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CV sales are at a crossroads given weak demand from user industries but there are some signs of improved business sentiment and reasons to believe in recovery
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In FY24, India exported $21.2 billion worth of auto components all over the world, 3 percent of which was to the United Kingdom, according to data from ACMA.
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Diversified growth, strategic launches boost long-term prospects
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In this segment of Overdrive, we take a look at Brixton Cromwell 1200, an Austrian brand with a British-sounding name, a Chinese manufacturing partner, and a bike that looks like it time-travelled from 1968 wearing a Triumph disguise. Meet the Cromwell 1200. It's not heritage in the classic sense. It's heritage by intent. But in a world where image often matters more than origin, does it make a difference?
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April 2025 saw TVS Motor overtake Ola Electric, and Bajaj Auto increase its market share, signalling a more competitive, brand-driven e2W landscape.
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The last calendar year saw the sale of 80,000 pre-owned cars in the country, compared to 50,000 new ones, which was the highest-ever
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Can rakish, otherworldly looks, outright speed and dynamism allow Mahindra’s born-electric EV to rule the segment? Or is there a missing ingredient?
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Mixed signals across segments in April 2025
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U.S. President Donald Trump held a major rally in Michigan to mark the first 100 days of his second term, emphasizing trade policy and its impact on the auto industry. Michigan, hit hard by Trump's steep trade tariffs, was the backdrop for his announcement of an executive order easing tariffs on cars and auto parts. Trump said the move offers U.S. automakers temporary relief while pushing them to increase domestic production. The order includes a one-year rebate of 3.75% on vehicle sales prices, decreasing to 2.5% in the second year. Automakers and analysts warn the tariffs could raise car prices, hurt sales, and reduce global competitiveness. Industry groups have urged Trump to scrap the auto parts tariffs entirely, warning of potential layoffs and bankruptcies. Trump insisted the U.S. holds leverage in trade talks, stating foreign nations, including China, are eager to negotiate deals. He reaffirmed his intent to prioritize American manufacturing.
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Ather’s Tarun Mehta said the ongoing tariff tussle is primarily between the US and China, and India, not being directly involved, could benefit.
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Robust demand from rural and international markets supports quarterly performance
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Acquisition to double market share in the over-3.5T commercial vehicle segment
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Ather brings innovation to the market, but profits may take time to materialise
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Strong rural demand and exports offset domestic slowdown
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Though domestic demand is likely to remain muted, medium- to long-term outlook is promising
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China’s has restricted the supply of the magnets to India since April 4, industry sources have said
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Bhargava calls for creating a new category of small cars, like the Kei cars in Japan, with lower taxation and compliance to help two-wheeler owners upgrade to four wheelers
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CATL teased the latest innovations at its Tech Day on Monday in Shanghai — a multi-hour event that took place in a converted warehouse on the outskirts of China’s financial capital
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Creta emerged as the largest-selling model in the domestic passenger vehicle segment in March with sales of 18,059 units.
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Overall exports last fiscal stood at 53.63 lakh (53,63,089) units as compared with 45 lakh (45,00,494) units in 2023-24 fiscal ending March 31, 2024.
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The less expensive mass-market vehicles have been widely anticipated by Tesla fans and investors who hope they will attract a fresh group of customers and reverse the EV maker's falling sales and eroding market share.
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Elon Musk had said in 2022 that Tesla, which was earlier seeking a reduction in import duties to sell its vehicles in India
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With all three seats up, the Kodiaq offers 281 litres of luggage space. With the third-row seats folded to the floor, this luxury SUV can carry 786 litres of luggage, and with both the rear rows down, the Kodiaq affords a cavernous carrying capacity of 1,976 litres
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Carmakers sold a record 4.3 million units in the world’s third-largest car market, according to the Society of Indian Automobile Manufacturers (SIAM), but the growth was at least a four-year low.
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Toyota’s plush MPV continues to trounce the heftiest of SUVs in the battle for the ultimate for of personal mobility
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Kia Syros displayed high crash protection standards in the test, demonstrating its exceptional ability to safeguard occupants in a variety of impact scenarios
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The Dark Edition C3 will be available from Rs 8,38,300 onwards, the Dark Edition Aircross will be available from Rs 13,13,300 onwards, and the Dark Edition Basalt will be available from Rs 12,80,000 onwards.
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Designed especially for first-time EV adopters, this mode offers a driving feel akin to internal combustion vehicles, making the transition to electric smoother, more natural, and instantly comfortable, the company said.
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It faces short-term challenges amid US shipment halt, but long-term growth outlook remains positive
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The company attributes discrepancies between its order data and VAHAN portal figures to disruption due to the transition of the registration process in-house as part of an efficiency initiative.
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British arm Jaguar Land Rover clocked 1,11,413 units in the fourth quarter, up 1 per cent from the same period a year ago.
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Wholesale volumes for the three months through March rose more than 14% from a year earlier, the British luxury sport utility vehicle maker said Monday
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A bumpy road ahead for JLR with revenue and earnings cuts in the near-term seen given the need to rework trade terms with the US market
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Jaguar Land Rover Automotive, one of Britain’s biggest carmakers, said Saturday that the pause would take place this month.
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Automakers still lose thousands of dollars on each EV they make and sell, but they make money from big, popular gas-guzzling pickup trucks and SUVs.
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India’s gems and jewellery industry is bracing for impact and so is the agriculture sector in the near-term, with the possibility of re-routing.
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As part of reciprocal tariffs on about 60 countries to counter higher duties on American products imposed globally, the U.S. on Wednesday announced 27 percent reciprocal tariffs on India.
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'This industry-first purchase and delivery transformation has been made possible due to the company’s strategic decision to leverage AI for automation and moving its vehicle registration process in-house,' says Ola.
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A number of Indian auto component makers have significant exposure to the US. Their customers include Ford, General Motors, Stellantis, Tesla, and others.
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The high exposure of JLR makes US a key market for Tata Motors, and experts see a hit on revenue and profitability due to the imposition of tariffs on imported car and components. Trump called the trade imbalances as 'horrendous', which have devastated America's industrial base.
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India exported $3.67 billion worth of automotive components to the US during H1FY25
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New Delhi's plan to cut duties on EVs and other goods comes as it seeks to build bridges with Trump - who has referred to India as a 'tariff king'
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"The company is constrained to pass on some of the increased expenses to the market," Maruti Suzuki said in its exchange filing.
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Strong sales growth seen across segments helped by festive season, bumper Rabi harvest, and increasing disposable incomes
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If that 390,000-vehicle estimate holds when Tesla reports production and delivery figures Wednesday, it would represent its worst quarter in a year
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Car prices, across brands and segments are witnessing an price hike of up to 3 percent. However, dealers continue to offer major discounts on MY24 models and more
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Ford Motor, General Motors and Chrysler parent Stellantis NV are lobbying the administration to exclude certain low-cost car components from the planned tariffs
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SML Isuzu overall sold 14,221 units in FY25, over 3 percent higher than the 13,797 units sold in the previous financial year.
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Renault Group will acquire the remaining 51% shareholding in Renault Nissan Automotive India Private Ltd, currently held by Nissan Motor Corp, taking complete ownership of the manufacturing plant
