Top Indian Automobile Industry News & Updates - 31 Jan 2026,Saturday
🏢 Industry
CabBazar redefines intercity travel in India with true one-way pricing and deep tier-2, tier-3 reach
Gurgaon, Haryana, India (NewsVoir) In a country where intercity travel is often synonymous with complex pricing, limited availability, and last-minute surprises, CabBazar has steadily emerged as one of India’s most reliable intercity cab platforms. Founded eight years ago as a bootstrapped venture, the company today operates across 3,000+ cities, has completed over 10 lakh rides, and has crossed Rs. 70 crore in annual revenue, marking a significant milestone in India’s mobility ecosystem.
Bajaj Auto Q3FY26 net profit up 25% to ₹2,750 crore
Bajaj Auto profit rises 25% on domestic growth, exports
The Hindu Business Line
Union Budget: Auto industry seeks higher charging infra outlay, PLI tweaks to boost domestic EV manufacturing
Ahead of the Union Budget 2026–27, the automobile industry is seeking higher allocation for public charging infrastructure and policy tweaks to boost domestic electric vehicle manufacturing.
📝 Budget 2026 must focus on affordability, sustenance of demand for auto industry’s durable growth cycle
📝 India, Canada look to deepen partnership in critical minerals and clean mobility
📝 SIAM showcases multi-fuel mobility roadmap at India Energy Week 2026
📝 SUPRA SAEINDIA 2026 gears up for 71-team Formula Student Challenge at Buddh International Circuit
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🚗 ICE Car/SUV
New Hyundai Creta third-generation: Boxier design, Hybrid engines and more coming to take on Kia Seltos, Tata Sierra
The Creta has suddenly seen a rise in competition and sees a genuine challenge this year. Hence, the South Korean carmaker has already begun testing the third-generation Creta, which is likely based on the 2nd Gen Kia Seltos. The first spy shots of the heavily camouflaged test mule have emerged from South Korea, and based on what we see, things look promising. The mid-size SUV, which has dominated India’s compact crossover segment for nearly a decade, is set for a comprehensive generational overhaul, featuring a bolder design, an upgraded platform, enhanced interior technology, and the introduction of hybrid engines.
Citroen Basalt coupe SUV becomes costlier. Old vs new prices compared for buyers
Citroen has increased the price of its coupe SUV, the Basalt. The Citroen Basalt prices have now become costlier by ₹20,000 across the entire lineup. With this, all the variants of the Citroen Basalt have become pricier by ₹20,000. Interestingly, Basalt is not the only Citroen car that has received a price hike, but several other models of the brand too have become pricier.
Citroen Aircross becomes dearer. Here's how much buyers have to pay now
Citroen Aircross has become costlier by up to RS 45,000 as part of the French car manufacturer's price revision move that has impacted multiple models of the brand, including the Basalt and C3. The Citroen Aircross now costs between ₹8.49 lakh and ₹13.94 lakh (ex-showroom), depending on the variants.
Jeep outlines new strategic plan to scale up localisation, exports from India
SUV maker Jeep plans to expand exports from India to new markets
Maruti Suzuki onboards 5 early-stage startups to create tech solutions
Maruti Suzuki onboards 5 early-stage startups to create tech solutions
The Hindu Business Line
Planning to buy Renault Duster? Here's the accessory list you should check
📝 For Skoda India, filling the CNG void in Kylaq is top priority
📝 Five new Volkswagens lined up for India in 2026: Check new models here
📝 Volkswagen Tayron R-line launch soon: Five key things to know
📝 Jeep’s next India models to arrive from 2027 under new strategy
📝 Mahindra Scorpio N facelift spotted testing; Big changes coming?
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Electric Car/SUV
Tesla Model Y review: Futuristic driving meets Indian reality
Tesla, the world’s most valuable carmaker, has had a slow start in India. It launched the Model Y in July 2025, but managed to sell just 226 cars in the year (Vahan retail sales data). Reasons are many – a subdued launch, high price, and a car not suited for India, as of now.
Driving Creta Electric in Delhi without using brakes!
