Top Indian Automobile Industry News & Updates - 24 March 2026,Tuesday
🏢 Industry
Strong execution to drive market share gains for M&M
Mahindra & Mahindra’s Passenger vehicles (PVs) continue to see strong momentum, with volumes up about 19% FY26 YTD, led by new launches and sustained demand for SUVs. The light commercial vehicle (LCV) segment has also remained resilient, posting about 17% YTD growth, supported by a healthy replacement cycle. In the farm segment, tractor demand remains robust, growing about 23% FY26 YTD. The auto major noted that demand has not shown any consistent historical correlation with El Niño conditions, with the monsoon continuing to be the most critical variable to watch going forward.
Niti Aayog retools Feb 10 transport report after Auto Inc pushback
Source Credit: Deepak Patel, Business Standard
New Delhi: NITI Aayog has quietly revised its February 10 transport sector report, uploading an updated version on its website without a formal announcement after major automobile companies objected to several assumptions and definitions, Business Standard has learnt.
Mahindra flags Rs 5,000 crore CAFE 3 risk
Mahindra & Mahindra has said the proposed Corporate Average Fuel Efficiency (CAFE 3) norms could expose the company to annual penalties of up to Rs 5,000 crore, flagging concerns over the pace of transition required under the draft rules. In a letter to PK Mishra, principal secretary to the Prime Minister, Group CEO and Managing Director Anish Shah has said the emission targets appear “unrealistic”, with internal estimates indicating a steep scale-up in electric vehicle (EV) sales over a short period.
Tata Motors, BMW, Mercedes set to increase prices from April 1 as Iran war rages
If you are planning to buy a car, get set to pay a little extra, come April. This is because several leading car manufacturers have hiked car prices as a result of the steep increase in raw material prices as a result of the ongoing war between Iran and the US.
📝 Last call before car prices climb: Automakers set for another round of hikes in April
📝 India’s EV push hits charging infra roadblock
📝 Why Tesla is eyeing India's energy storage sector
📝 CAFE 3.0 rollout: Penalty recovery for carmakers remains a grey area
📝 ₹2,500 crore GST compensation cess stuck, auto dealers seek clarity ahead of Supreme Court hearing
📝 Delhi vehicle count rises 7.9 per cent to 87.6 lakh in 2025-26: Economic Survey
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🚗 ICE Car/SUV
📝 Toyota Kirloskar Motor introduces tech package for Urban Cruiser Hyryder at ₹29,499
📝 3 things the Skoda Kushaq facelift gets right, and 3 it could improve
📝 Honda Amaze March 2026 discounts: Offers of up to ₹57,000
📝 Honda City gets benefits worth ₹3 lakh, offer valid till 31st March
📝 Skoda Slavia facelift spied testing: New design, changes explained
📝 Mahindra Thar 3-door facelift spied: Roxx inspired styling & more
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🚗 Luxury
📝 Volvo Cars cuts CO2 emissions per vehicle by 31% from 2018 baseline
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⛟ Commercial Vehicles
Govt to deploy 10,000 AC E-buses in 116 cities by 2027; 35,000 more planned
EKA Mobility bags order for 915 e-buses in Hyderabad
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🎤 Interviews & Features
📝 3M India eyes steady expansion of Car Care Studios, focuses on localisation, efficiency
📝 How driving behaviour, And not vehicle size, is defining danger on Delhi roads
📝 Here are 5 things that Renault Duster does better than any rival in the compact SUV space
📝 How to keep your car in good condition during extreme heat: Simple tips
📝 Hyundai Verna facelift vs Honda City: Price, engine & specs compared
📝 Crucial things to check before taking delivery of a new car
📝 Renault Duster vs Skoda Kushaq facelift: Pricing, engine compared
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🏍 EV/ICE Two Wheelers
Bajaj’s CNG bet falters as ecosystem gaps widen
When Bajaj Auto rolled out the Freedom 125, it pitched the motorcycle as a disruptive answer to rising fuel costs in the commuter segment. For a brief moment, the proposition appeared to resonate. Monthly sales climbed to 12,167 units in November 2024, signaling early traction for what was billed as the world’s first CNG motorcycle.
📝 Suzuki Motorcycle India hosts the V-Strom SX Experience Day in Chennai
📝 `It’s not a zero-one situation’ for India’s 2-wheeler industry: Gaurav Gupta of TVS
📝 Triumph's 350 cc motorcycle range to launch in 1st week of April
📝 5 things to know before buying the TVS Orbiter
📝 Kawasaki Z650RS gets a discount of ₹34,000, now priced at ₹7.49 lakh
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⚙ Components
Auto component makers bet on lightweight parts to ease EV range anxiety
New Delhi: India's auto parts makers are betting on lightweight components as a key growth frontier, as automobile companies intensify efforts to improve electric vehicle (EV) efficiency and driving range, analysts said.
Bosch, Tata AutoComp form equal-share JV to make eAxle systems in India
Bosch, Tata AutoComp form joint venture to boost India's e-mobility push
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🌇 Allied Industries
India’s natural rubber demand set to grow 3.6%, driven by auto, EV sectors: AIRIA
Kochi: India’s natural rubber demand is expected to grow by around 3.6 per cent this year, outpacing several global markets, driven by rising consumption from the automotive and electric vehicle sectors, infrastructure development, and expanding export opportunities.
