Mahindra & Mahindra vehicle sales rise 15% in September at over 1.14 lakh units

Mahindra & Mahindra reported significant growth in their auto sales for September, with totals reaching 1,14,874 vehicles. The company achieved a 15% year-on-year increase in overall sales, including exports. Domestic sales exceeded 64,000 units in the Utility Vehicles segment, which marks a notable rise. Additionally, commercial vehicle sales also saw a 14% growth, amounting to 30,420 units.

from Auto-Industry-Economic Times https://ift.tt/S4k8nXb

Stricter CAFE III norms notified for automakers: Cos need to cut average fuel usage of PV fleets over a 5-year period

The Indian government has rolled out the CAFE III guidelines, pushing automakers to significantly reduce fuel consumption. This will entail a consistent decline in the average fuel usage of passenger cars over the next five years.

from Auto-Industry-Economic Times https://ift.tt/WQklh2I

In CAFE 3, auto companies have wider choices and a better view of the road

India's new CAFE 3 emission norms are set to reshape automakers' investment strategies by promoting cleaner technologies alongside electric vehicles. These regulations introduce a credit system for various powertrains, encouraging firms to rethink their portfolios and investments through March 2032. This shift could impact companies heavily invested in battery EVs, offering a broader compliance path for others.

from Auto-Industry-Economic Times https://ift.tt/Aoi8Cbe

Fuel-efficiency rules 2027: How CAFE-III norms will affect EVs, hybrids, small cars & petrol vehicles

India’s CAFE-III norms will come into force from April 1, 2027, tightening fleet-wide fuel-efficiency targets for passenger vehicle manufacturers until March 2032. The framework offers higher compliance benefits for EVs, hybrids and alternative-fuel vehicles, allows credit trading and incentives for fuel-saving technologies, and introduces carbon-neutrality factors. The rules could influence automakers’ product strategies and future vehicle choices.

from Auto-Industry-Economic Times https://ift.tt/Lht5eAI

New BMW 3 Series unveiled: Check i3, M350 xDrive price, range, features and more

BMW has introduced the eighth-generation 3 Series, featuring a fully electric i3 promising impressive range capabilities. The petrol variant, M350 xDrive, offers swift acceleration and innovative driving modes. Launching with two electric models, the new series integrates advanced Neue Klasse technology for enhanced performance. Additionally, BMW plans to expand its line with a plug-in hybrid option within the year.

from Auto-Industry-Economic Times https://ift.tt/cnPtSU4

CAFE III fuel efficiency norms notified for cars: 3x credit for battery EVs, no special benefit for small cars

The Indian government has announced Corporate Average Fuel Economy norms for passenger vehicles effective from April 2027. These standards include fuel consumption calculations based on various vehicle types, including electric and hybrid models. Manufacturers must report CO2 emissions and actual fuel consumption annually to ensure compliance. A system of credits and debits will be established for vehicle manufacturers based on their compliance levels.

from Auto-Industry-Economic Times https://ift.tt/xaWgF2Y

Skoda Auto India to hike car prices by up to 1.2% from October 1

Skoda Auto India announced a price increase of up to 1.2% for its vehicle lineup from October 1, 2026. The increase, capped at ₹20,000, is due to rising input and operational costs. This revision affects the ex-showroom prices across various models and variants offered by Skoda. The automaker has experienced significant growth, with over 250,000 cars sold during its expansion phase.

from Auto-Industry-Economic Times https://ift.tt/cbuLR2W

Tata Motors PV eyes 15% market share soon, targets 20% by FY31, says MD Shailesh Chandra

Tata Motors Passenger Vehicles is approaching a 15% domestic market share and aims to reach 20% by FY31. The company plans to achieve substantial growth through product innovation and powertrain diversification. Focus areas include expanding into unentered segments and addressing evolving consumer affordability.

from Auto-Industry-Economic Times https://ift.tt/LapKGTh

Mass market automakers gaining ground in the premium segment; Mercedes, BMW work out different strategies to drive growth

India’s luxury car market remains around 1% of passenger vehicle sales, but competition is widening as brands such as Toyota, Kia, MG and BYD enter the premium segment with high-priced models.

from Auto-Industry-Economic Times https://ift.tt/RFPiG6t

India's car sales crank up as GST gains & income twist top price hikes

Car prices have risen about 3% in the past year, but faster growth in household disposable incomes has kept cars affordable after GST 2.0 cuts, Tata Motors Passenger Vehicles MD Shailesh Chandra said. Passenger vehicle demand has surged, particularly in the 18% GST category, while Tata Motors expects strong festive-season growth, backed by new products and SUVs.

