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European OEMs Need to Cut Vehicle Costs by 30-40% to Remain Competitive, Says KPIT

European OEMs Need to Cut Vehicle Costs by 30-40% to Remain Competitive, Says KPIT

autherKiran Murali     calendar29 Jul 2026

Several global OEMs, particularly in Europe and Japan, are grappling with sales slowdown, rising costs and increasing competition from Chinese manufacturers. 

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Apollo Tyres Chairman Sees Profitable Growth Despite Global Uncertainty
Apollo Tyres Chairman Sees Profitable Growth Despite Global Uncertainty

autherMukul Yudhveer Singh calendar29 Jul 2026

Onkar S. Kanwar says disciplined execution, sustainability and long-term investments will help the tyre maker navigate...

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Battery Material Recycler Ardee Industries Sets IPO Price Band at Rs 50–53 per Share
Battery Material Recycler Ardee Industries Sets IPO Price Band at Rs 50–53 per Share

autherAutocar Professional Bureau calendar29 Jul 2026

Refined lead and alloy manufacturer seeks to raise up to Rs 320 crore through a fresh issue to expand capacity and fun...

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India’s Truck Market Consolidation Quickens as M&M Moves Operations Into SML Mahindra
India’s Truck Market Consolidation Quickens as M&M Moves Operations Into SML Mahindra

By Shahkar Abidi and Ketan Thakkar calendar29 Jul 2026

Consolidation of commercial vehicle operations in a Rs 525 crore slump sale to build a unified entity and target a top...

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Sona Comstar and Tata STRIVE Set Up Chakan Training Facility to Address EV Skill Gap
Sona Comstar and Tata STRIVE Set Up Chakan Training Facility to Address EV Skill Gap

autherDev Vadchhedia calendar29 Jul 2026

Joint skill centre aims to supply industry-ready technicians to Pune’s expanding manufacturing and EV manufacturing hu...

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MINI India Introduces Limited-Run Convertible Stardust Edition at Rs 62.90 Lakh
MINI India Introduces Limited-Run Convertible Stardust Edition at Rs 62.90 Lakh

autherDev Vadchhedia calendar29 Jul 2026

Imported model features custom grey paint, Union Jack soft top, and a 204 hp turbo petrol powertrain.

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Shanthi Gears Revenue Drops 14% to Rs 115 Crore in Q1 FY27
Shanthi Gears Revenue Drops 14% to Rs 115 Crore in Q1 FY27

autherDev Vadchhedia calendar29 Jul 2026

Murugappa Group subsidiary reports lower quarterly sales and profit while holding an unexecuted order book of Rs 378 c...

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Indian Tyre Makers Face FY27 Margin Pressure and Higher Capex Outlay: Report
Indian Tyre Makers Face FY27 Margin Pressure and Higher Capex Outlay: Report

autherDev Vadchhedia calendar29 Jul 2026

Equirus report highlights rising natural rubber and crude prices alongside aggressive capacity expansion commitments b...

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Audi Launches Flagship Q9 SUV
Audi Launches Flagship Q9 SUV

autherDev Vadchhedia calendar29 Jul 2026

German automaker expands upper-end portfolio with a three-row model featuring 3D curved OLED lighting, level 2 hands-f...

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Maharashtra Scooters Plans Name Change, Drop Auto Manufacturing Clauses in Strategic Shift
Maharashtra Scooters Plans Name Change, Drop Auto Manufacturing Clauses in Strategic Shift

autherAutocar Professional Bureau calendar29 Jul 2026

Company moves to remove legacy automotive manufacturing references from constitutional documents while exploring entry...

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POLL OF THE MONTH

Has the US-Iran war given a structural boost to EV adoption in India?

Has the US-Iran war given a structural boost to EV adoption in India?

Yes

 

73.33%

No

 

26.67%

Total Votes : 390