AUTO
US household debt rises to $19.1 trillion in Q3, delinquencies edge higher: New York Fed
US household debt rises by $334 billion to $19.1 trillion in Q3, while troubled borrowing edges up to 5% of total debt, according to the New York Fed. Despite rising mortgage, auto and credit card delinquencies, overall credit quality remains relatively stable, with student loan defaults continuing to increase.
Watch viral Ole Miss video: What did Alaina Kunes and two other women do outside Black students' apartment?
Viral Ole Miss video: A 13-second Ring doorbell video from an Ole Miss student's apartment shows three white women walking past the door, with two allegedly making ape-like gestures and noises. The footage sparked widespread backlash and a university investigation, while 18-year-old Alaina Kunes has since been identified, apologized and withdrawn from the university. The other two women remain unidentified.
‘Unaware of their race’: Who is Alaina Kunes? Ole Miss freshman and granddaughter of Kunes Auto Group owner apologizes after viral racist video
Alaina Kunes, an 18-year-old who previously studied at the University of Mississippi, has publicly apologized for her inappropriate actions towards Black students that were recorded and shared online. She expressed regret for her behavior, acknowledging the pain it caused within the Ole Miss community. The university has launched an investigation into the incident, and Kunes has chosen to withdraw, offering her full cooperation during this process.
FIIs are back with a bang but why are stocks from only 2 sectors their favourites?
Recently, foreign institutional investors have rekindled their enthusiasm for Indian equities, with significant investments particularly in technology and telecom sectors. Since mid-October, they've pumped $8.2 billion into the market, reversing prior selling trends. However, the financial services sector continues to struggle with considerable outflows, highlighting a trend of selective investments, while sectors like financials and FMCG are still under pressure.
Honda to invest $3 billion in Ohio plant to make hybrid vehicles, create 2,000 jobs
Honda Motor will invest $3 billion to build a new hybrid vehicle plant in Ohio, creating 2,000 jobs and adding annual production capacity of 240,000 vehicles from 2029. The Japanese automaker also announced fresh investments in Canada, Ohio, Georgia and Alabama as it expands hybrid production and adjusts its electric vehicle strategy amid US tariffs.
China's trade surplus surpasses $1 trillion for a 2nd straight year, as exports surge 35%
Exports in October surged 35.2% from a year earlier, the customs agency said. Exports have grown rapidly this year, supported by high-tech goods like semiconductors and autos.
- Go To Page 1
From free internet upgrades to sneakers: The brands cashing in on GTA 6 before it even launches
Grand Theft Auto VI is set for release on November 19, 2026, and pre-loading begins on November 10. Internet providers like Spectrum and Xfinity are offering free speed upgrades to facilitate quicker downloads. Nike is reportedly collaborating with Travis Scott and Rockstar Games to launch a special sneaker collection for the game. The collection may feature three Air Force 1 Low sneakers priced at $130 each.
GTA 6 Preload: Download time, system requirements and installation guide for PlayStation 5 and Xbox Series X|S
GTA 6 Preload will begin on November 10, 2026. The file size of the game is around 212 GB. The preload time will be different for the users of PlayStation 5 and Xbox Series X|S. The preload will help players to set the game before it actually releases. The players will be able to play the game after its release on November 19.
DPIIT seeks Fillip for local mfg of 100 goods in budget
DPIIT has examined 500 heavily imported products to identify opportunities for boosting domestic manufacturing. The department plans to share its findings with the finance ministry for the FY28 budget recommendations. Commerce Minister Piyush Goyal met with Skoda Auto Volkswagen to promote electric vehicle manufacturing and increase localization. High import dependence is classified based on the percentage of domestic demand met by imports.
GTA 6 Release Date: Rockstar confirms November 19 launch, pre-loading begins November 10; check platforms and PC updates
Rockstar Games has confirmed the global release date for Grand Theft Auto 6 as November 19, 2026. Digital pre-loading for the game will begin on November 10, allowing players to download in advance. The game will be available on PlayStation 5 and Xbox Series X|S. Players need to check their storage space and complete the pre-order before the pre-load begins.
Piyush Goyal meets Skoda Auto Volkswagen India CEO; talks focus on EV push, exports
Commerce Minister Piyush Goyal met a delegation led by Škoda Auto Volkswagen India CEO Piyush Arora to discuss expanding automobile exports, strengthening domestic manufacturing, accelerating EV production and increasing localisation.
Why New Zealand gets GTA 6 before the rest of the world, and the time-zone trick players are trying
Fans of Grand Theft Auto 6 can look forward to a staggered global release starting from New Zealand. North American players can gain an edge by adjusting their Xbox settings to New Zealand time. Digital preloading kicks off on November 10 to ensure everyone is ready. Meanwhile, physical copies will hit stores on November 12, and Rockstar is actively fueling excitement with fresh game imagery.
Tenneco India explores diversifying beyond auto sector, eyes M&A
Tenneco Clean Air India is exploring acquisitions to diversify beyond the automotive sector, with potential targets in railways, aerospace and defence. CEO Arvind Chandra said the debt-free company has the cash to fund sizeable deals and is seeking businesses with strong technology, margins and an India growth opportunity.
Old Maharashtra auto driver surprises young man with his fluent English, explains learning the language helps while travelling abroad like London, Paris and America
An elderly auto-rickshaw driver from Amravati, Maharashtra, has caught social media's attention with his fluent English and advice to young people. In a resurfaced video, he explains how English helps people communicate abroad, using a London hotel as an example. Viewers have praised his confidence and speaking skills.
Buying GTA 6 in a box? Rockstar says no disc inside, just a code for a 212 GB download
GTA 6: Rockstar Games is taking a different approach to GTA 6's physical release. Boxed copies will contain a download code instead of a disc, meaning buyers must install the game digitally. With up to 212GB of storage required, the disc-free release comes as Rockstar shares nearly 40 new screenshots ahead of launch.
