New Delhi : Maruti Suzuki India Limited (“Maruti Suzuki”) announced the signing of a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (“IOCL”), India’s leading energy company, to establish vehicle service facilities at several IOCL fuel retail outlets across the country.

Customers can get routine maintenance, minor repairs, and even major services* at these facilities, making car care easier and more accessible. The initiative will further strengthen Maruti Suzuki’s service network, which already spans over 5,780 service touchpoints across 2,882 cities in India. Continue reading “Maruti Suzuki collaborates with Indian Oil Corporation Limited to further expand nationwide service reach”

Indian automaker Maruti Suzuki said on Monday it plans to add up to 1 million units of annual production capacity after buying land worth about $550 million, expanding manufacturing to meet rising domestic auto demand.

The country’s top carmaker by sales has an order backlog of about one-and-a-half months for its entry-level models, its marketing and sales head Partho Banerjee said on January 1. The company had also said then that its sales to domestic dealers were up 37% in December to a record 178,646 units. Continue reading “Maruti Suzuki to boost capacity by 1 million units in India expansion”

BEIJING, (Reuters) – The European Union will issue guidelines on submitting minimum price plans for Chinese exporters of electric vehicles, China’s commerce ministry said on Monday. Continue reading “EU to issue guidelines on Chinese EV minimum price plans, China says”

Summary

• GM adapts product plans due to regulatory shifts
• Barra emphasizes EVs as superior product despite challenges
• Automakers, including Ford, pull back from EV investments

DETROIT, (Reuters) – General Motors CEO Mary Barra said the Trump administration’s push to loosen fuel-economy rules has affected the automaker’s business even more than its fast-changing trade policies.

Speaking at an Automotive Press Association event ahead of this week’s Detroit auto show, Barra said the administration’s regulatory shifts, such as killing a $7,500 electric-vehicle tax credit and moving to roll back tailpipe-emissions rules, prompted GM to rapidly adapt its product plans. Continue reading “GM CEO says EVs still the ‘end game’ despite industry pullback”

(Reuters) – German carmaker Volkswagen saw a 4.9% decline in vehicle deliveries in the fourth quarter of 2025, driven by lower demand in North America and China, the company said on Monday.

The company delivered 2.38 million vehicles in the quarter, compared with 2.50 million units the same period a year ago. Continue reading “Volkswagen’s fourth-quarter deliveries decline as Chinese, US demand softens”

Summary

• Uber faces over 3,000 similar lawsuits, but trial is first in US federal court
• Outcome could impact resolution of remaining lawsuits
• Uber argues drivers are independent contractors, says it is not liable for their actions

(Reuters) – Uber is set to face trial this week in Phoenix, Arizona, in a lawsuit brought by a woman who says she was sexually assaulted by a driver she booked through the app.

The trial will be the first test of Uber’s efforts to shield itself from liability for alleged assaults committed by its drivers, with thousands of cases pending in U.S. federal court. Continue reading “Uber faces sexual assault trial in Arizona that puts its safety record under scrutiny”

Source : PTI | Minister for Electronics and Information Technology Ashwini Vaishnaw arrived in Washington DC on Sunday to participate in a critical minerals meeting hosted by US Treasury Secretary Scott Bessent.

Bessent will host a meeting of the Group of Seven finance ministers in Washington to discuss critical minerals. The G7 includes Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, as well as the European Union. Continue reading “Ashwini Vaishnaw arrives in Washington to participate in critical minerals meeting”

Source : PTI | Swedish luxury carmaker Volvo is committed to an all-electric future, clocking one EV out of every four cars sold in India, although GST 2.0 has made its mild-hybrid SUVs even more compelling for customers, according to a senior company official.

The implementation of GST 2.0 has been a significant catalyst, and it has streamlined the luxury segment by rationalising the tax structure, Volvo Car India Managing Director Jyoti Malhotra told PTI in an emailed interview. Continue reading “Committed to all-electric future, GST 2.0 made mild-hybrid SUVs more compelling: Volvo Car India MD”

Source : PTI | Kerala witnessed a 12.8 per cent increase in the number of vehicles registered in the state in 2025, with registrations of electric vehicles seeing a major surge, officials said on Thursday.

