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AUTOMAKERS IN CHINA
China car sales slump for ninth straight month, exports stay strongChina's car sales have declined for nine consecutive months, impacting domestic demand significantly. Automakers are now increasingly focus...- German car parts co Webasto plans to take local unit publicGerman auto parts giant Webasto is eyeing a $400-500 million IPO for its Indian unit by 2027, aiming to capitalize on India's booming car m...
- Explained: Why aluminium is emerging as manufacturers' preferred alternative to copperRecord copper prices are accelerating manufacturers' shift toward aluminium, driven by lower costs and lighter weight. Automakers are expan...
- Russian fuel crisis prompts rush for Chinese electric carsRussian drivers are flocking to Chinese electric vehicles amid severe fuel shortages caused by escalating Ukrainian strikes on energy infra...
- Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 salesTesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attr...
- Tata Motors PV Q1 update: Sales jump 46%; JLR volumes hit by supply disruptions and Middle East conflictTata Motors reported a 46% rise in passenger vehicle sales for the June quarter, driven by strong demand and record EV sales. However, Jagu...
- Trump administration declines to renew North American trade deal, starts 10-year wind-down clockThe United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufactur...
- Panasonic to localise its US data centre battery production, CEO saysAutomakers and battery companies, which now face a weak market for electric vehicles in the US, are scrambling to repurpose battery factor...
- Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
- China's Momenta kicks off Hong Kong IPO, targets up to $751 millionThe IPO comes as Chinese technology firms are returning to public markets, helped by investor demand for companies tied to AI, chips and au...
- India’s ethanol strategy: Automakers treading cautiously, consumers remain unconvinced and experts are waryWith the rollout of E85 fuel and policy changes to support mass flex-fuel deployment, the government is attempting something few large econ...
- China industrial profits stay resilient as economy leans on factories, exportsChina's industrial profits saw a double-digit rise in May, though at a slower pace, underscoring the economy's reliance on factories and ex...
- In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
- Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
- India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...
- Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
- Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
- White House set to host weapons makers as US defence stockpile worry growsThe White House is convening defense contractors this week to ramp up munitions production, as stockpiles are strained by the ongoing confl...
- At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...
- US connected-car rule prompts Ford, other automakers to seek licenses for China-built modelsAutomakers like Ford are seeking U.S. government authorization to continue selling vehicles with Chinese-linked software, facing a ban set ...
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