TOKYO, (Reuters) – Japanese auto parts maker Denso said on Tuesday it aims for sales of 8 trillion yen ($50 billion) and a return on equity of 11% by 2030, despite missing a lower ROE target in an earlier plan.
The Toyota supplier flagged both opportunities and challenges for future growth in a statement, as changes around mobility accelerate in areas such as autonomous driving and software-defined vehicles. Continue reading “Toyota supplier Denso targets 11% return on equity by 2030”
Source : PTI | Andhra Pradesh Transport Minister M Ramprasad Reddy on Saturday said over 1,000 buses have been checked across the state and 236 penalised for lacking proper documents.
Reddy’s remarks come in the wake of four ghastly bus accidents claiming 45 lives, of these 33 charred to death, and injuring several others within six months.
“We are taking intense action to avoid road accidents. Across the state, we checked 1,036 buses. Cases have been registered, and penalties were slapped against 236 buses without proper documents,” he said in an official press release. Continue reading “Over 1k buses checked in Andhra, over 200 penalised for violations: Transport minister”
Source : PTI | Auto components maker Omax Autos Ltd on Friday confirmed a ransomware attack on the company’s IT infrastructure and said it is assessing and identifying the extent of any potential loss or impact arising from the incident.
The company’s IT department had initially suspected a cyber security incident on March 26, 2026, which has now been confirmed on Friday as a ransomware attack on the company’s IT infrastructure, Omax Autos Ltd said in a regulatory filing. Continue reading “Omax Autos cyberattack highlights growing risks for auto industry”
TOKYO, (Reuters) – Toyota Motor said on Monday global production fell for a fourth successive month in February, dragged down by weaker output in Canada as the automaker changed production from the old to the new RAV4 sport utility vehicle. Continue reading “Toyota’s global output falls for a fourth month in February on model change”
(Reuters) – General Motors will increase the production of its heavy-duty trucks, the Wall Street Journal reported on Monday.
The company will run its truck plant in Michigan for six days a week, starting in June, to help boost production, the report said.
GM told Reuters it was making strategic adjustments to its Flint Assembly’s production schedule to align with stronger demand. Continue reading “GM to increase heavy-duty truck production, WSJ reports”
BEIJING, (Reuters) – BYD is “highly confident” of reaching its 2026 overseas sales target of 1.5 million vehicles or even higher, the company told analysts during its post-earnings call on Monday.
The Chinese EV giant said overseas markets could eventually account for about half of its business, according to two people with direct knowledge of the call.
BYD said in January that its export target for this year would be 1.3 million vehicles, down from as much as 1.6 million units its management told Citi in November. Continue reading “China’s BYD confident of reaching 1.5 million unit overseas sales in 2026”
Summary
LONDON/BERLIN/MILAN, (Reuters) – A laser-engraved hood inspired by Arabian architecture and a matching wood-trim interior are among the luxuries Rolls-Royce featured in a one-off Phantom Arabesque model commissioned by a Dubai customer it showcased in February before the Iran war.
Now the Middle East market, which in volume terms accounts for less than 10% of sales at most luxury carmakers but punches far above its weight in profit, is under threat just as demand is weakening almost everywhere around the globe. Continue reading “Luxury carmakers’ gold-leafed Gulf profits under threat from Iran war”
Manesar/ New Delhi: Maruti Suzuki India Limited (“Maruti Suzuki”) today announced that the Manesar in-plant railway siding has attained a milestone of 1 lakh vehicle dispatches since its start of operations in June 2025. It has resulted in an estimated avoidance of 16,800 metric tonnes* CO2e (carbon dioxide equivalent). Continue reading “Strengthening Green Logistics: Maruti Suzuki’s Manesar in-plant automobile railway siding crosses a milestone of 1 lakh vehicle dispatches”
New Delhi/ Manesar/ Hansalpur: Maruti Suzuki India Limited (“Maruti Suzuki”) has commenced ‘Jagriti’, its flagship event aimed at enhancing awareness on safe driving behavior and health among truck drivers associated with its logistics service providers. The event, being held between 23rd to 28th March 2026, is a part of Maruti Suzuki’s broader sustainability efforts.
The five-day event is being conducted at Maruti Suzuki’s facilities in Manesar (Haryana) from 23rd March and Hansalpur (Gujarat) from 24th March onwards, covering drivers engaged in the movement of finished vehicles and spare parts. Nearly 4,000 truck drivers are expected to benefit from ‘Jagriti’. Continue reading “Maruti Suzuki commences Jagriti: a 5-day road safety and health awareness event for truck drivers”
BERLIN, (Reuters) – Volkswagen’s software partnership with Rivian a cornerstone of CEO Oliver Blume’s turnaround strategy for the German auto group, has passed a key milestone, bringing the U.S. partner closer to its next tranche of funding.
