The carmaker stated that permitting concessions for petrol vehicles weighing up to 909 kg, with engine capacity not exceeding 1,200 cc and length under 4,000 mm, would dilute the focus on the adoption of sustainable technologies.

The ratings agency's reassessment follows impressive industry growth in recent months.

The Automotive Component Manufacturers Association of India represents over 1,100 manufacturers.

The growth forecast hinges on favourable market conditions, particularly the recent reduction in Goods and Services Tax (GST) rates.

The investment commitment materialised following a key meeting between Tamil Nadu Chief Minister MK Stalin and a Foxconn delegation headed by Robert Wu.

Maruti Suzuki has established 45 automated driving test tracks across India till now.

The potential Spanish manufacturing site would complement BYD's existing European production strategy. (Representative image)

The German Car of the Year 2026 has announced its five segment winners: Dacia Bigster (Budget), Skoda Elroq (Compact), Hyundai Ioniq 9 (Premium), Cadillac Vistiq (Luxury), and Lucid Air Sapphire (Performance). These vehicles will now compete for the overall title.

With the festive season in full swing, Royal Enfield appears well-positioned to maintain its growth trajectory in the coming months.

The LocalCircles survey included more than 36,000 responses from petrol vehicle owners spanning 323 districts through India.