Filings by parent company Bajaj Mobility AG with the Austrian stock exchange showed KTM clocked earnings before interest, tax, depreciation and amortization (Ebitda) of €5.5 million in the March quarter, as against an Ebitda loss of €55.8 million a year earlier. Revenue jumped 70% to €331 million as motorcycle sales more than doubled to 40,332 … Read more
SIAM said the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in April 2026 was 29,22,427 units. File The first month of FY2027 posted high double-digit growth in passenger vehicles, three-wheelers, and two- wheelers according to wholesales data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday (May 14, 2026). This is … Read more
Passenger car sales continued to gain momentum in April 2026, backed by the velocity created by the September cut in GST rates. Most automobile companies reported a double-digit growth and less inventory, indicating sustained demand despite the West Asia conflict. Maruti Suzuki India Ltd., the country’s biggest passenger car maker, sold a total of 239,646 … Read more
Batteries next? JSW Group’s collaboration with Chinese firms may expand beyond the automotive sector, as the group explores partnerships for its first lithium-ion cell plant. Mint reported on 2 September 2025 that the conglomerate had been in discussions with several Chinese battery specialists, including Gotion, Cospowers, Svolt, and Soundon, to source essential battery technology. The … Read more
In the electric PV category, total sales were at 1,99,923 units in FY26 as compared to 1,08,873 units in FY25, a growth of 83.63%. File image used for representation only. Total electric vehicle retail sales in India grew by 24.6% at 24.52 lakh units in FY26 as compared to the previous fiscal, with every category … Read more
Since the start of the ongoing financial year in April 2025, founder Bhavish Aggarwal and the maker of S1 Pro have changed their stance on the capacity of the company’s gigafactory, the number of sales it needs each month to break even, revenue guidance, and the strength of its distribution network. The inconsistent outlook and … Read more
The declaration came about nine months after the JSW Group had entered the automobile business after forming a joint venture with China-based SAIC Motor, which now owns the British-origin MG brand of vehicles. Jindal’s intention of doubling down on the automobile business will culminate in India getting its first new homegrown carmaker this millennium. But … Read more
Reaffirming confidence in the ‘Dravidian model’ of governance, Chief Minister M. K. Stalin said on Monday (February 9, 2026) that Tamil Nadu had grown to compete with nations in attracting investment. He was speaking after inaugurating the ₹9,000-crore Tata Motors Jaguar Land Rover (JLR) passenger car manufacturing plant and rolling out the first Range Rover … Read more
Tesla’s sales fell in 2025, the company reported Friday, ceding its position as the world’s biggest electric vehicle maker for the year to Chinese auto giant BYD. The American company led by Elon Musk logged 418,227 deliveries in the final three months of the year, taking its full-year sales figure to around 1.64 million EVs. … Read more