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2 mins read

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 …

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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   


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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…

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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.…

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4 mins read

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   


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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   


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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   


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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   


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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   


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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   


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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…

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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…

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3 mins read

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   


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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   


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5 mins read

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   


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3 mins read

Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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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   


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3 mins read

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…

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2 mins read

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   


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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…

ANI