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Business News - Read Latest Financial news, Stock/Share Market News, Economy News, Business News on The Economic Times. Find IPO Analysis, Mutual Funds Trends & Analysis, Gold Rate, Real Estate & more.
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Automakers widen powertrain bets as petrol dominance weakens
2+ week, 1+ day ago (259+ words) The Economic Times Mumbai: MG just launched an SUV with both plug-in hybrid (PHEV) and electric powertrains, while Skoda is bringing the diesel Superb back to India Hyundai is expanding its CNG portfolio while preparing new EVs, and Maruti Suzuki…...
More cars, thinner margins: Why rising sales aren’t boosting automakers’ profits
2+ week, 6+ day ago (354+ words) Indian car makers see strong sales volumes, but profits are declining. Rising commodity prices and currency shifts are impacting manufacturer margins. Maruti Suzuki's profits fell despite record sales, showing margin erosion. Tata Motors and Hyundai also reported lower profits due…...
Tesla, eight other automakers recall record 4.3 million vehicles in China
3+ week, 2+ day ago (708+ words) The Economic Times...