Tesla's China footprint complicates path to possible SpaceX mergerTesla's China operations present a major hurdle for any potential SpaceX merger. Analysts highlight technical and regulatory challenges in ...
Global Market: South Korean shares slip nearly 2% as AI spending worries overshadow softer inflationSouth Korean shares fell nearly 2% on Tuesday as renewed concerns over AI-related spending and heavy selling in semiconductor stocks oversh...
Global Market: Japan's Nikkei slips as intervention fears weigh; Toyota earnings in focusJapan’s Nikkei edged 0.11% lower, while the Topix fell 0.26%, as investors remained cautious over possible further yen-buying intervention ...
Carmakers partly absorb commodity shocks to keep production on trackIndian carmakers are absorbing rising commodity costs to sustain production levels. Demand for vehicles remains robust, driving sales growt...
Maruti Suzuki clocks record monthly production in July at 2,48,845 unitsMaruti Suzuki produced a record 2,48,845 vehicles in July, up 33% year-on-year, driven by strong demand across segments. Despite record out...
India PV sales hit record high in July, up 34% on strong demand and GST cutsAs per industry estimates, around 469,000 passenger cars, utility vehicles and vans were dispatched from factories to dealerships last mont...
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...
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 ...
E20 petrol FAQs: Govt clarifies impact on older vehicles, mileage and warrantiesThe government clarified E20 fuel program, addressing social media claims about engine damage. No verified evidence links E20 fuel to wides...
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...
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'...
Qualcomm wins BMW chip supply deal for future vehicle platformsQualcomm will supply chips for BMW's future digital cockpits and driver-assistance systems. This long-term agreement extends through the ne...
Ford raises annual profit forecast again as truck demand stays strongFord Motor has increased its annual profit forecast for the second time this year. Resilient customers are purchasing the company's expensi...
BYD launches EV mini-car in JapanBYD has launched the Racco electric mini-car in Japan, priced below 2 million yen before subsidies, aiming to revive weak sales and boost b...
US Senate panel advances bill tightening ban on Chinese automakersA US Senate committee approved legislation to ban Chinese automakers from the American market. This bill could affect German automaker Merc...