Top Indian Automobile Industry News & Updates - 12 Feb 2026,Thursday
🏢 Industry
Mahindra bets on an integrated mega-hub to unlock Toyota-style economics. Will it pay off?
When Mahindra & Mahindra announced a ₹15,000-crore investment in Maharashtra on 6 February, the headline figure overshadowed a structural shift in its manufacturing strategy. India's oldest automotive conglomerate is abandoning the fragmented manufacturing model on which its empire was built in favour of huge integrated hubs that can produce tractors, SUVs, and electric vehicles.
Bharat Taxi's cooperative promise meets India's tough mobility market
The Founding Fathers of the Constitution mandated the appointment of a Finance Commission by the President every five years to recommend a fair distribution of fiscal resources between the Union and the states, so that they can carry out the functions assigned to them in the Seventh Schedule. They could have written the share of each state into the Constitution itself but instead decided to have a neutral expert body assess the changing capacities and needs of states quinquennially, and recommend the devolution of taxes collected by the Union government and grants to be paid to the states. The report of the 16th Finance Commission, placed in Parliament on February 1, will determine the federal fiscal architecture for the next five years.
Rolls-Royce CEO Tufan Erginbilgic meets PM Modi, plans India expansion
Rolls-Royce CEO Tufan Erginbilgic on Wednesday met Prime Minister Narendra Modi and shared plans to scale up its activities in India to become a part of Viksit Bharat.
Semiconductor crunch, logistics disruption exposed auto supply chain fragility: Hyundai India MD
New Delhi: Semiconductor shortages and logistics disruption have exposed structural weaknesses in the automotive industry's global supply chains, highlighting the need to move beyond efficiency-driven models, Hyundai Motor India Managing Director and CEO Tarun Garg said today.
Mahindra to debottleneck capacity at Chakan, Nashik plants
Mahindra & Mahindra (M&M) is accelerating capacity expansion across its existing plants while laying the groundwork for a new 6 lakh-unit integrated manufacturing hub in Nagpur, as it prepares for the rollout of its next-generation NU_IQ platform-based SUVs.
Growth focus likely to keep margins under pressure for Eicher Motors
Eicher Motors posted a strong Q3FY26, with consolidated revenue growing 22.9 per cent year-on-year (Y-o-Y) at ₹6,110 crore. Its two wheeler segment (Royal Enfield- RE) volume grew at 21 per cent Y-o-Y and 0.9 per cent quarter-on-quarter (Q-o-Q) to 329,000 units, with average selling price (ASP) at around ₹181,800 per unit, which was up 0.9 per cent Y-o-Y and 0.6 per cent Q-o-Q.
Auto shares in fast lane; Eicher, Lumax, Pricol rally up to 7%; here's why
Ahead of IPO, Cars24 unveils new brand identity as It Grows into a more mature, human company
Mahindra Q3 result: PAT up 47% at ₹4,675 cr on highest quarterly revenue
Eicher Motors shares rise 7% to record high after in-line Q3 results
📝 Collaboration with China could be a win-win for Indian auto industry: Lumax Chairman
📝 India will be the next global SDV hub: Hyundai India CEO
📝 Mahindra to boost capacity after quarterly profit jump
📝 Vikramotsav auto stalls nearly sold out as 50% tax waiver fuels sales hopes in Ujjain
📝 Hyundai Motor India CEO calls for deep localisation, global ambition
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🚗 ICE Car/SUV
MG Majestor: Top 5 facts that will make it relevant in the brand's portfolio
JSW MG Motor India is all set to introduce the MG Majestor SUV in the country on February 12, as the company's new flagship model. The upcoming MG Majestor is designed to dominate the premium D+ SUV segment. However, it will not be an easy task for the OEM as well as the SUV, as the MG Majestor will have tocompete with tough rivals like the Toyota Fortuner.