from Auto-Industry-Economic Times https://ift.tt/GUtgYhQ

Tata Motors weighs further car price hikes as commodity costs bite; increases to be gradual

Tata Motors Passenger Vehicles is evaluating further price increases as commodity costs continue to affect profitability. The company is currently absorbing part of these cost hikes while working on cost reduction measures. Incremental price increases will be implemented over time to minimize demand impact. Tata Motors recently introduced the new Tata Aeris compact sedan targeting personal buyers with competitive pricing.

from Auto-Industry-Economic Times https://ift.tt/uhi9QoA

Suzuki targets 4 million units annual India production by FY30, unveils 10-year technology strategy

Suzuki Motor Corporation will enhance its production capacity in India to 4 million units annually by FY30. The company aims to improve development and manufacturing efficiency significantly by 2030. Suzuki is expanding its manufacturing footprint with new plants and advancing its technology strategy. Additionally, a biogas initiative will promote sustainable resource circulation in local communities. The company is committed to addressing energy and environmental challenges with innovative technology.

from Auto-Industry-Economic Times https://ift.tt/1dAYrhq

The road ahead for Volkswagen's restructuring: Explained

Volkswagen is set to meet regarding restructuring plans and job cuts to address financial losses. The company aims to strengthen its position in the US market, focusing on profitable vehicle segments. Additionally, unions in Germany are negotiating to protect jobs amid planned layoffs and plant closures. By 2027, Volkswagen anticipates significant capacity reductions due to low demand for certain models.

from Auto-Industry-Economic Times https://ift.tt/VOgGS2t

JSW wants Volkswagen to bear $1.4 billion India tax bill in JV deal

In a push for collaboration, JSW Group is insisting that Volkswagen AG take on a significant tax liability that is still unresolved in India. While an initial agreement has been made, fundamental issues remain to be addressed prior to finalizing their partnership. Volkswagen is keen on tapping into India’s growing automotive market following unsuccessful earlier discussions.

from Auto-Industry-Economic Times https://ift.tt/0HQSBy7

Maruti Suzuki India commissions 300 kW Green Hydrogen (GH2) electrolyzer plant

Maruti Suzuki India commissioned a 300 kW Green Hydrogen (GH2) electrolyzer plant, a pilot initiative, at its Manesar Facility. The project would help the firm maximise the use of its solar energy generated on-site. The Green Hydrogen produced would be blended with Natural gas to be used as process fuels in manufacturing operations. The auto-maker is in an advanced stage of setting up a 10 Tonnes Per Day (TPD) biogas plant at its Kharkhoda facility as well as recently approving 4 CBG projects, costing Rs 5,610 million. Parent company Suzuki Motor Corporation (SMC) has partnered with the National Dairy Development Board (NDDB) and dairy industry unions to set up 10 biogas plants across India

from Auto-Industry-Economic Times https://ift.tt/H5v1PcM

Entry-level hatchbacks regain ground after GST cuts, but SUVs continue to dominate

Tax cuts on small cars have increased their market share, rising from 2.3% to 3.3% recently. Sport utility vehicles have continued to gain popularity, increasing their share to 58%. Maruti Suzuki reported a significant rise in sales for their small cars after the tax reduction. Although affordability has improved, customer aspirations are shifting towards SUVs as first cars.

from Auto-Industry-Economic Times https://ift.tt/dKjrRvD

ET Graphics: Entry-level hatchbacks regain ground after GST cuts, but SUVs continue to dominate

Entry-level hatchbacks saw an increase in market share, rising to 3.3% during the first five months of FY27. This increase occurred after the GST cuts implemented last year. Meanwhile, SUVs maintained their popularity, holding a 58% share in the same period. The growing preference for SUVs is mirrored in the used-car market as well. Overall, the automotive landscape in India continues to evolve with these trends.

from Auto-Industry-Economic Times https://ift.tt/iUkcwsF

AutoMovers Group outlines Rs 500 crore expansion plan amid rising demand

AutoMovers Group intends to invest Rs 500 crore to expand and streamline its network across key markets. The investment aims to enhance sales and service capabilities while increasing manufacturing capacity. Rs 150 crore will be allocated to capital expenditures and inventory increases. The company expects to boost its insurance business significantly by 2030 and expand its trailer manufacturing facility.

