India says quashing Volkswagen’s $1.4 billion tax bill would be ‘catastrophic’

India’s government has told a court in Mumbai that agreeing to Volkswagen’s demand to quash a $1.4 billion tax bill would have “catastrophic consequences” and encourage companies to withhold information and delay inquiries, court documents show. India’s highest-ever demand for back taxes related to import duties came after scrutiny of 12 years of Volkswagen shipments … Read more

Major carmakers, including Honda and Maruti, to hike prices again from April 2025

1 / 9 Several major car manufacturers, including Honda, Maruti Suzuki, Renault, Tata Motors, and Hyundai, have announced price increases for their vehicle line-ups starting in April 2025. For most of these manufacturers, this marks the second price rise this year. The decision has been attributed to rising operational expenses and soaring input costs. 2 … Read more

MHI directs ARAI to probe Ola Electric over sales and registration data mismatch

Homegrown electric vehicle manufacturer Ola Electric is under regulatory scrutiny across the country. The Ministry of Heavy Industries has directed the Automotive Research Association of India (ARAI) to investigate discrepancies between the company’s reported sales figures and the number of vehicles officially registered, sources told CNBC-TV18. Ola Electric claims to have sold 25,000 vehicles in … Read more

Bajaj Auto key to Endurance Tech’s sales recovery, says CFO

Maharashtra-based auto component manufacturer Endurance Technologies expects its volumes to recover, particularly from key client Bajaj Auto, despite recent drops in two-wheeler sales. The company’s Chief Financial Officer PS Raja Gopal Sastry said that he expects the volumes to be up again despite the decline. Gopal Sastry believes that “it takes very little for the sentiment, … Read more

Exponent Energy announces India’s first ’15-minute’ charging solution for electric buses

Exponent Energy has announced the launch of India’s first 1-megawatt (MW) rapid charging system for electric buses, enabling a full charge in just 15 minutes. The Bengaluru-based company also revealed plans to introduce 1.5MW charging technology later this year, further advancing India’s EV ecosystem. If you have 15 mins to spare, here’s the full … Read more

Amazon’s robotaxi unit Zoox recalls 258 vehicles over unexpected braking issue

Amazon.com’s self-driving unit, Zoox, has recalled 258 vehicles due to issues with its automated driving system (ADS) that could cause unexpected hard braking, the company said on Wednesday. The recall affects vehicles equipped with ADS software versions released before November 5, according to a report Zoox filed with the National Highway Traffic Safety Administration last … Read more