Top Indian Automobile Industry News & Updates - 16 Jan 2026,Friday

🏢 Industry

Foxconn-HCL name semiconductor JV as India Chip Private Limited
New Delhi: Electronics manufacturing services giant Foxconn and HCL Group have named their semiconductor joint venture as India Chip Private Limited, a regulatory filing said on Wednesday. Foxconn has already infused USD 3,72,00,000, about Rs 312 crore, in the JV for its 40 per cent stake and may invest up to Rs 424 crore in the semiconductor firm.
Revamp of PLI scheme for automobiles may boost green mobility adoption: Deloitte India
New Delhi: Changes in the Production Linked Incentive (PLI) scheme for automobiles in the upcoming Budget could help in removing barriers for the electric vehicle manufacturers, enabling more participation and enhanced adoption of green mobility in the country, according to Deloitte India. In a pre-Budget interaction with PTI Videos, Deloitte India Partner Sheena Sareen stated that sales momentum is likely to continue into 2026, particularly for EVs, which already benefit from a concessional GST rate of 5 per cent. The PLI scheme for automobiles, launched to promote advanced technology and zero-emission vehicles, has seen limited success so far, Sarren stated.
Budget 2026: Here are key challenges in electronics & semiconductor sector
Electronics & Semiconductor Manufacturing
Unsold MY2025 cars trigger sharp dealer-level discounts
Despite sustained demand for new cars across mass-market segments, a majority of dealerships are sitting on unsold MY2025 inventory, forcing sharp discounts as the industry moves further into calendar year 2026 and prepares for fresh launches.
Coal India eyes rare earth pacts with Russia, Australia
Coal India is scouting partnership opportunities in rare-earth mining across Australia, Russia, Argentina, Chile and several African countries, a top executive of its coking coal-focused unit said on Thursday, as New Delhi looks to reduce reliance on China-dominated supply chains.
Kerala overtakes bigger states in 2025 personal 4-wheeler EV adoption
 
📝  Owners struggle with HSRP registration as 4k records vanish at Beed RTO
📝  ISMA seeks GST rationalisation, policy support for biofuels and clean mobility
📝  Delhi govt considers one month registration window for unregistered e-rickshaws
📝  Mahindra’s SUV blitz draws Nomura’s top-pick call while Bajaj’s EV gamble leaves limited upside
📝  Green and gray reshape auto colour choices in 2025: BASF report
Read More >>

🚗 ICE Car/SUV

Volkswagen Tayron R-Line to launch in India in Q1 2026. Key expectations
Volkswagen India has listed the Tayron R-Line SUV ahead of this new model's intended launch in the country sometime in the first quarter of CY2026. The Volkswagen Tayron R-Line, as it has been unveiled has revealed a host of key details ahead of the SUV's market launch in India. This upcoming SUV will be sold in India as a CKD (Completely Knocked Down) model, which means it will be imported here and assembled locally.
Buying 2026 Tata Punch facelift? Variant-wise features explained
Tata Punch has finally received its much awaited facelifted iteration, which was launched at a starting price of ₹5.59 lakh (ex-showroom). The 2026 Tata Punch facelift is priced up to ₹10.54 lakh (ex-showroom). The SUV has adopted a significantly revamped design and refreshed feature list, despite keeping the basic silhouette intact.
Maruti Suzuki S-Presso, Swift get upto ₹1.70 lakh offers. But, there's a catch
If you are planning to buy a Maruti Suzuki car, January 2026 seems to be good time to bring one in your garage. The biggest carmaker in India is offering up to ₹1.70 lakh benefits on its range of passenger cars sold through the Arena network. However, the benefits are available till January 31, or till the stocks last. The benefits on the range of Maruti Suzuki cars in January 2026 comprise the GST price cuts along with month-specific cash discounts.
Tata Motors’ Sierra gets record-breaking bookings in just four hours of opening reservations

Recent reports suggest that Tata Motors’ much-anticipated Sierra received nearly 70,000 bookings in a single day, while Mahindra’s new SUV, the 7xO, stunned the industry by clocking around 93,000 bookings within just four hours of opening reservations.
CARS24 revenue rises 18% as retail shift narrows losses ahead of IPO plans
 
📝  Volkswagen India appoints Francesco Blandino as Head of Sales and Product Planning
📝  Kia Carens Clavis gets new HTE(EX) variant: Here's what has changed
📝  Mahindra XUV 7XO, XEV 9S record 90,000 bookings valued at RS 20,500 Crore: Details
📝  MG Majestor to be unveiled in India on February 12th
Read More >>

Electric Car/SUV

Tesla discounts Model Y in India as demand lags and inventory builds
Tesla Model Y with up to Rs 2 lakh discount on unsold India inventory as EV buyers choose BMW, BYD
The Financial Express
📝  Skoda Vision 7S-based flagship electric car to be named Peaq
Read More >>

