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Luxury carmakers' gold-leafed Gulf profits are under threat from Iran warLuxury carmakers face a significant challenge as the Middle East market, vital for high profits, is under threat. Regional conflict has led...
Mahindra shares lose Rs 18,000 crore: Is India-EU trade deal really bad for top SUV seller?Mahindra & Mahindra shares fell over 4%, erasing Rs 18,000 crore in value, as investors worried about tariff cuts for European cars under t...
India-EU FTA: Tariff on EU-made cars slashed from 110% to 10%, but with a caveatIndia and the European Union have finalized a Free Trade Agreement. Tariffs on cars will significantly decrease from 110% to 10% for 250,00...
India offers EU auto quota six times larger than UK dealIndia has significantly opened its auto market to European automakers, offering a quota of 250,000 vehicles with reduced tariffs under a ne...
Long-term policy continuity, uniformity essential for auto industry growth: Stellantis India CEOStellantis India emphasizes the need for stable, uniform policies across Indian states. CEO Shailesh Hazela highlights the importance of lo...
Stellantis to recall over 250,000 US vehicles due to improperly sealed air bag, NHTSA saysStellantis is recalling 250,651 vehicles in the U.S., including certain 2022-2025 Pacifica and Voyager models, due to improperly sealed sid...
Europe's embattled auto sector plans plant closures and layoffsSeveral automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, ...
Auto industry's shift toward EVs is expected to go on despite Trump threat to kill tax creditsTrump plans to scrap EV tax credits. Automakers remain committed to electric vehicles. Companies have invested billions in EV technology. T...
EU auto biz slump throws IT’s growth plans off the trackTop IT giants Tata Consultancy Services (TCS), Infosys, and HCLTech reported softness in the automotive sector, particularly in Europe, dur...
Ahead of Market: 10 things that will decide stock action on FridayIndian indices fell sharply on Thursday, dragged by Middle East tensions. Nifty closed at 25,250, down 2.12%. Analyst Rupak De sees a beari...
Jeep unveils 1st electric SUVs for North America and EuropeThe new EVs, Jeep's first, are part of the Stellantis brand's plans to convert half of its U.S. sales and all of its European sales to batt...
Jeep India unveils SUV Meridian, price starts at Rs 30 lakh: Check out detailsThe deliveries of the Meridian will begin in June.
Jeep India launches SUV Meridian, price starts from Rs 29.9 lakhIt will be available in five variants, including all-wheel drive version, with introductory prices ranging from Rs 29.9 lakh to Rs 36.95 la...
Global auto major Stellantis to launch first EV in India next year, says CEO Carlos Tavares“I am sure, India will be able to grab this opportunity, we are ready to accelerate with our plans in the country” told Tavares to select m...
Jeep eyes leadership in lifestyle SUV space with MeridianMeridian, its first D segment SUV from Jeep has been developed with over 82% local content, designed to participate in the growing Indian p...
Jeep India launches SUV MeridianThe model is among the three new products along with Grand Cherokee and Compass Trailhawk that are being launched in India this year. The c...
Jeep to launch two new SUVs in India to boost salesJeep, which has less than a 1% share of India's car market, said last year it would invest $250 million to launch four SUVs in a country wh...
Jeep bets on Meridian to strengthen presence in India's premier SUV marketOn the anvil for Jeep in India this year are the Jeep Meridian and the Grand Cherokee to be rolled out in the second half of this year. Ste...
Chip woes slow carmakers in festive lap, shortage may pare sales by up to 450,000 unitsEven as consumer demand rebounded quickly after the second wave of Covid-19, spurred by an increased preference for personal mobility, outp...
Ford to invest around $300 million to build electric car parts at UK plant; set to produce 250,000 power units within a yearThe government is contributing to the investment through its Automotive Transformation Fund as brands intensify their electrification plans...