Automobile Industry News - Latest Updates & Headlines
Hyundai Motor India to hike car prices by up to 3 pc from April
New Delhi, March 19: Joining the league of other automakers, Hyundai Motor India on Wednesday announced a price hike of up to 3 per cent on its cars, effective from next month.
Tata Motors to hike commercial vehicle prices by up to 2% from April 2025
Mumbai, March 17: Tata Motors, India's largest commercial vehicle manufacturer, has announced a price increase of up to 2 per cent across its commercial vehicle lineup, effective April 1, 2025.
Takashi Nakajima will be Honda Cars India new President and CEO from April 1
New Delhi, March 10: Honda Motor Co Ltd. has announced the appointment of Takashi Nakajima as the new President and CEO of Honda Cars India Ltd. (HCIL). He will assume office on April 1, 2025, following the company's annual management changes.
Maruti Suzuki registers 16 per cent jump in Q3 net profit at Rs 3,727 crore
New Delhi, Jan 29: Leading car manufacturer Maruti Suzuki India Ltd on Wednesday reported a 16 per cent increase in net profit to Rs 3,727 crore for the October-December quarter of the current financial year, compared to the corresponding figure of Rs 3,206.8 crore in the same quarter last year.
India's automobile sales surge 11.6 pc to record 2.5 crore units in 2024
New Delhi, Jan 14: India’s automobile sales surged by a robust 11.6 per cent in 2024 to scale the highest-ever mark of 2.5 crore units compared to the corresponding figure of 2.3 crore units in the previous year, according to wholesale data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.
Auto sector gloom may continue in 3Q FY25, slowest growth of 11 quarters projected: Report
New Delhi, January 8: The auto sector's earnings growth in the third quarter of FY25 is projected to rise by only 3 per cent year-on-year (YoY), marking the slowest pace in the last 11 quarters, according to a report by Motilal Oswal Financial Services.