Donald Trump U.S. President Donald Trump said on Tuesday he intends to impose auto tariffs “in the neighborhood of 25%” and similar duties on semiconductors and pharmaceutical imports, the latest in a series of measures threatening to upend international trade. On Friday, Trump said levies on automobiles would come as soon as April 2, the… Continue reading Trump to introduce 25% tariffs on autos, pharmaceuticals and chips
Author: Economic Times of India Online News
Japan exports rise in January on brisk auto exports to US, but tariff threat looms
The large tariffs are likely to force major automakers such as Toyota Motor and Honda Motor to adjust their global production, analysts say. Japan’s exports rose for a fourth consecutive month in January led by auto shipments to the U.S., data showed on Wednesday, though economists said President Donald Trump’s threat of hefty tariffs on… Continue reading Japan exports rise in January on brisk auto exports to US, but tariff threat looms
German auto supplier Continental to cut 3,000 more jobs
Updated On Feb 18, 2025 at 07:32 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The firm employs about 200,000 people worldwide with about 31,000 of those in research and development. German auto supplier Continental said Tuesday it will cut a further 3,000 jobs by the end of 2026, the latest… Continue reading German auto supplier Continental to cut 3,000 more jobs
Bharat NCAP to have its 2.0 version from October 2027
It is learnt that there are also some new standards for ADAS features in the works. Bharat NCAP, which was launched on October 1, 2023 by the Minister of Road Transport and Highways Nitin Gadkari as a voluntary programme for assessing the safety quotient of vehicles, will see the start of its next phase in… Continue reading Bharat NCAP to have its 2.0 version from October 2027
M&M at its peak – Should you buy, sell, or hold?
The M&M stock recently hit its new all-time high of Rs 3,270.95 on the NSE on February 10 With strong fundamentals, a diversified portfolio, and an aggressive push into the electric vehicle (EV) segment, fund manager Sandip Sabharwal of asksandipsabharwal.com believes that Mahindra & Mahindra’s (M&M’s) strong fundamentals and growth potential make it a compelling… Continue reading M&M at its peak – Should you buy, sell, or hold?
Green steel needs incentives to work and Japan has a plan: Russell
Increasing the use of electric arc furnaces is also a possibility, but this needs high-grade iron ore, or DRI or HBI, to work. Decarbonising steel production is one of the major challenges of the energy transition, especially given that consumers across the world show little appetite or capacity to pay more for green steel products.… Continue reading Green steel needs incentives to work and Japan has a plan: Russell
Cyril Amarchand Mangaldas advises Roop Automotives on Carlyle’s stake acquisition
The transaction team was led by Anchal Dhir, Partner, Aditi Manchanda, Partner; and Jay Parikh, Partner; with support from Varun Kannan, Senior Associate; and Swini Khara, Associate. Cyril Amarchand Mangaldas acted as legal counsel to Roop Automotives Limited and its existing promoters i.e. Mohit Oswal (Managing Director) and Mr. Gaurav Jain (Director), with respect to… Continue reading Cyril Amarchand Mangaldas advises Roop Automotives on Carlyle’s stake acquisition
Tesla’s sudden Indian jobs plan comes amid Trump’s tariff threats
Tesla’s India intent follows Modi’s meeting with Musk and President Donald Trump in Washington last week. Less than a week has passed since Prime Minister Narendra Modi met with Tesla CEO Elon Musk, a key figure in the Trump administration now, to outline a bilateral roadmap for strengthening technology partnerships. Yet, within this short span… Continue reading Tesla’s sudden Indian jobs plan comes amid Trump’s tariff threats
Luxury car segment like growing startup, could reach 5% of total car sales: Audi India head
Audi India sales stood at 5,816 units in last year, 26.7 per cent lower compared to 7,931 units retailed in 2023. Luxury car segment in India, which currently accounts for 1% of the overall car sales in the country, is like a growing startup and it could become decent in size only when it crosses… Continue reading Luxury car segment like growing startup, could reach 5% of total car sales: Audi India head
Automaker Kia to showcase non-passenger military vehicles
According to Kia, the KMTV will replace South Korea’s existing 2.5-ton and 5-tonne military standard vehicles starting from June. South Korea’s second-largest carmaker, said on Monday it will participate in the International Defence Exhibition and Conference (IDEX) 2025 in the United Arab Emirates this week, showcasing its non-passenger military vehicles. IDEX 2025, the Middle East’s… Continue reading Automaker Kia to showcase non-passenger military vehicles