Indian car buyers are choosing cars with premium features. This is boosting car industry revenues. Sales volumes are growing more slowly. SUVs and MPVs are popular choices. Automakers are expanding their premium offerings. 2025 is expected to be a record year for car sales in India.

Indian car buyers are choosing cars with premium features. This is boosting car industry revenues. Sales volumes are growing more slowly. SUVs and MPVs are popular choices. Automakers are expanding their premium offerings. 2025 is expected to be a record year for car sales in India.

The potential merger between Honda and Nissan has raised concerns within the automotive industry, particularly for Hyundai Motor Group.

Europe's auto slump is crippling small manufacturers in the automotive supply chain. Gerhardi Kunststofftechnik GmbH, a long-time Mercedes supplier, filed for bankruptcy, highlighting the widespread impact. Thousands of job cuts have been announced as carmakers slash production amid weak sales and the challenging transition to electric vehicles. High energy prices and reduced government subsidies further exacerbate the crisis.

The Nifty Auto index closed 2.13 per cent at 22580.00.

Going forward next year could potentially be better. How much better we need to see, but all trends related to rural income, post monsoon pickup, and the overall trends of the economy after this phase of high inflation impacting consumers would be better. Now, among the auto companies the leader like you said has been M&M and that has been our top holding. Tata Motors obviously exited some months back at around 1100 levels.

Speaking ahead of a summit of European Union countries' leaders, German Chancellor Olaf Scholz said it did not make sense to add to the difficulties the industry faces.

The Nifty Auto index closed 0.73 per cent at 23070.90.

Motilal Oswal maintains a 'Buy' rating on CIE Automotive India with a target price of Rs 575. Anticipating growth driven by Indian operations, but tempered by weakness in the European market, the brokerage slightly lowered its earnings estimates. CIE's strong financial position, including being net debt-free and generating positive free cash flow, supports the positive outlook.

Nissan and Honda, along with Mitsubishi, are in talks for closer collaboration, possibly a merger, to navigate the changing auto industry. The discussions come as Japanese automakers face pressure from rising Chinese competitors and the shift to electric vehicles.

The German tire and auto parts maker Continental plans to complete the listing of its automotive unit on the Frankfurt stock exchange by the end of 2025, it said on Wednesday.

The Nifty Auto index closed 0.75 per cent at 23241.25.

Nissan and Honda, two of Japan's leading automakers, are reportedly considering a merger. Facing financial struggles and a volatile Chinese market, Nissan seeks stability. This potential union aims to create a stronger entity, possibly the world's third-largest automaker, amidst industry upheaval and increasing competition.

Hero Motocorp launched the Dakar special edition of the Xpulse 200 4V Pro at 1.67 lakh. Bookings commenced Wednesday. The Dakar Edition features a special livery inspired by the Dakar Rally, knobby off-road tires, adjustable front suspension, and spoke wheels. It retains the 199.6cc engine and offers three ride modes.

Japan's Nikkei share average fell for a fourth session on Wednesday as investors remained cautious ahead of central bank decisions in the U.S. and Japan, while report of a Honda-Nissan tie-up boosted auto shares.

About 79% of public institutional investors and 88% of non-institutional investors voted against the resolution, the exchange filing said. Proxy advisory firms opposed the proposal, arguing that the business should be conducted directly through the listed company to benefit all shareholders, rather than through a joint venture.

India's auto industry plans to significantly reduce imports by making more parts locally. This includes key components like electric motors and transmissions. The industry has already made progress. It aims to achieve a total reduction of 25,000 crore. Component makers are investing in new facilities and technology. Exports are also growing. Car sales are expected to double by 2030.

Skoda Auto India announced a price increase of up to 3% on its car models, effective January 1, 2024. This is due to rising input and operational costs. The price hike will affect all models except the recently launched Kylaq, which will remain at its current price until it reaches 33,333 bookings.

The Nifty Auto index was trading 0.67 per cent at 23630.65.

India's Ministry of Road Transport and Highways will pilot Automated & Intelligent Machine aided Construction (AIMC) on select expressways. Following successful testing on the Lucknow-Kanpur Expressway, the technology, including GPS-aided graders and intelligent compactors, aims to improve construction quality, efficiency, and adherence to design specifications.

The Nifty Auto index was trading 0.42 per cent at 23673.60.

GTA 6 release date is currently top trending topic as gamers are eager to play Grand Theft Auto VI.

Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a 10 lakh insurance policy, 1 lakh for daughters' marriages, a biannual 2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.

Delhi BJP courted autorickshaw drivers with promises. The party offered cashless medical treatment and life insurance. This is if they win the next Assembly elections. Autorickshaw unions rallied in support of BJP. The rally started from the Delhi BJP office. Delhi BJP president Virendra Sachdeva flagged off the rally. He also promised designated waiting areas for autorickshaws.

A video on Instagram surfaces showing Hindi-speaking passengers being charged higher fares than Kannada-speaking passengers by auto rickshaw drivers in Bengaluru, demonstrating linguistic discrimination. Instances captured include different fare quotes and refusal of service based on the language spoken, raising concerns about biases in the city's public transport.

Several automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, Schaeffler, Volkswagen, and Daimler Truck are affected. These actions are due to weak demand, high production costs, competition from Chinese rivals, and slower electric vehicle transition. Thousands of jobs are at risk across various countries.