OP Mobility plans five new plants in India over next five years, commits ₹3,180 crore investment
French auto parts maker OP Mobility aims to open one manufacturing plant in India annually for five years. The company currently operates six plants in India, running at high utilisation with most in three shifts. OP Mobility has committed an investment of approximately 300 million to enhance its manufacturing capacity. It plans to expand its product range, including fuel tanks and exterior parts for vehicles.
US Pilot waited 11 years to draw giant GTA 6 artwork in sky for 8 hours; his sky art goes viral. Who's the man behind it?
In a stunning display of aerial artistry, pilot Benjamin McDaniel, dubbed The Pilot Picasso, spent over eight hours crafting a grand sky drawing in Arkansas, influenced by the popular video game Grand Theft Auto VI. His meticulous flight path featured iconic elements such as the game's logo, lush palm trees, and a helicopter, showcasing his skill and dedication to safety.
Auto sector sees strong Dhanteras deliveries, expects momentum to continue till Diwali
Automakers and dealerships reported strong Dhanteras deliveries following robust Navratri sales, with Maruti Suzuki expecting over 30,000 deliveries and Tata Motors targeting 12,000 units. Hyundai anticipates nearly 14% growth in festive deliveries. Dealers reported healthy demand across vehicle segments, while the pre-owned car market also witnessed a significant sales uptick.
Audi may boost size of new US auto plant by $3 billion, add 3,000 jobs
Audi's plans to construct a $4 billion assembly plant in Macon, Georgia, are underway, aiming to produce 200,000 SUVs each year. This venture is projected to generate approximately 4,500 jobs for the community. Supported by generous state incentives and a request for US tariff relief, construction could kick off in the early 2030s, paving the way for future expansions.
Indian auto dealers flag post-festive demand risks as vehicle stocks stay high
Indian auto dealers warned that high vehicle inventories and rising financing costs could hurt post-festive demand. Passenger vehicle stocks remained at 43-45 days despite record wholesale dispatches, though dealers expect strong retail sales in the coming weeks to help clear inventory, the Federation of Automobile Dealers Associations said.
US tariff relief unlikely for Indian auto parts makers despite Democrats’ Congress sweep
Indian auto component makers see little prospect of near-term relief from steep US tariffs despite Democrats gaining control of Congress. President Donald Trump can veto legislation seeking to challenge his trade policies, while overturning that veto requires a two-thirds majority in both chambers. Industry executives see progress in bilateral trade talks as key.
Mahindra rides the SUV boom, but margins feel the cost squeeze
Mahindra & Mahindra reported a 25% increase in consolidated profit driven by strong SUV sales. The company's auto business grew significantly, while the farm division faced challenges with lower tractor volumes. Despite the overall profit growth, rising commodity costs pressured operating margins in the auto sector. Additionally, Mahindra's finance and technology divisions contributed positively to the overall performance.
Auto sales growth to cool post-festive season, says Monarch; bets on Minda Corp, RK Forgings and Sundram Fasteners
Auto sales growth is expected to moderate in the second half of FY27 after strong festive demand, while tractor sales may remain weak. Monarch Networth Capital prefers diversified ancillary players Minda Corporation, RK Forgings and Sundram Fasteners, with potential upside of up to 44%.
ET Prime Special Series: Multibagger or IBC - Part 83: Under this auto ancillary’s hood, sales and profits tell different stories
Some auto suppliers spend years trying to win a major customer. This business has been associated with one for four decades. That has helped build manufacturing scale, product capabilities, and a presence near auto plants. But it also creates an unusual equation for investors. Nearly 90% of the company's FY26 revenue is from sales to one related customer. Its portfolio spans parts that can survive the EV transition and others more closely tied to ICE vehicles. The story is about how durable customer access becomes durable returns.
Time to pick the right business, hold it longer: 5 stocks from the auto ancillary space with upside potential of up to 20%
In times of uncertainty in the market, investors should look for sectors where there is some underlying transformation taking place that is bigger, and will last longer, than the impact of any war or election results. One such is the auto ancillary sector.
Karnataka risks losing auto, EV testing centres as Mandya politics stalls project
Karnataka risks losing proposed automobile and electric vehicle testing centres in Mandya due to political tensions. HD Kumaraswamy advocates for these centres, which could significantly boost the local economy. The central government’s investment could develop an auto hub similar to those in other states. However, political rivalries complicate the project's progress, and local leaders are unable to unite.
GTA 6 release date is November 19: What to know about Grand Theft Auto VI price, pre-loading, PS5, Xbox, PC, online mode and more
Grand Theft Auto VI release date and time: GTA 6 is scheduled to launch on November 19, 2026, for PS5 and Xbox Series X|S, with the Standard Edition priced at $79.99 in the US. Here’s when the game is expected to unlock, when pre-loading begins, and what Rockstar has revealed about PC, multiplayer and Netflix availability.
Delhi friends take auto to Bihar after failing to get train tickets; 1,200-km journey for Chhath Puja wins internet's respect
Unable to get train tickets for Chhath Puja, a Delhi man named Rishav Thakur has taken an auto-rickshaw to travel to Madhubani in Bihar with his companions. The group is making the unusual journey after missing the festival at home for nearly three years. His videos have attracted attention on social media.
Bajaj Auto's October sales grow 14%
Bajaj Auto reported a 14% year-on-year rise in total wholesales to 5,91,876 units in October, driven by growth in both two-wheelers and commercial vehicles. Domestic sales increased 12% to 3,51,148 units, while exports rose 18% to 2,40,728 units.
Load More
