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India's Light Vehicle market moderated marginally in April 2026.
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As Lexus draws closer to the magic million sales per annum mark, many though not all electric models have been put on hold.
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More than 880,000 vehicles recalled for suspension defects.
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In an interview with Nikkei Asia, president Ivan Espinosa said the next-generation Skyline, due to be unveiled this winter, will be the first model built under this new approach.
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The incentives were stopped at the start of 2026 because the $1bn investment had stalled.
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The decision follows strong demand for the company’s new BEV line-up.
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The segment continues to be driven by strong demand for BEVs, led by Tesla and BYD.
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Mitsubishi Chemical’s bio-based material Durabio has been selected by Audi for the door switch panels in the new Audi Q3, marking their first collaboration.
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The model is the first BYD vehicle designed with Europe as the primary market.
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Under the agreement, PPAP will manufacture, market and sell specified automotive sealing products in India using Hutchinson’s technology, licensed know-how and technical support.
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