Summary
SAN FRANCISCO, (Reuters) – Motorists have traded in a record number of Tesla electric vehicles this month, Edmunds data showed, amid a wave of protests against CEO Elon Musk’s work as an adviser to U.S. President Donald Trump. Continue reading “Exclusive: Tesla trade-ins on pace for record high amid Musk backlash”
Summary
WASHINGTON, (Reuters) – The head of the U.S. Secret Service met with General Motors executives this week in Michigan to discuss next-generation armored SUVs as the automaker works on the upcoming version of the presidential limousine, the agency said Friday. Continue reading “US Secret Service meets with GM execs on next-generation armored SUVs”
Source : PTI | The government on Thursday said 12.55 lakh refunds were made in 2024 for faulty toll collections on National Highways. In a written reply to the Lok Sabha, Union Road Transport and Highways Minister Nitin Gadkari said penalties of more than Rs 2 crore have been levied so far on the user fee collecting agencies for incorrect user fee deduction cases.
“National Payment Corporation of India (NPCI), which provides the Central Clearing House (CCH) services of National Electronic Toll Collection (NETC) Programme, has reported 12.55 lakh transactions where refunds were made due to incorrect user fee (toll) deductions in the year 2024 out of a total of 410 crore FASTag transactions in the same year which represents 0.03 per cent of all FASTag transactions,” Gadkari said. Continue reading “Govt says 12.55 lakh refunds made for faulty toll collection on NH in 2024”
Source : PTI | The Heavy Industries Ministry has directed Automotive Research Association of India (ARAI) to probe the mismatch between Ola Electric’s reported sales figures and actual vehicle registrations along with numerous consumer complaints against the Bhavish Aggarwal-owned electric two-wheeler maker and submit a report within 15 days, sources said. While the total number of registrations by Ola Electric on the Vahan portal for February stood at 8,652, the company had reported sales of over 25,000 units during February 2025. As of March 20, the company’s registrations stood at 11,781 on the Vahan portal.
Ola Electric is a beneficiary of the FAME II and PM E-DRIVE schemes and its eligibility certificate has been provided by ARAI, a certification and testing agency under the administrative control of the ministry. Continue reading “Govt asks ARAI to probe Ola Electric’s sales figure mismatch, consumer complaints”
Source : PTI | Adani Energy Solutions Ltd (AESL) on Friday said it has bagged a Rs 2,800 crore power transmission project in Gujarat. The project will supply green electrons for manufacturing of Green Hydrogen and Green Ammonia at Mundra in Gujarat, AESL said in an exchange filing.
For the company, this is its sixth order win this fiscal year, taking its order book to Rs 57,561 crore, the company said. Continue reading “Adani Energy Solutions bags Rs 2,800 cr power transmission project in Gujarat”
Source : PTI | India crossed a record milestone of 1 billion tonnes of coal production in the current fiscal, a landmark, which Prime Minister Narendra Modi described as a proud moment for the country, showing its commitment to energy security and self-reliance. Coal, which is predominately used to produce electricity as well as fuel in several industries, is the mainstay energy source for the world’s fifth largest economy.
India produced 997.83 million tonnes of coal in 2023-24 (April 2023 to March 2024). Continue reading “India crosses 1 billion tonnes coal output; PM Modi says proud moment for country”
Source : PTI | Electric scooter maker River aims to open 12 more stores by the end of this month, bringing its total presence to 25 stores across India, the company said on Friday.
The Bengaluru-headquartered company, expanding its footprint, inaugurated the River Store Sathuvachari in Vellore, a 1,900 sq ft facility, in partnership with Mahalakshmi Motors. Continue reading “Electric scooter maker River eyes 25 store milestone by March end”
Source : PTI | Cracking down on irregularities in toll collection, state-owned NHAI has barred 14 toll collection agencies for irregular activities, following a probe after Uttar Pradesh STF unearthed a fraud, according to an official statement. NHAI has served show-cause notices to defaulting agencies.
