The Union Budget 2025 announced on Saturday managed to maintain a healthy budgetary outlay towards capital expenditure at Rs 11.2 trillion (Rs 11.2 lakh crore) in FY2026, as compared to Rs 10.2 trillion (Rs 10.2 lakh crore) in FY2025, implying a growth of 10.1% YoY. Furthermore, the government’s focus on fiscal consolidation, despite continuing its… Continue reading CV Makers Applaud Budget 2025’s Focus on Infra-Spending
Tag: Tata
Clean Technica: Concerned About US EV Tax Credit Going Away? Lease Any EV Today! Or Buy One Of These 15.003835
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! At the moment, the US Department of Energy (DOE) and Environmental Protection Agency (EPA) indicate that the following fully electric vehicles are eligible for the $7,500 US ZEV tax credit: Acura ZDX Cadillac LYRIQ Cadillac OPTIQ Chevrolet Blazer EV… Continue reading Clean Technica: Concerned About US EV Tax Credit Going Away? Lease Any EV Today! Or Buy One Of These 15.003835
OEM-wise auto sales – January 2025
Here are the auto sales reported by various OEMs for January 2025 Maruti Suzuki India Passenger vehicle market leader Maruti Suzuki India has announced its wholesales (dispatches to showroom) numbers for January 2025. At 173,599 vehicles, up 4% YoY (January 2024: 166,802 units), this constitutes its highest monthly dispatches in the first 10 months of FY2025,… Continue reading OEM-wise auto sales – January 2025
Tata Motors vehicle dispatches dip 7% in January
The company remains optimistic about growing demand from other regions to mitigate these challenges, ETAuto earlier reported. Tata Motors on Saturday said its total vehicle dispatches declined 7% year-on-year to 80,304 units in January. The auto major dispatched 86,125 units in January 2024. Total domestic sales declined 7% year-on-year to 78,159 units last month, as… Continue reading Tata Motors vehicle dispatches dip 7% in January
BUDGET 2025: Auto, battery makers’ stocks rally on rural push and EV Incentives
Shares of most automobile and battery manufacturing companies closed higher today, after Finance Minister Nirmala Sitharaman announced a slew of measures to drive the rural economy, and accelerate electric vehicle adoption in the country. The Nifty Auto index ended 1.9% higher at 23,305.45 level. In intraday trade, the index had gained by 2.9%. Of the… Continue reading BUDGET 2025: Auto, battery makers’ stocks rally on rural push and EV Incentives
BUDGET 2025: Auto, battery makers’ stocks rally on rural push and EV Incentives
Shares of most automobile and battery manufacturing companies closed higher today, after Finance Minister Nirmala Sitharaman announced a slew of measures to drive the rural economy, and accelerate electric vehicle adoption in the country. The Nifty Auto index ended 1.9% higher at 23,305.45 level. In intraday trade, the index had gained by 2.9%. Of the… Continue reading BUDGET 2025: Auto, battery makers’ stocks rally on rural push and EV Incentives
BUDGET 2025: PLI Auto scheme gets Rs 2,819 crore in FY26
The government has allocated Rs 2,819 crore for the production-linked incentive (PLI) scheme for automobile and auto components in the financial year 2026, as per the union budget presented today. The government had initially allocated a much larger amount of Rs 3,500 for the scheme in the financial year 2025 . However, revised budget estimate… Continue reading BUDGET 2025: PLI Auto scheme gets Rs 2,819 crore in FY26
BUDGET 2025: PLI Auto scheme gets Rs 2,819 crore in FY26
The government has allocated Rs 2,819 crore for the production-linked incentive (PLI) scheme for automobile and auto components in the financial year 2026, as per the union budget presented today. The government had initially allocated a much larger amount of Rs 3,500 for the scheme in the financial year 2025 . However, revised budget estimate… Continue reading BUDGET 2025: PLI Auto scheme gets Rs 2,819 crore in FY26
BUDGET 2025: Capital expenditure rises to Rs 11.2 lakh crore, boost to infra and auto
The Union Budget 2025 has allocated ₹11.2 lakh crore for capital expenditure in FY2026, up from ₹10.2 lakh crore in FY2025. This represents a 10.1% increase compared to the previous year. The government’s focus on fiscal consolidation, while continuing its capex thrust augurs well for the economy, says Ashish Modani, Senior Vice President & Group… Continue reading BUDGET 2025: Capital expenditure rises to Rs 11.2 lakh crore, boost to infra and auto
Tata Motors sells 48,076 cars and SUVs in January, EV sales down 25%
Tata Motors has announced wholesales of 48,076 passenger vehicles in January 2025, down 10% year on year (January 2024: 53,633 units). This includes 5,240 electric vehicles, whose sales are down 25% YoY (January 2024: 6,979 EVs). The company, which retails eight passenger vehicles – Altroz, Tigor, Tiago, Nexon, Punch, Harrier, the Safari and the Curvv… Continue reading Tata Motors sells 48,076 cars and SUVs in January, EV sales down 25%