In April, the subcompact Sandero was Europe’s No. 2 selling car – behind the Renault Clio – and the Duster SUV was No. 7, according to research firm JATO Dynamics. Luca de Meo’s abrupt departure as Renault CEO has kicked off a search for his successor, with analysts mentioning longtime insider Denis Le Vot and… Continue reading Renault’s CEO search may include insider Le Vot, Stellantis’ Picat, analysts say
Author: Economic Times of India Online News
Tata Motors shares drop 7% in 5 sessions
The automaker is also taking pricing actions in the US market to counterbalance import-related challenges and rising production costs. Tata Motors‘ stock continued to slide following a weak financial and operational outlook issued by its UK-based subsidiary Jaguar Land Rover (JLR) for FY26. The company’s shares fell 1 per cent to ₹679.20, marking a 7… Continue reading Tata Motors shares drop 7% in 5 sessions
India’s EV ambitions face setback as China tightens grip on rare earth exports
China‘s curbs on exports of some rare earth materials and magnets – used in automobiles, cell phones and myriad other devices – have stirred anxiety in corporate boardrooms the world over, including in India where automakers warn that production of new vehicles could soon grind to a halt. While supplies have started to trickle in… Continue reading India’s EV ambitions face setback as China tightens grip on rare earth exports
Nitin Gadkari unveils foundation stone for INDEA at XLRI Delhi-NCR
Nitin Gadkari Union Minister for Road Transport and Highways, Nitin Gadkari, virtually unveiled the foundation stone of the Indian School for Design of Automobiles (INDEA) at XLRI Delhi-NCR. The initiative marks the beginning of a specialised institute aimed at training professionals in automotive design and management. The foundation stone, named Param—a Sanskrit word meaning ‘supreme’… Continue reading Nitin Gadkari unveils foundation stone for INDEA at XLRI Delhi-NCR
India’s Auto industry navigates Chinese rare earth magnet supply amid US-China trade tensions
Interactions over procuring Chinese rare earth magnets are gaining pace as Indian automobile manufacturers try to avert production slowdowns. US and European carmakers have secured assured supplies from Beijing, which recently imposed export controls on magnets used in auto components. End-user requirements are being seen as a bargaining tactic in China’s ongoing trade negotiations with… Continue reading India’s Auto industry navigates Chinese rare earth magnet supply amid US-China trade tensions
India needs its own automotive design identity, says Avik Chattopadhyay
He believes that Indian mobility design can draw inspiration from the country’s rich heritage in craft, architecture, and visual culture. As India scales up its ambitions in manufacturing and mobility, a senior industry voice has called for an urgent rethinking of the country’s approach to automotive design. Speaking at the foundation stone-laying ceremony of the… Continue reading India needs its own automotive design identity, says Avik Chattopadhyay
India engages China over rare earth export curbs impacting auto sector
The Chinese government has implemented a new regime, effective April 4, requiring special export licences for seven rare earth elements and related magnets. India is hopeful of reaching a positive resolution in its ongoing diplomatic and commercial discussions with China over export restrictions on rare earth magnets—critical components for the automobile and white goods sectors,… Continue reading India engages China over rare earth export curbs impacting auto sector
Hyundai starts engine production at Talegaon facility ahead of full operations
The facility is a key part of Hyundai’s plan to scale up its domestic production capabilities. The plant has an existing manufacturing capacity of 130,000 vehicles and 160,000 engines per year. Hyundai Motor India Ltd on Monday announced that it has commenced production of passenger vehicle engines at its manufacturing facility in Talegaon, Maharashtra, according… Continue reading Hyundai starts engine production at Talegaon facility ahead of full operations
Japan’s Ishiba heads to G7 to press Trump to drop auto tariffs
“If it goes badly, it could even be seen as a positive for Ishiba, standing up to Trump and standing up for his country when he’s under assault,” said Michael Cucek, a political science professor at Temple University in Tokyo. Japanese Prime Minister Shigeru Ishiba heads to Canada on Sunday for trade talks with U.S.… Continue reading Japan’s Ishiba heads to G7 to press Trump to drop auto tariffs
India must address import dependence in Cobalt supply to boost security
The border may have cooled, but a more enduring battle brews far from the frontlines—deep inside supply chains and smelting plants. The brief but tense India-Pakistan standoff, where air defence systems were activated and electronic surveillance was ramped up, exposed an uncomfortable truth: India’s reliance on imports to meet its demand for Cobalt that powers… Continue reading India must address import dependence in Cobalt supply to boost security