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China’s $7.5 billion EU hybrid boom faces new curbs under China-EU deal

China’s $7.5 billion EU hybrid boom faces new curbs under China-EU deal

Summary

  • China’s hybrid exports to EU triple to $7.5 billion in H1, 2026
  • Chinese automakers boost hybrid exports after EU tariffs on Chinese-made EVs
  • SAIC, BYD and Chery are top hybrid exporters to EU

SHANGHAI/BEIJING, (Reuters) – China’s deal to curb hybrid vehicle exports to the European Union is set to deal a fresh blow to electric vehicle makers that ramped up hybrid ​shipments exempt from the bloc’s tariffs on Chinese-made EVs as sales growth slows at home. Continue reading “China’s $7.5 billion EU hybrid boom faces new curbs under China-EU deal”

Europe’s carmakers turn back time to rival Chinese EVs

Europe’s carmakers turn back time to rival Chinese EVs

Summary

  • Citroen unveils electric version of iconic 2CV at Paris autoshow
  • Comes after Renault’s electric R5 proved a hit across Europe
  • Retro appeal could help European brands compete with Chinese in small EVs
  • Heritage unlikely to be enough on its own; technology also key

PARIS, (Reuters) – As Chinese electric vehicle makers challenge Europe’s auto industry with cheaper cars and increasingly sophisticated technology, ​established automakers are fighting back with one asset their rivals lack: history. Continue reading “Europe’s carmakers turn back time to rival Chinese EVs”

As EU debates local-content rules, Chinese automakers are already adapting

As EU debates local-content rules, Chinese automakers are already adapting

Summary

  • Chinese automakers securing European factories, suppliers
  • Move comes ahead of planned ‘Made in Europe’ local content rules
  • Chinese firms’ adaptability suggests no let up for EU automakers

PARIS, (Reuters) – As Europe debates new local-content rules aimed at boosting local manufacturing, Chinese automakers are already building factories and supply chains across the continent, getting ahead of the measures before ​they have even been finalised. Continue reading “As EU debates local-content rules, Chinese automakers are already adapting”

Volkswagen, Stellantis show EV confidence, with lessons from China

Volkswagen, Stellantis show EV confidence, with lessons from China

Summary

  • Europe’s top two automakers showcase EVs at Paris auto show
  • CEO says Stellantis can learn from Chinese partners
  • Opel brand developing electric SUV with Leapmotor
  • Volkswagen CEO says no Chinese JVs in Europe for now

PARIS, (Reuters) – Europe’s two auto industry bulwarks, Volkswagen and Stellantis, used this year’s Paris auto show ​to signal growing confidence in their electric vehicles, adopting lessons from the Chinese rivals and partners now reshaping their home market. Continue reading “Volkswagen, Stellantis show EV confidence, with lessons from China”

Europe’s mass-market carmakers under ‘enormous pressure’, Volkswagen CEO says

Europe’s mass-market carmakers under ‘enormous pressure’, Volkswagen CEO says

PARIS, (Reuters) – Europe’s mass-market car industry is under “enormous pressure” from Chinese competition and a changing market, Volkswagen’s CEO Oliver ​Blume said on Tuesday, renewing calls for more flexible ‌regulation and incentives to support local manufacturing.

Speaking at an event alongside the Paris motor show, Blume said Volkswagen , Stellantis and Renault — which together ​account for more than 60% of European car production — ​face growing pressure to produce affordable electric vehicles ⁠while keeping costs under control. Continue reading “Europe’s mass-market carmakers under ‘enormous pressure’, Volkswagen CEO says”

Delhi govt to distribute 1300 e-autos to women and transgenders under DURGA scheme

Delhi govt to distribute 1300 e-autos to women and transgenders under DURGA scheme

Source : PTI | Delhi government will distribute 1300 pink electric autos to women and transgenders under its DURGA (Driving, Upliftment and Rozgar for Women and Transgender) E-Auto Scheme , Transport Minister Pankaj Singh said on Sunday.

In the first phase, 1,300 pink electric autos will be allotted, of which 1,170 will be reserved for women and 130 for transgender beneficiaries. Continue reading “Delhi govt to distribute 1300 e-autos to women and transgenders under DURGA scheme”

Sikkim hosts international mountain biking event, aims to boost adventure tourism

Sikkim hosts international mountain biking event, aims to boost adventure tourism

Source : PTI | Sikkim on Sunday hosted the opening leg of the 2026 Zabarvan Extreme Legends Series, an international downhill mountain biking competition featuring riders from eight countries, as the Himalayan state seeks to strengthen its position as an adventure tourism destination.

