New spending reflects efforts by chief executive officer Antonio Filosa, who was appointed to the top job in May, to recalibrate investments across regions. Stellantis NV is planning to invest about $10 billion in the US as the troubled maker of Jeep sport utility vehicles and Ram pickups refocuses on the market that’s pivotal to… Continue reading Stellantis plans to invest $10 bn in US turnaround
Author: Economic Times of India Online News
Festive drive hits a roadblock as carmakers struggle to deliver amid truck, magnet shortage
Companies are working overtime, including using railways, to expedite deliveries amidst major logistical challenges. India’s auto industry is witnessing a surge in festive demand, but vehicle makers are facing delivery roadblocks due to a shortage of trucks, trailers and rare earth magnets, The Times of India reported. The situation has left carmakers racing against time… Continue reading Festive drive hits a roadblock as carmakers struggle to deliver amid truck, magnet shortage
Festive season lifts auto sales in September; October outlook stronger: Citi Research
Hyundai saw a one per cent rise in domestic volumes and a 44 per cent surge in exports. Passenger vehicle and two-wheeler sales showed signs of revival in September 2025, driven by festive demand and recent GST rate cuts, according to a report by Citi Research. The festive season began on September 22, prompting a… Continue reading Festive season lifts auto sales in September; October outlook stronger: Citi Research
Brazil’s Weg to sell locally made EV chargers to Europe next year
In Brazil, where according to executives Weg supplies batteries to 60 per cent of the country’s 1,168 electric buses operating so far. Brazilian motor maker Weg is set to begin selling made-in-Europe EV battery chargers to that same market next year, while it also looks to ramp up planned investments in Mexico to meet rising… Continue reading Brazil’s Weg to sell locally made EV chargers to Europe next year
EV sales show mixed trend in Sept; e-car sales up 160% YoY
In the e-car segment, total sales stood at 15,048 units in September, down 13 per cent compared to the previous month. New Delhi: Sales of electric vehicles across categories showed a mixed trend in September 2025 with marginal monthly declines but strong annual growth in some segments, according to JMK Research & Analytics. High-speed electric… Continue reading EV sales show mixed trend in Sept; e-car sales up 160% YoY
Bajaj Auto sees October sales set to surpass September on GST cuts, premium shift
Rakesh Sharma Bajaj Auto is witnessing robust festive season momentum, with October sales expected to outperform September, buoyed by the recent GST reduction, pent-up demand, and improved consumer sentiment, according to Executive Director Rakesh Sharma. Speaking to ET Now, Sharma said the GST cut has not only improved affordability but also lifted buyer confidence, prompting… Continue reading Bajaj Auto sees October sales set to surpass September on GST cuts, premium shift
Festive rush spurs vehicle delivery delays as automakers struggle with logistics
With festive sales momentum running high and supply chains under pressure, the auto industry is racing against time to meet customer expectations. New Delhi: India’s automobile industry is facing an unusual festive season challenge — not a lack of demand, but a shortage of logistics capacity. Following the recent GST reduction and subsequent price cuts,… Continue reading Festive rush spurs vehicle delivery delays as automakers struggle with logistics
In an Indian hinterland town, hotels become Japanese havens for auto expats
Early efforts by Japanese expats to acclimate in regular housing in nearby cities did not pan out, with the lack of easy access to meat and fish often proving too much. In India’s Gujarat, eating meat or seafood is frowned upon, but in the state’s dusty industrial town of Vithalapur, hotels with names like Osaka… Continue reading In an Indian hinterland town, hotels become Japanese havens for auto expats
South Africa secures China, India investments to boost local auto manufacturing
The SKD manufacturing technique involves turning partially assembled kits into finished vehicles, while CKD puts together cars from parts delivered to the site. South Africa has secured commitments from Chinese and Indian car companies to upgrade their semi-knocked-down (SKD) vehicle assembly operations to full-scale manufacturing, the South African trade minister said on Thursday, as industry… Continue reading South Africa secures China, India investments to boost local auto manufacturing
Maruti Suzuki becomes first carmaker to dispatch vehicles to Kashmir by rail
This rail-based initiative is expected to improve delivery efficiency, reduce logistics costs, and enhance regional connectivity, setting a precedent for automakers in India. New Delhi: Maruti Suzuki India Ltd has become the first automobile manufacturer in India to transport vehicles to the Kashmir valley via Indian Railways. The maiden train carried over 100 vehicles, including… Continue reading Maruti Suzuki becomes first carmaker to dispatch vehicles to Kashmir by rail