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

SECTOR | 27 Sep 2025

BMW accident case: Accused driver gets bail, told to submit passport

Business Standard

A court here on Saturday granted bail to Gaganpreet Kaur, the key accused in the BMW accident case. Kaur, 38, is accused of being behind the wheel of the BMW car that rammed into a two-wheeler being ridden by Navjot Singh, a senior finance ministry official, and his wife. The 52-year-old government employee died, while his wife was grievously injured in the incident. Judicial Magistrate Ankit Garg directed that Kaur be released on a personal bond of Rs 1 lakh along with two sureties of the same amount. He also ordered Kaur to surrender her passport as part of the bail condition. A detailed order in the matter is awaited. Before pronouncing the order, the court noted that an ambulance reached the incident spot but remained there for around 30 seconds instead of rushing the injured to the nearest hospital. Navjot Singh succumbed to his injuries, which he sustained on Ring Road near the Delhi Cantonment Metro station on September 14. He was a deputy secretary in the Department of

Axis Direct released a Sector Update report for Automobiles & Auto Components on 06 Oct, 2025.

Automobiles & Auto Components

SECTOR | 26 Sep 2025

BMW Recalls Over 3.3 Lakh Cars After Finding Engine Fire Risk

NDTV Profit

BMW will need to repair 195,000 vehicles in the US and a further 136,000 in Germany.

Axis Direct released a Sector Update report for Automobiles & Auto Components on 06 Oct, 2025.

Automobiles & Auto Components

SECTOR | 26 Sep 2025

Volkswagen plans India restructuring amid tax row and EV ambitions

Business Standard

In an internal memo, Volkswagen India chief said the group is committed to India, with plans to invest in new technologies and manufacturing despite shifting markets and rising competition

Axis Direct released a Sector Update report for Automobiles & Auto Components on 06 Oct, 2025.

With $57 bn valuation, Maruti becomes 8th most valuable carmaker globally

Business Standard | 26 Sep 2025

Automobiles & Auto Components

SECTOR | 26 Sep 2025

Toyota welcomes revised CAFE norms as balanced, supporting green tech

Business Standard

Toyota Kirloskar Motor hailed revised CAFE norms as balanced, saying they support all green pathways including ethanol, flex-fuel, hybrids and EVs while boosting farmer incomes

Axis Direct released a Sector Update report for Automobiles & Auto Components on 06 Oct, 2025.

Automobiles & Auto Components

SECTOR | 25 Sep 2025

Made-in-India Lamborghini golf carts to soon run in US golf courses

Business Line

A joint venture between India's Kinetic Green and Italy's Tonino Lamborghini is manufacturing the golf carts at Pune

Axis Direct released a Sector Update report for Automobiles & Auto Components on 06 Oct, 2025.

Automobiles & Auto Components

SECTOR | 22 Sep 2025

Renault launches Kwid's 10th anniversary limited edition; refreshes variant lineup

Business Line

Renault India has new variant nomenclature for KWID which are - Evolution (Earlier RXL), Techno (Earlier RXT), and Climber variants

Axis Direct released a Sector Update report for Automobiles & Auto Components on 06 Oct, 2025.

Automobiles & Auto Components

SECTOR | 22 Sep 2025

Lamborghini Loses Control, Crashes Into Divider On Mumbai's Coastal RoadWatch Video

NDTV Profit

A speeding Lamborghini rammed into a divider on Mumbai's Coastal Road, sparking discussions about driver responsibility, road conditions and luxury car safety.

Axis Direct released a Sector Update report for Automobiles & Auto Components on 06 Oct, 2025.

Automobiles & Auto Components

SECTOR | 22 Sep 2025

Nissan revamps ProPilot system to rival Tesla driver-assist technology

Business Standard

The Japanese automaker says the most advanced iteration of its driver-assist technology will be on par with Tesla Inc.'s Full Self-Driving

Axis Direct released a Sector Update report for Automobiles & Auto Components on 06 Oct, 2025.

Automobiles & Auto Components

SECTOR | 22 Sep 2025

BMW Ventures IPO Price Band Set at Rs 94 To Rs 99

NDTV Profit

BMW Ventures: The Bihar-based company's IPO will comprise only a fresh issue of 2.34 crore equity shares, with no offer for sale component.

Axis Direct released a Sector Update report for Automobiles & Auto Components on 06 Oct, 2025.

Automobiles & Auto Components

SECTOR | 18 Sep 2025

Delhi govt working on formulating model EV policy, says CM Gupta

Business Standard

Delhi Chief Minister Rekha Gupta announced on Thursday that the government is working on a new model Electric Vehicle (EV) Policy and affirmed that all public transport vehicles will be electric by the end of 2026. Speaking at an event organised by The Society of Indian Automobile Manufacturers (SIAM), Gupta emphasised that drivers are responsible for accidents. "Accidents happen every minute, every hour. Vehicles are not to blame; it is the drivers. We need to change the Indian mindset. Many take pride in not wearing seat belts. There must be stricter enforcement of traffic rules. If you fear breaking traffic laws abroad, you should not be allowed to break them here," she stated. Gupta urged people to adhere to traffic rules "not for the sake of the government, but for their own safety." She acknowledged the persistent legacy issues in Delhi, such as garbage mountains, traffic congestion, and pollution, and assured that the government is addressing these problems. "We can give yo

Axis Direct released a Sector Update report for Automobiles & Auto Components on 06 Oct, 2025.