Based on the FIR, 13 user fee-collecting agencies have also been debarred for a period of two years. Continue reading “NHAI bars 14 toll collection agencies for irregular activities”
Source : PTI | Tamil Nadu has emerged as a key beneficiary under the Production-Linked Incentive (PLI) scheme, receiving a significant share of projects in the electronics and automobile sectors, Union Finance Minister Nirmala Sitharaman said. Addressing an event organised by Chennai Citizens’ forum on Saturday evening, Sitharaman dismissed charges of the state government that the Centre has neglected Tamil Nadu in terms of funding. She said major ‘big ticket’ projects have been announced and are progressing at various stages of implementation across the State.
“Tamil Nadu has been the largest beneficiary under the PLI- scheme in electronics, electronic parts and automobiles. Out of the 27 companies that have received approval from the Centre, 7 are based out of Tamil Nadu,” the Union Minister of Finance and Corporate Affairs noted. Continue reading “Tamil Nadu gets major chunk of projects under PLI scheme in electronics, automobile: FM Nirmala Sitharaman”
Source : PTI | The Heavy Industries Ministry has directed Automotive Research Association of India (ARAI) to probe the mismatch between Ola Electric’s reported sales figures and actual vehicle registrations along with numerous consumer complaints against the Bhavish Aggarwal-owned electric two-wheeler maker and submit a report within 15 days, sources said. While the total number of registrations by Ola Electric on the Vahan portal for February stood at 8,652, the company had reported sales of over 25,000 units during February 2025. As of March 20, the company’s registrations stood at 11,781 on the Vahan portal. Continue reading “Govt asks ARAI to probe Ola Electric’s sales figure mismatch, consumer complaints”
Summary
WASHINGTON, (Reuters) – U.S. Attorney General Pamela Bondi said on Thursday three people have been charged in connection with arson incidents at Tesla car dealerships and charging stations. The Justice Department said the individuals each face between five and 20 years in prison if convicted. Continue reading “Three charged in arson attacks at Tesla dealerships, charging stations”
Summary
SEOUL, (Reuters) – Hyundai Motor and General Motors are close to finalizing a deal for Hyundai to share two electric commercial van models with the U.S. auto giant, according to a source familiar with the talks and Hyundai documents reviewed by Reuters. Continue reading “Exclusive: GM, Hyundai in talks to share pickups and electric vans in North America, sources say”
WASHINGTON, (Reuters) – U.S. Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipeline and mining road in Alaska, carrying out President Donald Trump’s executive order to remove barriers to energy development in the state.
Burgum said the agency plans to reopen the 82% of Alaska’s National Petroleum Reserve that is available for leasing for development and reopen the 1.56-million-acre Coastal Plain of the Arctic National Wildlife Refuge for oil and gas leasing. Continue reading “Trump administration to open more Alaska acres for oil, gas drilling”
Summary
SAN FRANCISCO, (Reuters) – Motorists have traded in a record number of Tesla electric vehicles this month, Edmunds data showed, amid a wave of protests against CEO Elon Musk’s work as an adviser to U.S. President Donald Trump. Continue reading “Exclusive: Tesla trade-ins on pace for record high amid Musk backlash”
(Reuters) – Tesla was removed from the Vancouver International Auto Show in Canada because of safety concerns, the event organizers said on Thursday.
“The Vancouver International Auto Show has removed Tesla as a participant in this week’s event, after the automaker was provided multiple opportunities to voluntarily withdraw,” Eric Nicholl, executive director for the auto show said. Continue reading “Tesla removed from Vancouver International Auto Show on safety concerns”
Summary
WASHINGTON, (Reuters) – Tesla is recalling nearly all Cybertrucks in the United States to fix an exterior panel that could detach while driving, the company said on Thursday, the latest in a series of call-backs for the pickup truck. Continue reading “Tesla recalls most Cybertrucks due to trim detaching from vehicle”
WAF AUTO THINK TANK
Join WAF to Co-Create Bharat Ka AI 
WAF
Cars to Get Costlier April 1, 2025 Onwards CarPhD Continue reading “WAF Auto News | The Auto World This Week (21st March 2025)”
JSW MG Motor India has introduced the Comet EV 2025, a futuristic and tech-savvy electric vehicle designed to enhance urban mobility. Priced at INR 4.99 lakh, with a Battery-as-a-Service (BaaS) option at INR 2.5/km, the latest iteration of India’s street-smart EV offers enhanced convenience, advanced tech features, and a stylish design. Customers can now book the MG Comet EV 2025 and the recently launched Comet BLACKSTORM Edition for INR 11,000 at MG dealerships across India. Continue reading “JSW MG Motor India Unveils Comet EV 2025 With Enhanced Features, Smart Pricing”
FRANKFURT, (Reuters) – Container shipping liner Hapag-Lloyd on Thursday reported an 18.9% lower net profit for 2024 and proposed a 11.4% cut in its divided versus 2023, citing lower interest income and higher tax expenses.
