AUTOMOTIVE
ET WLF 2026: AI driving shift in value creation
Artificial intelligence is making software development faster and cheaper. Value creation is expected to shift towards computing infrastructure and physical systems. India could benefit from this trend due to attractive power and data-center costs. Venture capital firms are becoming marginal investors in the AI investment cycle. Corporate balance sheets will increasingly fund AI companies alongside traditional investors.
TVS Motor names global biz head Peyman Kargar as next chief executive
Kargar will take over as director and CEO from K N Radhakrishnan on January 27, 2027, TVS Motor said on Friday. Radhakrishnan will continue as CEO until then and subsequently serve as a non-executive director till the company's annual general meeting scheduled for July 2027. The leadership change comes after TVS Motor sold 5.9 million vehicles globally in FY26 and reported 30% revenue growth.
From Nike to Starbucks, some American brands are losing aura in China
Global companies once relied on China for consistent growth and expansion. Economic challenges and strong local competitors now impact foreign brands significantly. Brands like Nike and Starbucks are losing market share to domestic rivals. However, some companies succeed by adapting to local tastes and preferences. Success in China now depends on understanding the market rather than global prestige.
Ola Electric gets Rs 95.81 crore PLI incentive for second straight year
Ola Electric secured Rs 95.81 crore under the PLI-Auto Scheme for FY 2026-27. This incentive follows a previous sanction of Rs 366.78 crore for FY 2024-25. The company's manufacturing capabilities and commitment to EV technology are recognized. This reinforces Ola Electric's role in India's advanced automotive manufacturing ecosystem. The scheme aims to strengthen domestic manufacturing and encourage advanced automotive technologies.
TVS Motor names insider Peyman Kargar as CEO, replacing Radhakrishnan
Peyman Kargar will become TVS Motor's new Chief Executive Officer in 2027. He brings over three decades of global automotive industry experience to the role. Kargar previously led Nissan's luxury brand Infiniti and Datsun operations. He has also held senior positions at Renault Group across several regions. Kargar's appointment aims to accelerate growth through innovation and market expansion.
Toyota sales, production fall on sharp declines in China, Middle East
Toyota's global vehicle sales and production experienced a decline in July. Sales fell by 4.8 percent, while production dropped by 2.1 percent. A significant 24.3 percent plunge in China dragged overall sales down. Sales in the United States also slipped, which offset a rise in Japan. Production was pulled down by sharp drops in China and the United States.
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These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analysts
Even if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex remain volatile for quite some time. In fact, the chances are that the volatility quotient of the market will remain high for several months after. That does not, however, mean that you should not think of buying stocks. You can, but be aware of the big picture.
Semiconductor GCCs set to add 10,000 jobs in India
About 80% of the expected headcount growth will come from existing GCCs and 20% from new centres, said Pareekh Jain, chief executive of EIIRTrend, a market research firm. The expansion highlights a wider divergence across India’s engineering GCC market.
In 2000, Purdue University researchers tested a sensing chair on 30 people, achieving 96% posture accuracy. Years later, the project still stands as an early example of pressure-sensing technology envisioned for smarter furniture and cars
In 2000, Purdue University researchers developed a modified office chair that used pressure sensors and computer software to identify how people were sitting. Tested on 30 people, the system achieved 96 percent overall accuracy and was especially effective at recognizing slouching, reaching 99.8 percent accuracy for that posture.The chair created detailed pressure maps from information collected by sensing elements called “sensels,” allowing software to distinguish different seating positions.
German auto parts maker Mahle said to revisit IPO for India unit
German auto parts maker Mahle GmbH is revisiting plans to list its Indian business in Mumbai, according to people familiar with the matter. The potential IPO could raise around $300 million to $400 million, with the company expected to appoint advisers and begin preparations soon. Mahle had previously considered an India listing in 2024 but did not proceed.
