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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
Parts supplier cuts thousands of jobs as Germany's auto woes deepen
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…
Tom Carter
Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…
October auto sales – Maruti Suzuki and Tata Motors report a decline, Mahindra continues to grow
The month of October 2024 has not been the best for automakers despite the festive season in India.…
Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…
Tom Carter
Stock market ends lower on Monday; Investors eye Hyundai listing and RBI minutes
Bajaj Auto, HDFC Bank, Asian Paints, Mahindra & Mahindra (M&M), and Eicher Motors emerged as the to…
ANI
The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
EV leaders are facing roadblocks heading into the final quarter of 2024.
Nora Naughton
Tesla stock could soar 50% as it broadens beyond autos and as Musk exerts more political influence, Morgan Stanley says
Morgan Stanley analysts say Tesla will surge if it can expand to be an AI giant, which may be more …
Kelly Cloonan
Consumer goods, auto and healthcare sector to expand but energy may face challenge in 2025: Report
Geopolitical tensions will challenge the energy sector through 2025, but investments in renewable e…
ANI
Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment
Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…
PTI
September Auto sales – Automakers report a decline, Mahindra and Mahindra overtakes Tata Motors
The Indian passenger vehicles segment reported a decline in sales for the third consecutive month i…
Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain
The Indian electric two-wheeler market has reported subdued sales in September 2024, with 88,156 el…
China's EV giants shine at Europe's largest auto show while local rivals despair
Chinese automakers revealed new EVs at the Paris Motor Show, highlighting their technological edge …
Tom Carter
Wall Street shifts focus back to Tesla's core auto business ahead of earnings as robotaxi hype fades
Wall Street analysts said Tesla needs to release a low-cost "Model 2" vehicle and update its curren…
Matthew Fox
Your car reflects your personality, and data proves it. But America's auto obsession brings hidden downsides.
We looked at 1.7 million listings of different makes and models driven in the US, data show what th…
Dan DeFrancesco
Why has Bernstein called India’s EV sector 'irrelevant'?
Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.
Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report
The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…
ANI
With markets hitting all-time highs, how should you position yourself as an mutual fund investor?
Per Goldman Sach's India strategy, companies operating in the auto, chemicals, real estate, FMCG an…
Tesla faces a fresh probe from auto regulators over its Full Self-Driving software
The National Highway Traffic Safety Administration announced it's probing Tesla's tech after report…
Jyoti Mann
Cement prices will be hiked and demand will grow in H2FY25 : Centrum report
Cement demand is likely to grow by 5 per cent in FY25, and few more round of price hike by companie…