Stellantis CEO Antonio Filosa has urged the EU to adopt flexibility in its EV transition to protect the auto industry. The new chief executive of carmaker Stellantis has urged the European Union to show flexibility on the transition to electric vehicles in order to protect the auto industry. “A strategic dialogue is very important, but… Continue reading New Stellantis CEO calls for EU to help support car sector
Author: Economic Times of India Online News
From boardroom to policymaking: How Rama Shankar Pandey is bridging two worlds
Rama Shankar Pandey For over two decades, Rama Shankar Pandey built his name in India’s automotive sector. At Hella India Lighting Ltd and later at Tata Green Batteries, he steered businesses through competitive markets– known for sharp strategy and operational discipline in boardrooms. This week, at the Valedictory Function of the MoSJE Cohort 2024-25 in… Continue reading From boardroom to policymaking: How Rama Shankar Pandey is bridging two worlds
Iron ore gains on lower shipments, strong China steel exports
By 0831 GMT, the benchmark October iron ore on the Singapore Exchange was up 0.53 per cent at $105.4 a ton, the highest level since July 24. Iron ore futures rose for a fifth straight session on Monday, supported by a sharp fall in shipments from a major supplier and resilient steel exports in top… Continue reading Iron ore gains on lower shipments, strong China steel exports
GST cuts: Car, bike, FMCG and online platforms reduce prices
GST rate cuts are translating into lower consumer prices, with automakers, FMCG firms, and online platforms passing on benefits just ahead of the festive season. GST cuts by govt have started to result in lower prices for consumers as companies cut prices across segments to pass on the benefits of reduced taxation. Car and two-wheeler… Continue reading GST cuts: Car, bike, FMCG and online platforms reduce prices
EU carmakers close in on emission goals, but Mercedes lags, says report
All major European carmakers, except Mercedes-Benz, are set to meet the EU’s 2025–27 carbon emission targets, driven by rising electric vehicle sales, a report said. All European carmakers except Mercedes-Benz are on track to meet the European Union’s 2025-2027 carbon emission targets thanks to an expected surge in sales of new electric vehicles, according to… Continue reading EU carmakers close in on emission goals, but Mercedes lags, says report
China’s EV and hybrid sales growth at slowest in 18 months
However, August was the best month yet in terms of EV and hybrid sales for local Geely, Xpeng and Nio . China’s August sales of electric vehicles and hybrids grew at the slowest pace in one and a half years as the government continues efforts to halt punishing price wars. EV and hybrid sales outstripped… Continue reading China’s EV and hybrid sales growth at slowest in 18 months
South Korea’s EV sales up nearly 50% in January-August period
The EV5 will be produced at Kia’s Gwangju plant for both the domestic and export markets. Sales of electric vehicles (EVs) in South Korea jumped nearly 50 per cent from a year earlier in the first eight months of the year, helped by the release of new models, data showed on Monday. According to data… Continue reading South Korea’s EV sales up nearly 50% in January-August period
US to target more businesses after Hyundai raid
He said it was being taken out of context and that the Trump administration was only going to war with criminals and those violating immigration laws. President Donald Trump’s administration plans to target more businesses for immigration enforcement after a raid on a Hyundai facility in Georgia led to hundreds of arrests, a top White… Continue reading US to target more businesses after Hyundai raid
Auto retail sales pick modest speed in August; GST 2.0 expected to unlock festive demand in September: FADA
Passenger vehicle inventory levels stood elevated at around 56 days as enquiries remained strong but conversions slowed, with buyers awaiting the benefits of GST 2.0. Vehicle retail sales in India registered a modest 2.84 per cent year-on-year (YoY) growth in August 2025, supported by two-wheelers, passenger vehicles and commercial vehicles, even as the rollout of… Continue reading Auto retail sales pick modest speed in August; GST 2.0 expected to unlock festive demand in September: FADA
Hinduja Group to invest ₹7,500 crore in Tamil Nadu’s EV ecosystem: CM Stalin
TN CM Stalin announces ₹7,500 crore Hinduja Group EV investment; state secures ₹15,516 crore proposals under TN Rising, creating 17,613 jobs. Tamil Nadu Chief Minister MK Stalin on Saturday announced investment of ₹7500 crore by the Hinduja Group, which will boost the electric vehicles ecosystem in the state. In a post on X, CM Stalin… Continue reading Hinduja Group to invest ₹7,500 crore in Tamil Nadu’s EV ecosystem: CM Stalin