Zypp Electric revenue up 50% to ₹455 crore in FY25
Zypp Electric reported revenue of approximately ₹455 crore for the financial year 2024-25, marking a 50 per cent increase from ₹302 crore in FY24. The electric mobility and last-mile logistics platform said it expects to achieve EBITDA profitability within the next one to two quarters.

TVS Holding Gears up for succession: Who gets what
TVS Holdings, the parent company of TVS Motors, has initiated the succession plan to hand over the keys of the automobile business to the next generation. Sudarshan Venu, son of Venu Srinivasan, has become the Significant Beneficial Owner as the ownership transfer process begins. 

PV sector to hit record volumes, EV gains stay modest amid high costs, range worries
The passenger vehicle industry in India is expected to touch a record cumulative domestic and export volume of 50 lakh units this fiscal despite the annual growth rate slowing down to 2-4 per cent, according to Crisil Ratings.

FADA appoints Shailender Luthra as Chairperson of Delhi Chapter
The Federation of Automobile Dealers Associations (FADA) has appointed Shailender Luthra as the State Chairperson of its Delhi Chapter. He will be entrusted with the responsibility of addressing auto retail issues through collaboration with dealers, government, and departments in the Delhi region.

Nissan India cuts non-core jobs, outsources to Accenture, Genpact
Nissan Motor India has begun the first phase of culling jobs after Renault Group acquired 51% of Nissan’s manufacturing department, Renault Nissan Automotive India Pvt Ltd (RNAIPL), last month. According to a report by Economic Times, the non-core operations at Renault Nissan Technology & Business Centre India (RNTBCI) have been cut, and the Japanese automobile company will be transferring to two of its partners, Accenture and Genpact.

Maruti Suzuki's struggle for dominance: Is the EV pivot enough to reclaim market share?
Maruti Suzuki India Ltd, India’s largest car seller, faces mounting challenges as the market shifts. While its majority shareholding from Japanese parent Suzuki Motor Corp. and operations focused in India allow it to blend Japanese manufacturing expertise with a deep understanding of domestic consumer sensibilities, the company is now grappling with evolving dynamics.

M&M shares surge nearly 3% after 59% stake buy in SML Isuzu: 3 reasons why
Mahindra & Mahindra’s share price rose 2.82% to an intra-day high of Rs 2,945 per equity share on the National Stock Exchange. The stock price of M&M climbed on the charts after the company announced that it would acquire SML Isuzu’s  58.96% stake for Rs 555 crore. The stock was among the top five gainers in the Nifty 50. 

Former Suzuki CEO Osamu Suzuki conferred Padma Vibhushan posthumously, India’s second-highest civilian award
Japanese automaker Suzuki's former chairman and chief executive officer (CEO), Late Osamu Suzuki, was awarded India's second-highest civilian award, Padma Vibhushan, posthumously for his contributions to the Indian automotive industry, according to the official announcement. 

Force Motors jumps as Q4 PAT soars 210% YoY to Rs 435 cr; declares dividend of Rs 40/sh
Force Motors rose 2.85% to Rs 9,422.50 after the company reported a 209.93% surge in consolidated net profit to Rs 434.71 crore on a 17.14% rise in revenue from operations to Rs 2,356.01 crore in Q4 FY25 over Q4 FY24.

Force Motors Q4: Strong show, but can the momentum last?
Force Motors is back on investors' radar. Earlier this month, the stock was in the news for its entry into the defence sector. This time, it’s the company’s results for the March 2025 quarter.

Low-speed EVs likely to face stricter norms

Low-speed electric vehicles (EVs) such as Yulu,Zypp Electric,YC Electric, Mahindra Last Mile and Lohia, which currently operate under lighter norms, may soon face tighter regulatory standards. Sources said that thegovernment wants to bring them under a formal framework for certification, registration and safety compliance. At present, EVs with a top speed of up to 25 kmh and motor power below 2 50W can be sold without formal certification or registration, provided, their unladen weight,excluding the battery,is under 60 kg. These vehicles, which include delivery trikes, last-mile scooters and e-cycles, are required to only meet the minimal safety features under the Central Motor Vehicles Rules(CMVR). The ministry of heavy industries (MHI) is now planning to formally approach the ministry of road transport and highways

(MoRTH) to revise these guidelines.Officials said the proposal would seek mandatory testing and certification, through authorised agencies, to ensure stricter compliance with speed, weight and power standards. 

