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AUTOMAKER GROWTH
Kia India logs best-ever July wholesale sales, dispatches up 27.4% to 28,200 unitsKia India achieved its best-ever July wholesale performance with 28,200 units dispatched. This significant growth reflects strong customer ...- JSW MG Motor India posts highest-ever monthly wholesales in July, dispatches rise 22% to 8,158 unitsJSW MG Motor India reported a twenty-two percent rise in dealer dispatches for July. The company achieved its highest-ever monthly wholesal...
- Maruti Suzuki bets big on alternative fuel with Rs 561 crore CBG push; sees margin recovery aheadMaruti Suzuki India is investing ₹561 crore in four compressed biogas manufacturing projects. Higher raw material costs, aggravated by glob...
- Maruti Suzuki Q1 profit drops 11% YoY to Rs 3,352 crore on higher input costsMaruti Suzuki reported an 11% year-on-year decline in Q1 consolidated net profit to Rs 3,352 crore, missing estimates as higher input costs...
- Global Market: Nikkei ends sharply higher as global AI momentum boosts marketsJapan’s Nikkei index surged 4% to 64,362.02 on Friday, boosted by global AI optimism following strong Microsoft earnings. Advantest jumped ...
- Why Americans are leasing fewer carsVehicle leasing has significantly declined in the United States recently. Automakers are now offering less attractive lease rates to buyers...
- Hyundai Motor Q1 Results: Profit slumps 35% YoY to Rs 889 crore as headwinds weigh on volumesHyundai Motor India reported a net profit of Rs 889 crore for Q1 FY27. This represents a significant 35% decrease from the previous year's ...
- Maruti Suzuki commences production at 4th plant at Gujarat facility with 250,000 units annual capacityMaruti Suzuki began production at its fourth Hansalpur plant, boosting capacity to one million units. This expansion makes Hansalpur India'...
- Auto wholesales likely to stay strong in July on PV, CV demand: NuvamaDomestic automobile wholesales are projected for strong growth in July 2026. Passenger and commercial vehicle volumes are expected to expan...
- Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firmsEuropean stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consu...
- India-made EVs race ahead globally amid fuel price shockExports rose to 15,641 units in the three months ended June, from 1,122 units a year earlier, showed industry data. This accounted for more...
- China export curbs put $6.5 trillion global supply chains at risk: IEAGlobal supply chains for critical minerals face acute economic security challenges. China's export controls on rare earth elements impacted...
- IT price wars squeeze Infosys out of three multi-million dollar accountsInfosys said last week that loss of a large European client weighed on its first-quarter revenue growth. The Bengaluru-based company, India...
- Global Market: Japan's core inflation picks up in June; BOJ rate outlook keeps markets on edgeJapan's core consumer inflation rose to 1.6% in June. This increase occurred while food prices eased and service inflation slowed. Underlyi...
- EV penetration may rise to 10-12% of total sales in FY27: Ind-Ra reportIndia's electric vehicle sales are projected to reach ten to twelve percent this fiscal year. E-two-wheelers will drive this adoption, supp...
- Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
- Elon Musk's Tesla posts cash burn as capex surges on AI, robotaxi pushTesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries b...
- Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
- Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
- Volkswagen eyes JSW lifeline in India as group weighs majority stakeVolkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...
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