Winter tests of the first vehicles using the software have been successfully completed, Volkswagen said on Friday.
“We’re accelerating towards the future,” Blume said. Continue reading “VW’s software partnership with Rivian clears investment hurdle”
NEW DELHI, (Reuters) – India has asked automakers and parts suppliers to tighten production schedules to conserve fuel amid fears of shortages caused by disrupted oil and gas imports from the Gulf due to the Iran war, a government memo seen by Reuters shows.
The heavy industries ministry has also urged companies to shift factory operations from oil-based fuels to electricity and to use recycled aluminium or alternative materials as shortages and costs rise, according to the March 25 advisory. Continue reading “India asks auto industry to optimise production as Iran war hurts energy supplies”
Summary
BEIJING, (Reuters) – BYD , China’s biggest electric automaker by sales, on Friday posted a bigger-than-expected profit drop and disclosed a headcount fall for the first time, hurt by weak sales in its home market.
Net profit fell 19% to 32.6 billion yuan ($4.72 billion), BYD said in a stock exchange filing, its first annual profit drop in four years and steeper than an average 12.1% fall expected by analysts polled by LSEG. Continue reading “BYD’s annual profit drops for first time in four years as price war hurts margins”
Source : PTI | The government on Friday said it has disbursed incentives worth ₹15,554 crore so far under the production-linked incentive scheme (PLI) for the electronics sector.
In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Jitin Prasada said that under the automobiles and auto components sector, about ₹2,377.56 crore of incentives have been disbursed so far. Continue reading “Govt disburses PLI incentives worth ₹15,554 cr for electronics sector”
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Understanding CVT, DCT, and Traditional Automatics: Which Transmission is Right for You? CarPhD
Top Car Brands and Dealers Based on Actual Customer Reviews CarPhD Continue reading “WAF Auto News | The Auto World This Week (27th March 2026)”
Source : PTI | New Delhi: Around 8,000 tonnes per annum of green hydrogen production capacity has been commissioned in India till February 2026, Parliament was informed on Wednesday.
The government has set a target of 5 Million Metric Tonnes per annum by 2030 under the National Green Hydrogen Mission (NGHM).
“Around 8,000 tonnes per annum of green hydrogen production capacity has been commissioned in India till February 2026,” Minister of State for New and Renewable Energy Shripad Naik said in a written reply to the Rajya Sabha. Continue reading “India commissions 8,000 tonnes per annum of green hydrogen production capacity till Feb 2026”
Source : PTI | The Maharashtra State Road Transport Corporation (MSRTC) has reintroduced 3×2 seating buses into its fleet after nearly two decades, officials said.
The buses have a 3×2 seating configuration with a total capacity of 56 seats, higher than conventional models, aimed at improving passenger comfort and efficiency, they said. Continue reading “Maharashtra re-introduces 3×2 seating buses; Fadnavis launches new service”
MEXICO CITY, (Reuters) – The union representing workers at a General Motors plant in Silao, Mexico has proposed a 10% salary increase for the 2026-2028 contract, union leader told Reuters on Wednesday.
Alejandra Morales, head of SINTTIA, said workers will vote on the proposal April 9 and 10. The union has set a strike deadline for April 15 if an agreement with management is not met. Continue reading “A Lyft rideshare driver passes through the Second Street Tunnel”
(Reuters) – Ride-hailing company Lyft said on Wednesday it will roll out a temporary driver-relief program in the United States, as higher gasoline prices squeeze earnings for gig workers.
A sharp rise in fuel costs, driven by energy supply disruptions linked to the ongoing U.S.-Israeli conflict with Iran, is hurting gig workers. Continue reading “Lyft rolls out driver-relief program as US fuel prices climb”
Summary
BERLIN, (Reuters) – Porsche SE announced increased investments in defence on Thursday after bearing the brunt of a drop in 2025 earnings at its core investments Volkswagen and Porsche AG.
Conflicts in Ukraine and the Middle East have driven investor interest in the defence and technology stocks, while it has declined in Germany’s weakened automotive sector. Continue reading “Volkswagen’s biggest investor increases defence focus after earnings slump”
(Reuters) – Uber Technologies has partnered with Pony.ai and autonomous vehicle startup Verne to roll out the first commercial robotaxi service in Europe, with operations set to start in the Croatian capital Zagreb.
