Wholesale passenger vehicle sales in India hit a record 525,000 to 530,000 units in October, up from 500,000 units at the previous monthly peak

Wholesale passenger vehicle sales in India hit a record 525,000 to 530,000 units in October, up from 500,000 units at the previous monthly peak.

Maruti Suzuki held a dominant market lead. Tata Motors edged out Mahindra & Mahindra in the manufacturer rankings.

Festive demand and goods and services tax (GST) reforms fueled growth. Analysts question whether the momentum will hold beyond the season.

Volkswagen is considering assembling China-developed models in Turkey from imported kits, tapping excess Chinese capacity to serve markets where combustion-engine demand remains strong. The project is part of the group's "In China, beyond China" strategy and would establish a local production base.

Archion, the entity combining Hino and Mitsubishi Fuso and backed by Toyota, is betting on after-sales service to counter cheaper Chinese electric trucks. The group relies on a network of 3,700 service points, shared platforms and an expanded powertrain lineup. Chinese brands are rapidly gaining market share, particularly in Southeast Asia, but after-sales infrastructure remains a potential advantage.

Aurora cut its 2026 revenue forecast after production delays while maintaining its target of more than 1,000 autonomous trucks by the end of 2027. Manufacturing partner Roush must reach a rate of 20 trucks per week in December. Programs with Volvo and PACCAR underpin longer-term expansion.

Gotion High-Tech posted a 54% revenue increase in the first nine months of the year, with battery installations up 33% in the domestic market and global volume ranked fifth. Growth is driven by passenger cars, electric trucks and strengthened cooperation with Volkswagen, including battery and cathode material projects in Spain, Slovakia and Morocco.