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VEHICLE INDUSTRY
Mercedes-Benz India rolls out E25-compliant cars amid biofuel pushMercedes-Benz India is introducing E25 compliant vehicles for the Indian market. This move anticipates future government regulations on bio...- Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investmentChina's largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 bi...
- Travis Kalanick’s Atoms secures $1.7 billion from a16z, Uber, others to expand into industrial AIAtoms, Travis Kalanick's robotics firm, has secured $1.7 billion in funding. This investment, led by Andreessen Horowitz, will fuel industr...
- Ashok Leyland partners Shriram Automall for pre-owned commercial vehiclesAshok Leyland and Shriram Automall have partnered to facilitate pre-owned commercial vehicle transactions. This collaboration aims to estab...
- Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
- STMicro's Q3 revenue view slightly lags estimates even as chip demand recoversThe Franco-Italian chipmaker forecast third-quarter revenue of $3.70 billion, plus or minus 3.5%, compared with analysts' average estimat...
- India's auto parts industry to clock 10% annual growth on semiconductor, defence, EV push: Goldman SachsIndia's auto parts sector will grow ten percent annually through fiscal year thirty. Diversification into semiconductors and defence will f...
- US Senate panel advances bill tightening ban on Chinese automakersA US Senate committee approved legislation to ban Chinese automakers from the American market. This bill could affect German automaker Merc...
- Parliament watch: Surge in ITIs since 2014; PMKVY improves job outcomes & moreIndustrial Training Institutes have seen significant growth in numbers and capacity. Ethanol blending has not caused widespread vehicle eng...
- Sona Comstar to form 2 JVs with Japanese Denso Corp for electric, hybrid powertrain systemsSona Comstar and DENSO Corporation are forming two joint ventures for electric and hybrid powertrain systems. These partnerships will focus...
- RBI plans unified code for foreign investment in equity instrumentsThe Reserve Bank of India proposed new rules for overseas fund flows. These draft norms will replace existing regulations governing foreign...
- Automobile industry urges formal mechanism for petrol pump fuel quality checks amid E20 concernsAutomakers want a formal system to detect fuel contamination at petrol pumps. Drivers report worsening vehicle performance after increased ...
- Expect commercial vehicle industry to grow in single digit this fiscal: Ashok LeylandAshok Leyland predicts a modest growth forecast in the single digits for the domestic commercial vehicles sector this fiscal year. Despite ...
- Goldman Sachs initiates coverage on Sansera Engineering, 3 other auto ancillary stocks with upside of up to 28%. Here’s whyGoldman Sachs has initiated coverage on four Indian auto ancillary companies, turning bullish on Sansera Engineering and Craftsman Automati...
- The New Oil? Why the world is chasing copperCopper has emerged as a strategic commodity powering the global shift towards clean energy, electric vehicles and digital infrastructure. W...
- Goa govt plans up to 50% subsidy on EVs for bike taxi, autorickshaw operatorsThe Goa government will offer up to a 50% subsidy on electric vehicles for licensed motorcycle pilots and autorickshaw operators, while set...
- Rising fuel costs accelerate EV shift; MG bets bigger on plug-in hybridsJSW MG Motor India is increasing its focus on new-energy vehicles. The company anticipates NEVs will comprise eighty percent of its sales t...
- India proposes CAFE-III norms to tighten fuel efficiency standards for passenger vehiclesNew fuel economy standards for passenger vehicles are proposed by the Ministry of Power. These Corporate Average Fuel Economy-III norms wil...
- India's passenger vehicle dispatches hit record high in Q1 as demand powers auto sales: SIAMDomestic passenger vehicle dispatches hit an all-time high in the first quarter of FY27. Two-wheeler and three-wheeler dispatches also saw ...
- Car sales jump 24% in June as auto demand stays strongIndia's passenger vehicle sales rose 24% year-on-year to 388,144 units in June, marking the third consecutive month of strong double-digit ...
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