Under the deal, Chinese robotaxi firm Pony.ai will supply the autonomous driving technology, while Croatian startup Verne will serve as the fleet owner and manage day-to-day operations, the companies said on Thursday. Continue reading “Uber, Pony.ai and Verne team up to launch Europe’s first robotaxi service in Croatia”
SEOUL,(Reuters) – Hyundai Motor on Thursday said it would seek to more than double its China sales in the medium term and it planned to launch 36 new models in the North American market by 2030.
Here are some details: Continue reading “Hyundai Motor aims to double China sales, launch 36 new models in North America”
Summary
PARIS/STOCKHOLM, (Reuters) – Petrol price spikes triggered by the war in Iran are boosting used electric vehicle sales across Europe, online car platforms told Reuters, in an early sign that pain at the pump is pushing consumers away from combustion engines.
“There is currently an electric car bonanza in the used market,” said Terje Dahlgren, an analyst at Norway’s largest used-car marketplace Finn.no, adding that EVs have recently overtaken diesel models as the site’s best-selling fuel type. Continue reading “Used EV sales jump in Europe as Iran war drives up petrol prices”
SEOUL, (Reuters) – General Motors which received a South Korea government rescue package in 2018 to stay in the Asian country, said on Wednesday it plans to invest $600 million in its local unit to upgrade manufacturing facilities and products.
The U.S. automaker is adding a $300 million investment to another $300 million spending plan announced in December, it said.
The investment will go towards modernising its two plants in South Korea by adopting the latest models of press machines, GM said. The funds will also be spent on upgrading production capabilities, improving product quality and boosting technological competitiveness for small-size sport utility vehicles at its plants in South Korea. Continue reading “GM to invest $600 million in its South Korean unit”
BERLIN, (Reuters) – Czech carmaker Skoda, which is owned by Volkswagen , will withdraw from the Chinese market by mid-2026 after struggling to keep up in the region’s rapid shift towards electric vehicles, the company said on Wednesday.
After serving as Skoda’s largest market for years with deliveries of over 300,000 between 2016 and 2018, sales in China dwindled to just 15,000 last year, as foreign automakers face tough competition from local brands. Continue reading “Volkswagen’s Skoda brand to end China sales this year”
Source : PTI | Data and intelligent systems will play a major role in the coming years, as they enable vehicles to improve regularly, offer data-based services, and create new revenue opportunities even after purchase for manufacturers, according to a top official of electric mobility firm Matter Motor.
The company’s founder and Group CEO Mohal Lalbhai said the auto industry is moving beyond traditional mechanical systems and the next step is software-defined mobility, where intelligence sits at the centre and keeps improving the vehicle over time.
(Reuters) – Toyota is recalling 144,200 vehicles in the U.S. as rearview camera images may not display when the vehicle is placed in reverse, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration said on Wednesday.
Here are some details:
The recall includes certain 2022-2025 Lexus NX350, NX250, 2023-2026 RX350, and 2024-2026 TX350 vehicles, according to the NHTSA. Continue reading “Toyota to recall over 144,000 U.S. vehicles over rear view camera issue, NHTSA says”
Summary
TOKYO, (Reuters) – Sony Honda Mobility, the joint venture between Japanese electronics giant Sony and automaker Honda, said on Wednesday it would halt development of its Afeela electric vehicles after Honda joined rivals in scaling back its EV ambitions.
Honda said earlier this month it would take a writedown of as much as 2.5 trillion yen ($15.7 billion) as it trims its EV plans, pushing the company to its first annual loss in almost 70 years as a listed firm. Continue reading “Sony-Honda JV scraps Afeela EV plans after Honda strategy overhaul”
March 24 (Reuters) – Greetings from London!
We’re still only a few weeks into the war with Iran, though to carmakers and consumers alike it already feels longer – and far longer to those living in the firing line in the Gulf.
While a few weeks make it hard to gauge the impact on new car sales, a prolonged spike in fuel prices could push more consumers towards electric vehicles. Continue reading “EV envy – US car buyers want the Chinese models they can’t have”
Summary
SHENZHEN, (Reuters) – The chief executive of Chinese autonomous drive startup ZYT says the AI system his company is about to debut is already a better driver than he is on the crowded streets of Shenzhen.
ZYT, a spin-off from Chinese drone maker DJI, will demonstrate what it calls a “mobility foundation model” at the Beijing auto show in April. It’s a system CEO Shen Shaojie, 39, describes as a cost-saving departure from the way autonomous drive systems have been built and trained. Continue reading “Exclusive: ZYT readies AI that can outdrive its own CEO on Shenzhen streets”
BERLIN, (Reuters) – Volkswagen is recalling nearly 100,000 electric vehicles, of which some 28,000 are in Germany, citing problems linked to battery modules, according to the German motor vehicle authority KBA.
