Jaguar Land Rover has extended its production shutdown until October 1 following a cyberattack that disrupted global operations. The halt, nearing a month, is costing millions daily, straining suppliers and prompting UK government and union calls for urgent support
Small car prices are set to drop by up to Rs 1 lakh following the GST rate cut, offering relief to middle-class buyers and reviving demand in smaller cities. The move, welcomed by automakers, is expected to boost festive season sales
As China clamps rare-earth exports, India charts a strategic roadmap; domestic mining, homegrown processing, alternative suppliers and R&D, to safeguard its automotive and clean-tech ambitions
The company, which makes chips for Toyota, Nissan and Honda, expects production at one of the buildings at its Naka Factory in Hitachinaka to be halted for a month.
Fitch Solutions Country Risk and Industry Research noted that some of the operational risks present in the country would still remain a challenge for many investors despite the incentive