🚗 Luxury

What’s special about Mercedes-Maybach GLS Celebration Edition? Key details
Mercedes-Benz has started its 2026 in Indian market by launching the Mercedes-Maybach GLS Celebration Edition in the country. Priced at a whopping ₹4.10 lakh (ex-showroom), the Mercedes-Maybach GLS Celebration Edition comes celebrating the success of the company's flagship SUV GLS in the country. The ultra-luxurious Mercedes-Maybach GLS Celebration Edition comes with visual upgrades and changes in the cabin, making it distinctive.
📝  Mercedes-Benz India posts first sales decline in five years
📝  A tough sell for Elon Musk? Tesla has a cold start in India
📝  As Mercedes-Benz gears up for 2026, India emerges as its technology backbone
📝  Mercedes-Benz to locally produce GLS Maybach in India
📝  2026 Mercedes-EQS: What distinguishes Mercedes-Benz’s flagship EV
Read More >>

⛟ Commercial Vehicles

📝  Zingbus eyes ₹350 crore revenue in FY26 on network expansion
Read More >>

🎤 Interviews & Features

LTTS expects mobility biz to turn around from Q4: MD & CEO Amit Chaddha
 
📝  Tata Punch facelift vs Hyundai Exter: Price, features, specs compared
Read More >>

🏍 EV/ICE Two Wheelers

Bajaj Mobility AG to cut 500 jobs as part of global rightsizing initiative
New Delhi: Bajaj Mobility AG on Wednesday announced a “global rightsizing” programme entailing reduction of around 500 employees at KTM AG. Austria-based Bajaj Mobility AG (formerly PIERER Mobility AG) is the holding company of the KTM Group, one of Europe's leading motorcycle manufacturers. With its KTM, Husqvarna, and GASGAS brands, KTM AG is one of Europe's premium motorcycle manufacturers.
What sets Bajaj Chetak C25 apart as most affordable Chetak electric scooter yet

Bajaj Auto has launched the Bajaj Chetak C25 in India, which is officially the C2501, the most affordable version of the electric scooter. The all-new Bajaj Chetak C25 has been launched in India with an aim to make the electric scooter more affordable for the buyers. Interestingly, this is a strategy several electric two-wheeler manufacturers in the country have been adopting over the recent times, in an attempt to enhance their sales numbers. Major players in the segment like Ola Electric, Ather Energy have already launched their EVs priced under ₹1 lakh, and now Bajaj Auto too followed the same path.
📝  2026 Suzuki Gixxer 250: Check price, engine, features and other key details
📝  Three generations of Bajaj and the evolving Chetak story
📝  Classic Legends bags patent for adjustable visor and speedometer
📝  Suzuki brings Gixxer SF 250 and Gixxer 250 with new colour options
📝  Bajaj Chetak C25 vs Ather Rizta, TVS iQube and Ola S1 X: Price, Range, Features Breakdown
Read More >>

⚙ Components

📝  NBC Bearings to acquire 30% stake in Ahamani India
📝  ACMA Automechanika 2026 to kick off from February 5-7 with 800 exhibitors from 19 countries
Read More >>

🌇 Allied Industries

📝  Seamless tube makers urge govt not to retain curbs on Chinese imports
📝  Steelbird launches Base X smart riding tech for Fighter helmets
Read More >>

🌢 Fuels, Lubricants

Global clean fuel needs to quadruple investment by 2030: WEF
Global clean fuel investment will need to quadruple from nearly $25 billion at present to over $100 billion annually by 2030 to meet clean energy targets, a new  study said on Thursday. Clean fuels can strengthen energy security and economic development goals, stimulating two to three times more jobs than conventional fuel sectors while diversifying national energy supplies, the World Economic Forum report said.
BPCL leads nationwide push to expand PNG and CNG adoption
Source Credit: PTI, The Tribune
📝  India’s Russia oil trade may dip again, stranding cargoes at sea
📝  Crude oil price sinks 5% after Trump eases Iran concerns
Read More >>

🌍 Emissions/Environment

Free services at electric, CNG-based crematoriums
Source Credit: Neha Mishra, The Times of India
Read More >>

💸 Finance & Insurance

📝  S&P ups Shriram Finance’s rating to ‘BBB-/A-3’ on MUFG investment; outlook stable
Read More >>

