Micron to roll out first India-made chips by early 2025—for global markets
The first semiconductor chips to be made in India will roll out from US-based Micron Technology Inc.’s unit at Sanand in Gujarat in the first half of 2025, but a majority of these will be exported from the first day itself.

Why vintage cars are running on empty
His mechanics spend hours fixing, maintaining, restoring, and preserving his collection of more than 40 vintage cars parked inside the 10 sheds at his Chennai home. Still, says vintage car enthusiast Ranjit Pratap, his heart sinks when even the smallest part gives out.

Hyundai's India unit, Tata Motors post higher April sales, Eicher sales dip
Each month, automobile makers in India release wholesale numbers, or vehicle sales to dealers.

Over 90% of fund gets used before FAME deadline; supports 1.5 mn vehicles
Data from the Ministry of Heavy Industries (MHI) shows that the Centre spent Rs 10,253 crore out of the total Rs 11,500 crore allocated for the five-year scheme. These funds were used to support 1.5 million vehicles over the past five years.
 

No Maruti Suzuki EVs for India this year. Wait till FY26: RC Bhargava
Bhargava, in an interview with CNBC-TV18 on April 30, discussed MSIL's EV plans and noted that the company will not offer much in FY25.
 

Automakers report higher car, two-wheeler sales in April
Automakers, including Maruti Suzuki, Tata Motors, and TVS Motor reported higher sales of cars and two-wheelers in April from a year earlier, monthly data from the companies showed on Wednesday.

Tata Motors receives tax demand of nearly Rs 25 cr; plans to file appeal
An order was passed on April 30, 2024, by the Sales Tax Officer Class II / AVTO Ward 204, Zone 11, Delhi and it was received on May 1, 2024, by the company confirming demand on account of short payment of tax and excess availment of credit under section 73 of the CGST/ SGST Act, 2017, Tata Motors Ltd said in a regulatory filing.

Tata Motors domestic sales up 12% to 76,399 units Y-o-Y in April 2024
Tata Motors sales rise 11.5% to 77,521 units in April
The Hindu Business Line

Indian auto market sees 2% rise in vehicle sales; SUVs continue to dominate
Car sales subdued in Apr on high base, polls

Base effect, Lok Sabha polls drag April car sales down

 New Delhi: Domestic Passenger Vehicle (PV) sales started on a flat note in the first month of the new fiscal, at an estimated 338,341 units. This was just 1.76% up compared with the same month last year. Industry executives attributed this to a high base effect and muted demand due to the ongoing Lok Sabha elections. The country's largest passenger vehicle manufacturer, Maruti Suzuki India's sales in the domestic market was flat at 137,952 units compared with 137,320 during the same month last year.

Domestic PV sales rise by just 1.76% due to high base effect, elections
“We have started on a very high base this year, considering the industry numbers. Other thing is that the country is going through the election process. So, there is a code of conduct. Till the month of June, things (sales) would be more or like this. After June, you may see a revival in the market,” said Partho Banerjee, senior executive officer, Marketing & Sales, Maruti Suzuki India Limited (MSIL) at a press conference.

Car mkt sees consolidation, top 6 brands corner 92.6% of domestic sales
The Indian car market saw an increased consolidation in FY24, with the top six brands accounting for 92.6 per cent of domestic sales, while the bottom six could manage to garner a mere 2.9 per cent of the $4.2 million market. 

A Chinese invasion of the auto landscape
The Indian automobile industry is poised for disruption with the large-scale entry of Chinese auto firms, especially in the electric mobility sector. These changes will affect the fortunes of existing automakers, as well as jobs and imports.
 

Hyundai Motor India reports marginal growth in its April sales; Toyota grows 32%; MG Motor declines
The country’s second largest passenger vehicles maker Hyundai Motor India (HMIL) on Wednesday reported domestic sales of 50,201 units in April, a marginal (one per cent) growth year-on-year (Y-o-Y) as compared with 49,701 units in the same month last year.

How to prepare your car for road trips?
With the onset of summer vacations in India, many families plan to embark upon road trips. But before jetting off for a road trip it is important to check if your car is in a perfect running condition, in order to prevent it from breaking down in unwanted places where little or no help comes your way.