Key earnings figures for 2025 were expected to range below those reported for 2024, said Chief Executive Rolf Habben Jansen, attributing this to considerable uncertainty amid volatile freight rates and major geopolitical changes. Continue reading “Hapag-Lloyd posts 19% lower net profit in 2024, to cut dividend”
(Reuters) – Tesla is recalling 46,096 Cybertruck vehicles in the U.S. to fix an exterior panel that could detach while driving, adding to a series of call-backs for the pickup truck since last year.
This could prove to be a setback for Tesla, with the success of the Cybertruck seen as instrumental to its growth, as the company grapples with rising competition and an aging lineup while consumers, faced with high borrowing costs, choose less expensive hybrids. Continue reading “Tesla recalls over 46,000 Cybertrucks as trim detaching from vehicle”
MILAN, (Reuters) – Potential U.S. tariffs on European-made products could hit revenue at Lamborghini, its CEO said, as the sports carmaker posted strong results for last year, despite a contraction in the luxury market.
The Italian carmaker, part of the Volkswagen group , said on Thursday its revenues rose 16% last year to 3.09 billion euros ($3.31 billion), while its operating profit was up 15.5% to 835 million euros, topping the 800 million euros threshold for the first time. Continue reading “Lamborghini sees tariff threat to US volumes after strong 2024 results”
Summary
ROME, (Reuters) – The chairman of Stellantis said on Wednesday that Europe’s automotive industry does not need to convert to defence production, while confirming the group is on course to appoint a new CEO in the first half of this year. Continue reading “Europe’s carmakers should steer clear of defence industry, Stellantis’ Elkann says”
WASHINGTON (Reuters) – Amazon.com’s self-driving unit Zoox agreed to recall 258 vehicles due to issues with its automated driving system that could cause unexpected hard braking, after a U.S. investigation, according to a company filing Wednesday.
The recall affects vehicles equipped with self-driving software versions released before November 5. The California-based company said it has addressed the issue by updating the software on the company-owned vehicles. Continue reading “Amazon’s robotaxi unit Zoox agrees recall over braking issue”
(Reuters) – Vehicle thefts in the United States recorded their biggest yearly drop in four decades as automakers, mainly Hyundai and Kia, bolstered anti-theft measures, while easing supply chain constraints made stealing vehicles for parts less lucrative.
Hyundai and Kia cars topped the list of the most stolen vehicles in 2021 and 2023 as their lack of immobilizers made them easy targets for stealing, fuelling viral social media trends such as the “Kia Boys”. Continue reading “Hyundai, Kia’s anti-theft measures fuel steep dip in US vehicle thefts”
(Reuters) – Hino Motors a subsidiary of Japanese automaker Toyota pleaded guilty on Wednesday over a multi-year emissions fraud scheme in the United States and must pay $1.6 billion in penalties, the U.S. Justice Department said.
U.S. District Court Judge Mark Goldsmith in Detroit accepted the Japanese truck and engine manufacturer’s guilty plea and sentenced the company to pay a fine of $521.76 million and serve five years of probation during which it will be prohibited from importing diesel engines it manufactured into the United States. Continue reading “Toyota’s Hino Motors pleads guilty to US emissions fraud, fined $1.6 billion”
Source : PTI | Union Road Transport and Highways Minister Nitin Gadkari on Wednesday said the government will soon announce a new policy for toll charges on national highways, offering a reasonable concession to consumers. Replying to queries in Rajya Sabha, the minister asserted that the government is spending a lot on building road infrastructure and therefore toll charges are necessary.
