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GM sees US$ 9.3 billion hit from labor deals, outlines US$ 10 billion stock buyback: Report

autherAutocar Professional Bureau     calendar29 Nov 2023

The company has struggled to boost its stock price as it dealt this year with the UAW strike, problems at its Cruise self-driving vehicle unit and with the rollout of its new electric vehicles, the newswire stated.

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Transition to BEV not a choice, an imperative, Tata Motors on course for 50% penetration by 2030, says Shailesh Chandra News
Transition to BEV not a choice, an imperative, Tata Motors on course for 50% penetration by 2030, says Shailesh Chandra

By Ketan Thakkar and Radhika Dave calendar29 Nov 2023

"We are very clear that we will be 50% by 2030 as a company and do everything to bring all ecosystem players together ...

Exports key to building scale and bring down cost for EVs for Stellantis, says Deputy MD, Aditya Jairaj News
Exports key to building scale and bring down cost for EVs for Stellantis, says Deputy MD, Aditya Jairaj

By Radhika Dave and Ketan Thakkar  calendar29 Nov 2023

Despite a modest market share in India, with its Jeep and Citroen brands, Stellantis is already profitable in India th...

Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24  News
Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24 

By Shahkar Abidi calendar29 Nov 2023

The company currently operates 592 e-bus charging stations, a significant increase from the 234 stations it had in FY2...

Tata Technologies to list on bourses tomorrow  News
Tata Technologies to list on bourses tomorrow 

autherAutocar Professional Bureau calendar29 Nov 2023

Tata Consultancy Services was the group's last IPO in 2004. 

EV transition is a marathon, Govt support needed for a decade – Balbir Dhillon, Head, Audi India News
EV transition is a marathon, Govt support needed for a decade – Balbir Dhillon, Head, Audi India

By Radhika Dave and Ketan Thakkar calendar29 Nov 2023

The head of Audi India says the commitment from the government, vehicle makers and the infrastructure have to be “sust...

Michelin to shut factories in Germany: Report News International
Michelin to shut factories in Germany: Report

autherAutocar Professional Bureau calendar29 Nov 2023

Michelin attributed the decision to "budget truck tyres from low-wage countries and rising production costs in Germany...

Need electric 2W subsidies for 2-3 more years, say new-age OEMs News
Need electric 2W subsidies for 2-3 more years, say new-age OEMs

By Kiran Murali and Amit Vijay M calendar29 Nov 2023

The introduction of the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME) scheme and...

Gogoro first foreign two-wheeler OEM and Battery Swapping provider to be recognised by SIDBI News
Gogoro first foreign two-wheeler OEM and Battery Swapping provider to be recognised by SIDBI

autherAutocar Professional Bureau calendar29 Nov 2023

SIDBI recognition makes specific Gogoro vehicles eligible for SIDBI financial programs that are focused on increasing ...

Mass market EV and ICE vehicles will come at same price in 12-18 months, says Shailesh Chandra News
Mass market EV and ICE vehicles will come at same price in 12-18 months, says Shailesh Chandra

By Ketan Thakkar and Radhika Dave calendar29 Nov 2023

In the foreseeable future, I am saying in less than 1 year, 1 and a half years, you are going to see a 200-250 km real...