Electric cars represent much more than a simple shift in powertrain from petrol/diesel to batteries – they are bringing in a whole lot of driving technologies that are changing how humans handle cars.
EV players pin big hopes in Budget as adoption spikes and support infra lagging behind
📝 Hyundai Creta Electric gets software update with 100 kW fast charging and improved range
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🚗 Luxury
India-EU FTA, Mercedes and Landmark Cars: A pure luxury play
Under the India-EU Free Trade Agreement (FTA), India plans to sharply cut import duties on cars made in the European Union (EU), from the current 110% to 10%, within an annual quota of 250,000 vehicles.
BMW's witty 140th birthday wish to Mercedes-Benz: A century-old rivalry
📝 BMW India opens pre-bookings for all-new X3 30 xDrive ahead of February launch
📝 2026 Mercedes-Benz S-Class luxury sedan revealed: Seven screens, V8 and more!
📝 BMW X3 30 xDrive M Sport Pro specs revealed: 20-inch wheels, 258 hp & more
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⛟ Commercial Vehicles
Tata Motors profit misses estimates on one-offs
Tata Motors’ commercial vehicles business on Thursday reported a mixed set of numbers for the October- December quarter, with strong operating performance offset by sizeable exceptional charges that dragged reported profit below market expectations.
CV upcycle gathers pace, but brokerages split on Tata Motors outlook
📝 Chartered Speed, EKA Mobility to deploy 1,750 electric buses in Bengaluru
📝 JBM Auto Q3 FY26 net up 4% to ₹54.68 crore
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🎤 Interviews & Features
Hits and misses of India-spec Renault Duster compared to global model
Renault Duster is the most hyped car that debuted in India in January 2026. The new generation 2026 Renault Duster marked the comeback of one of the most popular nomenclature in the Indian passenger vehicle market after a four year hiatus. The new Duster has adopted a completely new design, plethora of new features, modern technology and new generation advanced powertrain options as compared to the older model.
Turning over a new leaf: Can the Duster replicate its 2012 performance in 2026?
On July 4, 2012, an ad appeared on TV screens urging Indians look beyond Maruti and Hyundai. It showed an SUV driven by young Indians. The tagline: ‘For the Unstoppable Indian’. The Duster was born, and Renault became a household name. On this Republic Day, the all-new Duster arrived, but does it have the same brand pull of a decade ago?
Silent Rivals: Electric SUVs
Electric SUVs today sit at fascinating crossroads. Brands are still navigating the ‘visual identity’ of electrification: should they embrace a ‘full spaceship’ aesthetic or simply evolve what already works? Tata and Mahindra stand at opposite ends of that debate, both attempting to define the future of Indian EVs in vastly different ways. The Harrier.ev feels like a familiar friend who has learned a few impressive new tricks, while the XEV 9e is Mahindra’s bold statement of intent.
📝 Union Budget 2025: Strengthening incentives to scale electric mobility
📝 MG Majestor set for India debut: 5 things to expect ahead of February 12 unveil
📝 Facelifted Skoda Kushaq 2026 Review: Premium interiors, turbo petrol & DSG options
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🏍 EV/ICE Two Wheelers
KTM 390 Adventure R vs Royal Enfield Himalayan 450 Mana Black: Rivals compared
The KTM 390 Adventure R has been launched in India at ₹3.78 lakh (ex-showroom), as a hardcore off-road oriented iteration of the KTM 390 Adventure. Interestingly, despite being a more off-road focused iteration, the KTM 390 Adventure R comes ₹18,289 cheaper than its regular sibling.
Bajaj Auto kicks off KTM turnround as premium push, global sales spur growth
New Delhi: With premium motorcycles and the overseas markets powering its growth, Bajaj Auto Ltd has now started work to turn around Austrian motorcycle maker KTM, its largest-ever acquisition. These growth drivers give the Pune-based two-wheeler major the financial muscle as well as strategic push to revive the iconic brand.
