Domestic passenger vehicle dispatches in India surged by 34.3 per cent year-on-year to 4,57,810 units in July, marking the auto industry's strongest-ever July sales, according to the Society of Indian Automobile Manufacturers (SIAM).
Maharashtra's transport department has initiated a statewide drive to assess taxi and autorickshaw drivers' working knowledge of Marathi, issuing notices to 1,268 drivers on the first day. Those who fail the initial 16-question test will receive a one-month notice to learn Marathi, with subsequent failure leading to a three-month badge suspension.
Mahindra & Mahindra's Q1FY27 results missed consensus estimates due to declining gross margins, but strong demand for its SUV portfolio and strategic price hikes are expected to drive near-term gains, particularly in the auto segment, despite headwinds in farm equipment.
Widespread fear amongst autorickshaw and taxi drivers over rumoured steep fines linked to a state government Marathi proficiency drive erupted into street protests in parts of Mumbai on Monday, forcing Chief Minister Devendra Fadnavis to step in and address the panic. During protests, some drivers tried to prevent other members from transporting passengers, inconveniencing common people in the morning hours.
Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.
Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.
India's electric two-wheeler market has seen record penetration, exceeding 11.2 per cent, driven by crude oil price fluctuations. This surge has led to an unexpected crisis for Indian OEMs, with unfulfilled customer demand reaching 20-30 per cent and average waiting periods exceeding four weeks, a situation expected to intensify during the upcoming festival season.
Commercial vehicle loans recorded the highest early-stage delinquency among vehicle finance products, with portfolio at risk (PAR) 31-90 at 4.1 per cent in June 2026, while used car loans emerged as the fastest-growing segment, according to a CRIF High Mark report.
Total automobile retail sales in India surged by 25.89 per cent year-on-year to 25,91,138 units in July, driven by GST rationalisation, ease of retail finance, and favourable festival timing, according to the Federation of Automobile Dealers Associations (FADA). This marks the first time all vehicle categories recorded their best-ever July sales.
India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).
Maharashtra's Transport Minister Pratap Sarnaik announced a drive against auto-rickshaw and taxi drivers lacking a 'working knowledge' of Marathi, with penalties ranging from licence suspension to cancellation, sparking fears among non-Marathi speaking drivers.
Domestic passenger vehicle dispatches in India reached a record 12,73,811 units in the first quarter of FY27, marking a 25.9 per cent growth, driven by robust domestic demand despite geopolitical headwinds, according to SIAM.
A 32-year-old auto-rickshaw driver in Thane, Maharashtra, has been arrested for allegedly raping a woman multiple times after promising to marry her. The arrest followed the woman's complaint to the Bhiwandi City police.
Haryana has significantly reformed its land records administration, reducing pending mutation cases by over 90% and implementing an auto-mutation system. This digitisation effort aims to make land management faster, more transparent, and technology-driven, improving efficiency and public trust.
Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.
The Maharashtra government has proposed amendments to the Maharashtra Motor Vehicles Rules, 1989, making 'working knowledge of Marathi language' mandatory for cab drivers, with non-compliance potentially leading to suspension or revocation of driving licences.
Delhi Police have dismantled a counterfeit auto parts operation, arresting three individuals for allegedly selling fake switches branded with a well-known auto component manufacturer's name. Raids in Karol Bagh led to the seizure of 10,650 counterfeit switches, believed to be imported and sold as genuine products.
Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.
Maharashtra Transport Minister Pratap Sarnaik announced that autorickshaw and taxi drivers will be given an opportunity to learn Marathi before any action is taken against them for non-compliance with the language requirement. This move softens the state's earlier stance, which had evoked mixed reactions and concerns about livelihoods.
A 48-year-old auto-rickshaw driver died in Bengaluru after a compound wall collapsed on his vehicle during heavy rains. The incident occurred in the Vijayanagar area, where the driver had parked to take shelter from the rain.
Mundhe said the FDA was examining advertisements for products other than tobacco-related items and would act wherever misleading claims or other violations were found.
India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.
The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.
Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.
Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.
A Hindi song with a 'Vande Mataram' refrain, not the official national song, was played at a government event in Thane attended by Maharashtra Deputy Chief Minister Eknath Shinde, who subsequently directed organisers to adhere strictly to the approved version.
The Ministry of Heavy Industries (MHI) anticipates disbursing approximately 4,700 crore in incentives under the automotive PLI scheme in FY27, more than double the previous two years, while also exploring financing mechanisms for electric buses and trucks and promoting domestic manufacturing of critical EV components.
Indian benchmark equity indices closed higher on Thursday, with the Sensex gaining 273.55 points to 77,928.15 and the Nifty rising 66.95 points to 24,317.15, driven by bargain hunting and short-covering in IT and auto sectors.
While intense protests were seen in Mandya and preventive detentions carried out at several places, life remained unaffected in major urban centres like Bengaluru and Mysuru.
'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'
Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.
India's first hydrogen-powered train, to be flagged off by Prime Minister Narendra Modi from Haryana's Jind railway station on Friday, is equipped with multi-layer safety systems capable of detecting hydrogen leaks, heat, flames and smoke.
Upcoming Mahindra Scorpio Lifestyler 2027: Expected Price & Features!
Indian passenger vehicle manufacturers are significantly increasing production and stocking dealerships in anticipation of strong festival season demand, with new launches planned and supply bottlenecks being addressed. However, the industry faces potential moderation in growth during the second half of FY27 due to a high base from last year's post-GST surge, commodity inflation, and elevated inventory levels.
AAP MLA Kuldeep Kumar, who was allegedly 'picked up' by plainclothes police officers, has been released, police informed the Delhi High Court. His family had filed a habeas corpus petition alleging illegal detention, claiming he was taken from his home while leading a protest for a murdered sanitation worker.
An auto-rickshaw driver in Hyderabad is being hailed as a hero after he bravely intervened to stop a notorious criminal from snatching a gold chain. Mohammed Zaher used his vehicle to block the perpetrator and resisted an assault until police arrived. His actions have been praised by the Hyderabad Police Commissioner.
Gurugram police have arrested three individuals for allegedly robbing a passenger in an auto-rickshaw after offering him a lift. The incident occurred on April 10 when the victim was waiting for an auto-rickshaw outside the IFSC building in Sector 66. The accused, identified as Irfan, Sohail, and Ruksana, have been arrested by the crime branch.
A bank employee in Lucknow allegedly shot dead his wife and sister before taking his own life, reportedly due to marital discord. The incident involved shootings outside an ICICI Bank branch and at his home, with the accused posting a WhatsApp status alleging 'betrayal' by his wife.
Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.
The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.
