Automotive Industry

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

Govt, auto industry need to work together to achieve self-reliance: PM Modi

PM also noted that there are multiple investment and collaboration opportunities as the nation is progressing towards smart and green mobility

Auto dealers shower discounts before GST shift with 600k vehicles in stock

Overall amount paid by dealers in compensation cess is estimated to be in excess of Rs 4000 crore

Auto Inc's big data move: Vahan likely to take the wheel by January

OEMs already favour retail market share based data to forecast production and dispatches

India, Mexico top global auto investments in H1 2025 despite slump

India and Mexico attracted the most auto projects in H1 2025, though global investment value nearly halved, reflecting EV policy uncertainty and shifting supply chain strategies

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

Auto firms split over GST rejig impact on car and two-wheeler sales

Maruti Suzuki India Chairman R C Bhargava said that GST on cars is currently 28 per cent, with a cess on larger cars pushing the total burden to 40-45 per cent

M&M shifts gear for global next-gen SUVs, expanding capacity and sites

Mahindra & Mahindra unveils new SUVs based on NU_IQ platform for global markets and announces plans to expand Chakan plant capacity by 240,000 units by FY27

Passenger vehicle sales decline marginally in July on muted demand: Siam

All vehicle segments posted stable performance in July 2025, though overall sentiments in the passenger vehicles segment have remained subdued

Bumpy road ahead? US tariffs likely to weigh on auto parts makers

An Icra report indicated that India was at a disadvantage to rivals like Japan, Vietnam, and Indonesia