Japanese cars could end up being sold at lower prices than South Korean cars such as Hyundai Motor Co. in the American market when U.S. tariffs on Japanese automobiles drop from 27.5 percent to 15 percent on Tuesday.
The shift towards green fuels and sustainable mobility is shaping the future of India's auto industry, Hyundai Motor India's Managing Director Unsoo Kim said on Thursday.
Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that the automobile retail sector serves as the critical interface between consumers and the industry, playing a vital role in ethical marketing, transparent financing and insurance, and seamless registration processes
The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.
Maruti Suzuki is set to export its upcoming electric SUV, the e-Vitara, to more than 100 countries from its Gujarat plant, marking a major milestone for India's auto industry and the company's global strategy.
"In the coming time, our focus will be on futuristic industries. In the semiconductor sector, India is taking off... The Indian government is also aware of the shortage of rare earth magnets for the auto industry. To increase the capacity of the industry in this direction, we have also launc
The Indian auto industry is expected to experience subdued growth in FY26, with most segments anticipating low to mid-single-digit growth, as revealed in a recent report by Motilal Oswal.
India's automobile industry, the world's third largest, could reduce its manufacturing emissions by up to 87 per cent by 2050 through a transition to green electricity and low-carbon steel, noted a report released on Tuesday by the Council on Energy, Environment and Water (CEEW).
The domestic automobile industry is expected to continue witnessing strong export growth across two-wheelers (2W), commercial vehicles (CV), and passenger vehicles (PV), while domestic sales are likely to remain show a mixed bag, according to a report by Axis Securities.
The report warns that automakers and suppliers must change how they work together to meet the challenges of the coming decade, especially with the shift to electric vehicles (EVs).
Electric vehicles (EVs), along with hybrid passenger vehicles and electric two-wheelers, are likely to face the most impact from China's recent restrictions on rare earth materials (REMs), according to a report by Nuvama.