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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
2 mins read
Amid market volatility, Sensex and Nifty close flat; Construction, automobile and PSU banks outperform
The stock market closed flat on Tuesday amid volatility. The benchmark index, Sensex, ended 33.48 p…
ANI
5 mins read
Cementing dominance: Birla vs Adani, of Chaebols, conglomerates, and National Champions
Ultratech and Adani aggressively acquire smaller cement companies. Does this consolidation resemble…
2 mins read
Passenger vehicle sales touch highest ever quarterly mark in July-Sep: SIAM
It is also the first time ever that the domestic PV wholesales have crossed the 20 lakh mark i…
1 min read
Domestic passenger vehicle wholesales rise 2.57% in July: SIAM
Two-wheeler domestic wholesales were down at 12,82,054 units last month, as against 13,81,303 u…
PTI
2 mins read
Indian auto retail sector records 27% YoY growth in April: FADA
The Indian auto retail sector recorded a robust 27 per cent year-on-year (YoY) growth for April 202…
ANI
1 min read
Exide Q1 PAT rises 16% to Rs 280 cr
The company had reported a profit after tax of Rs 242 crore in the April-June quarter of the preced…
PTI
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
5 mins read
Auto industry looks to sustain growth momentum in 2023
The Indian automobile industry is setting out on a journey with hopes for a sustained growth moment…
PTI
2 mins read
Only 57.44% B.E. and B.Tech. Indian graduates employable in automotive industry: Report
Only 57.44 per cent of engineering graduates in India are employable in the ever-transformative aut…
ANI
3 mins read
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
1 min read
200mm fab capacity to reach record high due to automobile chip boom
Global fabrication capacity for 200-millimeter wafers is forecast to jump 14 per cent over the next…
2 mins read
Automobile dealers' association seeks GST cut on 2-wheelers from 28% to 18%
The Federation of Automobile Dealers Associations (FADA), the leading body of automobile retail in …
ANI
1 min read
Passenger vehicle exports from India rise 15% in FY23; Maruti Suzuki leads segment
Passenger vehicle exports from India rose 15 per cent in FY23 with Maruti Suzuki India leading the …
PTI
3 mins read
After languishing since FY19, two-wheeler growth to outpace passenger vehicles in FY24-25
The future looks brighter for India’s two wheeler makers who have seen a volume decline of nearly 3…
2 mins read
Rising input and supply chain costs push luxury carmaker Audi to hike prices by 2.4%
Luxury car Audi is about to get a tad more expensive, as the automaker increases its prices for the…
4 mins read
Tractor sales stutter in January as two-wheelers zoom ahead
Indians kept up with their love for cars and bikes in the month of January, but tractor sales showe…
2 mins read
Reliance Industries wins govt nod for additional investment to raise KG-D6 gas output
"One good aspect of this quarter gone by was that we had an incremental development plan appr…
PTI
2 mins read
Tata Motors to acquire Ford's manufacturing unit in Gujarat
The MoU included land and buildings; vehicle manufacturing plant; machinery and equipment; and b…
5 mins read
FY23 Scorecard: TVS Motor fares better than Bajaj Auto, Hero MotoCorp on profits and margins
All the automakers have delivered growth in profitability and sales. This is reflected in the ov…