Planning to buy Honda Dio 125 X Edition? Key 5 facts to know if it worths wait
Honda has unveiled the Dio 125 X Edition scooter for the Indian market, which comes as a special edition iteration of the regular Honda Dio 125. The Japanese two-wheeler manufacturer is yet to announce the pricing of the Honda Dio 125 X Edition. However, expect the auto company to reveal the pricing soon. The special edition scooter comes carrying only a few cosmetic changes. Apart from that, it remains identical to the H-Smart variant of regular Dio 125 in terms of features, powertrain and specifications.
Ola Electric accelerates automation push, trims workforce as turnaround gains build
Ola Electric to layoffs 5% of workforce in a fresh restructuring exercise
The Financial Express
Electric two-wheeler sales start 2026 strong
Electric two-wheeler (e2W) sales in India began 2026 on a firm footing, with volumes rising 12% year-on-year (YoY) in January, signalling sustained consumer interest in electric mobility despite challenges faced by some manufacturers. Total e2W sales stood at 1,10,316 units during the month, compared with 98,427 units in January 2025, according to Vahan data.
Old Timer: Kawasaki Versys-X 300
The Kawasaki Versys-X 300 first made its debut in India in 2017, at a time when the entry-level adventure motorcycle segment was beginning to gain traction. Three years later, Kawasaki discontinued the model, only to reintroduce it some months ago with new colour options and minor updates to meet the latest emission norms. Since its return, the ADV has sold around 200 units, highlighting its rather niche appeal in a segment that has since grown significantly.
📝 GST rate cut-induced demand to stay unless inflation erodes purchasing power: Bajaj Auto ED
📝 Premium bike market set to grow in India even after GST hike: Ducati India MD
📝 Hero, TVS planning electric bike launches, patents filed: What we know so far
📝 Honda Dio 125 X Edition unveiled, launch soon: What's new
📝 I want to buy the KTM 390 Adventure. Should I buy the R or the Standard model?
📝 TVS Motor sees sharp jump in profits as two-wheeler, EV sales climb
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⚙ Components
📝 Pricol Q3 FY26 net profit rises 54% to ₹63.69 crore
📝 Sansera Engineering forms JV with Japan’s Nichidai to make advanced automotive components
📝 ACMA Automechanika 2026 to begin from February 5; to showcase India's growing role in global aftermarkets
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🌇 Allied Industries
Exide Industries Q3 net up 5.19% at 257.70 crore, revenue rises 4.7%
Kolkata: Storage battery major Exide Industries on Friday reported a 5.19 per cent year-on-year increase in its standalone net profit to Rs 257.70 crore for the third quarter this fiscal as it witnessed a 4.7 per cent y-o-y rise in its revenue buoyed by strong growth in replacement and auto OEM market. The company’s net profit stood at Rs 244.99 crore for the third quarter last fiscal.
📝 ReGrip raises ₹20.25 crore to scale tyre waste management operations
📝 India to unveil incentives for lithium, nickel processing
📝 KPIT Technologies net profit falls 29% in Q3FY26 to ₹133.30 crore
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🌢 Fuels, Lubricants
Indian Oil diversifies crude sourcing; eyes green arm listing
State-run Indian Oil Corporation is diversifying crude oil sourcing across geographies amid heightened geopolitical volatility, while also preparing to list its green energy subsidiary Terra Clean Ltd by 2027-28, chairman and managing director Arvinder Singh Sahney told the Financial Express in an interview.
ONGC’s Puga Valley geothermal project gets boost; first well nears completion
Panaji: Drilling of the first hot spring well, which will become the fuel for the country’s maiden geothermal energy unit in the Puga Valley of Ladakh being developed by ONGC, will be completed by September, giving a major push to the nation’s effort to move more towards green energy.
India widens crude oil import basket as shares of US, UAE, Africa rise: Survey
India has diversified its sourcing of crude oil in the current financial year, with a notable increase in the number of countries from which it imports crude, even as supplies from some traditional and recent top suppliers have declined, according to the Economic Survey 2025-26.
