Page 2 - Automotive Industry

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

Bharat Forge to Tata Motors: Why did auto stocks fall in trade on Thursday?

Bharat Forge and Samvardhana Motherson International shares fell over 3 per cent each after Trump imposed a 25 per cent tariff

India-UK trade deal: Smooth road ahead as luxury cars set to get cheaper

The India-UK Free Trade Agreement (FTA) is expected to lower tariffs, making high-end luxury cars and bikes more affordable. Brands like JLR, McLaren, and Triumph stand to benefit

Rare-earth magnet crisis a wake-up call for auto parts makers: Acma

ACMA highlights the vulnerability in India's auto component supply chain following China's rare earth magnet curbs, urging rapid localisation to mitigate risks

Stable policy framework essential for growth, says Stellantis India CEO

European auto major Stellantis believes a long-term stable policy framework and its uniform roll-out across different states in India is critical for automakers to execute business plans on a long-term basis. Stellantis, which has presence in India through brands like Jeep and Citroen, feels that policy framework should work informally across the nation so that the industry is able to execute long-term business strategies. In an interaction with PTI here, Stellantis India CEO and MD Shailesh Hazela said that any investor who comes to India would like to see a little longer horizon in terms of policies. "So our wishlist for the government is that whatever they decide to put across, it should be for a longer period," Hazela stated when asked about government actions which could propel growth of Indian auto industry. It would be great if there could be uniformity in policies across the country in terms of EVs (electric vehicles) and taxation so that companies could plan nationally and

LTTS, Thyssenkrupp to set up automotive software development centre in Pune

The strategic partnership will drive development of safety-critical software and next-gen steering systems for global markets, strengthening India's role in mobility innovation

India's auto firms to give double-digit salary hikes in FY26: Deloitte

Driven by demand for EV, AI and automation roles, the automotive industry is set to give the highest salary hikes in FY26, outpacing most other Indian sectors

Rare earth magnet disruption of over 30 days may hit vehicle output: Rpt

A disruption in rare earth magnet supplies lasting beyond a month can impact production of passenger vehicles, including electric models, weighing on the domestic automobile industry's growth momentum, a report on Tuesday said. Rare earth magnets, low in cost but critical in function, could emerge as a key supply-side risk for India's automotive sector if China's export restrictions and delays in shipment clearances persist, Crisil Ratings said in a statement. "The supply squeeze comes just as the auto sector is preparing for aggressive EV rollouts. Over a dozen new electric models are planned for launch, most built on PMSM platforms," Crisil Ratings Senior Director Anuj Sethi said. While most automakers currently have 4-6 weeks of inventory, prolonged delays could start affecting vehicle production, with EV models facing deferrals or rescheduling from July 2025, he added. A broader impact on two-wheelers and ICE PVs may follow if the supply bottlenecks persist for an extended peri

Tenneco names Mahender Chhabra as CFO for business operations in India

Global automotive supplier Tenneco on Monday announced the appointment of Mahender Chhabra as Chief Financial Officer of its India operations, with immediate effect. Chhabra will report to Tenneco India Chief Executive Officer (CEO) Arvind Chandra and work closely with the leadership team to support the company's strategic, financial, and operational goals, the company said. In his new role, he will oversee financial strategy and operations, compliance, and overall financial performance across Tenneco's Clean Air, Monroe Ride Solutions (MRS), Champion Ignition, and Powertrain (Bearings and Sealing) businesses in India, the company said. He joins the company from Motherson Sumi Wiring India Limited, where he served the position of CFO, it stated. "Mahender's depth of financial expertise and proven leadership will be key as we continue to strengthen our operational excellence and deliver value to customers across the region. His appointment underscores our commitment to long-term gro

Tractors carve fresh growth furrows across FY26 auto sector landscape

Farm wheels spin past autos powered by strong monsoon, rising MSPs, and M&M's market grip

Rare earth crisis: Indian companies hopeful as global panic sets in

With China tightening rare earth exports, Indian firms eye domestic incentives and stockpiling, as global automakers and medical device makers face rising supply fears

Auto firms need to think innovatively to attract buyers back to small cars

Car-market executives attribute the drop in small-car sales to stagnating incomes across the board, with only 12 per cent of Indian households earning over ₹12 lakh annually

Auto index surges 16% in 1 month; What's fuelling the index's rally?

The BSE Auto index, the top gainer among sectoral indices, was up 1.3 per cent at 01:36 pm, as compared to 0.16 per cent decline in the BSE Sensex.

Skoda Auto Volkswagen India announces key leadership appointments

Ashish Gupta and Nitin Kohli appointed brand directors at Skoda and Volkswagen as SAVWIPL aligns leadership strategy with local market understanding

Ford starts preparatory work to resume operations at its Chennai plant

The automobile company also finalised the components to be manufactured from the Chennai facility and it may resume work in the second half of 2025

TVS Motor Q4 net profit soars 67.5% to ₹648.16 crore on strong demand

The company's revenue from operations increased by 16.09 per cent Y-o-Y to ₹11,542 crore in the fourth quarter

India's PV volume to cruise past 5 million in FY26 despite slow growth

As volume growth slows, original equipment manufacturers (OEMs) will rely on premiumisation and better product mix to protect margins

CARS24 acquires Team-BHP, aims to strengthen India's automotive community

CARS24's involvement is focused on strengthening Team-BHP's product, technology and AI capabilities to improve the experience of its readers and community members