Ten Kuki-Zo youths were killed in a gunfight with CRPF in Manipur, showing multiple bullet injuries, mostly fired from behind. Autopsies indicate no other torture marks. The Manipur government and a community group dispute whether they were militants or village volunteers. Ethnic violence in the region has left over 250 dead and many homeless.

Automobile industry giant Nissan is apparently not having a great time in the market, as reports suggest that it is now surviving on borrowed time and could end up in a completely devastating situation in a year or so. What could happen to Nissan next?

India's automobile industry, currently third globally, aims for the top spot in five years. The government is promoting alternative fuels like ethanol, methanol, and hydrogen. This shift aims to reduce the country's Rs 22 lakh crore fossil fuel import bill. The move will also address pollution and create jobs. The industry already employs 4.

The prospect of disruptive tariffs hits the industry at a perilous moment. Virtually all automakers are struggling with sagging consumer demand, a growing preference for hybrids and electric cars, and the emergence of Chinese automakers like BYD that are pushing into markets once dominated by Japanese, American and European companies.

Trump plans to scrap EV tax credits. Automakers remain committed to electric vehicles. Companies have invested billions in EV technology. Trump claims EV credits benefit China. The credits may be difficult to remove. Automakers believe the transition to EVs is vital.

Mizoram MP Vanlalvena proposed President's Rule and separate administrative units for Meitei and Kuki-Zo communities in Manipur to quell the ongoing violence. Manipur's Rajya Sabha MP Leishemba Sanajaoba criticized Vanlalvena's suggestion, urging him to focus on his own state's affairs and refrain from interfering in Manipur's matters.

Seven agricultural laborers tragically lost their lives and four others sustained critical injuries in a devastating road accident in Andhra Pradesh's Anantapur district. The laborers were returning from work when their auto collided head-on with an RTC bus. Andhra Pradesh Chief Minister expressed grief and announced compensation for the bereaved families.

Xiaomi, often seen as a competitor to Apple, is making significant strides in the electric vehicle (EV) market with its SU7 model. The SU7 has become a major success in China, even earning accolades from Ford CEO Jim Farley. By November, Xiaomi had already exceeded its annual sales target of 100,000 units for the SU7.

Indian Army Chief General Upendra Dwivedi addressed the Indian Air Force Commanders' Conference, emphasizing the importance of modernization and jointness for a future-ready force. He highlighted the success of the 'Sanyukt Vimochan 2024' exercise, showcasing India's disaster response capabilities and collaboration with international partners.

The funeral of 10 Kuki-Zo youths killed in an alleged gunfight with security forces in Manipur has been postponed. The Indigenous Tribal Leaders' Forum is demanding the release of post-mortem reports before proceeding with the burial. The incident has heightened tensions in the state, which has been grappling with ethnic violence.

The Stellar Blade x Nier Automata DLC releases worldwide on November 20, 2024. It features a collaboration bringing new items and outfits from both games.

A Bengaluru woman shared a recent auto ride experience. She felt a presence behind her and was initially scared. It turned out to be the driver's sleeping child. This incident, along with another user's shared experience, emphasized the need to avoid hasty judgments. These stories serve as reminders to approach situations with a clear and unbiased perspective.

Ten tribal organizations in Manipur, including the ITLF, are urging people to boycott the upcoming Autonomous District Council (ADC) elections. They argue that holding elections amidst ethnic violence is manipulative and that the HAC's resolution to do so lacks Kuki-Zo representation. These groups see the elections as a tactic to undermine their pursuit of separate administration.

Former One Direction singer Liam Payne died last month in Buenos Aires. He was 31. Payne died from injuries sustained during a fall from a hotel balcony. Authorities ruled out suicide. A toxicology report revealed multiple substances in Payne's system. Three individuals are facing charges related to his death. The investigation is ongoing.

The Delhi government is planning to implement an AI-powered traffic violation detection system. The government will partner with a private company to install ANPR cameras at 500 traffic junctions. The cameras will detect various violations, including speeding, signal jumping, and lane violations. The system will use an e-challan system for penalties.

Indian exporters may face higher tariffs on goods like textiles and pharmaceuticals as Donald Trump's 'America First' agenda prioritizes protectionist measures. While this could negatively impact key Indian exports, a tougher stance on China might open new opportunities.

Schaeffler, a German auto parts manufacturer, announced 4,700 layoffs across Europe, primarily in Germany, citing a challenging market environment and the shift to electric vehicles. The company's operating profit fell nearly in half in the third quarter, reflecting struggles in the European auto industry with high costs, falling demand, and competition from China.

Bajaj Automobiles' domestic two-wheeler sales decreased by 8 per cent in October compared to last year. However, the company's overall two-wheeler sales rose by 2 per cent due to strong exports, which grew by 22 per cent. Domestic commercial vehicle sales also saw a decline. The overall performance was balanced by the robust export growth.

Japan's Mitsubishi Corporation and Nissan Motor Co. have decided to create a joint venture, according to the Yomiuri newspaper. This new company will focus on providing services related to autonomous driving and using electric vehicle batteries as storage batteries.

Sean Diddy Combs is being lodged in jail on alleged charges of sex trafficking and sex racketeering and is currently awaiting trial. In a recent development it is being known that another famous celebrity, Jennifer Lopez left an autograph signing session pretty abruptly when she was asked questions about Sean Diddy Combs.