PTI | More than 1.73 lakh people were killed and 4,47,969 others were injured in road accidents  across the country in 2023 with 45.8 per cent of the victims riding two wheelers, while over-speeding were found to be the two major causes of road accidents, according to a report of the National Crime Records Bureau (NCRB). Most of the road accidents, 95,984 out of the total 4,64,029, in the … [Read more...]

PTI | Union Minister for Road Transport and Highways Nitin Gadkari on Monday refused to be pulled into a controversy over allegations against him with regard to ethanol blending, saying it is work of a powerful import lobby upset by his decisions. Speaking at a programme here, the minister likened himself to a “tree that bears fruit,” and said, “I don’t respond to such criticisms because then it … [Read more...]

(Reuters) – Vancouver-based Lithium Americas (LAC.TO), said on Wednesday that the U.S. Department of Energy (DOE) has taken a 5% stake in the company, along with a separate 5% stake in its Thacker Pass lithium project joint venture with General Motors (GM.N). While the total deal value was not disclosed, Lithium Americas confirmed it has finalized an agreement with the DOE to initiate … [Read more...]

Summary First Brands, Tricolor bankruptcies highlight consumer credit stress Lower-income households face high interest rates, labor market weakness, and tariffs Auto loan delinquencies rise, affecting low-, middle-income households NEW YORK, (Reuters) – Two auto sector bankruptcies have rattled parts of the U.S. credit market, raising concerns about a deterioration in the financial health of … [Read more...]

(Reuters) – Kia America is recalling over 39,500 vehicles in the U.S. as the heating, ventilation, and air conditioning (HVAC) blower motor wiring harness may be inadequate causing fire risks, the U.S. National Highway Traffic Safety Administration said on Tuesday. Reporting by Kanjyik Ghosh in Barcelona; Editing by Mrigank Dhaniwala Source: worldautoforum.com … [Read more...]

Bengaluru, India, September 30th  2025 Yuma Energy, India’s fastest-growing Battery-as-a-Service (BaaS) provider, today announced a landmark partnership with Hindustan Petroleum Corporation Limited (HPCL), one of the nation’s largest energy companies with a network of over 24,000 retail outlets. This collaboration represents a significant milestone in building India’s clean mobility … [Read more...]

Source : PTI | Moody’s Ratings on Monday downgraded Tata Motors’ outlook to negative from positive following a cyber attack on its British arm Jaguar Land Rover which has led to a complete production halt. The rating agency affirmed the Mumbai-based auto major’s Ba1 corporate family rating (CFR). “The outlook change to negative from positive reflects our view that a full recovery in credit metrics … [Read more...]

(Reuters) – Jaguar Land Rover (JLR), owned by India’s Tata Motors, said on Monday it will resume some of its manufacturing operations in the coming days, as the luxury carmaker begins a phased recovery following a cyber attack earlier this month. On Saturday, the British government pledged a $2 billion loan guarantee for the group to help support its supply chain in the wake of the production … [Read more...]

Summary US restricts exports to companies on its ‘Entity List’ The new rule also captures subsidiaries of the named companies Ownership stakes of 50% trigger the restrictions China slams rule, says it undermines global supply chains Rule may affect Huawei, DJI, Hikvision (Reuters) – The U.S. on Monday cracked down on companies in China and other countries that use subsidiaries or other foreign … [Read more...]

Summary First Brands files for Chapter 11 bankruptcy protection Company discloses liabilities ranging from $10 billion to $50 billion First Brands lists assets between $1 billion and $10 billion in latest filing NEW YORK, (Reuters) – U.S. auto parts maker First Brands filed for bankruptcy protection on Monday after disclosing liabilities exceeding $10 billion, marking the collapse of a company … [Read more...]

Summary Elkann’s mother says note casts doubt on how Agnelli money split Elkann leads family holding that controls Ferrari, Stellantis Elkann’s lawyers say note has no bearing on inheritance deal MILAN, (Reuters) – Ferrari and Stellantis chair John Elkann faces a new legal battle with his mother after her lawyers on Monday presented what they said was a previously undisclosed handwritten … [Read more...]

Source : PTI | Amid the ongoing debate over whether entry-level small cars will stage a comeback in the GST 2.0 era, hatchbacks will maintain their market relevance despite the global trend of “SUVisation” across the auto industry, according to the automotive dealers’ body Federation of Automobile Dealers Associations. While the country’s largest carmaker Maruti Suzuki India, which enjoys a … [Read more...]

Source : PTI | Delhi Chief Minister Rekha Gupta on Sunday flagged off 300 new DTC electric buses, saying their routes have been rationalised for better connectivity. The rationalisation done with the help of IIT Delhi will ensure buses are plied everywhere in the city, from border areas to its innermost parts, an official statement read. Union Minister of State for Corporate Affairs and Road … [Read more...]

FRANKFURT/BERLIN/STOCKHOLM, (Reuters) – Shares in Germany’s Daimler Truck and Traton fell on Friday after U.S. President Donald Trump announced tariffs on heavy-duty trucks, adding to trade tensions that have hit the automotive sector hard. Together with a barrage of tariffs in other sectors, including on pharmaceuticals, Trump said on Thursday the U.S. would impose duties of 25% on imports of … [Read more...]

(Reuters) – Stellantis is recalling 123,396 vehicles in the U.S. due to detached trim pieces on the driver and passenger windows that can create a road hazard for other vehicles, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Saturday. The quarter trim on the driver and passenger windows may not have been properly secured, which can allow it … [Read more...]

LONDON, (Reuters) – Britain will back Jaguar Land Rover with a 1.5 billion pound ($2 billion) loan guarantee to help support its supply chain in the wake of the luxury carmaker’s production shutdown following a cyberattack. Jaguar Land Rover’s shutdown has lasted nearly a month, and the government had been exploring options to support the company and its supply chain, with some small suppliers … [Read more...]

Source : PTI | The Maharashtra transport department has taken action against nearly 7500 taxis, auto rickshaws and two-wheelers in the Mumbai Metropolitan Region between April 1 and August 25 for violations and collected fines totalling ₹1.63 crore, an official said on Thursday. The transport department has also registered FI₹against some app-based aggregators at Azad Maidan, Samata Nagar and … [Read more...]

Source : PTI | Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday said that there are no sanctions on the purchase of Russian crude oil, and the world will face serious consequences if the supplies are disrupted. Citing the case of Iran and Venezuela, he said India has always complied with sanctions as a responsible member of the international community. The comments have … [Read more...]

(Reuters) – India’s Tata Motors on Friday named insiders Shailesh Chandra as managing director and CEO and Dhiman Gupta as chief financial officer, as the carmaker reshapes its top team amid disruption at Jaguar Land Rover. Chandra will take charge on October 1 for three years, the company said. He is currently joint managing director for Tata Motors’ passenger vehicles and passenger electric … [Read more...]

WASHINGTON, (Reuters) – Electric vehicle manufacturer Tesla urged the Trump administration not to repeal vehicle emissions standards or the long-standing U.S. finding that greenhouse gas emissions endanger human health. Tesla said in comments posted on Thursday that the Environmental Protection Agency’s proposal to repeal the standards “would give a pass to engine and vehicle manufacturers for all … [Read more...]