Mahindra & Mahindra sales increase 20 pc in May at 99,636 units

Mahindra & Mahindra reported a 20% year-on-year growth in total vehicle sales for May, reaching 99,636 units. The utility vehicle segment saw an 11% increase in domestic sales, while commercial vehicle sales rose by 19%. The company cited sustained demand, though supply chain challenges persist.

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Hyundai Motor India's domestic sales rise 9.1% to 47,837 units in May

Hyundai Motor India achieved strong sales in May 2026. Domestic sales grew by 9.1 percent to 47,837 units. Total sales, including exports, reached 61,137 units, a 4.1 percent increase. For the first two months of FY27, domestic sales rose 13 percent. This shows continued positive momentum for the company.

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Commercial vehicle makers strengthen non-core business to ride out 'cyclical' bumps

India's commercial vehicle makers are diversifying beyond truck sales to stabilize revenue. Companies like Tata Motors, Ashok Leyland, and VECV are seeing significant growth in spare parts, financing, and fleet services. This strategic shift aims to create recurring income streams, mitigating the impact of the market's cyclical nature and economic fluctuations.

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India becomes BlaBlaCar's largest market as fuel price surge boosts carpooling

Rising fuel prices triggered by the Middle East war are driving a sharp increase in carpooling, with a ride-sharing platform reporting a surge in new users seeking cheaper ways to travel. This trend has been more pronounced in countries where fuel price increases driven by the war have been sudden and significant, combined with limited government support, such as in France.

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Stellantis plays down European scope for JLR and Tata partnerships

Stellantis Europe chief Emanuele Cappellano revealed no immediate plans to extend recent partnerships with Jaguar Land Rover and Tata Motors to the European market. While these collaborations are focused on the US and India respectively, Cappellano indicated potential consideration for Europe only if a clear product opportunity arises.

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China's SAIC to sell another 10% stake in Indian car venture to local partner JSW - sources

China's SAIC Motor is selling an additional 10% stake in its Indian car venture, JSW MG Motor, to local partner JSW Group. This move will elevate JSW to the largest shareholder, granting it greater operational control. SAIC's decision stems from India's investment curbs, hindering expansion plans despite previous stake dilution.

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India auto wholesales expected to sustain uptrend across segments through FY26–28: Nuvama

India's automotive sector is set for sustained growth trajectories over the next two fiscal years, with passenger vehicles and two-wheelers expected to outpace heavy commercial vehicles and tractors.

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Tata AutoComp, Jahwa Electronics forge JV to manufacture heaters for EVs

Tata AutoComp Systems has partnered with Korea's Jahwa Electronics. They will jointly manufacture advanced PTC heaters for electric and hybrid vehicles in India. This venture positions India as a key hub for Jahwa. It aims to supply both low-voltage and high-voltage PTC heaters. This move supports the growing investments in India's EV and hybrid vehicle markets.

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Tata Motors launches next-gen Tiago at Rs 4.69 lakh, Tiago.ev starts at Rs 6.99 lakh

2026 Tata Tiago Facelift Launched at Rs 4.69 Lakh. Tata Motors has launched the new Tiago hatchback and Tiago.ev. These models feature updated styling and advanced technology. Customers can choose from petrol, CNG, and electric powertrains. The company aims to offer premium experiences in affordable hatchbacks. The Tiago is the only hatchback in its segment with these diverse powertrain choices. The Tiago.

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Hyundai Motor India to hike car prices by up to Rs 12,800 from June 1

Hyundai Motor India will raise car prices by up to Rs 12,800 starting June 1, 2026. This decision follows earlier announcements and considers market conditions and customer interests. The automaker cites increased input and operational costs for the price adjustment. This move mirrors Maruti Suzuki India's similar price hike announcement.

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MG Majestor launched: Check price, booking amount, features, engine, offers and other key specs

JSW MG Motor India has launched its new 'Majestor' SUV, India's first D+ SUV, starting at Rs 40.99 Lakhs. The vehicle boasts a twin-turbo diesel engine, advanced 4WD with 10 off-road modes, and a premium interior with dual 12.3-inch displays. It also features Level 2 ADAS for enhanced safety.

