Auto News
US tariffs not to have any material impact on India's passenger vehicle exports: ICRA
The recent US tariff measures on passenger vehicle exports from India will have minimal impact due to low export volumes, according to ICRA. However, increased tariffs on auto components, including aluminium and steel parts, could negatively affect revenues and earnings for Indian exporters in the US in the coming months.
Auto industry unlikely to face Trump tariff's heat due to minimal exports
The recent tariff war is expected to have minimal impact on the Indian automobile industry due to limited exports to the US. Automobiles are exempt from new tariffs, while the ongoing US-India trade talks aim for a balanced resolution benefiting both economies. JLR's profitability may be affected.
Accelerating EV adoption key to improving air quality
Rapid electrification of our vehicle fleet presents a viable solution. Electric vehicles, powered by batteries rather than fossil fuels, promise a dramatic reduction in air pollution. Transitioning to EVs not only conserves precious foreign exchange by minimising crude oil imports but also removes tailpipe emissions, leading to cleaner air.
Don't see any significant impact on Indian auto industry by US reciprocal tariff: SIAM
The Indian automobile industry does not anticipate a significant impact from US President Trump's recent reciprocal tariff announcement, as autos are not included in the tariff order. Limited exports to the US contribute to the negligible effect, with prior tariffs already in place from March 2025.
BMW, Mercedes-Benz call for free trade based on low tariffs, reduced trade barriers
BMW and Mercedes-Benz in India call for more free trade agreements, highlighting that low tariffs and reduced trade barriers would benefit all. This follows the US imposing 27% reciprocal tariffs on India, citing high import duties on American goods. Cooperation among larger economies is essential to foster economic growth and innovation, they assert.
Bajaj Auto sales rise 1 pc in March
Bajaj Auto reported a 1% growth in total vehicle sales in March, reaching 3,69,823 units. Domestic sales remained steady while exports increased by 2%. For FY25, the company's sales rose by 7% to 46,50,966 units, with significant growth in both domestic and export markets.
Liberation Day: Auto parts tariff list awaited
Indian auto parts makers are awaiting the detailed list of components subject to a 25% import tariff announced by US President Trump in March 2025. Although excluded from the initial list, the industry remains hopeful that ongoing bilateral negotiations will result in a mutually beneficial resolution.
Maruti Suzuki WagonR tops passenger vehicle sales for 4 years in a row
Maruti Suzuki WagonR secured the title of India's highest selling car for the fourth consecutive year with 1,98,451 units sold in FY25. Continually evolving to meet customer needs, WagonR offers advanced engine options, manual and automatic transmissions, and top-selling CNG variants. Its safety features and customer loyalty significantly contribute to its sustained popularity.
Maruti Suzuki hikes car prices by up to Rs 62,000 with effect from April 8
Maruti Suzuki, India’s largest carmaker, will increase prices across its vehicle range by up to Rs 62,000 starting April 8, 2025. This decision, aimed at offsetting rising input costs and operational expenses, will see different models with varied price hikes. The company emphasizes its efforts to optimize costs but needs to pass on some of the increased expenses to customers.
Maruti Suzuki cars to get costlier from April 8, Grand Vitara to cost up to Rs 62,000 more
Maruti Suzuki, India’s largest carmaker, has announced a price hike across models effective April 8 due to rising input costs, operational expenses, and feature additions. The hike impacts models like the Grand Vitara the most, with increases up to Rs 62,000, followed by other models such as the Wagon-R and Ertiga.
Trump tariffs threaten India’s slowdown-hit auto parts makers
Indian auto parts makers face sales losses in their top overseas market due to looming US tariffs on car parts. The 25% import duty on components like engines and transmissions will significantly impact manufacturers and trigger discussions on cost-bearing. US carmakers are lobbying to mitigate the effects.
Maruti Suzuki models top the charts, again
Maruti Suzuki India retained its market dominance with the Wagon R, Brezza, and Ertiga models maintaining top five positions in FY25. Despite a slight decline in Wagon R sales, it remains India's best-selling car for the fourth consecutive year. Brezza and Ertiga saw substantial growth, reflecting changing consumer preferences towards SUVs and MPVs.
India's car exports hit record in FY25, Maruti leads the way
India's auto industry saw record exports of passenger vehicles in FY25, with Maruti Suzuki leading with 332,585 units. Hyundai followed closely, while other top exporters included Nissan, Honda Cars India, and Volkswagen. Maruti and Hyundai aim to significantly increase exports by 2030, aligning with government goals to boost global automotive trade.
Passenger vehicle sales hit record in FY25 despite demand slowdown
Domestic passenger vehicle wholesales saw minimal growth in FY25, with deferred purchases due to economic uncertainties and inflation. Sport-utility vehicles hit record sales, while electric vehicles had modest growth. Major carmakers experienced varied sales, with Maruti Suzuki and Hyundai seeing slight declines, while Mahindra & Mahindra and Kia India reported increases.
Hyundai sales up 3% in March at 67,320 units
Hyundai Motor India reported a 3% increase in total sales for March 2025, with exports rising significantly. Although domestic dispatches slightly decreased, the company remains the second-largest passenger vehicle OEM in India. The launch of new models like the Hyundai Creta Electric and the new Hyundai Alcazar strengthened their versatile SUV lineup.
Tata Motors posts flat domestic sales growth at 90,500 units in March
Tata Motors' domestic sales were flat at 90,500 units in March, with passenger vehicle sales rising 3% to 51,872 units. Commercial vehicle sales fell 3% to 41,122 units. For FY25, total sales declined 4%.
