TOKYO, Mar 27: Japans automobile production will decrease by 4.3 percent annually over declining US sales while overall industrial production could drop by 0.6 percent due to the U.S. expanded tariffs, the Japan Research Institute predicted. Shumpei Goto, a researcher at the institute, noted that with tariffs raising car prices in the United States, Japan-made car sales are expected to decline, leading to reduced vehicle production and a ripple effect on auto parts manufacturers, Nikkei reported

New Delhi, Mar 27: Indian auto component makers are more likely to be impacted than their vehicle manufacturing counterparts by US President Donald Trumps tariff war, industry observers said on Thursday. Trump on Wednesday announced imposition of 25 per cent tariffs on auto imports from April with another 25 per cent tariffs expected to be applied on imports of major automotive parts engines and engine parts, transmissions and powertrain parts, and electrical components by May. It is the Indian

NEW DELHI, Mar 24:Tata AutoComp Systems Ltd on Monday said it will acquire International Automotive Components Group Sweden AB (IAC Sweden), in a bid to strengthen its presence in Europes automotive sector. This proposed acquisition reinforces Tata AutoComps presence in Sweden and enhances the companys relationships with key European Original Equipment Manufacturers (OEMs) in both the passenger vehicle and commercial vehicle segments, further expanding its global footprint, the company said in

KATHMANDU, Mar 20: Nepals Prime Minister K P Sharma Oli on Thursday cautioned against forgetting the autocratic rule imposed during the monarchy and called for collective efforts to consolidate the achievements of the federal democratic republic. Speaking at an event in the capital, Oli urged everyone to focus on strengthening the republican system while referring to the recent protests demanding the restoration of the monarchy. People have still not forgotten the autocratic regime imposed durin

KOLKATA, Mar 19:Kolkata-based conversational intelligence firm Mihup on Wednesday said it is in advanced talks with one of Indias top passenger automobile makers to integrate its in-car virtual assistant, following its partnership with Tata Motors. The company, which has raised Rs 100 crore in venture funding, including Rs 50 crore in October last year, is also preparing for an initial public offering (IPO) within the next two years, Mihup Co-founder & CEO Tapan Barman told PTI. Mihups voice ass

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Excelsior Correspondent JAMMU, Mar 4: Bajaj Auto Ltd, a leading commercial-grade three-wheeler manufacturer today announced the launch of all-new brand of electric autos Bajaj GoGo. Bajaj GoGo will be the umbrella brand for electric autos, offering a wide range of products in the passenger and cargo carrier segments. The new Bajaj GoGo comes in three variants P5009, P5012, and P7012. Here P stands for Passenger, 50 and 70 are vehicular size indications, while 09 and 12 denote the battery [] The

NEW DELHI, Mar 3: Bajaj Auto on Monday reported a 2 per cent increase in total sales at 3,52,071 units in February 2025 as compared to the same month a year ago. The company had sold a total of 3,46,662 units in February 2024, Bajaj Auto said in a statement. Total two-wheeler sales were at 2,99,418 units last month as against 2,94,684 units in the year-ago period, up 2 per cent, it added. Domestic two-wheeler sales were at 1,46,138 [] The post Bajaj Auto Feb total sales rise 2 pc to 3,52,071 un

GENEVA, Feb 24: UN Secretary-General Antonio Guterres says human rights are being suffocated around the world, lashing out at voices of division and anger who see them as a barrier to their quest for power and profit. In a speech to the Human Rights Council, Guterres decried Russias full-scale war in Ukraine that marked its third anniversary Monday, appealed for a permanent cease-fire between Palestinian militants and Israel, and urged respect for Congos territorial integrity, among other thing

MUMBAI, Feb 20:Pune-based automation solutions provider ARAPL said its subsidiary ARAPL RaaS has commenced deliveries of autonomous electric vehicles (AEVs) to warehousing clients in the US. The move positions the company to capitalise on the rapidly growing USD 300-billion warehousing automation market of the United States, said Affordable Robotic and Automation Ltd (ARAPL). With an initial order book of USD 4 million, ARAPL RaaS is poised to capture a substantial share of this lucrative secto

