The EU has until July 9 to clinch a trade arrangement with Trump before tariffs on nearly all of the blocs exports to the US jump to 50%.

India said it reserves the right to raise tariffs on auto components from the US, and could collect about $724 million in duties.

While much of the public attention has been on electric vehicles, Memani clarified that the issue spans the broader automotive sector and other industries dependent on critical minerals.

Maharashtra Transport Minister Pratap Sarnaik's surprise crackdown on an illegal Rapido bike taxi has sparked demand for similar action against errant autorickshaw drivers in Mumbais busy suburbs.

The company said its domestic sales decreased 12% during the month to 1.3 lakh units as against 1.5 lakh units in June 2025.

However, registration in passenger vehicle industry grew 6% on the year, Jefferies said.

An EU-US trade deal could act as a positive catalyst for auto OEMs to increase R&D spending, Goldman Sachs said.

Bajaj Auto sold 1,49,317 two-wheelers last month, compared to 1,77,207 units in June 2024.

Automobile players who consistently redefine their offerings are set to capture the largest share of the upcoming demand, Shenoy said.

Bajaj Auto is yet to announce details of its earnings conference call, which is generally organised to discuss the results with investors and analysts.

The mini trade deal is likely to exclude sector-specific tariff cuts, government sources told NDTV Profit on Tuesday.

A meeting with the government is planned for July 2 in New Delhi, where automakers will present their case directly to Transport Minister Nitin Gadkari.

June Auto Sales LIVE Updates: Escorts Kubota Monthly Sales Up 1% Key Highlights (YoY) Escorts Kubota June tractor sales up 2.2% to 11,498 units. Domestic tractor sales down 0.1% to 10,997 units. Tractor exports up 114.1% to 501 units. June Auto Sales LIVE Updates: Bajaj Auto Monthly Sales Up 1% Key Highlights (YoY) Two-wheeler sales down 2% to 2.98 lakh units. Commercial vehicle sales up 14% to 62,322 units. Total sales up 1% to 3.6 lakh units. . Read more on Auto by NDTV Profit.

June is expected to be a mixed month of sales for automakers.

However, the frame rate will likely be locked at 30fps (meaning it won't go below that threshold), and some fans were more accepting of that.

All two-wheeler companies have reported a fall in sales. But the least fall was seen in scooter sales, compared to motorbikes.

With the new Rs 5 lakh limit, more advance claims will now qualify for auto-settlement, aiming for processing within just three days or 72 hours of submission.

This edition of Heard On The Street provides you with buzzing stocks like Poonawalla Fincorp, ASK Automotive, HUDCO, IndiaMart, Cummins, CG Power, Taj GVK, Yatharth Hospital and JM Financial.

Jio Financial Services topped the charts after gaining 3.57%, followed by Bharti Airtel closing 3.18% higher.

DRDO chief Samir Kamat gave an overview of India's rapid modernisation of missiles and other standoff weapon systems.

The judges acknowledged the unfortunate incident of June 9 near Mumbra in Thane district, where 13 passengers fell from a moving trainreportedly resulting in five fatalities and nine injuries.

Agrawal stressed that India is now the third-largest force in defence after the United States and China, both in terms of military strength and strategic presence.

NDTV Profit tracks what analysts are saying about various stocks and sectors. Here are the analyst calls to keep an eye out for on Friday.

Macquarie sees tractors and two-wheelers leading growth in FY26, while passenger vehicle and commercial vehicle growth is expected to remain relatively muted.

Tata Power, Torrent Pharma and Bajaj Auto are some of the stocks that will trade ex-dividend.

Shares of Patil Automation Ltd. will list on the NSE SME platform on Monday, June 23.

Bajaj Auto's board announced a dividend of Rs 210 per share for financial year 2025.

Shares of Patil Automation are tentatively scheduled to be listed on the NSE SME platform on June 23.

Patil Automation IPO is a book-built issue worth Rs 69.61 crore. The NSE SME offer comprises entirely a fresh issue of 58.01 lakh equity shares.

These stocks will issue final dividend this week check record dates here.

The majority of these new orders, coming to about Rs 260 crore, comes from TACL's sealing and forgings businesses.

The area around the US Consulate sees thousands of visa applicants daily.

Navin Juneja attributed the slower growth in the last financial year to delayed launches.

Navin Juneja, chief financial officer and whole-time director of Talbros Automotive speaks to NDTV Profit about the company's revenue guidance of meeting Rs 2,200 crore by 2027, order delivery timeline, impacts of magnets on their business, projections on margins and capex outlook in this episode of 'Know Your Customer'.

At least 10 applications are currently under review in China, and no licences have been granted as of now, said sources.

At least 10 auto component makers are said to have received favourable endorsements from the Chinese embassya key step in procuring a rare-earths licence from Beijing.

India needs to work with China to sort out supply chain disruptions due to curbs on the export of rare earth magnets, according to the FADA President, CS Vigneshwar.

Reserve Bank of India's Monetary Policy Committee reduced the key lending rate by 50 basis points to 5.5%.

The Prime Ministers Office and the Indian Embassy in China are trying to set up a meeting between representatives of Indias auto sector and the Chinese commerce ministry in Beijing.

NSE Nifty Auto was trading 0.33% down at 23,257.10 as of 11:17 a.m., as compared to 0.39% advance in the NSE Nifty 50.

Indian automakers have 30 days before the supply pipeline for rare earth magnets from China dries up. The process for a new licence takes 60 days, and theres no guarantee of approval.

The directive follows months of Trumps growing critique of autopens, which can be used to affix the presidents signature to scores of documents a leader might not otherwise sign individually.

A Mumbai-based auto driver reportedly earns Rs 5 to 8 lakh per month by simply offering a bag-keeping service outside the US Consulate.

According to WTO rules, if no agreement is reached within 30 days of the start of the consultation, India can suspend equivalent concessions given to the US.

While no acquisitions are planned for FY26, Lumax Auto is actively evaluating multiple inorganic opportunities.

India is looking to set a 'mutually convenient date and venue for the above-mentioned consultations' to take the matter forward.

SEBI has mandated that the pay-in of such securities must be completed on the same day to prevent the accumulation of client securities in brokers' accounts.

For Citi, the top automotive picks among four wheelers are Maruti Suzuki India Ltd. and Mahindra & Mahindra Ltd. For two wheelers, it is Eicher Motors Ltd.

Anand Rathi has neutral view on the auto sector.

Analysts chose most stocks from Finance services segment.