Top Indian Automobile Industry News & Updates - 24 Feb 2026,Tuesday
🏢 Industry
Bharat Taxi will guarantee minimum base rate, return 80% profits to drivers: Amit Shah
Union Cooperation Minister and Home Minister Amit Shah on Monday said the newly launched cooperative ride-hailing platform Bharat Taxi will ensure that drivers on its platform do not earn below a fixed base rate per kilometre, positioning it as a worker-owned alternative to private aggregators.
Uber doubles down on safety; expands Teens to 37 cities, eyes in-cab video recording for India
Uber is looking to bring its global video recording feature RecordMyRide to India, which turns a driver’s smartphone into a dashcam to record the inside of the cab during trips, a top company executive told FE, as part of a broader safety-first push.
Mahindra, Tata Indonesia Deal opposed by Indonesian trade bodies
Indonesia’s plan to import 105,000 pickup trucks from India’s Tata Motors and Mahindra, for its flagship rural cooperative programme has run into stiff resistance from domestic industry bodies, with trade agencies urging President Prabowo Subianto to scrap the proposal. This is aming the largest global supply contracts awarded to the two Indian automakers.
Not M&M, Not Tata: These 3 auto giants are leading India’s ₹5.4 Lakh Cr global export war
India’s automotive industry is a cornerstone of the nation’s manufacturing and economic growth, contributing 7.1% to India’s Gross Domestic Product (GDP) and 49% to manufacturing GDP. The country is the fourth-largest automobile producer in the world.
Autos on firm footing for long-term upcycle; Axis Sec reveals top 5 picks
UP, AP & Rajasthan top performers in EV adoption, green hydrogen: IEEFA-Ember Study
One target or five: Siam opposes Bureau of Energy Efficiency's CAFE 3 reset
📝 Odisha's critical mineral sector to hit $20 bn mark by 2032: Study
📝 HCL, Foxconn likely to build semiconductor talent pipeline: Roshni Nadar Malhotra
📝 EVs likely to lose zero-emission tag under CAFE III
📝 ‘You are owners’: Amit Shah explains Bharat Taxi model, pitches base rate and ‘Saarthi’ identity
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🚗 ICE Car/SUV
Skoda Auto Volkswagen India begins production of new Kushaq at Pune plant
Skoda Kushaq facelift production begins: Expected price, launch date and more
📝 Volkswagen eyeing 'multi-tech' drive ahead of new emission rules; plans to role out flex-fuel cars
📝 MG's upcoming hybrid SUV based on Wuling Starlight 560 spied in India
📝 2026 Isuzu V-Cross launched at ₹25.5 lakh, gets 4x4 as standard
📝 2026 Maruti Suzuki Brezza launch soon: Expected changes
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Electric Car/SUV
📝 2026 Tata Punch EV facelift vs Old Punch EV: Changes, updates explained
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🚗 Luxury
Sales in the ₹60-lakh-plus segment surge fivefold since 2020| Luxury MPVs enter the fast lane
India’s luxury car market has a new growth engine — and it isn’t an SUV. Multi-Purpose Vehicles (MPVs) priced above ₹60 lakh are emerging as one of the fastest-growing niches in the premium segment, signalling a shift in how affluent buyers are redefining status, comfort and practicality.
India’s growing wealth is reshaping luxury car demand: Mercedes-Benz India
📝 Toyota recalls 969 units of Land Cruiser 300 SUVs over transmission software glitch
📝 Lexus India recalls 117 LX SUVs over transmission software issue
📝 Cricketer Hardik Pandya gifts Rs 4 Crore luxury SUV to his son: Details
📝 Quote of the day by Enzo Ferrari: “Death will destroy my body, but my creatures will keep on living ever after, in the years to come.”
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⛟ Commercial Vehicles
📝 Olectra Greentech's subsidiary bags ₹1,800 crore e-bus order from TGSRTC
📝 Hero-backed Euler Motors struggles to scale in electric three-wheeler market
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🎤 Interviews & Features
📝 MG Majestor vs Jeep Meridian vs Skoda Kodiaq: Battle of premium SUVs heating up
📝 5 cars under ₹15 lakh I would choose for their standard 6 airbags
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🏍 EV/ICE Two Wheelers
Royal Enfield launches E20 conversion kits for BS3, BS4 motorcycles: Here’s what UCE Classic, Bullet owners should do
Royal Enfield has launched official retrofit conversion kits to make its older BS3 and BS4 carburetted motorcycles compatible with E20 fuel, i.e., petrol blended with 20% ethanol. The kits target carburetted models equipped with the iconic Unit Construction Engine (UCE), particularly the popular 350cc variants. Eligible motorcycles include the Classic 350, Bullet 350, Thunderbird, and similar models from the BS3 and BS4 eras.
