G7 trade ministers set to meet but not discuss latest US tariff threatG7 trade ministers gather in Paris to tackle critical minerals and small package trade issues. The ongoing Middle East conflict's economic ...
05 May, 2026, 08.14 AM IST
Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...
30 Apr, 2026, 05.49 PM IST
Global Markets | European shares steady as investors eye US-Iran talks, central banksAs investors steadied themselves for pivotal central bank meetings, European markets experienced minimal fluctuations. Oil prices rose, ref...
27 Apr, 2026, 03.27 PM IST
Quota under auto duty concessions to largely benefit traditional EU carmakers under FTAIndia and the EU have concluded a trade agreement. Mass market cars are fully protected. Import duty concessions for passenger vehicles abo...
28 Jan, 2026, 08.00 PM IST
Volkswagen presents compact electric SUV ID.CROSSVolkswagen on Sunday unveiled the ID.CROSS, a small electric SUV concept set for launch in summer 2026, priced between €28,000 and €30,000....
07 Sep, 2025, 05.38 PM IST
Volkswagen cranks up electric car investmentFrankfurt, Dec 9, 2021 - German auto giant Volkswagen said on Thursday that it would bulk up its investment in electric vehicles and digita...
09 Dec, 2021, 10.13 PM IST
Daimler to invest $755 mln in China for electric car, battery production: ExecutiveHubertus Troska, head of Daimler's greater China operations, said that the investment was part of 10 billion euros ($11.8 billion) global g...
17 Nov, 2017, 11.23 PM IST
Alstom delivers India made train sets to Chennai MetroAlstom today said it has delivered two made-in-India train sets to Chennai Metro Rail as part of the euro 243 million (about Rs 2,073 crore...
28 Feb, 2014, 07.29 PM IST
- No immediate plan to merge Fiat and Chrysler: CEO
Fiat and Chrysler chief executive Sergio Marchionne said he had no immediate plans to merge the two automakers as shares in a new stripped-...
03 Jan, 2011, 05.03 PM IST
- Daimler won't be split in two: Report
Daimler's trucks boss Andreas Renschler said there are no plans to split the German company into a passenger car maker and a truck maker, a...
17 Jul, 2010, 04.41 PM IST
- Automaker Audi's 1Q revenues rise 23.3 percent
Audi AG, the maker of luxury cars including the TT, A5 and A8, says its first-quarter operating profit and revenues have risen on demand in...
03 May, 2010, 02.16 PM IST
- Renault set for new tie-up with Daimler
France's Renault and Germany's Daimler are expected to announce a partnership Wednesday to exchange capital and share know-how in building ...
06 Apr, 2010, 09.09 PM IST
- Spain to extend new-car subsidies into 2010
Spain is extending its subsidies for new-car purchases, credited with reversing a slump in sales, for the rest of this year and into 2010, ...
25 Oct, 2009, 04.46 AM IST
- Continental AG reports Q2 loss
German car parts and tire maker Continental AG on Thursday reported a euro190 million ($268 million) loss for the second quarter as the glo...
30 Jul, 2009, 04.25 PM IST
- Volkswagen gets state backing to refinance car loans
The finance unit of German car giant Volkswagen said it had received up to 2 billion euros in state guarantees for refinancing car loans.
18 Feb, 2009, 10.29 PM IST
- EU proposes 5-billion-euro drive for green cars
The European Commission on Wednesday proposed an initiative of at least five-billion euros (6.5-billion dollars) to produce safer and green...
26 Nov, 2008, 07.26 PM IST
- Continental spurns surprise bid by Schaeffler
A closely-run family firm is pursuing German auto parts giant Continental with a surprise bid that was spurned by its target on Wednesday a...
16 Jul, 2008, 09.26 PM IST