Chief Minister Prem Singh Tamang flagged off the competition at Rock Garden in Soreng district’s Zoom. Continue reading “Sikkim hosts international mountain biking event, aims to boost adventure tourism”

Volvo Cars India flags higher tax for plug-in hybrids, plans 3 EVs in next three years

Volvo Cars India flags higher tax for plug-in hybrids, plans 3 EVs in next three years

Source : PTI | Swedish carmaker Volvo Car is exploring bringing plug-in hybrid vehicles to India, but sees higher taxes on such vehicles as the biggest challenge in the country, according to a senior company official.

Speaking to PTI on the sidelines of the launch of a new electric luxury SUV, the EX90, Volvo Car India Managing Director Jyoti Malhotra said the automaker plans to offer a balanced portfolio of electric vehicles and mild hybrids, while evaluating the potential for plug-in hybrid electric vehicles.

Continue reading “Volvo Cars India flags higher tax for plug-in hybrids, plans 3 EVs in next three years”

SML Mahindra names Surender Kalra as new CFO from Jan 1

SML Mahindra names Surender Kalra as new CFO from Jan 1

Source : PTI | Commercial vehicle major SML Mahindra Ltd on Monday said its board has appointed Surender Kalra as the new Chief Financial Officer (CFO), effective January 1, 2027.

Kalra has been associated with Mahindra’s Swaraj business for nearly three decades.

He also served as vice president for finance at the Swaraj division and a member of the Swaraj Executive Council. Continue reading “SML Mahindra names Surender Kalra as new CFO from Jan 1”

Leapmotor-Stellantis JV calls EU-China import cap deal ‘interesting alternative’

Leapmotor-Stellantis JV calls EU-China import cap deal ‘interesting alternative’

PARIS, (Reuters) – The Stellantis-Leapmotor joint venture sees a deal between the ​European Union and China to ‌cap imports of hybrid vehicles as an “interesting alternative to tariffs”, its CEO ​Danilo Annese said on ​Monday at the Paris Auto Show.

  • Stellantis-led ⁠joint venture Leapmotor International will ​comply with any deal the ​EU and China reach, although details will need to be clarified in coming ​months
  • Annese said market demand for ​EVs in Europe is gaining more traction ‌than ⁠expected a year ago
  • Demand is also increasing in countries such as Italy and Spain, where EV ​penetration has ​been traditionally ⁠lower, he added
  • Annese said discussions were constantly ongoing ​with Stellantis over possible ​locations ⁠for future Leapmotor manufacturing sites in Europe
  • Options include a plant in ⁠Madrid, ​but others are available, ​including out of Spain, he said

Continue reading “Leapmotor-Stellantis JV calls EU-China import cap deal ‘interesting alternative’”

EU eyes December trade initiatives after China car import deal

EU eyes December trade initiatives after China car import deal

BRUSSELS, (Reuters) – The European Commission is set to lay out potential trade defence measures in ​December designed to rein in its trade deficit with China ‌and reduce its reliance on the world’s second-largest economy for critical supplies.

The EU executive Commission secured agreement with Beijing on Friday to limit imports of hybrid cars ​from China to 350,000 vehicles a year, most likely from ​early December, with a 6% annual increase. Continue reading “EU eyes December trade initiatives after China car import deal”

China’s BYD studying plans for factory in France, executive tells BFM

China’s BYD studying plans for factory in France, executive tells BFM

PARIS, (Reuters) – Chinese electric vehicle giant BYD is closely studying the ​possibility of setting up a factory ‌in France, its executive vice president Stella Li told local TV station BFM ​on Monday, as the group ​pushes for further expansion in Europe.

  • BYD ⁠has already announced it will produce ​cars in Hungary, with the launch expected ​in the fourth quarter
  • It is aiming to build two more plants in Europe, Li told ​BFM Business in an interview on ​the sidelines of the Paris auto show, adding that ‌France ⁠could be a possible location
  • “France is on the shortlist because your energy is very competitively priced,” Li said, ​according to ​the ⁠report, adding that the group is “closely examining” options for a ​plant in the country.
  • Chinese automakers ​are ⁠scouring Europe for production sites ahead of expected EU local content rules ⁠designed ​to protect the region’s ​industry from a surge in exports from China

Continue reading “China’s BYD studying plans for factory in France, executive tells BFM”

