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Hyundai Motor India Profit Falls 24% Amid Rising Costs

By Uniquetimesorg October 28, 2026 0

Hyundai Motor India reported a nearly 24% decline in its second-quarter profit on October 28, 2026, as rising raw material costs weighed on earnings. The automaker recorded a profit after tax of ₹1,196 crore for the quarter ended September 30, compared with ₹1,572 crore in the same period last year. Despite the decline in profitability, […]Continue Reading

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M&M Races to No. 2 in September Passenger Vehicle Sales

By Uniquetimesorg October 1, 2026 0

Mahindra & Mahindra (M&M) moved into the second position among India’s passenger vehicle makers by September retail registrations, according to VAHAN data. M&M recorded 57,466 registrations, narrowly ahead of Tata Motors Passenger Vehicles (TMPV), which registered 55,926 units. Hyundai Motor India followed with 49,998 registrations, while Maruti Suzuki retained Continue Reading

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Tata Motors Warns of More Margin Pressure

By Uniquetimesorg September 25, 2026 0

Indian automaker Tata Motors expects commodity inflation to put further pressure on profit margins, with its passenger vehicle division facing an estimated 3% impact on revenue in the July-September quarter. Managing Director Shailesh Chandra said the company is concerned about how long higher commodity costs will remain uncertain. Rising energy, freight and raw material Continue Reading

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VW Seeks Local Indian Partner to Drive Scale and Share Investment Risks

By Uniquetimesorg August 19, 2026 0

Volkswagen (VW) Group expects to finalize a deal with a local Indian partner this year to accelerate its momentum in the world’s third-largest auto market. According to Klaus Zellmer, CEO of VW’s Skoda brand—which oversees the group’s strategy in India—having a partner with strong local roots will strengthen their position and help fund the next […]Continue Reading

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Mahindra to Double EV Production as Q1 Profit Grows

By Uniquetimesorg July 30, 2026 0

Mahindra & Mahindra has announced plans to double its electric vehicle (EV) production capacity over the next five years after reporting a 6.8% increase in first-quarter profit. The automaker said strong demand across its passenger vehicle and farm equipment businesses helped drive quarterly revenue up 23% to ₹419.2 billion. The company’s SUV business recorded a Continue Reading

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Hero MotoCorp to Invest ₹32 Billion in Andhra Pradesh, Creating 4,000 Jobs

By Uniquetimesorg July 2, 2026 0

Hero MotoCorp has announced an investment of more than ₹32 billion (around $336 million) in Andhra Pradesh to strengthen its manufacturing, logistics, and electric mobility operations. A key part of the investment includes over ₹7.5 billion for the development of a global parts centre, which will support both domestic and international spare parts distribution while […]Continue Reading

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Hyundai India Expects Full Production Recovery After Supplier Fire

By Uniquetimesorg June 10, 2026 0

Hyundai Motor India has announced that normal production at one of its Chennai manufacturing plants is expected to resume by June 22 following disruptions caused by a fire at supplier Mobis India’s facility last week. The company said production levels will begin improving steadily and should regain pace by June 15. The affected supplier provides […]Continue Reading

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Eicher Motors Rides Tax Cuts to Beat Quarterly Profit Estimates

By Uniquetimesorg May 22, 2026 0

Indian automaker Eicher Motors reported a stronger-than-expected quarterly profit on Friday, driven by robust demand for its premium motorcycle lineup. The manufacturer of the Royal Enfield Himalayan 450 adventure bike recorded a nearly 12% year-on-year increase in consolidated net profit, which climbed to 15.2 billion rupees ($158.85 million) for the March quarter. This Continue Reading

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Renault Moves NCLT for India Restructuring, Plans Separate Powertrain Unit

By Uniquetimesorg April 30, 2026 0

Renault Group has initiated a major restructuring of its India operations, seeking approval from the National Company Law Tribunal (NCLT) to reorganize its business structure. The proposed plan involves separating its powertrain manufacturing activities into a dedicated entity, while integrating vehicle manufacturing and sales operations under a unified structure. The Continue Reading

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Haryana Raises Minimum Wage After Auto Hub Protests

By Uniquetimesorg April 10, 2026 0

Haryana has announced a 35% increase in minimum wages for unskilled workers following protests and work boycotts by factory employees in Manesar, one of India’s key auto manufacturing hubs. The move comes amid rising living costs linked to gas supply disruptions caused by the ongoing U.S.-Israeli war on Iran, which has pushed up food and […]Continue Reading