In a statement, the Motor Vehicles Department (MVD) said a total of 8,78,863 vehicles were registered in the state in 2025, compared to over 7.79 lakh in 2024, recording a rise of 12.8 per cent.

Continue reading “Kerala vehicle registrations up 12.8% in 2025, EV numbers surge”

Source : PTI | Uttar Pradesh Chief Minister Yogi Adityanath on Friday said the inauguration of Ashok Leyland’s electric vehicle (EV) manufacturing plant here reflects growing investor confidence in the state under Prime Minister Narendra Modi’s leadership.

Defence Minister Rajnath Singh and Union Heavy Industries Minister H D Kumaraswamy were also present at the event. Continue reading “Adityanath hails Ashok Leyland EV plant as symbol of UP’s industrial turnaround”

WASHINGTON, (Reuters) – California Governor Gavin Newsom is proposing $200 million in new state electric-vehicle tax rebates after Congress earlier this year ended a federal $7,500 state tax deduction on new EVs, the state said on Friday.

In late 2024, Newsom said if President Donald Trump eliminated a federal EV tax credit, he would propose creating a new version of the state’s Clean Vehicle Rebate Program that ended in 2023 and spent $1.49 billion to subsidize 586,000 vehicles over a decade. EV sales fell sharply in the final three months of 2024 after the federal tax credit expired on September 30. Continue reading “California governor proposes $200 million in new state EV tax rebates”

GUANGZHOU, China, (Reuters) – Chinese automaker Xpeng said it wanted to become better known as a “physical AI” company rather than just a carmaker, as it gears up to launch street trials of robotaxis and start mass producing humanoid robots later this year.

Robots and autos are the core of physical artificial intelligence and share a wide range of existing sensor tech and other hardware. Automakers, for example, are creating robots to automate warehouse and factory tasks. Continue reading “Chinese automaker Xpeng touts AI pivot in face of fierce competition”

Summary

• China’s 2025 car sales +3.9% y/y vs 0% growth forecast for 2026
• Domestic demand faded while exports beat estimates
• Strong EV growth unlikely to continue, association chief says
• Revised subsidy to weigh on budget carmakers

BEIJING, (Reuters) – China’s car sales are expected to be flat this year, extending a downtrend, while robust electric vehicle exports in 2025 are unlikely to be sustained, a Chinese industry association said on Friday.

Car sales in the world’s largest auto market were up 3.9% in 2025, slowing from growth of 5.3% in 2024 and the slowest in three years, data from the China Passenger Car Association showed. Continue reading “China car sales may stagnate in 2026, strong EV export growth unlikely to last”

(Reuters) – German carmaker BMW on Friday reported declining sales in the final quarter of 2025, dragged by weaker demand in the United States and China.

BMW group achieved quarterly sales of 667,981 vehicles, down 4.1% compared with the same quarter a year ago.

While sales in Europe grew by 4%, they dropped in the United States and China by 4.6% and 15.9%, said the carmaker. Continue reading “BMW reports Q4 sales decline on weaker demand in US and China”

Summary

• Polestar’s sales rise 27% in Q4; 60,119 cars sold in 2025
• Focus squarely on Europe, Polestar CEO says
• Carmaker got $900 million financing lifeline in December

STOCKHOLM, (Reuters) – EV maker Polestar reported a sharp rise in fourth-quarter vehicle sales on Friday, helped by its recent strategy of focusing on Europe.

The company’s sales rose 27% to 15,608 vehicles sold in the fourth quarter. It sold 60,119 cars throughout the year. Continue reading “Polestar’s EV sales jump as ‘All about Europe’ strategy pays off”

Summary

• AI and partnerships aim to reduce costs and speed deployment
• Western automakers pressured by China’s autonomous driving advancements
• Nvidia’s open-source platform seen as Tesla rival

LAS VEGAS, (Reuters) – The short history of the self-driving car industry has been littered with expensive failures and endless delays, but tech suppliers, chipmakers including Nvidia and some automakers are betting on AI and a web of partnerships to spark new progress.

