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General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."General Motors Detroit plant robots: General Motors has introduced 50 collaborative robots at its Factory Zero plant, a move that has led t...
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...
Auto ancillary stocks: Time for a re-rating as transformation nears the finish line? 6 stocks with upside potential of up to 34%When auto companies do well, it is an indication that the underlying health of the economy is not bad. The reason why we are using the word...
ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defenceSome auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, an...
Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 27%, according to analystsWe are in a phase in the US-Israel-Iran war where statements are made, then retracted. And, in a matter of just 48 hours, they are made all...
Hyundai Motors, Tamil Nadu govt join hands to build EV manufacturing, skill hubHyundai Motor India Limited is collaborating with the Tamil Nadu government to transform the region into India’s foremost electric vehicle ...
Hyundai Motor India to roll out its first mass-market EV from Chennai facility this yearThis year, Hyundai Motor India will unveil two innovative vehicle models sourced from its Chennai plant, featuring the company’s first budg...
Auto ancillaries: The next few quarters may separate winners from hopefuls. 5 stocks, 3 with upside potential of up to 33%The EV shift has moved from ambition to execution. And for auto ancillaries, the next phase may decide who was genuinely preparing for the ...
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summitU.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market...
ET Prime Special Series: Multibagger or Bankrupt - Part 54: Will manufacturing capability help this firm move into defence space?The auto ancillary sector is being forced to answer a difficult question: When technology changes, which suppliers remain relevant and whic...
Ford’s expansive EV puzzle: $5 billion investment and new T model — new race to counter China finally begin?Ford Motor Company is investing nearly $2 billion to transform its Louisville, Kentucky plant into a modern electric vehicle factory. Start...
Hyundai localises over 1.2k parts & EV battery packsThe Hyundai Creta electric is the first model to come equipped with locally assembled battery-packs from the plant. The Korean company's lo...
Mercedes-Benz mulls assembling more EVs in India to meet zero emission, carbon neutrality goalsMercedes-Benz is considering assembling more electric vehicles at its plant in India. This move aims not only to reduce costs but also to a...
US to award $1.7 billion to retool auto plants for EVsEnergy Secretary Jennifer Granholm told reporters the awards were a "hallmark of the Biden administration's industrial strategy" and would ...
Ather's Maha plans: BJP leader urges CM Siddaramaiah to persuade firm to invest in KarnatakaBJP MLA Arvind Bellad urged Karnataka government to persuade Ather Energy to set up its plant in Dharwad district, expressing disappointmen...
Elon Musk-led Tesla's rivals scrap for thin slices of US EV salesFord's decision to halt a planned $3.5 billion battery plant in Michigan highlights the challenge faced by Tesla's competitors in the US ma...
Hyundai, LG announce $4.3-billion plant in Georgia to build batteries for electric vehiclesThe Hyundai-LG plant is supposed to be able to supply batteries for 300,000 electric vehicles per year, which is the initial projected prod...