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Automobile / The Economic Times

Stock market update: Nifty Auto index advances 1.0% in an upbeat market

The Nifty Auto index was trading 1.0 per cent up at 22510.4.

5 May 2025 10:30 am
With tariff war paused, customers leverage festivals to boost auto sales in April: FADA

Indian automobile retail sales saw a modest 2.95% increase in April, reaching 22,87,952 units, boosted by festive purchases. Two-wheeler and three-wheeler segments led the growth, while commercial vehicles experienced a slight decline. Dealers anticipate steady but muted passenger vehicle sales in May, with two-wheeler demand supported by marriage season and post-harvest activity.

5 May 2025 10:07 am
Planning to buy a car? These brands are safest from tariffs and these could cost you a bomb as new auto tariffs go into effect

2025 automotive tariffs are already shaking up car prices across the U.S., and not all vehicles are affected equally. This story breaks down which cars are safest from tariffs like Teslas Model 3 and Fords Mustang GT and which models are getting hit the hardest, such as the Hyundai Elantra and BMW M3. Experts warn that even with softened rules, prices will continue to rise, especially for vehicles with mostly imported parts. If youre planning to buy a car soon, this guide explains where the co

3 May 2025 11:30 pm
Trumps tariff not applicable on Canadian auto parts under CUSMA compliance

Canadian auto parts meeting CUSMA standards are exempt from new U.S. tariffs, providing relief to Canada's auto industry. This exemption safeguards economic growth and jobs in key provinces, reinforcing CUSMA's role as a shield against trade disruptions. The decision eases tensions and highlights the value of free trade within North America.

2 May 2025 8:18 pm
HMSI sells 4.8 lakh units in April 2025

Honda Motorcycle and Scooter India announced its April 2025 sales figures. The company sold 4,80,896 units, including domestic and exported vehicles. This reflects an 11 percent decrease compared to April of last year. Honda launched updated Dio 125 versions with new features. The company strengthened its premium motorcycle range with the 2025 CB350, CB350 H'ness, and CB350RS models.

2 May 2025 3:43 pm
Ford CEO admits startling reality: Automaker so dependent on foreign supply chains it cant even buy critical car parts in U.S

Ford CEO Jim Farley reveals the company's reliance on foreign auto parts. Some components like fasteners and carpets are unavailable in the US. Importing these parts is more economical for Ford. Tariffs on imported parts will increase production costs. This will eventually lead to higher prices for consumers. Ford will offer employee pricing for another month to boost demand.

1 May 2025 10:01 pm
M&M auto sales rise 19 pc to 84,170 units in Apr

Mahindra & Mahindra experienced a robust start to fiscal year 2025, reporting a 19% surge in overall auto sales, reaching 84,170 units in April. Utility vehicle sales within the passenger segment significantly contributed to this growth, climbing 28% to 52,330 units.

1 May 2025 5:59 pm
Skoda Auto Volkswagen recalls over 47,000 units to fix rear seatbelt

Skoda Auto Volkswagen India is recalling over 47,000 vehicles, including Taigun, Virtus, and Kushaq models, due to a potential manufacturing defect in the rear seatbelts. The recall affects vehicles manufactured between May 24, 2024, and April 1, 2025. The company is proactively contacting customers to resolve the seat belt concern, ensuring passenger safety.

30 Apr 2025 8:23 pm
UNO Minda, JV boards approve project report for EV power train products

UNO Minda Ltd and Suzhou lnovance Automotive have approved a Rs 423 crore project to develop and manufacture high-voltage EV power train products through their joint venture. UNO Minda's board has also approved a Rs 114 crore investment for a 70% stake in the JV, which will focus on components for four-wheeler passenger and commercial electric vehicles.

30 Apr 2025 2:04 pm
Duolingo CEO sparks outrage with 'AI-First' shift: Is the owl phasing out people power for automation?

Duolingo CEO Luis von Ahn announced the companys shift to an AI-first model, replacing contractor roles and integrating AI into hiring and performance reviews. Despite assurances of employee care, the move sparked backlash, with critics accusing the company of prioritizing automation over people. Many fear this will compromise language learning quality and undermine Duolingos human-centric mission.

30 Apr 2025 12:59 pm
Trump eases auto tariffs burden as Howard Lutnick touts first foreign trade deal

President Trump softened auto tariffs with credits and levy relief, aiming to ease investor concerns amid criticism of his economic policies. The move, allowing carmakers more time to increase domestic component usage, comes as a new set of import taxes looms.

