Page 15 - Automobile Manufacturer

Govt to extend easy visa rules to all PLI sector companies: DPIIT secretary

The PLI scheme covers 14 sectors, including mobile phones, drones, white goods, telecommunications, textiles, automobiles, specialty steel, and pharmaceutical drugs, among others

In a first, Tesla deliveries expected to dip 6% for second straight quarter

Tesla has hit a speed bump after years of rapid growth that helped make it the world's most valuable automaker

From US to Japan, here's how strongest car unions deal with EV job losses

In South Korea, Hyundai Motor Co. and Kia Corp.'s moves toward electrification are provoking similar anxieties in that country's highly active and organised labour movement

M&M may surpass Tata Motors, Maruti Suzuki in PV segment in June: Nuvama

Raghunandhan NL, director at Nuvama, predicts a 13 per cent overall volume growth for M&M's automotive sector (including PVs, commercial vehicles, and three-wheelers), reaching 70,500 units

Meity planning reboot of NPE; aims to revitalise electronics manufacturing

Meity has set up working group to frame finer contours of new policy

CAFE III emission targets to disrupt PV market trends 2027 onwards: Chandra

Shailesh Chandra, managing director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said that CAFE III standards, which will hit the industry around 2027

Volkswagen recalling 307,000 vehicles over airbag sensor wiring: Report

Volkswagen will notify all owners of the affected vehicles by August 16, the company said

More MNCs eye IPO route after passenger car major Hyundai Motor move

Investment bankers say early stage talks on with about half a dozen foreign firms

Three-wheeler exports may continue to skid in FY25 over subdued demand

As such three wheeler exports have been declining. According to SIAM data, in FY23, exports fell by 26 per cent, followed by a 17 percent fall in FY24

As vehicle sales hit brakes, manufacturers seek extended financing

Auto dealerships are grappling with a 60-day stockpile of four-wheeler inventory, which is imposing a financial burden due to the additional interest costs incurred during the extended holding period

Cars could get costlier as automobile emission norms set to tighten

Under the third phase of the corporate average fuel efficiency standards, automakers must reduce carbon emissions by one-third in three years

Uno Minda zooms 18% after deal with Inovance Automotive for e-4W expansion

Uno Minda's stock rose following its announcement of a technical licence agreement (TLA) with Suzhou Inovance Automotive Co, Ltd, China

Japan auto safety test scandal widens, Toyota halts some shipments

The ministry ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles. It said it will conduct an on-site inspection at Toyota's central Aichi prefecture headquarters on Tuesday

Post FAME-II: EV sales dip on incentive cuts, polls, and hybrid shift

Sector experts suggest that the sharp decline could be due to a combination of factors such as changes in government policies, customers shifting interest towards hybrids, and general elections

Centre must encourage both hybrids and EVs, says Maruti Suzuki India

As India aims for carbon neutrality by 2070, automakers are divided over the best pathway

Stellantis India appoints Shailesh Hazela as CEO & MD, effective mid-July

'I look forward to accelerating technological innovation and strengthening our position in existing and emerging mobility segments,' Hazela said after the appointment

May sees electric two-wheeler sales revving up, led by Ola Electric

Led by Ola Electric, overall electric two wheeler sales have gone up by around 12 per cent in May over the previous month

Car dealers may be staring at inventory stockpile exceeding 400,000 units

Automobile manufacturers said a record inventory of 400,000 vehicles valued at Rs 44,000 crore can be expected by the end of May due to less demand

FAME must include tractors and LCVs: TII's exec chairman Arun Murugappan

Murugappan discusses the EV road map, semiconductor plans, and the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India III (FAME III) wish list

PMI Electro Mobility faces subsidy fraud allegations under FAME scheme

The Ministry of Heavy Industries has now formed a team for a second probe into the allegations against PMI Electro