Auto News
7-seater models riding high on boost from Indian families
Even nuclear families opt for these vehicles for flexibility. Young buyers are also choosing MPVs. The average age of Ertiga buyers has decreased. MPVs are gaining popularity with feature-rich models.
New medium, heavy trucks sold in India must have AC cabins from June 8; cos hike prices to meet mandate
While this may temporarily impact new truck sales and boost used truck demand, experts anticipate long-term benefits in driver productivity and accident reduction.
Bajaj, KTM will pull out all the stops in new revival plan
Once approvals are in place over the next three months, the two companies will go flat out in getting a new turnaround strategy in place.
Repo rate cut: Positive for consumer sentiment, may have limited impact on auto retail growth
The key to accelerating passenger vehicle sales lies in overall growth in private final consumption expenditure, which is dependent on several key factors like income rise, low inflation rate, cheaper loan rate & no supply-chain constraint.
JK Tyre targets 1 mn unit capacity expansion in FY26; bets on digitalisation for efficiency
The Delhi-headquartered company will expand its tyre manufacturing capacity from 29 million units to about 30.5 million units in FY26, aided by the ₹1,400 crore capital expenditure (Capex) earmarked for FY25 and FY26.
Auto retail sales rise by 5.1% in May; PVs lag: FADA
Two-wheelers and tractors lead growth during the month; PV and CV segments see drop, signalling a subdued market sentiment.
Auto ancillary stocks shift into top gear, but caution lights on
The automobiles sector saw earnings downgrades for FY26 as margin may take a hit amid rising input costs and tepid growth visibility.
Hero, Bajaj likely to launch new mass-market electric two-wheelers
The new launches would likely be priced below the ₹1 lakh benchmark, a segment which accounts for nearly six in 10 electric two-wheelers sold in the domestic market currently.
TVS Motor appoints Sudarshan Venu as new Chairman and MD
He will assume the role on August 25 this year; the current Chairman Raif Speth will transition to the role of Chief Mentor for three years.
Suzuki halts Swift production amid China rare earth export curbs
The disruption follows China’s April decision to tighten control over exports of rare earths and related magnet materials.