auto industry

Panic buying of fuel is causing a short-term slowdown in Odisha's automobile sector, with dealers reporting a significant drop in enquiries and bookings. Uncertainty over fuel availability is making potential buyers, especially first-time owners, hesitant to make purchases, impacting both car and two-wheeler sales.

Union Minister Nitin Gadkari declared that petrol and diesel vehicles have no long-term future in India, urging the auto industry to accelerate its shift to cleaner fuels like biofuels, CNG, LNG, and electric powertrains. Pilot projects for hydrogen-powered mobility are underway, with hydrogen hailed as the "fuel of the future.

Maruti Suzuki achieved record revenue of over Rs 1.8 lakh crore in 2025-26, driven by strong sales of 24.2 lakh vehicles. Despite a 19.9% revenue surge, net profit saw a marginal 1.2% increase due to rising operational costs. The company anticipates producing an additional 2.5 lakh vehicles this year as supply chain issues resolve and new production capacity becomes available.

India’s auto boom is back — but not for everyone. As SUVs surge and profits rise, entry-level cars are being left behind.

Ford CEO Jim Farley warns that Chinese electric vehicles entering the US market would be 'devastating' for American manufacturing. He argues for maintaining high tariffs, citing China's massive production capacity and potential cybersecurity risks. Farley also highlighted a critical shortage of skilled trades workers in the US, a concern he believes China addresses more effectively.

Global automakers like Honda, Ford, and Toyota are facing intense competition in China's rapidly evolving auto market, particularly with the surge in electric vehicles. Chinese manufacturers' swift development cycles and aggressive pricing are challenging legacy brands, leading to significant sales declines and urgent calls for change from industry leaders.

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New CAFE 3 norms, effective April 2027, aim to slash fuel consumption and CO2 emissions. Carmakers will earn credits for efficient vehicles, EVs, and hybrids, with "super credits" for zero-emission tech. A three-year compliance block and credit trading offer flexibility. CNG vehicles are projected to dominate the mix by 2031-32.

Three Democratic senators urged President Trump to block Chinese automakers from entering the U.S. market, citing economic and national security risks. They highlighted concerns over unfair competition, state-backed subsidies, and potential data security threats from connected vehicles. The senators also called for preventing Chinese vehicles from entering the U.S. via Canada and Mexico.

Pankaj Chadha, chairman of engineering exports body EEPC India, said the measure will help steel mills, particularly smaller units, maintain production. “Steel is a key segment of the engineering goods sector, and its shortage could severely impact the production chain. The additional LPG allocation should minimise supply bottlenecks and ensure steady output,” he added.

The company said it will continue selling Skoda models in China with a regional partner until mid-2026. After-sales services will also continue. China was Skoda’s largest market between 2016 and 2018, with deliveries exceeding 300,000 units, but sales fell to about 15,000 units last year amid rising competition from local brands.

Sony and Honda have cancelled their Afeela 1 sedan and its unnamed SUV concept, ending a six-year project that came agonisingly close to the finish line. The Afeela 1 was already in trial production at Honda's Ohio plant and weeks from its first California deliveries. Honda's sweeping EV retreat—a $15.7 billion writedown that will hand the automaker its first annual loss since 1957—left the joint venture with no platform to build on and no path forward.

17k Metric Tonnes Of CO2 Reduced At India’s Largest Automobile In-plant Rly Facility

India's stricter CAFE 3.0 fuel efficiency norms, slated for April 2027, may be postponed. The Prime Minister's Office is reviewing challenges with automakers, signaling a potential timeline reconsideration. This delay could offer short-term relief on car prices but impacts the push for cleaner vehicles.

auto industry leaders on Wednesday asked the government for a stimulus package, including GST reduction on vehicles, for the sector which has been hit by an unprecedented slump in sales.

In December, the Alliance for Automotive Innovation, which represents several major automakers including General Motors, Ford, Toyota Motor, Volkswagen, Hyundai and Stellantis, said China presents a growing challenge to the US auto industry and urged Washington to prevent Chinese state-backed automakers and battery companies from establishing manufacturing facilities in the country.

Automobile manufacturers have produced cars with unconventional designs that have drawn criticism. This article highlights several globally and India-specific models, including the Pontiac Aztek, Fiat Multipla, and Maruti Suzuki Omni, that pushed design boundaries, sometimes resulting in polarizing or awkward aesthetics.

China's vehicle sales are likely to hit 25 million units this year, an industry body said on Friday, as the world's biggest vehicle market continued to lead the global auto industry recovery from lows hit during the COVID-19 pandemic.

Industry body SIAM on Saturday said the auto industry would have to "find its own balance" to boost demand, with the GST Council declining to cut rates for the sector. The GST Council, which met in Goa on Friday, did not cut tax rates on automobiles. The industry had been demanding a GST rate cut from the current 28 % to 18% in order to revive sales which have been facing a prolonged slowdown.

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The auto industry has raised a red flag over the spike in fuel prices and said that expensive petrol and diesel will hit demand for cars and two-wheelers, while leading to strong inflationary trends as freight costs go up.

The government on Thursday sought to comfort the auto industry by promising to consider the demand for deferring the timelines for new regulations, except those impacting road safety, while indicating that the stimulus that is being closely tracked will cover all sectors of the economy, and will not be limited to small businesses.

Some of the biggest names in the auto industry have announced no-production days, laying off temporary staff and cutting down investment. Maruti Suzuki chairman said “around 3000 temporary workers have lost jobs with Maruti Suzuki.” Others such as Hero Motocorp, Ashok Leyland & TVS group companies have announced no-work days on Friday.

The auto industry leader, while speaking at a covocation ceremony of a post graduate institute here, said that businesses that will redefine themselves will be the ones to survive the current scenario