Automobile

Strong volume growth aided growth across segments

Hero MotoCorp Q3 FY25: Decent show with attractive valuation

The company reported third consecutive quarter with revenue in excess of Rs 10,000 crore

M&M Q3 FY25: Auto drives the numbers, farm equipment does its bit too

The company’s growth outlook remains strong on the back of rising demand and the roll-out of new products

Tax evasion notices to Volkswagen, Kia: What does Indian law say about importing CKD units - Explained

The proceedings in respect of Kia Motors follow a similar proceeding initiated against Volkswagen’s Indian Unit.

The Drive Report: New Mini Cooper S

Is the last petrol-powered Mini Cooper a worthy tribute to the storied hot hatch?

Rate cut to spur demand; 2-wheelers, entry small cars likely to gain: Auto industry

The industry players noted that the reduction in rates coming closely after the income tax relief provided to individuals will have a positive impact on the auto sector.

Hyundai launches new variants of Exter and Aura. Check latest features, prices

The automaker sold 54,003 units in its domestic market last month compared to 57,115 units in the year-ago period, Hyundai Motor India said in a statement

Kia contests $14 million India tax demand for wrongly using trade treaty exemptions

Kia's India annual sales stood at $4.45 billion in fiscal 2022/23, its highest ever, but net profit was $243 million for the same period.

Auto retail sales rise 7% in Jan; PV segment up 16%: FADA

Overall retail sales stood at 21,49,117 units in January 2024.

Ford likely to press pause on India plans, re-evaluate strategy

Ford had initially expressed strong commitment to its India plans, with Kay Hart, president of Ford International Markets Group, noting the importance of the Chennai plant in the company’s global export strategy.

Bookings for M&M's electric SUVs begin from February 14, deliveries start from March

Mahindra has planned a 'structured' production ramp-up with timelines for each variant, after it said it had received an 'overwhelming' response from customers.

India accuses Kia of evading taxes of $155 million in VW-like dispute: Report

Kia competes with Hyundai and Maruti Suzuki in the world's third-largest auto market, where it has a share of 6% of roughly 4 million units a year, and its Kia Seltos and Sonet SUVs are among the top sellers.

Ola teases production-ready electric bike Roadster X, launch tomorrow

Ola Electric announced the launch of its all-new Roadster series of motorcycles - Roadster, Roadster X, and Roadster Pro.

Automobiles start the year in high gear

There was positive growth in all sub-sectors. With the Budget measures, the auto sector is expected to remain positive

India emerges as a global export hub, shipments expand to 65 countries: Nissan

The company, which has commenced shipping 10,000 units of the left-hand drive (LHD) Magnite across various global markets, is considering the introduction of hybrid and CNG vehicles and more models in India, in addition to its already announced lineup for the country, Nissan India Operations President Frank Torres told PTI in an interview.

Volkswagen sues India to quash 'enormous' $1.4 billion tax demand, legal filing shows

In the biggest ever import tax demand, India in September slapped a $1.4 billion tax notice on Volkswagen for using a strategy to break down imports of some VW, Skoda and Audi cars into many individual parts to pay a lower duty.

Agri focus, tax relief to create positive momentum for auto sector

Hero MotoCorp Executive Chairman Pawan Munjal said the Union Budget 2025 fuels India’s growth engines with a bold push for manufacturing, green mobility

Carmakers see mild uptick in sales to dealers in January

Domestic sales of India's top four carmakers - which form 80 percent of the country's car market - rose 1.8 percent from a year ago

Kia reveals price of compact SUV Syros, to start at Rs 9 lakh. Know features, other details

The Syros is available in four trims HTK, HTK+, HTX, HTX+, with eight color options including Glacier White Pearl, Sparkling Silver, Pewter Olive, Intense Red, Frost Blue, Aurora Black Pearl, Imperial Blue, and Gravity Gray.

Tata Motors vehicle dispatches dip 7% in January

The auto major dispatched 86,125 units in January 2024. Total domestic sales declined 7 per cent year-on-year to 78,159 units last month, as compared to 84,276 units in the year-ago period, Tata Motors said in a statement.

Auto players to benefit from tax sops and higher rural income

Two-wheelers and entry-level cars likely to see a huge surge in demand

Yamaha R3, MT-03 prices reduced by upto Rs 1.10 lakh. Check latest price

The Yamaha R3 will now be priced at Rs3,59,900 (ex-showroom, Delhi) after introducing new prices and is available in Icon Blue and Yamaha Black colour options.

Ola Electric reclaims top spot in EV 2W market with 25% share in January 2025

With Gen 3, Ola aims to enhance performance, safety, efficiency and reliability, while also improving its gross margins by 20 percentage points over the next 12 months

Tata Motors Q3 FY25: JLR shines while domestic business remains muted

A healthy line-up of new products and strategic positioning of EVs should drive growth

Budget Snapshot | It’s time to turbo-charge electric vehicle sales

The government must set right the anomalies in tax structure wherein batteries and certain components in EV manufacture attract a higher GST than the EV itself

Maruti Suzuki, Tata Motors share prices jump ahead of Q3 results

Maruti Suzuki share price up 1.4 percent at Rs 1,2290 on NSE amid strong volumes. The stock climbed past its 200-day average today.

