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Gurugram, Haryana, India (NewsVoir) In Vietnam, EVs have quietly moved from fringe to mainstream. At the center is VinFast, building not just vehicles but the full system that makes electric mobility practical, affordable, and increasingly hard to ignore. There was a point in time when electric vehicles weren't just a relative novelty, but were actually a preferred choice, at least in the U.S., where they first gained traction. Even back in the 1990s, people were already aware of the benefits o ...Read More >
New Delhi, April 8 (SocialNews.XYZ) Leading automobile manufacturer Hyundai Motor India Ltd. (HMIL) on Wednesday announced a price increase of 1 per cent across its portfolio, effective from May. The company cited various cost escalations as the reason behind price hike adding that the quantum of increase will vary based on the variants and models, according to an exchange filing. "The company's endeavour is always to absorb rising costs to safeguard our customer from price fluctuations. Howev ...Read More >
NEW DELHI: India's electric vehicles sales crossed a record 20 lakh-unit mark for the first time, as significant numbers in two- and three-wheelers and growing volumes in cars added strength to the greens.According to retail sales numbers released by Federation of Automobile Dealers' Association (FADA), a total of 24.5 lakh units of EVs were sold in FY26 against 19.6 lakh units in the previous fiscal, registering a growth of around 25%.A large part of the volumes came in from two-wheelers, led b ...Read More >
Gurugram (Haryana) [India], April 7: As electric mobility continues to gain momentum in India, Cars24 today announced a collaboration with Tesla India to introduce an integrated trade-in programme for vehicle owners, making the transition from petrol or diesel cars to electric simpler, faster, and more seamless. Also Read | Personal Law Overrides Bigamy Charges, Says Madhya Pradesh High Court; Quashes Case Against Muslim Husband. For many customers, switching to electric has traditionally mean ...Read More >
NewsVoir Gurugram (Haryana) [India], April 7: As electric mobility continues to gain momentum in India, Cars24 today announced a collaboration with Tesla India to introduce an integrated trade-in programme for vehicle owners, making the transition from petrol or diesel cars to electric simpler, faster, and more seamless. For many customers, switching to electric has traditionally meant managing two separate journeys, selling an existing vehicle and purchasing a new one. This programme brings b ...Read More >
Tata Motors is preparing to expand its electric vehicle lineup with the much-anticipated Sierra.ev, which is expected to go on sale in May 2026. The electric SUV will arrive a few months after the launch of its ICE counterpart, which has already crossed 20,000 units in sales within around four months. Here's a quick look at what we can expect from the model.The Sierra.ev will be positioned as a mid-size electric SUV, slotting below the Tata Harrier EV in the company's portfolio and likely above ...Read More >
* Mahindra will raise prices of ICE SUVs and commercial vehicles from April 6, capped at 2.5% * Average price hike across the portfolio will be 1.6%, excluding XUV 7XOs until 40,000 units sold * March 2026 sales reached 99,969 vehicles, marking a 21% growth including exports Did our AI summary help? Let us know. Switch To Beeps Mode Mahindra has announced to increase the prices of its offerings in the Indian market from April 6 onwards. This hike will be applicable on both ICE SUVs and com ...Read More >
New Delhi: The domestic automotive metal forming market of India is projected to nearly double to $90-95 billion by FY30, growing at around 12 per cent annually, as global supply chain realignments drive value concentration toward process-led manufacturers, a report has said. As per Avendus Capital analysis, India's auto component industry -- casting, forging, stamping and machining -- crossed $80 billion in size in FY25 and turned a net exporter during the year, with exports reaching approxima ...Read More >
The tax will be levied as a lumpsum at the time of registration (file) ShowQuick Read Summary is AI-generated, newsroom-reviewed * Karnataka plans to end road tax exemption on battery-operated electric vehicles * The Motor Vehicles Taxation Bill 2026 proposes separate lifetime tax slabs for EVs * One-time tax will range from 10% to 14% based on EV price categories Did our AI summary help? Let us know. Switch To Beeps Mode Bengaluru: One may soon have to shell out more bucks to buy an e ...Read More >
Mumbai, Apr 1 (PTI) Two-wheeler maker Hero MotoCorp on Wednesday posted an 8.84 per cent growth in vehicles dispatches at 598,198 units in March over the year-ago period. The company had recorded total vehicle dispatches at 549,604 units in March 2025. Retail sales during the reporting months also remained robust with 542,436 VAHAN registrations (as per VAHAN data except for Telangana) as on April 1, indicating a growth of around 24 per cent, the company said. Noting that the demand was led b ...Read More >