Gabriel India teams up with South Korea’s HL Klemove for autonomous driving
Gabriel India has formed a strategic joint venture with South Korea's HL Klemove. This partnership aims to expand Gabriel India's presence in high-growth automotive segments. The collaboration will focus on autonomous driving solutions and advanced driver assistance systems. Gabriel India will acquire a 30 percent stake in HL Klemove India for US$98.44 million. This venture will develop and sell advanced mobility and automotive electronic products.
Automakers thought Canada was getting a trade deal. Then tariffs doubled
Automakers face doubled U.S. tariffs on Canadian vehicles and parts starting January 1. This move significantly increases costs for major manufacturers like Ford and General Motors. The planned 50% levy on Canadian imports rivals existing tariffs on Chinese vehicles. Industry executives express concern over this uneven playing field and supply chain disruption. However, some hope a resolution will be reached before the deadline.
The smartphone king Apple killed is back, but not in your pocket
BlackBerry has completed a remarkable corporate turnaround after its smartphone business collapsed. The company now thrives by providing secure software for cars and industrial systems. Its QNX platform is embedded in millions of vehicles worldwide, ensuring critical functions. Robotics and physical AI represent the latest growth areas for BlackBerry's embedded software. Analysts are now paying attention to BlackBerry as a vital infrastructure software provider.
Auto ancillary sector: Time for another re-rating? 5 stocks from the auto ancillary space with upside potential of up to 30%
Auto ancillaries are in a very different situation from three years ago. At that time, it was all about who will be able to make the transition to the EV era. Today we can see which ones have done so. The uncertainty that hung over the whole sector, the question of who would survive the shift to electric, has largely been answered. The question has now shifted to another aspect: Which ones will be able to diversify?
Gabriel India, South Korea’s HL Klemove form JV for autonomous driving
Gabriel India Limited has formed a joint venture with South Korea's HL Klemove. This partnership will focus on manufacturing and selling autonomous driving solutions within India. The collaboration aims to develop advanced mobility products including radar and cameras. Gabriel India will acquire a significant stake in HL Klemove India for this venture. This strategic move expands Gabriel India's presence in high-growth automotive segments.
Gabriel India forms JV with South Korea's HL Klemove for autonomous driving technology
Gabriel India has formed a joint venture with South Korea's HL Klemove. This partnership aims to expand presence in autonomous driving solutions and electronics. Gabriel India will acquire a thirty percent less one share stake. The company is investing approximately nine hundred thirty-five crore rupees in this venture. This move diversifies Gabriel India's portfolio into future mobility segments.
China's Geely used 800 engineers and AI to create a modular EV manufacturing system; Ford is now applying it in Spain, aiming to slash development time and costs by half without building the system itself
For decades, Western automakers entered Chinese joint ventures primarily to secure access to local buyers. That dynamic has quietly inverted at Ford's manufacturing site in Valencia, Spain, where the American brand is adopting a modular manufacturing architecture engineered by Geely. Rather than spending billions of dollars and nearly four years building a proprietary electric platform from scratch, Ford is integrating an existing Chinese engineering blueprint.
Lake Ontario could become ‘Lake America’: Why Trump is considering the name change
Donald Trump is considering renaming Lake Ontario to Lake America amid trade tensions. This symbolic move escalates the ongoing economic dispute between the United States and Canada. Trade negotiations have collapsed, leading to new tariffs on billions of dollars worth of goods. The automotive and steel industries are particularly affected by these escalating trade actions. This dispute now involves national identity and geographical landmark naming conventions.
For investors who can hold stocks for 1 to 2 years: 6 mid-cap stocks from different sectors with an upside potential up to 21%
The markets have been uncomfortable for some months now, with troubles originating largely from outside the country. Higher crude prices because of the Gulf conflict (which is always bad news for India); then a weak rupee; topped by FII selling. It is a phase that investors who entered the market post-Covid had never seen; it is certainly nothing like the 2020 to 2024 boom years. For all those feeling like this, go back in time and check what happened between 2009 and 2013. The situation was far worse than today. But things changed. As they will again. What has not changed are the ways to invest right.
