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Auto Industry Performance of February-2024 WAF
INDIA
Expect accelerated growth post investment by JSW Group: MG Motor India CEO Emeritus Rajeev Chaba WAF
Heavy industries ministry announces INR 500 cr scheme to promote e-mobility WAF
2025 Bharat Mobility Global Expo dates announced, to be held at 3 venues HTAuto
PM inaugurates India’s first automobile in-plant railway siding project of Maruti Suzuki in Gujarat WAF
Popular Vehicles IPO subscribed 45% on day two of offer WAF
FADA suggests tough time ahead for passenger car sales. Here’s why HTAuto
M&M to launch 3 pure electric utility vehicles, says it is committed to UVs too WAF
Over 40% cab drivers, delivery persons face violence at work: Survey WAF
Petrol, diesel prices fallen in India when global energy market in turmoil: Puri WAF
Lohum raises USD 54 million to fuel its market expansion WAF
Ola Electric to unveil Raahi, plans to enter electric autorickshaw market later this month: Report CNBC
Compressed bio gas plants to be set up in Raipur, Bhilai; initial pact with BPCL signed WAF
India to have 150 million tonne coal stock by March-end: Coal Minister WAF
First chip from Tata’s Dholera plant will be out in December 2026: Ashwini Vaishnaw WAF
After Hyundai and VinFast, Tata Motors to invest ₹9,000 crore in Tamil Nadu CNBC
Mahindra family to sell ‘small’ portion of stake in automaker HTAuto
TVS Motor Co enters France, displays its product range at Salon du Deux Roues HTAuto
MP govt to provide INR 40,000 aid to labourers for purchasing e-scooters: CM Yadav WAF
NHAI urges FASTag users to switch from Paytm to other banks before March 15 to avoid penalties CNBC
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ASIA
Chinese automakers open factories abroad as export clout causes friction WAF
China’s Nio and CATL team up to develop longer life batteries WAF
Hyundai and Kia to recall nearly 170,000 EVs over software problem in South Korea WAF
China lithium boom slows as sagging prices batter high-cost miners WAF
Tesla official talks up Southeast Asia expansion as China’s BYD pulls ahead WAF
Toyota becomes Asia’s most shorted large-cap stock – Hazeltree WAF
Global electric car sales in February hurt by China’s New Year celebrations WAF
Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift WAF
Volkswagen Group China plans to boost investment in majority-controlled JV WAF
China’s Xiaomi to start deliveries of its first EV model, shares soar WAF
Japan’s fair trade watchdog says Nissan underpaid subcontractors WAF
Special moments from the F A D A Vyapar 2024 Garima Mittal Misra – Chairperson – F A D A
EUROPE
Italy’s Iveco Group sees 20% revenue growth to 2028, eyes partnerships WAF
BMW’s annual automotive margin beats expectations WAF
Volkswagen holds out prospect of entry-level EV by 2027 WAF
Polestar cuts starting prices for its upcoming model as EV demand falters WAF
Musk says ‘Deutschland rocks!’ after visit to arson-hit Tesla plant WAF
Truck maker Volvo slows production and cuts 250 jobs, daily GP reports WAF
Porsche sees lower returns in year of major model launches WAF
USA
Ford has big goals for software sales to small business truck fleets WAF
Waymo to start offering free driverless robotaxi services in Los Angeles WAF
Yellen says US aims to ensure domestic EV maker success as China boosts exports WAF
General Motors’ executive vice president for software and services Mike Abbott to step down WAF
Tire makers say lawsuit over fish-killing chemical sidesteps EPA WAF
US opens probe into 250,712 Honda vehicles over braking issues WAF
Next Autopilot trial to test Tesla’s blame-the-driver defense WAF
Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration WAF
Tesla drivers lose US class action bid in battery range cases WAF
MIDDLE EAST
Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal: GTRI WAF
Aramco sees China demand growing, eyes more investments WAF
Exclusive: Gulf oil giants Saudi Aramco, Adnoc set sights on lithium WAF
AUSTRALIA
Volkswagen quits Australia auto lobby committee as fight grows over green fuel standards WAF
Australia auto lobby split widens as Tesla, Volkswagen back tougher emissions plan WAF