from Auto-Industry-Economic Times https://ift.tt/ihk0yar

Hyundai Motor India opens booking for Bayon at Rs 11,000; check how to book, specifications & more

Hyundai Motor India Limited has announced the opening of bookings for the Hyundai Bayon, which features advanced technology. The Bayon includes an in-built generative AI voice assistant and is based on the Global K Enhanced Platform. It is specifically designed for Indian customers seeking intelligence, comfort, and style in their vehicles. Interested customers can book the SUV online or at any authorized dealership with an initial payment.

from Auto-Industry-Economic Times https://ift.tt/K4kspRN

Govt set to consider auto PLI applications with Chinese investment after FDI nod

The Indian government is likely to consider production-linked incentive applications from auto companies with Chinese investments. This decision comes after President Xi Jinping's recent visit to India and improving relations. Existing applications with foreign direct investment (FDI) approvals will be reviewed for potential benefits. The auto production-linked incentive scheme aims to boost domestic manufacturing and investments significantly. Disbursements under this scheme are expected to increase in the upcoming financial years.

from Auto-Industry-Economic Times https://ift.tt/Ww7f3m6

From Maruti to Mahindra, top industry execs say GST 2.0 changed the demand equation

Passenger vehicle demand surged after GST rationalisation, boosting Maruti Suzuki's sales significantly. Mahindra & Mahindra also reported strong growth across its vehicle segments. Improved affordability brought many new buyers into the automotive market. This tax adjustment has driven overall auto retail growth and market expansion. Manufacturers are now accelerating capital expenditure plans due to this positive trend.

from Auto-Industry-Economic Times https://ift.tt/PnR5j4W

Explore the small details that can make a used car easier to sell

Selling a used car is not just about its age, mileage, or mechanical condition. Small details such as complete paperwork, service records, a second key, clean tyres, working lights, a fresh interior, and properly addressed warning lights can significantly influence buyer confidence and the final selling price. This article highlights practical, low-cost fixes and presentation tips that can help sellers avoid unnecessary negotiations, attract serious buyers, and complete the sale faster.

from Auto-Industry-Economic Times https://ift.tt/75FrPlQ

First-time car buyers make a comeback as lower GST boosts small-vehicle demand

First-time car buyers are returning to India's market, increasing their sales share significantly. Lower taxes have revived demand for entry-level passenger vehicles, boosting overall industry growth. Maruti Suzuki and Tata Motors report higher first-time buyer contributions to their sales figures. Entry-level SUV sales also saw substantial year-on-year growth following tax adjustments. This trend indicates a broadening market base and renewed momentum towards mass motorisation.

from Auto-Industry-Economic Times https://ift.tt/gc0YfMS

Tata Aeris launch on September 25: Tata's new sedan expected with CNG option rivaling Maruti Suzuki Dzire, Hyundai Aura; may replace Tigor

Tata Motors may introduce the updated Tigor compact sedan under the new Tata Aeris name on September 25. The sedan is expected to get a refreshed exterior, upgraded cabin features, petrol and CNG powertrains and an electric version, while the company may also position it as a stronger rival to the Maruti Suzuki Dzire, Hyundai Aura and Honda Amaze.

from Auto-Industry-Economic Times https://ift.tt/GnmUA4N

Auto sales: Strong festive demand may hit by low dealer stocks, supply constraints

As the festive season approaches, car manufacturers are grappling with low inventory levels despite a surge in customer bookings. Supply constraints present a formidable hurdle, particularly for Maruti Suzuki, which currently has a backlog of over 200,000 orders with dwindling stock. Anticipating a slowdown in growth, Hyundai Motor India is ramping up production to accommodate the expected rise in demand.

from Auto-Industry-Economic Times https://ift.tt/r4we1Rs

JLR begins talks with global banks for $1.3 billion five-year loan; some lenders flag Tata Sons leadership uncertainty

Jaguar Land Rover is in talks with global banks for a £1 billion loan. Lenders are seeking clarity on N Chandrasekaran's leadership at Tata Sons. This uncertainty could influence their decision-making process. The automaker remains confident in securing the necessary funds. Developments at the parent group do not directly impact JLR's operations.

