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PASSENGER VEHICLE MARKET
Maruti Suzuki clocks record monthly production in July at 2,48,845 unitsMaruti Suzuki produced a record 2,48,845 vehicles in July, up 33% year-on-year, driven by strong demand across segments. Despite record out...
India PV sales hit record high in July, up 34% on strong demand and GST cutsAs per industry estimates, around 469,000 passenger cars, utility vehicles and vans were dispatched from factories to dealerships last mont...
PV sales grow 33% in July at 4.7 lakh, Maruti, Hyundai log record salesPassenger vehicle dispatches saw a significant 33 percent increase in July. Maruti Suzuki and Hyundai led this growth with record domestic ...
Tata Motors Passenger Vehicles sales jump 59% to 63,760 units in July 2026Tata Motors Passenger Vehicles Ltd. reported encouraging sales for July 2026, with total units sold reaching 63,760. Domestic vehicle sales...
Maruti Suzuki records 42.4% growth in domestic sales in July, hits highest-ever 2 lakh unitsMaruti Suzuki reached a milestone in July 2026, achieving its best-ever monthly domestic sales with over two lakh units sold. Cumulatively,...
BEE's draft CAFE norms risk derailing India's EV ambitions, industry competitivenessDelhi's revolutionary electric vehicle policy stands at odds with the Bureau of Energy Efficiency's updated CAFE standards. The latest guid...
Auto components player Kay Jay Forgings, power infra EPC Polite Powertech get Sebi nod for IPOsKay Jay Forgings and Polite Powertech have secured Sebi approval to launch their IPOs. Kay Jay plans to raise Rs 300 crore through a fresh ...
Mahindra Last Mile turns unicorn with ₹322 cr raiseMahindra Last Mile Mobility has achieved unicorn status after a recent funding round. The company secured approximately ₹322 crore, valuing...
Mahindra Last Mile raises ₹322 crore at unicorn valuationMahindra Last Mile Mobility has achieved unicorn status after a substantial funding round. This investment solidifies their leadership in I...
Honda appoints Toshiyuki Yanagisawa as President and CEO of Honda Cars IndiaThe appointment of Yanagisawa as the President & CEO of Honda Cars India Ltd (HCIL) will be effective from October 1, 2026, the company sai...
1,000-plus km on a single tank: While world focuses on EVs, this hydrogen bus, which refuels in just 15 minutes, has emerged as clean-fuel alternativeHydrogen Bus Spain: A hydrogen-powered bus has been transporting passengers in Madrid, Spain, since June as part of a real-world trial. Pow...
L&T bets Rs 5,000 crore on a new electronics business, targets $4.85 bn marketLarsen & Toubro is investing Rs 5,000 crore over five years in a new electronic products business. This new venture aims to expand manufact...
Auto wholesales likely to stay strong in July on PV, CV demand: NuvamaDomestic automobile wholesales are projected for strong growth in July 2026. Passenger and commercial vehicle volumes are expected to expan...
BYD launches EV mini-car in JapanBYD has launched the Racco electric mini-car in Japan, priced below 2 million yen before subsidies, aiming to revive weak sales and boost b...
India-made EVs race ahead globally amid fuel price shockExports rose to 15,641 units in the three months ended June, from 1,122 units a year earlier, showed industry data. This accounted for more...
Maruti Suzuki puts SUV focus on the fast track for growthMaruti Suzuki aims to become India's largest SUV maker. The company is expanding its utility vehicle portfolio and brand positioning. Facto...
Premium car buyers drive EV, hybrid shift as high-margin segment goes electricElectrified vehicles are now nearly half of new premium car registrations. This significant shift reflects changing buyer preferences in In...
EV penetration may rise to 10-12% of total sales in FY27: Ind-Ra reportIndia's electric vehicle sales are projected to reach ten to twelve percent this fiscal year. E-two-wheelers will drive this adoption, supp...
Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
Rising fuel costs accelerate EV shift; MG bets bigger on plug-in hybridsJSW MG Motor India is increasing its focus on new-energy vehicles. The company anticipates NEVs will comprise eighty percent of its sales t...