Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenger car radial capacity by 52% and truck and bus radial capacity by 82% by 2029. This expansion is driven by anticipated market demand and follows a strong third-quarter performance with a 40% net profit increase.

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Electric 2-wheelers to see 16-18 pc volume growth in FY28 as rare-earth supply eases: Crisil Ratings

Electric two-wheeler sales in India are set to rebound. Growth is projected at 16-18 percent next fiscal year. This follows a moderation this fiscal due to supply issues. Easing rare-earth magnet availability is a key driver. Legacy players are gaining market share. Their dealer networks and product ranges are expanding. Electric two-wheelers maintain a strong cost advantage.

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Mahindra’s biggest export bet yet: 35,000 Scorpio Pik Ups head to Indonesia in landmark deal

Mahindra & Mahindra has secured its biggest export deal. The company will supply 35,000 Scorpio Pik Ups to Indonesia in 2026. These vehicles will strengthen rural cooperatives and improve food logistics. The deal will boost village commerce and support Indonesia's food security goals. Mahindra's Scorpio Pik Ups are known for durability and low operating costs.

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Exide Industries to grow exports by taking advantage of trade deals

Exide Industries is set to significantly boost its exports to the EU and US, targeting Rs 400-500 crore in incremental revenue by FY27. The company plans to leverage the India-EU free trade agreement and favorable US tariffs to expand its market reach, particularly for premium car segment batteries and forklift batteries.

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India-US trade deal to enhance competitiveness of auto components: ACMA

India's auto component industry welcomes the new trade deal with the US. This agreement is seen as a positive step that will boost the competitiveness of Indian goods in the American market. The deal offers greater predictability for trade and investment.

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Bajaj Auto January sales rise 25% at 4,77,422 units

Bajaj Auto witnessed a significant surge in January sales. Total sales climbed by 25 percent compared to the previous year. Domestic sales also saw a strong increase of 26 percent. Both two-wheeler and commercial vehicle segments contributed to this impressive growth. Exports also showed a healthy upward trend, reflecting robust performance across markets.

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Auto sales surge as tax cuts fuel demand momentum

This marked the fourth straight month of a double-digit growth in domestic car sales. Car sales grew by 17% in October, 19% in November, and 27% in December, as consumers rushed to showrooms to benefit from price cuts on cars and SUVs following a reduction in goods and services tax (GST) with effect from September 22.

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Maruti Suzuki's production constraints to last a few more months, exec says

Maruti Suzuki anticipates production challenges to continue for several months, impacting its ability to meet surging local demand. Despite flat domestic sales in January, the company saw a significant jump in exports. With 175,000 pending bookings, Maruti is working overtime and exploring new capacity additions for 2026 to shorten customer waiting periods.

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Maruti Suzuki weighs price hike as commodity costs surge, demand stays strong

Maruti Suzuki may increase vehicle prices soon. Rising commodity costs, especially precious metals, are pushing up expenses. The company is trying to absorb these costs through efficiencies. However, sustained pressure might lead to price hikes for consumers. Maruti Suzuki has a large order backlog and is working to increase production capacity. The e Vitara will launch this month.

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Maruti Suzuki sales up 12% to 2,36,963 units in January, highest ever monthly sales volume

Maruti Suzuki India saw a significant 12 percent jump in total sales for January. The auto giant dispatched 2,36,963 units, a notable rise from the previous year. Domestic passenger vehicle sales showed a marginal increase. Utility vehicle sales experienced strong growth. Exports also surged impressively, contributing to the overall positive performance for the month.

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Union Budget strengthens India's long term economic trajectory: Ashok Leyland

Union Budget 2026: Finance Minister Nirmala Sitharaman presented a budget focused on growth and development. Increased spending on infrastructure, manufacturing, and defence will boost economic growth. This will drive demand in the commercial vehicle sector. The budget also supports key sectors like healthcare, education, and agriculture. It advances initiatives in AI and energy transition.

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