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Former Stellantis CEO Carlos Tavares has said that Elon Musk-led EV maker Tesla may face a steep challenge in the coming 10 years. Tavares told French newspaper Les Echos that Tesla is facing growing pressure from China’s BYD which, according to a Fortune report, overtook it in global EV sales earlier this year. “We can’t…
China’s new export restrictions on automotive chips and components, prompted by the Dutch government’s takeover of Chinese-owned chipmaker Nexperia, have left global auto companies including GM, Honda, Volkswagen and others ‘shocked’ and ‘anxious’. According to a report by Nikkei Asia, the tension between Netherland government and China over Nexperia are roiling the global automotive supply…
India’s auto sector posted a blockbuster quarter in Q3 2025, with 30 deals worth $4.6 billion, its highest in over a year, according to a report. The surge was largely powered by Tata Motors’ $3.8 billion acquisition of Italian commercial vehicle maker Iveco SPA, one of the biggest outbound deals by any Indian auto company.Upon…
US President Donald Trump on Friday signed an order that provides relief for American carmakers while introducing a 25% tariff on truck parts.The White House said the order extends an arrangement allowing companies to reduce tariffs on imported vehicle parts. At the same time, it imposes a 25% tariff on medium and heavy-duty trucks and…
BENGALURU: An auto driver attached to an app-based taxi booking firm was arrested on charges of abusing and attacking a 28-year-old woman after she cancelled the ride she had booked. The incident occurred at Hanumantappa Layout in Kyasalahalli, Kothanur, on the night of October 2. The victim, a call centre employee from the northeast, recorded…
BENGALURU: A woman in Bengaluru has alleged that she was abused by an Uber auto driver because she is from Northeast. The woman, who goes by Enn Bii on Instagram, posted a video showing the driver, Pavan HS, demanding that she speak in Kannada and allegedly trying to hit her. She also claimed that the…
NEW DELHI: Auto retails surged by a strong 34% to a record 11.6 lakh units in the auspicious Navratri period as GST cuts – that came into effect from September 22 – as well as start of the festive season in north boosted demand. The same was 8.6 lakh units in the nine-day Navratri period…
Passenger vehicle retail sales jumped 35 per cent year-on-year during this year’s nine-day Navratri period, according to the Federation of Automobile Dealers Associations (FADA). Overall vehicle registrations grew 6 per cent in September, as sales remained muted in the first three weeks before picking up following the implementation of new GST rates on September 22.Passenger…
AI image used for representative purposes NEW DELHI: Union Road Transport and Highways Minister Nitin Gadkari on Monday said that electric vehicle (EV) prices in India are expected to match the cost of petrol vehicles within four to six months, highlighting the economic and environmental pressures of India’s Rs 22 lakh crore annual fuel import…
NEW DELHI: The festive rush is there but car and two-wheeler companies, flush with orders after GST reduction and price cuts, are now facing a unique problem — ‘on time delivery’ of vehicles during festivals.While customers are seeking delivery around Dhanteras and Diwali, companies are finding it challenging to do so due to shortage of…
