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Nissan unit Jatco scraps EV powertrain plant plan in UK amid weak demand
Nissan's subsidiary Jatco has cancelled plans for electric vehicle powertrain manufacturing in Sunderland, Britain. This decision stems from lower than expected demand for Nissan's electric vehicles across Europe. The move follows Nissan's earlier announcement to reduce its global auto production plants. This impacts future manufacturing strategies for electric vehicle components in the UK.
Honda to roll out over 10 new vehicles in India, including EVs and Hybrids
Honda is set to introduce more than ten new models in India. These will include petrol, hybrid, and electric sports utility vehicles. The company aims for accelerated growth in India, a key global market. Honda will also leverage its two-wheeler business to transition customers to passenger vehicles. New models will focus on sub-4 metre and midsize segments.
Tata Motors broadens global ambitions with Stellantis partnership
A deeper engagement with Stellantis signals growing confidence in Tata Motors' capabilities.
Ola Electric shares can crash up to 35%, warns Emkay after seeing Q4 results
Shares of Ola Electric fell sharply on Thursday on after a weak Q4 show, with brokerage Emkay Global maintaining a Sell rating and raising its target to Rs 25, implying over 35% downside. Revenue dropped 57% YoY and volumes slumped, while competition from rivals like Ather and TVS mounts, clouding near-term recovery prospects.
Sansera soars 16%, hits new high; what's driving auto parts stock?
Favourable demand trends, coupled with global supply chain realignment and a strengthening domestic manufacturing ecosystem, continue to expand the opportunity landscape, Sansera's management said.
Challenging times for Indian auto even as long-term demand trends hold: Assocham's Nirmal Minda
India's automotive industry is facing the dual challenge of escalating costs and uncertainties in global trade. Yet, the future looks good with robust long-term demand and a significant pivot towards electric vehicles, says Assocham president Nirmal Minda.
Ramkrishna Forgings to Participate in 16th Annual Global Investor Conference 'Trinity India 2026' on May 28 - scanx.trade
Ramkrishna Forgings to Participate in 16th Annual Global Investor Conference 'Trinity India 2026' on May 28scanx.trade
Nifty 50 to Open Cautiously on May 19 Amid Mixed Global Cues; Eicher Motors, Ashok Leyland, BEL in Focus - Dalal Street Investment Journal
Nifty 50 to Open Cautiously on May 19 Amid Mixed Global Cues; Eicher Motors, Ashok Leyland, BEL in FocusDalal Street Investment Journal
Stocks in news: JSW Steel, ZEE, Adani Enterprises, Vodafone Idea, Eicher Motors
Indian markets saw a volatile Monday, ending nearly flat due to global weakness and economic worries. Analysts suggest Nifty is consolidating, with resistance at 23,800-24,000 and support near 23,150-23,300. Key companies like JSW Steel, ZEE, and Adani Enterprises are in focus. IOC reported a significant profit surge. Eicher Motors plans a new manufacturing plant.
Hindustan Copper to raise output by 30% as global demand zooms
Hindustan Copper aims for a significant production jump this fiscal year. This increase is driven by anticipated strong demand from AI data centers, electric vehicles, and power grid upgrades. Global copper markets are expected to remain tight with elevated prices. The company's output is projected to reach its best-ever levels.
Diageo India bets big on premium demand
Demand for premium alcohol in India remains robust despite global challenges, says Diageo India's managing director Praveen Someshwar. However, increasing costs for packaging and energy are impacting profit margins, he adds.
JSW Energy, WPIL, Rajratan Global Wire Grow Despite Indian Market Caution - Whalesbook
JSW Energy, WPIL, Rajratan Global Wire Grow Despite Indian Market CautionWhalesbook