Auto Market
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China To Ban Hidden Door Handles On Cars From 2027 Over Safety Concerns
The new rules stipulate that all doors except the tailgate "shall be equipped with a mechanical release exterior door handle".
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European Carmakers Eye Expansion In India Amid Suzuki, Homegrown Domination
European carmakers, squeezed by U.S. tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports, but face a tough market dominated by homegrown firms and compact Japanese "kei cars.
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Chinese Auto Market Shifts Towards Affordable Domestic Cars Over Premium Imports
Chinas luxury car demand declines as economic slowdown and shifting preferences hurt European automakers sales.
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India Now World's 3rd Largest Auto Market After China And US: Report
India eclipsed Japan in auto sales last year, according to the latest industry data, making it the third-largest auto market for the first time, Nikkei Asia reported on Friday.
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World Stocks Eye First Weekly Gain In Eight Weeks, Dollar Hits 1-Month Low
World stocks were heading for their first weekly gain in eight weeks on Friday on a more upbeat earnings view.
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Maruti Suzuki Sees Lowest Market Share In 8 Years, Tata Motors At 13 Years High
Maruti Suzuki India's market share has come down to an eight-year low, at 43.65 per cent, in Financial Year 2021-22. At the same time rival Tata Motors has reported a rise in market share, which stands at 12.14 per cent, its highest ever in the last thirteen years.
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China NEV Sales Drop 18.6 Per Cent In January After Subsidy Cut
December sales surged as buyers rushed in ahead of a subsidy cut that took place in January, Cui Dongshu, Secretary-General of another industry body China Passenger Car Association (CPCA) said on Monday.
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China Evergrande EV Unit Plans Share Sale To Fund Vehicle Production
China Evergrande's electric vehicle unit said on Wednesday it plans to sell HK$500 million ($64.2 million) worth of shares to fund production of new-energy cars, including those made by its Hengchi brand.
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China Urges Chipmakers To Allocate More Capacity To China Auto Market
The Ministry of Industry and Information Technology urged companies to "place high importance on" and "increase production capacity allocation" for China's auto market, the world's biggest, according to a statement on its website.
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Bajaj Auto Becomes World's Most Valuable Two-Wheeler Company
Bajaj Auto Limited has reported that it has become the first two-wheeler company in the world to cross market capitalisation of Rs. 1 lakh crore.
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Royal Enfield Meteor 350 Launched In Thailand
Royal Enfield has launched the Meteor 350 in Thailand as well. The prices for the Meteor 350 range from 150,000 Thai Baht to 159,500 Thai Baht. Thailand too gets all three variants of the Meteor 350 which are Fireball, Stellar and Supernova.
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China's GAC, BMW Expect China Sales To Grow This Year
GAC and BMW expect sales to grow in the world's biggest auto market - China, as consumption revives from COVID-19 lockdowns.
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U.S. New Car Sales In June Seen Down As Much As 30 Per Cent
The shutdown of plants and auto dealers hit the U.S. auto sector hard in April and May, but assembly plants reopened starting May 18 and have since boosted production while sales have rebounded as states reopen economies.
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Chinese Automotive Market Looking Bright At Import Expo
Car industry professionals spoke highly of the Chinese automotive market at the second China International Import Expo (CIIE), which concluded Sunday in east China's Shanghai Municipality.
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Coal-Reliant Poland's e-Car Push Clouded By European Union's Emissions Row
Poland is betting on electric batteries to turbocharge its economy, but its dependency on coal could challenge its strategy as the EU seeks to champion European manufacturers that promote clean energy.
-
China To Ban Hidden Door Handles On Cars From 2027 Over Safety Concerns
The new rules stipulate that all doors except the tailgate "shall be equipped with a mechanical release exterior door handle".
-
European Carmakers Eye Expansion In India Amid Suzuki, Homegrown Domination
European carmakers, squeezed by U.S. tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports, but face a tough market dominated by homegrown firms and compact Japanese "kei cars.
-
Chinese Auto Market Shifts Towards Affordable Domestic Cars Over Premium Imports
Chinas luxury car demand declines as economic slowdown and shifting preferences hurt European automakers sales.
-
India Now World's 3rd Largest Auto Market After China And US: Report
India eclipsed Japan in auto sales last year, according to the latest industry data, making it the third-largest auto market for the first time, Nikkei Asia reported on Friday.
-
World Stocks Eye First Weekly Gain In Eight Weeks, Dollar Hits 1-Month Low
World stocks were heading for their first weekly gain in eight weeks on Friday on a more upbeat earnings view.
-
Maruti Suzuki Sees Lowest Market Share In 8 Years, Tata Motors At 13 Years High
Maruti Suzuki India's market share has come down to an eight-year low, at 43.65 per cent, in Financial Year 2021-22. At the same time rival Tata Motors has reported a rise in market share, which stands at 12.14 per cent, its highest ever in the last thirteen years.
-
China NEV Sales Drop 18.6 Per Cent In January After Subsidy Cut
December sales surged as buyers rushed in ahead of a subsidy cut that took place in January, Cui Dongshu, Secretary-General of another industry body China Passenger Car Association (CPCA) said on Monday.
-
China Evergrande EV Unit Plans Share Sale To Fund Vehicle Production
China Evergrande's electric vehicle unit said on Wednesday it plans to sell HK$500 million ($64.2 million) worth of shares to fund production of new-energy cars, including those made by its Hengchi brand.
-
China Urges Chipmakers To Allocate More Capacity To China Auto Market
The Ministry of Industry and Information Technology urged companies to "place high importance on" and "increase production capacity allocation" for China's auto market, the world's biggest, according to a statement on its website.
-
Bajaj Auto Becomes World's Most Valuable Two-Wheeler Company
Bajaj Auto Limited has reported that it has become the first two-wheeler company in the world to cross market capitalisation of Rs. 1 lakh crore.
-
Royal Enfield Meteor 350 Launched In Thailand
Royal Enfield has launched the Meteor 350 in Thailand as well. The prices for the Meteor 350 range from 150,000 Thai Baht to 159,500 Thai Baht. Thailand too gets all three variants of the Meteor 350 which are Fireball, Stellar and Supernova.
-
China's GAC, BMW Expect China Sales To Grow This Year
GAC and BMW expect sales to grow in the world's biggest auto market - China, as consumption revives from COVID-19 lockdowns.
-
U.S. New Car Sales In June Seen Down As Much As 30 Per Cent
The shutdown of plants and auto dealers hit the U.S. auto sector hard in April and May, but assembly plants reopened starting May 18 and have since boosted production while sales have rebounded as states reopen economies.
-
Chinese Automotive Market Looking Bright At Import Expo
Car industry professionals spoke highly of the Chinese automotive market at the second China International Import Expo (CIIE), which concluded Sunday in east China's Shanghai Municipality.
-
Coal-Reliant Poland's e-Car Push Clouded By European Union's Emissions Row
Poland is betting on electric batteries to turbocharge its economy, but its dependency on coal could challenge its strategy as the EU seeks to champion European manufacturers that promote clean energy.
