Top Indian Automobile Industry News & Updates - 03 March 2026,Tuesday
🏢 Industry
Fabulous February for auto sales. Which segment is better placed: CVs or PVs?
Most other auto companies did well, with the notable exception being Maruti Suzuki India Ltd, with domestic PV sales flattish at 161,000. The small car (mini plus compact) segment declined by 8% year-on-year to 76,624 units even as utility vehicles rose 12% to 72,756 units. Small car sales had declined in January, too, down by 10%.
Tata Motors, M&M, and JSW MG oppose Niti Aayog's transport report
Indian auto firms on a wait-and-watch as West Asia crisis blows up
Exports drive Hyundai’s growth
📝 How Indians are becoming comfortable with electric mobility
📝 Tata Technologies, WITTENSTEIN partner to boost software-defined vehicle development
📝 India’s semiconductor market to hit $103 billlion by 2030, fuelled by AI, EVs, and defence
📝 Bajaj Auto sales up 27% at 4,48,259 units in February
📝 Auto sales momentum continues in February; Tata jumps 34%, Hero up by 45% YoY
📝 Govt unveils new EV drive tech in India: Could cut imports and costs
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🚗 ICE Car/SUV
Why the same car costs differently across Indian cities: Understanding On-Road Pricing
New Delhi: India's passenger vehicle market hit an all-time high of 4.3 million units in FY 2024-25, according to data from the Society of Indian Automobile Manufacturers (SIAM). With more Indians buying cars than ever before, a common point of confusion persists -- why does the same car cost significantly more in one city compared to another?
📝 Cars24 partners with OpenAI to deploy AI-driven automotive intelligence
📝 Nissan Motor India sales up 23% in February
📝 Maruti Suzuki’s Brezza completes 10 years in India
📝 Top 7 highest-selling car brands of February 2026
📝 Maruti Suzuki sells 2.13 lakh units in February 2026, domestic sales stand at 1.74 lakh units
📝 New-gen Hyundai Creta spied again, will offer Boss Mode
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Electric Car/SUV
Want to buy Mahindra XEV 9e Cineluxe Edition? Top 2 facts to know before booking
Mahindra XEV 9e has been a key model in making the homegrown auto giant a major player in the Indian electric passenger vehicle market. Under the Born Electric series, Mahindra introduced this model, which, alongside its more affordable sibling BE 6, has become a key revenue churner for the brand. While the Mahindra BE 6 has already received a few special editions to boost its appeal, the automaker has now introduced a special edition of the Mahindra XEV 9e.
Electric 4-wheeler registrations grow 50% YoY in February led by Tata
Tata Motors leads
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🚗 Luxury
Mini Cooper S Victory Edition in mind? Key facts buyers must know
Mini India has opened pre-launch bookings for the Mini Cooper S Victory Edition in the country. The British luxury car marque has commenced accepting pre-bookings for the model on February 27. Slated to be available in a limited number, the new Mini Cooper S Victory Edition is based on the Mini Cooper S JCW Pack. Also, with this model, the automaker has tried to pay tribute to the 1965 Monte Carlo Rally-winning Mini.
2026 Mercedes-Benz V-Class: Top 5 facts the luxury MPV enthusiast in me loved
Mercedes-Benz India has brought back its flagship MPV Mercedes-Benz V-Class in the country after a long hiatus. The luxury MPV that aims squarely at the Toyota Vellfire and Lexus LM in its segment comes with refreshed styling, additional features, as well as petrol and diesel engine options. The German luxury car giant will assemble the V-Class at its Chakan factory in India.
Merc India expects sales growth in FY27
German premium car maker Mercedes-Benz India on Monday said it is hopeful of posting growth in its vehicle sales next fiscal, though it may not be in double digits, as it rolled out a locally-assembled V-Class luxury MPV, priced at ₹1.4 crore.
Mercedes-Benz India launches V-Class LWB at ₹1.4 crore, to start local production
Mercedes turns to localisation to lower entry price in luxury van segment
📝 The Oberoi Concours d’Elegance concludes in Udaipur
📝 Mercedes-Benz V-Class vs Toyota Vellfire: Specs, price & more compared
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⛟ Commercial Vehicles
Keto Motors to go public via Taza reverse merger, Tron Energy picks 10% stake
Mumbai: Electric three-wheeler OEM Keto Motors is preparing to go public through a reverse merger with listed entity Taza International, even as it brings in Taiwan’s Tron Energy Technology as a strategic investor and technology partner to enter India’s supply-constrained electric bus segment.
Ashok Leyland sales rise 24% to 22,157 units in Feb on strong demand
📝 GreenCell Mobility to deploy 75 e-buses in Puducherry in clean transport push
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🎤 Interviews & Features
📝 Why EV adoption in India is slow and uneven
📝 Do black cars get hotter than white cars in summer? Explained
📝 New Toyota Fortuner spotted in muscular, massive avatar: Check images
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🏗 Construction & Agriculture
Mahindra to exit non-viable Japan agri-machinery business
📝 Mahindra Group looks to corner 25% share in rotavator segment
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🏍 EV/ICE Two Wheelers
Yamaha XSR 155 gets a price hike
The standard blue finish remains the most accessible option in the lineup and continues at ₹1.50 lakh, ex-showroom. Meanwhile, the red shade now costs ₹1.53 lakh. The silver paint option has gone up to ₹1.57 lakh, while the green and bronze combination with white detailing sees the highest asking price at ₹1.59 lakh. Apart from this, the brand has introduced a new Metallic Black colour scheme as well which is also priced at ₹1.59 lakh. All prices mentioned are ex-showroom, Delhi.
