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1 min read

Moscow's ties to Beijing are paying off as Russian firms flourish amid lucrative deals with China

Moscow and Beijing have touted a "no limits" partnership as the war in Ukraine drags on, and trade…

Yuheng Zhan   


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3 mins read

Elon Musk might be right. Chinese EV firms could 'demolish' their US rivals.

Elon Musk warned investors in Tesla's most recent earnings call that Chinese EV firms will "demolis…

Tom Carter   


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3 mins read

An $88 billion auto giant laid off 400 workers remotely in a move likened to ending a marriage by video call

The company that owns Jeep and Dodge recently terminated 400 employees virtually, sparking new disc…

Sawdah Bhaimiya   


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2 mins read

Stock market sustains positive momentum amid global optimism

The Sensex surged 89.81 points, opening at 70,009.20, while the Nifty gained 35.25 points, starting…

ANI   


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2 mins read

Sensex, Nifty hold fresh highs as auto stocks lead the way

Equity benchmark indices, the Sensex and the Nifty, hit new record peaks in opening trade on Friday…

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4 mins read

The auto industry overestimated EV demand this year. Now companies are scrambling.

The auto industry is running out of early EV adopters right as an economic tidal wave threatens to …

Nora Naughton,Alexa St. John   


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1 min read

HDFC, HDFC Bank, auto firms among stocks to watch out on July 4

Indian markets may open slightly negative as SGX Nifty, an early indicator of the market, was down …

Bhakti Makwana   


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1 min read

Indian stocks rise marginally; Nifty metal top mover

Indian stock indices started Friday's trade on a marginally positive note, with Nifty auto, Nifty m…

ANI   


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2 mins read

Musk's latest threat from China is a new luxury EV built by one of its biggest smartphone firms

China's Xiaomi is best known for making smartphones. Its billionaire founder says electric vehicles…

Tom Carter   


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2 mins read

Auto stocks turn outliers in a weak market as government approves 75 auto firms for PLI scheme

About 75 auto component makers have been approved by the government for incentive under the product…

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4 mins read

India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand

The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…

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2 mins read

Auto companies could sacrifice stock buybacks to help pay for union demands, analyst says

"We believe the companies could sacrifice some of their buybacks in the near-term (for instance a q…

Aruni Soni   


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1 min read

Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra

The domestic commercial vehicle industry volumes are expected to grow by 7-10 per cent in FY2024, s…

PTI   


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4 mins read

Car deals just came back, but they will dry up if auto workers go on strike

With a potential UAW strike looming, car buyers can expect not to find any deals from the Detroit 3…

Alexa St. John,Nora Naughton   


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3 mins read

Auto execs still don't think the Tesla sales model will catch on

One-third of car industry leaders don't think Tesla's direct-to-consumer model will hit mainstream …

Alexa St. John   


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2 mins read

A recent Grand Theft Auto 6 leak on TikTok may have come from a Rockstar Games employee's kid

Rockstar Games will release the first trailer for Grand Theft Auto 6 on December 5. But purported l…

Kenneth Niemeyer   


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5 mins read

Banks, autos steal limelight in Q1 profit growth, while commodity driven firms remain under pressure

More than half of the companies that have announced their earnings so far have either met or exceed…

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1 min read

Auto parts maker Samvardhana Motherson shares hit 52-week high

Shares of Samvardhana Motherson surged after the company said it will acquire 81% stake in the four…

PTI   


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1 min read

ASK Automotive files draft papers with SEBI to mop up funds via IPO

ASK Automotive has filed preliminary papers with capital markets regulator Sebi to raise funds thro…

PTI   


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3 mins read

Auto and BFSI seen driving India Inc’s earnings growth this financial year

India’s top listed companies’ March-quarter earnings largely met analyst expectations, driven by st…