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JK Tyres lines up Rs 4,900 crore capex plan till FY30

JK Tyre plans a massive 4,900 crore investment by FY30 to expand its production capacity. This significant outlay signals strong confidence in future demand across vehicle segments. The company is already undertaking a 1,130 crore expansion. This strategic move aims to increase capacity by nearly a fourth, with a focus on passenger car radial tyres.

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Maruti Suzuki rolls out WFH, bans non-critical foreign travel in line with PM Modi's austerity call

Maruti Suzuki India Ltd is adopting austerity and efficiency measures. These steps aim to conserve fuel and reduce foreign exchange expenditure. The company is encouraging work from home where possible. Travel is being minimized, with virtual meetings preferred. Employees are urged to carpool and use public transport. Offices will optimize energy use.

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HPCL, Tata Motors partner for used lubricant pilot project

Hindustan Petroleum Corporation Ltd and Tata Motors have joined forces for a pilot project. This collaboration aims to create an organized system for managing used automotive lubricants. The initiative will focus on collection, storage, and recycling of this hazardous waste. It supports India's Extended Producer Responsibility framework.

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Toyota Kirloskar to invest Rs 1,200 crore at KWIN City in Karnataka

Toyota Kirloskar Motor will establish its first global 'BizIntel Hub' in Karnataka's KWIN City, investing Rs 1,200 crore over five years. The 300-acre facility will focus on vehicle manufacturing, testing, and advanced automobile production, creating approximately 200 jobs. This marks the first major investment for the KWIN City project.

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Ashok Leyland secures order for 715 vehicles from VRL Logistics

Ashok Leyland has received a significant order for 715 vehicles from VRL Logistics. The order includes haulage trucks and staff buses. Deliveries are underway, with 300 trucks already supplied. The remaining vehicles will be delivered this year. This strengthens the partnership between the two companies. The new vehicles feature advanced technology for better productivity and profitability.

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Nissan unit Jatco scraps EV powertrain plant plan in UK amid weak demand

Nissan's subsidiary Jatco has cancelled plans for electric vehicle powertrain manufacturing in Sunderland, Britain. This decision stems from lower than expected demand for Nissan's electric vehicles across Europe. The move follows Nissan's earlier announcement to reduce its global auto production plants. This impacts future manufacturing strategies for electric vehicle components in the UK.

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Hero MotoCorp confident of strengthening leadership, riding on new launches, e-scooter sales: CEO Harshavardhan Chitale

Hero MotoCorp expects to maintain its market leadership and deliver double-digit growth in FY27, driven by strong demand for scooters, electric vehicles, exports and premium motorcycles, CEO Harshavardhan Chitale said.

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Honda to drive in over 10 new models by 2030

Honda is set to introduce more than ten new models in India. This includes sports utility vehicles with petrol, hybrid, and electric powertrains. The company will launch its first electric vehicle in the latter half of the current financial year. Compact and mid-sized SUVs are also planned, with local manufacturing. India is a key market for Honda's future growth.

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Looking to bring more than 10 new models in India by 2030: Honda Cars India

Honda is set to introduce more than ten new models in India by 2030. This includes electric vehicles and compact SUVs. The company sees India as a key growth market. Honda will launch its first full electric vehicle in the second half of this fiscal. The company aims for double-digit growth in India this year.

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Honda City facelift, Honda ZR-V: Price, features, engine and more

Honda Cars India has unveiled the all-new ZR-V premium hybrid SUV and launched the updated City sedan starting at Rs 11.99 lakh. The refreshed City boasts cosmetic upgrades and new features like ventilated seats. The ZR-V, expected as a CBU, will compete in the premium SUV segment with its hybrid powertrain and advanced technology, targeting comfort-focused buyers.

