Automobiles
8 recent notes from companies in this sector. 1 companies tracked.
SML Mahindra CEO steps down mid-integration, with no permanent successor named.
Dr. Venkataraman Srinivas will leave the top post on June 30, 2026, to take another role within the Mahindra Group. The board has named an interim but provided no timeline for a permanent hire.
Delta Autocorp's revenue slipped. Now it's plotting a path to ₹210 cr.
The scooter maker posted FY26 revenue of ₹82.66 cr, down from the prior year. Management laid out a three-year plan to more than double the business.
Maruti launches India's first flex-fuel car. No price, no sales forecast.
A Wagon R variant runs on any ethanol blend from E20 to E100. Union ministers were on stage, but the company provided no financials.
Hero MotoCorp launches India's first flex-fuel 100cc bikes
The Splendor+ and HF Deluxe run on ethanol blends from E20 to E85, priced at ₹72,792 and ₹82,710. The launch is a political signal, not a financial one.
Fire at Hyundai supplier Mobis India halts parts flow, for now.
A fire at Mobis India, which supplies audio components and parts, has disrupted production at Hyundai Motor India. The company is scrambling for alternatives while drawing down dealer stock.
V.S.T. Tillers plans ~₹100 cr tech centre, targets US entry by end-2027
Management laid out product launches and a US timeline in a May 18 concall, but the transcript adds little beyond the prior summary.
Eicher pulls Cheyyar plant target forward by a year to hit 2 million units
Eicher Motors hit ₹50,000 cr in combined revenue for the first time in FY26. Management now plans to reach full Cheyyar capacity a year ahead of schedule.
V.S.T. Tillers lifts EBITDA margin view to 12-14%
Management also targets 1,000 Zetor tractors in FY27 and plans electric weeders and tillers.