Page 2 - Automobile

2025 to end with double-digit growth in electric two-wheeler registrations

For Bajaj the skew of sales in its home turf Maharashtra for e2wheelers is reflected in the fact that it accounts for a substantial 32 per cent of its total registrations in CY 2025

Why did Systematix initiate coverage on JTEKT India? 33% upside seen

Systematix has set a target price of ₹192 for JTEKT India, valuing the stock at EV/Ebitda of 17.5 times on December 2027E, in line with its past five-year average multiple

SC admits Fada plea on GST compensation cess; issues notice to Centre

The Supreme Court has admitted Fada's writ petition challenging the non-transition of accumulated GST compensation cess credits under GST 2.0, and issued notice to the Union government

Nissan teases 7-seater B-MPV 'Gravite', eyes India comeback from 2026

Scheduled for launch in early 2026, the Gravite will be locally manufactured at Renault-Nissan's Chennai plant and is the first model under Nissan's refreshed India strategy

Lumax Auto zooms 147% in CY2025; beats SmallCap index for 4th straight year

Lumax Auto is well positioned to benefit from both volume growth and premiumization trends across top OEMs, believe analysts

Kia unveils all-new Seltos in Hyderabad, bookings to open on December 11

Kia India on Wednesday unveiled the all-new' Kia Seltos, marking the return of what it calls the benchmark-setter in the segment. The company said bookings will open nationwide from midnight on December 11, enabling customers to reserve the vehicle with an initial payment of Rs 25,000. Speaking at the unveiling, Gwanggu Lee, Managing Director & CEO of Kia India, said the new Seltos represents more than a generational upgrade. "The all-new Kia Seltos is more than a generation change; it's a statement of Kia's intent to redefine the segment. A category-defining SUV since its debut in India, the new Seltos pushes boundaries with bolder design, advanced safety, and segment-leading technology that reset benchmarks," he added. He further said that the model has been engineered to outperform and optimised for real-world Indian conditions, reflecting customer insights without compromising global standards. This, he said, demonstrates Kia's ambition "to lead, not follow." The company said

Ambit starts coverage on Tata Motors CV with 19% upside target; here's why

Ambit expects TMCV's revenue and Ebitda to grow at a CAGR of 6 per cent and 7 per cent over FY25-28, respectively, on the back of high-margin and non-core revenues

Why is JM Financial upbeat on Belrise Industries? Starts coverage with Buy

JM Financial has set a target price of ₹215 for Belrise Industries stock, valuing it at 25x FY28E P/E

Is Pricol the next big winner? SBI Securities decodes; check target price

SBI Securities expects Pricol's revenue, Ebitda, and PAT to grow at 31 per cent, 33 per cent, and 36 per cent CAGR, respectively, over FY25-27

Tata Motors CV stock lists at 28% premium; should you buy, sell or hold?

On the BSE, the Tata Motors (TMCV) debuted at 330.25, a premium of 26 per cent from its earlier valuation of ₹261.9

Tata Motors CV: Can the demerged entity hold its edge against peers?

Tata Motors demerger, aimed at unlocking value and sharpening operational focus, comes at a time when competition from peers like M&M, Ashok Leyland, and Force Motors is intensifying

Consumers struggle to get GST rate cut benefits on food, medicines: Survey

Despite lower GST rates on most food items and medicines, many consumers report only partial or no price relief, highlighting gaps in implementation and last-mile enforcement, a recent survey said

Hero Motors gets Sebi nod to float ₹1,200 crore IPO; check key details here

Hero Motors aims to raise ₹1,200 crore through its maiden public issue, comprising a fresh issue of ₹800 crore and an offer for sale (OFS) of ₹400 crore

Mercedes-Benz considers price hike early next year over forex woes

Luxury carmaker Mercedes-Benz is looking to increase prices early next year in order to offset the impact of a weakened rupee against the euro, according to the company's MD and CEO Santosh Iyer. The automaker has already increased prices by around 3.5-4 per cent this year. "We are still priced around 93-94 to the euro, and the euro today is at 103 level, which means we will be forced to take further price increases, maybe early next year," Iyer told PTI in an interaction. He noted that the company is avoiding taking the price increase for now but "there would be not an option" going ahead. "And that means, again, we go back to a higher pricing levels... but we feel the market should be able to absorb the higher pricing in the future if overall macro economy improves, because the purchasing power will improve significantly, and there should be a big traction (post-GST rate cut)," Iyer said. The depreciation of the rupee against the Euro is close to 14-15 per cent and the company s

Volkswagen unveils compact electric SUV ahead of Munich auto show

European automakers are up against stiff competition from China in the quest to bring affordable EVs to the market.

GST revamp a growth reform, says Motilal Oswal; M&M, HUL among top bets

According to Motilal Oswal Financial Services, this measure could trigger a positive shift in Indian equities, which have underperformed over the past year

New GST rates: Bikes over 350 cc may see sales rush till September 22

The GST rate hike on motorcycles above 350 cc to 40% may lead to a sales spike before September 22 but could affect long-term plans of premium manufacturers like Bajaj Auto, Hero MotoCorp, TVS Motor

GST cut next level of reform; 2025 a tricky year for investors: Vijay Kedia

The GST reforms could revive consumption-driven sectors like automobiles, FMCG, and discretionary goods, which have been under pressure, says Kedia

Motilal Oswal sector of the week: Automotive ER&D; check top stock to buy

According to Motilal Oswal Financial Services Research, the the medium-term outlook for global automotive engineering research and development sector remains robust

EU, US set new steps to cut tariffs and boost transatlantic trade

The development underscores the nature of trade talks under Trump, with some initial, broad pronouncements of deals giving way to weeks or more of work to hammer out detailed agreements