Tesla’s sales fell in 2025, the company reported Friday, ceding its position as the world’s biggest electric vehicle maker for the year to Chinese auto giant BYD. The American company led by Elon Musk logged 418,227 deliveries in the final three months of the year, taking its full-year sales figure to around 1.64 million EVs. … Read more
India’s consumer goods and auto majors are stepping up fresh investments in manufacturing over the next two years, betting on sustained demand growth as the impact of the goods and services tax (GST) reforms begins to show and commodity prices remain under control. FMCG firms such as Nestle, Godrej Consumer Products, Reliance Consumer Products, JHS … Read more
Wheels India on Monday (December 15, 2025) said it has signed a technical assistance agreement with Japan’s Topy Industries for design, development and manufacture of aluminium alloy wheels. Topy will provide technical knowhow and engineering support to enhance Wheels India’s design and manufacturing capabilities for cast aluminium wheel business under the agreement, the company said … Read more
Ola has commenced same-day registration and delivery of its 4680 Bharat Cell powered vehicles in Bangalore. Customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles on the same day (Hyperdelivery). Ola’s same-day delivery likely runs via dealer-point registration on VAHAN 4.0 (India’s centralized … Read more
In a stock exchange filing, Cartrade has informed about the above. According to media reports, the proposed deal could value CarDekho’s automotive classifieds business at around $1.2 billion This is significant vis-a-vis Cartrade’s own size; its mcap currently is around 1.7 bn $. If the deal goes through, it would add significant debt on the … Read more
Automobile manufacturer Ford, on Friday (October 31, 2025), confirmed plans to revive manufacturing operations at its Chennai plant, with a focus on producing all-new, next-generation engines. With an initial investment of ₹3,250 crore, the project, involving powertrain manufacturing, is expected to create more than 600 jobs, the company said in a release. Ford, which halted … Read more
Key points mentioned by the management included: Target of 1.5X revenues over current levels and hence crossing Rs 1 lakh crore milestone by FY2030 This is just 50% revenue growth over next 5 years Targets upto 30% export contribution by 2030 (against 27% currently) Launch of luxury segment brand Genesis in India by 2027 26 … Read more
Jose Munoz literally shattered the glass ceiling as he became the first non-Korean to become the global CEO and President of Korean automotive giant Hyundai in Jan 2025. A native of Spain and currently a US citizen, the 60-year-old Munoz now has his eyes firmly fixed on India, a market that he sees not just … Read more