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Industry News
At the interbank foreign exchange, the rupee opened at 87.00 before slipping to 87.29 against US dollar, marking a steep fall from its previous close of 86.62 on Friday. Rupee …
U.S. automaker Tesla encouraged its Chinese suppliers to set up plants in Mexico in 2023 to supply the factory it was planning to build in the country from early 2025, …
Gupta joined JSW MG Motor India from Bridgestone Indonesia where he was serving as the MD till Sept 2018. New Delhi: JSW MG Motor India’s Chief Growth Officer Gaurav Gupta …
Coupled with the duty exemption expansion to 63 additional capital goods for EV and mobile battery production, this creates a robust foundation for India’s manufacturing renaissance, he opined. Industry experts …
For a few years now, vehicle prices have shot up thanks to safety and emission regulations which made investments in additional technology and fitments mandatory. Abhishek Bhate is thrilled to …
- Industry News
Budget 2025: Agri focus, tax relief to create positive momentum for auto sector – ET Auto
Automobile dealer’s body FADA said the increase in the income tax exemption limit will directly boost demand for two-wheelers, passenger vehicles, and EVs, as consumers have more disposable income to …
EV penetration across two-wheeler, passenger vehicle, three-wheeler and commercial vehicle segments stood at 6.1%, 2.4%, 56.6% and 0.99% respectively in calendar year 2024. Electric vehicles are likely to become more …
TVS iQube TVS Motor Company reported a 17% year-over-year sales increase in January 2025, selling 397,623 units compared to 339,513 units in January 2024. This growth was driven by strong …