Escalating Trade Tensions Former President Donald Trump announced this week that he intends to raise tariffs on European Union automobiles to 25%, marking a significant escalation in transatlantic trade friction. This policy shift, proposed as a cornerstone of his economic agenda, follows a series of legal and diplomatic challenges that have defined the volatile relationship…
New Regulatory Framework for Biofuels The Indian Ministry of Road Transport and Highways has issued a draft notification proposing a landmark amendment to the Central Motor Vehicle Rules, which would permit vehicles to operate on 100% ethanol and fully biodiesel fuels. Released this week in New Delhi, the policy shift aims to reduce the nation’s…
Strong Performance Across Key Segments Mahindra & Mahindra (M&M) announced a robust start to the fiscal year, reporting a 14% year-on-year increase in total sales for April 2024. The Mumbai-based automotive giant delivered 94,627 units during the month, signaling sustained demand across its diverse product portfolio. While the company saw growth across several categories, the…
Tata Motors Passenger Vehicles Ltd reported a significant 31 percent increase in total sales for April, reaching 59,701 units compared to 45,562 units during the same period last year. The company’s domestic passenger vehicle sales reached 59,000 units, marking a 30.5 percent climb from the 45,199 units recorded in April of the previous year, according…
Toyota Kirloskar Motor (TKM) announced a significant growth trajectory this week, reporting a 17 percent increase in total sales for April 2024, reaching 32,086 units. The company’s domestic performance served as the primary driver for this momentum, with local deliveries climbing 21 percent to 30,159 units compared to the 24,833 units recorded during the same…
In the rapidly evolving landscape of electric vehicles (EVs), companies like Rivian have emerged as trailblazers, pushing the boundaries of sustainable transportation with their innovative designs and commitment to adventure. From its inception, Rivian set out to challenge the status quo, not just with electric trucks and SUVs, but with a holistic vision for outdoor-centric…
Electric vehicle (EV) sales in India are facing potential headwinds as four major states—Maharashtra, Uttar Pradesh, Rajasthan, and Tamil Nadu—have exhausted their direct purchase incentives. These states collectively account for over a third of the nation’s EV demand, and the discontinuation of subsidies is expected to increase upfront costs for consumers, potentially slowing the industry’s…
