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Volkswagen unions draw a hard line on Germany plant closures citing 2024 deal

Volkswagen unions draw a hard line on Germany plant closures citing 2024 deal

Volkswagen labor leaders in Germany have pledged they will not allow any factory closures, even as the automaker seeks to cut excess capacity. In a Reuters statement, works council head Daniela Cavallo and union leaders from IG Metall and regional unions anchored their stance in a 2024 restructuring agreement, calling its “red lines” non-negotiable. While they welcome proposals to secure under-used sites—possibly through plant-sharing or defense and Chinese partnerships—they warn they will fight anything that undermines job security and career prospects.

Summarised by Beize from a story on The Economic Times on 15 May 2026
US lawmakers move to harden Chinese car ban before Trump China trip over data risks

US lawmakers move to harden Chinese car ban before Trump China trip over data risks

Two U.S. House lawmakers will introduce legislation to toughen the current ban on Chinese automakers entering the American passenger-vehicle market, timed just before President Donald Trump travels to China. The bill would codify a Biden-era regulation that, in effect, blocks all Chinese automakers and adds steps to keep China out of the U.S. light-duty market. It focuses on vehicles designed in China with advanced connectivity and software, citing national security and data-privacy risks around sensitive owner data.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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India EU FTA could touch 2 billion people while covering a third of world trade Commerce Ministry says

India EU FTA could touch 2 billion people while covering a third of world trade Commerce Ministry says

India’s Commerce Ministry says the India-EU Free Trade Agreement will cover nearly one-third of global trade and potentially affect about 2 billion people, calling it one of the biggest deals ever. Officials describe it as “mother of all deals,” reaching almost one fourth of global GDP and around $11 trillion in trade. The pact goes beyond tariffs, including services, digital trade, telecom, financial services, IP and regulatory practices. Businesses also flagged automotive tariff reductions and asked for clear rollout timelines.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Slovakia and India reshape ties as EU deal could turbocharge luxury car exports

Slovakia and India reshape ties as EU deal could turbocharge luxury car exports

Slovakia and India are upgrading diplomatic and economic cooperation as they mark 33 years of relations with high-level exchanges. With an EU-India trade deal on the horizon, Slovakia expects stronger demand for its exports, especially luxury cars, while easier market access could further support the movement of Indian professionals already comprising the country’s second-largest workforce.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Maruti Suzuki picks six startups to co-create tech that could speed product and safety upgrades

Maruti Suzuki picks six startups to co-create tech that could speed product and safety upgrades

Maruti Suzuki India has selected six startups for its accelerator program to build new technology-driven business solutions for automotive operations. The partnership targets smarter plant safety and higher efficiency, with an expectation that product development cycles will shrink. It also aims to strengthen material traceability and improve customer engagement, helping the company modernize operations and prepare for what’s next.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Tata Technologies bets on new product cycles and lands a major vehicle development contract

Tata Technologies bets on new product cycles and lands a major vehicle development contract

Tata Technologies says customers are committing to fresh product cycles, helping strengthen loyalty and accelerating demand. The company is ramping up investments in automotive and industrial segments after securing a key vehicle development contract. It expects double-digit revenue growth this fiscal year, signaling stronger execution and tighter alignment with customer timelines across new launches.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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Thyssenkrupp slashes 2026 sales forecast as steel and auto demand weakens across Europe

Thyssenkrupp slashes 2026 sales forecast as steel and auto demand weakens across Europe

German conglomerate Thyssenkrupp has cut its 2026 sales forecast, warning that weakening demand in both steel and automotive will likely drag revenue down by as much as 3%. The company points to broader economic slowdowns across Europe and is in the middle of restructuring its operations, signaling tougher times for industrial demand going forward.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Toyota to Build 20000 Crore SUV Plant in Maharashtra with 100000 Annual Capacity Starts in 2029

Toyota to Build 20000 Crore SUV Plant in Maharashtra with 100000 Annual Capacity Starts in 2029

Toyota plans a ₹20,000 crore greenfield SUV plant at Bidkin Industrial Area in Maharashtra, targeting 100,000 vehicles annually. Production is set to begin in the first half of 2029, with about 2,800 direct jobs and a boost to Toyota’s total India capacity to nearly 450,000 units. The reported $2.1 billion figure comes from a state estimate, not Toyota.

Summarised by Beize from a story on IndianWeb2 on 11 May 2026
Toyota to build a new 100000 vehicles a year factory in Maharashtra starting 2029

Toyota to build a new 100000 vehicles a year factory in Maharashtra starting 2029

Toyota has announced plans for a new car factory in Maharashtra that can roll out 100,000 vehicles a year. Production is expected to begin in the first half of 2029 at the Bidkin Industrial Area, with the plant set to produce a new SUV model. The project is estimated to generate about 2,800 jobs.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Royal Enfield becomes the worlds third strongest auto brand beating Audi Ferrari

Royal Enfield becomes the worlds third strongest auto brand beating Audi Ferrari

Royal Enfield has been ranked the world’s third strongest automotive brand, ahead of Audi and Ferrari, in the Brand Finance Automotive Industry 2026 report. The company scored 88.9 for brand strength with an AAA rating, while its brand value rose 30% to $1.2 billion, fueled by global expansion and demand for retro-style motorcycles.

Summarised by Beize from a story on The Economic Times on 9 May 2026

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KPIT founder S B Ravi Pandit dies at 1990 built auto tech giant

KPIT founder S B Ravi Pandit dies at 1990 built auto tech giant

KPIT Technologies founder and chairman S B Ravi Pandit died on May 8, 2026. He launched KPIT in 1990 and later steered it to become a global player in automotive software, electrification, and mobility solutions. Under his leadership, KPIT worked with major automakers to develop advanced technologies shaping the transition to EVs and connected vehicles.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Nissan to cut 900 jobs across Europe while keeping Sunderland production running

Nissan to cut 900 jobs across Europe while keeping Sunderland production running

Nissan is restructuring its European operations by eliminating 900 jobs and consolidating production into its Sunderland, UK plant. The automaker will merge two assembly lines into one while making most changes across Europe rather than cutting production jobs at Sunderland. The move supports Nissan’s RE:Nissan recovery strategy aimed at reducing surplus capacity, boosting flexibility, and responding faster to demand shifts amid mounting EV and cost pressures.

Summarised by Beize from a story on Startup Talky on 8 May 2026
India’s tiny fastener rules are choking factories and threatening Make in India momentum

India’s tiny fastener rules are choking factories and threatening Make in India momentum

A new analysis warns that tight regulations on fasteners are creating disproportionate manufacturing headaches for India’s makers. The result: higher costs, tighter supply, and downstream disruptions in automotive and construction—industries that rely on “small but critical” components. The report argues for a simpler, risk-based compliance approach for safety-critical fasteners to protect Make in India goals.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Maruti Nexa turns 10 as Nexa 2 0 looms — brand or just a showroom upgrade

Maruti Nexa turns 10 as Nexa 2 0 looms — brand or just a showroom upgrade

A decade after Nexa’s launch, Maruti Suzuki is gearing up for Nexa 2.0 to pull in aspirational younger buyers. But Nexa’s premium positioning is being stress tested by capacity constraints and heavy dependence on a handful of models. The big question: has Nexa built a durable brand identity—or merely upgraded the showroom experience while scaling stays tight.

Summarised by Beize from a story on The Economic Times on 6 May 2026

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Porsche India names Ashutosh Dixit Brand Director replacing Manolito Vujicic immediately

Porsche India names Ashutosh Dixit Brand Director replacing Manolito Vujicic immediately

Porsche India, part of Škoda Auto Volkswagen India Private Limited, has appointed Ashutosh Dixit as Brand Director with immediate effect. The role follows Manolito Vujicic’s exit from the Group. Dixit brings 28 years in the automotive industry and nearly 20 years with the Volkswagen Group, including key work in Porsche’s Middle East and Africa market development for India.

Summarised by Beize from a story on Startup Talky on 6 May 2026
Hyundai Launches Pleos Connect AI Infotainment Aims to Update 20 Million Cars by 2030

Hyundai Launches Pleos Connect AI Infotainment Aims to Update 20 Million Cars by 2030

Hyundai Motor Group has unveiled Pleos Connect, an AI-powered infotainment platform built around intuitive design, safety-first physical controls, and continuous OTA upgrades. Rolling out first on the 2026 GRANDEUR in Korea and IONIQ 3 in Europe, Hyundai plans to equip 20 million Hyundai, Kia, and Genesis vehicles with the system by 2030, featuring the Gleo AI assistant and an app market.

Summarised by Beize from a story on IndianWeb2 on 6 May 2026
Mahindra AI plan targets Rs 4100 crore revenue by FY27

Mahindra AI plan targets Rs 4100 crore revenue by FY27

Mahindra Group is rolling out AI across its business to lift profits and reshape operations. The automaker expects AI to generate over Rs 4,100 crore revenue in its automotive segment by FY27, alongside a 2–3 percentage point boost in customer satisfaction. Mahindra Finance plans to disburse Rs 10,000 crore using AI-driven customer acquisition, with AI also assisting loan collections.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Nissan to cut 10% Europe jobs as 900 roles face risk amid factory reshuffle

Nissan to cut 10% Europe jobs as 900 roles face risk amid factory reshuffle

Nissan plans to cut about 10% of jobs in Europe, putting roughly 900 roles at risk, as part of a wider global restructuring aimed at cutting costs and improving performance. In the UK, the automaker is changing how its Sunderland factory operates and is in talks with other companies to make use of additional space, signaling a push to stay resilient in a tough car market.

Summarised by Beize from a story on The Economic Times on 5 May 2026

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CII presses PMO to fix EV PLI scheme gaps as startups flag crippling eligibility barriers

CII presses PMO to fix EV PLI scheme gaps as startups flag crippling eligibility barriers

The Confederation of Indian Industry has urged the PMO to overhaul India’s EV auto PLI scheme after EV startups complained that current eligibility and selection rules create a cost disadvantage. CII, via six startup CEOs, wants a new application window and relaxed criteria, shifting focus toward R&D intensity, IP generation, and domestic value-add. A parliamentary panel report also cites low fund disbursal and high investment hurdles.

Summarised by Beize from a story on Startup Talky on 4 May 2026
Trump auto tariff hike could trigger Germany 18 billion output hit economists warn now

Trump auto tariff hike could trigger Germany 18 billion output hit economists warn now

Germany’s economy could take a major hit if Donald Trump follows through on higher US tariffs on European cars and trucks. The Kiel Institute estimates the auto sector may lose about 15 billion euros in output, underscoring how exposed German manufacturers are to US trade swings. Analysts also note Trump has previously backed away from tariff threats.

Summarised by Beize from a story on The Economic Times on 2 May 2026
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