Check out what’s clicking on FoxBusiness.com. China has moved to ban one of the most iconic Tesla vehicle features in order to get a handle on vehicle safety. New safety regulations published by China’s Ministry of Industry and Information Technology state that cars sold in China will be required to have mechanical releases on their […]
Rising automobile exports are reflective of the increasing acceptance of India-manufactured vehicles across global markets, according to Economic Survey 2025-26. The automobile industry witnessed tremendous growth in exports, with more than 53 lakh vehicles shipped across passenger, commercial, two-wheeler, and three-wheeler segments in the FY25 and posting double-digit growth in the first half of 2025-26, […]
New Delhi will immediately cut import duty on luxury cars to 30% from as high as 110% under the India-EU FTA, an official said, opening the tightly controlled market to the likes of Mercedes-Benz to BMW and Volkswagen AG’s Audi. The Mercedes-Benz logo is pictured on the hood of a car. (Unsplash) While India has […]
Mahindra & Mahindra Ltd. led declines in auto stocks on Tuesday amid reports that the India-EU trade deal includes a clause to slash import duty on cars. The Mahindra Thar Roxx. (Handout) M&M’s share price fell as much as 5.07% to ₹3,363.70 apiece on the NSE, even as Nifty Auto index was down 2.18% intraday. […]
WHEN THE European Union increased tariffs on Chinese battery electric vehicles (EVs) in 2024, the logic was straightforward: raise prices and imports will fall. A study published by the Kiel Institute, a think-tank, estimated that higher levies would cause Chinese car exports to plunge by 25%. After more than a year, that forecast is wrong. […]
Maruti Suzuki India Ltd. has become the first Indian carmaker to achieve cumulative sales of three crore units, underscoring the market dominance of India’s largest carmaker since inception 42 years ago. The Maruti Suzuki Swift is among the Top 3 all-time best-selling cars of India’s largest carmaker by sales (Unsplash) The New Delhi-based carmaker sold […]
Maruti Suzuki India Ltd. is on track to deliver a record-setting 50,000 cars on Dhanteras, according to a company official, underscoring the resurgence in demand for cars following GST reforms. The Maruti Suzuki Victoris, the latest offering from India’s largest carmaker. (HT) “We have already done 38,500 deliveries today and expect to reach 41,000,” Partho […]