India is reviewing the situation for a possible price hike, Hyundai Motor India has already undertaken a price increase in January, mainly on the Venue model. "Yes, we have been facing pressure on the commodity side for nearly a year now. Still we see pressure on the precious metal side, copper and so on. Overall, if you see the impact of commodity price increase, it has been for us about 2 per cent plus of our revenues," Chandra said in a quarterly earnings call. He was responding to a query on whether the company was planning to hike prices of its vehicles due to rising cost of commodities. Reiterating that the company is going to increase prices, Chandra said,"We will be able to announce this in the coming weeks." He, however, did not elaborate the details of the

Ashok Leyland's sales rise 27% in January on strong domestic demand

Commercial vehicle maker Ashok Leyland on Monday reported a 27 per cent rise in total sales at 21,920 units in January as compared to 17,213 units in the same month last year. Domestic sales were up 31 per cent at 20,079 units as against 15,327 units in January 2025, Ashok Leyland said in a statement. Sales of medium and heavy commercial vehicles in the domestic market were at 12,833 units as against 9,864 units in the year-ago month, it added. Light commercial vehicle sales in the domestic market last month were at 7,246 units as against 5,463 units in the year-ago period, the company said.

Maruti Suzuki India's Y-o-Y sales rise 12% to 236,963 units in January

Maruti Suzuki India on Monday reported a 12 per cent year-on-year increase in total sales at 2,36,963 units in January. The auto major dispatched a total of 2,12,251 units in the same month last year. Total domestic passenger vehicle dispatches to dealers were at 1,74,529 units compared to 1,73,599 units in the year-ago month, a marginal increase, Maruti Suzuki India (MSI) said in a statement. Sales of mini segment cars, comprising Alto and S-Presso, rose to 14,268 units against 14,247 units in January 2025. Sales of compact cars, including Baleno, Dzire, Ignis, and Swift declined to 72,738 units from 82,241 units in the year-ago month. Utility vehicles, consisting of Grand Vitara, Brezza, Ertiga and XL6, clocked sales of 75,609 units last month over 65,093 units a year ago. Sales of van Eeco were at 11,914 units last month against 11,250 units in January 2025, while that of light commercial vehicle Super Carry stood at 3,771 units over 4,089 units earlier. MSI said its export

Maruti Suzuki Q3 hit by costs as volume push keeps margin pressure alive

Nomura noted that adjusted Ebit margin came in at 8.9 per cent, well below its estimate of 9.9 per cent, with ASPs falling 2.3 per cent quarter-on-quarter (Q-o-Q) to around ₹7.12 lakh.

E2W companies seek PM E-Drive subsidy extension beyond March 2026

Industry executives say incentives continue to play a role in easing upfront cost concerns for price-sensitive buyers

Policy continuity, EV push key for auto sector in Budget: Skoda India CEO

Policy continuity, infrastructure growth and a stronger electric vehicle ecosystem in the upcoming Union Budget will be critical for sustaining momentum in the automotive sector, according to Skoda Auto Volkswagen India MD and CEO Piyush Arora. The Pune-based brand, which manages the Indian operations of six brands, Skoda, Volkswagen, Audi, Bentley, Lamborghini and Porsche, also emphasised the importance of customs reforms and bilateral trade agreements to support global integration. In an interaction with PTI, Arora said the GST reforms introduced last year led to the revival of the domestic passenger vehicle industry. "And from that point of view, if there are some important duties in the electric (vehicle) space that can be addressed (in the Budget) going forward, it would help... Continuity is extremely important for our sector, along with further focus on infrastructure growth and building up the EV ecosystem," he said. Besides, customs tax reforms would help multinational ...

