The tractor industry, on the other hand, continues to exhibit robust growth, with domestic sales rising 27 per cent YoY in February, despite a 2 per cent MoM decline. The Indian automobile sector is expected to experience a phase of consolidation across all segments in the near term, however, long-term growth prospects remain strong for… Continue reading Auto sector faces near-term consolidation, strong growth expected in tractors and SUVs: Report
Author: Economic Times of India Online News
Automakers warn that Trump tariffs will hike vehicle prices as much as 25%
Last month, Ford CEO Jim Farley warned that 25% tariffs on Mexico and Canada would “blow a hole” in the U.S. auto industry. A trade group representing nearly all major automakers warned on Tuesday that new 25% tariffs on imports from Canada and Mexico imposed by U.S. President Donald Trump will lead to drastic price… Continue reading Automakers warn that Trump tariffs will hike vehicle prices as much as 25%
Gadkari calls for innovative solutions to lower hydrogen fuel station costs
Without achieving this, it will be difficult to make hydrogen fuel stations viable,” Gardari said during the flag-off of the first hydrogen-powered heavy-duty trucks for trials by Tata Motors. New Delhi: Union Minister of Road Transport and Highways Nitin Gadkari on Tuesday urged the industry to come up with innovative solutions to bring down the… Continue reading Gadkari calls for innovative solutions to lower hydrogen fuel station costs
Hopeful that India will be able to meet demand for lithium internally in 3-4 years: Reddy
The minister said approval has come for spending “Rs 32,000 crore for the critical mineral mission”. Coal and Mines Minister G Kishan Reddy said on Tuesday he was hopeful that India would be able to meet the demand for critical minerals like lithium from within the country in three-four years. Speaking to reporters on the… Continue reading Hopeful that India will be able to meet demand for lithium internally in 3-4 years: Reddy
India’s April-January finished steel imports from S.Korea, China, Japan hit record high
Hot-rolled coil or strips were the most imported grades. India’s finished steel imports from China, South Korea and Japan hit a record high in the first 10 months of the financial year, according to provisional government data seen by Reuters on Tuesday. India, the world’s second-biggest crude steel producer, shipped in record quantities of finished… Continue reading India’s April-January finished steel imports from S.Korea, China, Japan hit record high
India’s steel industry contemplates potential fallout from Trump administration tariffs
Indian steelmakers said they recognise the need to emit less but are apprehensive about how much it’ll cost them. Rows of small factories line the streets of a dusty suburb in Bengaluru, where workers weld and cast Indian-made steel into everything from car parts to kitchen sinks. Here, U.S. President Trump’s announcement to impose high… Continue reading India’s steel industry contemplates potential fallout from Trump administration tariffs
Audio Interview: Arbitrator selection in international automotive supply chain disputes
Ron Hesse speaks with Fred Acomb In the 14-minute Audio Interview, Mr. Acomb discusses these questions: What are the pros and cons of resolving international supply chain disputes through international arbitration? How does one select international arbitration as the means to resolve international supply chain disputes? What mistakes do parties commonly make when they attempt… Continue reading Audio Interview: Arbitrator selection in international automotive supply chain disputes
Fear of unknown in Delhi: No clue to identity of offending vehicles in 42% of fatal accidents
“There aren’t enough traffic officers deployed at late hours, which can also be one of the issues why a quick solution is not found in cases.” It won’t be an uncommon instance: a loud crash in the dead of night, a fleeting glimpse of taillights vanishing into the darkness, and a life lost in an… Continue reading Fear of unknown in Delhi: No clue to identity of offending vehicles in 42% of fatal accidents
Tata Motors shares slip 2% as February sales dip 8%
Once the best-performing Nifty 50 stock, Tata Motors has now become one of the worst in 2025 as it struggles with softening sales, EV competition, and global macroeconomic headwinds. Shares of Tata Motors fell as much as 2.3% on Monday to Rs 606.2 on the BSE after the automaker reported an 8% year-on-year drop in… Continue reading Tata Motors shares slip 2% as February sales dip 8%
Which car companies are in firing line of Trump’s tariffs on Mexico, Canada?
Ford has three plants in Mexico. It exported just under 196,000 cars to North America in the first half of 2024, with 90% going to the U.S., according to Mexico’s AMIA. The United States’ proposed tariffs on Canada and Mexico will take effect on Tuesday, but President Donald Trump will determine whether they would be… Continue reading Which car companies are in firing line of Trump’s tariffs on Mexico, Canada?