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Auto Industry Cheers RBI's First Rate Cut in Five Years, Expects Demand Boost

autherArunima Pal     calendar08 Feb 2025

The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25%, which is likely to lead to lower EMIs for vehicle loans.

LATEST

Shree Automotive Launches Mahindra Electric BE 6 and XEV 9E SUVs in Kolkata

By Autocar Pro News Desk calendar07 Feb 2025

Bookings for all variants of the Mahindra XEV 9E and BE 6 will open on February 14, 2025.

Ola Electric Expects Auto Business to Turn Profitable at 50,000 Monthly Volumes 

autherKiran Murali calendar07 Feb 2025

Electric two-wheeler major’s monthly average volume during the third quarter was around 28,000 units.

Hero MotoCorp Sees Double-Digit Revenue Growth in FY25, FY26

autherKiran Murali calendar07 Feb 2025

In the first nine months of the current financial year, the automaker saw its revenue grow by 10% year-on-year to Rs 3...

M&M Aims to Sell Over 1.2 Lakh EVs per Year by 2027, Says Rajesh Jejurikar

By Darshan Nakhwa and Ketan Thakkar calendar07 Feb 2025

The automaker plans an initial monthly output of 5,000 EVs for its XEV 9e and BE 6 electric SUVs.

ASDC and Hero MotoCorp launch program to train 20,000 women for automotive sector

autherAutocar Pro News Desk calendar07 Feb 2025

New training initiative aims to bridge the gender gap in India's automotive workforce.

Maruti Suzuki delivers 60 Jimny vehicles to Indo-Tibetan Border Police

autherAutocar Pro News Desk calendar07 Feb 2025

ITBP introduces Jimny vehicles for border patrol in Ladakh and Arunachal Pradesh.

Happy Forgings Reports 11.5% PAT Growth in Q3FY25, Margin Expansion Continues

autherSarthak Mahajan calendar07 Feb 2025

Q3 results show sustained growth with revenue up 3.6% YoY to Rs. 354 crore, while gross margins improved by 249 basis ...

Wardwizard Reports 18.76% Growth in January Electric Vehicle Sales

By Autocar Pro News Desk calendar07 Feb 2025

Indian electric vehicle manufacturer delivers 3,830 two-wheelers and announces battery technology MoU with New York-ba...

FADA Report Shows India's Electric Vehicle Market's Segmented Growth in January 2025

autherSarthak Mahajan calendar07 Feb 2025

Latest registration data reveals diverse adoption rates across vehicle categories, with three-wheelers maintaining 56%...