India-EU FTA: European auto lobby flags risks of 'restricted' access

ACEA urges full tariff removal on auto parts, cautions against licences and residual duties as India and EU eye announcing deal at January 27 summit

Maruti Suzuki clocks record annual production of 2.255 mn units in 2025

Maruti Suzuki India Ltd on Friday said it has clocked a record annual production of 22.55 lakh units in calendar year 2025, a growth of 9.3 per cent over the previous year. This is the second consecutive year that the company has exceeded 20 lakh units in annual production. The production includes vehicles for domestic sales, exports and OEM supplies, Maruti Suzuki India said in a statement. The company had produced 20.63 units in 2024. Maruti Suzuki India Managing Director and CEO Hisashi Takeuchi attributed the record production to the efforts of the company's employees and the strong synergy that it shares with supplier partners. "A high degree of localisation has enabled us to achieve such scale while maintaining world-class quality, highlighting the strength and global competitiveness of India's automotive manufacturing ecosystem," he noted. Maruti Suzuki said its top five models by production volume during the year were Fronx, Baleno, Swift, Dzire and Ertiga.

Maruti, M&M, TVS Motor drive strong auto finish in 2025: Motilal Oswal

In passenger vehicles, the brokerage expects the segment to post 19 per cent year-on-year (Y-o-Y) growth in dispatches in December, broadly in line with retail trends.

Rising input costs may squeeze margins of Indian auto, component makers

A rally in aluminium, copper and platinum group metals is offsetting softer steel and rubber prices, raising fresh margin risks for automakers and suppliers amid weak pricing power

Hero MotoCorp 2W demand to stay strong; rural, exports boost: Motilal Oswal

The company expects the momentum to continue in the second half of the fiscal year (H2FY26), with overall industry volume growth projected at 8-10 per cent.

Brokerages cheer Motherson's Nexans auto deal, see global PV wiring upside

Nomura, in a note, said the acquisition marks SAMIL's formal entry into the global PV wiring harness segment outside India, an area where the group previously had limited exposure.

Motilal Oswal favours Maruti, M&M, TVS Motor as auto sector momentum holds

Entry-level vehicles across 2Ws and PVs are seeing a notable pickup in demand, while discounts are expected to gradually reduce, reflecting normalisation in market dynamics.

Ultraviolette raises $45 million from Ferrari-investor Lingotto, Zoho

EV two-wheeler maker Ultraviolette has raised $45 million in its Series E round from Zoho and Exor's Lingotto, as it scales production, advances battery tech and prepares for an IPO by FY28

myTVS eyes Africa, Europe as it plans 2,500 service centres by 2027

myTVS aims to expand into Africa and Europe and scale its multi-brand service network from 1,200 to 2,500 centres by 2027, supported by 10 million active service subscriptions and a UAE partnership

Explained: Carmakers moving away from rare earth metals amid supply squeeze

Automakers in the US and Europe are studying alternative materials that could substitute rare earth magnets in various vehicle parts, including windshield wiper motors and seat adjustment systems

Rural recovery, exports to drive volume growth for Hero MotoCorp

The stock jumped nearly 5 percent as solid festive demand, stronger rural recovery and a sharp rise in exports lifted the company's outlook for FY26

TVS Motor gearing up for bigger ride in Europe: Chairman Sudarshan Venu

Indian automotive firm TVS Motor Company is looking to enter more markets in Europe, including Spain and Portugal, as part of its global footprint expansion, according to its Chairman Sudarshan Venu. The company, which made its debut at the global two-wheeler exhibition EICMA 2025 here unveiling six new products across ICE and electric powertrains, feels that with an expanding portfolio it is time for it to tap 'industrialised markets', Venu told PTI in an interview. "I think it is the beginning of TVS' progress towards industrialised markets. Typically, we are focused on emerging markets," he said when asked about the company's focus on Europe. At EICMA 2025, the company showcased the TVS Tangent RR Concept, a supersport bike; electric motorcycle concept TVS eFX three O; TVS M1-S, the company's first electric maxi scooter; TVS Apache RTX 300, a new adventure tourer bike; a born-electric bike TVS X and TVS RTR HyprStunt Concept, an urban sports motorcycle. The TVS Apache RTX 300 is

Maruti Suzuki Q2 Preview: What to expect from India's largest carmaker?

Maruti Suzuki Q2 Preview: Maruti Suzuki India will likely announce its September quarter results on October 31, 2025.