News for 'automobile industry'

India, US to continue efforts to finalise interim trade deal: USTR

India, US to continue efforts to finalise interim trade deal: USTR

Rediff.com2 Apr 2026

India and the United States are committed to finalising an interim trade agreement, despite recent challenges including the US imposing a blanket 10 per cent surcharge and India's decision to wait for a new global tariff architecture. The US Trade Representative's annual report highlights India's maintained high import tariffs and various non-tariff barriers across several sectors.

Tamil Nadu Elections: Jobs Promise Drives Voter Sentiment In Panapakkam

Tamil Nadu Elections: Jobs Promise Drives Voter Sentiment In Panapakkam

Rediff.com28 Apr 2026

As industrial plants boost the village's profile, locals demand priority hiring, alongside better storage facilities and water security.

LPG Crisis Triggers Reverse Migration Across Cities

LPG Crisis Triggers Reverse Migration Across Cities

Rediff.com2 Apr 2026

'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'

India has adequate fuel stocks, commercial LPG restored to 70%: Govt

India has adequate fuel stocks, commercial LPG restored to 70%: Govt

Rediff.com27 Mar 2026

The ministry of petroleum and natural gas on Friday reiterated that India has sufficient stock of crude oil, petrol and diesel, while ensuring an uninterrupted supply of LNG and LPG despite disruptions caused by the ongoing West Asia conflict.

Delhi Police Bust Counterfeit Auto Parts Racket, Arrest Three

Delhi Police Bust Counterfeit Auto Parts Racket, Arrest Three

Rediff.com10 Apr 2026

Delhi Police have arrested three individuals involved in the manufacturing and distribution of counterfeit two-wheeler spare parts, seizing fake components and packaging material worth approximately Rs 10 lakh.

Bajaj Auto gears up for festival season with new Pulsar models

Bajaj Auto gears up for festival season with new Pulsar models

Rediff.com8 May 2026

Bajaj Auto is set to launch new Pulsar motorcycles in the 125cc and 150-250cc segments in Q2 FY27, aiming to capitalise on the upcoming festival season surge. This move follows strong growth in the 150cc-plus segment, where refreshed Pulsar models already account for over 50 per cent of Bajaj's sales.

India, New Zealand sign FTA to boost trade, investment

India, New Zealand sign FTA to boost trade, investment

Rediff.com27 Apr 2026

India and New Zealand have signed a comprehensive Free Trade Agreement (FTA) aimed at significantly boosting bilateral commerce and investments, providing duty-free access for 100 per cent of India's exports to New Zealand and securing duty-free inputs for India's manufacturing sector.

After GST-led surge, car sales growth may decelerate in FY27

After GST-led surge, car sales growth may decelerate in FY27

Rediff.com13 Apr 2026

India's passenger vehicle (PV) industry is projected to experience moderated growth in FY27, following a strong rebound in H2FY26, primarily due to the high base effect, absorbed pent-up demand, and the lingering impact of geopolitical tensions in West Asia.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 May 2026

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

Auto industry seeks govt's help for rare earth import from China

Auto industry seeks govt's help for rare earth import from China

Rediff.com8 Jun 2025

The automobile industry has sought government support in expediting approvals from the Chinese government for importing rare earth magnets used in various applications, including passenger cars. As per the industry sources, various domestic suppliers have already sought approval from the Chinese government through their local vendors in China.

Auto cos delivered record 2,96,71,064 units in FY26; 13.3% jump YoY

Auto cos delivered record 2,96,71,064 units in FY26; 13.3% jump YoY

Rediff.com7 Apr 2026

India's auto retail sector achieved record-breaking sales of 2,96,71,064 units in FY26, a 13.3% increase, primarily driven by the implementation of GST 2.0 which reduced the tax burden on mass-segment vehicles, according to the Federation of Automobile Dealers Associations (FADA).

LPG Ships Clear Hormuz, India Supply Stable

LPG Ships Clear Hormuz, India Supply Stable

Rediff.com30 Mar 2026

18 Indian-flagged vessels with 485 Indian seafarers still remain in the western Persian Gulf region

Silver lining to India's ageing truck fleet

Silver lining to India's ageing truck fleet

Rediff.com14 Apr 2026

India's rapidly ageing truck fleet, with 42% of vehicles over 12 years old, is set to trigger a replacement-driven growth of 3-5% annually over the next five years.

Wow Cars At China Auto Show!

Wow Cars At China Auto Show!

