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

SECTOR | 05 Feb 2025

Is Ford reconsidering its India re-entry? Decision delayed till late summer

Business Standard

Several factors are behind Ford's hesitation. The current political climate in the US prioritises domestic manufacturing, potentially making foreign investments less attractive

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

Automobiles & Auto Components

SECTOR | 04 Feb 2025

Auto Monthly Sales Volume - January 2025

Automobiles & Auto Components

Axis Direct

We prefer TVS Motors Hero Motocorp in the 2Ws; M&M (non-coverage) as a play in the PV/LCV/tractor segment, followed by Maruti in PVs; we also monitor Ashok Leyland, Eicher (VECV) in the CV space for potential spurt in volumes.

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

Automobiles & Auto Components

SECTOR | 03 Feb 2025

Volkswagen sues Indian authorities on $1.4-billion tax demand

Business Line

Skoda Auto Volkswagen India, in its filing at the Mumbai High Court, says tax demand is detrimental to the foreign investment climate, per a media report

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

Volkswagen India Says Exploring All Legal Options In Import Tax Dispute Case

NDTV Profit | 03 Feb 2025

Automobiles & Auto Components

SECTOR | 03 Feb 2025

Nissan Motor India to export 10,000 LHD units of New Magnite by Feb-end

Business Standard

The company flagged off the first shipment of close to 2,900 units of the New Nissan Magnite in late January to select markets in the Latin American (LATAM) region

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

Nissan begins export of Chennai-built Magnite SUVs

Business Line | 03 Feb 2025 1 more

Automobiles & Auto Components

SECTOR | 02 Feb 2025

Volkswagen sues India to quash 'enormous' $1.4 billion tax demand

Business Standard

Volkswagen's unit, Skoda Auto Volkswagen India, also told the High Court in Mumbai tax dispute puts at risk its investments of $1.5 billion in India, and is detrimental to foreign investment climate

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

Automobiles & Auto Components

SECTOR | 01 Feb 2025

Toyota Motor's vehicle sales increase 19% to 29,371 units in January

Business Standard

Toyota Kirloskar Motor on Saturday said its sales increased by 19 per cent year-on-year to 29,371 units in January. The company had dispatched 24,609 units in the same month last year. The company sold 26,178 units in the domestic market and exported 3,193 units last month. The continued momentum underscores the company's sharp focus on customer centricity, enhancing customer access across the country and increased emphasis on innovative value-added solutions, Toyota Kirloskar Motor (TKM) said in a statement. "In 2025, our efforts are to further strengthen the company's foothold in India. We will continue to optimise customer centricity through value-added services and seamless after-sales support, all aimed at creating delightful experiences," TKM Vice President Sales-Service-Used Car Business & Profit Enhancement Varinder Wadhwa said. The automaker's product strategy will be driven by the deep philosophy of a multiple pathway approach that strives to offer something to everyone

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

Automobiles & Auto Components

SECTOR | 01 Feb 2025

Ahead of the game

Business Line

BMW's new iX1 Long Wheelbase all-electric SUV is one definitive way to win new customers

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

Automobiles & Auto Components

SECTOR | 31 Jan 2025

From avocados to autos, US tariffs on Canada, Mexico could drive inflation

Business Standard

The 25 per cent tax that President Donald Trump plans to slap on imports from Canada and Mexico as soon as Saturday could drive up the price of everything from gasoline and pickup trucks, to Super Bowl party guacamole dip. The tariffs would also invite retaliation. Doug Ford, the premier of Ontario, has already vowed to counterpunch by pulling American alcohol off store shelves in the Canadian province no idle threat; Canada is the world's No. 2 market for America's distilled spirits (behind the 27-nation European Union). Trump's tariffs threaten to blow up the trade agreement he himself negotiated with America's neighbours in his first term. His US-Mexico-Canada Agreement the fairest, most balanced, and beneficial trade agreement we have ever signed into law", Trump once declared -- was supposed to bring predictability to North American trade, giving businesses the confidence to make investments. But when it comes to the self-proclaimed Tariff Man", Trump and his passion for...

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

Automobiles & Auto Components

SECTOR | 31 Jan 2025

Announcement of direction of possible merger with Honda by mid-Feb: Nissan

Business Standard

The two Japanese automakers have been in talks to explore a merger by 2026, in a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers are posing

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

Automobiles & Auto Components

SECTOR | 30 Jan 2025

Maruti Suzuki's Plan To Become India's No.1 Electric Car Maker Hinges On Exports

NDTV Profit

Maruti Suzuki is the only Suzuki Motor subsidiary that will make the eVitara for the world. The plan includes exports to more than 100 countries and sales to Toyota.

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

Honda, Nissan Sales Slid in 2024, Bolstering Case for Tie-Up

livemint | 30 Jan 2025 2 more