The dollar index dipped 0.2% to below 101.50 while Asian currencies advanced. The Indian rupee is likely to open slightly higher on Wednesday, helped by a decline in the dollar amid focus on the U.S. presidential debate and inflation data. The 1-month non-deliverable forward indicated the rupee will open at 83.96 to the U.S. dollar… Continue reading Rupee to take support from dollar’s decline, likely inflows
Author: Economic Times of India Online News
SIAM appoints Shailesh Chandra as its new president
Updated On Sep 11, 2024 at 08:36 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Shailesh Chandra Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd, has been elected as the new President of the Society of Indian Automobile Manufacturers (SIAM) for the term… Continue reading SIAM appoints Shailesh Chandra as its new president
98.1% Bengaluru respondents push for EV transition of fleets for last mile delivery: Study
A study by Sustainability Mobility Network reveals that 98.1% of Bengaluru respondents find EV transition crucial. For 98.1 per cent of respondents from Bengaluru, EV transition of fleets by companies is ‘very important’ to ‘somewhat important’ in reducing air pollution and emissions, according to a study released by Sustainability Mobility Network (SMN) on Monday. The… Continue reading 98.1% Bengaluru respondents push for EV transition of fleets for last mile delivery: Study
EU to lower proposed tariffs on Tesla, other EVs from China, Bloomberg News reports
European Union set to lower proposed tariffs on electric vehicles from China. The European Union will lower proposed tariffs on Tesla and other electric vehicles (EVs) from China, Bloomberg News reported on Tuesday, citing people familiar with the matter. Tesla’s proposed tariff rate is said to drop to just below 8%, from 9%, the report… Continue reading EU to lower proposed tariffs on Tesla, other EVs from China, Bloomberg News reports
US proposes new vehicle requirement to reduce pedestrian deaths
U.S. regulator is proposing a requirement that some future vehicles be redesigned. A U.S. regulator said on Monday it is proposing a requirement that some future vehicles be redesigned to reduce the risks of serious or fatal injuries in crashes involving pedestrians amid a rise in such deaths. The National Highway Traffic Safety Administration said… Continue reading US proposes new vehicle requirement to reduce pedestrian deaths
US probes 781,000 newer Jeep vehicles over underhood fire reports
U.S. auto safety agency said on Monday it is opening an investigation into more than 781,000 newer Jeep Wrangler and Gladiator sport utility vehicles. A U.S. auto safety agency said on Monday it is opening an investigation into more than 781,000 newer Jeep Wrangler and Gladiator sport utility vehicles after reports of underhood fires. The… Continue reading US probes 781,000 newer Jeep vehicles over underhood fire reports
Is there a disproportionate burden on the auto industry to further India’s sustainable goals?
Government is nudging the automobile industry to increase investments manifold in products and technologies. New Delhi: The government is nudging the automobile industry to increase investments manifold in products and technologies needed for India achieving its sustainable development goals. The expectations from the industry encompass investments in flex fuel vehicles, in vehicles which can run… Continue reading Is there a disproportionate burden on the auto industry to further India’s sustainable goals?
Piyush Goyal urges auto industry to capture opportunities in bicycle market
Updated On Sep 10, 2024 at 10:01 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Piyush Goyal has encouraged the automotive industry to explore new opportunities in emerging segments. New Delhi: Union Minister of Commerce & Industry Piyush Goyal has urged the automotive industry to look at capturing new opportunities in… Continue reading Piyush Goyal urges auto industry to capture opportunities in bicycle market
Audio Interview: Resource nationalism and its impact on the global automotive market
Ron Hesse speaks with Lisa Reisman In the 15-minute Audio Interview, Ms. Reisman discusses these questions: Despite the more sluggish global economy – in China, in Europe and in the US, we are still hearing of part shortages and material availability issues. Why is that happening because it runs counter to a lower demand environment?… Continue reading Audio Interview: Resource nationalism and its impact on the global automotive market
India must tackle geopolitical concerns and invest in future technologies to lead auto industry, says Jitin Prasada
Jitin Prasada emphasised the need for India to enhance its position in the auto industry by addressing geopolitical concerns. Jitin Prasada, Minister of State for Commerce & Industry and Electronics and IT, emphasised the need for India to enhance its position in the auto industry by addressing geopolitical concerns and focusing on future technologies. Speaking… Continue reading India must tackle geopolitical concerns and invest in future technologies to lead auto industry, says Jitin Prasada