JSW Motors warns of delay in first car launch over China parts licence
📝 India-EU FTA will have no bearing on domestic SUV volume: M&M Group CEO & MD Anish Shah
📝 Hyundai Venue gets nearly 80,000 bookings in India
📝 Mahindra expands aftersales network and training capacity in Delhi NCR
📝 Highest-selling car manufacturers in January 2026: Maruti, Hyundai and more
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Electric Car/SUV
📝 Chinese EV makers eye EU tariff talks after Volkswagen secures rare breakthrough deal
📝 BYD Atto 3 updated with larger battery pack: Range, new tech explained
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🚗 Luxury
Aspiration fuels demand as BMW bets on electric luxury and deeper localisation in India
BMW Group India outperformed the broader industry with record sales and growth of 14%. In the luxury EV segment, we remain the brand of choice, recording a 200% surge.
📝 Mercedes-AMG GLC 53 4MATIC+ unveiled in the UK, will it come to India?
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⛟ Commercial Vehicles
AbhiBus rewards grand winter bus sale winner with a premium SUV
Hyderabad: AbhiBus (ixigo’s bus business), one of India’s leading online bus ticketing platforms, has handed over a brand-new Mahindra Scorpio to the winner of its recently concluded Grand Winter Bus Sale. The sale campaign, which ran through November and December, offered discounts of up to 50% on bus bookings, along with prizes such as iPhones, PS5 consoles, gold coins, and flight and hotel vouchers, culminating in the Mahindra Scorpio as the grand prize.
Ashok Leyland expects demand momentum to extend into FY26
Chennai: Commercial vehicle manufacturer Ashok Leyland expects demand momentum to continue through the final quarter of FY26, with industry volumes likely to grow 10–12 per cent for the fiscal supported by improving sentiment and rising replacement demand across commercial vehicle (CV) segments.
Mahindra, Tata win emission test relief for light commercial vehicles even as small car tussle continues
“In cities like Delhi, where restrictions on medium and heavy-duty trucks push a significant share of urban freight onto smaller N1 vehicles (light commercial vehicles), strengthening emission requirements for this segment becomes particularly important," said Amit Bhatt, India managing director at the International Council on Clean Transportation. “Applying more rigorous and real-world-oriented testing to N1 trucks will help better manage emissions from last-mile freight movement, while cities plan a transition to electric."
Ashok Leyland Q3 results: Net profit rises 5% to ₹862 crore, revenue up 22%
Tata Motors rallies 4%, hits new high; what's driving CV stock price?
📝 Hinduja is said to seek $200 million for Ashok Leyland’s OHM Mobility unit
📝 Ashok Leyland expects 11-13% growth in CV industry in FY26
📝 Ashok Leyland steps up global play with Indonesian JV unit, Saudi plant
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🎤 Interviews & Features
2026 Renault Duster vs Tata Sierra: Which SUV makes more sense?
The 2026 Renault Duster is the latest entrant into the Indian passenger vehicle market's entry-level compact SUV market. Interestingly, this is the same segment where Tata Motors launched the Tata Sierra just a few months back. Another interesting fact is that the Renault Duster and Tata Sierra, both are two of the most popular and iconic nomenclatures that were discontinued in India and made grand comebacks. The Duster made a comeback after a four-year hiatus, while the Tata Sierra was brought back after decades.
‘Exports growth will be even stronger in FY27’: Dheeraj Hinduja
Riding on its highest-ever quarterly profit of Rs 796 crore in Q3, aided by growth across domestic and export segments, Ashok Leyland expects to maintain strong numbers in the next quarter. Its Executive Chairman Dheeraj Hinduja tells Narayanan V about the CV maker’s FY27 outlook, impact of trade deals and fundraising plans.
Excerpts:
EV subsidy or private enrichment?: Pradeep S Mehta, Secretary General, CUTS International
Last month, while hearing a long-running matter on air quality in Delhi-NCR, the Supreme Court issued a pointed caution: There cannot be a single-technology solution such as electric vehicles (EVs) introduced without first examining its consequences for its carbon friendliness and the cost to the economy and the people. All such interventions must demonstrably serve the larger public good and therefore the apex court underlined the need for evidence-based, citizen-centric policymaking rather than narrow or siloed approaches.