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Automakers remodel supply chain strategy

Indian carmakers are shifting from a 'just-in-time' to a 'just-in-case' inventory strategy, stocking critical auto components for three to six months instead of the previous 30-45 days. This change is a direct response to persistent supply-chain disruptions driven by geopolitical factors, signaling a new permanent operating reality for the industry.

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Isuzu Motors India brings new leasing solution for crew-cab pickup truck

Isuzu Motors India has launched a new leasing option for its ISUZU D-Max S-CAB pickup truck. This move targets businesses and fleet operators. The leasing model offers a convenient way to access commercial vehicles. It removes the burden of ownership and upfront capital investment. This makes Isuzu commercial vehicles more accessible and financially efficient for entrepreneurs.

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Maruti cars could cost Rs 30,000 more soon. Here's why

Maruti Suzuki announced a price increase of up to Rs 30,000 across its vehicle range, effective June 2026. This decision stems from sustained rises in input costs and inflationary pressures. The automaker has been implementing cost-reduction measures but must now pass on a portion of these increased expenses to customers.

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JSW Motors ties up Rs 8,000 crore funding from India’s top bank

JSW Motors, part of Sajjan Jindal's business empire, has secured a significant 80 billion rupee funding line. This financial boost from State Bank of India will fuel the development of a new greenfield manufacturing facility in Maharashtra. The venture aims to establish India's first homegrown new energy passenger vehicle brand in decades.

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Stellantis plans partnerships with Dongfeng in Europe, JLR in US

Stellantis is joining forces with China's Dongfeng to create a dynamic joint venture aimed at producing new energy vehicles right in the heart of Europe. With plans for manufacturing facilities in France, this partnership reflects Stellantis's bold strategy to widen its market influence.

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AI helping India's engineering hubs generate IP faster, Daimler Truck executive says

Indian engineering hubs for global firms are accelerating intellectual property generation and mitigating supply chain risks, according to a Daimler Truck executive. AI is further speeding up innovation and engineering work, as companies increasingly rely on local hubs for product development. This trend is also influencing hiring, with a growing demand for niche talents in AI and cybersecurity.

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Challenging times for Indian auto even as long-term demand trends hold: Assocham's Nirmal Minda

India's automotive industry is facing the dual challenge of escalating costs and uncertainties in global trade. Yet, the future looks good with robust long-term demand and a significant pivot towards electric vehicles, says Assocham president Nirmal Minda.

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Automakers' joy ride hits a big cost hurdle

Rising input costs and freight charges, driven by the West Asia crisis, are pressuring automakers to increase vehicle prices. This surge in expenses, coupled with a depreciating rupee, threatens to derail the strong demand rally seen post-GST cuts. While sales have shown robust growth, companies face a dilemma between absorbing costs or passing them to consumers.

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MINI Cooper S GP Inspired Edition launched in India: Check price, features and more

MINI has launched the Cooper S GP Inspired Edition in India. This special model is a limited import, with only 30 units available. It features exclusive GP-inspired styling and performance enhancements. The car boasts a powerful engine and advanced digital technology. Deliveries have already begun across authorized MINI dealerships.

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Honda City facelift reaches dealerships ahead of May 22 launch; discounts rain on old model

The Honda City facelift has been spotted at dealerships ahead of its May 22 India launch, showcasing cosmetic and feature upgrades. Buyers can still avail significant discounts on the current model. The updated sedan is expected to feature revised styling, a larger infotainment screen, ventilated seats, and a 360-degree camera, while retaining its current engine options.

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Maruti Suzuki starts commercial production at second Kharkhoda plant

Maruti Suzuki has boosted its annual production capacity to 26.5 lakh units with the inauguration of its second plant at Kharkhoda, Haryana. This new facility, alongside its existing counterpart, brings the Kharkhoda site's combined capacity to 5 lakh units. The expansion aligns with the company's strategic plan to enhance manufacturing capabilities across its four key locations.

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JLR readies recovery plan to get fit for new 'world order'

Jaguar Land Rover is implementing a three-part recovery plan following its worst annual net loss in five years. The strategy targets reducing procurement and warranty expenses while enhancing digital systems. The company aims to restore its cash break-even point and achieve significant savings. New electric vehicle launches are expected to drive future growth.

