automaker

Suzuki predicts India market to expand 2% in FY25, Maruti to outpace industry growth

“We strengthened our SUV line-up and rapidly expanded our SUV market share. We will continue to prom...

Citroen appoints MS Dhoni as brand ambassador of India

Dhoni will start his association with Citroen by featuring in an upcoming campaign that is set to la...

Stellantis aims to increase dividend payout next year

"The company will continue to use share buybacks and ordinary dividends to return excess cash to sha...

Maruti Suzuki domestic sales increases 3% to 1,37,160 units in June

Compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR, saw a slight decli...

Hyundai under pressure from Tata, Mahindra as USD 3.5 bn India IPO looms

Hyundai sold 13.5% of all passenger cars in India last month, while Jaguar Land Rover-owner Tata Mot...

Volkswagen is reeling in China; Can EVs help it grow in the US?

But in the near term, Volkswagen CFO Arno Antlitz told Reuters the company expects to continue losin...

Carmaker Stellantis pledges to tackle problems in North America as profits plunge

Tavares has previously expressed dissatisfaction with the operation at some U.S. plants, citing an i...

Stellantis triggers government scrutiny with Comau stake sale

The transaction, which is expected to close by the end of this year, was also criticised by Italian ...

Japan's Honda to close China plant, halt production at another factory

Honda and Nissan Motor are among Japanese brands for which China was a historically strong market bu...

Tesla jumps on replacing Ford as Morgan Stanley's 'top pick' in US auto sector

"We estimate Tesla may account for as much as half the credit sales in the market, supporting a 100%...

Stellantis shareholders sue automaker in US after disappointing earnings

Last week, Stellantis announced a potential 2,450 layoffs at a suburban Detroit truck assembly plant...

UAW workers at Stellantis could strike over Illinois plant reopening

UAW President Shawn Fain referred to the issue during a prime-time address at the Democratic Nationa...

BMW overtakes Tesla in European EV sales for first time, report says

BMW reported a 35% jump in sales last month from a year earlier, while Tesla saw registrations fall ...

BMW overtakes Tesla in European EV sales for first time

The German auto giant sold 14,869 BEV cars in July, about 300 more than Tesla last month.BMW led the...

Toyota cuts 2026 global EV output plans by a third

Japan's Toyota Motor has slashed its electric vehicle production plans for 2026 by a third. Japan's ...

Hyundai's mother of all IPOs: Where the carmaker stands, where it's headed

India is a very important market for Hyundai, managing director and CEO Un Soo Kim had said earlier ...