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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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2 mins read

One of China's hottest new EV makers says it lost $9,200 for each $30,000 smart car it delivered

Xiaomi's first EV, the $30,000 Speed Ultra 7, sold out within a day of its March launch, but isn't…

Matthew Loh   


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2 mins read

Auto components maker Happy Forgings files IPO papers with Sebi

Auto components maker Happy Forgings Ltd has filed preliminary papers with capital markets regulato…

PTI   


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1 min read

Auto component maker Motherson to acquire Bengaluru-based Rollon Hydraulics

"Our focus on being a solutions provider to our customers has been a driving force for this acqu…

PTI   


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3 mins read

Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies

The sales of electric two-wheelers have come crashing down just a month after recording the best-ev…

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1 min read

This auto component maker's shares more than doubled in last one year

During the entire session, the shares pared a portion of its intra-day gains and settled nearly …

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1 min read

Auto parts company Minda bags ₹750 cr order for EV battery chargers

Auto components maker Minda Corporation Ltd on Tuesday said it has bagged a ₹750-crore contract fro…

PTI   


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4 mins read

China's BYD is the world's biggest electric car maker — but it's not coming to America anytime soon

BYD has overtaken Tesla as the world's top electric car maker. Here's why the Chinese company is un…

George Glover   


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2 mins read

After Maruti, now Tata Motors raises car prices marginally

Mumbai-based carmaker Tata Motors has increased its car prices by 0.9% on its passenger vehicle ran…

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2 mins read

The boss who wanted Europe's biggest car maker to overtake Tesla in the EV race is pushed out the door

Herbert Diess, who wanted VW to become the world's biggest maker of electric cars, is being replace…

Sam Tabahriti   


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4 mins read

INTERVIEW: An auto parts maker for Maruti, Bajaj and Honda is betting that Indian car makers will take a leaf out of Tesla’s playbook

“One of our focused areas is aluminium forged components as you are aware the industry is going …

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3 mins read

Electric bus makers on a roll as states like Maharashtra and Karnataka send in large orders

As India moves towards its plan to reduce carbon emissions, companies that are into electric vehicl…

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2 mins read

Charlie Munger steers clear of the brutal auto business - and says Elon Musk's archrival is better at the nuts and bolts of manufacturing

Warren Buffett's business partner says BYD was an unusual bet for him, and the Tesla rival's CEO ou…

Theron Mohamed   


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2 mins read

The maker of General Motors and Toyota's parts in India is folding up — axing thousands of jobs

Sluggish growth and falling sales over the last nine months has led to auto dealerships and plant s…

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3 mins read

The UAW doesn't have to strike at every automaker or factory to shut down most of the auto industry

The United Auto Workers union's latest strategy could certainly hit the automakers where it hurts.

Alexa St. John,Nora Naughton   


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2 mins read

Tesla settles lawsuit with former employee accused of stealing Autopilot trade secrets

Former Tesla engineer Guangzhi Cao will pay the EV maker an undisclosed sum after the automaker sue…

Tim Levin   


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2 mins read

iPhone maker Foxconn reveals 3 new electric vehicles with names eerily similar to Tesla's

Foxconn won't sell its Model E sedan and Model C SUV under its own brand. It'll partner up with car…

Tim Levin   


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3 mins read

India to become export hub for Skoda Auto from next year, says co-official

Czech car maker Skoda Auto has said India will become an export hub for the company as it is set to…

PTI   


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5 mins read

Festive baton shifts to Great Indian Wedding Season, November registers best-ever auto sales, except March 2020: FADA

Auto retailing for November 2022 went up by 26% year-on-year, with all the categories be it …

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2 mins read

Rivian investors are betting it's the next Tesla. Now comes the hard part.

The startup is now worth more than General Motors and Ford, which move millions of vehicles per yea…

Tim Levin