Page 3 - Automobile Manufacturer

Auto sector mixed; Maruti, M&M top MOFSL bets as GST decision looms

Maruti Suzuki's volumes dipped marginally by 0.6 per cent Y-o-Y to 181,000 units, with export growth of 40.5 per cent Y-o-Y offset by a 7.5 per cent drop in domestic sales.

Dealerships face inventory glut in August as car buyers await GST cuts

>>ICE vehicle sales hit, EV market hopes held up >>Vahan data shows 3% drop in August auto sales

20% ethanol fuel cuts mileage but is safe, say automakers amid complaints

India set a 2025 target years ago for 20 per cent ethanol blending in fuel, called E20, as part of Prime Minister Narendra Modi's focus on clean energy

Muted industry volume outlook may cap further gains for Ashok Leyland

Ashok Leyland stock gained after Q1 results on stronger margins and GST cut hopes, but muted commercial vehicle demand and cyclicality may limit upside

Bulk of Mercedes cars on road E20-compliant: MD & CEO Santosh Iyer

Iyer was talking to reporters on Tuesday night after launching the Mercedes-AMG CLE 53 4MATIC+ Coupe -- a high-performance, two-door luxury model -- in India

Tata Motors Q1 results: PAT down 30.5% on JLR tariff hit, lower volumes

Tata Motors Q1 profit slumps to ₹3,924 crore as JLR revenue drops on US tariffs; PV and CV sales decline; demerger on track with effective date set for 1 October

Auto sales fall 4% in July; PV, two-wheeler demand drags retail volumes

Passenger vehicle and two-wheeler sales saw Y-o-Y declines in July even as tractor sales rose 11% and commercial vehicle demand held steady, says Fada

Tata Motors Q1 preview: Profit may tank up to 50% YoY; other details inside

Analysts at Nuvama noted that the revenue is expected to decline Y-o-Y, led by volume drops across India PV/CV and JLR businesses.

Just 1/5th of auto PLI firms have products cleared for incentives

These companies have received clearance for 107 model and component variants, having met the DVA threshold, based on data available till July 31

China's clampdown on rare earths has prompted India to explore options

Japan is a model to look at. After the 2010 episode, it reduced its dependence on China to 60 per cent of its requirement of magnets

Tata Motors to raise €1 bn via equity, stake sale to fund Iveco deal

Iveco gets India entry while Tata gains Latin American access

Explained: Why India's 2027 emission target has automakers on edge

India wants to cut vehicle emissions by 33 per cent by 2027, but carmakers say the targets are too steep, too soon, and could hurt jobs, raise prices, and stall the industry's green transition

Schaeffler India Q1FY26 results: Net profit increases 14% to ₹294 crore

Auto parts maker Schaeffler India on Friday reported a 14 per cent rise in standalone profit after tax (PAT) to Rs 294.44 crore in the June 2025 quarter. The company had posted a standalone PAT of Rs 253.96 crore in the year-ago quarter, according to a regulatory filing. Schaeffler India follows a January-December financial year. Its revenue from operations (net) for the quarter under review rose to Rs 2,282.16 crore from Rs 2,071.93 crore in the April-June period of 2024, it stated. "We have a year-on-year higher revenue across all businesses and continue to sustain our trajectory of registering double-digit growth for the fifth consecutive quarter. Quality of earnings continued to improve given efficiency measures and concentrated efforts on our strategic priority of localisation," its Managing Director and Chief Executive Officer Harsha Kadam said. This performance, coupled with improved financial and operating metrics, resulted in a good first half of 2025, he added.

US automakers say Trump's Japan tariff deal puts them at a disadvantage

US automakers are concerned about President Donald Trump's agreement to tariff Japanese vehicles at 15%, saying they will face steeper import taxes on steel, aluminum and parts than their competitors. We need to review all the details of the agreement, but this is a deal that will charge lower tariffs on Japanese autos with no US content, said Matt Blunt, president of the American Automotive Policy Council, which represents the Big 3 American automakers, General Motors, Ford and Jeep-maker Stellantis. Blunt said in an interview the US companies and workers definitely are at a disadvantage because they face a 50% tariff on steel and aluminum and a 25% tariff on parts and finished vehicles, with some exceptions for products covered under the United States-Mexico-Canada Agreement that went into effect in 2020. The domestic automaker reaction reveals the challenge of enforcing policies across the world economy, showing that for all of Trump's promises there can be genuine tradeoffs from

EV startup MATTER launches ₹1.93 lakh Aera 5000+ e-bike, eyes IPO

Ahmedabad-based MATTER aims to disrupt the 150-200cc bike segment with its Aera 5000+, backed by global investors and planning a $200 million fundraising and public listing

Renault eyes full capacity at Chennai plant, no new partner planned

Renault targets 100 per cent capacity at the RNAIPL plant over the next few years following Nissan stake buyout, with no new partnerships under consideration currently

Renault to launch all-new models with updated logo, starting with Triber

Renault India will feature its updated interlocked diamond logo on future models, beginning with the launch of the all-new Triber, as part of its ongoing brand transformation

Maruti Suzuki plans 500 new service touchpoints in FY26: MD & CEO

Maruti Suzuki plans to add 500 new service touchpoints in FY26, with 91 already established. The expansion aims to strengthen its post-sales infrastructure across India

Life atop China's car market starts to look tough for BYD as sales stall

BYD's core domestic car deliveries fell 8% in June as rivals like Geely, Xpeng, and Xiaomi gained ground, even as overseas and commercial sales were excluded from the tally

Sonal Comstar to form JV with Jinnaite Machinery to enter China EV market

The JV is expected to begin operations in the second half of the current financial year