Model blitz at Paris motor show as Europe-China rivalry heats up

Model blitz at Paris motor show as Europe-China rivalry heats up

Summary

  • Carmakers expected to unveil up to 60 new models
  • Show comes days after tentative EU-China deal on hybrids
  • Chinese automakers need sales in Europe as home market slumps

PARIS, (Reuters) – Europe’s car industry fought back against rising Chinese competition at the Paris car show on Monday with a wave of ​new model launches and fresh support from Brussels, even as Chinese automakers expanded their push into the region. Continue reading “Model blitz at Paris motor show as Europe-China rivalry heats up”

Volkswagen CEO says transformation is ‘shared responsibility’ in appeal to EU

Volkswagen CEO says transformation is ‘shared responsibility’ in appeal to EU

Summary

  • Volkswagen to showcase affordable EV range at Paris motor show
  • Event comes after EU deal on Chinese car imports welcomed by industry
  • Analyst warns price war with Chinese could erode European profitability

PARIS, (Reuters) – Volkswagen chief Oliver Blume expects European policymakers to create the framework needed ‌to make the German automaker’s restructuring a success, he said on Sunday, amid a push by Brussels to shield industry from low-cost Chinese competitors. Continue reading “Volkswagen CEO says transformation is ‘shared responsibility’ in appeal to EU”

Stellantis bets on small affordable EVs for European comeback

Stellantis bets on small affordable EVs for European comeback

Summary

  • Stellantis at Paris Show to signal turnaround
  • CEO Filosa showcases concepts, new models
  • Citroen 2CV concept highlights fight for affordable EVs
  • Shares at near-record lows despite recovery plan

MEUDON, France, (Reuters) – Stellantis heads into Paris Motor Show with a message it ​hopes customers, investors and dealers are ready to hear: after years of sliding market share and weak sales ‌in Europe, the automaker is back in the fight. Continue reading “Stellantis bets on small affordable EVs for European comeback”

DGP flags off motorcycle rally from Ladakh to Gujarat to promote national unity, drug-free India

DGP flags off motorcycle rally from Ladakh to Gujarat to promote national unity, drug-free India

Source : PTI | Ladakh Director General of Police (DGP) Anand Jain on Saturday flagged off a motorcycle rally from here to Gujarat in commemoration of ‘Rashtriya Ekta Diwas’, carrying the message of national unity and a drug-free India, police said.

The rally will traverse thousands of kilometres across diverse landscapes, embodies the spirit of “Ek Bharat, Shreshtha Bharat”, reaffirms Ladakh Police’s commitment to national unity, youth empowerment and the collective mission of building a ‘Nasha Mukt Bharat’, a police spokesperson said. Continue reading “DGP flags off motorcycle rally from Ladakh to Gujarat to promote national unity, drug-free India”

Crude oil futures brace for volatility amid geopolitical uncertainties: Analysts

Crude oil futures brace for volatility amid geopolitical uncertainties: Analysts

Source : PTI | Crude oil futures are likely to remain volatile next week as uncertainty over US-Iran negotiations and escalating tensions in West Asia keep supply risks elevated, even as hopes of a deal to reopen the Strait of Hormuz offer scope for a correction, analysts said.

Investors will track the monthly oil market reports from the Organization of the Petroleum Exporting Countries and the International Energy Agency, along with the American Petroleum Institute’s weekly inventory numbers and US government data on crude inventories and imports, they added.

Continue reading “Crude oil futures brace for volatility amid geopolitical uncertainties: Analysts”

Audi India mulling local production of electric car, aims to double market share in 3-5 years

Audi India mulling local production of electric car, aims to double market share in 3-5 years

Source : PTI | Audi India is considering local manufacturing of a battery electric vehicle (BEV), with the luxury carmaker betting on a three-pillar strategy to double its market share in the segment over the next three to five years to 15-16 per cent, a top company executive said.

In an interview with PTI, Audi India Brand Director Balbir Singh Dhillon outlined its strategy for India, centred on three key areas: customer centricity, new product introductions, and network expansion, to double its market share in the luxury car segment from around 8 per cent.

Continue reading “Audi India mulling local production of electric car, aims to double market share in 3-5 years”

Cummins India appoints Gbile Adewunmi as Managing Director

Cummins India appoints Gbile Adewunmi as Managing Director

Source : PTI | Power technology solutions provider Cummins on Thursday announced the appointment of Gbile Adewunmi as Managing Director of Cummins India, effective November 1.

