Auto Sector

Auto makers activate 'Plan B' as gas crunch hits component suppliers 

With Tier 2 and 3 suppliers bearing the brunt of the disruption, the supply crunch is threatening to derail production cycles across segments, even as strong vehicle demand keeps pressure on manufacturers to maintain output

Does this auto ancillary stock merit a place in your portfolio?

CAL’s aluminium business remains a key growth driver aided by acquisitions of DR Axion and Sunbeam

Endurance Technology Q2 FY26: Multiple catalysts at work

The company is leveraging structural industry shifts, regulatory changes, and strategic partnerships to drive growth

GST reset fuels demand hopes: M&M, Maruti, Hero Moto, Eicher Motors, Escorts among beneficiaries

India’s auto industry is gearing up for an early festive boost after the GST Council rolled out sweeping tax cuts on small cars, SUVs, two-wheelers, tractors, and commercial vehicles. Analysts expect the move to trigger a 5 to 10 percent surge in demand and reset growth expectations across the sector

Exclusive: Ashwini Vaishnaw likens RMG to drug menace & Nitin Gadkari calls out petroleum lobby | MC Editor's Picks

Tune in for two Moneycontrol exclusives with Union Minister for Electronics and IT Ashwini Vaishnaw and Union Minister for Road Transport and Highways Nitin Gadkari. Vaishnaw talks about the road ahead post the ban on real money games and Gadkari addresses a wide range of topics from economic reforms, issues in the auto sector and the Bihar electoral roll revision. Also inside: RBI to go steady on rate cuts, Sebi heat on influencers, Walmart’s profits squeezed by investments & more.

India for stricter Rules of Origin in auto sector under India, UK trade agreement

Commerce Secretary Sunil Barthwal said the 'Rules of Origin' have to be such that they do not impact the Indian automobile sector negatively.

In Budget 2024, catalysts introduced to augment growth for auto sector

India's auto sector has received a major boost from the government's recent policies which focus on encouraging local manufacturing and lessening regulatory constraints

No major direct sops for auto sector in Budget 2024

However, Budget 2024 did continue allocations for the FAME and PLI schemes and lower duties on critical minerals can help lower cost of indigenously-made batteries for the EV market 

Economic Survey 2024: Auto PLI schemes attract Rs 67k-crore investment, FAME-II and ACC battery storage policy to boost industry

The automobile industry was helped by multiple government schemes in the fiscal year 2024 (FY24) during which the country produced around 49-lakh passenger vehicles, 9.9-lakh three-wheelers, 214.7-lakh two-wheelers, and 10.7-lakh commercial vehicles; the survey pointed out.

Budget 2024: Auto sector foresee key policy measures to drive growth, innovation and sustainability

Auto sector is keen on the government’s long-term roadmap on EV adoption, promoting domestic value addition, supply chain challenges, R&D, infrastructure development, etc

M&M, JSW in talks with Skoda Auto for potential partnership

One of the two Indian conglomerates may acquire a 15-20% stake in Skoda Auto Volkswagen’s Indian operations. The partnership is expected to boost Skoda’s distribution network and production capabilities in India

Passenger vehicles wholesales clock record 3,93,074 units in January, up 14%

Two-wheeler wholesales rose 26 per cent to 14,95,183 units last month as compared with 11,84,376 units in January last year.

Budget 2024: Auto cos seek continued push to green mobility, infra development

Firms urge ongoing support for green mobility in the upcoming budget, emphasizing infrastructure development. Interim budget presentation by Union government on February 1.

Interim Budget 2024: Auto industry seeks policy consistency, focus on EV

The industry also expects greater support for hybrid vehicles, lower GST on EV spares, and skilling initiatives for the EV workforce

Auto index rides on record festive sales to hit all-time high of 39,775

Auto sector are buoyant, as festive season sales increased by 19 percent compared to the previous year

Mercedes, Audi see record sales in festive season this year

The 89-day festive period this year between August 17 and November 14 saw overall passenger vehicle retail sales cross the 10 lakh mark. The 71-day festive season last year had witnessed sales of around 8.10 lakh units.

Auto sector Q2 preview: Revenue, profitability to jump on high prices, margin boost

The approaching festive season, price stability across various segments, enhanced consumer sentiment in both rural and urban areas leading to increased demand for discretionary products, and a favourable low base effect in certain segments is expected to aid the sector

Israel-Hamas conflict to have no immediate impact on Indian auto industry: SIAM president Vinod Aggarwal

India's auto sector, owing to its limited trade exposure with Israel, seems, for now, safe, at least as long as the conflict is being contained, the SIAM president added

What's the connection between the UAW strike in the US and India's auto sector?

The strike is not just about wages but also protecting employment in the wake up of an inevitable shift to battery-powered electric vehicles from internal combustion engine vehicles