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NEW DELHI: French car brand Citroen on Tuesday reported that its India sales grew threefold in Q4 2025 compared to Q3, driven by its Citroën 2.0 "Shift Into The New" strategy. The strategy, formally unveiled in August 2025, outlined a long-term roadmap to deepen localisation, expand the dealer and service footprint, and elevate customer-centric product and ownership experiences across India. Citroen, a relatively smaller player in the world's third-largest car market, stated that the renewed fo ...Read More >
Bengaluru - Global companies have flagged more than US$35 billion (S$45 billion) in costs from US tariffs heading into third-quarter earnings, but many are lowering their initial forecasts as new trade deals reduce exposure to President Donald Trump's levies. Mr Trump's trade war has hiked US tariffs to their highest levels since the 1930s, and the president has regularly threatened more duties, but overall, the fog that paralysed many businesses is clearing, allowing executives to forecast cos ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
Mumbai, Sep 5 (PTI) The car makers are expected to see a pent-up demand over the next two months, and the industry may perform better than projected earlier this fiscal due to GST rate rationalisation, which will make small cars cheaper, Stellantis India business head and director for automotive brands Kumar Priyesh said on Friday. He also said that building local R&D, manufacturing, supply chain, and localised products has helped the group's Citroen brand keep its vehicle prices accessible for ...Read More >
Pune, India | 17th July 2025 - Jeep® India today announced the launch of the Trail Editions of its iconic SUVs -- the Jeep Compass and Jeep Meridian. These special editions blend Jeep's legendary off-road spirit with bold styling enhancements and exclusive ownership benefits under a new program, 'Jeep Trust'. The special edition will go on sale starting 15 July 2025. Jeep Compass Trail Edition stands out with distinctive Trail Edition hood and side body decals, matte black grille accents, and N ...Read More >
NEW DELHI: Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, company and government sources told Reuters. China, which produces around 90% of the world's rare earth magnets, put restrictions in April on their export, and while it has restarted some supplies to the United States and Europe, Indian companies are still awaiting clearan ...Read More >
NEW DELHI, July 10 (Reuters) - Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, company and government sources told Reuters. China, which produces around 90% of the world's rare earth magnets, put restrictions in April on their export, and while it has restarted some supplies to the United States and Europe, Indian companies are st ...Read More >
In an interaction with PTI here, Stellantis India CEO and MD Shailesh Hazela said that any investor who comes to India would like to see a little longer horizon in terms of policies. "So our wishlist for the government is that whatever they decide to put across, it should be for a longer period," Hazela stated when asked about government actions which could propel growth of Indian auto industry. It would be great if there could be uniformity in policies across the country in terms of EVs (elec ...Read More >
New Delhi, Dec 17 (PTI) Automaker Stellantis India on Tuesday said it will increase prices of Jeep and Citroen models by up to 2 per cent from January. The price increase is aimed at offsetting the impact of rising input costs and ensuring sustainable operations in line with the industry, the company said in a statement. "While the price revision is necessitated by increasing input costs and exchange rates, we stand steadfast in our commitment to continue to be focused on providing value, high ...Read More >
The European share index dropped as investors reacted to France's political unrest and the abrupt resignation of Stellantis' CEO. The STOXX 600 fell 0.1%, while the CAC 40 underperformed. France's borrowing costs increased, and sectors like automobiles and tech faced challenges, although some companies saw gains. Europe's primary share index experienced a decline on Monday as investors offloaded French stocks amidst growing political uncertainty in the country. The resignation of Stellantis' CE ...Read More >
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