Adewunmi, who is currently serving as Vice President for Power Systems Industrial Markets at Cummins, will assume responsibilities of the CEO in addition to his current role and continue leading the industrial markets line of business, the company said. Continue reading “Cummins India appoints Gbile Adewunmi as Managing Director”

Tamil Nadu’s free bus travel scheme sees 5.9 crore journeys by women

Tamil Nadu’s free bus travel scheme sees 5.9 crore journeys by women

Source : PTI | The expanded ‘Vettri Payanam’ – free bus travel for women, benefited approximately 5.9 crore passengers in availing individual journeys since its roll-out on October 2, with about 88 lakh women benefiting from the scheme on a single day on October 7, an official said on Thursday.

Male commuters too have benefited from the fare cuts effected on certain routes, he said. Continue reading “Tamil Nadu’s free bus travel scheme sees 5.9 crore journeys by women”

Govt likely to finalise critical minerals stockpiling policy in a month

Govt likely to finalise critical minerals stockpiling policy in a month

Source : PTI | The policy on stockpiling critical minerals is expected to be announced in about a month, a government official said on Friday.

The move is aimed at maintaining a stock of critical minerals to spur the growth of strategic sectors such as defence, advanced electronics and aerospace, among others. Continue reading “Govt likely to finalise critical minerals stockpiling policy in a month”

Tata Motors raises Iveco takeover offer price to €14.40 per share

Tata Motors raises Iveco takeover offer price to €14.40 per share

Source : PTI | Tata Motors Ltd said it has increased the takeover offer price for Italian truck maker Iveco Group NV by €0.30 per share to €14.40 per share, citing delay in authorisation process.

In 2025, Tata Motors announced plans to acquire Iveco, excluding its defence business, for €3.8 billion (nearly ₹38,240 crore) through TML CV Holdings Pte Ltd. Continue reading “Tata Motors raises Iveco takeover offer price to €14.40 per share”

Record Chinese turnout puts European carmakers under pressure at Paris show

Record Chinese turnout puts European carmakers under pressure at Paris show

Summary

  • Record 20 Chinese brands to exhibit at Paris Motor Show
  • Double the number at the previous event in 2024
  • European carmakers launching new EVs to defend home market

PARIS, (Reuters) – A record 20 Chinese car brands will descend on next week’s Paris Motor Show, underscoring how rapidly China’s automakers have established themselves as ​a competitive threat in Europe despite mounting trade barriers. Continue reading “Record Chinese turnout puts European carmakers under pressure at Paris show”

UAW President Shawn Fain declares victory in race for second term

UAW President Shawn Fain declares victory in race for second term

Summary

  • Federal monitor’s preliminary count showed Fain ahead of five challengers
  • Fain says UAW members ‘ready to fight’
  • Labor experts expect tougher resistance as tariffs and EV retrenchment squeeze automakers

DETROIT, (Reuters) – United Auto Workers President Shawn Fain declared victory on Friday in a race to maintain his position ‌as head of the 400,000-member union. Continue reading “UAW President Shawn Fain declares victory in race for second term”

Tesla renames ‘Full Self-Driving’ to ‘Assisted Driving’ in Europe as it chases clearance for software

Tesla renames ‘Full Self-Driving’ to ‘Assisted Driving’ in Europe as it chases clearance for software

Summary

  • Tesla rebrands FSD as ‘Tesla Assisted Driving’ on European websites
  • Germany said Tuesday Tesla offered the name change
  • Regulators have called the ‘Full Self-Driving’ name misleading

(Reuters) – EV-maker Tesla has started calling ​its “Full Self-Driving” feature “Tesla Assisted Driving” on its European websites, dropping a name ‌regulators have said was misleading, as CEO Elon Musk pushes for EU-wide approval for the software. Continue reading “Tesla renames ‘Full Self-Driving’ to ‘Assisted Driving’ in Europe as it chases clearance for software”

China, EU strike deal to halve Chinese hybrid exports

China, EU strike deal to halve Chinese hybrid exports

Summary

  • Understanding to cut several million Chinese hybrid and plug-in hybrid car exports to EU over four years
  • Two sides agree to improve access to China for €4 billion of EU products, Sefcovic says
  • China says it will smooth licence process for rare earth and magnet exports

BEIJING, (Reuters) – China and the European Union have reached a deal that could cut Chinese ​exports of hybrid cars to the bloc by more than half, European Trade Commissioner Maros Sefcovic said on Friday after talks in Beijing aimed at reducing the EU’s ballooning trade deficit with ‌China. Continue reading “China, EU strike deal to halve Chinese hybrid exports”