Many interested automakers, however, still have major questions. Apart from concerns about high costs and scalability, they want to know if there is enough customer demand to make money out of an expensive wager. Continue reading “Focus: Nvidia and auto suppliers roll out partnerships to rekindle self-driving push”

Summary

• GM’s $6 billion charge linked to EV investment reduction
• Most of the writedown tied to supplier payouts for canceled work
• GM is latest automaker to walk back EV plans after federal policy changes

DETROIT, (Reuters) – General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from EVs in response to the Trump administration’s policies and fading demand.

The charge stems from reducing its planned EV production and the fallout on the supply chain, GM said in a regulatory filing, and comes weeks after rival Ford Motor announced a similar but much bigger charge. Continue reading “GM to take $6 billion writedown on EV pullback”

Summary

• SGX to offer fast-track Nasdaq dual-listing from mid-2026
• Initiative to cut procedural costs, complexity of dual listing
• Market value threshold, thin liquidity seen as limiting take-up

SINGAPORE, (Reuters) – A Singaporean initiative to boost the IPO market with a fast-track route to a Nasdaq dual listing has garnered a warm response from potential issuers, though bankers caution thin liquidity and a high valuation requirement could limit take-up.

The initiative, announced on November 19, will let companies list simultaneously on the Singapore Exchange and Nasdaq using a single prospectus in their application, cutting the cost and complexity of a second listing that firms pursue primarily to access capital from a broader investor base. Continue reading “Singapore’s Nasdaq link draws interest, but threshold and liquidity may limit take-up”

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• Milestone highlights the strength of India’s automotive manufacturing ecosystem

New Delhi : Maruti Suzuki India Limited (“Maruti Suzuki”) has produced over 22.55 lakh units in CY 2025, its highest-ever production in a calendar year. This is the second consecutive year that the Company has exceeded 20 lakh units in annual production. The production includes vehicles for domestic sales, exports and OEM supplies. The top five models by production volume during the year were Fronx, Baleno, Swift, Dzire and Ertiga. This milestone reflects the Company’s strong focus on delivering products in line with customer demand across domestic and international markets. Continue reading “Maruti Suzuki produces a record over 22.55 lakh vehicles in CY 2025”

• Volkswagen India confirms the all-new Tayron R-Line as its new flagship 7-seater SUV, with launch scheduled for Q1, 2026
• Tayron R-Line blends a global premium appeal with exclusive R-Line enhancements, elevating aspirations through world-class design, comfort, and technology

Mumbai: Volkswagen India officially confirmed the arrival of its latest flagship SUV, the all-new Tayron R-Line, scheduled for launch in quarter one of 2026. With the introduction of Tayron R-Line, the brand will cater to the premium 7-seater SUV customers, who are seeking the luxury of space, premiumness and comfort.

Mr. Nitin Kohli, Brand Director, Volkswagen India, commented, “As we build a premium portfolio of products, we continue catering to the evolving aspirations of Indian car buyers. The all-new Tayron R-Line is the authentic flag-bearer that will drive this vision for Indian consumers. Ensuring competitiveness, we will be locally assembling this SUV at our plant in Chhatrapati Sambhajinagar.” Continue reading “Volkswagen India announces the introduction of its latest flagship SUV – the all-new Tayron R-Line”

(Reuters) – Rivian Automotive is recalling 19,641 previously serviced R1S and R1T electric vehicles in the U.S., citing incorrectly assembled rear toe link, the U.S. National Highway Traffic Safety Administration said on Thursday.

The automaker will replace the rear toe‑link bolts free of charge, NHTSA said. Continue reading “Rivian recalls nearly 20,000 US vehicles over improperly reassembled toe link”

(Reuters) – Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday.