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Hero MotoCorp lines up Rs 1,500 crore capex for FY27 to double scooter production capacity

Hero MotoCorp plans a significant Rs 1,500 crore capital expenditure for fiscal year 2027. This investment aims to double its scooter production capacity. The company is also building a global parts centre in South India with an investment exceeding Rs 700 crore. Demand momentum remains strong despite global uncertainties.

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In fast lane: The twin drivers behind MoTown India's fast & furious April show

April auto sales: India's auto sector began FY27 with strong sales. Passenger vehicles and two-wheelers saw significant year-on-year increases. SUVs continued to lead the passenger vehicle market.

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ET Graphics: Auto industry opens FY27 in top gear despite geopolitical tensions

India’s automobile industry began FY27 on a strong footing, with robust vehicle sales across segments despite ongoing geopolitical uncertainties and global economic concerns. Strong consumer demand, improved rural sentiment and continued momentum in passenger and two-wheeler categories helped automakers post healthy growth at the start of the new financial year.

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Tata Motors Q4 profit falls 32% to ₹5,783 crore on weak JLR performance

In the March quarter, Tata Motors reported a significant 32 percent drop in net profit, reflecting increased operational costs and obstacles at Jaguar Land Rover. On a brighter note, the domestic market delivered impressive growth, with passenger vehicle sales up nearly 50 percent.

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TVS Motor onboards Ravindran Shanmugam as independent director

TVS Motor Company has appointed Ravindran Shanmugam as an independent director. Shanmugam brings extensive experience in technology and consumer-focused businesses. His expertise in digital transformation and AI-led platforms will support TVS Motor's future growth ambitions. The appointment is effective May 13 and requires shareholder approval. Shanmugam's insights will contribute to the company's strategic direction.

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Passenger vehicle dispatches rise 25.4 per cent YoY at 4,37,312 units in April: SIAM

Indian auto sales started the new fiscal year strongly. Passenger vehicle dispatches saw a significant jump of 25.4 percent in April. Utility vehicles and passenger cars drove this growth. Two-wheeler sales also surged by 28.4 percent. Three-wheeler dispatches increased by 32.8 percent. Overall vehicle wholesales grew by 27.9 percent, indicating robust demand despite global concerns.

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Big auto bets big: Carmakers line up Rs 40,000-crore capex push amid demand boom

While Maruti Suzuki has earmarked record investments of Rs 14,000 crore in FY27 to add annual capacity for 500,000 cars, Hyundai Motor India has budgeted for an all-time high capex of Rs 7,500 crore for introducing two new SUVs and ramp up production at its new facility in Talegaon (Maharashtra).

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Closing monitoring effects of West Asia conflict: TVS Motor Company CEO

TVS Motor Company is closely watching the West Asia conflict's impact. The company faces rising commodity prices and supply chain issues. Initiatives are underway to cut costs and improve product mix. May is expected to be better, with strong Q1 growth anticipated, surpassing the industry.

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Maruti Suzuki earmarks Rs 1,372 crore on green logistics, crosses 30 lakh dispatches via rail

Maruti Suzuki is investing Rs 1,372 crore in green logistics infrastructure. The company plans to increase vehicle dispatches by rail to 35 percent by fiscal year 2030-31. This initiative will reduce carbon footprint and fuel consumption. The carmaker has already achieved significant growth in rail-based dispatches over the past decade.

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Toyota to set up new vehicle manufacturing plant in Maharashtra, operations from 2029

Toyota Kirloskar Motor will establish a new vehicle manufacturing plant in Maharashtra. Operations are slated to begin in the first half of 2029. The facility will produce a new SUV with an annual capacity of 100,000 vehicles. This expansion aims to boost Toyota's presence in India and serve international markets. The plant will create approximately 2,800 jobs.

