Page 2 - Automakers

Ola Electric Q1 result: Loss widens to ₹428 crore, revenue drops 50%

Ola Electric Q1 FY26 result: The EV maker expects to deliver up to 375,000 vehicles in FY26, with projected revenues of ₹4,200-4,700 cr

Gadkari's mega mobility plan: Electric buses, ropeways on fast track

Gadkari said the transport sector is undergoing a major transition, with initiatives like tree bank, mobile-based driving tests, and flex-fuel engines by 11 leading automakers in the pipeline

Car manufacturers push back against govt's aggressive emission limits

The proposed steep cut risks billions of rupees in penalties and threatens future investments in one of India's most critical manufacturing sectors

Consensus goes for a toss over question of weight in car CAFE norms

The new proposal made by the auto major goes against the consensus position submitted to the government in December 2024 after months of industry-wide consultation

Foreign automakers' market share in China projected to shrink further

Despite persistent competitive pressures, the nation's aggressive car price war is expected to evolve, rather than abate

Maruti has magnet stock till July, looking for alternatives: Chairman

R C Bhargava says commercial battle helps neither Indian nor Chinese companies

India, China discuss rare earth curbs amid auto industry concerns

The fact that India has now raised the rare earth issue with China in a diplomatic forum signals to automakers that a resolution may be in sight

Near-term demand challenges for Samvardhana Motherson International

The company also unveiled plans to quadruple its gross revenues over the next five years

Minus Zero unveils India's first AI-based end-to-end autopilot system

Minus Zero's vision-based autopilot system uses foundational AI models to navigate urban traffic in India, with production expected in 2 years through OEM partnerships

Auto index soars 25% from April low; Hero Moto, TaMo gain up to 6% on Thurs

At 02:47 PM; the BSE Auto index, the second largest gainer among sectoral indices, was up 2 per cent, as compared to 1.5 per cent rise in the BSE Sensex.

Tata Motors Q4 results: Net profit declines 51% to ₹8,556 cr, income flat

The automaker has declared total income of ₹121,012 crore in the Q4 FY25, the company had reported ₹120,431 crore total income in the corresponding quarter of previous financial year

Automaker Ford pulls outlook, sees $1.5 billion hit from Trump's tariffs

The automaker expects the duties to reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year

Domestic PV wholesales rose by 4.4% to around 353,000 units in April

Mahindra & Mahindra (M&M) emerged as the second-largest carmaker in terms of domestic PV wholesales in April, overtaking Hyundai and Tata Motors, which had ranked ahead of it in March

Ivan Espinosa takes charge at Nissan at one of carmaker's lowest points

Espinosa, who joined Nissan in 2003 in his native Mexico, has spent most of his time in strategy and planning. He most recently served as chief planning officer in the automaker's Yokohama headquarter

India may offer zero import duty on auto components for US at BTA

US last week imposed a 25% tariff on the import of automobiles and certain automobile parts

'Couldn't care less' if automakers raise prices due to tariffs, says Trump

Tariffs will hit a $240 billion trade route, with imported cars and light trucks accounting for about half of the roughly 16 million vehicles sold in the US last year

Trump warns auto industry: No car price hikes after tariff shake-up

Trump warned US automakers not to raise prices in response to his latest 25 per cent tariff on imported vehicles and parts, despite industry concerns over rising costs and inflation

Economist Arthur Laffer warns 25% US tariffs may severely hit automakers

Noted economist Arthur Laffer warns in a new analysis that President Donald Trump's 25% tariffs on auto imports could add USD 4,711 to the cost of a vehicle, adding that the proposed taxes could weaken the ability of US automakers to compete with their foreign counterparts. In the 21-page analysis obtained by The Associated Press, Laffer, whom Trump awarded the Presidential Medal of Freedom in 2019 for his contributions to economics, says the auto industry would be in a better position if the president preserved the supply chain rules with Canada and Mexico from his own 2019 USMCA trade pact. The White House has temporarily exempted auto and parts imports under the USMCA from the tariffs starting on April 3 so that the Trump administration can put together a process for taxing non-US content in vehicles and parts that fall under the agreement. Without this exemption, the proposed tariff risks causing irreparable damage to the industry, contradicting the administration's goals of ...

Global automakers warn Trump's tariffs will hurt them, US consumers

Whatever domestic economic gain comes from US President Donald Trump's new 25 per cent tax on imported cars and experts are skeptical automakers around the world are bracing for a lot of pain. In Japan, South Korea, Mexico, Canada and across Europe, the world's largest automakers employ millions of people whose livelihoods depend on US car buyers, who currently spend more than USD 240 billion annually on imported cars and light trucks. The Trump tariffs aimed at boosting US jobs and tax revenues will also affect imported auto parts, which were valued at USD 197 billion last year. The impact will be really huge and very disruptive, said Sigrid de Vries, director general of the European Automobile Manufacturers' Association. Vries and others critics say American car shoppers will also be worse off, as tariffs push prices higher. Policymakers around the world said on Thursday they were weighing their next moves namely, whether to retaliate, and if so, how. But they also express

President Donald Trump's punishing tariffs stun US' automaker allies

Mexico, Japan, and South Korea, along with Canada, account for about 75 per cent of US vehicle imports