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2 mins read
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
2 mins read
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
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
2 mins read
Markets on a roll: Sensex, Nifty hit fresh highs tracking rally in Asian peers
From the 30 Sensex firms, Maruti jumped nearly 5 per cent. Tata Motors, Bajaj Finserv, Mahind…
PTI
3 mins read
We should be learning from Chinese EV players, not shutting them out of Europe — auto bosses say
European auto bosses criticized the EU's Chinese EV tariffs and emphasized the need to learn from C…
Tom Carter
2 mins read
Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts
Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …
PTI
2 mins read
The Western auto industry is now locked in a 'Darwinian' make-or-break battle with China, the chiefs of 2 major automakers warn
Ford CEO Jim Farley told a board member that the Chinese auto industry is an "existential threat" a…
Kwan Wei Kevin Tan
4 mins read
Sensex, Nifty extend gains to scale fresh peaks on firm global cues
Rallying for the ninth straight session, the 30-share BSE Sensex climbed 231.16 points or 0.28 per …
PTI
4 mins read
“They took away my only source of livelihood” — As police impound bike taxis in Bengaluru, captains cry in despair
After Bengaluru auto-rickshaw drivers protested against bike taxis, captains have faced strict and …
2 mins read
Ford's CEO and CFO took a drive in a Chinese EV. What they said next reveals a lot about the state of the US auto industry.
"These guys are ahead of us," Ford CFO John Lawler told the company's CEO Jim Farley after the two …
Kwan Wei Kevin Tan
2 mins read
Stock market opening: Nifty, Sensex trade in green, Hero Moto, and Bajaj Auto take lead in early trade
Hero Moto, Maruti, Bajaj Auto, JSW Steel, and Dr. Reddy took the lead in early trading, while NTPC,…
4 mins read
SEBI working on a model offer document for firms to 'fill in the blanks' to get IPO approvals, says Buch
SEBIs Madhabi Puri Buch revealed initiatives to speed up IPO approvals with a new templated approac…
PTI
3 mins read
These are the wildest EVs unveiled at China's biggest auto show
From flying cars to
Tom Carter
3 mins read
Bajaj Auto working on CNG bike, to hit road in June: MD
Bajaj Auto is developing a portfolio of clean fuel CNG motorcycles, and the first such bike will hi…
PTI
2 mins read
Monday blues: Stock markets slump as global uncertainties weigh on
Indian benchmark indices closed in the red on Monday, after rallying for the last two sessions. The…
2 mins read
Electric two-wheeler sales grow by 24% in February 2024, Ola Electric leads with over 40% market share
The electric two-wheeler market in India has reported a year-on-year growth of 24% in February 2024…
2 mins read
Sensex, Nifty hit fresh peaks on firm global cues, foreign fund inflows
Benchmark equity indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism…
PTI
2 mins read
Effect of cyclicals: Q3 corporate earnings driven by autos & financials
Corporate India’s earnings report card for the December quarter corporate earnings a few surprises …
2 mins read
Firm economic growth helped Indian automobile industry post 12.5% sales growth
Backed by robust economic growth and conducive government, the Indian automobile industry has poste…
ANI
3 mins read
India’s auto sales to ride on two wheels in 2024
Two wheeler sales are expected to see double digit growth for the next two years, outpacing passeng…