📝 MG Majestor debuts tomorrow: Here's all you need to know
📝 5 best cars under ₹15 lakh with 6 airbags as standard
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🏍 EV/ICE Two Wheelers
Top 5 reasons why TVS Apache RTX 300 is so appealing for riders
TVS Apache RTX 300, the entry-level ADV from the homegrown two-wheeler giant TVS Motor Company, has been making quite some buzz in the Indian motorcycle market. Available at a starting price of ₹1.99 lakh (ex-showroom), the TVS Apache RTX 300 gets three variants: Base, Top and Built to Order. The price list goes up to ₹2.34 lakh (ex-showroom), depending on the variant selected.
NIIF exits from Ather Energy through block deals
National Investment and Infrastructure Fund (NIIF) on Wednesday exited from Ather Energy by offloading its entire 1.92 per cent stake in Ather Energy through block deals on the BSE and the National Stock Exchange.
2026 KTM 200 Duke in wishlist? Key changes buyers must note
KTM 200 Duke is one of the highly popular naked streetfighters in the Indian two-wheeler market. The aggressive pricing achieved through local manufacturing, sporty performance, and global-standard equipment make it an appealing proposition for consumers. KTM India has now launched the MY2026 iteration of the 200 Duke.
Women to drive shift to e-bicycles
EMotorad, an electric bicycle company based in Pune, believes that women will play a crucial role in the shift towards electric cycles and drive the e-cycling boom. According to EMotorad, women currently account for about one-third of enquiries and serve as catalysts for broader household adoption, as electric cycles cater to commuting, wellness, and short errands.
EV retail sales expand in January, with gains across PVs and two-wheelers
📝 TVS Motor delivers two iQube electric scooters to Governorate of Vatican City State
📝 Odysse Electric names Sudhir Goel as co-founder in leadership overhaul
📝 BMW Motorrad GS Experience 2026 announced with 9 city training schedule in India
📝 Royal Enfield to ramp up production to 20 lakh units: Details explained
📝 If I were buying a 350cc bike today, these 5 would top my list
📝 Royal Enfield Classic 350 vs Honda CB350: Key details compared
📝 Aprilia Tuono 457 gets a price cut, now costs ₹4.01 lakh
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⚙ Components
Priya Kapur steps into spotlight amid Sona Comstar family feud
New Delhi: From visiting Sona Comstar’s manufacturing and R&D facilities to presenting a Harvard Business School case study on the company's turnaround led by her late husband Sunjay Kapur, Priya Sachdev Kapur is making her presence felt at India’s eighth-largest auto component maker, even as a court battle over control of the promoter entity continues.
Kirloskar Oil Engines posts 35% rise in Q3 standalone sales; net profit up 80%
Kirloskar Oil Engines Ltd (KOEL) reported a 35 per cent year-on-year rise in standalone net sales at ₹1,371 crore for the third quarter of FY26, compared with ₹1,015 crore in the corresponding quarter last year.
India-US, EU trade engagement to boost auto components, battery ecosystem: Heavy Industries Minister
"On the trade front, India has adopted a calibrated and strategic engagement with key global partners," Kumaraswamy said while addressing the 60th ACMA Excellence Awards and Technology Summit 2026.
India's auto component firms go digital amid world crises, EVs: Report
Samvardhana Motherson jumps 4% after Q3 beat; brokerages raise target price
📝 Safety and Software to define India's auto-tech roadmap: Brakes India MD
📝 Auto component makers must shift to tech-led partnerships: Hyundai India MD Tarun Garg
📝 India’s auto component sector shifting from cost competitiveness to tech leadership: Sona Comstar’s Priya Kapur
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🌇 Allied Industries
Amara Raja Q3 PAT falls by over 50%
📝 Kirloskar Electric appoints Janaki Kirloskar as CEO
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🌢 Fuels, Lubricants
Except Trump, nobody else has declared that India will stop buying Russian oil: Lavrov
Stating that “sky is the limit” as far as India-Russia relations go, Russia Foreign Minister Sergei Lavrov on Wednesday said that except US President Donald Trump, nobody else has declared that India will stop buying Russian oil.
