Maruti Suzuki profit misses estimates as cost surge, fall in other income squeezes margins Published 28 Apr, 2026 05:13pm The Swift maker posted profit of 35.91 billion Indian rupees for the quarter ended
Engine maker Horse plans India move to supply growing small car market, CEO says Published 25 Apr, 2026 12:28pm Modi’s government slashed India’s federal sales tax on small cars to 18% from 28% in September
India’s top car maker Maruti Suzuki launches maiden EV Published 17 Feb, 2026 05:31pm Maruti has priced the SUV at 1.1 million Indian rupees (around $12,100)
Closer India-EU ties will reinforce Renault’s decision to invest in both regions Published 27 Jan, 2026 04:47pm Tariffs on cars imported from the EU will be slashed immediately to about 30-35% from as high as 110%
Exports help India’s top carmaker Maruti Suzuki post surprise profit rise Published 31 Jul, 2025 06:05pm India’s top carmaker Maruti Suzuki posted an unexpected rise in quarterly profit on Thursday, boosted by strong...
Mercedes-Benz India’s first-quarter sales hit record high on strong demand for top-end models, EVs Published 11 Jul, 2025 05:20pm German luxury carmaker Mercedes-Benz said its first-quarter sales in India hit an all-time high, rising 10% to 4,238...
Mercedes says no supply chain disruptions after China export concerns Published 30 Jun, 2025 06:22pm STUTTGART: There has been no disruption to production due to limited raw material exports from China at German...
Nissan launches new Leaf in push to revive its electric mojo Published 17 Jun, 2025 06:09pm TOKYO: Nissan is betting on a new version of its Leaf electric vehicle (EV) to revive its fortunes, having gone from...
India’s Maruti Suzuki cuts near-term EV production amid rare earths crisis Published 10 Jun, 2025 04:45pm NEW DELHI: Maruti Suzuki has cut near-term production targets for its maiden electric vehicle e-Vitara by two-thirds...
India’s top carmaker Maruti Suzuki to invest over $860 million to set up another plant Published 26 Mar, 2025 02:46pm India’s top carmaker Maruti Suzuki will invest 74.1 billion rupees (nearly $864 million) to set up a third...
Audi weighs price increases to soften US tariff blow Published 18 Mar, 2025 04:50pm INGOLSTADT, GERMANY: Volkswagen’s premium Audi brand is weighing whether to pass on the costs of U.S. import tariffs...
BMW foresees earnings hit as Europe counts the early cost of tariffs Published 14 Mar, 2025 04:51pm FRANKFURT: German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros this year, while...
Volkswagen sees flat margin as cost cuts, trade tensions weigh Published 11 Mar, 2025 04:55pm WOLFSBURG, GERMANY: Volkswagen, Europe’s top carmaker, forecast another challenging year of ramping up EV sales,...
Ford to inject up to $4.8 billion into cash-strapped German business Published 10 Mar, 2025 04:16pm FRANKFURT: Ford will inject up to 4.4 billion euros ($4.76 billion) into its struggling German operations as it...
Renault, Nissan aim to announce deal on reshaped alliance on Feb 6 Published 26 Jan, 2023 04:48pm TOKYO/PARIS: French car maker Renault and its Japanese partner Nissan Motor aim to formally unveil a deal to reshape...
Indian top carmaker Maruti’s profit doubles Published 25 Jan, 2023 06:25am BENGALURU: Maruti Suzuki India Ltd beat quarterly profit estimates and reported improved margins on Tuesday as the...
Honda Atlas raises car prices by up to Rs550,000 Published 23 Jan, 2023 08:09pm Cites inflation, exchange rate volatility as reasons behind increase
Maruti Suzuki India to recall 11,177 Grand Vitara SUVs to fix seat belt defect Published 23 Jan, 2023 07:18pm India’s top carmaker Maruti Suzuki on Monday said it was recalling 11,177 Grand Vitara vehicles to address a...
Toyota plans to produce 750,000 vehicles globally in February Published 18 Jan, 2023 01:07pm TOKYO: Toyota Motor Corp on Wednesday said it plans to produce about 750,000 vehicles globally in February. The...
Renault group sales fall 5.9% in 2022, Europe order book at record levels Published 18 Jan, 2023 01:05pm PARIS: Renault group sales in 2022 fell by 5.9% to 2,051,174 vehicles, marking a fourth consecutive annual decline...
Carmaker Stellantis strikes nickel sulphate supply deal with Terrafame Published 18 Jan, 2023 01:00pm PARIS: Carmaker Stellantis and Finnish company Terrafame announced on Wednesday that they had struck a deal whereby...
India’s Maruti Suzuki to recall 17,362 vehicles on possible airbag controller defect Published 18 Jan, 2023 10:44am BENGALURU: India’s top carmaker Maruti Suzuki on Wednesday said it is recalling 17,362 vehicles manufactured between...
Porsche overtakes Volkswagen as Europe’s most valuable carmaker Published 06 Oct, 2022 05:03pm BERLIN: Porsche took pole position as Europe’s most valuable automaker on Thursday, overtaking former parent...
BMW expects slight growth in 2023, cuts Germany gas intake by 15% Published 26 Sep, 2022 07:17pm BERLIN: BMW expects to reach the higher end of its 7-9% margin target for the cars business and sees slight sales...
Tesla steps up recruiting in Thailand as EV competition heats up Published 05 Sep, 2022 05:47pm BANGKOK: Tesla Inc is stepping up recruitment in Thailand, Southeast’s Asia automotive hub, with the U.S. electric...
Maruti, India's top carmaker, open to partnerships to secure supply chain Updated 27 Aug, 2022 06:46pm NEW DELHI: Maruti Suzuki is open to forming partnerships with auto part makers to secure its future supply chain and...
Renault to invest $377mn in Brazil Published 01 Jul, 2022 06:57pm SAO PAULO: French carmaker Renault SA said it will invest 2 billion reais ($377.12 million) in Brazil for the...
Volkswagen to build 800,000 fully-electric cars this year Published 12 May, 2022 06:07pm BERLIN: Volkswagen is planning to build 800,000 fully electric cars worldwide this year and 1.3 million in 2023, the...
Toyota to slash production plan, suspend some domestic operation due to COVID lockdown in China Published 10 May, 2022 05:18pm TOKYO: Toyota Motor Corp said on Tuesday it would suspend operations on 14 lines at eight domestic factories for up...
FTO’s judgement: LTO Karachi, carmaker agree on refund mechanism Updated 07 Apr, 2022 11:01am ISLAMABAD: The Large Taxpayer Office (LTO) Karachi and a leading car manufacturer have agreed on a mechanism for...