South Korea’s automobile exports fell 5.5 per cent in September amid Middle East tensions and weaker used-car shipments. Eco-friendly vehicle exports and production increased, while domestic sales declined. Seoul shares later narrowed losses as institutional buying supported the benchmark index
The Union Power Ministry has released draft CAFE-III regulations proposing tighter fleet-average fuel efficiency targets from April 1, 2027. The guidelines introduce carbon neutrality factors, fuel-saving technology incentives, and a credit-trading system administered by the Bureau of Energy Efficiency
Audi India will raise car prices by up to 2 per cent from April 1, 2026, citing higher input costs and currency fluctuations. Brand Director Balbir Singh Dhillon said the increase will apply across all models sold in India
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