New Renault Duster strong Hybrid E-Tech 160 delivers Arai-Certified 29 Km/L mileage

New Renault Duster strong Hybrid E-Tech 160 delivers Arai-Certified 29 Km/L mileage

Bookings open on October 9, 2026, ahead of the official market debut

New Duster to introduce Renault’s E-Tech strong-hybrid technology in India

NEW DELHI, OCTOBER 9, 2026: Renault India, a wholly owned subsidiary of Renault Group, today announced an ARAI-certified fuel efficiency of 29 km/litre for the new Renault Duster strong hybrid E-Tech 160, ahead of its official market debut in India. Continue reading “New Renault Duster strong Hybrid E-Tech 160 delivers Arai-Certified 29 Km/L mileage”

RPG Group exploring possibility to set up greenfield tyre plant in MP

RPG Group exploring possibility to set up greenfield tyre plant in MP

Source : PTI | RPG Group is exploring the possibility of setting up a greenfield tyre plant in Madhya Pradesh, its chairman Harsh Goenka said on Thursday.

The group, which has a manufacturing plant in Jabalpur (MP), is looking at fresh investments in its engineering, procurement and construction (EPC) business, Goenka said. Continue reading “RPG Group exploring possibility to set up greenfield tyre plant in MP”

US grants Aurora exemption for self-driving trucks safety feature

US grants Aurora exemption for self-driving trucks safety feature

WASHINGTON, (Reuters) – The US transportation department said late on Wednesday it approved a five-year exemption ​for Aurora and other self-driving trucking companies from rules that ‌require drivers to place warning devices around a stopped truck.

The decision is a step forward in efforts to broadly deploy commercial self-driving trucks in the United States. Continue reading “US grants Aurora exemption for self-driving trucks safety feature”

BYD exec says biggest challenge to expansion is geopolitics
Mexican auto exports slump in September as US tariffs take toll

Mexican auto exports slump in September as US tariffs take toll

Summary

  • September auto exports fell 12% year on year, INEGI data shows
  • Mexican cars still face effective 10% to 12% US tariffs during USMCA review talks
  • Domestic auto sales rose 8% in September, helping buffer industry pain

MEXICO CITY, (Reuters) – Mexico’s auto exports posted their biggest slump so far this year, data from statistics office INEGI showed ‌on Wednesday, a decline analysts attributed to tariff policies from the US, the biggest market for the Latin American country’s top industrial sector. Continue reading “Mexican auto exports slump in September as US tariffs take toll”

Polestar nears US sellout of remaining 2026 models as ban looms

Polestar nears US sellout of remaining 2026 models as ban looms

STOCKHOLM, (Reuters) – Polestar is close to selling out its remaining model year 2026 cars in the ​US, CEO Michael Lohscheller told Reuters on Thursday, as the Swedish ‌automaker faces a US ban on selling new vehicles from the next model year.

The company, majority-owned by China’s Geely Holding [RIC:RIC:GEELY.UL], posted third-quarter sales volume of 14,371 units, 1% ​higher than 14,222 a year ago.

Here are some details: Continue reading “Polestar nears US sellout of remaining 2026 models as ban looms”

Why EV sales are lukewarm in America, but hot in Europe

Why EV sales are lukewarm in America, but hot in Europe

Summary

  • Europeans snap up more EVs as fuel costs rise
  • U.S. buyers gravitate to hybrids and used EVs
  • Ford, GM EV sales sink following expiration of $7,500 vehicle tax credit
  • Tesla, Rivian outperformed legacy carmakers

(Reuters) – US car shoppers have been slow to warm back up to electric vehicles since a key federal subsidy expired a year ​ago, despite persistently high gas prices, while Europeans have flocked to the cars. Continue reading “Why EV sales are lukewarm in America, but hot in Europe”

Greener Bays, Bigger Margins- How the Kovax Dust Extraction Unit Cuts Costs and Carbon in Bodyshop

Greener Bays, Bigger Margins- How the Kovax Dust Extraction Unit Cuts Costs and Carbon in Bodyshop

Sanding dust is more than a cleanliness issue. When left uncontrolled, it settles on primed panels, contaminates paint areas, clogs abrasives and affects the air technicians breathe. The result is higher rework, increased abrasive consumption, additional cleaning time and unnecessary operating costs.

