UAW President Shawn Fain has threatened a nationwide walkout at facilities, alleging that Stellantis has failed to keep promises it had made with the union. Stellantis has reversed its decision to lay off about 1,100 employees at an Ohio Jeep plant less than three weeks after the abrupt resignation of Chief Executive Carlos Tavares, the… Continue reading Stellantis reverses Ohio layoffs weeks after CEO’s abrupt departure
Author: Economic Times of India Online News
Tragedy on Jaipur highway: LPG tanker explosion leaves trail of destruction
Updated On Dec 22, 2024 at 12:19 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The resulting fire spread rapidly, engulfing nearby vehicles, including cars, two-wheelers, and a bus. In a horrifying incident on the Jaipur highway, an LPG tanker caught fire and exploded after a collision with a truck, resulting… Continue reading Tragedy on Jaipur highway: LPG tanker explosion leaves trail of destruction
How 2025 could be a breakthrough year for India’s auto industry
With cars becoming more technologically advanced, premium features are becoming crucial for car buyers. John Dias, a 42-year-old IT professional in Bengaluru, had been saving for months to buy a new car. His budget was tight and all he wanted was a reliable, fuel-efficient car with basic features like Bluetooth connectivity, rearview cameras and adequate… Continue reading How 2025 could be a breakthrough year for India’s auto industry
Auto sector revival hinges on rural growth and inflation easing in 2025: Sandip Sabharwal
How well it will be captured is something we need to see and the initial run-up because of this transition to EVs has already happened. Now, we need to watch out for the performance “2025, the key is that what sort of revival we see in the auto sector. This year has been very turbulent,… Continue reading Auto sector revival hinges on rural growth and inflation easing in 2025: Sandip Sabharwal
Shriram Finance targets INR 50 billion AUM from green finance business
The development comes at a time when the use of electric vehicles has grown rapidly in recent years to account for 2% of India’s annual sales of 4.2 million cars. India’s non-banking finance company Shriram Finance has consolidated its green finance business under Shriram Green Finance, it said on Friday, and targeted assets under management… Continue reading Shriram Finance targets INR 50 billion AUM from green finance business
Donald Trump aims at Joe Biden’s Inflation Reduction Act: EVs, clean energy and manufacturing
Trump advisers, meanwhile, have made a series of recommendations already that the Trump administration is expected to consider. President-elect Donald Trump has vowed to repeal Joe Biden’s signature climate bill called the Inflation Reduction Act, which initially aimed at some USD 400 billion in new spending and tax cuts and credits at accelerating America’s transition… Continue reading Donald Trump aims at Joe Biden’s Inflation Reduction Act: EVs, clean energy and manufacturing
India now has 25,202 public charging stations for EVs: Minister
As per the Vahan portal of the Ministry of Road Transport and Highways, the total registered electric two-wheelers in the country now stands at 28,55,015, with electric four-wheelers at 2,57,169 (as on December 4). As many as 25,202 public charging stations for electric vehicles (EVs) have been installed in the country to date, the government… Continue reading India now has 25,202 public charging stations for EVs: Minister
Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue
Tesla recalled 1,858,774 vehicles in the September quarter, the highest in the U.S., but issues in all them could be rectified through software updates. Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS). The TPMS warning light may not remain illuminated… Continue reading Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue
Maruti Suzuki to introduce comprehensive charging infra along with eVitara
The company has always believed that to promote EV adoption, it needs to create a holistic ecosystem that simplifies customers’ battery electric vehicle ownership journey, he added. New Delhi: Maruti Suzuki India on Friday said it will introduce a comprehensive EV ecosystem, including charging stations and home charging solutions, alongside its first offering in the… Continue reading Maruti Suzuki to introduce comprehensive charging infra along with eVitara
US new vehicle sales set to rise 7.3% in December, says report
The seasonally adjusted annualised rate (SAAR) for total new-vehicle sales is expected to be 17.2 million units, up 1.1 million units. U.S. new vehicle sales are expected to rise 7.3% in December, aided by deeper discounts from automakers and dealers, industry consultants J.D. Power and GlobalData said in a joint report on Thursday. The rise… Continue reading US new vehicle sales set to rise 7.3% in December, says report