Automobile Manufacturer

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.

TVS unveils Norton superbike sketch; JLR's McGovern joins design team

TVS-owned Norton Motorcycles unveils its first official superbike design sketch, created under the guidance of JLR's Gerry McGovern and Norton's Simon Skinner, ahead of its EICMA 2025 debut

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

Automobile exports rise 26% in Q2 on record PV, two-wheeler sales: Siam

Automobile exports from India rose 26 per cent year-on-year in September quarter driven by highest-ever shipments of passenger vehicles, two-wheelers and three-wheelers during the period, as per the latest data released by industry body SIAM. Passenger vehicle exports grew 23 per cent to 2,41,554 units in September quarter as against 1,96,196 units in the same period of last fiscal. Passenger car exports grew 20.5 per cent to 1,25,513 units in the second quarter as against 1,04,196 units in the September quarter of last fiscal. Similarly, utility vehicle shipments rose 26 per cent annually to 1,13,374 units in the July-September period. Van exports also grew 39 per cent year on year to 2,667 units in the year-ago period. Maruti Suzuki India led the space with shipments of 2,05,763 units followed by Hyundai Motor India with 99,540 units in the period under review. Two-wheeler exports saw an increase of 25 per cent to 12,95,468 units in July-September period as against 10,35,997 un

India's logistics cost to reduce to single digit by December: Gadkari

Logistics cost in India will come down to single digit by December this year, helped by rapid expansion of expressways and economic corridors, Union Minister Nitin Gadkari said on Friday. Addressing ASSOCHAM Annual Conference 2025, Gadkari further said a recent report prepared by IIT Chennai, IIT Kanpur and IIM Bangalore has revealed that India's construction of expressways and economic corridors has helped reduce the country's logistics cost to 10 per cent from 16 per cent earlier. "India's logistics cost will come down to 9 per cent by December, which will help India become more competitive. I am sure that 100 per cent it is going to give benefit to our industry, our exports will be more competitive," he said. Logistics cost is 12 per cent in the US, 12 per cent in European countries and 8 to 10 per cent in China. Talking about India's automobile sector, the minister said, "Within five years, our target is to make India's automobile industry the number 1 in the world." "When I t

Q2 results preview: Robust volumes likely drove auto sector growth

But margins may have lost traction due to higher discounts, ad spends

MG Cyberster drives JSW MG Motor India to second spot in luxury EV segment

Strong sales of the MG Cyberster and M9 Presidential Limousine push JSW MG Motor to the No.2 position in India's luxury EV space, with demand soaring across cities

M&M cuts Bolero prices below ₹10 lakh, ramps up production capacity

Mahindra & Mahindra expands Bolero production under the NU iQ platform and reduces prices across variants, bringing the entire SUV range below ₹10 lakh

Hero MotoCorp rides the festival season tide, with GST winds at its back

Hero MotoCorp outpaces peers with 28% stock gains driven by strong festive demand, GST-led affordability boost, and rising scooter and export sales

Tata Motors announces leadership transition amid demerger plans

Tata Motors announced major leadership changes as it prepares to demerge its commercial vehicle business into TML Commercial Vehicles Ltd, effective October 1, 2025

JLR India operations remain unaffected by UK plant shutdown, cyber-attack

Jaguar Land Rover's India operations are not impacted by UK plant shutdowns after cyber-attacks, with sufficient inventory supporting demand for cars and spare parts

Rising exports, SUVs to drive Hyundai India earnings; Nomura retains 'Buy'

Also, the recent data supports this outlook, with Hyundai Motor India reporting a 50 per cent jump in bookings in the past few days, signaling strong consumer demand.

From EVs for India to raising output, Hyundai Motor outlines 2030 plans

Hyundai Motor projects 60 per cent EV sales share by 2030, unveils India's first locally designed EV and outlines regional strategies, battery upgrades and global production goals

Rare-earth squeeze puts electric two-wheeler firms, suppliers at odds

OEMs seek temporary exemption to keep subsidy and avoid shutdowns

Small SUV segment may see maximum growth after GST relief: Hyundai COO

Hyundai COO Tarun Garg said the small SUV segment, already the biggest in India, could see maximum growth after GST cuts, aided by urban demand, pay hikes and rising aspirations