Huge fear! China’s grip over uncommon earth magnets sends Indian auto trade right into a spin; delegation of trade folks eye China go to

Huge fear! China’s grip over uncommon earth magnets sends Indian auto trade right into a spin; delegation of trade folks eye China go to

The Indian car trade faces potential manufacturing challenges. (AI picture) China’s maintain on uncommon earth magnets has left the Indian auto trade anxious. A contingent of automotive trade delegates is getting ready to go to China to facilitate uncommon earth magnet imports for Indian firms, in accordance with trade insiders.The Indian automotive sector has been…

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Maruti Suzuki cuts near-term EV manufacturing amid uncommon earths disaster

Maruti Suzuki cuts near-term EV manufacturing amid uncommon earths disaster

Maruti Suzuki has lower near-term manufacturing targets for its maiden electrical car e-Vitara by two-thirds. File | Photograph Credit score: PTI Maruti Suzuki has lower near-term manufacturing targets for its maiden electrical car e-Vitara by two-thirds due to uncommon earths shortages, a doc confirmed, within the newest signal of disruption to the auto trade from…

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Maruti Suzuki To Hike Automotive Costs By Up To 4% From April 2025 | Auto Information

Maruti Suzuki To Hike Automotive Costs By Up To 4% From April 2025 | Auto Information

New Delhi: Maruti Suzuki, India’s largest automotive producer, has introduced a worth hike of as much as 4per cent on its automobiles, efficient April 2025. In response to Maruti Suzuki, the corporate cited rising enter prices and operational bills as the first causes for this resolution. The worth enhance will range throughout totally different fashions….

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One-third of NSE 500 shares now cheaper than pre-covid valuation, ETCFO

One-third of NSE 500 shares now cheaper than pre-covid valuation, ETCFO

A few third of NSE 500 shares are cheaper than their pre-Covid valuations, as measured by price-to-earnings (PE) and price-to-book (P/B) ratios. Following the sharp market correction since October 1, a number of blue-chip corporations are 10-60% under March 2020 ranges by these key metrics. They embrace HDFC Financial institution, Bharti Airtel, ICICI Financial institution,…

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Volkswagen’s USD 1.4 billion India tax tussle rekindles overseas investor fears, ETCFO

Volkswagen’s USD 1.4 billion India tax tussle rekindles overseas investor fears, ETCFO

Within the extremely aggressive auto sector, Volkswagen is just not alone in going through tax scrutiny. India’s demand for again taxes operating right into a document USD 1.4 billion from Volkswagen, after 12 years of scrutiny, is reigniting considerations that prolonged investigations and litigation may bitter the plans of overseas corporations within the fastest-growing main…

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Ex CarDekho CFO Mayank Gupta joins Jindal Metal & Energy, CFO Information, ETCFO

Ex CarDekho CFO Mayank Gupta joins Jindal Metal & Energy, CFO Information, ETCFO

Mayank Gupta, CFO, Jindal Metal & Energy Jindal Metal & Energy, an industrial main introduced the appointment of Mayank Gupta as its Chief Monetary Officer, efficient January 30, 2025. Sunil Agrawal, who presently holds this place, will step down as Chief Monetary Officer however will proceed to supervise his duties throughout the Finance perform of…

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Maruti Suzuki unveils the brand new e-VITARA, its first battery EV in India, claims to have a spread of 500 kms – Firstpost

Maruti Suzuki unveils the brand new e-VITARA, its first battery EV in India, claims to have a spread of 500 kms – Firstpost

The e-VITARA comes with 2 powertrains. The 49kWh battery powers a entrance axle-mounted motor, delivering 144hp and 189Nm of torque. For these looking for extra energy, the 61kWh battery offers a entrance motor producing 174hp and 189Nm of torque learn extra Maruti Suzuki India Restricted has unveiled its much-anticipated first battery electrical car (BEV), the…

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Have Plans To Enter Small Electrical Automobiles Phase In India After e Vitara: Toshihiro Suzuki | Auto Information

Have Plans To Enter Small Electrical Automobiles Phase In India After e Vitara: Toshihiro Suzuki | Auto Information

New Delhi: Japan’s Suzuki Motor Company plans to enter the electrical small automobile section in future after gathering expertise from its first EV, SUV e VITARA, which can make the worldwide debut in India, firm’s Consultant Director and President Toshihiro Suzuki stated on Thursday. The Japanese carmaker additionally believes that regardless of declining gross sales,…

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