30 Apr 2025 7:07 am
Trump to offer automakers some relief on his 25% tariffs, after worries they could hurt US factories

President Trump is set to sign an executive order easing some of the 25% tariffs on autos and auto parts, a move intended to boost domestic manufacturing jobs. The changes aim to prevent multiple tariffs on foreign-made vehicles and reduce tariffs on imported parts used in U.S. auto production.

29 Apr 2025 7:29 pm
Trucks and tariffs are a disastrous combination for big auto

Chinese companies like BYD and CATL are leading the electric vehicle revolution with innovations like ultra-fast charging, posing a significant challenge to US automakers. While EVs gain global market share, China dominates battery technology and offers cheaper models. The US auto industry faces disruptions from EVs, advanced driver-assistance systems, and China's growing dominance, potentially leading to Detroit's decline.

29 Apr 2025 5:16 pm
Indian business leaders harness AI for sustainability, but talent shortage is holding them back: Autodesk report

Indian business leaders are embracing AI for environmentally responsible outcomes, surpassing global averages. They express optimism about AI's transformative potential, prioritizing AI skills in hiring. While acknowledging potential industry disruption and skills gaps, Indian companies are investing in digital skills training and viewing sustainability as a core business strategy, driving long-term growth.

29 Apr 2025 2:48 pm
Trump to reduce impact of auto tariffs, Commerce secretary Howard Lutnick says

The Trump administration is set to ease the impact of automotive tariffs by reducing duties on foreign parts used in domestic car manufacturing. This move aims to reward companies manufacturing in the U.S. and encourage further domestic investment.

29 Apr 2025 6:38 am
White House says no decision yet on changing auto tariffs

The White House is yet to decide on auto import tariffs. Donald Trump's administration is thinking about streamlining duties. This involves overlaps between different types of tariffs. The administration is examining tariffs on imported autos and metals. They are also looking at those imposed over illicit fentanyl. Business leaders are working to change the president's mind.

24 Apr 2025 10:13 pm
Bengaluru MBA student from Bengal, working as bike-taxi rider, robbed by fake auto-rickshaw driver

In Bengaluru, Munna Hossain, a part-time bike-taxi captain, was robbed. Zabiullah, the accused, snatched his phone and scooter. He also forced Hossain to reveal his digital payment PIN and transferred money. Hossain jumped off the scooter and filed a police complaint. Police arrested Zabiullah, who is not an auto driver. He robbed Hossain of his valuables.

23 Apr 2025 2:36 pm
Tesla earnings report: Is Elon Musk returning from Trump administration DOGE to manage automaker?

Tesla stock has nearly halved from its December peak. The electric vehicle maker is fighting an enormous public backlash due to Elon Musks leadership of a federal government cost-cutting Department of Government Efficiency (DOGE).

22 Apr 2025 11:09 pm
When Karunanidhi fought for autonomy for states over 50 years ago invoking DMK icon Annadurai

Following in the footsteps of DMK founder C N Annadurai, M Karunanidhi championed state autonomy, moving a resolution in 1974. This built upon the Rajamannar Committee report, advocating for greater state powers while maintaining national integrity. M K Stalin has now formed a panel to further explore measures for strengthening state autonomy, continuing a long-standing fight.

20 Apr 2025 2:31 pm
Smart tech, self-driving and safety features to dominate auto industry by 2030: Niti Aayog report

A NITI Aayog report indicates a major shift in the automobile sector by 2030. Safety features and electric vehicles are driving this change. Advanced Driver-Assistance Systems adoption will rise sharply. Autonomous driving technology will also increase significantly. Software will play a bigger role in vehicle value. Electric vehicle components will constitute a large portion of car value.

19 Apr 2025 10:19 am
'Was certainly involved': Was Jill Joe Biden's 'autopen' and ran the White House? Trump's bold accusation

President Donald Trump was asked whether the former First Lady Jill Biden was Joe Biden's autopen. In March, Trump claimed pardons issued by Joe Biden are void as they were signed with 'autopen'. Although, he did not provide any evidence to support his claim. Legal experts also pointed out nothing in US law which would invalidate pardons signed by autopen.

