Trump’s Latest Tariffs Don’t Cover Auto and Auto Parts: ACMA

Trump’s Latest Tariffs Don’t Cover Auto and Auto Parts: ACMA

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 Regains Momentum in March, Can it Reclaim Wholesale Crown from Honda?

Hero MotoCorp Regains Momentum in March, Can it Reclaim Wholesale Crown from Honda?

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...
Shalender Singh Birla Steps Down As CEO (operations) Of ASK Automotive

Shalender Singh Birla Steps Down As CEO (operations) Of ASK Automotive

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 to Reduce EV Tariffs for US Trade Deal, Despite Domestic Automakers’ Concerns – Report

India to Reduce EV Tariffs for US Trade Deal, Despite Domestic Automakers’ Concerns – Report

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 and Nagaland Rural Bank Forge Strategic Financing Partnership

Ashok Leyland and Nagaland Rural Bank Forge Strategic Financing Partnership

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...
Freudenberg Group Reports Strong 2024 Performance

Freudenberg Group Reports Strong 2024 Performance

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...
Maruti Suzuki Announces Price Hike Across Models

Maruti Suzuki Announces Price Hike Across Models

Maruti Suzuki India Limited (MSIL), the country's leading automobile manufacturer, announced today that it will implement a price increase across its product lineup effective April 8, 2025. The company cited rising input costs, growing operational expenses, regulatory changes, and feature...
Maharashtra Approves E-Bike Taxi Service in Cities with Over 1 Lakh Population

Maharashtra Approves E-Bike Taxi Service in Cities with Over 1 Lakh Population

The Maharashtra Cabinet has approved a proposal to introduce electric bike taxi services in cities with a population exceeding one lakh.This initiative aims to enhance urban mobility by providing a cost-effective last-mile connectivity solution for short-distance travel of up to...
Maruti Suzuki WagonR Leads Passenger Vehicle Sales in India for Fourth Consecutive Year

Maruti Suzuki WagonR Leads Passenger Vehicle Sales in India for Fourth Consecutive Year

Maruti Suzuki India Limited (MSIL) has announced that the WagonR was India’s highest-selling passenger vehicle for the financial year 2024-25, recording sales of 1,98,451 units. This marks the fourth consecutive year the hatchback has maintained its top position, having led...
KPMG Releases Report on Emerging Trends in Infrastructure and Transport for 2025

KPMG Releases Report on Emerging Trends in Infrastructure and Transport for 2025

 KPMG has published its latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025, analyzing key developments influencing the global infrastructure sector. The report examines how industries are adapting to climate change, economic changes, and technological advancements, offering...
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