India’s passenger vehicle industry faces a significant slowdown in FY2026, with ICRA projecting modest wholesale volume growth of just 1-4%, a sharp deceleration from the robust double-digit growth witnessed during the post-pandemic recovery years of FY2022-24, and the 8-9% growth seen last year. The conservative outlook comes after the industry already recorded a 1.1% contraction… Continue reading ICRA Predicts Sharp Decline Auto Industry Growth this Year
Author: Autocar_Professional India Online News
TVS Ntorq 150 launch on September 4
Short intro: The TVS Ntorq 150 will launch on September 4, 2025. With this new model, TVS aims to expand its sporty scooter line-up and take on rivals such as the Hero Xoom 160 and Yamaha Aerox 155 in the Indian market, along with Aprilia’s 160cc scooter range. Currently, TVS does not have a liquid-cooled… Continue reading TVS Ntorq 150 launch on September 4
India Car Sales Shows Mixed Signals Ahead of Festive Season as Inventory Builds
India’s passenger vehicle market displayed contrasting trends in July 2025, with wholesale volumes growing 8.9% sequentially while year-over-year growth remained flat at 340,000 units, according to a recent report by credit rating agency ICRA. Original equipment manufacturers (OEMs) are strategically building inventory ahead of the upcoming festive season, resulting in dealer stock levels rising to… Continue reading India Car Sales Shows Mixed Signals Ahead of Festive Season as Inventory Builds
Indian Tyre Industry Seeks Policy Relief Amid Rising US Tariffs
The Automotive Tyre Manufacturers’ Association (ATMA) has raised concerns over the recent imposition of higher tariffs by the United States on tyre imports from India, calling for urgent policy interventions to protect export competitiveness. Under the revised tariff structure, Indian tyre exports to the US now face duties of up to 50% on most categories,… Continue reading Indian Tyre Industry Seeks Policy Relief Amid Rising US Tariffs
TVS Motor Expands Addressable Market With Orbiter to Sustain EV Leadership
In an increasingly competitive electric two-wheeler market where players are preparing to launch more affordable products, TVS Motor Co has strategically broadened its product portfolio to cater to a wider customer base in the crucial sub-Rs 1 lakh price segment and consolidate its market leadership with the new Orbiter priced at Rs 99,900 just ahead… Continue reading TVS Motor Expands Addressable Market With Orbiter to Sustain EV Leadership
Aimtron Electronics to Produce 50,000 IIoT and AI Devices for Vanix Technologies
Aimtron Electronics Limited has announced the commencement of production for 50,000 Industrial Internet of Things (IIoT) and Artificial Intelligence (AI) devices following an order from Vanix Technologies. The order stems from a Memorandum of Understanding (MoU) signed in December 2024, under which Aimtron is expected to manufacture between 250,000 and 2 million IoT devices over… Continue reading Aimtron Electronics to Produce 50,000 IIoT and AI Devices for Vanix Technologies
Yuma Energy Reaches 35 Million Battery Swaps, Expands to 2,000+ Stations in India
Yuma Energy has completed over 35 million battery swaps and established a network of more than 2,000 battery swapping stations across 400 locations in 17 Indian cities, marking a 20-fold expansion since its launch in February 2023. The company now operates one of the fastest-growing Battery-as-a-Service (BaaS) networks in the country. The infrastructure supports two-wheelers,… Continue reading Yuma Energy Reaches 35 Million Battery Swaps, Expands to 2,000+ Stations in India
Updated BMW X5 Prices Start at Rs 1 Crore
BMW has launched the updated 2025 X5 in India, with prices now ranging from Rs 1 crore to Rs 1.15 crore (ex-showroom). This marks a uniform increase of Rs 2.5 lakh across all variants. The previously offered BMW X5 M Sport has been replaced with an even sportier M Sport Pro variant, which brings more… Continue reading Updated BMW X5 Prices Start at Rs 1 Crore
Switch Mobility Delivers First Batch of EiV12 Electric Buses to Delhi Transport Department
Switch Mobility has commenced delivery of the first batch of its Switch EiV12 low-floor electric city buses to the Department of Transport, Delhi, marking a significant step in the capital’s public transport electrification drive. The rollout follows a major order for 950 electric buses awarded to Switch Mobility under a tender issued by Convergence Energy… Continue reading Switch Mobility Delivers First Batch of EiV12 Electric Buses to Delhi Transport Department
Permanent Magnets Subsidiary Enters Joint Venture For Neodymium Magnet Manufacturing
Permanent Magnets Limited announced on August 28, 2025, that its wholly owned subsidiary Quantum Magnetics Private Limited (QMPL) has entered into a joint venture agreement with Singapore-based Lorentic Pte Ltd for manufacturing, marketing and distribution of neodymium magnets and related magnetic assemblies. The joint venture will operate with equal 49.02% shareholding between the partners, with… Continue reading Permanent Magnets Subsidiary Enters Joint Venture For Neodymium Magnet Manufacturing