“It is the policy of the department that when you want good road, you have to pay for it,” Gadkari said. Continue reading “Govt to announce new toll policy soon, will give reasonable concession to consumers, says Nitin Gadkari”
Source : PTI | Tyre maker CEAT Ltd is seeking to strengthen its play in the premium ultra-high performance and luxury four-wheeler segment that is expected to significantly grow in the next three to five years, company MD and CEO Arnab Banerjee said on Wednesday. The company, which launched three new products ZR-rated, CALM Technology and Run-Flat tyres, is preparing itself to address an emerging trend in the premium 17-inch plus tyre segment, he told PTI.
“The saliency of this segment is about 8-10 per cent today in the aftermarket and it is going to grow much faster than the rest of the market. It could be as high as 25-30 per cent in three to five years time,” Banerjee said. Continue reading “CEAT looks to strengthen play in premium car tyre segment”
Source : PTI | A bill to amend the Maharashtra Motor Vehicles Act 1958 was tabled in the assembly on Wednesday with the aim of increasing vehicle tax and potentially generating additional revenue. The Maharashtra Motor Vehicles Tax (Amendment) Act 2025 bill proposes to increase the maximum limit of one-time tax for motorcycles, tricycles, motorcars and omni bus.
The tax on compressed natural gas (CNG) or liquified petrol gas (LPG) vehicles will be increased by one per cent. Continue reading “Bill to hike motor vehicles tax tabled in Maharashtra assembly”
Source : PTI | Prices of electric vehicles (EVs) will be equal to those of petrol vehicles in the country within six months, Union Road Transport and Highways Minister Nitin Gadkari said on Wednesday. Addressing the 32nd Convergence India and 10th Smart Cities India Expo, Gadkari further said the construction work of the 212-km Delhi-Dehradun access-controlled expressway will be complete in the next three months.
“Within six months, the cost of electric vehicles will be equivalent to the cost of petrol vehicles,” he said. Continue reading “Prices of EVs to be same as petrol cars in 6 months, says Gadkari”
SEOUL, (Reuters) – South Korean battery maker SK On said on Wednesday that it had won a deal to supply batteries for electric vehicles for Nissan Motor in the United States.
SK On plans to provide batteries for Nissan’s next generation electric vehicles that will be built in the Japanese carmaker’s factory in Mississippi in the United States, the South Korean firm said in a statement. Continue reading “South Korea’s SK On wins EV battery deal with Nissan”
SHANGHAI, (Reuters) – China’s BYD has unveiled a megawatt charging system that it says can charge an EV as quickly as filling up a fuel tank, and said it will build a network across China, igniting a new super charging race.
Here are more details about the Chinese electric vehicle giant’s new technology and why the fast-charging space is attracting interest: Continue reading “Why are Chinese automakers like BYD launching fast-charging EV systems?”
LONDON, (Reuters) – Bentley on Wednesday posted its lowest annual revenue since the COVID pandemic struck in 2020 as the British luxury automaker faced a tough global market in 2024, but said it was pursuing “value over volume” with revenue per car up 10% versus 2023.
The Volkswagen unit reported an operating profit for 2024 of 373 million euros ($407 million), down 37% from 589 million euros the previous year. Continue reading “In tough global market, Bentley posts lowest revenue since 2020”
FRANKFURT, (Reuters) – Volkswagen said on Wednesday it sold a 2.2% stake in Traton for 360 million euros ($393 million) or 32.75 euros per share for better trading in shares of the commercial-vehicles subsidiary.
Volkswagen late on Tuesday said the transaction would enhance the free float and trading liquidity of Traton shares and that Volkswagen would remain a “committed and responsible shareholder”. Continue reading “Volkswagen sells 360-million-euro Traton stake for 32.75 euros per share”
SAN FRANCISCO, (Reuters) – Tesla on Tuesday received the first in a series of approvals from California required for the electric car maker to eventually launch a promised robotaxi service in the state, according to a state regulator.