ED conducts search operations at Gensol Engineering; seizes documents
 

Mahindra Thar lineup trimmed, convertible top variants discontinued
The second generation Mahindra Thar has been a raging success in the Indian market ever since it burst onto the scene in 2020. For a lifestyle off-roading SUV which clocks an average monthly sales 5000 units regularly, it speaks volumes about the new Thar. It is the one of the vehicles that came with an open/convertible top giving it a proper lifestyle SUV vibe.

2025 Tata Altroz facelift launch on May 21: What to expect?
Tata Motors is gearing up to launch the facelifted Altroz. Test mules of the updated Altroz have been spotted on several occasions in recent months. This will be the first proper facelift that the Altroz will be receiving ever since it was first introduced in early 2020. Prior to this, Tata added new variants of Altroz with new powertrains such as Altroz CNG, Altroz iTubro, and Altroz Racer.

Hyundai i10 crosses 3 million sales globally
Hyundai Motor India Limited (HMIL) announced that its brand i10 has crossed 3.3 million units in cumulative sales, including more than 2 million units sold in India and 1.3 million units exported to over 140 countries. The key export destinations for the brand i10 include South Africa, Mexico, Chile, and Peru.

Subdued domestic PV demand in coming years is a concern for Maruti Suzuki India: Report
 

Charge less, drive more: MG Windsor’s new 50.6 kWh battery unlocks 460km range
JSW MG Motor hit a home run when it launched the Windsor EV last year. Killer pricing backed by a spacious and comfortable cabin, good amount of features, and a wide range of options, made it an instant favourite among buyers looking to buy an electric car. 

BYD India launches 2025 Seal at ₹41 Lakh
BYD India has announced the launch of the 2025 Model Year (MY) BYD Seal electric sedan, with prices starting at ₹41 lakh (ex-showroom). The updated range includes the BYD Seal Dynamic (RWD) priced at ₹41 lakh, the Premium (RWD) at ₹45.7 lakh, and the Performance (AWD) at ₹53.15 lakh.

Range Rover Evoque Autobiography launched at ₹69.5 lakh in India
Jaguar and Land Rover (JLR) has launched the new and upgraded version of its Range Rover Evoque Autobiography at ₹69.50 lakh.

Zuperia Auto targets cargo and garbage EV growth amid rising commercial demand
Zuperia Auto, earlier known as Lohia Auto Industries, is repositioning its business to tap into the growing demand for electric cargo and garbage collection vehicles in India’s commercial electric vehicle (EV) market.

Proposed Rs 555 cr acquisition of SML Isuzu strong strategic fit for company: M&M
The deal, which is expected to close within the next three months, will focus on optimising costs, sharing platforms, streamlining aggregates, enhancing supplier networks, and improving overall operations, the company’s management said on Monday.

SML Isuzu to lead EV charge for Mahindra Truck and Bus biz
Mumbai: Mahindra & Mahindra (M&M) has made major bets on electrification of its 3-wheeler and SUV businesses, but not much for electric trucks and buses yet. And that’s one of the key benefits it expects from the ₹550 crore deal to acquire a majority stake in SML Isuzu. Along with an opportunity to strengthen its presence in the Light Commercial Vehicle, Intermediate Commercial Vehicle (I&LCV) markets.

FlixBus ties up with Vertelo to launch 500 electric intercity buses across India
FlixBus, a global intercity mobility platform, has signed a Memorandum of Understanding (MoU) with Vertelo to deploy 500 electric intercity coach buses across India. The partnership is aimed at supporting the transition to sustainable intercity transport through electric mobility solutions.

