The current focus should be on finding quick and pragmatic solutions, Mueller said. A stand-off between China and the Netherlands over chipmaker Nexperia could significantly disrupt automotive production in the near future, Germany’s VDA industry association said on Tuesday. “The situation could lead to considerable production restrictions in the near future, and possibly even to… Continue reading German auto association warns of risk to production from Nexperia dispute
Author: Economic Times of India Online News
China minister discusses Nexperia, rare earth, EV tariffs with EU trade chief
Brussels is also coordinating with G7 partners on a response to Chinas curbs. China hopes the European Union will urge the Netherlands to put forward a proper solution to resolve a standoff over chipmaker Nexperia soon, Commerce Minister Wang Wentao told EU trade chief Maros Sefcovic in a video call on Tuesday, according to a… Continue reading China minister discusses Nexperia, rare earth, EV tariffs with EU trade chief
How electric mobility is powering India’s fight against pollution
India has a GDP contribution of approximately 7 percent and the third-largest in the world in terms of vehicle industry. India is again on the edge of the balancing festive season and sustainability. An increasing amount of pollution and the escalating worries about the quality of the air, as a side effect of using fireworks,… Continue reading How electric mobility is powering India’s fight against pollution
GM boosts full-year outlook as it foresees a smaller impact from tariffs and 3Q results top Street
General Motors raised its full-year adjusted earnings forecast, exceeding third-quarter expectations due to anticipated lower tariff impacts. General Motors anticipates a smaller impact from tariffs and is boosting its full-year adjusted earnings forecast as its third-quarter performance topped Wall Street’s expectations. Shares surged more than 9 per cent before the market open on Tuesday. The… Continue reading GM boosts full-year outlook as it foresees a smaller impact from tariffs and 3Q results top Street
General Motors raises 2025 core profit forecast
GMs second-quarter earnings had taken a $1.1 billion hit from tariffs, while the automaker reiterated that trade headwinds threatened to hit the bottom line by $4 billion to $5 billion this year. General Motors raised annual adjusted core profit forecast on Tuesday, betting that strong demand for its pickup trucks and SUVs would help counter… Continue reading General Motors raises 2025 core profit forecast
Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda
The Japanese government and some of the nation’s top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a $4.6 billion market that is dominated by Honda, according to documents reviewed by Reuters and seven people familiar with the matter. In July, Vietnamese Prime Minister… Continue reading Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda
China drags India to WTO over EV and auto incentives
The request for consultations is the first step in WTO dispute process. China has lodged a complaint against India at the World Trade Organization (WTO), alleging that certain Indian policies, including Production Linked Incentive (PLI) schemes for advanced chemistry cell (ACC) batteries, automobiles, and electric vehicle (EV) manufacturing, violate global trade rules. As per a… Continue reading China drags India to WTO over EV and auto incentives
Diwali Muhurat trading today. Analyst spots bullish setup in this auto stock for your Diwali strategy
As the Indian stock markets gear up for the symbolic Muhurat trading session on the occasion of Diwali on October 21, traders and investors are eyeing strategic opportunities rooted in long-term sectoral strength. In the run-up to this year’s session, equity benchmarks have exhibited strong upward momentum. The Nifty has comfortably crossed the 25,700 mark,… Continue reading Diwali Muhurat trading today. Analyst spots bullish setup in this auto stock for your Diwali strategy
Diwali fireworks choke Delhi: 36 out of 38 monitoring stations hit ‘red zone’, 4 record ‘severe’ AQI levels above 400
The CPCB categorises AQI between 0 and 50 as good, 51 and 100 as satisfactory, 101 to 200 as moderate, 201 to 300 as poor, 301 to 400 as very poor, and 401 to 500 as severe. As residents across the national capital celebrated Diwali with fireworks on Monday night, Delhi’s air quality took a… Continue reading Diwali fireworks choke Delhi: 36 out of 38 monitoring stations hit ‘red zone’, 4 record ‘severe’ AQI levels above 400
Statiq rolls out new EV charging membership programme
According to the company, Statiq Miles integrates real-time discounts directly through the app to enhance user experience and platform stickiness. Gurugram-based electric vehicle (EV) charging platform Statiq has introduced Statiq Miles, India’s first paid EV charging membership pass. Priced at an introductory ₹149 per month, the subscription offers users a flat 10 per cent discount… Continue reading Statiq rolls out new EV charging membership programme