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AUTOMOTIVE INDUSTRY
Auto makers post strong sales ahead of festive seasonIn September, automotive sales in India showed remarkable growth due to increased demand following the GST rate cuts. Maruti Suzuki led the...- US sanctions Iran’s major automakers, rail firms under new rules from October 1Washington’s latest Iran squeeze runs on wheels: The United States has imposed new sanctions targeting Iran's automotive and rail industrie...
- BMW to cut 8,000 jobs in Germany as AI-led restructuring takes shapeBMW plans to eliminate around 8,000 jobs in Germany as part of its cost-cutting restructuring plan. The German luxury automaker aims to enh...
- Ashok Leyland's best year in its history, and what the annual report says about holding on to itAshok Leyland sold more commercial vehicles in FY26 than in any year since it was founded, earned its highest-ever profit, and closed with ...
- CAFE-III gives auto industry investment clarity, supports cleaner technology adoption: Industry ExpertsIndustry leaders have welcomed India’s CAFE-III norms, saying the five-year framework provides automakers with greater policy certainty for...
- Inox Air Products files IPO papers; issue size not disclosedInox Air Products has unveiled a draft red herring prospectus as it seeks to raise substantial funds through an initial public offering. As...
- Stricter CAFE III norms notified for automakers: Cos need to cut average fuel usage of PV fleets over a 5-year periodThe Indian government has rolled out the CAFE III guidelines, pushing automakers to significantly reduce fuel consumption. This will entail...
- In CAFE 3, auto companies have wider choices and a better view of the roadIndia's new CAFE 3 emission norms are set to reshape automakers' investment strategies by promoting cleaner technologies alongside electric...
- These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analystsWhat is needed in the markets these days is realism. Not fear or gloom, but a clear-eyed acceptance of where things actually stand. Realism...
- Ford CEO Jim Farley strikes cautious note on Chinese automakers, says Europe is 'too late'Ford's CEO Jim Farley urged careful consideration of how Chinese automakers enter the US market and warned against potential negative impac...
- New steel policy draft ready, to set 2047 road map: SecretaryThe government is revisiting the current national steel policy 2017 to address major changes in the sector in the past decade including AI,...
- CarMax's quarterly profit, revenue rise as pricing boosts used-car salesCarMax on Tuesday reported a rise in second-quarter profit and revenue as the used-car retailer leaned on its pricing strategy to drive a r...
- SiMa AI raises $150 million in funding to advance physical AI technology and roboticsThe round was co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologi...
- 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...
- Karnataka, Singapore deepen investment ties; CapitaLand eye expansion: MB PatilKarnataka intends to strengthen its economic collaboration with Singapore, particularly in advanced industries. Minister MB Patil highlight...
- BlackBerry lifts annual revenue forecast on strength in automotive software businessRevenue at BlackBerry's QNX division, which develops software for safety-critical systems in vehicles, robotics, medical devices and indust...
- EV story in auto ancillaries is known. A second change could matter more: 5 auto ancillary stocks, 3 with upside potential of 9% to 24%What actually is an auto component company? If you forget the fact that it makes car parts, what you have is a precision-engineering busine...
- Auto sales growth likely to normalise after festive inventory build-up; West Asia inflation a risk: ReportIndia's automobile sales are expected to experience near-term support due to inventory build-up before the festive season. Demand remains s...
- UK PM Burnham wants 'Made in Europe' plan to involve BritainPrime Minister Andy Burnham emphasized Britain's role as a 'trusted partner' in the EU's 'Made in Europe' initiative, advocating against ex...
- Not source of EU's problems, but a partner: Beijing"China is not the source of the EU's economic and trade problems, but a partner in solving them," Commerce Minister Wang Wentao said in a s...
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