M&M eyes electric bus foray, increased market share in CVs
 

Tata Motors' EV journey moving in the right direction: Anand Kulkarni, Chief Products Officer
Tata Motors has been a strong force in the Indian EV market, with a substantial 38.10per cent market share as of March 2025. The company has cumulatively sold over 2 lakh EVs in India as of February 2025, underscoring their significant contribution and presence in the nation's electric mobility journey. The Tata EV story began in January 2020 with the Nexon EV, widely regarded as the spark that ignited the EV revolution in India. Its compelling blend of affordability and SUV appeal went a long way in making it a major success. While the Nexon has been a pivotal product for the company, the newly-launched Tata Curvv EV, boasting a striking coupe-SUV design and a range of up to 502 km, has the potential to become the biggest blockbuster in their lineup. In a conversation Anand Kulkarni, Chief Products Officer, Head of HV Programs and Customer Service, Tata Passenger Electric Mobility, shed light on the design philosophy and road map for the Curvv EV, and on the company's EV infra and plans for the future. Edited excerpts:

Audio Interview: Putting the Brakes on Fraudulent Parts in the Global Automotive Industry
In the 24-minute Audio Interview, Mr. Roei discusses these questions:

Did traders overestimate what Mahindra will pay for SML Isuzu?
Between March 1 and April 25, the day when Mahindra & Mahindra (M&M) made public its intention to buy a controlling stake in bus maker SML Isuzu, the Indian unit of the Japanese company was the top performer. On the very first trading day after the official announcement on April 26, it’s the worst auto stock.

Maruti Suzuki Alto K10 to Hyundai Grand i10 Nios: Cars with 6 airbags as standard under ₹6 lakh
Automotive safety has been witnessing a strong focus in the Indian passenger vehicle market. For many car buyers, even in the affordable mass market segment, automotive safety features have been playing a crucial role in purchase decision. While most of the cars above ₹10 lakh slab come with a wide range of advanced safety features including six airbags as standard, if you are looking for a car under ₹6 lakh slab, there too are some popular cars with six airbags as standard feature.

”Chinese dumping could wipe out our industry, we have to be wary,” says Arvind Virmani, Niti Aayog
As the trade war triggered by the US has changed the global landscape of cross-border transactions in goods, India will do well to adopt a three-pronged strategy, Arvind Virmani, Member, Niti Aayog told Prasanta Sahu in an interview. The noted economist, who was chief economic adviser, feels free trade agreements (FTAs) with the developed countries such as the US, the EU and the UK ought to be concluded in FY26 itself. He, however, advocates protective tariff regime vis-à-vis China to check dumping by the neighbour. For the rest of the world, the tariff regime could be defined (on a most favoured nation basis).

TVS Motor net profit soars 30% to ₹2,711 crore in FY25
TVS Motor Company achieved over 4.7 million units in sales and posted revenue of ₹36,251 crore for the financial year 2024-25, recording a 14 per cent growth compared to ₹31,776 crore in 2023-24.

TVS Motor remains bullish on growth as FY25 ends with strong momentum
TVS Motor Co. Ltd announced better-than-expected earnings for the January-March period, citing strong scooter sales in the country that helped it record its highest-ever profit during the last fiscal year. 

Brakes on: KTM halts production till July 2025 — What’s going wrong?
Things are getting from bad to worse for KTM as the company has announced that its Austrian manufacturing facility will be shut down till the end of July 2025. This is not good news for the company as it reopened the Mattighofen production plant only last month. According to the German media outlet, 1000 PS, has cited supply chain challenges, which have resulted in the lack of components. According to the report, the KTM plant has enough components to manufacture only 4,200 motorcycles. The company has not revealed which bikes it will be able to roll out. Hence, the Austrian company has decided to press the pause button. 

Top 5 two-wheelers in FY25: Splendor reigns supreme
Scooters are popular in India, however, the country is still a motorcycle market, and two-wheeler sales over time have shown that. While scooters such as the Honda Activa, TVS Jupiter, and the Suzuki Access have found immense success in India, they are not the best-sellers — it is a motorcycle. So here are the top five best-selling two-wheelers in FY25.