SYNOPSIS: India's auto sector showed mixed performance in March 2026, with strong growth in SUVs and EVs, while export weakness and segmental variations highlighted evolving demand trends across manufacturers. March 2026 turned out to be a mixed yet eventful month for India's automobile sector, with performance varying across companies and segments. While several automakers reported strong year-on-year growth, particularly in SUVs and electric vehicles (EVs), others faced pressure from weaker e ...Read More >
Gurugram : JSW MG Motor India recorded 19% Year-on-Year (Y-o-Y) growth in March 2026 compared to the same month in 2025.The company registered the sales figure of 6528 wholesale units, reflecting sustained momentum across its Internal Combustion Engine (ICE) and New Energy Vehicle (NEV) portfolios. In line with evolving market dynamics, JSW MG Motor India has announced a price increase of up to 2%* across its MG portfolio, effective April 1, 2026. This adjustment is intended to partially offset ...Read More >
New Delhi, April 1 (SocialNews.XYZ) India's automobile sector ended March 2026 on a strong note, with major carmakers reporting record sales driven by steady demand, new launches, and expanding customer reach. Kia India emerged as one of the top performers, posting its highest-ever March sales since entering the Indian market. The company sold 29,112 units during the month, marking a 14.5 per cent year-on-year growth compared to 25,525 units in March 2025. The automaker also recorded its best ...Read More >
On the other hand, Bengaluru led home sales with 17991 units, followed by Pune with 16144 units and Thane with 15959 units. "Housing sales continued to moderate in the first quarter of 2026, with Delhi-NCR and Bengaluru emerging as outliers. This reduction is due to low supply across most cities. Close to 22,000 fewer units were supplied in Q1 2026 as compared to the same period last year," Samir Jasuja, founder and CEO, PropEquity, said. While Bengaluru led with 17,991 units sold, followed by ...Read More >
New Delhi [India], April 1 (ANI): India's auto components industry is poised for structural growth as global supply chains realign, with process-led manufacturers expected to emerge as key beneficiaries, according to a report by Avendus. The report highlighted that the global automotive sector is undergoing a "structural reset," driven by electrification, cost pressures, and geopolitical shifts, which is prompting original equipment manufacturers (OEMs) to rethink sourcing strategies. "Cost opt ...Read More >
New Delhi, Apr 1 (PTI) JSW MG Motor India on Wednesday reported a 19 per cent year-on-year rise in dispatches to dealers at 6,528 units in March. The wholesales for March reflected sustained momentum across its internal combustion engine (ICE) and new energy vehicle (NEV) portfolios, JSW MG Motor India said in a statement. The company said it will hike prices on the MG SELECT portfolio by up to 7 per cent, effective April 1, 2026, including flagship models such as the MG Cyberster and MG M9. ...Read More >
SINGAPORE: India's diesel exports to South-East Asia surged to the highest in more than seven years in March, shipping data showed, as traders pivoted supply to cover short positions and refiners cashed in on higher profits in Asia caused by the US-Israeli conflict with Iran. The surge in exports could boost spot sale margins for Indian refiners who have purchased large volumes of prompt Russian crude to replace Middle East supply disrupted by the conflict. About one million metric tonnes (7.4 ...Read More >
New Delhi: Electric cars and two-wheelers clocked record monthly sales in March as customers advanced purchases amid aggressive promotions and fears of fuel and vehicle price hikes in FY27. Electric car registrations -- a proxy for retail sales as carmakers report only dispatches to dealers -- rose 49% on-year to 19,711 units in March, while those of electric two-wheelers surged 36% to 177,485 units, Vahan portal data on Tuesday showed. Also Read: India's EV transition must be inclusive, econo ...Read More >
New Delhi: Get ready to pay more for new cars. Come Wednesday, prices of some brands will go up as concerns around supply chain and expensive input costs will see companies raise retail prices. Those looking to immediately raise retail prices include mainstream brands such as Tata Motors and JSW MG, while the luxury brigade of BMW, Audi and Mercedes-Benz will also increase prices, especially as they also factor in the impact of rupee depreciation against the Euro. It is yet not clear whether top ...Read More >
Singapore: India's diesel exports to Southeast Asia surged to the highest in more than seven years in March, shipping data showed, as traders pivoted supply to cover short positions and refiners cashed in on higher profits in Asia caused by the U.S.-Israeli war with Iran. The surge in exports could boost spot sale margins for Indian refiners who have purchased large volumes of prompt Russian crude to replace Middle East supply disrupted by the war.About 1 million metric tons (7.45 million barre ...Read More >