WASHINGTON, Feb 20: The United States is considering including the possibility of automatically granting Ukraine NATO membership if Russia were to break their prospective peace deal, the NBC broadcaster reported. Four US officials told NBC that automatic NATO membership for Kiev could serve as a security guarantee. Russian President Vladimir Putin has repeatedly said that Russia sees Ukraines bid to join the alliance as a threat to national security. In June 2024, Putin said that Ukraine needed

MUMBAI, Feb 14: Ed-tech company NxtWave on Friday said it has partnered with TIER IV, Autoware Foundation and National Skill Development Corporation (NSDC) to build the worlds largest autonomous vehicle developer community. Under this partnership, Indian youth will be equipped with future-ready skills in the rapidly advancing autonomous vehicle sector, bridging the gap between academic curricula and industry requirements, NxtWave said in a statement. By merging NxtWaves extensive upskilling fr

NEW DELHI, Feb 14: Auto retail firm Landmark Cars has executed a bespoke dealership agreement with PCA Automobiles India Pvt Ltd for sale and after sale business of Citroen car brand. This dealership will be a part of M/s Landmark Lifestyle Cars Private Ltd, a wholly owned subsidiary company of Landmark Cars. Citroen will be the 11th brand for Group Landmark, which is known for other brands like Mercedes-Benz, BYD, Kia, Honda, etc, Landmark Cars said in a statement filed [] The post Landmark Car

TOKYO, Feb 13:Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are dropping their talks for a business integration. The automakers agreed to end their agreement regarding the consideration of the structure for a collaboration of the trio, their joint statement said. Honda Motor Co. and Nissan Motor Corp. announced in December that they were going to hold talks to set up a joint holding company. Mitsubishi Motors Corp. had said it was considering joining that group. From the [

Rohit Gandotra, Director, Fairdeal Automotors inaugurating new showroom in Jammu on Monday. -Excelsior/Rakesh The post Rohit Gandotra, Director, Fairdeal Automotors inaugurating new showroom in Jammu on Monday. -Excelsior/Rakesh appeared first on Daily Excelsior .

NEW DELHI, Feb 9: Bajaj Auto is gearing up to enter the domestic e-rickshaw segment by the end of this fiscal to tap a sizable opportunity in a fast-growing but highly unorganised market, according to a top company official. The company expects to get regulatory clearances towards the end of the ongoing quarter for its e-rickshaw that will enable it to enter the segment which is about 45,000 units a month, Bajaj Auto Executive Director Rakesh Sharma told analysts. By [] The post Bajaj Auto to ri

Bengaluru, Feb 5: In a video going viral, Cricketer Rahul Dravid was seen arguing with an auto driver here. The incident allegedly occurred on Cunningham Road in Bengaluru on Tuesday evening. According to the High Grounds traffic police station, under whose jurisdiction Cunningham Road falls, the former India team captain did not file any complaint. In the video, believed to be taken around 6.30 pm on Tuesday, Dravid was seen arguing in Kannada, asking the driver why he did not [] The post Rahul

BRUSSELS, Feb 3: Belgium has a new Prime Minister whose political purpose was long to break up the nation, gut the state structures and give ever more autonomy to his northern Flanders at the cost of everyone else. Bart De Wever took the oath early Monday, looking straight at King Philippe, the latest monarch of a royal house he so long had little but disdain for because it symbolised the old concept of Belgian unity. I swear allegiance to the [] The post Belgium gets new Prime Minister, one who

TOKYO, Jan 30: Nissan is slashing production at its US plants and offering buyouts to factory workers there as part of the Japanese automakers urgent efforts to return to profitability. The move is part of Nissan Motor Corp.s plans, announced two months ago, to slash 9,000 jobs globally, including in China, after it racked up a quarterly loss due to sinking sales and ballooning inventory. At Nissans plant in Smyrna, Tennessee, one production line will maintain two shifts, while [] The post Japa

