Page 4 - Automobile

CarTrade Tech hits all-time high, zooms 146% in 11 months; here's why

CarTrade Tech zoomed 13% in Monday's trading session after the company reported over 100 per cent surge in net profit.

Smallcap auto stock soars 20%; zooms 216% thus far in CY25. Do you own?

Shares of Force Motors hit a new high of ₹20,563, soaring 20 per cent on the BSE in Thursday's intra-day trade in an otherwise subdued market after the firm reported healthy June quarter earnings.

M&M shares hit new high, soar 40% from April low; more upside ahead?

Driven by a strong order backlog and new launches, Motilal Oswal Financial Services expects M&M to continue outperforming industry growth in FY26

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

Tata Motors' global wholesales fall 9% in Q1, led by JLR and PV segments

Tata Motors Group's global wholesales fell 9% YoY in Q1 FY26, reaching 2,99,664 units, with declines in both commercial and passenger vehicles, including Jaguar Land Rover (JLR).

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.

Mahindra group's top executives witness up to 98% jump in salaries

Anish Shah and Rajesh Jejurikar received pay hikes of up to 98 per cent in FY25 as Mahindra Group delivered strong growth in its automobile and farm sectors

Ganesh Mani to take charge as Switch India CEO, effective September 1

The company said that its current CEO, S Mahesh Babu, has decided to step down from his position to pursue opportunities outside the group, effective August 31, 2025

Critical rare earth magnet importers look to invoke 'force majeure'

Since April 4, around 35 importers in India have either not received any shipment of the magnets or have not been granted the import licences by China

Maruti Suzuki cuts near-term EV production amid rare earths crisis

India's top carmaker, which said on Monday it had not seen any impact yet from the supply crisis, now plans to make about 8,200 e-Vitaras between April and September

China's rare earth ban to have short term hit; seeking alternatives: Goyal

Union Minister Piyush Goyal said that the Indian embassy is in dialogue with China and the commerce ministry is also working on the issue

Yamaha rolls out 5 millionth bike from Chennai plant, marks 10 years

India Yamaha Motor's Chennai plant has completed 10 years of operations and produced its 5 millionth two-wheeler, playing a key role in exports and premium product strategy

Tata Motors demerger to give shareholders long-term returns: Chandrasekaran

Tata Motors chairman N Chandrasekaran has said that the demerger will enhance agility, boost EV focus, and integrate AI to deliver long-term value

India's car-centric growth is driving the middle class to frustration

At 6 million-plus kilometers (4 million miles), India's road network is now the second largest in the world after the US, according to official data from New Delhi.

Tata AutoComp, Katcon tie up in Mexico to make composites for NA market

The new Mexico-based venture will cater to North American OEMs with composite solutions aimed at improving vehicle efficiency and meeting weight-reduction targets

Automobile sales inch up 2.95% in April, CV sales see decline, says Fada

Two-wheeler retail sales in April this year reached 1,686,774 units compared to 1,649,591 units in the same month last year, Fada said

Castrol India's profit rises to Rs 2.33 bn on strong engine oil demand

Profit at Castrol India, majority-owned by British oil major BP, rose to Rs 2.33 billion ($27.4 million) from Rs 2.16 billion a year ago

KPIT Technologies Q4 results: Profit up 49% at ₹244.7 cr; revenue up 16%

Automobile-industry focused KPIT Technologies on Monday reported a 48.9 per cent increase in consolidated net profit at Rs 244.7 crore in the March quarter. It had logged a net profit of Rs 164.3 crore in the year-ago period, according to a regulatory filing. Revenue rose 15.9 per cent to Rs 1,528.3 crore during the quarter against Rs 1,317.8 crore a year ago. Sequentially, profit and revenue climbed 30.9 per cent and 3.4 per cent, respectively. "We have consistently delivered 19 sequential quarters of growth in revenues and operating profits. China's mobility ecosystem has challenged global OEMs (original equipment manufacturers) on the alteration of paradigms in speed, cost and innovation in vehicle development. We have made investments in leadership training, mobility-specific AI solutions, automation, platforms, tools & accelerators and new markets. "On the back of strong deal wins for strategic engagements, coupled with potential acquisition of specialized companies, we are .

Ramkrishna Forgings plunges 12%, at 52-wk low on heavy volumes; here's why

The company said it identified discrepancies in certain inventory cases, during the ongoing physical verification of inventory for the financial year ended March 31, 2025.

Gadkari mulls law for sound of Indian musical instrument as vehicle horns

Union Road Transport and Highways minister Nitin Gadkari on Monday said he is planning to bring a law under which only the sound of Indian musical instruments can be used as a horn for vehicles. Addressing the 78th Foundation Year Celebration of Navbharat Times, Gadkari said, "I am planning to make a law that horns of all vehicles should be in Indian musical instruments so that it is pleasant to hear. Flute, tabla, violin, harmonium." The transport sector contributes to 40 per cent of the air pollution in the country, he said, adding that the Modi government is promoting vehicles that run on green and bio-fuel, including methanol, ethanol. Gadkari noted that India gets maximum revenue from exports of two-wheeler vehicles and cars. According to him, in 2014, the Indian automobile sector was valued at Rs 14 lakh crore, which has now grown to Rs 22 lakh crore. Gadkari said India has surpassed Japan to become the world's third-largest automobile market, following the US and ...