Automakers

Carmakers gearing up to hit refresh button as facelifts take priority

Planning mid-cycle facelifts over new launches

High-end car sales dip in China, taking toll on European automakers

Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort. That is bad news for European carmakers like Porsche, Aston Martin, Mercedes-Benz and BMW that have long dominated the upper reaches of the world's largest auto market. A slowing economy hits the luxury market --------------------------------------------- A prolonged property downturn in China has left many consumers with little appetite for big purchases. Meanwhile, the well-to-do are becoming increasingly shy about publicly displaying their wealth, said Paul Gong, UBS head of China Automotive Industry Research. Many car buyers have been swayed by a 20,000 yuan (USD 2,830) trade-in subsidy offered by the Chinese government for purchasing electric and plug-in hybrid vehicles. People tended to purchase cheaper, entry-level cars where the discount will count more and those cars are mostly .

Mexico's steep tariff hike to hit $1 billion in Indian auto exports

The import duty on cars will rise to 50 per cent from 20 per cent, dealing a significant blow to India's largest vehicle exporters to Mexico including Volkswagen, Hyundai, Nissan and Maruti Suzuki

Past gets a second drive as Indian carmakers revive legacy nameplates

Indian automakers are reviving legacy nameplates to leverage brand recall and stand out in a crowded market, as classic badges like Sierra, Safari, Baleno and Scorpio return to attract buyers

Carmakers report strong November sales growth on GST-driven demand surge

Market leader Maruti Suzuki reported a 21 per cent year-on-year rise in domestic sales, driven by sport utility vehicles as well as small cars like Alto

Auto rally doesn't downshift as Q3 outlook stays steady on firm demand

Strong order books keep automakers driving past slowdown fears

GST 2.0, customs reforms to boost Indo-Japan auto ties and EV push: Report

Significant regulatory transformations such as GST 2.0 and progressive customs reforms are likely to accelerate investment flows, promote EV adoption, and drive the next wave of Indo-Japan collaboration in clean mobility and advanced manufacturing, according to a report. With USD 43.3 billion in cumulative investments, Japan is India's fifth-largest foreign investor. A deeper utilisation of the Indo-Japan FTA will be key to driving competitiveness, enabling technology transfer, and advancing India's journey toward a sustainable, innovation-led automotive future, Grant Thornton Bharat and the Indo-Japan Chamber of Commerce and Industry (IJCCI) said in a joint whitepaper. "The convergence of GST 2.0 and targeted customs incentives marks a defining moment for India's automotive sector. Reduced tax rates, simplified compliance, and supply-chain-focused exemptions will not only elevate India's cost competitiveness but also strengthen its positioning as a manufacturing and export hub for .

What are CAFE norms and why are small carmakers worried about them?

While India's CAFE formula resembles the European Union, it lacks any adjustments for protecting small cars

Hitting a speed bump: Carmakers raise concerns over EV scheme rules

Automakers told the Heavy Industries Ministry that high investment thresholds, tough localisation rules, and pending India-EU FTA talks are deterring participation in the EV promotion scheme

Toyota to launch 15 new models in India, targets 10% market share by 2030

There are likely to be at least two new SUVs from Toyota's own brand, which will be designed to take on leading SUV-makers like Mahindra & Mahindra and Hyundai Motor

Nissan strengthens India export hub, completes 1.2 million vehicle exports

Nissan India marked the export of its 1.2 millionth vehicle from Tamil Nadu and announced plans to launch its new C-SUV, the Nissan Tekton, in 2026 to strengthen global exports

Tokyo auto show highlights technology but Trump's tariffs loom large

The Tokyo Mobility Show is highlighting more than just cars or the types of fuel they use from electric to hydrogen, but also various kinds of futuristic transport. Think scuttling robotic chairs, like the Uni-One from Honda Motor Co. The Tokyo-based maker of the Accord sedan says it is all about personal mobility as a mode for quick transport by 2035. Just sit on the boxlike machine as it zips around quietly. Toyota Motor Corp. showed a helicopter-like aircraft with six propellers, which was still in development in cooperation with US aviation company Joby. Such gadgetry, as well as more regular vehicles, are on display at the show, which runs through November 9 at Tokyo Big Sight exhibition space. It was previewed to media Wednesday, ahead of its opening to the public Thursday. Looming in the backdrop of the fanfare is the threat of auto tariffs under US President Donald Trump, raised to 15 per cent from 2.5 per cent, although an improvement from the 25 per cent he slapped on ...

Global automakers scramble for chips as Nexperia export ban hits supply

Nissan Motor and Mercedes-Benz are among the carmakers trying to get to grips with an uncertain supply situation, with Nissan saying it had enough chips until the first week of November

Ola becomes 1st Indian automaker to get govt nod for in-house ferrite motor

Ola Electric on Monday said it has become the first two-wheeler EV manufacturer to receive government certification for its in-house developed rare-earth-free ferrite motor. This marks a breakthrough milestone that eliminates reliance on imported rare-earth motors with permanent magnets, the Bengaluru-based firm said in a statement. The certification has been granted by Global Automotive Research Centre, Tamil Nadu, after Ola Electric's ferrite motor underwent rigorous performance verification and mandatory motor power tests as per AIS 041, that is notified by the Ministry of Road Transport, Government of India, it added. AIS 041 is an Automotive Industry Standard (AIS) issued by the Automotive Research Association of India under the Ministry of Road Transport and Highways. The tests showed that the company's in-house developed ferrite motor's performance matched that of the motors with rare-earth permanent magnet motors in terms of net power for 7kW and 11 kW variants, it said. T

Automakers may form pool to meet CAFE norms under BEE draft rules

BEE has issued draft CAFE-3 and CAFE-4 norms allowing automakers to pool fleets with up to two others for compliance, with penalties falling on the designated pool manager

US Automakers may soon hike car prices as tariff costs pressure profits

The average manufacturer's suggested retail price, or MSRP, on new vehicles in the US rose less than 1 per cent from mid-March to mid-August, according to car-shopping site Edmunds

US tariff of 15% on Japanese cars, auto parts to take effect from today

President Donald Trump signed an executive order to implement the deal earlier this month, setting a maximum 15 per cent tariff on most of Japan's products, including automobiles

Despite China's assurance, rare-earth magnet supply eludes automakers

Despite China's assurance, Indian automakers are yet to get rare earth supplies, deepening EV and auto component uncertainty

Auto stocks drive ₹3 trillion market capitalisation surge on GST cut

Tax cuts drive auto stocks higher as Maruti, Eicher, and TVS surge; analysts expect festival season demand to lift sales and profits across India's automobile sector

Chinese hybrids, EVs set to storm Munich in latest European expansion

BYD Co., Xpeng Inc. and Zhejiang Leapmotor Technology Co. are among manufacturers showing off new models at the IAA Mobility 2025 expo