NEW DELHI, Jan 28: Automakers want the government to provide merit-based policies to support a full range of green technologies and alternative fuels besides allocations to facilitate electric vehicle ecosystem like charging infrastructure to further accelerate sustainable mobility in the upcoming Union Budget. With the automobile industry showing early signs of growth slowing down, they said budgetary initiatives to boost the disposable income of consumers are necessary to support robust growt

Excelsior Correspondent JAMMU, Jan 27: The CRETA Electric was launched at Fairdeal Auto Hyundai in a function held here today. The new car was launched at an introductory price of Rs 17,99,000. The unveiling ceremony took place at Fairdeal Auto Hyundais Greater Kailash showroom and was graced by chief guest Deepak Gupta, President, Traders Federation Ware house Nehru Market and guest of honour R K Gupta, DGM, SBI. Managing Director Saleem Bakshi, Director Rohit Gandotra, Mohit Gandotra, Farhan B

NEW DELHI, Jan 25:Auto components maker Gabriel India on Saturday announced acquisition of assets from Marelli Motherson Auto Suspension Parts Pvt Ltd for Rs 60 crore. With this acquisition, Gabriel India has acquired additional annual manufacturing capacity of 3.2-million shock absorbers and 1-million gas spring units, the company said in a statement. The total purchase consideration payable under the Asset Purchase Agreement (APA) is Rs 60 crore, subject to closing adjustments, Gabriel India

Gurugram, Jan 23: A motivational speech, and a few trademark square cuts demonstrated on the 22-yard strip. Legendary former India captain Kapil Dev had a fun interaction with children at a private school on Thursday afternoon where he advised them to avoid becoming autograph-seekers and focus on growing into autograph-givers. Kapils two-hour presence at Satya School in Gurugram captivated the students and teachers alike and they made beeline to interact with the 66-year-old icon, who led India

NEW DELHI, Jan 19:The entry of more players in the EV segment will help in breaking barriers and accelerate adoption of electric mobility in the Indian market, according to leading automobile manufacturers. More product introductions will help in catering to diverse customer needs with competition leading to expansion of the market, they noted. The announcements by passenger vehicle market leader Maruti Suzuki India with its e VITARA and Hyundai Motor Indias Creta Electric will help change the

NEW DELHI, Jan 18:Indias automobile industry will be number one in the world in the next five years, Union Minister Nitin Gadkari said on Saturday, highlighting that the industry has created 4.5 crore jobs till now, the highest in the country. Addressing a Federation of Automobile Dealers Association (FADA) event, the road transport and highways minister further said demand of Indian automobile products is very high globally. The size of Indian automobile industry is now Rs 22 lakh crore. [] Th

SRINAGAR8: Jammu and Kashmir Transport Commissioner Vishesh Paul Mahajan said on Saturday that the fare for electric rickshaws has been fixed at 10 per kilometer per passenger, up to a maximum distance of 6 kilometers. Additionally he said that meters have been made mandatory for all other auto-rickshaws. Commissioner while talking to reporters here in Srinagar warned that strict action would be taken against drivers overcharging passengers or operating without proper permits. Highlighting the i

DODA, Jan 18 : Four persons sustained injuries when an auto traveling from Koti to Doda skidded off the road and rolled down about 50 feet near Koti Nalla in Doda district on Saturday. An official said that the accident occurred while traveling from Koti to Doda skidded off the road and rolled down about 50 feet near Koti Nalla. Four persons were injured, and were immediately shifted to GMC Doda for medical treatment. Meanwhile, Police have taken cognizance of [] The post Four Injured After Auto

NEW DELHI, Jan 17: Qualcomm Technologies and MapmyIndia on Friday announced a technology collaboration in a bid to support the Make in India initiative for the automotive sector. Combining Qualcomm Technologies Snapdragon Digital Chassis solutions with MapmyIndias expertise, the two will deliver automotive connectivity solutions and connected services for the four-wheeler (4W) and two-wheeler (2W) segments domestically and for global automakers. As part of the companies work, MapmyIndia will ut

