Auto Market News
Can this European CEO revive the American maker of Jeeps and Rams?
Carlos Tavares is facing pressure to revive drooping sales at Stellantis amid angst from dealers, workers and investors.
5 min read26 Sep 2024Mercedes-Benz slashes forecast from 11% to 7.5% amid China’s economy downturn
Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest blow to Germany’s struggling industrial sector.
1 min read20 Sep 2024I Gave Tesla’s Cybertruck a 48-Hour Thrashing. It (Mostly) Survived.
The elusive Cybertruck is one of the most polarizing vehicle debuts in history. But what’s it like to actually drive one? Dan Neil took one to the limit—and beyond—for two days to find out.
6 min read23 Feb 2024Toyota recalls 280,000 pickup trucks and SUVs in the US for faulty transmission problem
The recall covers certain Toyota Tundra pickups and Lexus LX 600 SUVs from the 2022 and 2023 model years. Also included are 2023 and 2024 Toyota Sequoia SUVs.
1 min read22 Feb 2024JSW Group eyes multiple global auto OEM alliances
The conglomerate is looking at Germany’s Volkswagen and China’s SIAC, sources said.
3 min read20 Feb 2024Mitsubishi to acquire 30% of TVS Mobility to venture into Indian car sales market
Leveraging TVS Mobility’s existing network of around 150 outlets, the venture is poised to become one of the largest independent car dealerships in India.
1 min read19 Feb 2024Decent Q3, but bumps ahead for Hero
In Q3, a sequential volume growth of 3% coupled with flat average selling price meant a 3% rise in operating revenue to ₹9,724 crore.
2 min read13 Feb 2024Uber Posts First Annual Profit Since Its IPO
The company’s latest results mark an end to the growth-at-all-costs era.
2 min read7 Feb 2024Mint Primer: Why passenger cars may move into the slow lane soon
After three consecutive years of robust sales, automakers anticipate a brake
2 min read7 Feb 2024Ford Could Get 50% More Profit Without EVs
Delaying investments in the technology will boost earnings but also prolong a messy transition.
2 min read7 Feb 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared