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2 mins read

Electric two-wheeler sales grow in November 2024 – TVS and Bajaj fight for the second spot

The Indian electric two-wheeler market recorded good growth in November 2024, recording the third-b…

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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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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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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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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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3 mins read

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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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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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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5 mins read

The Ola Electric Saga: Are surge in complaints and declining market share a wake-up call for Bhavish Aggarwal?

Ola Electric was once considered the most promising electric automaker in the country, from dominat…

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3 mins read

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

EVs are not the only options for alternative fuel — make way for hydrogen and bio-fuel

Electric vehicles are gaining popularity worldwide due to consumer acceptance, policy backing, and …

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2 mins read

Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report

The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…

PTI   


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Festive season to drive over 15% growth in Indian Automobile Market, says report

The Indian automobile market will experience a significant surge of over 15 per cent growth during …