Top Indian Automobile Industry News & Updates - 17 April 2026,Friday
🏢 Industry
SIAM backs CAFE-3 draft, urges govt to notify norms soon amid time crunch
The Society of Indian Automobile Manufacturers (SIAM) on Thursday endorsed the latest draft of corporate average fuel efficiency-3 (CAFE-3) emission norms and told the government that it should be notified quickly as there is limited time available to implement it, Business Standard has learnt.
Delhi’s draft EV Policy: Why Axis Securities is ‘Bullish’ on TVS & Bajaj, M&M over Japanese OEMs
A week after Delhi’s draft EV policy landed, the conversation has largely been about the policy itself, how to avail the subsidies, the timelines, and the infrastructure mandates. What hasn’t been said loudly enough is what the policy does to the equity story in India’s auto sector. According to a recent report by brokerage firm Axis Securities, this policy will essentially separate companies that spent years building EV platforms from those that didn’t.
Govt, auto industry move towards consensus on CAFE-III norms: Report
📝 Delhi plans ₹40,000 crore EV push with mandates, incentives for early adoption
📝 Sharp dip in diesel vehicle registration in Chandigarh
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🚗 ICE Car/SUV
Maruti to replace Ignis with Punch rivaling SUV
Maruti Suzuki has discontinued the Ignis hatchback, drawing curtains on one of the oldest models in its portfolio since its launch in 2017. The Ignis was among the first products to be retailed through the company’s premium Nexa channel.
Renault targets seven models in India by 2030, CEO says
French automaker Renault will have seven models in India by 2030, including battery electric vehicles, as it steps up its product push in the world's third-largest auto market, its global CEO Francois Provost said on Thursday.
Renault aims to take India to its top three markets by 2030: Global CEO
French auto major Renault aims to make India one of the top three markets for the Renault brand globally by 2030 on the back of speedier launches and more electrification efforts, its global CEO Francois Provost said on Thursday.
'India for India’: Renault doubles down on standalone strategy, eyes 5% market share
Renault targets India among its top three markets by 2030, says CEO
📝 Renault to launch 7 cars in India by 2030, bets big on RGEP & RGMP modular platforms
📝 Chery Tiggo 7L SUV design patent filed in India
📝 Kia creates exclusive parking at Rajinikanth’s tribute event
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Electric Car/SUV
VinFast launches the All-New VF MPV 7, A spacious electric seven-seater for Indian Customers
New Delhi: VinFast Auto India, a subsidiary of the global electric vehicle manufacturer VinFast, launched the all-new VF MPV 7 for Indian customers. The VF MPV 7 is a premium electric, seven-seater multi-purpose vehicle engineered for the space and versatility that Indian customers truly need. The launch marks VinFast's third product introduction within a year, underscoring the company's commitment to expand its footprint across the fast-growing electric vehicle market in India.
📝 Renault Group Unveils ‘FutuREady’ India Plan: 7 New Models, EV Push by 2030
📝 7-seater EV race heats up as VinFast, Mahindra & Mahindra, BYD, JSW MG, Kia target big families in India
📝 Chery Lepas L6 Electric SUV design patent filed in India
📝 MG M9 electric MPV gets massive price hike! New price and details
📝 VinFast VF MPV 7: 5 key highlights to know about the electric MPV
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🚗 Luxury
Volvo Cars to raise prices in India by up to ₹1 lakh from May 1
Mumbai: Swedish luxury car maker Volvo Car on Thursday said it will recalibrate its vehicle prices in India by up to Rs 1 lakh from May 1.
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⛟ Commercial Vehicles
Ashok Leyland launches twin-fuel DOST and DOST+ XL light commercial vehicles
Commercial vehicle manufacturer Ashok Leyland has announced the launch of twin-fuel variants of its popular Light Commercial Vehicles (LCVs) – DOST and DOSource Credit: PTI, The Economic Times XL.
No purchase delays despite West Asia conflict, says Ashok Leyland
Ashok Leyland on Thursday said customers have not postponed vehicle purchases despite uncertainty triggered by the West Asia conflict, with underlying economic activity continuing to support demand.
📝 Tata Motors supplies electric airport coaches to Air India SATS, Delhi deployment begins
📝 Delhi govt to launch fresh batch 150 electric buses
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🎤 Interviews & Features
📝 Ola Electric vs Ather Energy: Which stock looks better after a stellar surge of up to 70% in April?
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🏍 EV/ICE Two Wheelers
Bajaj Auto trains focus on cost cuts and tighter governance for KTM after helping to secure funds to clear its loan
New Delhi: After helping to secure funding to clear KTM’s dues, Bajaj Auto has shifted focus to cost cutting and tighter governance at the Austrian premium motorcycle maker, its largest acquisition, a top executive told Mint.
