Automotive Industry

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

Ola Electric to cut 5% of workforce amid automation, profitability push

Ola Electric said it would lay off around 5 per cent of its workforce as part of a restructuring aimed at boosting profitability through greater automation

Jeep places India at centre of Asia-Pacific strategy under Jeep 2.0 plan

Jeep outlines a renewed regional roadmap with higher localisation, export expansion and focus on products and ownership experience amid intense competition in India's SUV market

Sona BLW Precision jumps 6% post Q3 results; what should investors do?

Sona BLW Precision reported profit after tax of ₹150.7 crore in Q3FY26, down marginally 0.3 per cent year-on-year from ₹151.2 crore in the year-ago period

Emkay names TVS Motor, Ather, Maruti as preferred auto plays; here's why

The momentum was not limited to retail-focused segments, the brokerage noted. The medium and heavy commercial vehicle (MHCV) industry showed clear signs of revival after a prolonged 15-month downturn.

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.

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.

AI investment in auto industry may collapse by 2029, warns report

A new Gartner report has predicted that by 2029, only 5 per cent of automakers will maintain strong AI investment growth, starkly less than the 95 per cent currently engaged

GST 2.0 tilts scales towards ICE; electric vehicle penetration softens

Electric car sales grew by 63% YoY in November; but penetration fell to 3.7% below the pre-GST rate cut level of 5%

Festival cheer, tax cuts fuelled strong commercial vehicle recovery in Oct

India's commercial vehicle market logged its best post-pandemic retail growth in over two years as GST cuts, freight recovery, and festive buying lifted demand across segments

Transguard Group partners with myTVS to boost UAE automotive, aviation

Business solutions provider Transguard Group on Wednesday announced signing a strategic pact with digital automotive platform myTVS for transforming the automotive, aviation and supply chain sectors in the UAE. The collaboration is designed to introduce innovative solutions, drive industry-wide efficiencies, and competitiveness across these key sectors, the company said. "By providing complete end-to-end solutions, the collaboration between Transguard and myTVS will target logistics, fleet, enterprise and individual consumers across all industries in the UAE," said Rabie Atieh, Chief Executive Officer, Transguard Group. Leveraging on myTVS' experience and technology, the focus will be on introducing innovation in key operational areas in the UAE, including inventory management, parts and service, diagnostics, network connectivity and uptime management solutions, the company stated. "The myTVS digital platform will seamlessly integrate the ecosystem while supporting diagnostics, ...

Toyota to launch 15 new models in India, targets 10% market share by 2030

There are likely to be at least two new SUVs from Toyota's own brand, which will be designed to take on leading SUV-makers like Mahindra & Mahindra and Hyundai Motor

Indian auto sector saw deals worth $4.6 bn in Q3: Grant Thornton Bharat

India's automotive sector recorded 30 transactions valued at USD 4.6 billion in September quarter, its strongest in over a year, boosted by Tata Motors' USD 3.8 billion acquisition of Iveco S.P.A., Grant Thornton Bharat said on Wednesday. Excluding the Tata Motors-Iveco deal, values dipped 36 per cent over the June quarter, signalling that large strategic bets continue to define overall deal momentum, as per Grant Thornton Bharat Q3 2025 Automotive Dealtracker. While deal volumes remained consistent with the previous quarter, values surged sharply, largely driven by Tata Motors' USD 3.8 billion acquisition of Iveco S.P.A., marking one of India's largest outbound automotive transactions to date, it added. "The quarter's strong M&A and PE activity reflects India's growing global ambition in commercial mobility and a clear shift toward scalable, tech-enabled platforms," Grant Thornton Bharat Partner and Automotive Industry Leader, Saket Mehra said. As policy tailwinds and festive ...

Raymond Group to invest ₹1,000 crore in aerospace, auto units in Andhra

The projects in Andhra Pradesh's Anantapur district will create 5,400 jobs and receive Rs 695 crore in incentives as Raymond expands its aerospace and auto footprint

Hope to sell designed-in-India auto chips in 2-3 years, says Mindgrove CEO

The company is looking to build general-purpose microcontroller chip that can be moulded and used across other devices, including those in the robotics space, co-founder and CEO Shashwath T R said

Small cars drive India's PV export growth amid fall in domestic sales

Passenger car exports are rising with demand in Africa and Latin America, even as domestic sales slow, with Maruti Suzuki and Hyundai leading India's small car shipments

Hyundai Motor up 47% against issue price; should you book profits or hold?

Shares of Hyundai Motor India hit a new high of ₹2,889.65, zooming 87 per cent from its 52-week low of ₹1,542.95 touched on April 7, 2025.

Hyundai Motor India up 3%, at new high on signing long-term wage settlement

At present levels, Hyundai Motor India stock trades at 39 per cent premium when compared with its issue price of ₹1,960 per share last year.

Hyundai to hike employee salaries by ₹31,000 per month over 3 years

Hyundai Motor India and the United Union of Hyundai Employees have signed a three-year wage settlement effective April 2024, offering an industry-best salary hike and enhanced employee welfare

India's auto-component industry to touch $200 bn by 2030: McKinsey

Domestic autocomp sales are projected to grow 7-8 % per annum until financial year 2030