from Auto-Industry-Economic Times https://ift.tt/e7xRIuw

Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ₹9.99 lakh. The XUV 3XO has achieved over 2.5 lakh sales in under 2.5 years. The REVX EDGE offers features like a 26.03 cm infotainment system and leatherette seats. The REVX EDGE (O) variant adds a panoramic sunroof and other convenience features.

from Auto-Industry-Economic Times https://ift.tt/HQKhFEl

Renault India resumes Sri Lanka exports with 100-vehicle shipment

Renault India has resumed exports to Sri Lanka, shipping 100 Triber, Kwid and Kiger vehicles from its Chennai plant. The return expands Renault’s export footprint to 16 countries, with the automaker also planning to introduce the New Duster as it rebuilds its presence in the Sri Lankan market.

from Auto-Industry-Economic Times https://ift.tt/IUulRHt

Maruti Suzuki records 1 million vehicle dispatches through in-plant railway sidings in Gujarat, Haryana

Maruti Suzuki achieved one million vehicle dispatches via its railway sidings. The Gujarat siding contributed 7.9 lakh vehicles, while Manesar added 2.1 lakh. These sidings accounted for seventy percent of rail dispatches in FY 2026-27. The company aims to increase rail dispatches to thirty-five percent by FY 2030-31. This expansion supports efficient and sustainable logistics operations across India.

from Auto-Industry-Economic Times https://ift.tt/Wxrd1X7

Tariffs, supply risks push Indian auto parts makers to build beyond China

Indian auto parts makers are expanding global manufacturing and engineering capabilities. This shift addresses automakers' needs for diversified sourcing strategies and supply chain flexibility. Companies are developing products in one location and manufacturing them across multiple sites. This strategy hedges against trade uncertainties and supply chain disruptions effectively. Indian suppliers are becoming strategic partners in the restructured global automotive supply chain.

from Auto-Industry-Economic Times https://ift.tt/UFAbSxm

Tata Motors to hike commercial vehicle prices by up to 1% from Oct 1

Tata Motors will increase commercial vehicle prices by up to one percent. This price revision aims to offset rising commodity and input costs. The company announced this change will take effect from October first.

from Auto-Industry-Economic Times https://ift.tt/Dm2dwYT

India clears 642 UK car imports under FTA in two months of implementation

India has approved import quotas for 642 passenger vehicles from Britain. These imports will benefit from concessional tariffs under a new trade pact. Seven companies secured allocations for the remainder of this year's quota. The Directorate General of Foreign Trade had invited applications for vehicle imports. This move facilitates trade under the India-UK Comprehensive Economic and Trade Agreement.

from Auto-Industry-Economic Times https://ift.tt/dY2RuBC

India clears 642-car import quota from UK under India-UK trade agreement

India's Directorate General of Foreign Trade approved seven companies to import 642 cars. These imports will occur under the India-UK free trade agreement's tariff rate quota provisions. The government had sought applications for a quota of approximately 5,000 vehicles for the year 2026. This approval marks the first allocation under the 2026 quota following recent applications. The agreement allows concessional customs duty on vehicle imports from Britain.

from Auto-Industry-Economic Times https://ift.tt/g7bpluh

Car sales jump over 30% in August as festive demand builds

Passenger car sales increased by over a third in August, reaching 439,309 units. This growth followed a decline in the previous year due to GST rate changes. Three-wheeler and two-wheeler sales also saw significant rises during the month. Industry experts anticipate continued strong demand through the festive season. Manufacturers are preparing for further sales increases with new model launches.

from Auto-Industry-Economic Times https://ift.tt/tOqzRE3

Uno Minda plans Rs 1,415 crore investment to expand auto component manufacturing

Uno Minda will invest Rs 1,415 crore for strategic expansion and capacity boosting. New aluminium casting and alloy wheel plants are planned in Tamil Nadu and Haryana. A moulding facility expansion in Bangalore will also occur to meet increased demand. A joint venture will establish a new plant for automotive parts in Maharashtra. These projects aim to capture growth opportunities and diversify product verticals.

from Auto-Industry-Economic Times https://ift.tt/Yz3bfOM

PVs drive auto sales to record August high as India gears up for festive season

India's automobile sector achieved its highest-ever August sales across multiple vehicle categories, SIAM said. Robust consumer demand and resilient rural markets fueled this significant industry growth. Passenger vehicle domestic sales saw a sharp increase, reaching record levels for the month. Three-wheelers and two-wheelers also posted strong year-on-year growth figures. Automakers anticipate continued firm consumer demand ahead of the festive season.

