Latest News, Updates & Breaking Headlines
Renault and Ford have announced a new partnership aimed at jointly developing small, low-cost electric vehicles and commercial vans for the European market, in an effort to reduce production costs and defend their market share against fast-growing Chinese automakers. Speaking to reporters in Paris on Monday ahead of the announcement, Ford CEO Jim Farley underlined…
NEW DELHI: With demand continuing to be strong post the festive season, leading automakers – Maruti Suzuki, Mahindra & Mahindra, Tata Motors, Hyundai and Toyota Kirloskar – saw robust growth in sales in Nov as compared to the same month last year. Maruti Suzuki India reported the best-ever total sales, including exports, last month at…
India’s automobile sector could be heading into a renewed phase of demand over the next two to three years, helped by a series of major policy measures aimed at boosting disposable income and lowering costs for consumers, as per a new analysis by Incred Research.According to the report, the Nifty Auto Index surged 9 per…
BENGALURU: In a disturbing incident that jolted Chitradurga on Saturday night, a 35-year-old auto driver attempted to end his life in the heart of the city, allegedly driven to desperation by persistent harassment from traffic police. The man, identified as Thippeswamy from Malappanahatti village on the outskirts of Chitradurga town, poured petrol on himself and…
Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward revision could trigger government action following the latest GST reductions.Executives from major firms in categories such as soaps, biscuits, detergents, automobiles and consumer electronics said they plan to approach the government and…
KOLKATA: A 30-year-old woman was allegedly molested by an auto driver when she was travelling from Taratala to Porra-Aswathatala on Sunday. She was sitting in the front seat when the incident occurred. The driver, Nirmal Chettri, even allegedly followed her to her home but residents of the area caught him as she raised an alarm.Chettri…
China has granted exemptions to export controls on Nexperia chips for civilian applications, its commerce ministry said on Sunday, signalling a potential easing of pressure on the global auto industry hit by supply shortages following earlier curbs, Reuters reported.The announcement marks Beijing’s strongest indication yet that it will relax restrictions imposed after the Dutch government…
Union commerce and industry minister Piyush Goyal has concluded a three-day visit to Brussels, where India and the European Union engaged in negotiations to achieve a mutually beneficial, balanced and equitable trade agreement.During the visit that lasted from October 26 to October 28, Goyal held detailed discussions with Maros Sefcovic, European commissioner for trade and…
A majority of car buyers have used recent GST reductions not to save money but to upgrade to higher-end models and brands, according to a new study. As per news agency PTI, around 80 per cent of buyers surveyed said they used the tax relief to switch to a better model, brand, or premium add-ons…
CCTV footage showing the mob at the entrance to the officer’s complex KOLKATA: A mob of around 50, led by an auto driver, stormed a Sonarpur condominium, forced their way into the fourth-floor flat of customs inspector Pradeep Kumar and repeatedly assaulted him and his wife in front of their terrified four-year-old daughter on the…