Volkswagen India faced customs clearance delays over alleged tax evasion case: Report

Skoda Auto Volkswagen India has previously said it complies with all laws and regulations and is cooperating with the authorities on the allegtions.

Honda says nearing 40% global motorcycle market share, led by India and the Global South

By 2030, Honda said it sees the global motorcycle sales reaching 6 crore units from the current 5 crore, including electric vehicles, powered by demand in what it calls the 'global south' region, comprising of India, Indonesia, the Philippines, Brazil and other South American nations.

Gensol Engineering's two-door, two-seater EVs evokes interest among fleet owners

Gensol claims the running cost of the EVs is as low as 50-60 paise per km, making it up to 80% cheaper to operate than petrol vehicles. Ezio is capable of covering 200 km on a single charge, said the company, with full charging in 2-3 hours.

Demand revival in emerging markets aids automobile exports grow 19% in 2024

Two-wheeler exports rose 23 per cent to 39,77,162 units as compared to 32,43,673 units shipped in 2023, led by motorcycles which grew by 24 per cent to 33,97,586 units.

The Drive Report: Audi RS3

Practical, everyday car and a card carrying member of Audi’s RS club. What’s not to love?

Ather Energy introduces multi-language dashboard

The scooter's dashboard will now support eight regional languages – Hindi, Marathi, Gujarati, Bengali, Tamil, Telugu, Malayalam, and Kannada, enhancing the overall riding experience, the company said.

JITO drives India’s largest group car purchase with BMW, Mercedes, and Toyota

The effort leveraged the collective purchasing power of JIIF’s members to negotiate significant deals, marking a milestone in India’s automotive sector, the press statement added.

Maruti Suzuki India to hike prices by up to Rs 32,500 across models from Feb 1

Due to rising input costs and operational expenses, the company plans to increase car prices, starting February 1, 2025, Maruti Suzuki India said in a regulatory filing.

JLR owner Tata Motors says profits hurt by China’s economic slowdown

During the September quarter, wholesale volumes in China were down 38% on-year, compared to a 44% jump in the North American market and a 6% increase in Europe.

Hyundai Motor Company sees slower growth in 2025 on 'macro uncertainties, competition'

The Trump administration's plans to revoke subsidies for electric vehicles is being seen as a headwind for the company's US plans. Hyundai, along with Kia Motors, where it owns a stake, have been highly popular EV options, second only to Tesla Inc, though by a wide margin.

Mahindra CEO Anish Shah says EVs to form 30% of product portfolio by 2030

Shah’s comments come as the world’s most-populous nation is framing policies to woo global investors in the EV sector

Need to encourage all technologies to cut carbon emissions, oil import: Maruti Suzuki

Speaking at SIAM's 3rd International Symposium for Thriving Eco-Energy in Mobility event here at Bharat Mandapam, he sought government support in facilitating correct carbon accounting of emissions from biofuels.

Trump orders end to ‘electric vehicle mandate,’ subsidies

Although automakers have options for complying with pollution limits, they’re currently expected to meet them by selling more lower-emission plug-in hybrids and zero-emission EVs, while also scaling back sales of internal combustion engine models.

Keen to have manufacturing in India, visa issue not affecting operations: BYD

Despite the political tension between India and China resulting in visa issues, the company has not felt any impact of it on its operations in the country and has also found acceptance of its products from the ’pragmatic’ Indian customers

Auto enthusiasts swarm Bharat Mandapam as Auto Expo opens for public

With the marquee event opening for the general public, scores of visitors were seen entering the Bharat Mandapam premises from the morning hours

Indian mobility market to grow 2x to surpass $600 billion by 2030: Report

Share of four-wheeler (4W) electric vehicles (EV) is expected to grow in the range of 15-17 percent by FY30 from 2.2 percent in FY24

Everything you need to know about VinFast, the Vietnamese premium EV maker that has just entered India

Its first offering in India, the VF7 is a large, luxurious, five-seater SUV with power rivalling that of German EVs

India's automobile industry will soon beat US, China to become number one in world: Gadkari

Presently, size of the US automobile industry is Rs 78 lakh crore, followed by China (Rs 47 lakh crore) and India (Rs 22 lakh crore)

BYD launches Sealion 7 EV in India, deliveries to begin in March

The company did not give details of pricing as it started accepting bookings for the vehicle at the Bharat Mobility Global Expo 2025 in New Delhi

Best of the Bharat Mobility Expo - Day 1

A round-up of the best concepts and launches from Day 1 of the Bharat Mobility Expo

VinFast to enter India with premium electric SUV to take on rivals

VinFast unveiled its VF6 and VF7 SUVs at the India Auto Show in New Delhi, as it hopes to draw buyers to its EVs and contribute to India's goals of eliminating carbon emissions on a net basis, said Pham Sanh Chau, VinFast's Asia CEO.

EVs dominate on opening day of Bharat Mobility Global Expo

The trend of eco-friendly technology vehicles dominated the theme across stalls

Carmakers at India auto show unveil charging network plans, new EVs

Fuel-guzzling cars still dominate India's roads, with EV sales rising, but still accounting for just 2.5% of annual sales.

Hyundai launches Creta EV at an introductory price of Rs 17.99 lakh

The Hyundai Creta EV will be available with two battery packs; one with 51.4 kWh battery pack (long-range) offering 473 km on a single charge and a 42 kWh battery pack offering 390 km on a single charge, according to the company.