Battle for 2nd spot: Did Tata Motors take over Hyundai in April?
The Indian passenger vehicle (PV) market is one of the most competitive automotive markets in the world. While Maruti Suzuki leads the segment with over 40% market share on a monthly basis, the focus shifts to the second spot. For a long time, Hyundai has been the clear winner for the second spot but in recent years, sales of Tata Motors cars have shown a significant jump.

Alstom and NSRCEL working together to empower sustainable mobility start-ups through innovative incubation programme
In an exclusive interview with Financial Express Online, Nihal Choudyal, Senior Program Manager at NSRCEL IIM Bangalore and Sapna Bhawnani VP-Communications & CSR, Alstom Asia-Pacific talks about the green innovation, sustainable mobility and various innovative incubation programmes. Excerpt:

Maruti Suzuki expects reincarnation of small car segment by 2026-end
New Delhi: Maruti Suzuki India expects a revival of the small car segment in the domestic market by 2026-end or 2027, after suffering from affordability issues and onslaught from SUVs, according to a senior company official.

Toyota sales grow 32% to 20,494 units in April
Toyota sales grow 32% Y-o-Y to 20,494 units in April
The Hindu Business Line

Maruti Suzuki's total sales increase 5% to 1,68,089 units in April
Maruti Suzuki's total sales increase 5% to 1,68,089 units in April
The Hindu Business Line

Hyundai domestic sales up 1% to 50,201 units in April 2024
Hyundai sales rise 9.5% to 63,701 units in April; exports at 13,500

Maruti Suzuki opens pre-bookings for 4th gen Swift at INR 11,000
Here’s how much you need to pay for booking the new-gen Maruti Swift

Maruti Suzuki to launch new Swift on May 9; believes small car demand will revive as affordability gap narrows
Source Credit: Shubhangi Bhatia, The Economic Times

New Delhi: The country’s largest carmaker Maruti Suzuki India Limited (MSIL) launches SUVs to retain its market share. But it places its bet on the revival of the small car segment and is prepping up to launch the new-gen model of its popular Swift premium hatchback on May 9.

The model, since its introduction in 2005, has garnered sales of 29 lakh units. Bookings for the upcoming model are open at a token amount of INR 11,000.

“Hatchback is one of the very important segments for us. There is no reason to believe why this small car segment is not going to revive. It is only a matter of time,” said Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki.
“Owing to regulatory changes, there has been a steep price increase for the small cars, while the income of the consumers has not increased to that extent. So there is an affordability gap. We expect that by 2026-end or 2027, we will again see a growth in the hatchback segment and this market will revive,” he told reporters during a virtual call on Wednesday.

India has always been known as a small car market, where they accounted for one out of every two cars sold in the country. However, the demand for SUV-style vehicles has gone up tremendously during the past 3-4 years.

The popularity of bigger and bolder vehicles has clearly taken up the pie. Most companies are cashing in on this trend. Such is the craze that 28.5% of MSIL total PV sales come from SUVs.
📝  MG Motor India sales declined 1% to 4,485 units in April 2024
📝  Maruti Suzuki expects revival of small car segment by 2026-end
📝  Maruti Suzuki 'Epic New Swift' pre-booking begins at Rs 11,000 per unit
📝  6 airbags becoming new norm among mass volume cars
📝  Mahindra XUV 3XO vs Kia Sonet: Which compact SUV to choose
📝  Car sales growth flat on high base
📝  Expect revival in small cars segment in 2 years: RC Bhargava
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⛟ Commercial Vehicles

📝  VECV domestic sales declines 20.3% to 4,898 units Y-o-Y in April 2024
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🏗 Construction & Agri Machinery

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🏍 2/3 Wheelers

📝  Bajaj Pulsar NS400 launch on 3rd April: What to expect from the biggest Pulsar ever
📝  Bajaj Pulsar 125 is getting a revamp with new features. Check details
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🚲 Electric 2/3 Wheelers

📝  April electric two-wheeler sales halves on month
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⚙ Components

📝  Sona Comstar to spend Rs 1,200 crore to productionise EV orders
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🌇 Allied Industries

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🌢 Fuels, Lubricants & Charging Stations

📝  Indian Oil Corporation to invest INR 5,215 cr in green power
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🌍 Emissions/Environment

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💸 Finance & Insurance

📝  Confused between first and third-party car insurance? Here's everything to know
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📖 Magazines News

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