17 Apr 2025 9:57 pm
Who is He Xiaopeng? Dubbed the Chinese Elon Musk, he has made Chinese cars outsmart the auto industry in the U.S. and EU

He Xiaopeng, dubbed the Chinese Elon Musk, is making waves in the EV world with XPeng Motors. China's EV market is booming, with NEVs comprising 50% of sales and advanced driver-assist systems becoming increasingly common. While the US and Europe lag behind, He aims for XPeng to become a leading global EV exporter.

17 Apr 2025 6:54 pm
Skoda India says it needs to increase share in group's overall exports with better planning

Skoda Auto India aims to increase its share in the group's overall exports through improved planning, focusing on expanding auto parts exports to ASEAN countries via its Mumbai Port factory. The company, celebrating 25 years in India, also launched the second-generation Kodiaq SUV. Skoda plans to integrate export considerations into the development of new car models for better market suitability.

17 Apr 2025 3:15 pm
Improving people managers' skills, AI-driven automation emerge as key focus areas for HR leaders: Mercer survey

Mercer's Global Talent Trends Report reveals that Indian HR leaders prioritise enhancing people management skills and aligning talent processes with skills for 2025. Workforce planning and AI-driven automation are also key focus areas as organisations adapt to technological advancements. The report emphasises the need for skills-based strategies and AI integration to reshape the future of work in India.

17 Apr 2025 1:06 pm
Bengaluru tragedy: 35-year-old autorickshaw driver killed as metro girder falls from trailer

In a tragic incident in Bengaluru, a 35-year-old autorickshaw driver named Khasim died when a girder fell from a trailer due to the driver's negligence. The unsecured girder, being transported for the Blue Line metro construction, crushed Khasim's vehicle during a U-turn.

16 Apr 2025 11:10 am
Global supply panic: Chinas rare earth export freeze hits everyone and not just U.S; tech, automotive, and defense sectors brace for major global shortages

Chinas rare earth export freeze has triggered a global supply panic, hitting not just the U.S. but major economies like Japan and Germany. After President Trumps Liberation Day tariffs, China retaliated by halting all rare earth shipments minerals crucial for tech, auto, aerospace, and defense industries. With ports blocked and export licenses on hold, industries worldwide face severe shortages. The U.S. is scrambling for alternatives in Greenland, Ukraine, and deep-sea mining. This rare earth

15 Apr 2025 8:44 pm
M K Stalin steps up attack on Centre, announces high level panel on state autonomy

Tamil Nadu Chief Minister M.K. Stalin has announced a panel, led by a retired Supreme Court judge, to re-assert state autonomy, marking 50 years since DMK's resolution. Stalin criticized the Centre for encroaching on state rights and the AIADMK for compromising on them.

15 Apr 2025 6:14 pm
Tamil Nadu CM MK Stalin steps up attack on Centre, announces high level panel on state autonomy

Tamil Nadu Chief Minister M.K. Stalin has formed a panel, led by retired Supreme Court Justice Kurian Joseph, to examine state autonomy. The committee will analyze Union-state relations, focusing on transferring subjects from the State List to the Concurrent List. An interim report is expected in January 2026, with the final report due in two years.

15 Apr 2025 12:20 pm
India's top science adviser pitches for strategic autonomy in quantum tech, flags gaps

India's top science advisor has raised concerns about the lack of domestic companies in quantum stacks and security, emphasizing the risk of import dependence. Strategic autonomy requires quantum safety, necessitating investments in quantum hardware and ecosystem development.

14 Apr 2025 4:09 pm
Drones, not diplomats: Chinas new warfare strategy is loud, fast, autonomous and already war-ready

China is reshaping the future of war with droneslots of them. Entrepreneur Naval Ravikant and investor Marc Andreessen believe traditional warfare is fading, replaced by fleets of autonomous machines. From hypersonic spy drones to mass-produced kamikaze UAVs, China is investing big in scale, speed, and cutting-edge designs. Backed by state firms and private giants like DJI, the country is preparing for a new age of conflictone with fewer boots, more bots, and a shifting balance of power.

11 Apr 2025 8:00 pm
Bajaj Auto non-executive director Madhur Bajaj dies

Bajaj had been admitted to Breach Candy Hospital in South Mumbai a few days back due to a health issue, the sources said, adding that he suffered a stroke two days ago.

11 Apr 2025 12:10 pm
Trump's 25% auto tariffs could cost US automakers $108 billion, study finds

A new analysis reveals that President Trump's 25% auto tariffs, implemented in early April, will significantly increase costs for U.S. automakers, potentially reaching $108 billion by 2025. Detroit automakers Ford, GM, and Stellantis are projected to bear a substantial portion of these costs, facing tariffs of nearly $5,000 per car for imported parts and $8,600 per imported vehicle.