Gqeberha, Jan 10: Its been over a year since a Rinku Singh maximum smashed the window glass of St George Parks press box and with a repair unlikely anytime soon, the ground management wont mind the Indian marauders autograph on the damaged portion the next time he is here. It was in December 2023 when Rinku, during the second T20 International against the Proteas, hit one of his trademark unbeaten 39-ball 68 in a losing cause. One of the two [] The post Smashed window of St George Parks press bo

Excelsior Correspondent JAMMU, Jan 8: Despite many headwinds, the auto retail sales in Jammu and Kashmir UT have registered a growth of 4.45 %. This was announced by the Federation of Automobile Dealers Associations (FADA) Jammu here today. FADA today released vehicle retail data for CY24 & Dec23 for the UT of Jammu and Kashmir. In total the retail is 1,79,164 in CY24 compared to it is 1,71,536 in CY23 there by registering a growth of 4.45 %. Speaking on [] The post Auto retail sales rise 4.45%

PUNE, Jan 8: Having consolidated its position in the domestic market, Mahindra & Mahindra is now looking at ways to expand its presence across international markets, as per a top company executive. The Mumbai-based auto major is looking to scale up its automotive business globally in a phased manner with plans to leverage its existing distribution channels in various overseas markets in the first phase. In an interaction with PTI, Mahindra & Mahindra (M&M) Executive Director and CEO for auto []

NEW DELHI, Jan 7:Automobile retail sales grew 9 per cent year on year in 2024 riding on the back of robust demand for two-wheelers and passenger vehicles amid challenging business environment, dealers body FADA said on Tuesday. Overall vehicle registrations stood at 2,61,07,679 units last year as compared to 2,39,28,293 units in the 2023 calendar year, recording a growth of 9 per cent. Despite multiple headwinds in CY24, including heatwaves, elections at both central and state levels and uneven

NEW DELHI, Jan 5:Mobility solutions and financial services provider ORIX Corporation India Ltd expects automobile leasing market in India to account for 7-8 per cent of the overall vehicle sales in the next 5-7 years, up from about 2 per cent currently with more younger people joining the workforce, its Managing Director and CEO Vivek Wadhera. With good traction in its business, the company expects 30-35 per cent higher profit this fiscal year compared to the last year, Wadhera [] The post Expe

MUMBAI, Jan 3:Nasdaq-listed global technology firm Altair on Friday said it has signed an initial pact with the Centre of Excellence in Advanced Automotive Research (CAAR) at IIT-Madras for developing solutions in the automotive space. The collaboration with CAAR will focus on developing solutions that advance e-mobility, autonomous systems, and sustainable vehicles while reducing product development timelines, Altair said in a statement. Our collaboration with CAAR and IIT Madras is poised to

Excelsior Correspondent JAMMU, Dec 27: Bajaj Auto today launched the 35 Series of the Chetak electric scooter, here today. The new electric scooter was launched at a starting price of Rs 1,20,000 (ex-showroom, Bengaluru). The Chetak 35 Series has been introduced in three variants, 3501, 3502 and 3503. The company has made several changes to the Chetak 35 Series, in terms of safety and technology. To begin with, the 3501 variant is priced at Rs 1,27,243 (ex-showroom, Bengaluru), while the [] The

Excelsior Correspondent JAMMU, Dec 24: In a proactive effort to maintain smooth traffic movement in Akhnoor, Jammu Police have seized seven electric autos that were causing disruptions and obstructing the free flow of vehicles. The autos have been booked under relevant provisions of the Motor Vehicles Act. This enforcement action is part of the polices broader initiative to ensure road safety and enhance the convenience of commuters. Officials have emphasized that strict measures will continue t

TOKYO, Dec 23: Japanese automakers Nissan and Honda were expected to announce Monday that they are in talks on a merger that would catapult them to No. 3 in a global industry undergoing tectonic shifts as it transitions away from reliance on fossil fuels while facing intensifying competition from Chinese rivals. The two companies, and smaller Nissan alliance member Mitsubishi Motors, said their top executives would hold a news conference later in the day. Local media including Kyodo News [] The

