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auto industry

M&M is wheeling big money into business. What is the plan?

by Horatio Thompson
M&M is wheeling big money into business. What is the plan?

India’s fourth-largest auto company, M&M, is shifting into a higher gear and pressing down on accelerator. It plans to fuel its business growth with an ambitious capital infusion plan. It …

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Opinion | The real reason for the US’ new anti-China tariffs (and it isn’t unfair trade)

by Anas Siddiqui
Opinion | The real reason for the US’ new anti-China tariffs (and it isn’t unfair trade)

Democrats also cannot risk alienating their voters in rust belt states such as Pennsylvania, Michigan and Wisconsin, where efforts to revive US manufacturing are viscerally felt. As the White House …

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Strong sales growth for entry-level two-wheelers in H2 of FY24; big relief for automakers

by Horatio Thompson
Strong sales growth for entry-level two-wheelers in H2 of FY24; big relief for automakers

New Delhi: In a relief to automakers, sales of entry-level twowheelers — mostly bought by rural consumers — rose in strong double digits in the second half of FY24, underscoring …

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Scrap your old car, save big on your next buy: Major offers announced across India

by Horatio Thompson
Scrap your old car, save big on your next buy: Major offers announced across India

In what is expected to be significant boost for the govt’s efforts to speed up scrappage of old vehicles, as many as 21 states and UTs have announced some major …

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China EV war: Nissan to unveil more models, raise production, infuse AI in cars with Baidu tie-up in response to competition, CEO says

by Anas Siddiqui
China EV war: Nissan to unveil more models, raise production, infuse AI in cars with Baidu tie-up in response to competition, CEO says

Nissan Motor unveiled four new electric vehicle (EV) models at China’s largest auto show and vowed to build more EV products “in China, for China” despite intense market competition and …

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Stellantis recalls 10,000 vehicles in Canada for airbag defects

by Anas Siddiqui
Stellantis recalls 10,000 vehicles in Canada for airbag defects

Stellantis has recalled more than 10,000 Dodge and Chrysler sedans in Canada due to defective airbags. The company says an estimated 10,285 Dodge Charger and Chrysler 300 sedans between 2018 …

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Carmakers raise FY24 sales growth projection to 8.2%

by Horatio Thompson
Carmakers raise FY24 sales growth projection to 8.2%

New Delhi: The country’s car industry has for the second time revised upwards its growth projections for this fiscal to more than 8%, nearly twice the rate projected at the …

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A mini industry spawns under the hood of a booming car market

by Horatio Thompson
A mini industry spawns under the hood of a booming car market

Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. India’s passenger vehicle sales surged past 4 million units …

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China Plus One: Auto industry to invest $7 bn in 5 years to deepen parts localisation

by Horatio Thompson
China Plus One: Auto industry to invest  bn in 5 years to deepen parts localisation

Indian auto industry is set to invest up to $7 billion, or about Rs 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions …

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Stellantis CEO says there’s still life in Waymo deal for self-driving delivery vans

by Edgar Davis
Stellantis CEO says there’s still life in Waymo deal for self-driving delivery vans

Stellantis, the automaker that owns 14 brands including Chrysler, Jeep and Ram, and autonomous vehicle technology company Waymo are not only still working together, the companies are deepening the partnership, …

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