VEHICLE
Vintage to avant-garde: International Autoshow is back with its 3rd edition in Bengaluru
The 3rd edition of the International Autoshow in Bengaluru, organized by Triune Exhibitors Pvt Ltd and TYGA events, will take place from September 13-16. The event features over 100 companies, showcasing both vintage and futuristic vehicles. Highlights include vintage cars from Payana Vintage Car Museum and the unveiling of India's first all-terrain vehicles by A-thon.
Passenger vehicle wholesales dip 2 pc in August as OEMs cut dispatches
Domestic passenger vehicle wholesales in India saw a slight decline of about 2 per cent year-on-year in August, as companies reduced dispatches to manage dealer inventory amid lower demand. According to SIAM, total passenger vehicle dispatches stood at 3,52,921 units compared to 3,59,228 units in August 2023. However, two-wheeler wholesales rose by 9 per cent to 17,11,662 units. The festive season and government schemes are expected to boost future demand.
Pre-Bharat Stage norm vehicles should be scrapped, says top official
Ministry of Road Transport & Highways Secretary Anurag Jain has advocated for the scrapping of pre-BS era vehicles, particularly commercial heavy vehicles, due to pollution and safety concerns. He highlighted that these older vehicles contribute significantly to pollution and have higher fuel and maintenance costs. The government is working on incentivizing vehicle scrapping.
Automobile dealers can claim ITC on demo cars used for promoting sales: CBIC
The CBIC has clarified that automobile dealers can claim input tax credit (ITC) under GST for demo cars used to promote sales. However, ITC is not available if these vehicles are used for personal purposes. This clarification aims to reduce tax costs and resolve ongoing litigation in the automotive sector.
Maruti Suzuki India to export EVs to Europe, Japan soon
Maruti Suzuki India plans to export high-specification electric vehicles with a range of 500 km, powered by a 60 kWh battery. The company aims to increase customer confidence by offering multiple EV products and after-sale support. They also plan to develop biofuel and hydrogen models to combat carbon emissions and increase exports significantly by 2030.
Passenger, commercial vehicles retail sales skid in August as heavy rains dampen sentiment
Retail sales of passenger and commercial vehicles in India declined in August due to excessive rainfall affecting consumer sentiment and economic activity. Passenger vehicle sales dropped by 4.5% and commercial vehicles by 6.05%. However, overall retail sales rose by about 3%, driven by higher two-wheeler and three-wheeler sales.
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Passenger, commercial vehicle registrations fall in August as floods, rainfall disrupt sales
Vehicle registrations in India saw a decline in passenger and commercial vehicle sales due to excessive rainfall and floods. However, overall registrations increased by 3% in August, driven by demand for two-wheelers and three-wheelers. Dealers are concerned about high inventory levels and are cautiously optimistic about the upcoming festive season.
Maruti Suzuki cuts prices of Alto K10, S-Presso variants
Maruti Suzuki has reduced prices of select variants of its small cars, Alto K10 and S-Presso, by up to Rs 6,500. This move follows recent challenges in the small car market due to higher costs from new regulations and stagnant household incomes. The revised prices take effect from September 2.
Mahindra Auto sales up 9% in August at 76,755 units
Mahindra & Mahindra reported a 9% year-on-year increase in total wholesales to 76,755 units in August, with domestic passenger vehicle sales up 16% and exports rising 26%. Total tractor sales saw a 1% increase. The company anticipates further growth driven by favorable conditions for the upcoming festive season and agricultural factors.
Auto sales decline in August for second straight month
Passenger vehicle sales in India declined for the second consecutive month in August due to a high base and manufacturers reducing dispatches to balance dealership stock. About 350,000-355,000 vehicles were dispatched, marking a 1.7-3% drop from August 2023. Carmakers are hopeful for strong demand during the upcoming festive season.
Tata Motors sales dip 8% to 71,693 units in August
Tata Motors reported an 8 per cent increase in total wholesales for August, with 71,693 units compared to 78,010 units in the same month last year. Domestic sales, however, dipped by 8 per cent, hitting 70,006 units. Passenger vehicle sales, including electric vehicles, reached 44,142 units, while commercial vehicle sales declined 3 per cent to 25,864 units.
Why India's auto industry is betting big on the grand re-entry of small cars
The small car segment in India, once sidelined by the popularity of SUVs, is poised for a resurgence by 2026, experts say. Factors such as two-wheeler owners upgrading to four-wheelers, affordable and efficient urban mobility, and multiple drivetrain options including electric vehicles will drive demand.
Maruti, Hyundai, Toyota gear up for launch of seven-seater models amid growing demand
Korea’s Kia too is likely to roll out a seven-seater EV based on its popular UV model, Carens next year, people said. Others include upgraded versions of MG Motor’s Gloster, Jeep’s Meridian and Kia’s Carnival models at the more premium end of the market.
Tesla’s 'full self-driving' faces intensifying safety scrutiny
Tech analyst William Stein tested Tesla's 'Full Self-Driving' system three times and reported unsafe maneuvers, raising concerns about its safety. Federal regulators are scrutinizing Tesla's autonomous driving system after multiple crashes. Skepticism grows over Tesla's promise of a driverless fleet by next year.
Confident of outperforming industry in both domestic, global markets: TVS Motor
TVS Motor Company predicted growth this fiscal by leveraging new product launches and operational improvements, CEO KN Radhakrishnan reported. The company aimed to outpace industry trends in both domestic and international markets. Plans included expanding in Africa, the Middle East, and Latin America, while addressing challenges like currency devaluation and inflation in specific regions.
