AUTO Wheels India Eyes ₹300 Cr Capex In FY27, Targets Double-Digit Growth

Wheels India plans to invest between ₹280 crore and ₹300 crore in capital expenditure during FY27 as the company sharpens focus on exports, windmill components, aluminium wheels and hydraulic cylinder businesses, Chairman and Managing Director Srivats Ram said during the company’s earnings call. The company had spent around ₹261 crore on capex in the previous […]

Sajan C Kumar · May 22, 2026

AUTO Eicher Motors Bolsters Volvo Alliance With New ₹750-Cr Vehicle Finance JV

Eicher Motors is entering the financial services business through a new 50:50 joint venture with Volvo Group, expanding their long-standing partnership beyond commercial vehicle manufacturing into financing and leasing solutions. The proposed joint venture will focus on vehicle financing, leasing and related financial services for products sold by Volvo Group, Eicher Motors and Royal Enfield […]

CW Bureau · May 21, 2026

AUTO Mercedes-Benz Turns Up The Dark Luxury With GLE, GLS Night Editions

Mercedes-Benz has launched the limited-series GLE and GLS Night Editions in India, sharpening its focus on exclusivity and personalisation as demand for high-end luxury SUVs continues to grow in the country. The new Night Editions are based on Mercedes-Benz’s highest-selling luxury SUV range and are part of a global limited-run programme. The company said the […]

CW Bureau · May 21, 2026

AUTO How TSF-Bosch JV Could Reshape India’s CV Technology Ecosystem

The newly announced joint venture between Bosch Ltd and TSF Group companies Brakes India and Wheels India  could mark a significant shift in how India’s commercial vehicle industry approaches braking, suspension and motion management systems in the coming years. While the announcement focuses on air systems for commercial vehicles, the larger significance lies in the […]

Sajan C Kumar · May 21, 2026

AUTO Musashi India Signs Pact With Kinetic Green For EV Powertrain Supply

Musashi India Pvt Ltd, an automotive components and EV systems manufacturer and subsidiary of Japan’s Musashi Seimitsu Industry Co Ltd, has entered into a Letter of Intent with Kinetic Green Energy and Power Solutions Ltd to supply integrated electric powertrain systems for the latter’s upcoming electric two-wheeler platform. Under the agreement, Musashi India will supply […]

CW Bureau · May 21, 2026

AUTO Ola Electric Targets 15-20% Market Share Recovery In Next Six Months

Ola Electric said it is aiming to rebuild its national market share to 15-20% over the next six months, supported by improved service stability, stronger sales execution, higher store productivity and the ramp-up of its Roadster electric motorcycle portfolio. In its shareholder letter, the company said the recovery momentum is broad-based across regions, with Northern […]

Sajan C Kumar · May 21, 2026

AUTO Bosch, TSF Companies Form JV For Commercial Vehicle Air Systems

Bosch Ltd, a leading supplier of technology and services,  has entered into an agreement with Wheels India and Brakes India, part of the TSF Group, to form a joint venture focused on the commercial vehicle air systems segment. The proposed joint venture will develop and manufacture solutions for commercial vehicle air systems and may also […]

CW Bureau · May 20, 2026

AUTO Kia India Signs Three-Year Pact With Tennis Premier League As Sponsor

Car major Kia India has signed a three-year partnership with the Tennis Premier League (TPL), coming on board as the exclusive sponsor for the league in a move aimed at strengthening the reach and popularity of tennis in India. The multi-year association brings together Kia India’s long-standing global association with tennis and TPL’s expanding ecosystem […]

CW Bureau · May 20, 2026

AUTO Ola Electric Pares Q4 Loss 43%, FY26 Loss Narrows 19% Amid Cost Reset

Ola Electric reported a sharp narrowing of losses in both the fourth quarter and the full year of FY26, as the electric two-wheeler maker cited improvements in gross margins, lower operating expenses, stabilising service operations and an early recovery in sales momentum. The company posted a consolidated net loss of ₹500 crore in Q4 FY26, […]

CW Bureau · May 20, 2026

AUTO Olectra Sees Private EV Push As Key To India’s Next Mobility Growth Phase

Olectra Greentech Ltd, a leading electric bus manufacturer, said the proposed $1-billion government support for private electric buses and trucks could accelerate the next phase of India’s electric mobility transition by expanding adoption beyond State transport undertakings (STUs) and government-led demand. Olectra Greentech Managing Director Mahesh Babu said in a social media post that the […]

CW Bureau · May 20, 2026

AUTO Toyota Clocks 3 Lakh Hybrid Vehicle Sales In India, Boosts Green Mobility

Toyota Kirloskar Motor has achieved a major milestone in its electrification journey with cumulative sales of 3 lakh hybrid vehicles in India, underlining the growing acceptance of hybrid mobility solutions among Indian consumers. The milestone highlights increasing customer preference for self-charging hybrid electric vehicle (SHEV) technology, driven by factors such as higher fuel efficiency, lower […]

CW Bureau · May 20, 2026

AUTO Inside TVS Motor’s Next Move: Bigger Factories, R&D Boost And More EVs

TVS Motor Company is preparing for what could become one of its most aggressive expansion phases in recent years, with the company earmarking around ₹3,500 crore in capital expenditure for FY27. The proposed investment is not merely about adding production lines. It reflects a broader strategy focused on expanding manufacturing capacity, accelerating electric vehicle growth, […]

CW Bureau · May 19, 2026