The Kovax 125C is a mobile, automatic dry dust extraction unit designed for sanding and power-tool applications. With a 48 L collection drum, 1,100 W motor and two-stage filtration, it captures dust directly at the source, helping maintain a cleaner and more efficient repair environment and connects seamlessly with both electric and pneumatic sanders, making it suitable for modern Bodyshop operations. Continue reading “Greener Bays, Bigger Margins- How the Kovax Dust Extraction Unit Cuts Costs and Carbon in Bodyshop”

Vinfast India signs letters of intent with First 50+ E-motorcycle dealers, expanding network to 15 States and 34 Cities

Vinfast India signs letters of intent with First 50+ E-motorcycle dealers, expanding network to 15 States and 34 Cities

Hai Phong, October 8, 2026 – VinFast officially signs Letters of Intent (LOIs) with its first 50+ e-motorcycle dealer partners across 15 states and territories in India. The milestone marks an important step in VinFast’s strategy to expand its distribution network, strengthen its position and reinforce the appeal of the Vietnamese brand in one of the world’s largest two-wheeler markets.

The signing ceremony took place at VinFast’s Manufacturing Complex in Hai Phong, as part of the Indian dealer partners’ visit and working program in Vietnam. Continue reading “Vinfast India signs letters of intent with First 50+ E-motorcycle dealers, expanding network to 15 States and 34 Cities”

The new Škoda Slavia Says it All with Confidence

The new Škoda Slavia Says it All with Confidence

Prices for the new Slavia start at INR 9.99 lakh (ex-showroom, India)

  • Design that Says it All: All-new LED headlamps and taillamps with sequential rear turn indicators, new alloy wheel designs and refreshed interior themes give the new Slavia a more striking road presence
  • Performance that Says it All: A choice of proven TSI engines, including the segment-first eight-speed torque converter automatic with the 1.0 TSI, a six-speed manual and the 1.5 TSI with seven-speed DSG
  • Comfort that Says it All: Segment-first Rear Seat Massage function brings an elevated in-cabin experience to the premium sedan segment
  • Convenience that Says it All: 360-degree Area View camera and Park Pilot with front and rear parking sensors make urban manoeuvres easier and more confident
  • Technology that Says it All: Next-generation infotainment with an AI Assistant powered by Google Cloud, inbuilt connectivity, and wireless Android Auto and Apple CarPlay
  • Safety that Says it All: 5-star Global NCAP safety credentials, six airbags and more than 25 active and passive safety features as standard across the range
  • A range that Says it All: Six distinct trims – Classic, Classic+, Signature, Sportline, Prestige and Monte Carlo, available from launch to suit diverse customer preferences
  • Ownership confidence that Says it All: Škoda Super Care includes a 4-year warranty, 4 years of roadside assistance and four labour-free services Continue reading “The new Škoda Slavia Says it All with Confidence”
EU seeks to cut trade deficit with China in talks with Beijing

EU seeks to cut trade deficit with China in talks with Beijing

BRUSSELS, (Reuters) – European Trade Commissioner Maros Sefcovic heads to Beijing on Wednesday for key talks designed to reduce the European Union’s growing trade deficit with ​China, which threatens to destroy EU industry and many thousands of jobs
.
Sefcovic ‌will meet Chinese Commerce Minister Wang Wentao on Thursday and Friday after three months of discussions over the EU’s goods trade deficit of more than €1 billion ($1.12 billion) a day and Chinese curbs on ​exports of rare earths and other critical minerals. Continue reading “EU seeks to cut trade deficit with China in talks with Beijing”

The key elements of Porsche’s turnaround plan

The key elements of Porsche’s turnaround plan

BERLIN, (Reuters) – Porsche wants to restore its profit margins with the help of deep-pocketed sports car fans, while shrinking the company in line with lower sales volumes.

Here are the main aspects of the Stuttgart-based carmaker’s turnaround strategy, presented to ​investors at a capital markets day on Wednesday. Continue reading “The key elements of Porsche’s turnaround plan”

US agency to rewrite rules to address vehicle headlight glare

US agency to rewrite rules to address vehicle headlight glare

WASHINGTON, (Reuters) – The US National Highway Traffic Safety Administration said on Tuesday that it will rewrite its vehicle lighting ​standards to address concerns about headlight glare and allow for the latest ‌safety-improving lighting technologies.

NHTSA said it plans to improve rules for LEDs, dusk sensors, automatic high beams and replaceable light sources. The agency will also evaluate headlamp height and aim and how they ​impact driver visibility and address headlight glare and make appropriate changes. Continue reading “US agency to rewrite rules to address vehicle headlight glare”