Japanese automakers Toyota and Nissan are considering importing US-built cars to Japan, a move driven by trade friction with the US rather than business logic. Japanese automakers are considering importing some of their US-built cars to Japan – a costly and impractical move that comes as Tokyo tries to placate President Donald Trump over its… Continue reading Japanese automakers may import some of their own US-built cars, in move aimed at Trump
Author: Economic Times of India Online News
EV sales recharge in October, cross 2 lakh mark
In the e-PV segment, though leading players like Tata Motors and JSW MG Motor reported strong festive season sales, overall PV volumes in Oct were lower than in the previous three months. The festive season in October, coupled with improved consumer sentiment, has given a much-needed boost to electric vehicle (EV) sales, which have crossed… Continue reading EV sales recharge in October, cross 2 lakh mark
SK Innovation swings to quarterly profit, expects resilient Q4 refining margins
SKs deal echoes a trend among EV battery makers expanding into energy storage as a hedge against slow EV battery demand. SK Innovation Co, owner of South Korea’s top refiner SK Energy, on Friday said refining margins are expected to remain resilient in the fourth quarter amid global supply disruptions and the onset of the… Continue reading SK Innovation swings to quarterly profit, expects resilient Q4 refining margins
Scania India picks GMMCO as dealer partner under new growth strategy
The move completes Scania’s transition to a fully dealer-driven model aimed at improving national coverage, customer service and operational agility. Scania Commercial Vehicles India on Friday said it has appointed CK Birla Group‘s GMMCO Ltd, as its new authorised dealer partner for Northern, Eastern and Central India, marking a major milestone in its renewed growth… Continue reading Scania India picks GMMCO as dealer partner under new growth strategy
China’s EV exports in focus as new five-year plan cuts subsidies: Maguire
Other Asian countries have been the next largest segment accounting for around 20per cent of total exports since 2018 and around $12.5 billion this year. China’s booming car sector has upended the entire global carmaker industry over the past decade, especially its EV producers which have supplanted combustion engine cars in sales at home and… Continue reading China’s EV exports in focus as new five-year plan cuts subsidies: Maguire
Jio-bp sets up 28 EV charging points at its Devanahalli retail outlet
This flagship destination brings together fuel, CNG, EV, retail, and cafe experiences under one roof, redefining convenience for customers and travellers alike, a Jio-bp said. Jio-bp on Thursday announced the launch of an integrated mobility hub with 28 EV charging points within a retail outlet at Devanahalli in Bengaluru. The Devanahalli outlet with a multi-fuel… Continue reading Jio-bp sets up 28 EV charging points at its Devanahalli retail outlet
It’s time to move away from auto incentives: Hanif Qureshi
Hanif Qureshi, Additional Secretary, Ministry of Heavy Industries It is time to step away from government incentives aimed at promoting electric vehicle (EV) production and adoption in India, said Hanif Qureshi, Additional Secretary, Ministry of Heavy Industries on Thursday.Over the years, the government has rolled out multiple schemes such as FAME I & II, PM… Continue reading It’s time to move away from auto incentives: Hanif Qureshi
All India Rubber Industries Association elects Anay Gupta as its President
Anay Gupta The All India Rubber Industries Association (AIRIA), the apex body representing India’s rubber industry, on Thursday announced its new office bearers for 2025-26. The appointments were made at the association’s 73rd Annual General Meeting 2024-25. Anay Gupta, Managing Director of Vinko Auto Industries, Delhi, has been elected as the President of AIRIA. K… Continue reading All India Rubber Industries Association elects Anay Gupta as its President
GM lays off 1,700 workers at plants in Michigan and Ohio amid slower EV demand
General Motors is laying off approximately 1,700 workers across Michigan and Ohio manufacturing sites due to slowing electric vehicle demand. General Motors is laying off about 1,700 workers across manufacturing sites in Michigan and Ohio, as the auto giant adjusts to slowing demand for electric vehicles. The Detroit News first reported the cuts on Wednesday… Continue reading GM lays off 1,700 workers at plants in Michigan and Ohio amid slower EV demand
Honda Motor to make India global manufacturing hub for new EV
Developed for India, the vehicle will be produced at Honda’s Rajasthan plant. Japanese carmaker Honda Motor will make India a global manufacturing hub for its upcoming electric, Honda 0 α (alpha), whose prototype was unveiled at the Japan Mobility Show. The car has been developed for the Indian and Japanese markets, apart from other Asian… Continue reading Honda Motor to make India global manufacturing hub for new EV