Rediff.com2 May 2026

Glimpses from Beijing's grand Auto China exhibition reveal the rapid evolution of electric, autonomous and futuristic mobility.

Is there a path for automobiles beyond diesel engines?

Is there a path for automobiles beyond diesel engines?

Rediff.com27 Jan 2025

'The path beyond diesel is not going to be clear. It is really going to be dependent on applications.'

Delhi Man Nabbed for Manufacturing and Storing Fake Auto Parts

Delhi Man Nabbed for Manufacturing and Storing Fake Auto Parts

Rediff.com15 Mar 2026

Delhi Police have arrested a 33-year-old man for allegedly manufacturing and storing counterfeit automobile parts and packaging materials in a godown in west Delhi.

Osamu Suzuki, the man who spurred India's auto industry is dead

Osamu Suzuki, the man who spurred India's auto industry is dead

Rediff.com27 Dec 2024

Osamu Suzuki, the man who took a risk and bet on India when no one else believed in having a viable automobile company in the country, has died at the age of 94, according to information shared by Japan's Suzuki Motor Corporation on Friday.

Investors slow to lap up FMCG majors' stocks wanes

Investors slow to lap up FMCG majors' stocks wanes

Rediff.com28 Apr 2026

Companies in the fast-moving consumer goods (FMCG) sector are losing favour with equity investors, with their price-to-earnings (P/E) ratio declining to its lowest level in six years, now trading at 38.8 times trailing earnings.

Volkswagen bets big on India, targets 5% market share

Volkswagen bets big on India, targets 5% market share

Rediff.com21 Apr 2026

koda Auto Volkswagen India aims to capture a 5 per cent share of India's passenger vehicle market by 2030, driven by new product launches, including alternate fuel vehicles, and a potential entry into the high-volume sub-4 metre SUV segment.

OMCs unlikely to hike fuel prices, ONGC stock poised for 65% upside: CLSA

OMCs unlikely to hike fuel prices, ONGC stock poised for 65% upside: CLSA

Rediff.com27 Mar 2026

State-run oil-marketing companies (OMCs) are unlikely to significantly raise petrol and diesel prices despite crude oil nearing $100 a barrel, leading to potential margin pressure, while CLSA analysts project a 65 per cent upside for ONGC's stock.

Passenger vehicle dispatches up 4% in SepL Siam

Passenger vehicle dispatches up 4% in SepL Siam

Rediff.com15 Oct 2025

Passenger vehicle dispatches from companies to dealers rose 4 per cent year-on-year in September to 372,458 units, industry body SIAM said on Wednesday. The overall passenger vehicle dispatches last month rose 4.4 per cent to 372,458 units, as against 356,752 units in September 2024.

Passenger vehicle dispatches rise 10.6% in Feb to 4,17,705 units: SIAM

Passenger vehicle dispatches rise 10.6% in Feb to 4,17,705 units: SIAM

Rediff.com13 Mar 2026

Domestic passenger vehicle dispatches in India rose 10.6% in February, driven by utility vehicles and two-wheelers, but the industry remains cautious due to geopolitical tensions.

Costs could rise...: Skoda India director on shipping disruptions

Costs could rise...: Skoda India director on shipping disruptions

Rediff.com6 Apr 2026

'So far our production is not affected. But every day the situation prolongs, it does bring risks in terms of shipments getting delayed.'

Study Reveals High Lead Levels Near Battery Recycling Plants in Delhi-NCR

Study Reveals High Lead Levels Near Battery Recycling Plants in Delhi-NCR

Rediff.com8 Apr 2026

A new study by Toxics Link reveals widespread lead contamination in soil near battery recycling units across Delhi-NCR, Haryana, Rajasthan, and Uttar Pradesh, posing significant public health and environmental risks.

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com18 May 2026

'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'

'Very Bad For Global Economy If War Continues'

'Very Bad For Global Economy If War Continues'

Rediff.com28 Apr 2026

'Even if the war ends tomorrow, which is unlikely, and we go back to the pre-war status quo, the world will still need some time to get over the sudden shock of oil price increases.'

Tesla Stalls in India as BYD, VinFast Race Ahead

Tesla Stalls in India as BYD, VinFast Race Ahead

Rediff.com10 Apr 2026

Despite India's electric passenger vehicle market experiencing an 83.6% year-on-year surge in FY26, new foreign entrants VinFast and BYD have significantly outpaced Tesla, which struggles with high import duties, a limited retail footprint, and a lack of local manufacturing commitment.