📝 Jio-BP unveils 'Active' technology petrol: Up to 100 km extra drive annually at no extra cost
📝 Assam Petro-Chemicals inks MoU with Deendayal Port for 150 TPD e-methanol plant at Kandla port
📝 Thermax, HPCL sign MoU to collaborate on green hydrogen and biofuels
📝 Motul showcases future-ready lubrication technologies at SIAT Expo 2026
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🌍 Emissions/Environment
📝 MPCB expands Blue Category to include eight more circular economy services
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💸 Finance & Insurance
Driving without third-party insurance can cost you more than just traffic police challan
New Delhi: If you drive your vehicle on the road without third-party insurance, you risk far more than just repair bills for your own vehicle. In the event of an accident, you may also be held financially responsible for injuries, loss of life, or damage caused to another person, vehicle, or property--costs that can run into lakhs or even crores.
Must-have car insurance add-ons in India: What to choose by car age
Japanese automakers vroom towards Shriram Finance after MUFG investment
Japan’s Mitsubishi UFJ Financial Group has seen a surge in interest from Japanese automakers hoping to tap its 20% stake in Indian non-bank lender Shriram Finance to boost sales in the fast-growing Indian market, an MUFG executive said. India has become a major investment focus for MUFG — Japan’s largest banking group — and for clients such as Toyota, with business generated through the Shriram investment potentially lifting profitability across the group, Yasushi Itagaki, head of MUFG’s global operations, told Reuters in an interview. “Our customers are thinking about this more than we imagined,” Itagaki said.
📝 HDB Financial Services partners Honda to expand two-wheeler financing across dealer network
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📖 Magazines
Volvo planning new three-row hybrid SUV to sit above XC90
With demand for large SUVs growing in several international markets, Swedish automaker Volvo is now mulling over an all-new three-row hybrid SUV. In a conversation with Autocar UK, brand boss Hakan Samuelsson said that while Volvo has “still not made any decision on going there, bigger SUVs are something we’re looking into.” That said, what do we know so far about this potentially new Volvo SUV? Let us find out.
Top 5 midsize SUVs: Most features on a base variant
While mid-spec trims remain the most popular choice for new car buyers, striking a balance between features and affordability, base models often get overlooked due to their reputation for being under-equipped. Yet this perception doesn't always hold. Several mid-size SUVs deliver impressively well-appointed base trims that include essential safety tech and feature an infotainment system with Apple CarPlay and Android Auto, a sunroof, and a rear seat armrest, without requiring an upgrade to a higher trim level. We rank the five best-equipped base trims in the mid-size SUV segment, listed in ascending order. Interestingly, some of these models aren't as popular compared to better-selling rivals, but they more than compensate with generous standard features right from the entry point.
Volkswagen compact SUV India launch in mid-2027
Volkswagen India is gearing up to launch an all-new compact SUV by mid-2027, sources tell us. While sister brand Skoda already offers the Kylaq in the hotly contested segment, VW itself has no model in this space. The upcoming model is expected to plug that gap; previously, Volkswagen sold the venerable Polo hatchback and Ameo sedan, both of which were under 4 metres in length. Revised GST rates, especially on compact cars, could also help the carmaker price it aggressively.
BMW i7 crosses the 1,000 unit sales milestone
The BMW i7 flagship electric sedan has crossed the sales milestone of 1,000 units. Launched in 2023 as the brand’s first all-electric sedan, the i7 is the EV counterpart to the ICE-powered 7 Series. It is also BMW’s second-bestselling EV after the iX1 SUV.
Ratan Tata’s iconic cars at Modern Classic Rally 2026
The Autocar India Modern Classic Rally returns to Mumbai this weekend, promising another unforgettable celebration of motoring legends, poster cars and icons. With the static display scheduled to take place on January 31 and the rally set to take off on the morning of February 1 (from the Grand Hyatt, Kalina), the event will once again bring together rare and much-loved modern classic cars, as well as collectors and enthusiasts, for a weekend of high-octane passion and camaraderie.
