Sector Automobiles & Auto Components - Latest news, views and updates

SECTOR | 12 Feb 2025

Aim is cooperation with Nissan, not acquisition: Foxconn's Young Liu

Business Standard

The deal would have been the latest change in a car industry facing a huge threat from China's BYD and other electric vehicle entrants

Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.

Automobiles & Auto Components

SECTOR | 12 Feb 2025

SIAM showcases multiple fuel option vehicles at IEW 2025

Business Line

With advanced technologies and innovative fuel options, these production ready vehicles reinforce the collective effort to drive sustainable mobility and reduce environmental impact

Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.

Automobiles & Auto Components

SECTOR | 12 Feb 2025

Trump's steel, aluminum tariffs may drive up car costs: Industry leaders

Business Standard

President Donald Trump's tariffs on steel imports this week could wreak havoc on American auto manufacturing, industry leaders say. The moves align with the Trump administration's aggressive global trade agenda and ambitions to strengthen US industry, but they could have an inverse effect. On March 12, all steel imports will be taxed at a minimum of 25%, the result of two orders the president signed Monday that also include a 25 per cent tariff on aluminum. That could have a serious impact on domestic auto companies including Ford, GM and Stellantis and make these companies' vehicles more expensive for the nation's car buyers. Tariffs on crucial products coming from outside of the US places pressure on domestic sourcing of the materials, experts say. The basic rules of supply and demand could drive up costs. "Steel producers have to find ways to increase capacity, and aluminum and steel might be in short supply in the short term," said Sam Fiorani, analyst at AutoForecast Solutions

Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.

Automobiles & Auto Components

SECTOR | 11 Feb 2025

Trump's tariffs have added 'a lot of cost, a lot of chaos': Ford CEO Farley

Business Standard

Businesses have warned of fallout from tariffs, with many manufacturing-heavy companies finding it difficult to plan next steps or determine if Trump will follow through on signaled policy moves

Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.

Automobiles & Auto Components

SECTOR | 10 Feb 2025

Honda, Nissan results likely to highlight flaws as deal set to fail

Business Standard

A deal would have created one of the world's biggest carmakers, giving the combined company the scale it needs to compete with EV makers

Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.

Automobiles & Auto Components

SECTOR | 09 Feb 2025

Electric vehicles may be about 20% of Honda's wo-wheeler sales by 2030

Business Standard

HMSI launched swappable battery-run Activa E and fixed battery-run QC1 in November. It is starting deliveries of these two products from this month itself

Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.

Automobiles & Auto Components

SECTOR | 09 Feb 2025

Art and BMW from rolling sculptures to cultural partnerships

Business Line

How luxury car maker BMW's partnership with the India Art Fair is part of its global corporate citizenship endeavours

Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.

Automobiles & Auto Components

SECTOR | 08 Feb 2025

US Steel will get investment from Nippon, instead of being bought: Trump

Business Standard

President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, but the Japanese company would instead invest in the symbolically important American business. The U.S. president mistakenly referred to Nippon Steel as Nissan, the Japanese automaker. But it's Nippon Steel's bid that generated controversy as both Trump and his predecessor in the White House, Joe Biden, vowed to block the merger. Nippon Steel is going to be doing something very exciting about U.S. Steel, Trump said at a news conference with Japanese Prime Minister Shigeru Ishiba. They'll be looking at an investment rather than a purchase. It was unclear what the details of the investment would be, but Trump said he would meet with the head of Nippon Steel next week and he would be involved to mediate and arbitrate. Ishiba described the investment as mutually beneficial and said Japanese technology would be provided to U.S. Steel mills. Nippon Steel in December 2023 made what was

Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.

Automobiles & Auto Components

SECTOR | 07 Feb 2025

Eyes on the road: How Santosh Iyer is shaping Mercedes-Benz India's path

Business Standard

For Santosh Iyer, the drive is as much about the journey as it is about the destination - whether on the road or steering Mercedes-Benz India into the future

Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.

Automobiles & Auto Components

SECTOR | 07 Feb 2025

Volkswagen, Kia under scanner for mis-declaration

Business Line

Sources said that the trigger came from the Directorate of Revenue Intelligence, and the Customs issued a show cause notice to Kia, which has a plant at Ananthapur in Karnataka

Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.