Top Indian Automobile Industry News & Updates - 20 March 2026,Friday
🏢 Industry
India's auto boom at risk as Iran-Israel war chokes gas supplies, straining supply chains
India's auto boom at risk as West Asia conflict disrupts gas supply
Nirmal Bang picks Maruti, M&M as auto sector corrects; flags gas risks
📝 India to invite bids for ₹7,280 crore rare earth magnet manufacturing scheme on March 20
📝 Delhi EV policy explained: Up to ₹1 lakh incentive, 100% exemption on road tax till 2030 to boost clean mobility
📝 Long-pending EV subsidies being released
📝 Vehicle registrations drop 10% this year during Gudi Padwa
📝 Energy crisis may accelerate EV uptake, sharpen focus on ethanol blending
📝 National Mobility Summit: Policymakers call for tech-driven urban transport system
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🚗 ICE Car/SUV
Skoda Auto India keeps foot on the pedal, targets 10-12% growth
Škoda Auto India expects to grow its volume sales by 10–12 per cent in 2026, outpacing the broader passenger vehicle (PV) market despite a high base created by its record performance last year, its Brand Director Ashish Gupta told Business Standard on Thursday.
The ‘gamble’ that built a kingdom: How Anand Mahindra ignored the critics to forge the Scorpio legend
In a world where many entrepreneurs struggle to build and sustain businesses, Anand Mahindra’s philosophy is a unique one. He is knows for his calm and practical approach, the billionaire chairman of the Mahindra Group has helped grow his family’s small steel business into a global company.
📝 Tata Motors Sierra secures 5-star BNCAP safety rating
📝 In driver's seat first-time buyers rev up sales as tax cut makes cars affordable
📝 2026 Kia Carens Clavis brings new GT-Line, X-Line trims and added features
📝 New Renault Duster Hybrid sold out for 2026
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Electric Car/SUV
📝 Mahindra announces buyback offer for 1st batch owners of BE 6 Batman Edition
📝 Bollywood actor Boman Irani takes delivery of Mahindra XEV 9S
📝 Kia Carens Clavis EV gets more variants, 6-seater choice: Key details
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🚗 Luxury
BMW India to hike vehicle prices by up to 2% from April 1
Rupee slump hits luxury cars: BMW follows Mercedes and Audi with April price hike
New Indian Express
Audi launches SQ8 at Rs 1.78 cr
SQ8, available in India at an introductory price of Rs 1.78 crore (ex-showroom), occupies a singular position in the Audi Q8 line-up — blending exhilarating performance and everyday practicality in a single package.
No gain from India-EU FTA as plug-in hybrids not included: Lamborghini CEO
📝 India luxury car demand resilient despite West Asia crisis: Lamborghini
📝 BMW unveils next-gen i3 sedan with up to 900 km range
📝 Mini Cooper S Victory edition launched in India at Rs 57.5 lakh
📝 New Lexus ES India launch today: Expected price, features
📝 BMW Neue Klasse i3 electric sedan revealed: 469 hp, 900 km range & more
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⛟ Commercial Vehicles
Ahmedabad, Surat, Hyderabad ready to roll out e-buses under PM E-DRIVE, with a budget allocation of ₹4,391 crore
New Delhi: Ahmedabad, Surat and Hyderabad have issued letters of award to the bid winners, including PMI Electro, EKA Mobility, and Olectra for the electric buses (e-buses) under the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, sources in the government told businessline adding that the allocation for Delhi is also expected soon.
Organised bus travel gains pace on tier-2, 3 routes
Rising demand from tier-2 and tier-3 cities is emerging as a key driver of growth in India’s intercity bus market, with technology-led platforms such as IntrCity SmartBus scaling up to tap this opportunity.
📝 TVS Motor upgrades customer support programme for TVS King three-wheeler range, adds personal and family protection
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🏗 Construction & Agriculture
Tractor makers gear up ₹6,000 crore capex amid flat growth, eye exports and tech
India’s tractor makers are preparing to invest up to ₹6,000 crore in FY27, even as domestic sales growth slows to 0–2 per cent, a counter-cyclical bet that signals a break from the sector’s monsoon-linked demand cycles, with manufacturers using the slowdown to pivot toward exports, technology, and global platforms rather than conserve capital.
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🏍 EV/ICE Two Wheelers
Falling sales, revenue prompts Ola Electric to cut R&D funds to pay debt, again
Ola Electric Mobility Ltd is dipping into the funds it raised for innovation to pay off its debt, the latest sign of stress for the Indian electric vehicle (EV) maker as it struggles with slumping sales and stalled fundraising efforts.
