US duty bump jolts JLR, dents Tata Motors profit in Q1
Jaguar Land Rover’s profitability was significantly impacted by tariffs imposed by the US, leading to a 30% drop in Tata Motors’ overall profit. Anticipated new ...
India’s auto retail slips 4.3%: Passenger vehicles, two-wheelers’ sales decline in July; tractor segment bucks trend with 11% growth
India’s vehicle retail sales experienced a 4.31% year-on-year decline in July, totaling 1.96 million units, attributed to weak consumer sentiment and a high base effect. ...
GM Q2 profit falls 35%: Tariff hit reaches $1.1 billion, automaker retains full-year forecast lowered in May
General Motors reported a 35% decline in second-quarter profit, reaching $1.89 billion, but exceeded Wall Street expectations. Despite tariff-related challenges, GM maintained its full-year earnings ...
Jaguar Land Rover to face $2.1billion tariff hit: N Chandrasekaran
Tata Motors faces a potential $2.1 billion tariff hit on Jaguar Land Rover due to new US trade measures, according to Chairman N Chandrasekaran. Mitigation ...
Maruti bets on Railways for transport: Vehicle dispatches through trains to rise to 35%
Maruti Suzuki India aims to significantly increase vehicle deliveries via trains to 35% by FY 2030-31, as stated by MD-CEO Hisashi Takeuchi. This expansion is ...
Rate relief cheered: Auto industry backs RBI’s 50 bps repo cut; expects boost in affordability, retail demand
India’s automobile sector is optimistic following the Reserve Bank of India’s rate cut, anticipating improved financing access and strengthened consumer sentiment. The reduction in repo ...
