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Michelin proposes three tire ranges for the new all-electric Porsche Macan

Michelin proposes three tire ranges for the new all-electric Porsche Macan
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Maruti Suzuki Q4 net profit rises 48% to Rs 3,878 cr, firm declares Rs 125 dividend

For the entire financial year, the company’s standalone net profit went up by over 64 percent to Rs 13,209 crore as against Rs 8,049 crore during the previous year ended March 2023

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Maruti Suzuki earmarks Rs 10,000 crore capex for FY 2024-25

The carmaker, which had earmarked around Rs 6,800 crore in FY24, currently produces 2.35 million units per annum split across its manufacturing plants at Gurgaon and Manesar in Haryana and Hansalpur in Gujarat

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Toyota fails to meet 10.1 million output target in FY 2023 amid scandals

Toyota Motor Corp. says its global production in fiscal 2023 grew 9.2 percent from a year earlier to a record 9.97 million vehicles but fell short of its goal of 10.1 million, impacted by rec

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China EV war: Nissan to unveil more models, raise production, infuse AI in cars with Baidu tie-up in response to competition, CEO says

Nissan Motor unveiled four new electric vehicle models at the Beijing Auto Show and vowed to build more EV products ‘in China, for China’ in an attempt to recover lost sales.

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Electric Car Sales Are Falling Apart

Slamming the Brakes After racing to meet surging demand for EVs just six months ago, carmakers are now slamming the brakes, and significantly cutting their plants' output. It's an early sign carmakers vastly overestimated the appetite for electric cars, which are increasingly sitting on lots unsold. Is it an overcorrection, triggered by a COVID-era supply […]

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Volkswagen in talks over future of Xinjiang site as pressure mounts, ET Auto

Volkswagen: The issue adds to pressure on Germany's biggest corporations to rethink ties with China, specifically in the Xinjiang region, where rights groups have documented abuses including forced labour in detention camps. Beijing denies any such abuses.

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Tata Motors Q3 consolidated net profit jumps 2x to Rs 7,025 crore, beats estimates

Tata Motors’ total vehicle sales across segment in the domestic & international market for Q3 stood at 234,981 vehicles, compared to 228,169 units during the year-ago period.

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Ferrari Hits €1 Billion in Profits Amid Luxury Market Boom

Ferrari achieved a groundbreaking financial milestone by surpassing €1 billion in net profits for the first time, signaling a year of unparalleled success and market dominance.

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