Latest Updates Around The World
New Delhi: Tata AutoComp Systems Ltd on Tuesday said it plans to set up several additional plants across India this year to strengthen its footprint and capacity to meet future demands.The company, which had opened two new factories in Sanand on January 30, said it now operates more than eight factories in Sanand in Gujarat.“We […]
Tata Motors Passenger Vehicles (TMPV) fell to a consolidated net loss in the December quarter from a year earlier profit, hit by the ongoing fallout from a cyber attack on British luxury car company Jaguar Land Rover and a challenging global demand environment.The Mumbai-based carmaker posted a net loss of ₹3,486 crore in the three […]
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Market leader Maruti Suzuki India on Monday said it is exploring a possible price hike for its vehicles as input costs rise, even as demand remains robust following the recent cuts in GST rates.Senior Executive Officer (Marketing & Sales) Partho Banerjee said rising commodity prices – especially precious metals – are driving up costs, prompting […]
Car repairs postponed? Oman now forces insurers to pay you in cash for each additional day In a significant shake-up to Oman’s car insurance landscape, the Financial Services Authority (FSA) has introduced sweeping reforms that now require compensation from insurers if car repairs are not completed on time, a first in the Gulf region and […]
Perhaps no automaker has been hit harder by the shifting political winds in Washington and the tumult in the global auto industry than Volkswagen. The German automaker’s U.S. sales fell 20% in the last three months of 2025 due to tariffs, trade conflicts and the loss of incentives to promote electric vehicles.Volkswagen’s problems are an […]
New Delhi: The auto industry expects demand to grow across all segments, including entry-level, by 2026, driven by better rural incomes and the recent rationalization of goods and services tax that has eased pressure on affordability. “The rollout of the GST 2.0 reform in September 2025 has markedly increased demand for passenger cars, commercial vehicles […]
Lower sales of two-wheelers reduced India’s auto industry growth to a low single-digit increase in November compared to a year earlier, vehicle registration data released on Monday showed.Scooters and bicycles account for three-quarters of all vehicles sold in the country. Last month, a decline in sales in the segment caused overall sector growth to fall […]
The Indian real estate sector is at an intriguing inflection point, with debt levels largely low and analysts suggesting the market may be approaching a peak. Aman Chowhan out Abakkus Asset in an interview with ET Now explained that markets focus more on sales velocity than profits when evaluating real estate companies. “Stocks will correct […]