New Delhi: Global oil markets were jolted at the beginning of this week as Brent Crude Oil surged past $115 per barrel after fresh missile attacks by Yemen's Houthis widened the West Asian conflict. Brent's jump to $116 per barrel Monday reflects market fears over potential disruptions to critical oil supply routes and export hubs. Apart from the Houthis' entry into the war launched by the US-Israel coalition against Iran, the spike also comes after US President Donald Trump's comments that he ...Read More >
New Delhi [India], March 30 (ANI): The Index of Industrial Production (IIP) recorded a 5.2 per cent year-on-year (YoY) growth in February 2026, supported by a 6 per cent expansion in the manufacturing sector. The Ministry of Statistics & Programme Implementation, on Monday, highlighted a steady climb in industrial activity compared to the 4.8 per cent growth seen in January 2026. The overall Quick Estimate of the IIP reached 159 for the month, rising from 151.1 in February 2025. The growth rem ...Read More >
Strong SUV and EV demand drive the automaker's best-ever festive season performance, signalling robust consumer sentiment and momentum for the rest of FY26. New Delhi: Tata Motors on Tuesday said that it has reported record sales this festive season, delivering more than 1 lakh vehicles during the 30-day period between Navratri and Diwali 2025, a 33 per cent growth compared to the same period last year. The company said the surge reflects strong consumer sentiment and growing preference for it ...Read More >
Gurugram : JSW MG Motor India reported monthly sales of 6728* units in September 2025, reflecting a year-on-year (YoY) growth of 34% compared to the 5021 units sold in September 2024. The company's growth was supported by the recent GST reduction and the onset of the Navratri festive season, both of which boosted customer sentiment and provided strong sales momentum. Both ICE and EV models of JSW MG Motor India contributed to this remarkable achievement. The recent GST reduction has delivered s ...Read More >
New Delhi: The Maruti Alto K10 boasts a stunning look and is considered a favourite among young people. People can afford to own a car at a low cost. Furthermore, the Maruti Alto K10's mileage is excellent. Prices have definitely dropped after the 18% GST rate was increased, and the Maruti Alto K10's price has also improved significantly. Its features are also excellent, reflecting a modern touch. If you're interested in purchasing it, you can learn about the latest prices. This car has become ...Read More >
hivanshu Gupta, Senior Partner at global management consulting firm McKinsey (Image: ANI)Disruptions in global trade flows are creating opportunities for Indian auto component manufacturers in both ICE and EV segments. India could see a significant revenue increase in the coming years. New Delhi [India], September 12 (ANI): Shivanshu Gupta, Senior Partner at global management consulting firm McKinsey on Friday said he believes the disruption in global trade flow can come as a shot in the arm fo ...Read More >
Srinagar, Sept 12: Kia has just launched a blockbuster deal that's turning heads and driving crowds to dealerships across the country. According to a statement issued here, in a bold move, Kia is passing 100% GST benefits directly to customers, effectively reducing the starting prices of its popular models and stacking up consumer offers like never before. This isn't just a discount - it's a full-blown celebration before the festive season even begins. With total benefits reaching up to Rs1,75 ...Read More >
Auto companies have urged the government to allow either an adjustment of accumulated cess with tax liabilities or a refund, warning that otherwise the credits will have to be reversed in their accounting books. Automobile manufacturers are staring at a potential write-off of around ₹2,500 crore in accumulated compensation cess credits, which will lapse on September 22 when the new GST 2.0 rates take effect, as per PTI. Currently, automobiles attract GST at 28 per cent -- the highest slab -- p ...Read More >
Mumbai/New Delhi: "A pandemic shut borders, a war disrupted energy flows, and a ship stuck in the Suez Canal shook global logistics. And yet, in this turbulence lies an extraordinary opportunity for India to position itself as a trusted, resilient, and sustainable manufacturing hub." Maruti Suzuki India MD & CEO Hisashi Takeuchi's call to action set the tone at the annual session of the Automotive Component Manufacturers Association of India (ACMA) on Friday as he invoked Prime Minister Narendr ...Read More >
New Delhi, Aug 29 (SocialNews.XYZ) The proposed rationalisation of Goods and Service Tax (GST) Slab before Diwali this year can pull up first-time buyers in the two-wheeler (2Ws) segment, a report said on Friday. "The imminent GST cut by 10 per cent (from 28 per cent to 18 per cent) can make the 2Ws a lot more affordable and help revive demand, both for first-time buyers and even replacement cycles," HSBC Global Investment Research said in a report. The Eighth Pay Commission will also provide ...Read More >
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