The California Public Utilities Commission (CPUC) said it approved Tesla’s application for a transportation charter-party carrier permit (TCP), a license typically associated with chauffeur-operated services, allowing the company to own and control a fleet of vehicles and transport employees on pre-arranged trips. Continue reading “Tesla gets first in a series of permits it needs to run robotaxis in California”
(Reuters) – General Motors will use artificial intelligence chips and software from Nvidia to develop autonomous vehicle technology for its vehicles and improve workflow at its factories, the companies said on Tuesday.
Traditional automakers have struggled to commercialize autonomous technology that has been more challenging and expensive than expected but has emerged as a way to boost sales and rake in subscription revenue from motorists. Continue reading “GM to use Nvidia AI chips, software to automate vehicles, factories”
(Reuters) – U.S. Attorney General Pam Bondi on Tuesday condemned recent violent attacks on Tesla property, adding the Department of Justice has already charged several perpetrators.
“The swarm of violent attacks on Tesla property is nothing short of domestic terrorism,” Bondi said in a statement. Continue reading “US attorney general calls attacks against Tesla property ‘domestic terrorism’”
Source : PTI | New Delhi: Bengaluru-based EV startup Pravaig’s all-terrain stealth vehicle, Veer — the world’s first operational EV designed for tactical defense use — has undergone military trials and won the prestigious iDEX award from the Ministry of Defence. “In a major step towards strategic autonomy, Pravaig has won the prestigious iDEX Award for its VEER Electric Tactical All-Terrain Vehicle (E-TATV) — a cutting-edge, highly stealthy vehicle designed for forward patrolling, reconnaissance, and ISR operations,” Pravaig Dynamics said in a post on X.
Atima Corporation, a wholly-owned subsidiary of Pravaig, won the iDEX Award by the Defence Innovation Organisation (DIO), under the aegis of the Department of Defence Production in the Ministry of Defence, “for deepening India’s sovereignty by building cutting-edge defence technologies and reinforcing the country’s strategic autonomy.” Continue reading “Pravaig’s all-terrain stealth vehicle undergoes military trials, gets iDEX recognition”
Source : PTI | The Competition Commission of India (CCI) on Monday approved the proposed acquisition of 100 per cent stake each in O2 Power Midco Holdings and O2 Energy SG by JSW Neo Energy. JSW Neo Energy is a wholly-owned subsidiary of JSW Energy, which belongs to the JSW Group. JSW Energy (through its subsidiaries) engaged in power generation and transmission through conventional and non-conventional sources.
‘The proposed combination involves the acquisition by JSW Neo Energy Ltd of 100 per cent shareholding of O2 Power Midco Holdings Pte Ltd (O2 Midco) and O2 Energy SG Pte Ltd (O2 Energy),’ the CCI said in a release. Continue reading “CCI approves JSW Neo Energy’s acquisition of O2 Power’s renewable assets”
Source : PTI | India has the potential to be among the top five markets globally for the Maybach range with demand for high-end luxury vehicles likely to grow steadily in the country, Mercedes-Maybach Head Daniel Lescow said on Tuesday. Mercedes-Benz saw sales of Maybach portfolio increase over 140 per cent year-on-year last year in India at over 500 units.
The luxury carmaker has further enhanced the range in the country by introducing the Maybach SL 680 Monogram Series, priced at Rs 4.2 crore (ex-showroom).
Continue reading “India can be among top five Maybach markets globally: Mercedes”
Source : PTI | Union Road Transport and Highways Minister Nitin Gadkari on Wednesday said the government will soon announce a new policy for toll charges on national highways, offering a reasonable concession to consumers. Replying to queries in Rajya Sabha, the minister asserted that the government is spending a lot on building road infrastructure and therefore toll charges are necessary.
“It is the policy of the department that when you want good road, you have to pay for it,” Gadkari said. Continue reading “Govt to announce new toll policy soon, will give reasonable concession to consumers, says Nitin Gadkari”
