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

Automobiles & Auto Components

SECTOR | 09 May 2025

Toyota Vellfire: Lux Corner

Business Line

The Toyota Vellfire redefines luxury motoring and how!

Automobiles & Auto Components

SECTOR | 09 May 2025

Mercedes-Benz India focuses on deep localisation as forex hit push costs up

Business Standard

Luxury carmaker to raise prices in two phases in 2025 due to forex pressures while expanding localisation to protect margins and banking on India's economic resilience

Automobiles & Auto Components

SECTOR | 09 May 2025

Mercedes-Benz to take price hikes in June, September

Business Line

Cites high forex rates as reason behind hike, aiming to minimise impact on consumers

Automobiles & Auto Components

SECTOR | 09 May 2025

Mexico scrambles to contain measles outbreak linked to Mennonite community

Business Standard

In a rickety white Nissan, nurse Sandra Aguirre and her vaccination team drive past apple orchards and cornfields stretching to the desert horizon. Aguirre goes door to door with a cooler of measles vaccines. In one of Latin America's biggest Mennonite communities, she knows many will decline to be vaccinated or even open their doors. But some will ask questions, and a handful might even agree to get shots on the spot. We're out here every single day, said Aguirre, pausing to call out to an empty farm, checking for residents. To gain trust of the Mennonites -- because they're reserved and closed-off people -- you have to meet them where they're at, show a friendly face. Aguirre's work is part of an effort by health authorities across the country to contain Mexico's biggest measles outbreak in decades, as cases climb not only here but in the US and Canada. In Mexico, cases have been concentrated in the Mennonite community -- long skeptical of vaccines and distrustful of authorities --

Automobiles & Auto Components

SECTOR | 08 May 2025

Toyota posts strong sales but remains cautious on profit amid rising costs

Business Standard

Japan's top automaker Toyota reported record sales for the fiscal year through March on Thursday, but its profit for the latest quarter faltered partly because of a certification scandal. Toyota Motor Corp.'s January-March net profit totalled 664.6 billion yen (USD 4.6 billion), down from 997.6 billion yen the same period a year ago. Quarterly sales totalled 12.36 trillion yen (USD 85.9 billion), up from 11 trillion yen. Toyota has been strengthening the testing system of its vehicles after acknowledging wide-ranging fraudulent testing, including the use of inadequate or outdated data in crash tests, incorrect testing of airbag inflation and engine power checks. Akio Toyoda, Toyota's chairman and the grandson of the automaker's founder, has apologised. The wrongdoing did not affect the safety of vehicles already on roads, which include the popular Corolla subcompact and Lexus luxury vehicles. But the scandal has been a major embarrassment for a manufacturer whose brand has been...