📝 Ola Electric rolls out Navratri discount offer, expands upgrade programme
📝 HMSI to invest Rs 1,500 crore on new production line at Tapukara plant
📝 Bajaj Auto reappoints Pradeep Shrivastava as Executive Director for five years
📝 MATTER crosses 100 granted patents in EV two-wheeler segment
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⚙ Components
📝 Samvardhana Motherson to form JV with Hellmann for global automotive logistics solutions
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🌇 Allied Industries
📝 Nawgati to power PDAP AGM 2026 as title sponsor in Pune
📝 Cosmo Consumer forays into automotive ceramic coating segment with Cosmo Guard
📝 Entire domestic demand for lithium-ion battery materials met through imports: MoS Heavy Industries
📝 Zenergize, Infineon partner to integrate semiconductor technology in power-electronics products
📝 Lauritz Knudsen ties up with Orion Racing India to support EV engineering talent
📝 Auto colour goes beyond aesthetics to shape consumer choice, sustainability, says BASF Coatings ahead of International Colour Day
📝 India's semicon market to reach $300 bn by 2035: Report
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🌢 Fuels, Lubricants
Crude oil futures rise ₹74 to ₹9,067 per barrel; Brent touches $116
Crude oil prices rose ₹74 to ₹9,067 per barrel in futures trade on Thursday amid geopolitical tensions in West Asia and concerns over supply disruptions.
Auto stocks fall up to 5% on oil price rise, Fed pause; brokerages cautious
Oil spikes over $110 amid West Asia crisis; India holds fuel prices steady
📝 Asia's Russian fuel imports poised to hit all-time high due to Middle East disruption
📝 Oil rises 3% after Iran strikes Middle East energy facilities
📝 Electric vehicles avoided oil consumption equivalent to 70% of Iran’s exports in 2025: Ember
📝 Why aren’t petrol prices rising in India despite global crude surge?
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EV Charging
EV charging point not source of Indore fire that killed 8: Survivor
Indore: A survivor of the house fire that killed eight members of an extended family here rejected on Thursday what he termed a “false narrative” about the blaze originating at an EV charging point and electronic locks preventing firefighers from getting into the three-story building. Polymer businessman Manoj Pugalia’s son Saurabh, one among four survivors of the tragedy, said the family’s EV hatchback wasn’t even connected to the charging point when the blaze started around 3.30am Wednesday. “Since the car charger wasn’t connected to the power source, it is unclear how a short circuit could occur at the charging point,” he told reporters.
📝 FADA urges more charging stations in Bhopal
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🌍 Emissions/Environment
📝 Fuel ban planned for non-PUC vehicles
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💸 Finance & Insurance
📝 Navi forays into motor insurance with zero-commission digital offering
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📖 Magazines
📝 Ducati Scrambler price and variants explained
📝 Kia updates Carens Clavis with new variants, added features
📝 Mini Cooper S Victory Edition launched in India at Rs 57.5 lakh
📝 Renault Duster vs Kia Seltos: Who's top trim offers more?
📝 First BMW Alpina models to be based on 7 Series, X7
📝 Bentley's debut EV won't be re-engineered to fit ICE powertrains
📝 Audi Q8 vs SQ8 vs RS Q8 Performance Variants comparison
📝 5 things to know before buying the TVS Orbiter V1
📝 All you need to know about the new Lexus ES ahead of launch
📝 TVS Apache RR 310: Across the Rann
📝 Volkswagen reveals key specs of the ID Cross ahead of launch
📝 Renault Duster vs Tata Sierra: Whose top trim has more features?
📝 Audi Q9 to replace the A8 as the brand's new flagship
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📰 International
Lamborghini 2025 profit dented by US tariffs and EV U-turn
Milan: Italian sports carmaker Lamborghini on Thursday reported weaker 2025 earnings despite record revenue, after U.S. tariffs, currency moves and charges related to scrapping its announced first fully electric vehicle weighed on the results.
📝 Uber to invest up to $1.25 billion in Rivian as part of robotaxi deal
📝 Mystery AI model suspected to be DeepSeek V4 is revealed to be from Xiaomi
📝 NHTSA deepens probe into Tesla's driver-assistance system
📝 Musk says Tesla may 'tape out' next-generation AI6 chips in December
📝 Lamborghini revenue rises to record €3.2 bn in 2025, margins slip on tariff hit
📝 Audi clocks €65.5 billion revenue in 2025 on higher EV sales
📝 Aumovio foresees stable 2026 profitability in troubled auto market
📝 Audi A2 to be revived as an entry-level compact EV; three new SUVs in the works
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