from Auto-Industry-Economic Times https://ift.tt/I7e1rpN

FADA in initial pact with Rosmerta Digital to simplify vehicle compliance services

FADA and Rosmerta Digital Services have partnered to simplify vehicle compliance procedures. Their new platform, Rosmart, offers citizens a digital access point for traffic violation details. Dealers can now upload cases in bulk or assist customers directly through this service. This initiative aims to combat fraud and cybercrime associated with unauthorized websites. The collaboration brings credible and convenient compliance solutions closer to vehicle owners.

from Auto-Industry-Economic Times https://ift.tt/LEz4H20

How Mahindra built India's most recognisable off-road vehicle portfolio

Mahindra has carved its niche in off-road vehicles by prioritizing rugged terrain capability over traditional market segments. Their journey started post-independence with the assembly of Willys Jeeps. By sticking to sturdy ladder frames and reliable mechanical systems, Mahindra’s off-roaders embody durability. While many modern SUVs have transitioned to monocoque structures, Mahindra's vehicles remain true to their engineering roots, fostering increasing demand for second-hand models in rural communities.

from Auto-Industry-Economic Times https://ift.tt/8xQkHgv

Maruti Suzuki's Jimny, FRONX, e-VITARA exports to Japan cross 1 lakh milestone

Maruti Suzuki’s exports of Made-in-India Jimny 5-door, FRONX and e VITARA to Japan have crossed 1 lakh units, highlighting growing demand for Indian-made cars in the competitive Japanese auto market. Japan was Maruti Suzuki’s second-largest export market in FY2026 and retained the position in April-August 2026. India’s automobile exports to Japan have also risen sharply.

from Auto-Industry-Economic Times https://ift.tt/H8IMT1d

BMW 7 Series gets a tech and luxury upgrade, prices start at ₹1.95 crore

from Auto-Industry-Economic Times https://ift.tt/bTWCu04

Ultraviolette sees Indian motorcycle market going 20% electric in 2-3 years

Ultraviolette Automotive anticipates electric motorcycles will capture twenty percent of India's market soon. The company is investing heavily in a new manufacturing facility in Tamil Nadu. This expansion will significantly increase production capacity for their electric vehicles. Ultraviolette plans to launch several new models, including more affordable options. The firm also aims to expand its presence into North and Latin American markets.

from Auto-Industry-Economic Times https://ift.tt/u05V6mi

Cars24 annualised transaction GMV crosses ₹11,000 crore as profitable growth and AI-led operating leverage strengthen across markets

Cars24 experienced a robust growth trajectory in August, showcasing a striking 37 percent year-on-year rise in GMV. Notably, the adjusted net revenue surpassed GMV growth, showcasing operational enhancements and profitability gains. Furthermore, the financing division excelled, disbursing ₹415 crore in loans. The utilization of AI has proven pivotal, elevating revenue per FTE by more than 52 percent.

from Auto-Industry-Economic Times https://ift.tt/g1pV3Q7

New BMW 7 Series launched in India by Dhurandhar Ranveer Singh: Check price, features, specifications, range, charging time and other details

BMW India has unveiled its latest 7 Series sedan, available with both petrol and electric powertrains. With bookings now open and deliveries set to commence in October 2026, the i7 will be manufactured locally at the BMW Group Plant in Chennai, signaling a major step in expanding their electric vehicle portfolio in India.

from Auto-Industry-Economic Times https://ift.tt/daZwLXp

Hyundai Venue gets smarter against car theft with a remote immobiliser controlled by your phone

In an exciting development, Hyundai Motor India has unveiled a remote immobiliser feature tailored for select Venue models, significantly boosting vehicle protection. Users can easily activate this new security measure through the Bluelink mobile app. Vehicles eligible for this enhancement will receive the upgrade wirelessly, and the company is set to introduce this smart feature to other connected car models shortly, elevating driver security and reassurance.

from Auto-Industry-Economic Times https://ift.tt/2bJwvuI

India's commercial vehicle sales surge, manufacturers double growth projections to 10-15% this fiscal

Commercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstripped early estimates, surprising industry executives. Several executives now expect sales to grow ten to fifteen percent this fiscal year. This upgrade follows strong sales growth, with August seeing a forty percent increase.

from Auto-Industry-Economic Times https://ift.tt/VTmt19S

India's commercial vehicle sales surge, manufacturers double growth projections to 10-15% this fiscal

Commercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstripped early estimates, surprising industry executives. Several executives now expect sales to grow ten to fifteen percent this fiscal year. This upgrade follows strong sales growth, with August seeing a forty percent increase.

from Auto-Industry-Economic Times https://ift.tt/IOZc15B

Kia opens bookings for 3 new cars: Carens CNG, Carens Clavis CNG and Carnival Hybrid

Kia India has opened pre-bookings for three new powertrain options, further expanding its line-up. The Carens and Carens Clavis are now available with factory-fitted CNG technology, while the Carnival Limousine gets a hybrid powertrain. The move underlines Kia’s focus on offering a wider range of mobility options to Indian customers. Prices for all three models will be announced soon.

from Auto-Industry-Economic Times https://ift.tt/m4lLQNA

Govt backing flex-fuel vehicles to boost ethanol blending, says advisor to PM Tarun Kapoor

The government is supporting flexi-fuel vehicles to boost ethanol blending in petrol. This initiative aims to reduce crude oil imports and enhance energy security. New dispensing stations will be established across India over the next two years. Automobile companies are preparing to introduce flexi-fuel vehicles to the market. This move is critical amid global energy supply disruptions and rising oil prices.

from Auto-Industry-Economic Times https://ift.tt/smQwvTc

Petronas Lubricants, Tata Motors collaborate for pilot used lubricant recycling model

Petronas Lubricants India and Tata Motors have signed an initial pact for a pilot project. This collaboration aims to establish a structured and scalable used automotive lubricant recycling model. The initiative will support India's evolving Extended Producer Responsibility framework and circular economy ambitions. It will create an organized and traceable system for managing hazardous waste lubricants effectively. This pilot seeks to strengthen benchmarks for responsible waste management across the nation.

from Auto-Industry-Economic Times https://ift.tt/etljUxm

JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talks

JSW Group and Volkswagen Group have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expanded product offerings and deeper localisation. The agreement initiates exclusive negotiations with a target final deal by end of 2026. The proposed alliance will operate through a new entity separate from existing JSW ventures. This move marks a significant step in VW's quest for a local partner in India.

from Auto-Industry-Economic Times https://ift.tt/Owd7D0H

CNG, hybrids, electrics rule motown: Alternative powertrains beat petrol vehicles for the first time in India as August auto sales jump 18%

Retail vehicle sales surged by eighteen percent year-on-year, reaching 2.42 million units last month. For the first time, alternative energy vehicles, including electric and CNG options, outsold petrol vehicles. This increase in sales was primarily driven by strong rural demand, even with varied monsoon conditions. Electric vehicle category sales soared by nearly fifty-three percent, showcasing their growing appeal. Dealerships remain cautiously optimistic as the festive season approaches, anticipating higher bookings.

from Auto-Industry-Economic Times https://ift.tt/O1ywaLu

Maruti Suzuki to hike car prices by up to Rs 20,000 this month due to rising input costs

Maruti Suzuki will increase prices on some vehicles by up to Rs 20,000. This price adjustment will take effect starting this month, September 2026. The company cited sustained increases in input costs as the primary reason. Efforts to mitigate these rising costs have been ongoing for months. However, inflationary pressures necessitate passing on some of these increased costs.

from Auto-Industry-Economic Times https://ift.tt/B24wqkF

Maruti Suzuki to hike car prices by Rs 20,000 on selected models again; stock turns green

Maruti Suzuki will increase car prices by up to twenty thousand rupees this September. This follows a previous price adjustment of around thirty thousand rupees last month. The automaker cited sustained increases in input costs as the primary reason. Maruti Suzuki has made efforts to mitigate these rising costs through various measures. However, the company is now passing on a portion of these increased costs to customers.

from Auto-Industry-Economic Times https://ift.tt/yTUNP3i

UK rules out JLR bailout as Tata-owned carmaker plans 4,000 job cuts amid rising costs

Jaguar Land Rover plans significant job cuts over two years due to rising costs and competition. The UK government will not provide financial support for the carmaker's restructuring efforts. JLR aims to achieve substantial savings and lower its break-even vehicle point. European automakers face increasing pressure from lower-priced Chinese electric vehicle manufacturers. The company is also strengthening its US operations and expanding into premium electric vehicles.

from Auto-Industry-Economic Times https://ift.tt/l4RqJKi

Petrol loses its crown as alternative fuels overtake it in India’s record August auto sales