Will BESS be Ola’s hat-trick of stumbles after an early lead?
In roughly a decade, Bhavish Aggarwal-led Ola has reinvented itself twice — from a ride-hailing insurgent to an electric-scooter disrupter, and now to an aspiring battery and energy-storage player. Each pivot has been framed as strategic foresight. Yet those advantages have proved short-lived when legacy players go full throttle, Ola has tended to cede ground.
📝 EMO Energy ties up with BNC Motors to scale commercial EV platform
📝 Ola Electric shares in focus amid plans to cut physical stores
📝 KTM 250, 390 Adventure limited-time offer: What you get for free, details
📝 How the Ola empire is fuelling Bhavish’s personal AI business, Krutrim
📝 Royal Enfield Flying Flea spotted undisguised: Key details of first RE EV
📝 KTM ends KISKA partnership after decades: New bike designs coming?
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⚙ Components
ABB India upbeat on capex
📝 Motherson launches high-tech automotive lighting facility in Gujarat
📝 Why ZF’s new global CEO is betting big on India
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🌇 Allied Industries
After Hours with Arnab Banerjee, MD & CEO, CEAT Tyres
The Job
📝 UN envoy Jean Todt flags fake helmets crisis, seeks nationwide enforcement of two-helmet rule
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🌢 Fuels, Lubricants
BPCL receives ₹1,816.65 crore excise demand order, to appeal before CESTAT
State-run refiner Bharat Petroleum Corporation (BPCL) has received an order from the Commissioner of Central Tax and Central Excise, Kochi, for an excise duty demand along with interest amounting to ₹1,816.65 crore in relation to valuation disputes linked to its Kochi refinery operations.
India braces for Hormuz shock, oil costs may rise
Rising tensions between Iran and the United States are once again sending tremors through global oil markets, putting the Strait of Hormuz firmly back in focus — and sharply raising India’s exposure to one of the world’s most fragile energy arteries.
Govt to raise ₹16.3K cr by monetising oil and gas assets in next four years
📝 Pine Labs bags multi-year digital payments mandate from BPCL, HPCL, IOCL
📝 What happens to India’s Russia oil imports and target of $500 billion imports from U.S.?
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EV Charging
📝 Understanding battery swapping vs rapid charging
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🌍 Emissions/Environment
Air pollution: SC seeks Centre's reply on shifting coal units from NCR
Delhi air quality remains 'poor' on Monday, mercury set to cross 30°C
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💸 Finance & Insurance
EV insurance: Avoid non-OEM chargers to prevent battery-cover exclusions
Electric vehicles (EVs) accounted for 3.95 per cent of passenger vehicle sales in 2025, according to data from the Federation of Automobile Dealers Associations (FADA). Adding momentum to the shift, India’s largest carmaker, Maruti Suzuki, entered the EV market with the launch of the e-VITARA on February 17, 2026.
📝 Nissan Motor India rolls out finance scheme for Nissan Magnite
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📖 Magazines
📝 Mercedes India debuts CLA Electric with 792km WLTP range
📝 Next-gen Toyota Fortuner spied testing for the first time
📝 Which variant of the 2026 Isuzu D-Max V-Cross should you buy?
📝 Tata Punch EV vs Citroen eC3 prices, specifications compared
📝 Chery iCar V23-based EV likely to launch in India
📝 Most shared engines in mass-market cars
📝 Kawasaki Ninja 300 gets Rs 28,000 discount
📝 Isuzu launches 2026 D-Max V-Cross at Rs 25.5 lakh
📝 New MG plug-in hybrid SUV spied testing in India
📝 Royal Enfield E20 conversion kits available for BS3, BS4 bikes
📝 TVS Ntorq 150 price and variants explained
📝 Most affordable cars with a turbo-petrol engine under Rs 10 lakh
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📰 International
📝 Carmakers push toward 'eyes-off' driving, raising questions of safety, liability
📝 Robotaxis gear up for London trials amid black cab skepticism
📝 BorgWarner bags 800V iDM order from European OEM for REEV platform
📝 Dassault Systèmes names Pascal Daloz Chairman and CEO after Bernard Charlès steps down
📝 Next-gen Toyota Fortuner spotted for the first time ahead of global debut
📝 Volvo Cars to recall 40,000 electric SUVs worldwide over battery fire risk
📝 Renault to take full control of Flexis
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