In a major push to generate employment and formalize India’s workforce, the Union Cabinet Modi approved the Employment Linked Incentive (ELI) Scheme, with a total outlay of ₹99,446 crore. The scheme aims to create over 3.5 crore new jobs across sectors over two years, with a strong focus on the manufacturing sector and first-time employees.… Continue reading Cabinet Approves ₹1 Lakh Crore Employment Linked Incentive Scheme
Author: Autocar_Professional India Online News
Tata Motors sells 123,839 cars and SUVs in Q1 FY2026, EV sales pick up for second straight month
Tata Motors today announced its wholesales for June 2025 and the first quarter of FY2026. At 37,083 passenger vehicles sold last month, year-on-year sales were down 15% (June 2024: 43,524 units). This is the third month in a row that sales have declined and June numbers are also the lowest since April 2025 (see data… Continue reading Tata Motors sells 123,839 cars and SUVs in Q1 FY2026, EV sales pick up for second straight month
Tata Motors sells 123,839 cars and SUVs in Q1 FY2026, EV sales pick up for second straight month
Tata Motors today announced its wholesales for June 2025 and the first quarter of FY2026. At 37,083 passenger vehicles sold last month, year-on-year sales were down 15% (June 2024: 43,524 units). This is the third month in a row that sales have declined and June numbers are also the lowest since April 2025 (see data… Continue reading Tata Motors sells 123,839 cars and SUVs in Q1 FY2026, EV sales pick up for second straight month
Tata Motors sells 123,839 cars and SUVs in Q1 FY2026, EV sales pick up for second straight month
Tata Motors today announced its wholesales for June 2025 and the first quarter of FY2026. At 37,083 passenger vehicles sold last month, year-on-year sales were down 15% (June 2024: 43,524 units). This is the third month in a row that sales have declined and June numbers are also the lowest since April 2025 (see data… Continue reading Tata Motors sells 123,839 cars and SUVs in Q1 FY2026, EV sales pick up for second straight month
TVS Motor Streamlines European E-Bike Operations with Merger of Swiss Subsidiaries
TVS Motor Company announced a strategic restructuring of its European operations through the merger of three of its Swiss-based subsidiaries with Swiss E-Mobility Group (Holding) AG (SEMG Holding). The move is aimed at simplifying the group structure, driving operational synergies, and optimizing costs across its international electric mobility portfolio. The subsidiaries involved in the merger… Continue reading TVS Motor Streamlines European E-Bike Operations with Merger of Swiss Subsidiaries
TAFE and AGCO Reach Settlement on Brand Ownership, Shareholding, and Commercial Agreements
Tractors and Farm Equipment Limited (TAFE) has reached a comprehensive settlement with AGCO Corporation covering brand ownership, equity shareholding, and commercial arrangements. This agreement brings clarity to ongoing matters between the two companies. As part of the settlement, TAFE will become the sole and exclusive owner of the Massey Ferguson brand across India, Nepal, and… Continue reading TAFE and AGCO Reach Settlement on Brand Ownership, Shareholding, and Commercial Agreements
Maruti Suzuki Sales Decline in June, Exports Hit Record High
Maruti Suzuki India Limited reported total sales of 167,993 units for June 2025, reflecting a year-on-year decline from 179,228 units sold in June 2024. Despite the dip in overall numbers, the company recorded its highest-ever monthly exports, reaching 37,842 units during the month. Domestic passenger vehicle (PV) sales stood at 118,906 units in June 2025,… Continue reading Maruti Suzuki Sales Decline in June, Exports Hit Record High
Atul Auto Reports Mixed June Sales Performance Amid EV Segment Decline
Atul Auto Limited, a leading three-wheeler manufacturer based in Gujarat, reported mixed sales performance for June 2025, with conventional internal combustion (IC) engine vehicles showing strong growth while electric vehicle segments experienced significant declines. The company’s domestic sales of IC engine three-wheelers surged 19.03% year-on-year to 1,889 units in June 2025, compared to 1,587 units… Continue reading Atul Auto Reports Mixed June Sales Performance Amid EV Segment Decline
Hyundai Motor India Reports 13% Year-on-Year Growth in Exports in Q1 FY2026
Hyundai Motor India Limited (HMIL) recorded total sales of 60,924 units in June 2025, comprising 44,024 units in the domestic market and 16,900 units in exports. For the April–June quarter of FY2026, HMIL reported cumulative sales of 1,80,399 units, including 1,32,259 units sold domestically and 48,140 units exported. SUVs made up 67.6% of Hyundai’s domestic… Continue reading Hyundai Motor India Reports 13% Year-on-Year Growth in Exports in Q1 FY2026
RamKrishna Forgings Plans Chennai Forged Wheel Manufacturing Facility
Ramkrishna Forgings is set to enter the forged wheel manufacturing sector, with plans to establish a new production facility in Chennai, a senior company official told PTI. The automotive components manufacturer is developing a manufacturing plant with an annual production capacity of 228,000 forged wheels, according to company officials. The project represents a significant expansion… Continue reading RamKrishna Forgings Plans Chennai Forged Wheel Manufacturing Facility