The software will be updated by a dealer or through an over-the-air (OTA) update, free of charge, NHTSA said. Continue reading “Volvo Cars recalls over 413,000 US vehicles due to rearview camera issue”

Summary

• New mid-size SUV touts range of 810 km (503 miles)
• EX60 can add 340 km of range in 10 minutes
• Volvo to launch the car on January 21
• Certain EX30s face recall due to overheating risk

STOCKHOLM, (Reuters) – Volvo Cars’ new electric mid-sized SUV, which launches later this month, will offer a driving range of up to 810 km (503 miles) on a single charge, the Swedish automaker said on Thursday, as it seeks to win over buyers sceptical of EVs.

Carmakers globally have struggled to accelerate electric vehicle (EV) adoption as consumers remain wary of limited charging infrastructure and the risk of running out of power on long journeys lead many to opt for plug-in hybrids instead. Continue reading “Volvo Cars aims to tackle range anxiety with new mid-size electric SUV”

ISTANBUL, (Reuters) – China’s Dongfeng Motor is in talks with an investor about producing passenger cars in Turkey, the company’s Turkish distributor said.

Turkey, with annual sales of 1.4 million vehicles, is a relatively large market and has custom free trade with the EU. Car imports to Turkey from China are subject to extra taxes and Chinese car manufacturers including Chery have been seeking to set up production with local partners. Continue reading “China’s Dongfeng in talks to produce passenger cars in Turkey, local distributor says”

Summary

• Arm reorganizes into three main business lines, including Physical AI
• Physical AI unit to focus on robotics and automotive sectors
• Arm sees robotics as a significant growth opportunity, plans to expand staff

(Reuters) – Chip technology company Arm Holdings has reorganized the company to create a Physical AI unit to expand its presence in the robotics market, company executives told Reuters at CES, where robots are a theme of the year.

The decision to create a unit that specializes in robotics arrives amid a flurry of announcements and activity at CES around humanoid robots. At the sprawling Las Vegas trade show, large and small companies demonstrated robots that could help build cars, clean toilets and deal games of poker – at a glacial pace. Continue reading “Exclusive: Arm launches ‘Physical AI’ unit, joining rush to robotics by tech and automakers”

Summary

• First Brands has just $190 million left from $1.1 billion bankruptcy loan
• Company exploring options for further financing and asset sales
• First Brands is investigating fraud and trying to stabilize its business

Bankrupt auto-parts maker First Brands could run out of cash by the end of the month, and it is seeking additional funding from its lenders and pursuing near-term asset sales in order to buy more time to restructure a business that has been plagued by fraud allegations, its attorneys said Wednesday.

First Brands has $190 million in remaining cash after borrowing $1.1 billion to start its bankruptcy, the company’s attorney Sunny Singh said at a court hearing in Houston, Texas. That cash will only sustain business operations through the end of January, which could undermine the company’s efforts to investigate fraud in its pre-bankruptcy financing agreements, Singh told U.S. Bankruptcy Judge Christopher Lopez, who is overseeing the company’s Chapter 11. Continue reading “First Brands runs low on cash as fraud investigations mount”

(Reuters) – Auto parts supplier First Brands said on Wednesday it has launched a marketing and sale process for its business as a whole or in parts, as it works to emerge from Chapter 11 bankruptcy.

The company, which makes filters, brakes and lighting systems, had filed for bankruptcy protection in September last year. Continue reading “First Brands launches sale process amid plans to exit Chapter 11”

Summary

• Ford’s Level 3 system to debut on new electric vehicle platform in 2028
• System will be available for additional, undetermined fee
• Company looks to reduce cost, improve speed and quality by building in-house

LAS VEGAS, (Reuters) – Ford Motor said on Wednesday it would bring Level 3 driver-assistance systems to market in 2028, allowing drivers to take their hands and eyes off the road while operating on certain highways.

