Tariff uncertainty is causing major disruptions in business planning and market stability, according to Seth Freeman, Senior Managing Director at GlassRatner Advisory & Capital Group. He highlighted that the unpredictable nature of tariff impositions, delays, and changing terms is making it difficult for companies to plan. “This is new territory to use tariffs like this… […]
Bajaj Auto key to Endurance Tech’s sales recovery, says CFO – CNBC TV18
Maharashtra-based auto component manufacturer Endurance Technologies expects its volumes to recover, particularly from key client Bajaj Auto, despite recent drops in two-wheeler sales. The company’s Chief Financial Officer PS Raja Gopal Sastry said that he expects the volumes to be up again despite the decline. Gopal Sastry believes that “it takes very little for the sentiment, […]
Samir Arora: Reciprocal tariffs won’t hit most Indian industries, market near bottom – CNBC TV18
Samir Arora, Founder and Fund Manager of Helios Capital believes reciprocal tariffs by the US will not significantly impact most Indian industries. Arora highlighted the positive influence of US President Donald Trump on India, suggesting that lower tariffs could, in fact, be beneficial for some sectors. He pointed out that Tesla’s potential entry into India […]
Car prices face $3,000 increase as tariffs hit auto sector – CNBC TV18
President Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion dollars in trade set to be disrupted. Trump on Saturday followed through on his warning to impose 25% tariffs on imports from the two countries, […]
2025 – the year clean fuels take the driver’s seat in India – CNBC TV18
In 1983, India’s automotive revolution began with the launch of the Maruti 800, a car that quickly became a symbol of aspiration and reliability for the masses. Fast forward to 2025, and the Indian automobile industry is undergoing another groundbreaking transformation—this time fueled by sustainability. India, now the third-largest automobile market globally, has witnessed remarkable […]
Auto wrap: Mercedes-Benz E-Class LWB, Triumph Trident 660 and more – CNBC TV18
The second week of October saw several notable launches from major automakers. With cutting-edge innovation, style, and performance, the auto sector has introduced a range of new vehicles. From Mercedes-Benz E-Class LWB to Triumph Trident 660, here is a roundup of the new models that made their debut. Mercedes-Benz E-Class LWB Mercedes-Benz India launched the […]
Uno Minda posts highest-ever quarterly revenue in Q1, net profit rises 15% – CNBC TV18
Uno Minda Ltd has reported its highest quarterly revenue for the quarter ended June 30, 2024, released on Wednesday. The company has delivered a strong 23% year-on-year (YoY) jump in its consolidated revenue from operations at ₹3,818 crore for Q1FY25 as against ₹3,093 crore in the same period last year. The revenue growth was led […]