Renault working on new ‘mini Duster’ as brand’s second compact SUV
Renault has made a big splash with the debut of the new Duster, but the French carmaker is certainly not pinning its hope on this one model to turn around its fortune in India. The company intends to accelerate the pace of introduction of new models, with at least one new launch every year. We know that the Duster will spawn a 7-seater SUV in due course, but that’s not all. The company is also understood to be working on a mini Duster, one that will slot in the compact SUV segment.
Mercedes electric and ICE cars will not be differentiated by design
Mercedes-Benz will not differentiate between its electric cars and combustion-engine models when it comes to design going forward. On the sidelines of the 2026 S-Class facelift’s unveil, Mathias Geisen, member of the board of management at Mercedes-Benz Group AG and head of the sales and customer experience division, said, “Both our ICE and EV models would share the same design.”
7 things to know before buying a KTM 390 Adventure R
KTM India has launched the hardcore, off-road-focused 390 Adventure R in the country. This variant is the most off-road-capable model in the 390 Adventure line-up, featuring long-travel suspension, larger wheels and enhanced ground clearance. If you’re considering one, here are answers to some of the most frequently asked questions.
Jeep confirms new SUV for India in 2027
Jeep India has announced a new 2.0 strategy, intending to enhance its line-up, meet consumer needs and improve the ownership experience. As part of this roadmap, called Strategic Plan Jeep 2.0, the brand will bring an all-new SUV in 2027, its first all-new model in five years, and in the meantime, it will launch special editions of its current range.
10 bikes with tallest seat heights in India
Earlier, we curated a list of ADVs with the lowest seat heights for riders who aren’t confident handling tall motorcycles. This time, we’ve gone in the opposite direction – highlighting motorcycles with the tallest seat heights. These are typically found in off-road and adventure-focused categories, where taller saddles come as a result of their design, offering generous ground clearance, long-travel suspension and a commanding rider’s perch.
New BMW X3 30 xDrive M Sport Pro specifications revealed
BMW has revealed all the specifications of the new X3 30 xDrive M Sport Pro, for which the pre-bookings have now commenced. It is offered with a 258hp 2-litre turbo-petrol engine, making it the most powerful X3 variant in India.
Opinion: Tata Punch, Why Turbo?
“The Tata Punch finally packs a punch.” It’s the kind of headline that writes itself. After all, Tata has introduced a racier iTurbo variant of the Punch, now powered by a 120hp turbo-petrol engine. On paper, this should address the one complaint enthusiasts have had with the Punch since day one – performance.
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📰 International
Tesla ends Model S and X production as Musk pivots company towards robots and AI
Tesla shareholders continue to bet big on chief executive Elon Musk to drive up stock prices, and on his proximity to US President Donald Trump, even as the 54-year-old announced an end to production of two of the company’s popular models, the S and X, and plans to convert its Fremont factory into a manufacturing hub for its Optimus robots.
Elon Musk's Spacex weighs merger with Tesla or xAI ahead of IPO plans
SpaceX is considering a potential merger with Tesla Inc., as well as an alternative combination with artificial intelligence firm xAI, according to people familiar with the matter, a sign billionaire Elon Musk is weighing how to consolidate his empire. The firm has discussed the feasibility of a tie-up between SpaceX and Tesla, an idea that some investors are pushing, the people said, asking not to be identified as the information isn’t public. Separately, they are also exploring a tie-up between SpaceX and xAI ahead of an IPO, some of the people said. Any transaction could attract sizeable interest from infrastructure funds and Middle Eastern sovereign investors, some of the people said. A deal could also potentially require a large financing component, one of them said.
📝 General Motors shift reduction in Canada to cut 500 jobs
📝 Mercedes CEO says details of EU's relaxed EV targets could negate benefits
📝 Dutch lithium supplier AMG seeks to bypass China
📝 Idemitsu to build pilot solid-electrolyte plant for Toyota's EVs
📝 Tesla profit slumps, but investors may not care
📝 California accelerates work on EV rules, tax credits that Trump opposes
📝 Tesla plans $20 bn capital spending spree in push beyond human-driven cars
📝 Chinese brands take nearly 10% of Europe’s car market as EV push accelerates
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