Police said that no-honking zones, such as areas near schools and hospitals, are under constant monitoring. On July 27, a group of seven-eight individuals allegedly attacked two men with beer bottles and stones in Sector 10, Dwarka. Two days earlier, a shooting took place near Ajmeri Gate in central Delhi. On the same day, a… Continue reading How honking is leading to uptick in road rage; experts link noise to aggression, anxiety
Author: Economic Times of India Online News
As costs pinch, auto cos hike prices
While companies are hoping to use cost reduction and product mix to manage the pinch, this could become a headwind going ahead, say top auto bosses. After a soft curve all through the second half of FY25, commodity prices are hardening once again and auto companies are already taking small price hikes to mitigate the… Continue reading As costs pinch, auto cos hike prices
Nissan begins talks with union to cut jobs at European regional office
Nissan begins talks with European staff union over job cuts amid regional office restructuring. Nissan Motor has begun negotiations with the union representing staff at its European regional office about changes that will include job losses, according to a company document and internal emails. The struggling Japanese automaker, which has embarked on a major restructuring,… Continue reading Nissan begins talks with union to cut jobs at European regional office
Toyota, Honda brace for profit falls as US tariffs, strong yen weigh
Toyota, Honda brace for weaker Q1 earnings as U.S. tariffs and strong yen offset robust hybrid demand. Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a stronger yen weigh on profits despite solid demand for hybrids in their biggest overseas markets. Japanese automakers face… Continue reading Toyota, Honda brace for profit falls as US tariffs, strong yen weigh
In motor accidents, claims not restricted to third party in Supreme Court
The insurance company held that the petitioner, legal heir of deceased vehicle owner, cannot at the same time be the liability holder and recipient of compensation. Motor vehicle insurance protects a policyholder against claims made by a third party for damages due to the policyholder’s actions, but what about a claim against injury/death of policyholder… Continue reading In motor accidents, claims not restricted to third party in Supreme Court
Poor infra, high crashes: Madhya Pradesh has long way to go on EVs
Other states with EV related deaths above MP were Bihar, Maharashtra, Rajasthan, West Bengal, Assam and Karnataka (99 deaths). Madhya Pradesh has one public EV charging station for 175 vehicles. Total number of public EV charging stations installed in MP is 1,147. EVs registered in MP are over 2 lakh. The state stands on ninth… Continue reading Poor infra, high crashes: Madhya Pradesh has long way to go on EVs
Niti Aayog urges shift from incentives to mandates for EV push
The proposals come amid growing concerns over slow EV penetration in certain categories, particularly e-trucks and 4Ws, even as e2Ws and buses gain traction. Niti Aayog on Monday called for a strategic pivot in India’s electric vehicle (EV) policy, urging a transition from reliance on incentives to a regime of mandates and disincentives, alongside a… Continue reading Niti Aayog urges shift from incentives to mandates for EV push
Exicom raises ₹259.41 cr via rights issue for debt reduction and expansion
The funds will also be directed toward general corporate expenses and expansion into markets including the United States, Europe, and Australia through its subsidiary Tritium. Exicom Tele-Systems Limited has announced the completion of its rights issue, raising approximately ₹259.41 crore through the issuance of fully paid-up equity shares. The issue, which was open from July… Continue reading Exicom raises ₹259.41 cr via rights issue for debt reduction and expansion
Bhopal MP on streets to drive home helmet safety
MP Alok Sharma distributes helmets in Bhopal, urging two-wheeler riders to prioritise safety as a responsibility, not just a rule. BJP MP from Bhopal, Alok Sharma, on Sunday distributed helmets to two-wheeler riders outside the police headquarters, urging them to treat safety as a personal responsibility rather than a rule to avoid. He said the… Continue reading Bhopal MP on streets to drive home helmet safety
Foxconn sells Lordstown car factory for $375 million
Foxconn sells Lordstown plant for $88 million, retains EV output and eyes wider US expansion. Taiwan’s Foxconn said on Monday it had struck a deal to sell the Lordstown former car factory in Ohio for $375 million, including its machinery, but said it would continue to use the site to make a broader range of… Continue reading Foxconn sells Lordstown car factory for $375 million