📝 EMotorad launches Viper e-cycle at ₹66,999 with 85 km range
📝 Ducati India to raise prices on select motorcycles from June 1
📝 Yamaha launches upgraded Fascino 125 Fi Hybrid at ₹76,500
📝 New Bajaj Dominar 400 Vs Royal Enfield Hunter 350: Which one should you buy in 2026?
📝 Delhi EV Policy signals end of #ICEAge, Ola Electric's Bhavish Aggarwal says
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⚙ Components
Bosch gets pumped up with group company acquisition. Can it drive a valuation re-rating?
Bosch Ltd’s shares have been on a roll this month. The auto component company’s stock is up almost 30% so far in April from the 2026-year-to-date low of ₹28,745 apiece on 30 March.
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🌇 Allied Industries
📝 Steelbird ROX helmet series crosses 10 million units in cumulative sales
📝 Nawgati in talks to raise $5.2 million Series A at over $70 mn valuation
📝 ETAuto launches Tech Awards to honour engineering excellence and innovation; nominations open
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🌢 Fuels, Lubricants
US Russian crude waiver expires: What it could mean for India’s oil imports from Russia
The US has allowed the one-month sanctions waiver on buying Russian oil already on the water to expire, and will not be extending it, US Treasury Secretary Scott Bessent said in a press briefing in Washington. Bessent’s comments pertaining to the waiver, which expired on April 11, came close on the heels of the US Department of the Treasury announcing that a similar sanctions waiver issued for Iranian oil won’t be extended beyond its expiration date of April 19.
Rate hike possible if crude sustains above USD 90/per barrel: Union Bank of India Report
The interest rates could see an upward movement if crude oil prices stabilise above USD 90 per barrel, amid rising inflationary pressures driven by global geopolitical tensions highlighted a report by Union Bank of India.The report noted that while the current stance remains a prolonged pause on policy rates, the outlook could change depending on the trajectory of inflation and global commodity prices.
Fuel shift: Auto LPG sales up 62% on PSU pricing edge
Average Auto LPG sale by PSU OMCs in April 2026 (till April 15) rose sharply to around 286 MT/day from 177 MT/day in February, marking a 62% increase, the ministry of petroleum & natural gas said, signalling a significant shift in fuel demand amid the ongoing geopolitical crisis.
BPCL arm to invest $2.8 billion in Brazil's oil and gas exploration project
📝 India's crude imports down 21%; Russia tops, Iran gains
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🌍 Emissions/Environment
📝 CAQM invokes GRAP Stage-I in Delhi-NCR as AQI slips to ‘poor’ category
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💸 Finance & Insurance
📝 Scania opens new Bengaluru corporate office, ties up with Axis Bank for truck financing
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📖 Magazines
📝 Every three-row EV under Rs 30 lakh in India
📝 TVS posts best-ever two-wheeler sales in a fiscal year at 4.24 million units
📝 Renault Triber, Kwid and Kiger to use new RGEP base
📝 10 most affordable cars with ventilated seats
📝 Renault plans a 7-model lineup in India by 2030
📝 Renault Triber to get dual-cylinder factory-fitted CNG kit
📝 2026 Volkswagen ID 3 EV facelift adds more range, physical buttons
📝 Triumph Bonneville 400 spied testing in India
📝 Volvo India announces price hike for all models
📝 Vinfast VF MPV 7 vs Kia Carens Clavis EV: Features, Specs, Prices compared
📝 Maruti winds down production of Ignis
📝 Updated Yamaha Fascino 125 launched, prices start at Rs 76,500
📝 2 reasons to buy the Vinfast VF MPV 7 and 2 to skip it
📝 Ducati India to hike prices from June
📝 Suzuki Hayabusa sales hit a record high in India in FY2026
📝 Delhi EV policy could add 6 lakh electric two-wheelers by FY29
📝 BYD India to hike prices by up to 3 percent from May
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📰 International
Tesla deepens chip push, AI6 to be built on Samsung's 2nm process
Seoul: Samsung Electronics is set to deepen its role in Tesla's AI chip lineup after the automaker completed the design of its next-generation AI5 processor, a milestone that could help revive the Korean company's struggling foundry business, according to a report by The Korea Herald.
Tesla CEO Elon Musk said Wednesday that the electric vehicle company's AI chip team had "taped out" the AI5 processor, marking the point at which a design is finalized and sent to manufacturing partners.
📝 Renault to cut up to 2,400 engineering jobs globally as Chinese automakers reshape competition
📝 Faced with fuel crisis, Australia's trucking industry eyes electric options
📝 Rising US fuel prices revive EV demand despite subsidy cuts
📝 Stellantis to halt car assembly at France's Poissy plant by 2029
📝 British carmakers seek clarity on 'Made in EU' rule as trade risks grow
📝 Pentagon approaches automakers, manufacturers to boost weapons production, reports WSJ
📝 BYD gains ground in Germany as EV demand rises
📝 Nissan held talks with China's Chery on building cars at British plant, reports FT
📝 Range Rover Sport turns 20 with a bright orange special edition, gets V8 and PHEV options
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