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CHINA AUTO INDUSTRY RESTRUCTURING
China's Xi calls for 'bigger, stronger' advanced manufacturing sectorChinese President Xi Jinping urged China to bolster its advanced manufacturing sector. He emphasized strengthening control over crucial ind...- China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
- Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industryVolkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...
- Parts suppliers think global as auto majors focus on sourcing mixThe trend is accelerating across major tier-1 suppliers, including Suprajit Engineering, Highway Roop Precision Technologies, SPR Auto Tech...
- China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
- Electric mobility a strategic imperative for Viksit Bharat 2047: NITI AayogElectric mobility is a strategic imperative for India's Viksit Bharat 2047 vision. Global shifts and geopolitical friction accelerate the t...
- How Trump's war on EVs derailed America's auto-factory revival | ExplainedUS electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs...
- Global Market: Hong Kong unveils first five-year plan, targets bigger push into technologyHong Kong has unveiled its first Five-Year Plan through 2030, targeting higher innovation spending and greater investment in AI, robotics, ...
- Global Market: China’s AI boom lifts factory output as property slump deepensChina's industrial output accelerated in August, supported by strong demand for AI-related technology and advanced manufacturing. However, ...
- China's factory output growth quickens in August, retail sales slowChina's industrial output grew 5.2% in August, quickening from July's performance. Retail sales saw a slower increase of 0.4% during the sa...
- India, China to see LNG demand rebound once Middle East supply crunch eases, executives say at Gastech conferenceAsian LNG demand from India and China is expected to recover soon. This rebound hinges on easing Middle East supply disruptions and falling...
- Oracle begins new round of layoffs: Logins stopped by 4 a.m., Slack disconnected by 5:30 a.m., then came the dreaded ‘6 a.m. email’; more job cuts likely in IndiaOn September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...
- Xi Jinping’s five-point BRICS plan puts China’s tech ambitions in spotlightChina's President Xi Jinping proposed five initiatives for BRICS cooperation next year. These proposals focus on artificial intelligence an...
- India-China trade: The numbers behind the relationship as Xi visits DelhiChinese President Xi Jinping's visit highlights India-China trade's stark imbalance. India's imports from China vastly exceed its exports, ...
- School Assembly News Headlines, September 10, 2026: Top national, international, business, sports updates and thought of the dayMaharashtra is on track to become India's first tokenised state, enhancing the ease of access to land records. Meanwhile, the Gujarat State...
- Global Market | China’s Trade Data: Auto, tech stocks in focus after export surgeChina’s exports surged 25% year-on-year in August, supported by strong overseas demand for automobiles and high-tech goods, while the count...
- UK rules out JLR bailout as Tata-owned carmaker plans 4,000 job cuts amid rising costsJaguar Land Rover plans significant job cuts over two years due to rising costs and competition. The UK government will not provide financi...
- Volkswagen to fire 12% of its India workforce amid major cost overhaulVolkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve perc...
- Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industryVolkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...
- Why a longer working week may not fix Volkswagen's woesGerman automakers face high labor costs and foreign competition. Calls are rising to extend the standard 35-hour work week to 40 hours. Thi...
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