Sector Automobiles & Auto Components - Latest news, views and updates

SECTOR | 11 Sep 2025, 08:39PM

SIAM Convention: Auto industry says sales momentum would continue even after festive period because of GST 2.0

Business Line

Companies including Maruti Suzuki India (MSIL) and Hyundai Motor India (HMIL) said they were hopeful that the growth moment would continue till next year, taking the industry growth to 7 per cent.

ICICI Direct released a Sector Update report for Automobiles & Auto Components on 05 Sep, 2025.

Automobiles & Auto Components

SECTOR | 11 Sep 2025, 02:47PM

Skoda to focus on India to drive growth, avoid over-reliance on Europe: CEO

Business Standard

Czech automaker Skoda Auto is gearing up to ride the 'growth train' in India, developing the country as a 'second pillar' to stand to avoid over-reliance on Europe in future, according to its CEO Klauss Zellmer. The company, which is driving the Volkswagen Group's business in India, is preparing for a "big game" in the battery electric vehicles segment in the country by fully localising the 'CMP21' platform that has been engineered and developed in China, besides looking to bring another small EV, Zellmer told PTI here. "Skoda, we're very strong in Europe. We're now number three in Europe. Our growth path is humbly impressive... We're making good money. We're a very profitable company. We're one of the most profitable volume car manufacturers in the world, but we depend very much on Europe, and to depend just on one region is not a good idea," he said when asked about the plans for the next phase of growth in India. Pointing out how other car companies have "found that out the hard

ICICI Direct released a Sector Update report for Automobiles & Auto Components on 05 Sep, 2025.

Automobiles & Auto Components

SECTOR | 11 Sep 2025, 06:45AM

'China Inside': How Chinese EV tech is reshaping global auto design

Economic Times

Global auto brands are now looking at Chinese technology for electric vehicles. Audi already built an EV using Chinese tech. Toyota and Volkswagen also have similar plans. Renault and Ford may develop global models using Chinese platforms. Chinese firms get revenue and global firms get technology. This helps them launch EVs faster amid a price war.

ICICI Direct released a Sector Update report for Automobiles & Auto Components on 05 Sep, 2025.

Automobiles & Auto Components

SECTOR | 10 Sep 2025, 11:44AM

Volkswagen India to cut prices by up to 3.27 lakh to pass full benefit of GST rate reduction

Business Line

The new pricing will be effective from September 22, 2025, the company said in a statement

ICICI Direct released a Sector Update report for Automobiles & Auto Components on 05 Sep, 2025.

Automobiles & Auto Components

SECTOR | 09 Sep 2025

JLR Follows BMW, Audi To Pass GST Cut Benefit To Customers

NDTV Profit

Customers will see price benefits in the range of Rs 4.5 lakh to Rs 30.4 lakh across the entire portfolio of Range Rover, Defender, and Discovery brands.

ICICI Direct released a Sector Update report for Automobiles & Auto Components on 05 Sep, 2025.

Automobiles & Auto Components

SECTOR | 08 Sep 2025

BMW, Mercedes, Volkswagen vie with BYD-led China rivals at Munich show

Business Standard

The stakes are high. German automakers are grappling with US tariffs, muted sales in Europe and eroding market share in China

ICICI Direct released a Sector Update report for Automobiles & Auto Components on 05 Sep, 2025.

Volkswagen in advanced talks with US on investment deal amid tariff woes

Business Standard | 08 Sep 2025

Automobiles & Auto Components

SECTOR | 08 Sep 2025

Nissan Motor cuts Magnite prices by up to 1 lakh to pass on GST benefits

Business Line

The revised pricing will be effective on all deliveries made on or after September 22, 2025, coinciding with the first day of Navratri, the automaker said in a statement

ICICI Direct released a Sector Update report for Automobiles & Auto Components on 05 Sep, 2025.

Nissan Passes GST Benefits To Customers, Prices Drop Up To Rs 1 Lakh

NDTV Profit | 08 Sep 2025 3 more

Automobiles & Auto Components

SECTOR | 08 Sep 2025

Mercedes-Benz launches electric version of top SUV to boost luxury push

Business Standard

Unveiled at the Munich auto show on Sunday, the GLC sport utility vehicle competes with BMW AG's iX3 and Tesla Inc.'s Model Y

ICICI Direct released a Sector Update report for Automobiles & Auto Components on 05 Sep, 2025.

Volkswagen unveils compact electric SUV ahead of Munich automobile show

Business Standard | 07 Sep 2025

Automobiles & Auto Components

SECTOR | 08 Sep 2025

Mercedes electrifies Top-Selling SUV to bolster luxury push

Business Line

The SUV boasts the company's largest-ever display a 99.3-centimeter (39.1-inch) version of its MBUX Hyperscreen and comes with customizable ambient lighting and a panoramic roof

ICICI Direct released a Sector Update report for Automobiles & Auto Components on 05 Sep, 2025.

Automobiles & Auto Components

SECTOR | 05 Sep 2025

Qualcomm, BMW announce automated driving system for hands-free driving

Business Standard

The Snapdragon Ride Pilot driver-assistance system will debut in BMW's electric iX3 and offers hands-free highway driving, automatic lane changes and parking assistance, the companies said

ICICI Direct released a Sector Update report for Automobiles & Auto Components on 05 Sep, 2025.

BMW Starts Cashing In On Over 10-Billion Investment In New EVs

NDTV Profit | 05 Sep 2025