Search For "auto industry"
Supply uncertainty of rare earth magnets from China could weigh auto indus
Updated : 9 months ago IST
Rare-earth magnet inventories are likely to 'taper off' by mid-July 2025 for the automobile industry, weighed down by the export restrictions from China and ensuing shipment delays, according to a release by rating agency ICRA.
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Indian auto industry may face disruption amid China's stricter Rare Earth
Updated : 9 months, 1 week ago IST
The Indian automobile industry is expected to face disruptions following China's decision to tighten export controls on rare earth elements (REEs), which are critical in manufacturing chips used in automobiles, according to a report by Emkay Research.
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Auto industry welcomes RBI's rate cut decision, believes it will add to co
Updated : 9 months, 1 week ago IST
The Automobile industry has supported the Reserve Bank of India's rate-cut decision, and they believe that this decision will add positive sentiment among consumers in the market.
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Record Passenger Vehicle sales, sharp decline in 2-wheeler sales in April
Updated : 10 months ago IST
Rajesh Menon, Director General, SIAM said, "Auto industry smoothly transitioned to the new regulatory regime of 2nd stage of On-Board Diagnostics (OBD) 2 regulation for Two and Three Wheelers from April 2025 onwards, in addition to rolling out E-20 compliant gasoline vehicles across the coun
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Smart tech, self-driving and safety features to dominate auto industry by
Updated : 11 months ago IST
The automobile industry is heading for a major transformation by 2030, driven by growing demand for safety features, electric vehicles, and smart technologies, according to a recent report by NITI Aayog.
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Cost of semiconductor chips per vehicle to double to USD 1200 by 2030 due
Updated : 11 months ago IST
The cost of semiconductor chips used in vehicles is expected to double from the current average of USD 600 to USD 1,200 per vehicle by 2030, according to a new report by NITI Aayog.
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EV Boom and Auto Industry Growth Poised to Transform Car Care Sector - Viv
Updated : 11 months, 1 week ago IST
Bangalore (Karnataka) [India], April 12: As India's automotive sector experiences significant expansion, driven by the surge in electric vehicles (EVs) and supportive government policies like the FAME II scheme, the demand for car care products is set to rise. Each new vehicle owner represen
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"Going to completely devastate our economy": Rahul Gandhi on US reciprocal
Updated : 11 months, 2 weeks ago IST
Congress leader and Leader of Opposition in Lok Sabha Rahul Gandhi said on Thursday that the United States' decision to impose reciprocal tariffs will "completely devastate our economy" with the auto industry, pharmaceuticals and agriculture among sectors expected to face the brunt.
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"Tariffs will be more generous than other countries ": US President Trump
Updated : 11 months, 2 weeks ago IST
US President Donald Trump on Sunday (local time) outlined his administration's approach to upcoming tariffs, the auto industry, and the economy, stating that the US would be more generous than other countries when asked if tariffs will be set at higher rates.
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Trump moves to protect US auto industry with 25 per cent hefty import tari
Updated : 11 months, 3 weeks ago IST
In a significant policy announcement from the Oval Office, President Trump has declared a 25 per cent tariff on all imported vehicles entering the United States, a move he described as "very exciting" for domestic manufacturing.
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Indian auto ancillaries are looking for new markets because of overhang of
Updated : 11 months, 3 weeks ago IST
The auto component industry in the country is facing export challenges due to the ongoing overhang of tariffs by the USA. In addition, currency depreciation has led to demand weakness in a few Middle Eastern countries and a major slowdown in the European region, says a report by DAM Capital
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Mahindra announces up to 3 pc price hike across SUV and CV range effective
Updated : 11 months ago IST
Automobile manufacturer Mahindra & Mahindra on Friday announced a price increase of up to 3 per cent on its SUV and commercial vehicle (CV) range, effective from April 2025.
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