Stellantis shares plunge after taking €22bn charge on EV push

Premium Digital Complete coverage $75 per month Complete digital access with exclusive insights and industry deep dives on any device. Global news & analysis Expert opinion FT App on Android & iOS FT Edit: Access on iOS and web FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT… Continue reading Stellantis shares plunge after taking €22bn charge on EV push

Bajaj Auto Sells More Electric 3Ws Than Mahindra in January 2026, TVS in Third Place

Thirty-two months after it entered the electric e-wheeler market in India in June 2023, Bajaj Auto has for the first time sold more units (passenger and cargo models combined) in a single month than the market leader Mahindra & Mahindra.  As per the retail sales (vehicle deliveries) data available on the Vahan portal, Bajaj Auto… Continue reading Bajaj Auto Sells More Electric 3Ws Than Mahindra in January 2026, TVS in Third Place

Mahindra to Invest ₹15,000 Cr in Maharashtra Manufacturing Facility

Mahindra & Mahindra announced on February 6, 2026, that it will establish its largest integrated manufacturing facility for automobiles and tractors in Nagpur, Maharashtra, with an investment of ₹15,000 crore over 10 years. The announcement was made at Advantage Vidarbha, a three-day event positioning the region as an industrial growth hub. The facility will be… Continue reading Mahindra to Invest ₹15,000 Cr in Maharashtra Manufacturing Facility

Hero MotoCorp sees double-digit industry growth in Q4; flags slower FY27

Hero MotoCorp Ltd expects the domestic two-wheeler industry to post double-digit growth in the March quarter and moderate to high-single-digit expansion in FY27, supported by GST-led recovery, improving rural demand and traction across scooters and premium motorcycles. India’s largest two-wheeler manufacturer said demand momentum has remained strong since October and is likely to stay firm… Continue reading Hero MotoCorp sees double-digit industry growth in Q4; flags slower FY27

Steelbird International Showcases Automotive Component Portfolio at ACMA Automechanika 2026

Steelbird International participated in ACMA Automechanika New Delhi 2026, displaying its automotive component portfolio at the three-day trade exhibition held from February 5-7 at Yashobhoomi (IICC), Dwarka. The company exhibited rubber components, filtration solutions, and related automotive products at Hall No. 2, Stall No. B50, attracting attention from original equipment manufacturers (OEMs), distributors, and industry… Continue reading Steelbird International Showcases Automotive Component Portfolio at ACMA Automechanika 2026

Talbros Automotive Secures Orders Worth Over Rs 1,000 Crore

Talbros Automotive Components Limited (TACL) and its joint ventures have secured orders valued at over Rs 1,000 crore from leading original equipment manufacturers (OEMs) for both domestic and export markets. The orders are scheduled to be executed over the next five years, with commercialization beginning in FY27. The company disclosed the development through a regulatory… Continue reading Talbros Automotive Secures Orders Worth Over Rs 1,000 Crore

Hyundai Motor India Launches Nationwide ‘Always Around’ Campaign

Hyundai Motor India Limited has announced a nationwide campaign titled ‘Hyundai Always Around’, scheduled for February 8, 2026. The one-day event will provide customers with comprehensive automotive services at Hyundai dealerships across the country. The campaign is designed to offer multiple services under one roof, including vehicle sales, servicing, assessments, and exchange solutions. Both existing… Continue reading Hyundai Motor India Launches Nationwide ‘Always Around’ Campaign

Minda Corporation Reports Record Quarterly Revenue of Rs 1,560 Crore in Q3 FY2026

Minda Corporation Limited, the flagship company of Spark Minda, announced its financial results for the quarter ended December 31, 2025, reporting its highest-ever quarterly consolidated revenue of Rs 1,560 crore, marking a year-on-year growth of 24.6% and a sequential growth of 1.6% over the previous quarter. The auto component manufacturer’s operating profit (EBITDA) reached Rs… Continue reading Minda Corporation Reports Record Quarterly Revenue of Rs 1,560 Crore in Q3 FY2026

DEP and AVL Partner to Distribute MeshWorks CAE Platform in US and Europe

Detroit Engineered Products (DEP) and AVL have announced a strategic partnership that will see AVL distribute DEP’s MeshWorks CAE platform to mobility companies across the United States and Europe. The collaboration, announced on February 6, 2026, combines MeshWorks with AVL EXCITE™ to create an integrated toolchain designed to optimize propulsion design cycles. The solution enables… Continue reading DEP and AVL Partner to Distribute MeshWorks CAE Platform in US and Europe

4500 miles in a Volvo EX30: How I learned to love it

Which often leads me to panic and think I’m not indicating. Now, these systems are mandatory and yes, they can be turned off – and very few car firms have really nailed them.  But I have encountered better implementation in cars from other manufacturers, which, given Volvo’s reputation for safety, feels a bit odd. If… Continue reading 4500 miles in a Volvo EX30: How I learned to love it