Carmakers

15 'no', 2 'yes' votes: CAFE relief for small cars leaves industry divided

A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote

CAFE norms: Carmakers split over relief to flex-fuel, strong hybrids

Both technologies, if combined, may narrow EVs' emission edge

With $57 bn valuation, Maruti becomes 8th most valuable carmaker globally

Maruti Suzuki India, the largest unit of Japan's Suzuki Motor, has surpassed global heavyweights like Ford Motor, General Motors, and Volkswagen AG. It has even surpassed its Japanese parent company

Carmakers assure warranty cover for older vehicles using E20 fuel

Automakers are in the process of informing dealers about E20 usage in older cars and related guidelines

Xiaomi succeeds where Apple failed as its new EV surpasses 289K orders

Xiaomi has set a delivery target of 350,000 units in 2025, up from its previous goal of 300,000, buoyed by demand for the newly launched YU7 and a ramp up in production

Consensus goes for a toss over question of weight in car CAFE norms

The new proposal made by the auto major goes against the consensus position submitted to the government in December 2024 after months of industry-wide consultation

UK car theft crisis near 15-year high as manufacturers face high-tech gangs

Car theft is a growing problem in the UK, as almost 130,000 vehicles were stolen in the year ending March 2024-near a 15-year high-costing insurers $867 million

Renault's CEO search includes insider Le Vot, Stellantis' Picat: Analysts

Renault shares fell as much as 8 per cent on Monday, their biggest one-day percentage drop since February 2022, as investors worried about the company's future without de Meo at the helm

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

Tata Motors expects low single-digit PV growth in FY26, hatchback rebound

Tata Motors expects to maintain low single-digit growth in passenger vehicle sales this fiscal in line with the overall industry estimate, with the company betting on premium hatchback sales to bounce back with the introduction of its all-new version of Altroz, a top company official said on Thursday. The company is looking to regain 25 per cent share in the premium hatchback segment, having seen it fall in the last one-and-a-half year, Tata Motors Passenger Vehicle Ltd and Tata Passenger Electric Mobility Ltd Managing Director Shailesh Chandra told PTI here in an interview. However, it has paused plans to introduce an electric version of the premium hatchback Altroz due to overcrowding in the price segment in which it was envisaged to be positioned, he said. The all-new Altroz has been launched with introductory prices ranging from Rs 6.89 lakh to Rs 11.29 lakh across petrol, CNG and diesel variants. "I am also going with the triangulated view coming from various agencies, ...

Auto dealers scramble as Trump's tariff fears drive buyers to showrooms

US dealerships are sitting on about 60 to 90 days of inventory on average, providing them with a cushion against the immediate effects of the tariffs

Ivan Espinosa takes charge at Nissan at one of carmaker's lowest points

Espinosa, who joined Nissan in 2003 in his native Mexico, has spent most of his time in strategy and planning. He most recently served as chief planning officer in the automaker's Yokohama headquarter

UK welfare spending cuts pose unexpected risk to carmakers' EV ambitions

A review of the benefits system announced in recent days could hit a car-financing program called Motability, which provides vehicles to disabled customers on mobility benefits

BMW sees tariffs, China sales decline weighing on carmaking profit

BMW shares declined as much as 4.5% on Friday. The stock has fallen more than 20% over the past year

Nissan picks insider Ivan Espinosa as successor for CEO Makoto Uchida

Uchida had been under pressure to step down following worsening earnings performance at Japan's third-largest automaker and the collapse of merger talks with Honda

Carmakers race to build EV charging infra, but challenges persist

The big push for charging stations is understandable. Range anxiety remains a worry for customers, more so in the case of electric cars

Q3 result preview: Rural push, launches may boost auto revenue, Ebitda

Margins may see some contraction due to promotional offers to clear inventory post festive season

Hyundai India says localisation saved it Rs 5,700 cr in forex since 2019

Automaker will assemble EV battery packs at new facility in Chennai, says senior executie

Luxury electric vehicle retail sales in 2024 clock 6.7% growth: Fada

Top luxury OEMs together sold 2,809 EVs in 2024, against 2,633 units in 2023

Toyota to open futuristic city in Japan, will move in first 100 residents

The initial residents of Woven City will be composed mostly of the carmaker's own employees and their families, and will gradually expand to about 2,000 residents as part of its initial phases