automotive industry

New Delhi, April 1 Automaker Kia India reported 14.5 per cent growth in total sales at 29,112 units in March, compared to 25,525 units sold in the same month of 2025.This is the company's best-ever sales performance for the month of March, Kia India said in a statement.The company further...

New Delhi, April 1 Hyundai Motor India Ltd (HMIL) on Wednesday reported a 2.5 per cent year-on-year growth in sales at 69,004 units in March 2026.Sales for March 2026 comprised domestic sales of 55,064 units – the highest-ever domestic sales for any March month, with a 6.3 per cent...

Johannesburg, March 31 South African President Cyril Ramaphosa announced an ambitious initiative to attract investment of around USD 60 million over the next two years at the 6th edition of the annual South Africa Investment Conference in Johannesburg on Tuesday."Investment conferences such as...

Maruti Suzuki Launches ‘Quickstop’ Initiative for Automotive Services Expanding Service Accessibility with New Locations New Delhi, March 30 – Maruti Suzuki India Ltd. launched a new initiative on Monday, offering automotive services at high-traffic locations. These include corporate campuses...

New Delhi, March 25 Auto component major Samvardhana Motherson International announced on Wednesday that it has signed a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited to provide integrated supply chain solutions for the global automotive industry.The JV will...

Maruti Suzuki Plans 35% Rail-Based Vehicle Dispatches by FY31 Company Targets Sustainable Logistics Expansion New Delhi – March 25 – Maruti Suzuki India Ltd announced plans to significantly increase its reliance on rail-based vehicle dispatches, aiming for a 35 per cent share by fiscal year...

Maruti Suzuki to Invest ₹10,189 Crore in New Gujarat Plant, Targets 2.5 Lakh Annual Capacity New Delhi, March 24: Maruti Suzuki India on Tuesday announced a major expansion plan, with its board approving an investment of ₹10,189 crore to establish the first phase of a new manufacturing facility...

Mumbai, March 24 Japanese tyre maker Bridgestone is looking to sustain its strong growth momentum in India and expects a compounded annual growth rate (CAGR) of around 67 per cent in gross sales over the next five years, its managing director Rajarshi Moitra has said.He also said that the...

Bosch and Tata AutoComp Form Joint Venture for Electric Mobility Joint Venture Details Bosch Ltd and Tata AutoComp Systems Ltd announced the formation of a joint venture focused on the engineering, manufacturing, and sales of eAxle systems and electric motors in India. The partners plan to hold...

Honda Motorcycle & Scooter India to Invest ₹1,500 Crore in Rajasthan Plant Expansion New Production Line at Tapukara to Boost Capacity by 2028 New Delhi, March 19: Honda Motorcycle & Scooter India (HMSI) on Thursday announced an investment of around ₹1,500 crore to set up a third production line...

Lamborghini Sees No Immediate Gains from India EU FTA, Eyes Future Inclusion for Hybrid Models Plug In Hybrid Range Excluded from Current Trade Agreement New Delhi, March 19 Italian luxury sports car manufacturer Automobili Lamborghini has said it will not benefit from the recently signed India...

Tata Motors Commercial Vehicle Prices Set to Rise Up to 1.5% From April 1 Tata Motors Announces Price Hike Across CV Portfolio Shares of Tata Motors' commercial vehicle arm are expected to remain in focus on Tuesday, March 17, after the company announced a price increase across its product...

Auto and EMS Stocks Slide as Chip Shortage Fears Intensify Amid Geopolitical Tensions Auto Ancillary and Vehicle Makers Lead Decline on Nifty Auto Shares of automobile and electronics manufacturing services (EMS) companies declined sharply on Monday, March 9, as concerns grew that escalating...

Sedemac Mechatronics IPO Allotment Expected Today: Here’s How Investors Can Check Status Sedemac Mechatronics is expected to finalize the share allotment for its initial public offering on Monday, March 9, 2026, following the close of its ₹1,087.45 crore offer for sale issue last week.The IPO...

Hyundai Motor and Kia Post Record US Sales in February on Strong SUV and Hybrid Demand Combined US Vehicle Sales Rise 5 Percent Year on Year Seoul, March 4: Hyundai Motor and Kia reported record vehicle sales in the United States for February, driven by sustained demand for sport utility...

Honda Cars India Reports 30.11% Drop in Total Sales in February 2026 Total Sales Fall to 7,212 Units New Delhi, March 1: Honda Cars India Ltd reported a 30.11 per cent year on year decline in total sales for February 2026, with overall dispatches standing at 7,212 units.The automaker had...

Sedemac Mechatronics IPO Opens March 4: Price Band Set at ₹1,187 to ₹1,352 Per Share Sedemac Mechatronics Ltd, backed by A91 Partners, Catamaran Ventures, and Xponentia Capital, has announced the price band for its upcoming initial public offering, with the issue set to open for subscription on...

New Delhi, February 25: With a clear policy roadmap and robust industry participation, India is poised to establish itself as a leading global hub for electric mobility manufacturing and innovation, Union Minister for Heavy Industries and Steel H.D. Kumaraswamy said on Wednesday.Speaking on...

Declining Ownership Among 20s and 30s New data from South Korea’s auto industry tracker Carisyou shows that new passenger car purchases by people in their 20s and 30s fell to their lowest levels in a decade in 2025.New car registrations among consumers in their 20s totaled 61,962 units...

10 Major Investments Cleared at HLCA Meeting Led by CM Mohan Charan Majhi Bhubaneswar, February 22: The Odisha government has approved 10 large industrial projects with a combined investment of Rs 44,200 crore, marking a significant step in strengthening the state’s industrial ecosystem. The...