This 84-year-old Honda engineer looks like Einstein and has 50+ patents: Meet Shotaro Odate behind smart steering-wheel tech
Shotaro Odate, a Honda engineer whose distinctive Einstein-like appearance has drawn attention online, is associated with more than 50 patents covering automotive technologies. His work includes steering-wheel grip detection, driver monitoring, automated-driving systems, proximity sensors and advanced seatbelt technology.
Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edge
Porsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal supports digital transformation, but weaker quarterly revenue, China competition, tariffs, EV costs and Volkswagen restructuring concerns continue to weigh on investor sentiment and Porsche’s turnaround prospects.
Government tightens ethanol blend rules for OMCs
The government is contemplating the enforcement of mandatory chloride contamination limits for E20 petrol. Automakers have expressed worries over fuel quality and its potential effects on vehicle components. Presently, the chloride contamination thresholds are merely part of voluntary standards for ethanol-blended petrol. The Bureau of Indian Standards is striving to implement these requirements as mandatory. This initiative aims to elevate the quality standards of automotive fuels across the country.
India to amend rules within two months to ease semiconductor, auto component manufacturing: Piyush Goyal
India will amend regulations and introduce new rules within two months for manufacturers. The minister assured companies that their concerns were resolved during recent discussions. The government has simplified the Bureau of Indian Standards framework and approval processes. India aims to seed $50 billion in semiconductor and associated industries soon. This initiative is part of a long-term journey for India's manufacturing ecosystem.
TCS to acquire Porsche IT unit MHP for €320 million
Tata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition is part of a wider strategic partnership that includes a five-year, €1.25 billion deal to deploy artificial intelligence across Porsche's engineering, manufacturing, operations and customer experience businesses.
TCS secures €1.25 billion five-year strategic deal with Porsche
Tata Consultancy Services has secured a significant five-year deal worth €1.25 billion. This strategic agreement follows TCS' acquisition of MHP Management- und IT-Beratung GmbH. Porsche will partner with MHP and TCS to industrialize artificial intelligence across its operations. The partnership will also focus on delivering next-generation automotive technology services. This engagement anchors a long-term technology partnership between the three entities.
Piyush Goyal leads India's largest business delegation to Japan for trade and investment talks
Union Minister Piyush Goyal will visit Japan from August 24 to 27. He leads India's largest business delegation to the country for discussions. Meetings will focus on semiconductors, artificial intelligence, and start-ups. The minister will also promote investment and meet business leaders in Nagoya's auto and steel industries. Osaka will host roadshows showcasing manufacturing and clean energy opportunities.
Commerce Minister Piyush Goyal leads 200-member business delegation to Japan, to push trade, investment
Commerce and Industry Minister Piyush Goyal will lead a 200-member business delegation to Japan from August 24-27 to boost bilateral trade and investment, with a focus on high-tech manufacturing, semiconductors, AI, clean energy and other emerging sectors.
Mahindra bets on 'Scorpio Lifestyler' to drive global export push
Mahindra & Mahindra plans to expand its export operations with a new pickup truck. This vehicle will target markets in South Africa, Australia, and Latin America. The Lifestyler pickup will also be introduced to the Indian market in 2027. Company officials expressed confidence in maintaining electric vehicle sales growth. Mahindra's automotive sector saw an 18.2 percent export volume increase last fiscal.
Vedanta Aluminium shares rise 2% as firm expands automotive portfolio with two advanced alloys. What’s ahead?
Vedanta Aluminium Metal shares gained more than 2% after the company launched two advanced offerings under its Primary Foundry Alloy range for high-performance automotive applications. The new products, unveiled at AutoEdge 2026, come as the company expands its value-added aluminium portfolio and targets growing demand from the automotive sector.
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