Auto components industry to grow 6-8% in FY26 amid tariff woes: ICRA
The new tariffs are expected to add around ₹9,000 crore in incremental costs across the supply chain, impacting US consumers, importers, and Indian exporters. The extent to which Indian companies absorb these costs will depend on their competitiveness and the price sensitivity of their products. Overall operating margins could fall by 50–100 basis points (bps) to 10.5–11.5 per cent in FY26. Exporters could see a sharper margin decline of 150–250 bps if they are unable to fully pass on the additional costs.

Bain Capital gets $136 mn buyout loan for Indian auto parts maker Dhoot
Bain Capital LP has obtained a $136 million loan to finance its acquisition of a minority stake in Dhoot Transmission Group, an Indian manufacturer of automotive parts, according to people familiar with the matter.

US tariffs may erode Rs 2700-4500 cr of operating profits of Indian auto component exporters: ICRA
US tariffs may erode ₹2700-4500 crore of operating profits of Indian auto component exporters: ICRA
The Hindu Business Line

KPIT collaborates with Mercedes-Benz Research and Development India to advance software-defined vehicles
KPIT Technologies has announced a collaboration with Mercedes-Benz Research and Development India (MBRDI) to accelerate the development of Software-Defined Vehicles (SDVs). The partnership aims to support faster innovation, reduce time-to-market, and improve operational efficiencies by leveraging KPIT’s expertise in mobility technologies.

Google plans to expand Gemini AI to watches, tablets, and cars
Google has announced plans to expand its Gemini AI assistant to a wide range of devices, including cars, smartwatches, and headphones, by the end of 2025. The announcement, made during Alphabet’s Q1 2025 earnings call, highlights Google’s commitment to integrating AI across its ecosystem to enhance user experiences.

KPIT Technologies Q4 profit surges 49% to ₹245 cr
 

Green hydrogen prices needs to come down by half from current levels, says Crisil Ratings
The cost gap between grey and green hydrogen is expected  to come down from its current level of $2.0-2.5 per kg but linger at $1.0-1.5 per kg over the next three financial years, potentially delaying offtake mandates and heightening project risks, Crisil Ratings said on Monday.

Oil imports from Russia touch near 2-year peak in April
India’s import of Russian oil touched its highest level since May 2023 in April despite US sanctions due to their favorable Free on Board (FOB) discounts relative to West African and Middle Eastern barrels, according to data from global real-time data and analytics provider Kpler. The country’s market share in Indian imports rose to 40% in April, up from 39% a year ago.

Castrol India Q4 Results: Net profit rises 8% YoY to ₹233 crore, revenue up 7%
Castrol India Q4 Results: Castrol India Ltd announced its January to March quarter results on Monday, April 28. The company announced an 8 per cent rise in its net profit for the fourth quarter at ₹233.46 crore, compared year-on-year (YoY) with ₹216.24 crore in the same period a year ago. 

Higher natural gas prices dent Adani Total Gas profit
 

Shriram Finance crashes 9% on asset worries but brokerages are bullish: Find out why
The Shriram Finance share price has had a tough start to the week, with its shares falling by nearly 9% in early trading today, April 28. In the early trading hours, the stock was trading at Rs 600.85, a significant dip after a challenging last five days during which it tumbled by almost 15%.

Maruti e Vitara launch delayed, deliveries by September
The launch of the Maruti e Vitara has been delayed again, with chairman R C Bhargava confirming that deliveries of the electric SUV will begin by the end of September. When the e Vitara made its India debut at the Auto Expo 2025, Maruti’s first EV was expected to go on sale in March, which means that the launch has been delayed by about 6 months.

2025 BYD Seal launched at Rs 41 lakh with updated suspension
The 2025 BYD Seal, which received an updated suspension and a few convenience features last month, has been launched at Rs 41 lakh (ex-showroom). The BYD Atto 3 electric SUV has also been updated for 2025 with a new interior upholstery colour and a new comfort feature.

2025 RE Hunter 350 vs 2024 Hunter 350: price and differences explained
Royal Enfield launched the updated Hunter 350 at the inaugural edition of its new Hunterhood festival. This marks the first ever update to this affordable roadster. For 2025, Royal Enfield has made some crucial changes and we list out all those changes. 

