While remaining watchful of geopolitical developments, SIAM said the industry expects FY2025-26 to close on a positive growth trajectory. New Delhi: India’s automobile industry delivered a record performance in the October–December quarter of FY2025-26 and the calendar year 2025, while also closing December on a strong note, supported by policy-led affordability, festive demand and easing… Continue reading Indian auto industry clocks best-ever Q3, strong December sales on policy support, festive demand: SIAM
Author: Economic Times of India Online News
EVs still the ‘end game’ despite industry pullback: GM CEO
Several major automakers have pulled back from their EV ambitions, including GMs crosstown rival Ford Motor, which last month took a $19.5 billion writedown as it axed several EV programs. General Motors CEO Mary Barra said the Trump administration’s push to loosen fuel-economy rules has affected the automaker’s business even more than its fast-changing trade… Continue reading EVs still the ‘end game’ despite industry pullback: GM CEO
China says it has deal with EU on steps to resolve their dispute over EV imports
The value of battery-powered cars imported to Europe skyrocketed from $1.6 billion in 2020 to $11.5 billion in 2023. China said Monday it has reached a deal with the European Union on exports of Chinese made electric vehicles to the bloc. The Commerce Ministry in Beijing said the EU will be issuing guidelines on minimum… Continue reading China says it has deal with EU on steps to resolve their dispute over EV imports
Electric vehicles are booming, but can India secure enough copper?
It also underlines the importance of the role of integrated domestic players in bridging this yawning demand-supply gap. The entry of electric vehicles has virtually revolutionised the Indian roads as these sleek machines zip past their gas and petrol brethren, while slashing CO2 emissions and helping the cause of India’s climate. Driving this change is… Continue reading Electric vehicles are booming, but can India secure enough copper?
Europe’s unloved auto sector may surprise investors in 2026: Klement
Finally, I assume that companies will continue to buy back their shares at roughly the same rate as they did last year. After two years of significant underperformance, the European automotive sector is finally showing signs of a turnaround. Could this much-hated sector become an outperformer in 2026? Europe’s car manufacturers are in a terrible… Continue reading Europe’s unloved auto sector may surprise investors in 2026: Klement
Punjab launches auctions for mining sites across state
The Punjab government has launched fresh auctions for mining sites across the state and notified major reforms to the auction framework under the amended Punjab Minor Mineral Rules. Reiterating the government’s commitment to transparency and responsible resource management, Mining and Geology Minister Barinder Kumar Goyal on Sunday said, “Our government is committed to ending opacity… Continue reading Punjab launches auctions for mining sites across state
Punjab entrusts HSRP online applications to carmakers’ group
He said HSRPs had already been installed on over 64 lakh vehicles in the state so far. After the tender of the firm installing high security registration plates (HSRP) on vehicles in Punjab expired on Jan 8, Punjab entrusted the work to the Society of Indian Automobile Manufacturers (SIAM) to continue the online process, Punjab… Continue reading Punjab entrusts HSRP online applications to carmakers’ group
Road min seeks MV Act changes to rein in uninsured vehicles
The ministry has also proposed to amend another section to bring in graded eligibility to obtain licence for larger and heavier vehicles by attaining skill acquired through driving experience. In its bid to rein in the menace of uninsured vehicles plying on roads and unsafe driving, road transport and highways ministry has proposed amendments in… Continue reading Road min seeks MV Act changes to rein in uninsured vehicles
IIT Jammu partners with Skill-Lync to launch certificate courses in future mobility engineering
Indias mobility ecosystem is undergoing a major shift driven by the accelerated adoption of electric vehicles and the rise of software-defined vehicle (SDV) platforms. The Indian Institute of Technology (IIT) Jammu has partnered with Skill-Lync to offer certificate courses in future mobility engineering, aimed at addressing the rapid transformation underway in India’s automotive sector. Under… Continue reading IIT Jammu partners with Skill-Lync to launch certificate courses in future mobility engineering
From detaining uninsured vehicles to tougher driving tests: How Centre plans to clean up India’s roads with new MV Act rules
Insurance premiums could be linked to driver behaviour and vehicle history. These changes aim to enhance road safety and ensure more vehicles are insured. The Union road transport and highways ministry is planning major changes to the Motor Vehicles (MV) Act to deal with the growing problem of uninsured vehicles and unsafe driving on Indian… Continue reading From detaining uninsured vehicles to tougher driving tests: How Centre plans to clean up India’s roads with new MV Act rules