Cars & Auto Update
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- India’s passenger vehicle volume to scale fresh high in FY26, utility cars to lead: Reporton 26-Apr-2025 at 8:41 am
A Crisil Ratings report said that this marks the fourth consecutive year of record sales, although momentum has significantly eased from the 25 per cent surge in fiscal 2023 after the pandemic.
- Maruti goes slow on new plant amid sluggish saleson 26-Apr-2025 at 8:38 am
Maruti Suzuki is slowing down land acquisition for its second Gujarat factory, a Rs 35,000-crore project, due to sluggish car sales growth.
- Kerala’s policy electrifies EV growthon 26-Apr-2025 at 8:31 am
There has been a steady upward curve in EV adoption over the past three years. In 2022, EVs made up just 5.05% of total vehicle registrations, with 39,632 EVs out of 7,84,080.
- Hyundai Motor launches tariff task force, shifts some Mexico output to the USon 26-Apr-2025 at 8:21 am
It is also considering whether to move production of some U.S.-bound cars from South Korea to other locations, the automaker said as it reported a 2% rise in first-quarter operating profit and reaffirmed its annual earnings targets.
- BYD’s quarterly profit surges at fastest pace in nearly two yearson 26-Apr-2025 at 8:17 am
Net profit totalled 9.2 billion yuan ($1.26 billion), a stock filing showed on Friday, compared with the company’s earlier estimate of 8.5 billion yuan to 10 billion yuan.
