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    SUBSIDISED CARS MARKET FLOODING

    Honda targets 20% cost cuts, faster car development in India with Tata Technologies: Report

    Honda Motor aims to decrease costs and development times by outsourcing vehicle production to Tata Technologies in India. The partnership is expected to lead to significant savings of up to 20% and shorter development timelines. Honda is currently facing financial pressures and is shifting focus toward hybrids and cost-cutting measures. The first vehicle under this collaboration is a small SUV targeted for launch in 2028.

    UK weighs tariffs on Chinese EVs amid ‘dumping’ concerns: Report

    Britain is contemplating the implementation of tariffs on Chinese electric vehicle imports in the near future. This consideration arises from concerns regarding the potential flooding of the market with state-subsidised vehicles. Business Minister Jonathan Reynolds is preparing a package of potential tariffs for Chinese vehicle imports. British officials are eager to align their strategy with the European Union to protect the national car industry.

    Half a dozen small hybrids getting ready for Indian launch

    Automakers including Maruti Suzuki, Hyundai, Toyota and Renault are preparing around half a dozen small hybrid vehicles for India over the next 18-24 months, drawn by lower 18% GST on compact cars and tighter CAFE 3 norms. The sub-four-metre segment’s strong growth is also encouraging manufacturers to pursue affordable hybrids.

    Tejashwi Yadav accuses CEC of using 'fraudulent means' to help BJP win elections

    Tejashwi Yadav has accused Chief Election Commissioner Gyanesh Kumar of manipulating the electoral process to favor the BJP, sparking outrage among citizens and resulting in protests. He slammed the Bihar government's failure to effectively manage flood responses and criticized the improper allocation of funds that hindered relief efforts. Yadav underscored the urgency in tackling serious issues like rising inflation and unemployment that plague the state.

    Owner denied insurance claim after car catches fire from a puncture on highway, insurer ordered to pay Rs 70.75 lakh

    A car owner whose vehicle caught fire after being parked on a highway following a tyre puncture was denied an insurance claim over the vehicle being left unattended. A consumer commission rejected the insurer's reasoning and ordered a full payout along with interest and compensation.

    Your car knows where you go. Insurers, lenders and automakers want to know too

    Connected cars continuously generate data regarding various attributes like location, driving patterns, and vehicle diagnostics. This data collection offers manufacturers and service providers insights to enhance their offerings. Diverse stakeholders can leverage this information, including insurers and fleet managers, to better assess risks and operational efficiencies. However, concerns about data privacy and user consent complicate the monetization landscape.

    The Economic Times
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