MUMBAI, Dec 23:Lohia Auto on Monday announced the launch of EV brand Youdha as part of its Rs 20-crore expansion plans and said it looks to manufacture and sell 3 lakh electric vehicles under the brand by 2027. The initial product portfolio of Youdha includes passenger and cargo segment electric three-wheelers, the company said. With this portfolio, the new brand aims to cater to the diverse needs of the electric three-wheeler segment, Lohia Auto said. With Youdha, we are [] The post Lohia Auto

KOLKATA, Dec 18: Bharat Mobility Global Expo is set to become the worlds largest show in the automotive sector soon with participation of over 1,500 exhibitors and expected unveiling of vehicle models, EEPC India, a coordinating agency for the event, said on Wednesday. The second edition of the expo, scheduled for 17- 22 January 2025, will see the exhibition area double to 200,000 square meters, said an official of the Engineering Export Promotion Council (EEPC). We are at par with [] The post B

CHENNAI, Dec 18: myTVS, part of the USD 3 billion TVS Mobility Group and a leading digital automotive aftermarket platform, has entered the quick commerce segment for auto parts distribution. The city-headquartered company plans to set up 250 stores branded as myTVS Hypermart across India over the next three years, Managing Director G Srinivasa Raghavan said here on Wednesday. Initially, myTVS will establish about 50 stores by March 2025 in Tamil Nadu, Kerala, Maharashtra, and Gujarat. These sto

NEW DELHI, Dec 15:The upcoming edition of Auto Expo will see participation of 34 vehicle manufacturers, the largest number of participants till date, since the first edition of the marquee event in 1986. The Society of Indian Automobile Manufacturers (SIAM) would be organising the 17th edition of Auto Expo, The Motor Show, under the aegis of the Bharat Mobility Global Expo 2025 from January 17-22 at Bharat Mandapam, in partnership with ACMA and CII. Around 34 vehicle manufacturers would [] The

Excelsior Correspondent JAMMU, Dec 13: Technology leader,Vinod Bhathas joinedTata Auto Comp(TACO) as theirChief Digital Officer(CDO). Bhat will be drivingdigital transformationacross the TACO group including plant automation (manufacturing excellence),Tata Data Maturity, Tata Cyber Security, IOT, Artificial Intelligence/ Gen-AI, etc., In his previous role, Bhat was the Chief Information Officer (CIO) and Chief Ethics Counsellor (CEC) atVistara TATA SIA Airlines Ltd. He has worked with multiple C

NEW DELHI, Dec 10:Union Minister Nitin Gadkari on Tuesday exuded confidence that Indias automobile industry will rise to the number one position globally in the next five years and outlined his ministrys ambitious target to also reduce the logistics costs in India to 9 per cent over two years. Speaking at the Amazon Smbhav Summit, the Road Transport and Highways Minister noted the remarkable growth of Indias automobile industry, which he said has surged from Rs 7 lakh crore [] The post Confiden

NEW DELHI: Ahead of the Delhi Assembly elections, AAP supremo Arvind Kejriwal on Tuesday announced Rs 10 lakh insurance for the citys auto drivers. Kejriwal, who had lunch with the family members of an auto driver in Kondli constituency, also promised Rs 1 lakh as assistance to the auto drivers for the marriage of their daughters. The former Delhi chief minister said Rs 2,500 would be given twice yearly as uniform allowance to auto drivers. He also assured their children [] The post Delhi polls:

ANAHEIM (California), Dec 10: After utilising Indias strengths in IT and software for its global operations, Rockwell Automation is betting on turning India into an important manufacturing hub, a senior company official has said. The US-headquartered automation major has started work on a factory in Chennai that will get commissioned in two phases, its president for Asia Pacific region Scott Wooldridge told PTI on the sidelines of the companys automation fair here. both for software development

NEW DELHI, Dec 9:Retail sales of vehicles across categories in India grew by 11.21 per cent at 32,08,719 units in November, as compared to 28,85,317 units in the same month last year riding on two-wheeler demand, Federation of Automobile Dealers Associations said in Monday. Retail sales of two-wheelers were at 26,15,953 units last month, as compared to 22,58,970 units in November 2023, a growth of 15.8 per cent buoyed by the festive spillover. On the other hand, passenger vehicle [] The post Au