TVS remains optimistic about the strong demand for two-wheelers in international markets New Delhi: Two- and three-wheeler maker TVS Motor Company is looking to expand its network as some of the company’s electric vehicle (EV) products are in the “final stages” of development even as the launch of these products is strategically timed by the… Continue reading TVS Motor strategically times product rollout to match market dynamics
Author: Economic Times of India Online News
Automotive dealer Anil Garg of Shiva Auto passes away
Industry veterans say Garg’s contributions to the auto dealership ecosystem leave a lasting imprint, both through the scale of his enterprise and the values he instilled in it. New Delhi: Anil Garg, the founder of the Noida and NCR-based dealership conglomerate Shiva Auto Group, passed away on Tuesday morning. Garg began his entrepreneurial journey in… Continue reading Automotive dealer Anil Garg of Shiva Auto passes away
Bharat Forge shares in focus as Trump plans to ease auto tariff impact
Trump had earlier stated that he planned to impose the 25% tariffs on auto parts no later than May 3. Bharat Forge shares are likely to be in focus on Tuesday after U.S. officials announced that President Donald Trump’s administration would move to reduce the impact of proposed automotive tariffs. The move aims to ease… Continue reading Bharat Forge shares in focus as Trump plans to ease auto tariff impact
Bosch launches Supply Chain Studio to boost logistics efficiency
–Smart Warehouse that offers a digital twin of warehouse operations. This enables better efficiency, tracking, and automation. Launched at the Mobility Platform and Solutions’ (MPS) Summit 2025, it aims to address gaps in transport and warehouse management and last-mile operations, by integrating with ERPs and third-party marketplaces. The Supply Chain Studio has been developed following… Continue reading Bosch launches Supply Chain Studio to boost logistics efficiency
NTPC may cancel two contracts of 500 MW awarded to Gensol Engineering
NTPC Ltd‘s renewable energy arm is considering terminating two contracts close to 500 MW awarded to troubled Gensol Engineering Ltd for engineering, procurement, and construction (EPC) work. It may also cancel a third project that was in the process of being awarded to the solar EPC company, people aware of the development said. “An insignificant… Continue reading NTPC may cancel two contracts of 500 MW awarded to Gensol Engineering
DHL resumes global shipments of over $800 to US consumers
DHL blamed the halt it implemented on April 21 on new U.S. customs rules which require formal entry processing on all shipments worth over $800. The minimum had been $2,500 until a change on April 5. DHL Express, a division of Germany’s Deutsche Post, will resume global business-to-consumer shipments worth over $800 to individuals in… Continue reading DHL resumes global shipments of over $800 to US consumers
Tesla’s Semi factory in Nevada to have first trucks in production by end of 2025
Trump raised additional tariffs to 84% on April 9 and has since increased that to 125%, bringing the total tariffs on Chinese goods exported to the U.S. to 145%. Tesla, in an update on Semi, said that the first units of the electric trucks will be on the production line by the end of 2025… Continue reading Tesla’s Semi factory in Nevada to have first trucks in production by end of 2025
Trump to tout US investments from Nvidia, J&J, Hyundai, Toyota
Trump has said he is considering granting automakers some relief from new auto tariffs. CEOs and senior executives from Nvidia, Johnson & Johnson, Hyundai Motor, Toyota Motor, and SoftBank Group are among the more than two-dozen business leaders slated to visit the White House on Wednesday for an event highlighting U.S. investments, officials told Reuters.… Continue reading Trump to tout US investments from Nvidia, J&J, Hyundai, Toyota
Tata Motors board to consider raising ₹500 crore via securities this week
The company did not share details of how it plans to utilise the raised capital. Tata Motors on Monday said its board will later this week consider a proposal to raise up to ₹500 crore through the issue of securities on a private placement basis. A meeting of the duly constituted Committee of the Board… Continue reading Tata Motors board to consider raising ₹500 crore via securities this week
Audio Interview: Putting the Brakes on Fraudulent Parts in the Global Automotive Industry
Ron Hesse speaks with Roei Ganzarski In the 24-minute Audio Interview, Mr. Roei discusses these questions: Could you start by outlining the scale and impact of counterfeit and gray market parts within the automotive supply chain? Is there any impact from the recent tariffs on this? What are the most significant risks these parts pose… Continue reading Audio Interview: Putting the Brakes on Fraudulent Parts in the Global Automotive Industry