• Sold 20,028 cars in Q1 2026, marking its best-ever quarter
• A jump of 17% from the same period in 2025
• Continues its record-breaking momentum from its Biggest Year in 2025
• Growth driven by enhanced product portfolio and expanding market reach

Mumbai, April 01, 2026 – Škoda Auto India continues its strong growth trajectory into 2026, recording its highest-ever quarterly sales in Q1 (January–March) with 20,028 units sold. This is a growth of 17% over the 17,138 cars sold in the same period last year. Building on a landmark 2025, Škoda Auto India has sustained its growth surge and is continuing to break its own records, further accelerating its momentum in the Indian market. Škoda Auto India’s performance has been led by the strong and consistent demand for the Kylaq, which recently crossed the 50,000 sales milestone, the introduction of the new Kushaq, steady contribution from the Slavia, and the continued demand for the Kodiaq in the premium SUV segment.  Continue reading “Škoda Auto India continues surge; records highest-ever quarterly sales in Q1 2026”

PARIS, (Reuters) – Chery is looking to expand car production in Europe through partnerships with other automakers allowing it to use existing factories, top executives at the Chinese carmaker said ​at an event in Paris.

“The company is looking for other production capacities in ‌Europe,” Lionel French Keogh, chief commercial officer for France for Chery Automobile told Reuters on the sidelines of a launch event for the automaker’s Omoda and Jaecoo brands in France held late on Friday. Continue reading “China’s Chery looking to expand car production in Europe, top executives say”

Source : PTI | The ceasefire in West Asia is expected to help lift market sentiments in India, making luxury car customers who held back purchases to come back to showrooms to take deliveries, according to top officials of Mercedes-Benz, BMW Group and Audi in the country.

Having resorted to stocking up of parts and kits, the luxury carmakers hope that the pressure on supply chain will be eased while looking forward to a return to normalcy at the earliest. Continue reading “Luxury carmakers hope West Asia ceasefire will lift consumer sentiment”

Source : PTI | In a far-reaching move, the Delhi government on Saturday proposed a hugely reformist electric vehicle policy, which includes zero registration fee and road tax on EVs priced up to 30 lakh, massive proliferation of charging stations and a ₹1 lakh incentive on purchase of new EVs upon scrapping old vehicles.

The draft policy, which also requires at least 10 per cent of school buses to be electrically powered within two years, is largely aimed at reducing vehicular emissions, which have made Delhi one of the most polluted cities in the world.

Continue reading “Delhi’s push for clear air: No tax on EVs up to ₹30 lakh, only electric 2-wheelers from Apr 2028”

Source : PTI | The national capital saw a 29 per cent rise in electric vehicle registrations in 2025-26 compared to the previous year, while petrol vehicle registrations continued to grow, data analysed by Envirocatalysts has showed.

Experts say the new electric vehicle (EV) policy and recent trends point to a further increase in EV purchases in the coming years. Continue reading “EV registrations jump 29% in Delhi, petrol vehicles still dominate: Analysis”

(Reuters) – Hyundai Motor ​America is recalling 294,128 vehicles ‌in the U.S. due to a defect that could ​cause seat belt ​anchors to detach, the U.S. ⁠National Highway Traffic Safety ​Administration said on Friday.

Here are ​some details:

• The recall covers Hyundai Ioniq 6, Genesis G90, Hyundai ​Santa Fe, and Hyundai ​Santa Fe Hybrid vehicles, the NHTSA ‌said.
• A ⁠detached seat belt anchor may fail to properly restrain an occupant, increasing ​the risk ​of ⁠injury in a crash, according to the ​auto regulator.
• The agency ​said ⁠that dealers will inspect and reinforce or replace ⁠the ​seat belt anchors, ​as necessary.

Continue reading “Hyundai to recall over 294,000 US vehicles over seat belt anchor defect”

Summary

• SpaceX’s IPO would vault it to the top of many valuation categories
• But some fans say standard thinking about the firm’s peers overstates its risk
• They contend the key factor is SpaceX’s competitive position in hot markets
• NEW YORK, (Reuters) – Wall Street is reaching for some unusual yardsticks to price Elon Musk’s SpaceX.

At least one of SpaceX’s large institutional investors is privately benchmarking the rocket and satellite company not against aerospace rivals like Boeing (BA.N), opens new tab or telecom giants like AT&T but against market darling Palantir Technologies and AI infrastructure plays like GE Vernova and Vertiv – in a bid to ​justify a $1.75 trillion valuation ahead of what could be the largest IPO in history.