Auto retail sales record best Feb ever; jump 26%

Auto retail sales record best Feb ever; jump 26%

Rediff.com6 Mar 2026

Domestic automobile retail sales in India experienced a significant surge of 26 per cent year-on-year in February, driven by improved affordability and market confidence across various segments, according to FADA.

Will Cheaper European Cars Hurt Indian Automakers?

Will Cheaper European Cars Hurt Indian Automakers?

Rediff.com16 Feb 2026

Speculation about rising competition from global majors has led to shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors taking a hit on the BSE.

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

Rediff.com30 Mar 2026

Vietnamese automobile major VinFast is rapidly expanding its retail network in India, aiming for 75 dealerships across 60 cities by the end of 2026, while also building a comprehensive EV ecosystem.

Govt Rejigs Gas Allocation: LPG, CNG, piped cooking gas get top priority

Govt Rejigs Gas Allocation: LPG, CNG, piped cooking gas get top priority

Rediff.com10 Mar 2026

The Indian government has revised its natural gas allocation priorities, placing LPG production alongside CNG and piped cooking gas at the top, due to disruptions in imported gas supplies caused by the conflict in West Asia.

PV sales growth may dip up to 5% in FY27: India Ratings

PV sales growth may dip up to 5% in FY27: India Ratings

Rediff.com6 Mar 2026

Passenger vehicle (PV) sales growth in India is expected to moderate to 3-5 per cent year-on-year (Y-o-Y) in financial year 2027 (FY27) due to a high base and preponed replacement demand, according to a report released by India Ratings and Research on Thursday.

India, EU FTA: Duty cuts on textiles, footwear, cars, wines likely

India, EU FTA: Duty cuts on textiles, footwear, cars, wines likely

Rediff.com26 Jan 2026

Import duty cuts on labour-intensive sectors such as textiles and footwear, as well as cars, and wines, are likely to be part of the free trade agreement between India and the 27-nation bloc European Union (EU), the conclusion of which is set to be announced on January 27 here, sources said.

Qatar halts LNG production amid Iran attack, supply to India disrupted

Qatar halts LNG production amid Iran attack, supply to India disrupted

Rediff.com4 Mar 2026

Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability for key domestic sectors.

Automobile dispatches rose 12% in 2024: SIAM

Automobile dispatches rose 12% in 2024: SIAM

Rediff.com14 Jan 2025

Automobile dispatches from companies to dealers rose 12 per cent last year compared to 2023 on the back of positive consumer sentiments which aided robust demand for two-wheelers, industry body SIAM said on Tuesday. Total wholesales across categories rose to 2,54,98,763 units in 2024 against 228,39,130 units in 2023, a growth of 11.6 per cent.

GST 2.0: 2W sales to grow 5-6%, passenger vehicles by 2-3% in FY26

GST 2.0: 2W sales to grow 5-6%, passenger vehicles by 2-3% in FY26

Rediff.com5 Sep 2025

Two-wheeler sales volume is expected to grow 5-6 per cent this fiscal, while that of passenger vehicles to see a 2-3 per cent rise, following the GST rates rationalisation on automobiles, according to Crisil Ratings. The GST Council's decision to move to a two-rate structure of 5 per cent and 18 per cent, effective September 22, 2025, is a timely move that will revive demand for automobiles, Crisil Ratings said in a statement.

Road ahead is slippery for the automobile industry, says Fitch

Road ahead is slippery for the automobile industry, says Fitch

Rediff.com18 Nov 2013

Demand for passenger vehicles, which has been on a downhill so far this year, will continue to remain sluggish through the first half of 2014 due to high interest rates which has weakened consumer sentiment, says a Fitch Ratings report.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com25 Feb 2026

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

Rare Earth Magnet Crunch Persists For Automakers

Rare Earth Magnet Crunch Persists For Automakers

Rediff.com11 Sep 2025

'Despite assurance from China, none of the companies have received supplies from Chinese sellers.'

2026 will see launch of over 25 new cars

2026 will see launch of over 25 new cars

Rediff.com15 Dec 2025

Starting January, the market is expected to welcome models like the Tata Punch 2025 which is expected to be around 6 lakh, Mahindra BE 07 EV around 29 lakh, Maruti WagonR Electric around 8.5 lakh, Toyota 3-Row SUV around 14 lakh, and Volkswagen Tera to be around 8 lakh.