The technology will first be available on Ford’s new electric vehicle platform being developed by a specialized team in California, the company said, with plans to expand to other vehicles in the future. The first model on the platform is a midsize EV truck slated to launch in 2027 at a targeted $30,000 price-point that will feature advanced software systems not currently available on other Ford models. Continue reading “Ford to offer its first eyes-off driver-assistance system in 2028”

Summary

• New longer range SU7 to hit market in April
• Facelift EV will be more expensive than previous version, cheaper than Tesla
• Safety highlighted amid public criticism
• SU7 was first launched in March 2024

BEIJING, (Reuters) – China’s Xiaomi began taking pre-orders on Wednesday for an upgraded version of its SU7 model, aiming to boost the popularity of the company’s best-selling electric sedan in the highly competitive Chinese market.

Xiaomi’s announcement comes as it faces increased public criticism over safety standards following a number of accidents. Other EV makers including Xiaomi’s rivals Tesla and BYD have also come under scrutiny after accidents and recalls. Continue reading “Xiaomi begins pre-orders for spruced up version of SU7 sedan, stresses safety features”

Jan 7 (Reuters) – More than 30 companies across the automotive supply chain have agreed to collaborate on open-source software to develop next-generation cars and cut costs, the German industry lobby behind the initiative said on Wednesday.

Germany’s VDA announced the expansion of the initiative at the CES trade show in Las Vegas, where carmakers and suppliers are betting on AI and software to revive an industry struggling with slow progress and high costs. Continue reading “Auto industry expands open-source pact to boost development, cut costs”

BERLIN, (Reuters) – German carmaker BMW reported a 3.4% decline in sales in the United States in the fourth quarter of 2025 as demand for electric vehicles weakened further.

BMW sold 113,512 vehicles in the U.S. in the final three months of the year, down from 117,506 a year earlier, the company said in a statement. Continue reading “BMW reports sliding sales in US in final quarter of 2025”

BERLIN, (Reuters) – Problems with the rearview mirror have forced Porsche and now parent company Volkswagen to recall over half a million vehicles collectively in the United States, where the National Highway Traffic Safety Administration announced the latest round of measures on Tuesday.

Volkswagen Group of America, including its Audi subsidiary, is recalling 356,649 vehicles in the U.S. due to a software error that can lead to problems displaying the rearview camera image, the NHTSA said. Continue reading “Volkswagen and Porsche recall over 500,000 US vehicles with rearview camera glitch”

Summary

• BYD UK registrations surge nearly 5-fold last month -New AutoMotive
• Overall UK new car sales hit 2 million mark in 2025 -SMMT
• Chinese brands MG, BYD among UK’s top 10 best-selling car brands in December -SMMT

(Reuters) – Tesla’s UK car registrations dropped by more than 29% year-on-year in December, industry data showed on Tuesday, underscoring the intense competition from Chinese rivals faced by the U.S. electric vehicle maker in its largest European market.

The Elon Musk-led company’s UK registrations – a proxy for sales – fell to 6,323 units last month, according to New AutoMotive data. For 2025, Tesla’s UK sales fell 8.9% year-on-year. Continue reading “Tesla UK car sales slump 29% in December as Chinese brands gain ground”

ISTANBUL, (Reuters) – Turkey’s car and light commercial vehicle market climbed to an all-time high in 2025, with nearly one in six cars sold being fully electric, industry data showed on Wednesday.

Despite high taxes and tight financing conditions, sales rose 10.5% to 1.37 million units last year, according to the Automotive Distributors and Mobility Association (ODMD). December alone saw a 12.6% increase to 191,620 units, according to the data. Continue reading “Turkey auto market hits record in 2025 as EV sales surge”

SEOUL, (Reuters) – Shares of Hyundai Motor rallied on Wednesday by as much as 14.9% to hit a record high in morning trade, outperforming the benchmark KOSPI’s 1.2% gain amid market speculation about a potential deeper tie-up with Nvidia.

Shin Yoon-chul, an analyst at Kiwoom Securities, said Hyundai’s announcement about the planned deployment in its factories of Atlas humanoid robots, made at the Consumer Electronics Show in Las Vegas, was insufficient to fully explain the rally. He noted that robot production is planned at around 30,000 units by 2028 and that the Atlas product was showcased only as a static mock-up display. Continue reading “Hyundai Motor shares rise 15% to hit record high amid Nvidia tie-up speculation”