Automotive News - Latest Updates & Headlines
Indian automotive industry clocks deals worth $1.3 billion in April-June: Report
New Delhi, July 14: The automotive industry in India maintained its strategic momentum in Q2 2025, recording a total of 29 transactions valued at $1.3 billion, including public market activity, a report said on Monday.
Used-car volume to grow 8–10 pc, over twice as fast as new ones: Report
Mumbai, July 11: India's used-car market is growing rapidly and is expected to cross 6 million units this fiscal, driven by rising demand among value-conscious buyers, increasing digital adoption and easier access to financing, a new report said on Friday.
BMW Group India appoints Hardeep Singh Brar as President, CEO
Gurugram, July 8: BMW Group India on Tuesday announced to appoint Hardeep Singh Brar as the President and Chief Executive Officer (CEO), effective from September 1.
India's auto industry likely to see continued export growth in 2-wheelers, commercial passenger vehicles: Report
New Delhi, July 4: The domestic automobile industry is expected to continue witnessing strong export growth across two-wheelers (2W), commercial vehicles (CV), and passenger vehicles (PV), while domestic sales are likely to remain show a mixed bag, according to a report by Axis Securities.
Hyundai Motor, Kia open participatory research hub
Seoul, July 2: Hyundai Motor and Kia said on Wednesday that they have launched an open research hub in southern Seoul to allow the participation by the public in designing user experience (UX) for future mobility.
Tata Motors' sales decline 8.5 pc in Q1 FY26, Mahindra reports 18 pc SUV growth
Mumbai, July 1: Tata Motors on Tuesday reported an 8.47 per cent decline in total sales as the carmaker sold 2,10,415 units in the April-June quarter of FY26, compared to 2,29,891 units sold during the same period previous year (Q1 FY25).
Hyundai Motor's June sales up 1.5 pc on increased demand
Seoul, July 1: Hyundai Motor, South Korea's biggest carmaker, said on Tuesday its sales gained 1.5 per cent in June from a year earlier, thanks to increased demand both at home and abroad.
Auto exports down in South Korea on US import tariffs
Seoul, June 17: South Korea's car exports shrank more than 4 per cent from a year earlier in May as outbound shipments to the United States sharply dropped on Washington's hefty tariffs on imported vehicles, data showed on Tuesday.
Shortage of rare earth magnets can decelerate India's automotive ride, Crisil says
New Delhi, June 15: Rare earth magnets, low in cost but critical in function, could emerge as a key supply-side risk for India's automotive sector if China's export restrictions and delays in shipment clearances persist, according to a report by Crisil Ratings.
Volvo Cars partners with HCLTech to drive engineering transformation
New Delhi, June 12: HCLTech on Thursday announced that Volvo Cars has chosen the technology company as one of its strategic suppliers for engineering services.
Electric vehicle production may be hit as China chokes supply of rare earth magnets
New Delhi, June 12: The inventories of rare earth magnets may taper off by mid-July 2025 for certain automotive applications, following China imposing export restrictions and delaying clearance of shipments, according to an ICRA report released on Thursday.
India's phenol market to clock healthy 8-9 pc growth through FY2030: Crisil
New Delhi, June 11: India’s phenol market is expected to clock a healthy 8-9 per cent compound annual growth rate from this fiscal through 2030, outpacing the global market, according to a report on Wednesday.
Plan panel's 6-point policy roadmap to drive TN's global mobility leadership
Chennai, June 10: The State Planning Commission (SPC) has unveiled a comprehensive six-point policy roadmap aimed at transforming Tamil Nadu into a global leader in sustainable mobility and electric vehicle (EV) innovation.
Electric passenger vehicle sales cross 4% first time in May 2025: FADA
New Delhi, June 7: The contribution of electric passenger vehicle (EV) sales crossed 4 per cent in May, compared to 2.6 per cent of the same period of 2024, the data by the Federation of Automobile Dealers Associations (FADA) revealed.
