The trend is accelerating across major tier-1 suppliers, including Suprajit Engineering, Highway Roop Precision Technologies, SPR Auto Tech...

Two state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.

Electric mobility is a strategic imperative for India's Viksit Bharat 2047 vision. Global shifts and geopolitical friction accelerate the t...

US electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs...

Hong Kong has unveiled its first Five-Year Plan through 2030, targeting higher innovation spending and greater investment in AI, robotics, ...

China's industrial output accelerated in August, supported by strong demand for AI-related technology and advanced manufacturing. However, ...

China'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...

Asian LNG demand from India and China is expected to recover soon. This rebound hinges on easing Middle East supply disruptions and falling...

On September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...

China's President Xi Jinping proposed five initiatives for BRICS cooperation next year. These proposals focus on artificial intelligence an...

Chinese President Xi Jinping's visit highlights India-China trade's stark imbalance. India's imports from China vastly exceed its exports, ...

Maharashtra is on track to become India's first tokenised state, enhancing the ease of access to land records. Meanwhile, the Gujarat State...

China’s exports surged 25% year-on-year in August, supported by strong overseas demand for automobiles and high-tech goods, while the count...

Jaguar Land Rover plans significant job cuts over two years due to rising costs and competition. The UK government will not provide financi...

Volkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve perc...

Volkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...

German automakers face high labor costs and foreign competition. Calls are rising to extend the standard 35-hour work week to 40 hours. Thi...