The framework, described to Reuters for the first time by a source familiar with the company’s thinking, illustrates the unusual challenge of pricing a company with no obvious ‌public peers – and the lengths to which Wall Street is going to rationalize a premium valuation. Continue reading “The unconventional logic behind SpaceX’s $1.75 trillion price tag”

Summary

• Indian state raises minimum wages in first such move after Iran crisis
• Disrupted gas supplies mean higher food prices, workers say
• Protests in Indian auto hub had triggered widespread concerns
• Some companies are offering meals, bonuses to keep staff

MANESAR, India, (Reuters) – India’s auto-making state of Haryana ordered a 35% hike ​in minimum wages on Friday, after factory workers boycotted work and staged protests this week over rising living costs as a result ‌of the U.S.-Israeli war on Iran.

Haryana’s government said it was raising the minimum wage for unskilled workers to $165 per month, from roughly $120, effective April 1, a move that helps workers but will raise cost pressures for India’s auto industry at a time of rising input prices and supply chain disruptions. Continue reading “Indian auto hub hikes minimum wage after protests over soaring costs due to Iran war”

Summary

• Nod comes after 18 months of testing and analysis
• Dutch regulator to seek broader European approval
• Wider adoption in Europe likely to boost Tesla vehicle sales -analyst

AMSTERDAM/SAN FRANCISCO, (Reuters) – Dutch regulators approved the use ​of Tesla’s self-driving software with required human supervision on highways and city streets in a European first for the electric ‌car maker, which hopes to see similar action from the rest of the European Union.

Wide FSD adoption is central to Tesla’s growth strategy. Much of the company’s $1 trillion valuation hinges on Chief Executive Elon Musk’s bet that artificial‑intelligence-driven self‑driving software and robotaxis will become a major revenue stream. Continue reading “Tesla’s supervised self-driving software gets Dutch okay, first in Europe”

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Volkswagen Taigun Facelift Debuts in India: Incremental Evolution or Strategic Reset? WAF Continue reading “WAF Auto News | The Auto World This Week (10th April 2026)”

Summary

• Used Polestar sales up 47% in Q1
• Financial forecast expected in Q4 earnings report
• US sales decline to 5.6% of total amid strong competition and economic ​pressures

(Reuters) – Polestar CEO Michael Lohscheller said on Thursday used-car sales were exceeding those of new vehicles, as a jump in gasoline and diesel prices from the war ​in Iran drives customers toward less-expensive EV options.

Used electric vehicles sales in ​Europe have been boosted by the war in Iran, online ⁠car platforms told Reuters last month. Continue reading “Polestar CEO talks up used-car market as higher fuel prices spur shift to cheaper EVs”

Source : PTI | German auto major Volkswagen group is targeting 5 per cent market share in the Indian passenger vehicles market before the turn of the decade with alternative fuel technologies slated to play a key role in achieving the target, a senior company official said on Thursday.

The group, which in 2018 announced its India 2.0 strategy led by group brand Skoda had set a target to achieve 5 per cent market share by 2025 but missed it due to events like the COVID-19 pandemic, currently has about 2.5 per cent share in India.

Continue reading “Volkswagen group eyeing 5% market share in India before turn of decade: SAVWIPL MD & CEO”

Summary

• Compact SUV is in early development stage, sources say
• Car would be shorter than Model Y, and would be built in China, sources say
• Tesla didn’t respond to Reuters questions about its plans for a new vehicle

(Reuters) – Tesla is developing an all-new smaller, cheaper electric SUV, four people familiar with the matter told Reuters.

The automaker has contacted suppliers in recent weeks to discuss details of the plan for the compact SUV – which would be a new vehicle and not a variant of Tesla’s current Model 3 or ​Y, the people said. The conversations involved the manufacturing process and specifications for various components, they said. Continue reading “Tesla is developing a new smaller, cheaper EV, sources say”

BERLIN, (Reuters) – Mercedes-Benz reported a sales slump at the start of 2026 as the ​tough Chinese market continued to pressure the German ‌premium carmaker during an overhaul of its model lineup to regain lost ground.

First-quarter sales in the company’s core car business fell 6% to ​419,400 vehicles globally from the same period a ​year ago, it said in a statement on ⁠Thursday. Continue reading “Mercedes Q1 sales down in tough ‘transition year’ for China business”

BEIJING, (Reuters) – Car exports, an increasingly important source of growth for China’s hyper-competitive auto sector, picked up ​pace in March despite shipment disruptions from the crisis in ‌the Middle East, one of the industry’s key overseas markets.