Maruti Suzuki Grand Vitara achieves 3 lakh sales in 32 months
New Delhi, June 6: Maruti Suzuki India Limited (MSIL) announced on Friday that its mid-size SUV, Grand Vitara, has surpassed a milestone of 3 lakh cumulative sales within 32 months of launch.
India and Italy to strengthen cooperation in agriculture, food processing: Commerce Ministry
New Delhi, June 6: India and Italy will strengthen cooperation in agriculture and food processing, and set up Joint Working Groups in the automobile and space sectors, the Minister of Commerce & Industry said in a release.
Auto industry welcomes RBI's rate cut decision, believes it will add to consumer affordability
New Delhi, June 6: The Automobile industry has supported the Reserve Bank of India's rate-cut decision, and they believe that this decision will add positive sentiment among consumers in the market.
Industry data speaks the truth on Rahul Gandhi's bogus claim about falling vehicle sales
New Delhi, June 5: Leader of Opposition Rahul Gandhi on Thursday claimed in a social media post that two-wheeler sales in the country have fallen by 17 per cent and car sales by 8.6 per cent in the past one year – a claim which does not hold any merit if we look at reliable industry data.
Maruti Suzuki dispatches record 5.2 lakh vehicles through Railways in FY25 as part of green drive
New Delhi, June 5: Maruti Suzuki India Limited dispatched a record number of 5.18 lakh vehicles through Indian Railways in the financial year 2024-25, as part of its commitment to strengthen green logistics, according to a company statement issued on Thursday.
Upper variants of Harrier EV will be priced aggressively and exciting says Tata Passenger Electric Mobility
Mumbai, June 4: The Tata Harrier EV has been launched at Rs 21.49 lakh (introductory ex-showroom). The flagship EV SUV of Tata Motors comes with many additional features as compared with the combustion-powered Harrier, with a range of up to 627 km.
Carraro Group plans to increase investment in India to Euro 350 million over next 5-7 years
Milan, June 4: Italian automotive components manufacturer Carraro Group announced ambitious expansion plans for India. It will commit to investing Euro 350 million over the next five to seven years, nearly doubling its current investment base.
Maruti Suzuki expands solar capacity in India, earmarks over Rs 925 crore
New Delhi, June 4: Reinforcing its commitment to enhance usage of renewable energy in its operations, Maruti Suzuki India Limited on Wednesday announced the expansion of its solar capacity by 30MWp (megawatt-peak) with two new projects.
Tata Motors Share Price Trends: Is It the Right Time to Invest?
Mumbai, May 28: For quite some time, Tata Motors has been a kind of backbone for the Indian auto sector. After all, it manufactures everything from passenger cars to commercial ones to electric-powered mobility solutions, and it is one of the favorite stocks for both institutional and retail investors.
Importance of cybersecurity grows in software-defined vehicles era
Seoul, May 23: Cybersecurity is becoming an increasingly important factor car manufacturers have to consider with the global automotive industry's move toward more "connected" and "software-defined" vehicles, an executive at a South Korean automotive cybersecurity solutions provider said.
New EV models, govt incentives to drive hybrid penetration growth in India: HSBC
New Delhi, May 21: EV penetration in India has improved with new model launches over the last six months, and new model launches and government incentives will drive hybrid penetration growth in the near term, an HSBC report said on Wednesday.
India's auto parts sector to clock 9 pc growth in 2025-26: Report
New Delhi, May 21: India's automotive component sector is expected to clock 7-9 per cent revenue growth during the financial year 2025-26, driven by sustained demand momentum from the two-wheeler (2W) and passenger vehicle (PV) segments, which account for nearly half of the overall revenue, according to a Crisil report released on Wednesday.
Kia, BMW, Hyundai to recall over 16,000 vehicles for defective components
Seoul, May 21: Kia, BMW Korea and Hyundai Motor will voluntarily recall over 16,000 vehicles due to manufacturing defects, the transport ministry here said on Wednesday.
