automotive industry
Motherson and Adani Ports Partner to Transform Dighi Port into Major Automotive Export Hub in Maharashtra
Dec 05, 2025 01:24 pm CST
Motherson's joint venture SAMRX has partnered with Adani's Dighi Port to establish a dedicated RoRo terminal for automotive exports in Maharashtra. This strategic collaboration aims to enhance India's automotive supply chain efficiency under the 'Make in India' initiative, with state-of-the-art infrastructure capable of handling end-to-end Finished Vehicle logistics for major automotive manufacturers, strengthening India's position in global vehicle exports.
Tesla Expands in India with First Full-Scale Center in Gurugram Amid Global Market Challenges
Nov 19, 2025 11:38 pm CST
Tesla is set to open its first comprehensive center in Gurugram this month, strengthening its position in India's luxury EV market where it faces competition from established European brands. Despite charging premium prices due to high import duties, Tesla has seen promising initial sales with 104 units registered in two months, as the company prioritizes India amid slowing demand in other global markets.
Chinese EV Manufacturers Dominate South American Market While Tesla Remains Absent
Nov 17, 2025 09:49 pm CST
Chinese electric vehicle manufacturers are rapidly expanding across South America, capturing significant market share in countries like Peru, Chile, Uruguay, and Brazil. While Tesla lacks official presence in the region, companies like BYD, Geely, and GWM offer more affordable options at around 60% of Tesla's price point. New infrastructure such as China's Chancay megaport in Peru is facilitating increased distribution of Chinese vehicles throughout the continent, with EV adoption rates reaching record highs despite challenges in charging infrastructure.
Indian Companies Secure Licenses for Rare Earth Magnet Imports from China Amid Global Supply Challenges
Oct 31, 2025 01:31 am CST
India has granted licenses to several companies including Continental India, Hitachi, and Jay Ushin to import rare earth magnets from China, providing relief to the automotive and electronics industries. These first clearances since Beijing's export restrictions in April come with conditions prohibiting re-export to the US or use in defense applications, while coinciding with a new US-China agreement on rare earth materials supply.
BMW Recalls Over 331,000 Vehicles Globally Due to Starter Motor Fire Risk: What Owners Need to Know
Sep 27, 2025 01:57 am CST
BMW AG has announced a significant recall affecting at least 331,000 vehicles worldwide due to a potential fire hazard in the starter motor. The issue, affecting models from 2015-2021, involves possible corrosion that could lead to short circuits and fires. This comes as BMW faces increasing competition in the electric vehicle market while recovering from previous costly recalls. The company will provide free repairs including starter motor and battery replacements for affected vehicles.
Maruti Sold 30,000 Cars, Hyundai 11,000 On 1st Day Of Navratri Amid GST Cuts
Sep 23, 2025 02:41 pm CST
The auspicious start of Navratri, amplified by the momentum from the GST 2.0 reforms, has infused strong positivity into the automobile market, with car dealers registering robust sales across the country.