Other carmakers including Ford, Toyota and Nissan have said that they would cut vehicle production this month

It took over a year for the Italian-American and French automakers to finalise the $52 billion deal, during which the global economy was upended by the COVID-19 pandemic

\"Apple and Hyundai are in discussions but they are at an early stage and nothing has been decided,\" Hyundai said in a statement without saying what the talks were about

Top-down reforms since the demonetisation of 2016 have already derailed the economy and brought misery to millions, yet the great zeal to do more of the same amidst protests from several segments of population demonstrate that the intent is far from public welfare

Japan's third-largest automaker, which is drastically restructuring its business, posted a 4.83 billion yen operating loss in the three months ended Sept. 30 after sales fell due to the coronavirus pandemic

Carmakers posted a strong growth of over 17 per cent year-on-year in wholesales last month, but the big question is whether demand will sustain beyond the festivities. Nobody has a clear answer

Maruti Suzuki posted total sales of 182,448 units which included 6,037 units of the Baleno and Brezza models that it supplied to Toyota Kirloskar Motor Ltd and 9,586 units that it exported during the month

The auto major, with around 50 per cent of market share in the domestic passenger vehicle segment, said the government can look at the GST relief if demand tapered off in the future

Musk acknowledged that Tesla does not have its ambitious new vehicle and battery designs and manufacturing processes fully complete. Tesla has frequently missed production targets

Japanese government's programme aims to reduce Japan's dependence on a particular region -- especially China -- and to ensure a steady supply chain of products like -- medical supplies and electrical components -- in case of any emergency

Speaking at the annual session of the Auto Components Manufacturers Association of India (ACMA), Ayukawa said that he would make efforts to organise some business exploration meetings with manufacturers of Japan to push make in India

Javadekar also assured the auto industry to discuss the suggestion of temporary GST cut with Finance Minister Nirmala Sitharaman and Prime Minister Narendra Modi

The pandemic is set to push the auto industry back by over a decade. Partial recovery in June and July has raised hopes, but will it sustain?

JSW Steel is keen to de-risk its acquisition of Bhushan Power and Steel as it has an expansion plan on cards, and is also facing unprecedented challenges in the steel market

Coronavirus, which first emerged in China late last year, has ravaged the global economy as many nations went into strict lockdowns to curb the outbreak that has so far killed over 310,000 people worldwide

For the year to March, Toyota expects to sell 8.9 million vehicles globally, versus 10.46 million in the year just ended. The company expects vehicle sales to fall to a nine-year low

Ford shares were down more than 4.6% in after-hours trading on Tuesday after closing the regular session at $5.38

Corona lockdown live updates: Union Home Ministry said new guidelines to fight COVID-19 will come into effect from May 4, which shall give considerable relaxations to many districts; India saw 1,813 new cases and 71 deaths in the last 24 hours

As India tightens FDI norms, Chinese firms and investments may face regulatory and consumer backlash. The friction between Asian giants could be the beginning of an adversarial chapter in trade

While subdued loan growth has negatively impacted banking, supply side constraints have affected the sectors such as retail and real estate, the report said.