Suzuki Motorcycle India to manufacture 7.5 lakh vehicles at new Rs 1,200 crore plant
New Delhi, May 20: Suzuki Motorcycle India Pvt Ltd (SMIPL) on Tuesday laid the foundation stone for its new manufacturing plant in Haryana, with an initial investment of nearly Rs 1,200 crore and an annual production capacity of 7.5 lakh units in the first phase.
Al Pacino to star in biopic 'Maserati: The Brothers' directed by Bobby Moresco
Los Angeles, May 15: Legendary Hollywood star Al Pacino has joined the cast of Bobby Moresco's directorial “Maserati: The Brothers,” a biopic about the family behind the high-performance automobiles that, along with Ferrari and Lamborghini, Italy is popularly known for.
Car dealers to register rise in revenue on higher sales in 2025-26: Report
New Delhi, May 15: The domestic Passenger Vehicle (PV) dealership industry will see a revenue growth of around 100 Basis Points (BPS) in the current financial year, supported by a revival in sales volume even as realisations remain range-bound, according to a Crisil Ratings report released on Thursday.
Tata Motors' net profit tanks 51 pc to Rs 8,470 crore in Q4
Mumbai, May 13: Tata Motors on Tuesday reported a sharp 51 percent drop in its consolidated net profit for the fourth quarter (Q4) of FY25, even as revenue remained steady and its Jaguar Land Rover (JLR) business posted growth.
Kia reports record EV sales in Europe in first quarter
Seoul, May 6: Kia, South Korea's second-biggest carmaker, sold a record number of electric vehicles (EVs) in Europe in the first quarter, data showed on Tuesday.
Audi India to raise prices by up to 2 pc due to hike in exchange rate, input cost
Mumbai, May 2: German luxury car manufacturer Audi India on Friday announced a price increase of up to 2 per cent across its model range, due to hike in the exchange rate and input cost.
Sales of Hyundai, Kia vehicles rise 16 pc in US in April
Seoul, May 2: Hyundai Motor and its affiliate Kia said on Friday their combined vehicle sales in the United States surged 16 per cent in April from a year earlier, driven by strong demand for sport utility vehicles (SUVs).
Mahindra, Toyota Kirloskar, Kia clock robust growth in SUV sales in April
New Delhi, May 1: SUV sales accelerated in the Indian market during April with automakers such as Mahindra & Mahindra, Toyota Kirloskar Motor and Kia Motors recording robust double digit growth during the month.
Tata Motors' total domestic sales drop 7 pc in April
Mumbai, May 1: Tata Motors on Thursday reported a 7 per cent year-on-year decline in its total domestic sales for the month of April, selling 70,963 units compared to 76,399 units in April 2024.
Exide Industries Q4 net profit falls 11 pc to Rs 254.6 crore
New Delhi, April 30: Exide Industries on Wednesday reported an 11 per cent decline in its net profit for the March quarter (Q4 FY25), with the figure standing at Rs 254.60 crore compared to Rs 283.75 crore in the same quarter last fiscal.
Govt incentives, infra investments continue to drive EV adoption in India: Report
New Delhi, April 30: Government incentives and infrastructure investments are boosting local electric vehicle (EV) manufacturing and a range of policy measures and infrastructure developments are underway to help bridge the gap and push the market closer to the 2030 goal, a report showed on Wednesday.
Debt, liquidity of auto parts exporters to stay comfortable despite US tariff hikes: Report
New Delhi, April 28: Debt metrics and liquidity are likely to remain comfortable for most auto component exporters despite potential decline in margins and increase in working capital requirements in the wake of the US tariff hikes that have been announced by President Donald Trump, according to an ICRA report released on Monday.
Kia reports record Q1 sales on hybrids, high-value vehicle demand
Seoul, April 25: Kia, South Korea's second-largest automaker, on Friday reported record sales for the first quarter, backed by robust demand for hybrid and high-margin vehicles, although operating profit dropped due to a base effect.