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Good Wine: a wine blog
NITI Aayog lays out roadmap to boost auto component manufacturing in India
It also called for promoting joint ventures (JVs), foreign collaborations, and free trade agreements (FTAs) to expand global market access. NITI Aayog has called for fiscal incentives to boost manufacturing of auto components and development of brownfield large-scale auto clusters for enabling India to become part of the global value chain. The move is aimed…
Madhur Bajaj, former vice-chairman of Bajaj Auto, dies at 73
Madhur Bajaj, Bajaj Auto Madhur Bajaj, former vice-chairman of Bajaj Auto, passed away on Friday at the age of 73. He played an integral role in the development of Bajaj Auto and was a driving force in India’s motorised two- and three-wheeler sectors. ETAuto had earlier reported that Madhur Bajaj stepped down from his position…
Luxury cars go full throttle into stagnation street
Mercedes-Benz, which saw its sales advance 4per cent to a record 18,928 cars in FY25, expects the industry to report flat to negative sales in the new fiscal year. Luxury car sales in India grew at the slowest pace in at least three years in the just-ended fiscal as economic uncertainties and stock market volatility…
Mercedes-Benz India sales up 4% in FY25; expect RBI rate cut to spur demand, says CEO
Santosh Iyer, MD & CEO, Mercedes Benz India German luxury carmaker Mercedes-Benz on Thursday reported a 4.44 per cent growth in its sales to 18,928 units in India in 2024-25, with one out of every four cars sold priced above ₹1.5 crore. However, in January-March this year, Mercedes-Benz India‘s sales declined by 11.8 per cent…
Sneha Oberoi elevated to executive officer- Administration at Suzuki
Sneha Oberoi, executive officer- Administration at Suzuki New Delhi: Sneha Oberoi, a seasoned veteran in the automotive industry, has been promoted to the role of executive officer – Administration at Suzuki. She shared the news on her LinkedIn profile, expressing gratitude and enthusiasm for the new responsibility. Oberoi has been associated with Suzuki Motorcycle India…
As Trump takes a break, India can focus on new trade dynamics
In a perverse way, countries need to thank China because it was its aggressive retaliation which caused Trump to see red and come out all guns blazing. Mumbai: Donald Trump’s initial tariff blitzkrieg of April 2 has now narrowed down to a slugfest between the US and China which could have serious implications for the…
Maruti Suzuki consolidates Arena-Nexa zonal roles, creates CCO position
With this move, the company has consolidated its Arena and Nexa retail channel heads at the zonal level, which previously had separate zonal heads, said people aware of the matter. New Delhi: India’s largest carmaker by volumes, Maruti Suzuki India Limited (MSIL), has undergone an internal reshuffle, effective April 1, 2025. ETAuto has learned that…
RBI repo rate cut: What it means for auto sector?
A reduction in the repo rate allows banks to borrow more cheaply, often leading to lower interest rates on loans for consumers and businesses. New Delhi: The Reserve Bank of India (RBI) on Wednesday cut its key repo rate for the second consecutive time, following a similar reduction in February 2025 — the first in…
EV maker Ather is said to consider smaller IPO amid market chaos
Ather may also consider a small reduction in the IPO valuation it’s planning to seek, one of the people said. Ather Energy Pvt is considering cutting the size of its initial public offering by at least $50 million from an earlier target of about $400 million, people familiar with the matter said. The potential smaller…
European stocks plunge 3% as Trump's reciprocal tariffs take effect
European stocks traded lower on Wednesday, with markets struggling to maintain the positive momentum of the previous session as the U.S.’ country-specific tariffs started taking effect. The pan-European Stoxx 600 index was 3.3% lower at 11:12 a.m. in London, with all sectors and major bourses firmly in negative territory. Regional healthcare, mining and oil and…

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