Tag
Automotive
16 articles
Indian automotive companies are demonstrating resilience and growth, highlighted by a mixed bag of recent financial results and strategic developments. Several firms, including CarTrade Tech, Autoline Industries, and Jamna Auto Industries, reported robust FY26 performance with revenue and profit increases, reflecting strong demand and operational improvements. Jamna Auto Industries, in particular, achieved record results and expanded capacity through significant capital expenditure, while Keto Motors, after a major restructuring, launched its Urbanova KE9 electric bus and secured substantial MOUs, signaling a focus on the electric commercial vehicle sector. However, ongoing disputes, such as the Kinetic‑Saera matter, and cybersecurity incidents underscore the challenges and risks inherent in the evolving automotive landscape.
Continental Automotive Delay Condoned by Supreme Court
Supreme Court heard Appeal 46216/2026 on 1 Oct 2026 between Continental Automotive Brake Systems India Pvt Ltd and Commissioner of Customs, Patparganj.
The appeal sought condonation of delay in filing
Force Motors Second A Shareholders EGM October 26
Force Motors schedules EGM on October 26, 2026 for Second A equity shareholders to vote on removing transfer restrictions.
The meeting concerns 115,748 physical shares that are not listed on BSE/NSE d
JBM Auto Leads India Electric Bus Market with 33% Share
JBM Auto announced continued market leadership with 274 electric bus registrations in September 2026, capturing 33% market share.
The company registered 892 electric buses in H1FY26-27, maintaining ap
Maruti Suzuki September 2026 Sales Reach 236,013 Units
Maruti Suzuki reported total sales of 236,013 units in September 2026, representing 24.4% year-on-year growth.
Domestic passenger vehicle sales surged 36.9% YoY to 181,838 units, led by strong utility
VinFast Offers 10-Year Battery Warranty in India
VinFast provides a vehicle warranty of seven years/160,000 km and a battery warranty of ten years/200,000 km in India.
The package includes three years/36,000 km free maintenance and complimentary cha
Hyundai India September Sales Hit Record 77,916 Units
Hyundai Motor India achieved record total monthly sales of 77,916 units in September 2026, growing 10.8% year-over-year.
Domestic sales reached 57,166 units with 10.9% YoY growth while exports totaled
Bajaj Auto September 2026 Sales Up 5.5%
Bajaj Auto reported total sales of 538,443 units in September 2026, a 5.5% increase from 510,504 units in September 2025.
Exports surged 32% year-over-year to 243,987 units while domestic sales declin
Ola Electric 9th AGM Approves Capital Increase, Fundraising
Ola Electric held its 9th AGM virtually on September 30, 2026, approving six resolutions including financial statements adoption.
Shareholders passed resolutions to increase authorized share capital a
K L T Automotive Writ Petition Withdrawn
High Court of Bombay allowed withdrawal of writ petition filed by K L T Automotive & Tubular Products against Welding Specialist (India) Pvt. Ltd. and others.
Petitioner’s counsel submitted a withdraw
Mercury EV-Tech Appoints Tejas Soni as Statutory Auditor
Mercury EV-Tech shareholders approved appointment of M/s Tejas K. Soni as Statutory Auditor for 3 years.
The new auditor is a peer-reviewed CA firm based in Vadodara with FRN 135093W.
Appointment was
Goyal Urges Auto Component Industry Global Expansion
Commerce Minister Piyush Goyal addressed ACMA's 66th session, urging auto component manufacturers to expand globally and target $500 billion industry size.
India's auto sector shows high double-digit
Goyal Urges Auto Industry Deepen Localization Expand Exports
Union Minister Piyush Goyal addressed SIAM Convention, urging automotive industry to deepen localization, expand exports, and produce global-standard products leveraging India's trade agreements.
Gove
ICAT Marks 20 Years with PM e-Drive Dialogue
ICAT celebrated its 20th anniversary with industry dialogue on PM e-Drive scheme for sustainable mobility.
Union Ministers inaugurated indigenous Agri Machinery Test Facility to support farmers with c
CarTrade Tech 26th AGM Proceedings Summary
CarTrade Tech held its 26th Annual General Meeting virtually on September 25, 2026, to transact ordinary and special business.
Three resolutions were passed via e-voting, including the adoption of FY2
Autoline Industries 30th AGM Presentation FY26 Results
Autoline Industries reported FY26 consolidated revenue of ₹824 crore, up 25.13% YoY, with EBITDA of ₹78.70 crore, up 14.94% YoY.
The company operates six manufacturing facilities across five states an
Jamna Auto Industries Reports Record FY26 Results, Declares Dividend
Jamna Auto Industries achieved record FY26 performance with 15% revenue growth to ₹2,612 crore and 28% profit increase to ₹231 crore, maintaining strong 15.1% EBITDA margin.
The company declared total