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Cabinet Announces Rs 9,585 Crore Scheme to Phase out Old Trucks, Buses in Delhi-NCR

autherKiran Murali     calendar03 Jun 2026

The 2-year scheme includes a 5% interest subvention on vehicle loans, monthly fuel vouchers of up to Rs 4,800 for five years from OMCs, and ex-showroom discounts of around 8% from OEMs.

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SUV Boom, Premiumisation to Power Continental India’s Growth Ambitions News
SUV Boom, Premiumisation to Power Continental India’s Growth Ambitions

autherMukul Yudhveer Singh calendar03 Jun 2026

Continental expects larger wheel sizes and premium vehicles to reshape tyre demand in India.

India's Tyre Exports Hit Record High in FY26 News
India's Tyre Exports Hit Record High in FY26

autherSarthak Mahajan calendar03 Jun 2026

Shipments crossed ₹27,312 crore, growing 9% for a second straight year, as manufacturers diversified into over 170 mar...

JBM Auto Captures 49% of India's Electric Bus Market in May News
JBM Auto Captures 49% of India's Electric Bus Market in May

autherSarthak Mahajan calendar03 Jun 2026

The Delhi-based automaker registered 157 electric buses in May 2026, capturing 49 percent of the national market as In...

Tata Motors Launches Intra V40 CNG Pickup News
Tata Motors Launches Intra V40 CNG Pickup

autherSarthak Mahajan calendar03 Jun 2026

Tata Motors has introduced the Intra V40, a bi-fuel CNG and petrol small commercial vehicle aimed at last-mile cargo o...

Varroc Partners TOLYY To Localise Digital Cockpit Solutions For Global Vehicle Programmes News
Varroc Partners TOLYY To Localise Digital Cockpit Solutions For Global Vehicle Programmes

By Eshisha Java calendar03 Jun 2026

The agreement focuses on localisation, display module supply and integration capabilities, targeting passenger and com...

Exclusive: Tata Motors' First Avinya Model to be based on CJLR's Freelander News
Exclusive: Tata Motors' First Avinya Model to be based on CJLR's Freelander

autherKetan Thakkar calendar03 Jun 2026

Avinya X, the first model, will launch in 2027, but not on JLR's Electrified Modular Architecture. The CJLR platform w...

Auto Component Margins To Fall to 10.5–11% on West Asia Conflict: Crisil News
Auto Component Margins To Fall to 10.5–11% on West Asia Conflict: Crisil

autherSarthak Mahajan calendar03 Jun 2026

Crisil Ratings warns of a 100–150 basis point compression in operating margins for the fiscal year, driven by surging ...

Bajaj Auto Outsells Mahindra in Electric 3Ws For The Third Time This Year in May, TVS Shines Analysis Sales
Bajaj Auto Outsells Mahindra in Electric 3Ws For The Third Time This Year in May, TVS Shines

autherAjit Dalvi calendar03 Jun 2026

The see-saw battle between the top two electric 3-wheeler manufacturers continued in May. Bajaj Auto, the No. 1 in Jan...

Sonalika Reports 21% Growth In May Sales, April Momentum Continues Into FY27 News
Sonalika Reports 21% Growth In May Sales, April Momentum Continues Into FY27

autherAutocar Professional Bureau calendar03 Jun 2026

The tractor maker recorded sales of 17,204 units in May and 16,223 units in April, supported by rural demand and prepa...