August 2026 marked a historic milestone in India's auto retail market, exceeding all previous records. In a significant shift, alternative fuel vehicles eclipsed petrol sales in the passenger vehicle category. Rural markets had a remarkable performance, outshining urban areas across vehicle segments, while tractor sales held steady amid monsoon effects. Auto dealers anticipate a more intensive demand evaluation in the coming months, from September through November.

from Auto-Industry-Economic Times https://ift.tt/xg0WqNX

Hyundai Motor India expects 30 pc sales to come from rural markets in 3-4 years: MD & CEO

Hyundai expects rural India to contribute around 30% of its sales within four years, up from 25.9% in Q1FY27. Rural sales grew 23% during the quarter, while six in every 10 new Hyundai outlets are being opened in rural markets.

from Auto-Industry-Economic Times https://ift.tt/eS8vzrq

There’s a lot riding on cos getting rural 2-wheeler mix right

Two-wheeler companies face complex rural stocking challenges for the upcoming festive season. Rural markets account for over half of industry sales, with varied product preferences across regions. Electric vehicle demand is concentrated in select states, adding another stocking layer. Manufacturers must ensure the right product mix is available in the right locations. This strategic stocking is critical for meeting diverse rural demand during peak sales.

from Auto-Industry-Economic Times https://ift.tt/CPbpm30

Electronics to make up 50-55% of car cost by 2030, signalling major localisation opportunity: BCG-ACMA

Electronics will form over half of a car's cost by 2030. This presents a significant opportunity for Indian auto component makers. Vehicles are increasingly electronic, requiring new component capabilities. Indian suppliers can build expertise in sensors and control units. This shift offers substantial localization and growth potential for the industry.

from Auto-Industry-Economic Times https://ift.tt/cRdnXZO

India's passenger vehicle market tilts towards cleaner fuels; alternatives cross petrol: Report

Cleaner-fuel vehicles now account for 42 percent of passenger car sales in India. This marks the first time these alternatives have outsold petrol-powered vehicles. Petrol's market share dropped to a record low of 41 percent in August. Compressed natural gas vehicles saw their share rise to 25 percent. Electric car sales increased significantly, reaching 7.7 percent penetration.

from Auto-Industry-Economic Times https://ift.tt/xgw6b1X

Stellantis in talks with Huawei and JAC Group for Maserati's future, sources say

Automaker Stellantis is discussing long-term industrial cooperation for its Maserati brand. Chinese firms Huawei and JAC Group are reportedly involved in these ongoing talks. This potential partnership aims to boost production rates at Italian manufacturing plants. Maserati, which faced losses last year, will present its own strategy soon. Stellantis stated discussions occur to offer customers better mobility choices.

from Auto-Industry-Economic Times https://ift.tt/FiJS5oH

Kia looks to roll out multiple powertrains to meet India demand

Kia India is preparing electric, hybrid, and CNG models for the Indian market. The company acknowledges a huge burden in predicting customer powertrain preferences. Its new Sorento SUV launches with hybrid and diesel options. Kia plans further hybrid and electric vehicle introductions by 2030. Affordability will significantly influence electrified powertrain market penetration.

from Auto-Industry-Economic Times https://ift.tt/HpRoQnU

Kia enters India’s hybrid passenger vehicle market with 3-row SUV Sorento

Kia India has launched its new Sorento SUV, marking its entry into the hybrid vehicle market. The premium three-row sport-utility vehicle is priced at Rs 28 lakh and offers hybrid and diesel options. Production of the Sorento has commenced in India, with pre-bookings now open for Rs 25,000. This new model will compete with established players like the Toyota Fortuner and Skoda Kodiaq.

from Auto-Industry-Economic Times https://ift.tt/HAcEs6y

Tata Motors' Iveco takeover offer gets Consob nod; acceptance period opens Sep 7

Italian market regulator Consob approved Tata Motors' offer document for Iveco Group shares. Shareholders can accept the offer from September 7 until October 26. Tata Motors will pay Euro 14.10 per common share, including dividends. Payments to tendering shareholders are scheduled for October 30, 2026. The offer will be extended to shareholders in the United States.

from Auto-Industry-Economic Times https://ift.tt/heJR2Os

PM Modi urges auto industry innovation for Viksit Bharat; pushes for EV acceleration