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Toyota to build new 100,000-units-a-year car factory in India

Toyota announced plans to construct a new 100,000-vehicles-a-year factory in Maharashtra, India, slated to commence production in the first half of 2029. The facility, situated in the Bidkin Industrial Area, will produce a new SUV model and is expected to create approximately 2,800 jobs.

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BS7 norms may finally end diesel's last stronghold in Indian SUVs

Diesel engines remain popular for Indian SUVs, offering torque and efficiency for long drives. However, upcoming BS7 emission standards will significantly increase costs. This could force buyers to reconsider diesel, potentially shifting them towards CNG, hybrid, or electric vehicles. Automakers are also diversifying their powertrain options to cater to evolving customer needs and regulatory changes.

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‘Bullet Raja’ Royal Enfield leaves Audi, Ferrari behind in global race, becomes world’s 3rd strongest auto brand

Royal Enfield has achieved the world's third strongest automotive brand status, surpassing Audi and Ferrari according to the Brand Finance Automotive Industry 2026 report. With a brand strength score of 88.9 and an AAA rating, the Indian motorcycle company's brand value has surged by 30% to $1.2 billion, driven by its global expansion and focus on retro-style motorcycles.

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Hyundai India plans ₹7,500-cr capex for FY27 as Q4 net falls

Hyundai India is investing ₹7,500 crore and launching two new models this fiscal year to capitalize on rising demand. The company plans to expand its Pune facility, boosting annual capacity to 1.14 million units by 2030. Despite a profit dip in Q4 FY26, domestic sales and exports showed strong growth, with record rural penetration and CNG contributions.

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Hyundai Motor India lines up Rs 7,500 cr capex for FY27; eyes to reclaim no 2 spot

Hyundai Motor India plans to invest Rs 7,500 crore in capex by FY27, aiming to regain its number two position in the domestic passenger vehicle market. The company will launch two new models this year, including a mass segment electric SUV, and expects 8-10% growth in domestic sales and exports.

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Tata Motors rolls out VRS after union push; around 300 employees opt in

Tata Motors recently offered a voluntary retirement scheme to its employees. This initiative was a response to demands from worker unions. The scheme targeted permanent staff aged 40 to 55. It provided flexible compensation options and medical benefits. The company aimed for a leaner manufacturing footprint.

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Hyundai Creta revised variant launched: Check key features and other details

Hyundai India has updated the Creta for 2026. Several variants, including SX Tech and SX(O), are discontinued. This simplifies the SUV's offerings. The Creta now features seven trims. Prices range from Rs 10.79 lakh to Rs 19.90 lakh. Advanced driver assistance systems are now exclusive to the top King variant. Three engine options remain available.

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Royal Enfield will expand outside Tamil Nadu, to set up unit in Andhra Pradesh

Royal Enfield is investing Rs 2,200 crore to build a new manufacturing facility and vendor park in Andhra Pradesh. This marks the company's first expansion outside Tamil Nadu. The new plant will significantly increase Royal Enfield's annual motorcycle production capacity. The project is expected to create thousands of jobs and boost Andhra Pradesh's manufacturing sector.

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West Asia war hits motorcycle demand, specially in entry segment: Bajaj Auto

The West Asia conflict is softening demand for entry-level motorcycles in India. Bajaj Auto sees a significant slowdown from over 20 percent growth to an expected 7-9 percent. Conversely, electric scooters are gaining traction, with Bajaj Auto's Chetak sales surging. Rising fuel prices and commodity costs are also influencing consumer choices towards electric alternatives. The industry anticipates continued challenges.

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Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?

Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Despite facing capacity constraints and a reliance on a few key models, the brand aims to sharpen its identity and premium experience for a younger demographic.

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Tata launches ultra diesel variants of Harrier and Safari; check price, features and other details

Tata Motors has introduced new diesel versions of its Harrier and Safari SUVs. These models boast a large Harman infotainment system with Dolby Atmos. Advanced features like an integrated dashcam and memory ORVMs are included. The company also reported strong sales figures for April 2026. Passenger vehicle sales saw a substantial increase compared to the previous year.

