AUTOMOBILE

The 25% import tariff imposed by the Donald Trump administration on automobiles a week ago went into effect on Wednesday. The tariffs were announced on March 26. Trump had also announced a 25% import duty on foreign-made auto components, used...

Schaeffler India has stepped up efforts to eliminate counterfeit products from the market through raids conducted in Delhi, Mumbai, and Kolkata in collaboration with local authorities. The operations resulted in the seizure of counterfeit products illegally marked with Schaeffler's brands...

Hyundai Motor Company today unveiled its redesigned IONIQ 6 and IONIQ 6 N Line models at the Seoul Mobility Show 2025 in Korea. The launch reflects Hyundai's  evolving  electrified streamliner lineup, building on the design legacy of the original IONIQ...

Addressing concerns of a 'double whammy' on the Indian auto sector, the Automotive Component Manufacturers Association of India has clarified that the latest move by the Donald Trump administration in the US to impose 26% tariffs on nearly all Indian exports...

Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, has shown strong recovery in its March 2025 dispatches after temporarily losing its wholesale market leadership to Honda Motorcycle & Scooter India (HMSI) in February. According to the company's latest...

ASK Automotive Limited announced today that Shalender Singh Birla has resigned from his position as Chief Executive Officer (Operations) for the company's Aluminium Lightweighting Precision Solutions (ALPS) and Cable Division. Shalender Singh Birla has over two decades of leadership experience...

India is set to lower import tariffs on electric vehicles (EVs) as part of a trade deal with the United States, despite opposition from domestic automakers, Reuters reported, citing government and industry sources. According to the report, the Indian government...

Ashok Leyland, the Indian flagship of the Hinduja Group, has signed a Memorandum of Understanding (MoU) with Nagaland Rural Bank to provide vehicle financing facilities for its customers, the companies announced on April 2, 2025. The partnership aims to deliver...

The Freudenberg Group has reported an increase in operating profit by 4.7 percent to €1.13 billion for the financial year 2024, while sales grew slightly by 0.4 percent to €11.95 billion despite negative currency effects of €76.9 million. The company's...