We will buy from wherever we have to in order to ensure consumer demand is satisfied: Oil Minister on India-US trade deal
PNGRB approves guidelines for CBG injection in gas pipeline, CGD networks
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🌍 Emissions/Environment
India's net-zero ambition is clear, but the climate finance gap looms
New research published by the NITI Aayog this week has brought India’s long-term climate strategy into sharper focus. It lays out pathways to a “Viksit Bharat” by 2047 while keeping the country on track to achieve net-zero emission by 2070. India’s cumulative investment needs by 2070 are estimated at $14.7 trillion under a current-policy scenario and $22.7 trillion under a net-zero scenario. This implies an average annual investment of roughly $500 billion over the coming decades. By contrast, the current investment is estimated at around $135 billion per year, leaving a large and persistent gap. Even under optimistic assumptions about domestic capital formation, the study estimates that India could mobilise about $16.2 trillion by 2070. This still leaves a financing gap of around $6.5 trillion, which would have to be bridged largely through international capital, concessionary finance, and grants.
📝 CAQM notifies norms for using mechanised rd sweeping machines
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💸 Finance & Insurance
📝 Tata Motors Finance, Piramal Enterprises surrender NBFC licence to RBI post merger
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📖 Magazines
📝 2027 Toyota Highlander debuts as brand's first 3-row EV
📝 5 most affordable track bikes for beginners
📝 2027 Hyundai Creta interior seen for the first time
📝 Kia Seltos vs Honda Elevate petrol CVT real world mileage compared
📝 Hidden details about Ferrari Luce uncovered from interior images
📝 Renault Duster returns, old and new Sierras driven, and more: Autocar Feb 2026
📝 What to expect from the MG Majestor ahead of launch tomorrow
📝 Royal Enfield to expand production capacity to 20 lakh units annually
📝 New six cylinder Mercedes-AMG GLC 53 revealed in SUV, Coupe avatars
📝 BYD updates Atto 3 with larger battery, more range and power
📝 TVS Apache RTR 200 4V features image gallery
📝 Toyota Ebella review: Ciao bella
📝 Bajaj Pulsar N160 price and variants explained
📝 Top 5 safest cars in India as rated by Bharat NCAP
📝 Touchscreens ‘wrong tech’ as car’s main interface: Ferrari EV interior designer
📝 2 reasons to buy the Land Rover Discovery Sport and 2 to skip it
📝 Maruti Brezza ZXI+ vs Victoris VXI: Which offers more value?
📝 7 Things to know before buying a KTM 390 Adventure X
📝 3 reasons to buy the Toyota Urban Cruiser Ebella and 3 to skip it
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📰 International
Toyota issues another recall in US for over 141,000 vehicles affected by door defect
The world's largest automaker, Toyota Motor, has issued another recall for more than 141,000 vehicles in the United States, due to a door defect that could cause injury, according to a USA Today report.
Ford falls behind Chinas BYD in global sales for the first time
Ford Motor Co lost out to BYD Co in global vehicle sales for the first time last year as the BYD continued its climb up the rankings of the worlds largest automakers.
Ford says tariffs put $900 million dent in earnings
Carmaker Ford on Tuesday (local time) said that it had to pay $900 million more in tariffs than it expected last year due to a last-minute change by US President Donald Trump's administration to the tariff relief programme, BBC reported.
Crude oil climbs over 1% as US-Iran risks offset surplus concerns
📝 US proposes boosting 'Buy America' requirements for government-funded EV charging stations
📝 CEO of Boston Dynamics to step down, as Hyundai's robot strategy in focus
📝 Ford's quarterly earnings miss forecasts, CEO sees stronger year in 2026
📝 Honda third-quarter profit slumps over 60% as EV restructuring bites
📝 Volkswagen's Cupra Tavascan spared from EU duties on China-made EVs
📝 Tesla names Europe executive to head global sales : Reports
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