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1 min read
India's largest car maker loses nearly two thirds of its profit to chip shortage
Net profit fell to Rs 475.3 crore during the quarter under review from Rs 1,371.6 crore in Q2FY2…
1 min read
Crushing sanctions on Russia's economy could worsen the auto and semiconductor supply-chain crisis, JPMorgan says
Oil may be getting most of the attention, but the supply of key production materials for a range of…
Phil Rosen
1 min read
5 reasons why Maruti, Tata, Honda and Hyundai are very happy with India's Commerce Minister
"We are glad that the new Foreign Trade Policy 2015-20 is pragmatic and progressive, it gives a cle…
3 mins read
Bajaj Auto denies that its Aurangabad plant is shut, says proper protocol was followed after one worker was COVID-19 positive
However, the company said that its “manufacturing facility at Waluj is functioning normally”. …
3 mins read
COVID-19 pandemic to hit MSME exporters more: Trade experts
"India's major export items such as petrochemicals, gems and jewellery, automobiles and auto compo…
PTI
3 mins read
Covid-19 pandemic to hit MSME exporters more: Trade experts
When asked about any numbers, he said estimating any figures of drop seems unrealistic as it would …
PTI
1 min read
Goyal holds meeting with officials on ways to boost exports, reduce import reliance
Contracting for the second straight month, India's exports shrank by a record 60.28 per cent in Apr…
PTI
2 mins read
Lockdown: Bajaj Auto proposes 10 pc pay cut for staff
As per the guidelines, manufacturing units located in rural areas can start operations under strict…
PTI
2 mins read
Auto sector slowdown puts one million contractual jobs at risk
This accounts for nearly 10%-15% layoffs per company. What’s worse is that the industry pegs thi…
2 mins read
Budget lacks immediate measures to revive ailing sector: Auto industry
New Delhi, Feb 1 () Automobile industry on Saturday said the Budget lacked immediate measures to re…
PTI
1 min read
Exports of 1,945 products to US grow by 5pc in Jun-Dec sans GSP incentives
"India's exports to the US, which were under the GSP lines have shown an increase of 5 per cent in …
PTI
2 mins read
Mahindra SUVs and pick-up trucks are a rage in South Africa even in a shrinking market
Figures released by the National Association of Automobile Manufacturers of South Africa (NAAMSA…
PTI
4 mins read
Trump's possible national-security tariffs on autos would be socialism at its worst. Here's why they're bad for America.
But before we get to that, in the short term tariffs would simply screw up a car-buying paradise fo…
Matthew DeBord
3 mins read
Germany just had its worst month of exports since the financial crisis
The macro impact of the VW emissions scandal should not be underestimated given the strength of Ger…
Mike Bird
9 mins read
Is Goldman Sachs right that 7 megatrends will dominate the global auto industry's future?
Nope. There are really three things going on when it comes to "new" car companies. First, Tesla is …
Matthew DeBord
71 mins read
FED BEIGE BOOK: Housing And Auto Sales Are Driving 'Moderate' Growth In The US
Employment, Wages, and Prices Labor market conditions remained unchanged or improved slightly, and…
Matthew Boesler
5 mins read
Get ready for a dockworker strike that could disrupt everything from medicine to holiday gifts
An October strike on shipping docks along the East and Gulf Coasts could cause delays in nearly eve…
Ayelet Sheffey,Juliana Kaplan
2 mins read
An African kingdom famed for its bustling souks and immense desert dunes is revving up to build electric vehicles
According to data company CEIC, Morocco produced 535,825 motor vehicles in 2023, up from 464,864 in…
Nathan Rennolds
2 mins read
Credit quality outlook of India Inc positive in first half of FY25: Crisil Ratings
Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for…
PTI
2 mins read
Indian manufacturing sector growth expected to continue: FICCI survey
Indian manufacturing has accelerated through the second quarter of 2023-24 and is likely to continu…