All Maruti cars to get 6 airbags as standard this year
Maruti Suzuki chairman R.C. Bhargava has confirmed at the previous earning’s call that all cars from the brand will have 6 airbags as standard before 2025 ends. “We will be having 6 airbags in virtually all our cars this year,” he said. “So from the safety point of view, the government was very keen that 6 airbags should be in all cars. We will implement this desire of the government and that will help us,” Maruti’s chairman explained.

KTM halts production in Austria once again
KTM has once again ceased production at its Austrian facility due to a shortage of essential components and parts required to continue manufacturing. Employees were informed of the decision on Thursday by the company’s new CEO, Gottfried Neumeister. They were also told about a 30-hour workweek with a wage cut.

Range Rover Evoque Autobiography launched at Rs 69.50 lakh
JLR India has announced the MY2025 prices for the Range Rover Evoque. The smallest Rangie is now priced at Rs 69.50 lakh for the petrol and diesel models, and it gets more features than the earlier Dynamic SE trim that was on sale. The Evoque continues to be brought into India as a CKD.

Hero HF100 OBD-2B compliant model priced at Rs 60,118
Hero has updated yet another product in its portfolio to meet OBD2B norms – the HF 100. This model is now priced at Rs 60,118.

Bestselling midsize SUVs in FY2025: only Creta, Grand Vitara and Hyryder see growth
Even as the surging demand for compact SUVs continues – accounting for nearly 50 percent of the record 2.79 million utility vehicles sold in FY2025 – there is a growing demand for bigger, feature-laden midsize SUVs. But what’s interesting is that only 3 of these 10 bestselling midsize SUVs in FY2025 recorded individual growth, while all others saw a decline in sales compared to FY2024. Like the compact SUV market, the competition here too is intense. Let’s take a closer look at how some of the most popular midsize SUVs fared in the last financial year.

2025 Spanish MotoGP: Alex Marquez takes maiden win as Marc crashes out
At the 2025 Spanish GP, Alex Marquez took his maiden win in the premier class, after finishing second in the eight races that have transpired this season. Yamaha’s star rider Fabio Quartararo, who was the polesitter, finished second to take his first podium in nearly two years, followed by Francesco Bagnaia in third. Sprint winner Marc Marquez crashed out of the race in its early stages. 

Maruti three row Grand Vitara launch confirmed for 2025
At its FY2025 earnings conference, Maruti Suzuki chairman RC Bhargava said, “We will be launching one more SUV later this year." This is in addition to the e Vitara that’s slated to arrive by September. While Bhargava did not share additional details about the SUV, our sister publication Autocar Professional has learnt it will be the three-row version of the Grand Vitara SUV. Autocar India exclusively reported on the upcoming SUV in early 2023, and that it will be produced at Maruti’s new plant in Kharkhoda.

Bajaj Chetak 3503 launched at Rs 1.10 lakh
A few months after launching the all-new Chetak 35 series, Bajaj has introduced the most affordable variant in the line-up. The new Chetak 3503 is priced at Rs 1.10 lakh and uses the same battery and new chassis as the more expensive models but gets fewer features. 

GNCAP urges corporates and fleet owners to prioritise five-star rated Vehicles
The Global New Car Assessment Programme (GNCAP) has updated its FleetSafe guide, recommending that corporates and fleet owners select vehicles based on NCAP five-star safety ratings and UN safety standards for passenger cars.

Bye Tesla: NBA legend Shaq dumps Cybertruck for Cadillac Escalade EV
NBA legend Shaquille O’Neal, popularly known as Shaq, once vouched strongly for Tesla saying that the Cybertrucks are the future. Hence, he owned three of them. However, now Shaq is believed to have had a change of heart. 

Japan's JERA may consider Alaska as LNG supply option, exec says
JERA, Japan's top power generator, may consider Alaska as a potential source of liquefied natural gas (LNG) supply, an executive said on Monday, as Japanese officials are heading to the United States this week for another round of tariff talks.