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

SECTOR | 28 Apr 2025

Mega buyouts can support, not hinder Japan Inc's reform despite Toyota deal

Business Standard

Toyota Industries said this weekend there was at this moment no buyout proposal by the Toyota group or the family, adding it has received various proposals

Automobiles & Auto Components

SECTOR | 26 Apr 2025, 09:59AM

Nissan to end vehicle production at Wuhan plant in China-Yomiuri

Business Line

The decision comes after the operation rate at the 300,000 vehicle capacity plant, which produces the Ariya electric vehicle and X-Trail SUV, fell below 10% of capacity amid stiff competition from Chinese automakers

Automobiles & Auto Components

SECTOR | 26 Apr 2025, 09:29AM

Toyota chairman proposes record buyout of its supplier at $42 bn valuation

Business Standard

The proposal values Toyota Industries at 6 trillion ($42 billion), about 40% above its market cap as of Friday's close, reflecting its role in textiles and auto parts

Automobiles & Auto Components

SECTOR | 25 Apr 2025

Renault opens new design centre

Business Line

Spread over 1,500 square metres, the facility was developed with an investment of 14.68 crore.

Automobiles & Auto Components

SECTOR | 25 Apr 2025

Maruti Suzuki May Gain If Delhi Government's Proposed Tax Waiver For Hybrid Cars Gets Nod: BofA

NDTV Profit

Only a handful of vehicles, including Maruti's Grand Vitara and Toyota's Urban Cruiser Hyryder, meet the price and technology criteria.

Automobiles & Auto Components

SECTOR | 23 Apr 2025

Renault.Rethinks', a game plan for growth and addressing growing demand

Business Line

French auto giant Renault, with revenues of 56.2 billion, is signalling renewed confidence in the Indian market. Its recent decision to take full ownership of the Renault-Nissan Alliance plant in Oragadam, near Chennai, marks the first major step under its new growth strategy, Renault.Rethink. Another significant milestone is the opening of what Renault describes as its second-largest design studio globally after France near Chennai. Venkatram Mamillapalle, Country CEO & MD, spoke to businessline about the Group's India-centric transformation strategy, upcoming product launches, and plans for volume growth. Edited excerpts:

Renault opens new car design centre in Chennai

Business Line | 22 Apr 2025 1 more

Automobiles & Auto Components

SECTOR | 20 Apr 2025

Auto exports rise 19% to over 5.3 mn units in FY25 on strong demand: Siam

Business Standard

Automobile exports from India rose by 19 per cent to over 53 lakh units in the last 2024-25 fiscal year driven by robust demand for passenger vehicles, two wheelers and commercial vehicles in the overseas markets. Overall exports last fiscal stood at 53.63 lakh (53,63,089) units as compared with 45 lakh (45,00,494) units in 2023-24 fiscal ending March 31, 2024. Passenger vehicle shipments rose by 15 per cent to 7,70,364 units last fiscal as against 6,72,105 units in FY24. The segment reported its best ever yearly performance last fiscal driven by demand for global models being manufactured in India, industry body SIAM stated. With manufacturing quality improving, some companies have also commenced exporting to developed markets, it added. Utility vehicle dispatches led the space with dispatch of 3,62,160 units, a growth of 54 per cent, as compared with 2,34,720 units in FY24. Two-wheeler exports increased by 21 per cent to 41,98,403 units last fiscal as against 34,58,416 units in

Automobiles & Auto Components

SECTOR | 18 Apr 2025

2W exports turn positive after 2 years, Bajaj Auto registers highest export growth: SIAM data

Business Line

A 21.4% growth was registered with 41,97,517 two-wheelers exported in FY25, compared to 34,58,416 two-wheelers exported in FY24

India's vehicle exports race past 5 m units in FY25 after 2 years of moderation

Business Line | 17 Apr 2025

Automobiles & Auto Components

SECTOR | 16 Apr 2025

Cars are becoming completely unaffordable in US, tariffs will hammer lower-income car shoppers: Nissan

Economic Times

Nissan Americas chairman Christian Meunier expressed concern over potential tariffs, warning they could significantly increase vehicle prices, making them unaffordable for middle and lower-class consumers. He highlighted the risk of affordable car segments disappearing, especially models like the Nissan Versa produced in Mexico. While Nissan could expand U.S.

Automobiles & Auto Components

SECTOR | 15 Apr 2025

Yamaha likely to launch its electric two-wheeler in India in a year

Business Line

Yamaha will not target the budget commuter segment, said Itaru Otani, Chairman of Yamaha Motor India Group