auto industry

AUTO INDUSTRY NEWS

Trump approves tariff relief for US auto production, issues new truck duties

October 18, 2025 5:14 am

Trump's order makes automakers eligible for a credit equal to 3.75 per cent of the suggested retail price for US assembled vehicles through 2030.

Just like new: Demand for pre-owned cars matches first-hand auto sales

December 27, 2022 9:21 am

Companies say that the growing preference for personal mobility has gained traction post Covid

Sunroofs to air purifiers, auto majors target an emerging segment: 30-minus

November 28, 2022 8:43 pm

An analysis of information shared by car companies show a quarter of their sales coming from this segment -- an increase of about 5 percentage points over about three years.

May PV wholesales slow, below 2018 levels

June 11, 2022 12:27 am

The two-wheeler wholesale dispatches last month were not only far off from the volumes achieved three years ago, they were even below the figures attained nine years back.

How car shortages are putting the world’s economy at risk

November 02, 2021 2:44 pm

The shock waves from the semiconductor crisis, which is forcing virtually all carmakers to eliminate shifts or temporarily shut down assembly lines, could be strong enough to push some countries into recession.

Stakeholders' meet soon to discuss growth plans for auto industry: Prakash Javadekar

June 29, 2021 4:26 pm

Javadekar added that many ideas are floating around on e-vehicles and there are newer solutions coming up, "so we will hold stakeholder consultation in both the areas very soon".

Tesla's vehicle price increases due to supply chain pressure, Musk says

June 01, 2021 8:13 am

In May, Tesla increased its Model 3 and Model Y prices, the automaker's fifth incremental price increase for its vehicles in just a few months, the Electrek website reported.

Chip shortage forces carmakers to leave out some high-end features

May 06, 2021 12:57 pm

Nissan is leaving navigation systems out of thousands of vehicles that typically would have them because of the shortages. Ram no longer offers its 1500 pickups with a standard “intelligent” rearview mirror that monitors for blind spots. Renault has stopped offering an oversized digital screen behind the steering wheel on its Arkana SUV -- also to save on chips.

Auto industry has a major role to play in India’s economic growth

April 16, 2021 8:52 am

The industry has the potential to compete with global leaders. It must work with the government to grow by 10-12 per cent per year for the next 10 years, and more importantly, grow responsibly.

How the global chip shortage is impacting Japan's carmakers

January 15, 2021 2:44 pm

Lockdowns and travel restrictions are prompting housebound shoppers to snap up more phones, game consoles, smart TVs and laptops, which in turn has fueled demand for the chips used in those devices.

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