Browsing Category
Auto and Transport Industry News
2420 posts
Maruti Suzuki India (NSE: MARUTI) faces margin test after record July sales
Maruti Suzuki hit record July sales, but Q1 profit fell 11%. The next test is whether higher capacity can restore margins without slowing demand.
Tokyo Century confirms Itochu talks for 50% Aviation Capital Group stake
Itochu's $1.9B move for 50% of Aviation Capital Group targets a top-five aircraft lessor, but Tokyo Century shares fell 4% on the deal confirmation.
BMW looked safer than its German rivals, but 8,000 job cuts reveal how quickly that advantage is disappearing
BMW will target mainly white-collar and development roles through voluntary departures as weaker China demand and falling margins force a wider business-model review.
Umicore raises 2026 profit outlook as critical metals offset EV battery weakness
Umicore EBITDA rose 34% to €577 million as recycling and cobalt profits grew, while battery earnings relied on take-or-pay contracts.
Honda’s new India CEO inherits a booming car market, but can he reverse the company’s shrinking presence?
Toshiyuki Yanagisawa will jointly lead Honda Cars India and Honda Digital Innovation India as the Japanese automaker prepares new vehicles, financing services and a deeper localisation strategy.
Can flying medical cargo beat India’s traffic? Air India, SkyDrive and Suzuki test the case
Air India, SkyDrive and Suzuki will examine whether compact electric vertical take-off and landing aircraft can move urgent medical supplies across congested Indian cities. The opportunity is credible, but certification, payload economics and ground infrastructure will determine whether the proposal becomes a commercial network.
Boeing lifts Q2 revenue to $24.6bn, backlog hits record $715bn despite core loss
Boeing lifted Q2 deliveries 14% and posted a record $715B backlog, but a wider core loss and $280M Air Force One charge keep the turnaround thesis conditional.
Porsche’s 9,000-job reset exposes the brutal cost of its China and electric vehicle miscalculations
Porsche will eliminate another 5,000 positions by 2035 under a labour agreement that protects its core German factories but demands major workforce and compensation concessions.
Elon Musk’s The Boring Company eyes $4bn raise as Vegas Loop expansion continues
The Boring Company is reportedly seeking about $4 billion at a $20 billion valuation, but investors must decide whether Vegas Loop, Nashville and Dubai can turn tunnelling ambition into scalable transport infrastructure.
Why OKI’s sonar contract could become more valuable long after Australia’s frigates launch
Oki Electric Industry’s passive sonar award strengthens the anti-submarine warfare architecture of Australia’s upgraded Mogami frigates while opening a long-duration export and sustainment opportunity for Japan’s defence supply chain.