Kia India Enters a Phase of Correction, Revenues and Profits fall in FY-24

South Korean car major Kia India has reported its first year-on-year decline in profit and revenue since the COVID-19 pandemic, reflecting the impact of a slowing passenger vehicle market and intensifying competition in the Indian automotive sector. According to the company’s financial filing with the Ministry of Corporate Affairs, for the financial year that ended… Continue reading Kia India Enters a Phase of Correction, Revenues and Profits fall in FY-24

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009093

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009093

“Tax the Emissions, Not the Engine”: A Pragmatic Pitch for India’s Auto Sector from Toyota Kirloskar’s Vikram Gulati

As India intensifies efforts to shift towards cleaner mobility, policymakers are being urged to rethink their approach—not by choosing one technology over another, but by redefining how success is measured. Vikram Gulati, Country Head and Executive Vice President for Corporate Affairs and Governance at Toyota Kirloskar Motor, believes that a carbon-linked GST framework is essential… Continue reading “Tax the Emissions, Not the Engine”: A Pragmatic Pitch for India’s Auto Sector from Toyota Kirloskar’s Vikram Gulati

German FAZ: EU Commission imposed millions of fines against 15 car manufacturer009087

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturer009087

India a key focus for nearly all Japanese firms, says Terra Charge MD

Go Suzuki, Managing Director, Terra Charge India “India has all the right elements to drive growth in its electric vehicle (EV) industry and is poised to lead global initiatives in the sector over the next three to five years,” said Go Suzuki, managing director of Terra Charge India, in conversation with ETAuto. He further added… Continue reading India a key focus for nearly all Japanese firms, says Terra Charge MD

Electric 3W industry scales new high in FY2025 but misses 700,000 milestone by 900 units

So near, yet so far. Just like the overall Indian EV industry, which missed the 2-million retail sales mark by a whisker in FY2025, the electric three-wheeler industry has fallen short of the 700,000-units milestone by just 927 units. At 699,073 units sold, year-on-year growth for this segment was 11% (FY2024: 632,642 units) and accounted… Continue reading Electric 3W industry scales new high in FY2025 but misses 700,000 milestone by 900 units

Electric 3W industry scales new high in FY2025 but misses 700,000 milestone by 900 units

So near, yet so far. Just like the overall Indian EV industry, which missed the 2-million retail sales mark by a whisker in FY2025, the electric three-wheeler industry has fallen short of the 700,000-units milestone by just 927 units. At 699,073 units sold, year-on-year growth for this segment was 11% (FY2024: 632,642 units) and accounted… Continue reading Electric 3W industry scales new high in FY2025 but misses 700,000 milestone by 900 units

Electric 3W industry scales new high in FY2025 but misses 700,000 milestone by 900 units

So near, yet so far. Just like the overall Indian EV industry, which missed the 2-million retail sales mark by a whisker in FY2025, the electric three-wheeler industry has fallen short of the 700,000-units milestone by just 927 units. At 699,073 units sold, year-on-year growth for this segment was 11% (FY2024: 632,642 units) and accounted… Continue reading Electric 3W industry scales new high in FY2025 but misses 700,000 milestone by 900 units

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009082

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009082

India’s Two-Wheeler Quality Concerns Increase with Higher Usage: Study

According to the J.D. Power 2025 India Two-Wheeler Initial Quality Study (2WIQS) released on March 5, two-wheeler owners in India experience more quality-related issues as they accumulate kilometers on their vehicles. The study found that owners report an average increase of 9 problems per 100 vehicles (PP100) when they’ve ridden their vehicles more than 2,500… Continue reading India’s Two-Wheeler Quality Concerns Increase with Higher Usage: Study