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

SECTOR | 10 Feb 2025

Honda, Nissan results likely to highlight flaws as deal set to fail

Business Standard

A deal would have created one of the world's biggest carmakers, giving the combined company the scale it needs to compete with EV makers

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

Automobiles & Auto Components

SECTOR | 09 Feb 2025

Electric vehicles may be about 20% of Honda's wo-wheeler sales by 2030

Business Standard

HMSI launched swappable battery-run Activa E and fixed battery-run QC1 in November. It is starting deliveries of these two products from this month itself

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

Automobiles & Auto Components

SECTOR | 09 Feb 2025

Art and BMW from rolling sculptures to cultural partnerships

Business Line

How luxury car maker BMW's partnership with the India Art Fair is part of its global corporate citizenship endeavours

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

Automobiles & Auto Components

SECTOR | 08 Feb 2025

US Steel will get investment from Nippon, instead of being bought: Trump

Business Standard

President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, but the Japanese company would instead invest in the symbolically important American business. The U.S. president mistakenly referred to Nippon Steel as Nissan, the Japanese automaker. But it's Nippon Steel's bid that generated controversy as both Trump and his predecessor in the White House, Joe Biden, vowed to block the merger. Nippon Steel is going to be doing something very exciting about U.S. Steel, Trump said at a news conference with Japanese Prime Minister Shigeru Ishiba. They'll be looking at an investment rather than a purchase. It was unclear what the details of the investment would be, but Trump said he would meet with the head of Nippon Steel next week and he would be involved to mediate and arbitrate. Ishiba described the investment as mutually beneficial and said Japanese technology would be provided to U.S. Steel mills. Nippon Steel in December 2023 made what was

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

Automobiles & Auto Components

SECTOR | 07 Feb 2025

Eyes on the road: How Santosh Iyer is shaping Mercedes-Benz India's path

Business Standard

For Santosh Iyer, the drive is as much about the journey as it is about the destination - whether on the road or steering Mercedes-Benz India into the future

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

Automobiles & Auto Components

SECTOR | 07 Feb 2025

Volkswagen, Kia under scanner for mis-declaration

Business Line

Sources said that the trigger came from the Directorate of Revenue Intelligence, and the Customs issued a show cause notice to Kia, which has a plant at Ananthapur in Karnataka

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

Automobiles & Auto Components

SECTOR | 06 Feb 2025

Honda Cars achieves E20 petrol compliance certification for all models

Business Standard

Honda Cars India on Thursday said it has achieved E20 petrol compliance certification for all the models it sells in the country. The company has achieved compliance for the Elevate, City e:HEV, City, and Amaze models. The achievement highlights Honda's commitment to sustainable mobility and supporting India's transition to greener and cleaner transportation, the automaker said in a statement. The company has embraced E20 petrol since 2009, and all Honda cars manufactured in India from January 1, 2009, are compatible with E20 materials, the company stated. Customers can freely use the E20 petrol in their existing Honda cars without durability concerns or the need to change any part in the car, the automaker said. "The latest compliance certification for all our current models ahead of the pan India E20 fuel introduction aligns with the Government of India's goal to implement greener fuels," Honda Cars India Vice President (Marketing & Sales) Kunal Behl said. The Government of...

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

Automobiles & Auto Components

SECTOR | 06 Feb 2025

India Car Sales Surge Over 15% In January 2025 Due To Spillover Effect

NDTV Profit

As many as 4,65,920 cars were registered last month, as against 2,93,465 units in the year-ago perioda 15.53% year-on-year rise.

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

Automobiles & Auto Components

SECTOR | 06 Feb 2025

Nissan Motor seeking new partners as deal with Honda set to collapse

Business Standard

The Japanese carmaker is looking for a partner that would ideally be from the technology sector and US-based

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

Nissan to step back from Honda merger after board votes against $58 billion tie-up: Report

livemint | 05 Feb 2025 5 more

Automobiles & Auto Components

SECTOR | 05 Feb 2025

Bombay HC to hear Volkswagen's plea against $1.4 bn tax notice on Feb 17

Business Standard

The Bombay High Court on Wednesday said it would hear on February 17 a plea filed by Skoda Auto Volkswagen India challenging the tax demand of USD 1.4 billion by Indian customs authorities. The Volkswagen group, currently led in the country by Skoda Auto Volkswagen India, has been accused of deliberately misleading customs authorities through its mode of import of parts as individual units rather than as a component of a 'completely knocked down' (CKD) unit, which attracts higher import duty. The automobile company last month filed a petition in the HC, challenging a show-cause notice issued by the authorities in September 2024 under the Customs Act. On Wednesday, the company's counsels mentioned the plea before a division bench of Justices B P Colabawalla and Firdosh Pooniwalla, seeking urgent hearing. The high court agreed to hear the plea on February 17. The notice alleged that the company misclassified its imports of Audi, Skoda and Volkswagen cars as "individual parts" instea

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