Two-wheeler sales rise 35% in February on low base, GST-led recovery
The domestic two-wheeler industry reported a sharp 35% year-on-year rise in February, aided by a weak comparison base last year and improved demand conditions following the Goods and Services Tax (GST) reduction announced in the second half of 2025.
Bounce bags $5million to expand electric fleet for gig workers
Bengaluru-based electric mobility startup Bounce has raised $5 million in an internal funding round to expand its electric scooter fleet for gig workers across India.
Ola Electric shares tank 16%, hit record low; stock down 86% from peak
Bajaj Auto sales up 27% at 448,259 units in February on strong demand
Honda Motorcycle & Scooter India sales up 34% at 567,351 units in Feb
📝 Ola Electric introduces ‘Ola Insiders’ community programme with benefits up to ₹50,000
📝 Yamaha XSR155 now available in new Metallic Black shade
📝 Yezdi Roadster Red Wolf launched at ₹2.09 lakh with neo-retro design details
📝 Ola Electric slips out of top five in February market share; shares hit all-time low
📝 Feb ’26 Two-Wheeler Sales: Splendor, Activa, Classic 350 lead sales
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⚙ Components
Iran-Israel war: India’s auto parts sector notes delay in supply to EU
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🌇 Allied Industries
📝 Delhivery rolls out SmartAssist to simplify shipment lifecycle management
📝 China-weary Indian carmakers seek out other lithium-ion suppliers
📝 Ghost vehicles on Gujarat roads: Thousands drive without number plates
📝 Why car tyres burst in summer and how to prevent it: Easy tips
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🌢 Fuels, Lubricants
Saudi Arabia's Aramco Ras Tanura refinery hit by drone strike, shuts down; Brent Crude rises 9%
Saudi Arabia's Aramco, the state oil giant, shut down its Ras Tanura oil refinery on Monday as a precautionary measure after an Iranian drone strike caused a fire at the facility, Reuters and Bloomberg report. An industry source told Reuters that the situation was under control.
No petrol, diesel price hike despite global oil prices spiking to $80
International oil prices rose about 9 per cent following US and Israeli attacks on Iran and retaliatory strikes by Tehran, but retail petrol and diesel prices in India are unlikely to be increased in the near term, sources said.
Petrol up 5.7%, LPG jumps 10% in February; diesel rises 4.4%
India’s fuel demand picked up pace in February 2026, with petrol consumption rising 5.74% year-on-year to 3,356 thousand metric tonnes (TMT) and LPG registering a sharp 10.16% jump, while diesel demand grew 4.44%, according to the flash data report released by the Petroleum Planning and Analysis Cell (PPAC).
India most vulnerable to prolonged disruptions to West Asian oil: Analysts
India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the West Asia conflict leads to a prolonged disruption in shipments from the region, mainly because of its thin reserves, analysts said.
Russian crude back in focus for India as Iran war squeezes supply
50% oil via war zone; $10 rise = $14bn hit, Russian cargoes back in focus
The Financial Express
India assesses fuel supply situation as Middle East tensions rise
📝 Major Saudi refinery, Kurdish and Israeli oil, gas fields shut amid Middle East strikes
📝 India’s oil imports from Russia fell to 44-month low in January 2026, Gulf countries saw rising share
📝 LNG prices surge by 50% in Europe after Qatar shuts world's largest gas plant
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EV Charging
How India's EV strategy must change: Put customers first, technology next
The relatively slow penetration of the EV sector in the Indian automobile market is not an industrial policy problem. It is not about lack of capital nor government incentives. The root cause is that the industry is missing insights into the person it is intended for — the customer — and how he adopts a new idea.
📝 Tata partners with Hopcharge to offer doorstep EV charging solutions in NCR
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📖 Magazines
📝 Maruti Brezza turns 10: A look back at the brand’s first compact SUV
📝 How Iran-Israel-US conflict could impact India’s auto industry
📝 Everything you need to know about the new Mercedes-Benz V-Class
📝 Yezdi Roadster Red Wolf edition launched at Rs 2.10 lakh
📝 Price, specs, features compared: Mercedes-Benz V-Class vs rivals
📝 February 2026 car sales: Tata narrowly edges past Mahindra to grab second spot
📝 Global oil prices rise amid US-Israel-Iran conflict
📝 TVS Motor leads electric two-wheeler sales in February 2026
📝 Mercedes-Benz launches new V-Class at Rs 1.4 crore
📝 February 2026 EV Sales: Tata Motors leads; Mahindra posts sharp YoY surge
📝 Yamaha XSR 155 gets new Metallic Black colour option
📝 Greaves Electric Mobility outsells Ola for the first time in February 2026
📝 Yamaha XSR155 vs TVS Ronin: Price and specification comparison
📝 Yamaha XSR155 price hiked
📝 How BPCL’s Speed 100 protects and enhances your drive
📝 Hero Pleasure+ price and variants explained
Read More >>
📰 International
📝 BYD February vehicle sales fall at steepest pace since pandemic
📝 Tesla gains market in France, Norway in February
📝 Elliott agrees to Toyota's increased $30 billion tender offer for Toyota Industries
📝 Chinese automakers lose ground in Europe after record 2025 finish
📝 Showdown looms between Tesla, German union
Read More >>
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