AUTO Hyundai Motor India PAT Drops 35% On Production Issues, West Asia War

Hyundai Motor India Ltd (HMIL) reported a 35% decline in consolidated profit after tax (PAT) for the first quarter of FY27, with a fire at a key supplier’s manufacturing facility near its Chennai plant and geopolitical disruptions in West Asia impacting both domestic production and exports. The company posted a consolidated PAT of ₹888 crore […]

CW Bureau · Jul 30, 2026

AUTO Maruti Suzuki Hits Global Milestone With 1-Million-Unit Gujarat Factory

Maruti Suzuki India Ltd has crossed a historic manufacturing milestone by commencing commercial production at the fourth plant of its Hansalpur facility in Gujarat, taking the complex’s annual production capacity to 1 million passenger vehicles—the first time any Suzuki manufacturing site worldwide has achieved the feat. The expansion also makes Hansalpur India’s largest passenger vehicle […]

CW Bureau · Jul 30, 2026

AUTO Eicher Motors Approves ₹1,225-Cr Investment For Tada Plant Phase-I

Eicher Motors Ltd has approved an investment of ₹1,225 crore for Phase I of its proposed greenfield manufacturing facility at Tada in Andhra Pradesh, as it prepares to expand Royal Enfield’s production capacity to meet future demand. The Phase I investment, to be funded through internal accruals, will create an additional annual production capacity of […]

CW Bureau · Jul 29, 2026

AUTO AI, Data Resilience Emerge As Growth Drivers For Global Auto Industry

Artificial intelligence (AI), data resilience and digital transformation are becoming the defining competitive differentiators for the global automotive industry as companies race to adapt to software-defined mobility and rapidly evolving technologies, according to the KPMG Global Tech Report 2026: Automotive. The report, based on responses from 258 technology leaders across 22 countries and territories, suggests […]

CW Bureau · Jul 29, 2026

AUTO MINI Eyes Lifestyle Buyers With ₹62.9 lakh Convertible Stardust Edition

BMW Group India has launched the MINI Convertible Stardust Edition in India at an ex-showroom price of ₹62.90 lakh, expanding its portfolio of premium lifestyle vehicles in the country. The limited-edition model will be imported as a completely built-up unit (CBU), with bookings open exclusively through the MINI India website. Deliveries will begin immediately. The […]

CW Bureau · Jul 29, 2026

AUTO SML Mahindra Approves ₹525-Cr Buy Of Mahindra Truck & Bus Division

SML Mahindra Ltd has approved the acquisition of Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra Ltd on a slump sale basis for ₹525 crore. The transaction, expected to be completed during FY27, is aimed at creating a unified commercial vehicle business with a presence across light, intermediate and heavy commercial vehicles, as […]

CW Bureau · Jul 29, 2026

AUTO Minda Corporation Bets On Exports, Premiumisation To Boost Expansion

Auto components major Minda Corporation Ltd, a flagship company of  Spark Minda Group, has outlined an ambitious Vision 2030 strategy centred on exports, product premiumisation, technology leadership and new growth segments as it seeks to strengthen its position as a global mobility systems supplier. In his message to shareholders in the company’s Annual Report 2026, […]

CW Bureau · Jul 29, 2026

AUTO Why Toyota Is Betting On Premium Lifestyle Pickup With New Hilux

Toyota Kirloskar Motor’s decision to launch the refreshed Hilux is less about introducing another pickup truck and more about capturing India’s fast-growing premium lifestyle vehicle market, where utility is increasingly merging with aspiration. Unlike conventional commercial pickups, the Hilux has always occupied a niche space in India. Globally known for its durability, the model has […]

Sajan C Kumar · Jul 29, 2026

AUTO Avore Electric Enters E-Motorcycle Market, EX Priced From ₹1.25 Lakh

Avore Electric, the technology-first electric motorcycle brand from Samarth E-Mobility, has entered India’s electric two-wheeler market with the launch of its first electric motorcycle range, the Avore Electric EX. The motorcycles were unveiled by Gujarat Chief Minister Bhupendra Patel. The EX series is available in three variants, EX 2S, EX 2 and EX 1, with […]

CW Bureau · Jul 28, 2026

AUTO Ashok Leyland Partners UCO Bank To Boost Commercial Vehicle Financing

Commercial vehicle maker Ashok Leyland has entered into a strategic partnership with UCO Bank to offer customised vehicle financing solutions for its truck and bus customers, a move aimed at improving access to credit and supporting business expansion across India. The Hinduja Group flagship signed a memorandum of understanding (MoU) with the public sector lender […]

CW Bureau · Jul 28, 2026

AUTO Wheels India Q1 Net Profit Rises 42% To ₹37 Cr, Revenue Hits ₹1,386 Cr

Auto components manufacturer Wheels India Ltd reported a strong performance for the first quarter of FY2026-27, with net profit rising 42% year-on-year on the back of healthy growth in domestic demand and exports, despite facing inflationary pressures on raw material costs. The Chennai-based company posted a net profit of ₹37 crore for the quarter ended […]

CW Bureau · Jul 28, 2026

AUTO Sundaram-Clayton Q1 Revenue Up 19%, Profit Flat On High Input Costs

Auto components manufacturer Sundaram-Clayton Ltd (SCL) reported a marginal increase in standalone net profit for the first quarter of FY2026-27, as higher raw material, energy and logistics costs offset the benefits of robust revenue growth. The Chennai-based manufacturer of engineered aluminium die-cast components for the automotive sector posted a standalone net profit of ₹17.04 crore […]

CW Bureau · Jul 28, 2026