Maruti to follow registrations on Vahan for monthly sales reporting
Maruti Suzuki is set to revolutionize its sales reporting by shifting from factory despatches to vehicle registrations based on the Ministry of Road Transport & Highways' (MoRTH) Vahan portal. This move aims to align car supply with actual demand and increase transparency. Dealers will now earn incentives based on Vahan registration data, a practice already followed by MG Motor India and Tata Motors. Senior executive Partho Banerjee confirmed that Maruti is advocating for industry-wide adoption of this method through SIAM.
Passenger vehicle sales fall for first time in over two years in July
While sales of small cars, sedans and hatchbacks declined last month, utility vehicles, which includes both sport-utility vehicles (SUVs) and multipurpose vehicles (MPVs) like Ertiga and Innova, grew in modest single digits in July.
Sales data of July reflects a positive outlook for the Indian automobile industry: SIAM
In July, Indian passenger vehicle sales reached 3,41,510 units, up from June's 3,37,757 units. Two-wheeler sales rose 12.5% to 14,41,694 units, while three-wheeler sales grew 5.1% to 59,073 units. Despite a 2.5% decline in passenger vehicles year-on-year, the overall outlook remains positive with growth expected from festive season boosts
Maruti Suzuki's export of Made in India SUV to Japan boosts Brand India global image: Goyal
Commerce Minister Piyush Goyal announced Maruti Suzuki's export of the Fronx SUV to Japan, enhancing the 'Brand India' image. Over 1,600 units departed from Gujarat’s Pipavav port, marking the first Maruti SUV exported to Japan. This move highlights India's growing global automotive presence and manufacturing capabilities
Global demand muted; gradual improvement expected in domestic market: Tata Motors
Tata Motors recorded a net profit of Rs 5,566 crore for the June quarter but expects international demand to remain low. Domestically, demand is anticipated to recover slowly, supported by new product launches and the festive season. The company is also focused on reducing costs and accelerating retail sales despite high inventory challenges.
Bharat Mobility Show 2025: From Tata to BYD, auto giants line up for Delhi ramp; set to become world's biggest auto expo
India's Bharat Mobility Show in January featured 28 automakers, including Tata Motors and Maruti Suzuki, focusing heavily on electric vehicles. The event showed heightened interest, with participation surpassing previous records and competing with major global auto expos. Emerging markets like India are experiencing robust growth in the auto sector.
Maruti Suzuki to recall 2,555 Alto K10 vehicles for possible defect; affected customers advised against driving the vehicle
Maruti Suzuki has announced a recall of 2,555 Alto K10 vehicles due to a potential defect in the Steering Gear Box Assembly, which could affect the vehicle's steerability. Owners of the affected vehicles are advised not to drive them until the part is replaced. The company will arrange for inspections and replacements at no cost through authorized dealer workshops.
Toyota would pursue technologies that reduce use of fossil fuel: Dy MD Swapnesh Maru
Toyota Kirloskar Motor (TKM) is committed to reducing its carbon footprint and fossil fuel use in India by adopting diverse technologies. Deputy MD Swapnesh Maru emphasized the need for a multi-pronged approach, including hybrids and blended fuels, due to India's energy challenges. TKM plans expansion with a new plant in Karnataka and aims to increase production capacity while exploring hydrogen as a future fuel.
Vehicle registrations rise 13.84% in July driven by rural demand, discounts
Dispatches of passenger vehicles last month, though, declined by about 2% with automakers limiting wholesales amid elevated stock levels in the market. As per industry estimates inventory of passenger vehicles in the channel stands at 407,000 units. Dealers peg the numbers higher and said car stocks in the network range between 67-72 days.
Indian auto companies will soon produce 100% ethanol-run cars and 2-wheelers: Nitin Gadkari
Recently, Toyota has announced for setting up of a plant to produce flex cars in Aurangabad, Maharashtra, with an investment of Rs 20,000 crore. Gadkari says Tatas and Suzuki are also working on producing 100 per cent ethanol or flex engine cars. In the two-wheeler segment Bajaj, TVS and Hero are making flex-engine bikes and scooters.
Tractors' growth contracts 12% in July, FADA laments record-high PV inventory levels
India's automobile retails grew 13.8% annually in July, driven by double-digit growth in most segments except tractors. Despite a 14% rise in passenger vehicle sales due to new launches, inventory levels hit a historic high, posing risks to dealers. FADA urges OEMs and financial institutions to exercise caution amid economic uncertainties.
Car cos find roads to dealers choked: PV sales decline for the first time in 2.5 years in July amid sluggish demand
Passenger vehicle sales have experienced a decline for the first time in two and a half years, with July's sales figures reflecting a broader slowdown in consumer spending. The dip in demand and high dealer inventory are key factors behind this downward trend. Industry estimates indicate that 344,000-345,900 vehicles were sold in the local market last month, showing a 2.5% decrease compared to the 353,000-354,000 units sold in July 2023.
Passenger vehicle sales drop for first time in 2.5 years
July witnessed a decline in passenger vehicle sales in India after over two years. Sales dropped by about 2.5% to around 344,000-345,900 units due to increased dealer inventory and lukewarm consumer interest. While Maruti Suzuki and Hyundai posted declines, Toyota and Mahindra saw growth, driven by demand for utility vehicles.
Tata Motors sales dip 11% in July at 71,996 units
Tata Motors reported a 11% year-on-year decrease in total sales in July, with 71,996 units sold compared to 80,633 in 2023. Domestic sales fell to 70,161 units, with passenger vehicle sales down 6% and commercial vehicle sales down 18%.
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