Exports grew 73.7% from a year earlier to nearly 700,000 vehicles last month, faster than the 54.1% in the first two months, ​data from the China Passenger Car Association showed on Thursday. Continue reading “China’s car exports accelerate despite disruption from Mideast crisis”

(Reuters) – General Motors is recalling 271,770 ​cars in the ‌U.S. over an issue with the ​rearview camera, ​the U.S. National Highway ⁠Traffic Safety ​Administration (NHTSA) said on Wednesday.

Here ​are some details:

• Recall includes Chevrolet Malibu sedans, NHTSA ​said.
• The rearview ​camera screen may display a ‌distorted ⁠or blank image, reducing the driver’s view behind ​the ​vehicle, ⁠according to the NHTSA.
• The agency ​said that ​dealers ⁠will inspect and replace the ⁠rearview ​camera.

Continue reading “General Motors recalls over 270,000 cars in US over rearview camera issue”

BEIJING, (Reuters) – Chinese electric truck startup Windrose said ​it had made the ‌first delivery of its long‑haul electric heavy truck in ​the United States, marking ​a key step in ⁠its global expansion.

The vehicle, ​priced at $285,000, was handed ​over to Texas logistics firm Allogic and charging partner Greenspace through ​Windrose’s American partner ​on April 1, the company said ‌in ⁠a statement on April 3. Continue reading “Chinese electric truck maker Windrose makes first US delivery”

Summary

• Opel-branded electric SUV to be made in Spain, sources say
• Production expected to start in 2028, targeting 50,000 vehicles a year
• Deal would help Stellantis cut the cost and time to develop new EV model

SHANGHAI/MILAN, (Reuters) – Stellantis is in advanced talks with Leapmotor to jointly develop an Opel-branded electric SUV that ​would use the Chinese automaker’s technology and be produced at Stellantis’ Zaragoza plant in Spain, three sources told Reuters.

The deal, if finalised, ‌would help Stellantis cut the cost and time to develop a new EV model, as the French-Italian automaker shifts focus to petrol-electric hybrid cars. Earlier this year it announced a $25 billion writedown related to scaling back its EV plans. Continue reading “Stellantis in advanced talks to develop Opel EV with China’s Leapmotor, sources say”

WASHINGTON, (Reuters) – U.S. carmakers say rules under consideration by Brussels could ​keep full-size pickup trucks including the Ford F-150, the Chevy ‌Silverado and the Ram 1500 off European roads, according to a letter seen by Reuters.

Andrew Puzder, the U.S. ambassador to the bloc, told the Financial Times that ​the EU plans to change safety rules that could breach ​the spirit of the trade deal struck in August between the United ⁠States and the EU if they prevented some American vehicles from ​being sold in Europe. Continue reading “US carmakers say proposed EU rules could block large pickup trucks from Europe”

SEOUL, (Reuters) – South Korean automaker Kia Corp plans to boost its investment ​plan over the next four years by 30% to boost ‌vehicle electrification, software and other new businesses, according to an investor presentation on Thursday.

The company plans to raise its investments to 41.4 trillion won ($27.95 ​billion) from 2026 to 2029, it said. Continue reading “Kia boosts investment plan by 30% over the next four years; shares fall”

Source : PTI | China on Tuesday announced an increase in gasoline and diesel prices for the second time in about a fortnight due to rising international oil prices triggered by the ongoing war in West Asia.

China’s top economic planner, the National Development and Reform Commission (NDRC), announced that the new round of price hikes will take effect from Wednesday. Continue reading “China hikes gasoline, diesel prices for second time in fortnight”

Source : PTI | Maharashtra Chief Minister Devendra Fadnavis said on Wednesday that Vietnam-based Vingroup has committed to investing $8.5 billion in the state over the next two years in projects, including electric mobility solutions, social and public infrastructure, tourism and entertainment.

The projects have the potential to create nearly 24,700 jobs, he said. Continue reading “Vietnam’s Vingroup to invest $8.5 billion in Maharashtra: Fadnavis”

Source : PTI | Interest rate-sensitive realty, auto and bank stocks were in high demand on Wednesday, a day when the Reserve Bank of India kept its key policy rate unchanged, adopting a wait-and-watch stance as policymakers assessed the fallout from the Iran conflict on energy supplies, inflation and growth.

A sharp rally in the broader equity market also aided buying in these stocks. Continue reading “Auto stocks surge up to 12% after RBI holds rates steady”