📖 Magazines

Top-end Tata Punch vs mid-spec Nexon: Which offers better value at Rs 10 lakh?
With the facelifted Punch, Tata has introduced the Nexon’s 1.2-litre turbo-petrol and more features on the sub-compact SUV, leading to a price overlap between the two. If you have a budget of Rs 10 lakh, the turbo-petrol option of the Punch’s top-spec Accomplished+ S and the Nexon’s mid-spec Creative are both well equipped options. We help you choose which one to go in for.
Generation Speed 2026 to be held on February 7-8
This year’s edition of the Generation Speed motoring festival will take place on February 7 and 8, at the Aamby Valley Air Strip near Pune. Visitors can not only witness drag races and exotic car displays but also take part in a variety of motorsport-related activities.
2026 Red Bull Moto Jam to be held on March 1 in Delhi NCR
The latest edition of Red Bull Moto Jam will be held at the India Expo Mart in Greater Noida on March 1. 
8 Things to know before Buying the Bajaj Chetak C2501
The C2501 is an affordable and accessible electric scooter from Bajaj, and is the entry point in the Chetak line-up.
Tata Punch ICE vs EV: Similarities and differences explained
The 2026 Tata Punch facelift marks the first major mid-lifecycle update for the sub-compact SUV. It adds several new features over its predecessor, a turbo-petrol engine option, and an AMT for the CNG. We have already compared the old and new Tata Punch ICE models, but here, we put the latter head-to-head with its EV counterpart, comparing their respective top variants' exterior and interior features, as well as their prices.
Which variant of the 2026 Tata Punch should you buy?
Tata has launched the new Punch subcompact SUV with a redesigned exterior, revised interior and feature additions. Additionally, the Punch gets a new CNG AMT powertrain combination and a powerful new turbo-petrol engine from the Nexon. The new Punch is offered in eight trims, namely Smart, Pure, Pure+, Pure+ S, Adventure, Adventure S, Accomplished and Accomplished+ S.
Kylaq accounts for nearly 40 percent of Skoda-VW group 2025 sales
Skoda Auto Volkswagen India (SAVWIPL) has reported its highest-ever domestic sales for CY2025, with volumes rising around 36 percent year-on-year to 1,17,000 units. Including exports, total sales stood at 1,59,500 units. The conglomerate also crossed a key manufacturing milestone during the year, producing two million vehicles under its Made-in-India programme.
Pierer Mobility renamed to Bajaj Mobility AG
Pierer Mobility AG has been renamed Bajaj Mobility AG as of January 13, 2026. The decision to change the name was made in November, when Bajaj acquired full control of KTM.
Hero partners with Valeo to develop radar-based safety tech
Hero MotoCorp and French automotive technology supplier Valeo have announced a strategic partnership to co-develop Advanced Rider Assistance Systems (ARAS) for motorcycles and scooters.
Tata Motors remains committed to hatchbacks despite declining sales
Even though hatchback sales have been steadily declining over the last many years, Tata Motors believes there’s substantial opportunity in the small car segment, even at current volumes, with only a few players left. Speaking to our sister publication Autocar Professional, Tata Motors managing director and chief executive officer, Shailesh Chandra, said, “Even if the hatchback share stabilises at around 15-20 percent, we are still talking about a market which is more than a million units. That is a substantial opportunity, and there are very few players and less competition in this segment.”
2026 Women’s Worldwide Car of the Year category winners announced
Category-wise winners of the 2026 Women’s Worldwide Car of the Year (WWCOTY) have been announced. These will now compete for the WWCOTY 2026 award, the winner of which will be disclosed on March 5, ahead of International Women’s Day on March 8.
BMW M3 Electric due in 2027 to get simulated gearshifts, synthetic sounds
BMW has confirmed that its first fully electric M car – an electric M3 based on the Neue Klasse EV platform – will feature simulated gearshifts and synthetic sounds. The company says this is aimed at giving the EV a more familiar and engaging driving feel.
Honda and TVS scooters push two-wheeler sales past 2 crore in 2025
2025 will go down as a landmark year for scooters in India. Annual scooter sales surged to a record 75.2 lakh units, up 13 percent year-on-year, crossing the 70 lakh milestone for the first time. This strong performance played a crucial role in pushing overall two-wheeler sales past 2.05 crore units, a level the industry had not reached in the last seven years.
Read More >>

📰 International

Why Elon Musk’s Tesla is betting on FSD subscriptions to protect its $1.5 trillion valuation?
Tesla Inc. will discontinue the outright sale of its Full Self-Driving (FSD) system, transitioning the software into an exclusively monthly subscription service. The policy change, which will come into effect after February 14, 2026, was announced by its Chief Executive Officer (CEO) Elon Musk on social media platform X (formerly Twitter) on Wednesday.
📝  Range Rover unveils London-inspired limited editions
📝  Ford suspends worker who heckled Trump: union
📝  Toyota Industries' shares hit record as market hopes for higher buyout offer
📝  BMW reveals technical details for the electric M3 sedan ahead of 2027 launch
Read More >>


Corporate Office

405, TSL Corner
Local Shopping Complex
Sector G Mayur Vihar Phase III
Delhi - 110096, India

Contact

contact@nurcmedianext.com
nurcmnx@gmail.com
nurcmedianext@gmail.com
+91-11-49849324, +91-9958949710