Bridgestone bets on India with capacity, R&D expansion
India is set to anchor Bridgestone’s next phase of global growth, with the tyre major stepping up investments in manufacturing, technology and distribution. “India is among the top five global markets for Bridgestone and a key focus area for investment and growth,” said Rajarshi Moitra, managing director, Bridgestone India, highlighting the country’s strategic importance.
📝 Bridgestone looks to sustain growth momentum in India: MD
📝 PeakAmp, Chargeup partner to streamline EV battery lifecycle management
📝 Hindustan Zinc expands pact with Tata Steel to scale low-carbon zinc use in steelmaking
📝 India-EU trade pact to better tech access
📝 Software, AI to drive next phase of mobility evolution: Matter CEO
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🌢 Fuels, Lubricants
Ethanol producers urge government to increase blending
The All India Distillers Association (AIDA), the apex body for ethanol, bio-energy and potable alcohol, has urged the government to enhance ethanol blending from 20 per cent to 30 per cent and promote its wider adoption across transport, including flex-fuel vehicles as well as domestic and industrial cooking applications.
Will India buy Iranian oil after US sanctions waiver? Depends on refiners’ techno-commercial feasibility, says Govt
Indian refiners will decide on buying Iranian crude oil based on techno-commercial feasibility, a senior Petroleum Ministry official said Monday. Amid the raging West Asia war, the US on Saturday suspended for a month the sanctions on Iranian crude already loaded on tankers in a bid to allow as many barrels of oil as possible to flow into the international market to improve the global oil supply situation and curb spiralling crude oil prices.
Iran war: Why India must step on the gas with ethanol
In November 1975, two years after the first global oil shock courtesy of the Arab-Israeli ‘Yom Kippur’ War, Brazil launched a Proálcool programme, aimed at reducing the country’s dependence on imported fuels.
Beyond fuel: How your daily life depends on oil flowing through Hormuz
Biogas body seeks phased CBG blending, diesel phase-down in Delhi
Oil prices drop, dollar weakens: Top 5 developments after Trump's big move
Crude oil rises ₹359 to ₹9,617 per barrel on Iran war, supply concerns
📝 India's strategic oil reserves about two-thirds full: Minister
📝 Kolkata hit by auto shortage as fuel costs rise
📝 Nawgati launches Aaveg Pro platform to digitise fuel retail operations
📝 CII seeks faster fuel shift, gas allocation transparency
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EV Charging
📝 New Delhi EV policy may rope in private players to boost EV charging network
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🌍 Emissions/Environment
📝 ‘Systemic Failure’: CAQM calls out polluting units
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💸 Finance & Insurance
📝 LetzRyd raises $4 million led by JIF Capital to scale fleet platform
📝 How to buy Maruti Suzuki cars in 2026 with a car loan? A buyer's guide
📝 ₹80,000 crore in motor accident claims stuck as compensation system fails victims: Report
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📖 Magazines
📝 Lamborghini to debut four new cars in 2026
📝 TVS Ronin cafe racer patented in India
📝 Which Kia Carens Clavis variant should you buy?
📝 Hyundai Exter new vs old: Differences explained
📝 Mahindra Thar 3-door facelift spied with Roxx-like design details
📝 Which variant of Hyundai Exter facelift should you buy?
📝 Bimota KB399 unveiled as Kawasaki Ninja ZX-4RR-based premium middleweight
📝 Which Kia Carens Clavis EV variant should you buy?
📝 Triumph 350cc bikes to launch on April 6-7
📝 Ducati Desmo450 MX Ridden: The Wild Child
📝 5 things to know before buying the KTM 160 Duke
📝 Pros and Cons of the 2026 Renault Duster explained
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📰 International
Oil prices not high enough to cause demand destruction: US energy chief
Global oil prices have not climbed enough to cause demand destruction, US Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference in Houston, Texas, even as markets continued to gyrate and global oil prices remained over $100 a barrel due to the US-Israel war on Iran. Wright’s remarks come amid one of the worst energy crises in decades following the closure of a key shipping channel and attacks on energy infra- structure in the West Asia that have sustained long-term damage.
📝 Bentley posts €2.6 bn revenue in 2025, resilient despite drop in deliveries
📝 Saudi Aramco cuts oil supply to Asia for second month in April
📝 German court to rule in climate case against automakers
📝 VinFast fourth-quarter loss widens, aims to restart US plant construction
📝 Toyota tender offer for Toyota Industries closes, results due Tuesday
📝 Some US car buyers envy what they cannot have - affordable Chinese EVs
📝 What to know about electric cars when gas prices are surging
📝 This Corvette's a hybrid, but it's built for raw power, not efficiency
📝 Global carmakers scale back EV plans as demand shifts, policy support weakens
📝 Google’s Waymo CEO Tekedra Mawakana says driverless cars will open up new jobs
📝 TotalEnergies CEO predicts 'very high' LNG prices by summer if Strait of Hormuz not reopened
📝 BMW M3 going electric? Spy shots reveal M3 getting Neue Klasse treatment
📝 Japan Petroleum Association eyes North America for crude supply options
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