Prime Minister Modi urged the Indian auto industry to innovate for Viksit Bharat by 2047. Adviser Tarun Kapoor stressed accelerating the electric mobility transition for energy security. He warned of increasing restrictions on four-wheelers, especially in urban areas. Government reforms and incentives are boosting domestic manufacturing capabilities and EV adoption. Industry must prepare for eventual tapering of subsidies and policy changes.

from Auto-Industry-Economic Times https://ift.tt/6LEDrPk

Bharat NCAP 2 to roll out from October 2027, entire vehicle safety chain to be assessed: Nitin Gadkari

India will enhance vehicle safety assessments with Bharat NCAP 2 starting October 2027. This program will evaluate the entire vehicle safety chain to address accident rates. Driving behavior will also become a key part of road safety regulations. Repeated safety rule violations could lead to driving license cancellation. Responsible drivers will receive incentives and other benefits for their adherence.

from Auto-Industry-Economic Times https://ift.tt/BChFPEV

Auto exports remain mixed in August as West Asia crisis disrupts shipments: Report

India's auto exports showed mixed trends in August 2026, impacted by regional logistical disruptions. Domestic demand remained robust across most vehicle segments, driving overall retail volumes higher. Passenger vehicle wholesale volumes saw significant year-on-year growth, supported by strong retail demand. Two-wheeler sales also recorded substantial growth, with electric variants surging significantly. Commercial vehicle dispatches and farm equipment sales experienced double-digit and single-digit growth respectively.

from Auto-Industry-Economic Times https://ift.tt/2yPcoKQ

PM Narendra Modi urges auto industry to innovate, pursue excellence and expand global footprint

Prime Minister Narendra Modi encouraged the Indian automobile industry to innovate and excel. He emphasized charting a bold path towards Viksit Bharat by 2047. Recent trade agreements offer greater international market access for Indian vehicles. Government reforms and incentives are strengthening manufacturing capabilities and competitiveness. The sector is positioned for significant growth and expansion of its global footprint.

from Auto-Industry-Economic Times https://ift.tt/yJ5kpLS

Hyundai plans two new SUVs to reclaim no 2 spot

Hyundai plans to launch two new SUVs in the expanding mainstream segment. These new vehicles will help the company grow ahead of the industry. Hyundai expects its electric vehicle penetration to reach industry levels by next year. The company is also scaling up production capacity at its plants. This strategic move aims to reclaim the second spot in the Indian car market.

from Auto-Industry-Economic Times https://ift.tt/U4R7mgZ

Two-wheelers, passenger vehicles to drive 8-10% auto volume growth in FY27: Report

India's automotive sector anticipates robust growth in FY27, driven by two-wheelers and passenger vehicles. August 2026 saw double-digit volume increases across most vehicle categories and manufacturers. Bajaj Auto and TVS Motor reported significant year-on-year volume gains in the two-wheeler segment. Tata Motors and Maruti Suzuki posted strong sales figures for passenger vehicles during the period. Commercial vehicle dispatches also showed a notable increase, indicating a revival in the sector.

from Auto-Industry-Economic Times https://ift.tt/n8qFmOZ

Race is On! India set to put 5 million cars on the road soon

Indian car sales are expected to exceed five million units this fiscal year. This milestone positions India as the third nation globally to achieve such sales. Sustained demand in urban and rural markets fuels this optimistic sales forecast. Lower vehicle prices and economic expansion also contribute to the positive outlook. Industry leaders anticipate continued growth and potential for further market expansion.

from Auto-Industry-Economic Times https://ift.tt/u85twgL

Car sales jump 36% in August, companies gear up for festive boom

In India, passenger vehicle sales achieved impressive double-digit growth last month, spurred by automakers ramping up factory dispatches to prepare for rising market demand. Maruti Suzuki celebrated its best sales performance in August, attributing the surge to tax reductions and declining interest rates. Similarly, Tata Motors and Mahindra & Mahindra also enjoyed notable increases in sales volumes, alongside a strong performance in the two-wheeler and commercial vehicle markets.

from Auto-Industry-Economic Times https://ift.tt/ZhqRove

Renault moving at 'speed of high-speed train' for Indian market, says CEO Stephane Deblaise

Renault is rapidly expanding its Indian market presence with new vehicle models. The company plans to introduce factory-fitted CNG and updated powertrains soon. Next-generation electronic architecture will feature in value segment vehicles. Renault aims to become a top three global market by 2030.

from Auto-Industry-Economic Times https://ift.tt/QroCJyU