Maruti Suzuki India Chairman R C Bhargava stated that income tax relief on earnings up to Rs 12 lakh is unlikely to boost small car demand, crucial for the industry's growth. He highlighted that only 12% of Indian households can afford cars costing Rs 10 lakh and above.

India is considering extending duty-free import opportunities for specific US vehicles, including high-capacity motorcycles, contingent on a favourable trade agreement. These benefits, however, might be subject to quotas, limiting the number of units eligible for duty reductions.

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.

The Nifty Auto index closed 0.25 per cent down at 22367.55.

Japan's Nikkei share average rose to a three-week high on Thursday, tracking a tech-led rally on Wall Street overnight, as the White House signalled a willingness to de-escalate its trade war with China.

The Nifty Auto index was trading 0.19 per cent down at 22382.8.

Automakers are showcasing new models at the Shanghai auto show, navigating a complex landscape of trade tensions and fierce competition. Chinese manufacturers are gaining ground both domestically and globally, particularly in the electric vehicle sector, while foreign companies adapt strategies to maintain their presence in the crucial Chinese market.

The Nifty Auto index closed 2.38 per cent up at 22424.45.

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.

The Nifty Auto index was trading 1.37 per cent up at 22204.15.

India's leading passenger vehicle and two-wheeler manufacturers experienced market share declines in FY25, reaching multi-year lows due to increased competition. Maruti Suzuki and Hyundai's shares in the PV segment fell to 12-year lows, while Hero MotoCorp's share also dropped significantly. Mahindra & Mahindra and Toyota Kirloskar bucked the trend, posting gains amid sluggish market conditions.

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).

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.

NITI Aayog's report highlights India's potential to lead the global automotive component market, driven by its growing manufacturing base and cost advantages. Auto component exports surged by 73% since FY21, reaching USD 12.8 billion in FY24, with key destinations being North America and Europe. Simultaneously, imports have also increased, with China being the largest supplier.

India's automobile exports surged by 19% to over 53 lakh units in fiscal year 2024-25, fueled by strong demand for passenger vehicles, two-wheelers, and commercial vehicles in international markets. Passenger vehicle shipments rose by 15%, driven by global models manufactured in India, while two-wheeler exports increased by 21% due to new models and market expansion.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

Ford rolled out its employee-pricing plan for customers on Thursday as President Donald Trump's 25 per cent tariffs on imported cars and auto parts came into force. The carmaker is relying on its healthy inventory to offer discounted prices to customers as part of the From America, For America campaign.

U.S. President Donald Trump's 25% tariff on auto imports is expected to significantly hike vehicle prices, costing American consumers over $30 billion in the first year alone. The tariffs, affecting cars and auto parts from Europe and Asia, will likely force manufacturers to shift production to the U.S. and pass most costs onto consumers.

President Donald Trump announced a new wave of tariffs concentrated on the auto industry, including a 25% levy on fully assembled cars and auto parts from India. These tariffs, part of Trump's Fair and Reciprocal Plan, are expected to significantly impact India's auto sector, potentially leading to a $31 billion loss in exports.

Swamy Kotagiri, CEO of Magna, discussed the challenges faced by the auto supplier amid industry disruptions, including tariffs and global uncertainties. Magna, a key player in the global auto supply chain with numerous facilities across North America, is grappling with President Trumps 25% tariffs on foreign auto imports. These tariffs are expected to increase vehicle costs and reduce demand, impacting job growth.

Ford Motor, General Motors and Chrysler parent Stellantis NV are lobbying the administration to exclude certain low-cost car components from the planned tariffs, according to people familiar with the matter. Executives have met with the White House, the commerce department and the office of the US trade representative to discuss the exclusion, said the people.