Despite the company's aggressive localisation strategy, which continues to absorb the bulk of increased costs, a selective price adjustment has become essential to maintain operational sustainability.
Mexico's decision to sharply raise import duties on goods from countries without a free-trade agreement will significantly disrupt India's exports beginning January 1, 2026, according to a new report by the Global Trade Research Initiative (GTRI).
Mumbai (Maharashtra) [India], December 11: Brakes India Private Limited and TBK Co., Ltd. recently signed a capital and business alliance agreement. With this, Brakes India, a TSF Group Company, acquires a 10% shareholding in TBK through a primary capital infusion. The investment marks an im
Ingolstadt [Germany]/ Moncalieri [Italy]/ Bengaluru (Karnataka) [India], December 11: The Audi Group is entering into a strategic partnership with UST, a global transformation company specializing in AI-powered technology, design, and engineering. UST, headquartered in Aliso Viejo, Californi
Global silver demand from the automotive industry is projected to grow steadily at a CAGR of 3.4 per cent between 2025 and 2031, as the metal continues to play a pivotal role across emerging technologies and green transition industries, according to a research report released by Oxford Econo
Vadodara (Gujarat) [India], December 10: Technology International, a leading solutions provider in porous polymer-based venting technologies and exclusive distributor of global brands including Porex, Oxyphen, Floeter and Tempil Inks, today announced the construction of a new state-of-the-ar
Gurugram (Haryana) [India], December 9: VinFast India, a subsidiary of global electric vehicle manufacturer VinFast, has been honored with the prestigious "Design of the Year Award" for its premium VF 7 SUV at the Zee Media Auto Summit 2025. The award recognizes VinFast's commitment to innov
New Delhi [India], December 9: More than 300 exhibitors from India and overseas are set to participate in AutoTech Asia 2026, one of the largest B2B exhibitions dedicated to the future of automotive technology and mobility in Asia. The event will take place from April 17-19, 2026, at Bharat
LG Energy Solution has signed a deal worth around 2 trillion won (USD 1.4 billion) with Mercedes-Benz Group AG to supply electric vehicle (EV) batteries, deepening the partnership between the South Korean battery maker and the German automaker. The agreement, valued at 2.06 trillion won, mar
Gurugram (Haryana) [India], December 6: In Vietnam, VinFast's ascent to the top of the automotive market has been one of the country's most remarkable industrial stories. A brand that began its journey only a few years ago now leads the market with record-breaking momentum. In October 2025 a
Dighi Port is set to handle 200,000 cars per year following a strategic partnership between Adani Ports and Special Economic Zone Limited (APSEZ) and Motherson, through its joint venture Samvardhana Motherson Hamakyorex Engineered Logistics Limited (SAMRX).
According to industry sources on Wednesday, the Korea Automobile & Mobility Industry Association estimates annual car exports at around 2.71-2.72 million units, down about 2.3 to 2.6 per cent from last year's 2.782 million units.