11 Apr 2025 7:38 am
'US auto sales may fall by 1 m in 2025'

Goldman Sachs has significantly lowered its forecast for US automobile sales this year, anticipating a decrease of nearly one million units. This revision is primarily attributed to President Trump's tariffs, which are expected to increase the cost of both importing and manufacturing vehicles in the United States.

10 Apr 2025 11:52 pm
Trump does not pause 25% US auto tariffs, drawing criticism from Michigan business and auto groups

President Donald Trump announced a 90-day pause on some tariffs but maintained the 25% tariffs on automotive imports and potential tariffs on auto parts. This decision drew criticism from Michigan business and auto groups, including the Detroit Regional Chamber and MichiganAuto. They warned that the continued uncertainty and shifting trade policies risk disrupting the auto industry's global supply chains and harming its competitiveness.

10 Apr 2025 7:18 am
900 Kia car engines stolen in Andhra over five years; police launch probe

Over five years, approximately 900 Kia car engines were allegedly stolen from the company's manufacturing plant in Andhra Pradesh, prompting a police investigation initiated by Kia on March 19. Police suspect the thefts, which occurred both during transit and within the facility, to be an inside job involving current and former employees.

8 Apr 2025 9:33 pm
Canada launches WTO complaint over US auto tariffs

Canada has formally challenged the United States' imposition of a 25 percent tariff on automobile and auto part imports by filing a complaint with the World Trade Organization. Canada argues that the tariffs violate international trade laws.

7 Apr 2025 8:00 pm
Tariffs will lead to 2 million fewer auto sales in US this year, auto advisory firm forecasts

A prolonged global trade war could reduce U.S. and Canadian auto sales by 1.8 million vehicles this year and lead to stagnant growth over the next decade, according to Detroit-based advisory firm Telemetry. If current tariffs, including President Trumps 25% automotive import duty, remain until 2035, sales could drop by 7 million units compared to a no-tariff scenario.

7 Apr 2025 7:31 pm
'Is loneliness driving Bengaluru techies towards becoming auto drivers': TedX speaker's LinkedIn post goes viral

In Bengaluru, a string of real-life stories has captured public attention: full-time tech professionals moonlighting as gig workersnot for money, but for human connection. A viral LinkedIn post by Chaarmika Nagalla triggered the conversation after she met an Infosys employee driving a bike taxi on his day off. His reason was simplecombat loneliness and stay productive. Similar encounters shared in response suggest a quiet shift in how urban professionals are coping with solitude in a hyperconnec

7 Apr 2025 11:09 am
UK automaker Jaguar Land Rover pauses US shipments

Jaguar Land Rover has temporarily halted U.S. shipments due to new 25% auto tariffs imposed by the Trump administration. The company, which exports all its cars to the U.S., aims to address the new trading terms.

7 Apr 2025 12:32 am
Assam: BJP-NDA secures victory in Rabha Hasong Autonomous Council elections

The BJP-led NDA swept the Rabha Hasong Autonomous Council elections in Assam, winning 33 of 36 seats. The BJP secured 6 seats while its ally Rabha Hasong Jautho Sangraam Samiti won 27 seats. Congress secured only one seat. Chief Minister Hemanta Biswa Sarma expressed gratitude for the support towards Prime Minister Narendra Modi's policies.

5 Apr 2025 7:17 am
Auto wars begin: Canada slaps 25% tariffs on US cars, spares supply chains after Trumps trade war

Canadian PM Mark Carney announced a 25% tariff on US vehicle imports that do not comply with the free trade agreement, with revenue supporting the auto industry. Also, a 25% tariff will apply to non-Canadian or Mexican content in compliant vehicles, following US tariffs imposed on Canadian goods.

4 Apr 2025 6:39 am
Canada imposing 25% tariff on some US auto imports

Canadian Prime Minister Mark Carney condemned President Trump's new tariffs, calling them a tragedy for global trade. Canada will impose a 25% tariff on non-compliant U.S. vehicle imports but will exclude auto parts and Mexican content. Carney expressed doubt about a swift policy change from the U.S., highlighting the negative impact of Trump's protectionism on the global economy.

3 Apr 2025 10:18 pm