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NEW DELHI: Power and road transport ministries have been asked for clarity on recovery of penalties imposed on carmakers for failing to meet the Corporate Average Fuel Efficiency (CAFE) norms. CAFE, a mandatory regulatory standard, sets limits on average CO2 emissions or fuel consumption for the entire fleet of vehicles sold by a carmaker.It’s learnt…
India’s automobile industry sustained its growth momentum in February, with leading carmakers reporting higher dispatches to dealers as steady consumer demand supported sales across passenger vehicles and utility segments.Leading automakers Maruti Suzuki, Tata Motors Passenger Vehicles, Mahindra & Mahindra and Hyundai posted an increase in vehicle dispatches last month, reflecting continued strength in the domestic…
NEW DELHI: Passenger vehicle makers began 2026 on a strong note, with Jan sales data pointing to a broad-based momentum across the industry, aided by steady demand in smaller towns and cities, and sustained consumer sentiment after GST cuts.Market leader Maruti Suzuki posted passenger vehicle sales of 2.2 lakh units in Jan 2026, up from…
NEW DELHI: BMW has cautioned that Chinese carmakers may use the India-EU trade agreement to enter the domestic market and has asked govt to ensure checks to avoid possible misuse while suggesting that cars only above a certain threshold be allowed to take advantage of the proposed deal.“The apprehension is if small cars start coming…
NEW DELHI: Helped by tax cuts and a healthy monsoon, the Indian passenger vehicles market is on course to end 2025 with record sales, with companies ranging from Maruti Suzuki, M&M, to Toyota and Kia reporting all-time high demand. In 2025, Tata Motors overtook Hyundai to emerge as the second largest player in the domestic…
