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Global Market: European automakers get earnings boost as Chinese competition weighs on recoveryEuropean automakers have received a boost from recent earnings, but their recovery remains fragile. Rising competition from Chinese manufac...
India, Volkswagen clash in court over record $1.2 billion tax disputeIndia defended its record $1.2 billion tax demand against Volkswagen in a Mumbai court on Thursday, saying the German company never provide...
Yokohama expands Geolandar X-CV range to 37 sizes, targets India's SUV marketYokohama India plans to add five new sizes to its Geolandar X-CV tyre range shortly. This expansion aims to cater to the growing crossover ...
German businesses now see India as manufacturing, R&D and innovation hub: Piyush GoyalGerman companies are increasingly viewing India as a strategic manufacturing and innovation hub for the future. During a recent visit, Comm...
Volkswagen freezes India EV investment as JSW partnership talks continueVolkswagen has paused further investment in its India electric-vehicle programme pending greater clarity on a potential partnership with Sa...
Volkswagen bet on Xpeng to save its China business. It's not going to planVolkswagen’s ID. UNYX 08 electric SUV sold poorly, achieving only 267 units per month since its launch. The automaker initially aimed for 3...
Carmakers gear up with multi-powertrain models as Indian buyers shift beyond petrol, dieselCar manufacturers are expanding powertrain offerings by introducing electric, CNG, hybrid, and petrol options. Companies like Renault and S...
‘Could sell 3,000 more EVs a month’ if supply constraints ease: MahindraMahindra & Mahindra reported strong demand for its electric vehicles, which may reach 10,000 to 11,000 units monthly. Current production ca...
Bollywood actor Imran Khan who took part in CJP protest had sold his Ferrari, BMW and Mercedes for a common man’s Volkswagen Polo GT car. Why he ditched the luxury cars?Former Bollywood actor Imran Khan traded his luxury car collection, including a Ferrari, Porsche, Mercedes and BMW, for a customised Volksw...
Astranova Mobility arm gets NBFC licence, targets Rs 5,000 cr AUM in 5 yearsAstranova Mobility's lending subsidiary, Novafusion Capital, receives approval from the Reserve Bank of India (RBI) to operate as a Non-Ban...
Europe’s auto giants learn from China as Volkswagen, Stellantis rethink EV strategyVolkswagen and Stellantis are adapting their electric vehicle strategies by collaborating with Chinese automakers. Stellantis aims to impro...
European Union to restrict Chinese hybrid cars imports to 3,50,000 per year, says reportThe European Union (EU) has agreed to restrict the import of Chinese hybrid cars to 350,000, with an annual increase of 6 per cent. The ini...
Amitabh Bachchan once recalled the generosity of ‘elegant, handsome’ superstar who took him to a disco: ‘I was smuggled…'Long before Amitabh Bachchan became a superstar, he formed a lasting friendship with fellow actor, Libra, and Bollywood heartthrob Vinod Kh...
Advent International seeks CCI green channel clearances for Yatharth Hospital stake buyAdvent International's Rasmalai Limited has sought Competition Comission of India's (CCI) approval to acquire a stake in Yatharth Hospitals...
From pickups to idle plants: automakers seek lifeline from defence boomWestern automakers are increasingly looking at defense contracts as a way to boost revenues and utilize excess capacity. Companies like For...
JSW wants Volkswagen to bear $1.4 billion India tax bill in JV dealIn a push for collaboration, JSW Group is insisting that Volkswagen AG take on a significant tax liability that is still unresolved in Indi...
India probes LG, Samsung over alleged tariff evasion on imported OLED TV partsIndia is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five source...
A Xi-Trump summit deal can throw US carmakers under the China busUS automakers, suppliers and dealers are lobbying the Trump administration to keep Chinese carmakers out of the American market ahead of Pr...
Europe's STOXX600 falls as autos, telecoms lead broad sell-offEuropean stocks took a downturn on Friday, primarily influenced by the disappointing outlook from Volkswagen and considerations surrounding...
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...