The recall notices affect nearly 75,000 vehicles from Volkswagen’s ID. series as well as nearly 20,000 Cupra Borns that were rolled off the line between February 2022 and August 2024. Continue reading “Volkswagen recalls nearly 100,000 EVs over battery issues”
(Reuters) – Ford Motor is recalling 254,640 SUVs in the U.S. over software issues that may result in the loss of rearview camera image and some advanced driver assistance (ADAS) features, the U.S. National Highway Traffic Safety Administration said on Tuesday.
Here are some details:
Continue reading “Ford to recall over 254,000 SUVs in the US due to software issues, NHTSA says”
(Reuters) – Zoox, Amazon’s self-driving unit, said on Tuesday it will expand its robotaxi service in San Francisco and Las Vegas, and begin testing its purpose-built robotaxis in Austin and Miami, marking its broadest push yet into the U.S. autonomous ride-hailing market.
Alphabet’s (GOOGL.O) Waymo leads the robotaxi market, while Tesla has the financial resources and manufacturing scale to expand its limited service in Austin, Texas, and plans to ramp up rapidly across the United States this year. Continue reading “Zoox to widen US robotaxi footprint with San Francisco, Vegas expansion”
(Reuters) – SpaceX is aiming to file its initial public offering prospectus with regulators later this week or next week, The Information reported on Tuesday, citing a person with direct knowledge of the plans.
Advisers involved in the preparation predict the company could try to raise more than $75 billion in the IPO, the report said. Continue reading “SpaceX aims to file for IPO as soon as this week, The Information reports”
Summary
SEOUL/YOKOHAMA, Japan, (Reuters) – The U.S. and Israeli strikes on Iran last month plunged the Middle East into crisis, disrupted global shipping routes and spawned a series of headaches for Umar Ali Hyder Ali’s used-car business in Japan.
Hyder Ali, who has lived in Japan for two decades, ships used cars from his adopted home to South Asia, the Middle East and Africa, where the vehicles are highly sought for their durability and relatively good condition, thanks to strict Japanese regulations that require regular inspections and maintenance. Continue reading “Lamborghinis stranded in Sri Lanka as war disrupts Asia’s used-car trade”
Source : PTI | GST reforms such as reducing tax rates on waste management services and biodegradable products will accelerate the adoption of eco-friendly manufacturing, strengthen waste treatment infrastructure and promote sustainable mobility solutions, the environment ministry said on Monday.
In September last year, the government introduced important changes to the GST, rationalising tax rates. While GST was reduced from 12 per cent to 5 per cent on services provided by common effluent treatment plants (CETPs), it was slashed from 18 per cent to 5 per cent on biodegradable bags. Continue reading “GST cuts to boost green mobility, lower cost of buses”
Source : PTI | The Supreme Court has emphasised the need to improve transport access for persons with disabilities (PwDs) and opined that cabs should be equipped to accommodate wheelchairs and other assistive devices.
A bench of Justices Vikram Nath and Sandeep Mehta said apps can have a provision for specified cabs which have been accordingly modified for PwDs. Continue reading “Cabs should be equipped to accommodate wheelchairs: SC”
Source : PTI | The Centre is set to approach the Cabinet with a proposal to reduce the allocation of broken rice in grains distributed under the public distribution system (PDS) from 25 per cent to 10 per cent, a move that would free roughly 90 lakh tonne of broken rice annually for the ethanol sector, Food Secretary Sanjeev Chopra said on Tuesday.
Speaking at the All India Distillers’ Association (AIDA) conference, Chopra said the proposal was aimed at providing the ethanol industry with a stable, year-round feedstock supply, reducing its dependence on whole grain stocks of the Food Corporation of India (FCI).
Continue reading “Govt to cut broken rice in PDS to free up ethanol feedstock, says Food Secretary”
Showcases 14 electrified vehicles from leading OEMs, highlighting next-generation smart mobility solutions
New Delhi, 24th March 2026: The Society of Indian Automobile Manufacturers (SIAM) has showcased its dedicated pavilion, the “Smart Integrated Automotive Mobility Lab (SIAM Lab)”, at Bharat Mandapam during the ongoing Smart Mobility India Expo 2026, being held from March 23–25, 2026.
Curated by the Society of Indian Automobile Manufacturers (SIAM), the Smart Integrated Automotive Mobility Lab (SIAM Lab), located in Hall-1, brings together leading OEMs, component manufacturers, research institutions, and technology providers to demonstrate the scale, depth, and innovation shaping the future of mobility in India. Continue reading “SIAM Highlights Future of Smart and Sustainable Mobility at Smart Mobility India Expo 2026”