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Harley-Davidson bets on affordable models, dealer network in latest turnaround effort

Harley-Davidson is launching a new plan called 'Back to the Bricks'. This strategy focuses on making more affordable motorcycles and strengthening its dealer network. The company aims for significant profit growth and cost reductions by 2027. New models like the Sprint and revived Sportster are planned. This move comes as economic pressures affect consumer spending on big-ticket items.

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JLR cuts prices of imported models from Britain by up to Rs 75 lakh in anticipation of India-UK FTA

JLR India has announced significant price reductions of up to Rs 75 lakh on its UK-imported Range Rover SV and Range Rover Sport SV models. These price cuts, effective immediately, anticipate the India-UK Free Trade Agreement (FTA). The company aims to make its aspirational SV portfolio more accessible to clients, bolstering its growth in the Indian market.

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Sona Comstar sets sights on acquisitions, EV-focused order book to drive growth

Sona Comstar is actively seeking acquisitions to utilize its substantial cash reserves. The auto-components maker is building on a large order book, with a growing emphasis on electric vehicles. The company is open to deals up to ₹2,000 crore or more, targeting technology and new product adjacencies. While domestic acquisitions are preferred, international options are not ruled out.

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Hero MotoCorp appoints Sachin Agrawal as CTO

Hero MotoCorp has appointed Sachin Agrawal as its new Chief Technology Officer, effective from May 21. Agrawal will lead the company's research and development transformation. He brings over 29 years of experience in automotive R&D and technology leadership. Agrawal previously worked at VE Commercial Vehicles and began his career at Daewoo Motors.

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Bajaj Auto total sales up 40% at 5,13,792 units in April

Bajaj Auto has announced a significant sales surge for April. Total sales climbed by 40 percent, reaching over 5.13 lakh units. This impressive growth was driven by a substantial 83 percent increase in exports. Domestic sales also saw a healthy rise of 13 percent. The company's two-wheeler segment performed strongly, with both domestic and export figures showing robust gains.

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Maruti Suzuki India starts FY27 with increase in market share to 42 pc

Maruti Suzuki India has kicked off fiscal 2026-27 with a significant market share increase to 42%, up from 39% in the previous fiscal. The company achieved record domestic sales of 1,91,122 units in April, driven by strong performance in both passenger cars and SUVs. Passenger car sales saw a substantial rise, while SUV sales surged by 141.6%.

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TVS Motor Company total sales up 7 pc at 4,73,970 units in April

TVS Motor Company announced strong sales figures for April 2026. Total sales saw a 7 percent increase. Two-wheeler sales also grew, driven by a significant jump in scooter sales. Electric vehicle sales and three-wheeler sales registered substantial growth. International business also contributed to the positive performance. This indicates a robust month for the company.

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'Demand for Maruti cars healthy in local market despite global challenges,' says senior executive Partho Banerjee

Maruti Suzuki anticipates strong growth this financial year. Demand for its cars remains high, exceeding supply. The company plans to increase production to meet pending orders. New capacity additions are underway. Maruti Suzuki aims to grow faster than the industry, introducing new products to capture market share. This expansion is supported by favorable economic conditions.

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Maruti Suzuki sees double-digit growth in FY27 as demand holds firm despite West Asia tensions

Maruti Suzuki anticipates strong growth this financial year, aiming for over 10 percent. Domestic demand remains robust, exceeding supply. The company is expanding production capacity to meet pending orders. Positive economic factors like GST cuts and lower interest rates are boosting sales. Maruti Suzuki is also diversifying export markets to mitigate geopolitical risks.

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Mahindra & Mahindra Ltd total sales up 14 per cent at 94,627 units in April

Mahindra & Mahindra announced strong sales figures for April. Total vehicle sales saw a 14 percent increase compared to last year. Passenger vehicle sales grew by 8 percent domestically. Tractor sales also performed well, rising 21 percent overall. This positive start to the fiscal year highlights robust demand for Mahindra's offerings.

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