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Vivek Sahai

Vivek Sahai

With 28+ years of experience in automotive paint refinishing, Vivek Sahai currently leads the vehicle refinish aftermarket business at JSW Dulux, formerly Akzo Nobel India Ltd. He drives strategic growth across repairer networks, OEM collaborations, and insurer partnerships, bringing deep industry expertise and a strong focus on strengthening the automotive coatings ecosystem across India and cluster markets.

A science graduate with an MBA, Vivek Sahai enhanced his “leadership” credentials through executive certification at IIM Kolkata. His career  journey, starting at Asian Paints and continuing at AkzoNobel, has been  marked by transformative contributions to the industry. Continue reading “Vivek Sahai”

Rajeev Chaba

Rajeev Chaba

Rajeev Chaba is one of the most experienced leaders in India’s automotive industry, with over three decades of global exposure across sales, marketing, and business transformation. Best known for his leadership at MG Motor India, he played a defining role in establishing the brand in India and shaping its rapid growth trajectory.

As President and Managing Director, and later CEO Emeritus, Chaba led MG Motor India in a startup-like environment, successfully launching multiple products within a short span while positioning the brand around technology, connected mobility, and electric vehicles. His leadership emphasized innovation, diversity, and customer-centric thinking, helping MG emerge as a disruptive force in the Indian automotive market. Continue reading “Rajeev Chaba”

Anurag Mehrotra

Anurag Mehrotra

Anurag Mehrotra is a seasoned automotive leader with over three decades of experience spanning sales, marketing, strategy, and business transformation within the Indian mobility ecosystem. Widely recognized for his long association with Ford Motor Company, he played a pivotal role in shaping the company’s India journey, including serving as President and Managing Director of Ford India.

His leadership tenure was marked by a strong focus on customer-centricity, brand positioning, and operational efficiency in a highly competitive market. Mehrotra was instrumental in strengthening Ford’s retail presence, enhancing customer experience frameworks, and aligning global product strategies with Indian market realities. His approach consistently emphasized balancing global brand values with local consumer expectations. Continue reading “Anurag Mehrotra”

Vishal Bhat

Vishal Bhat

Vishal Bhat is an experienced automotive professional with a strong foundation across sales, service, network development, and parts business within the Indian automobile industry. Currently associated with Škoda India, he operates at the core of dealer ecosystem development and aftersales performance, contributing to how the brand is experienced beyond the point of purchase.

His career reflects a deep operational understanding of the automotive value chain, particularly in areas that directly influence customer satisfaction and long-term brand loyalty. By working closely with dealer networks and service infrastructure, Bhat plays a key role in ensuring consistency in execution, availability of parts, and overall service quality across markets. His approach is grounded in aligning backend efficiency with frontline customer experience, a critical factor in today’s competitive automotive landscape. Continue reading “Vishal Bhat”

Nitin Kohli

Nitin Kohli

Nitin Kohli brings over 25 years of experience across India’s mobility ecosystem, spanning tractors, mass-market vehicles, and luxury automobiles. His career reflects a consistent focus on operating at the intersection of brand, product, and customer experience, translating global engineering excellence into narratives that resonate with Indian consumers.

Kohli is focused on shaping the brand’s next phase of growth, anchored in trust, relevance, and long-term value. His approach balances Volkswagen’s global DNA with the evolving expectations of the Indian market, ensuring that brand positioning remains both authentic and adaptive. Continue reading “Nitin Kohli”

Ashish Gupta

Ashish Gupta

Ashish Gupta is a senior automotive industry professional who operates at the intersection of sales, marketing, dealer network development, and aftersales strategy within Škoda India. Based in Mumbai, he currently leads multiple critical business verticals, including revenue generation, customer lifecycle management, and network expansion, positioning him as a key contributor to the brand’s growth trajectory in the Indian market.

With a mandate that spans end-to-end commercial operations, Ashish plays a central role in aligning market demand with dealer performance and customer experience. His work involves not just driving sales numbers but building a sustainable ecosystem that integrates dealership networks, aftersales service quality, and brand consistency across touchpoints. This holistic approach reflects a deep understanding of how automotive success in India depends on both product appeal and execution excellence at the ground level. Continue reading “Ashish Gupta”

Bishwajeet Samal

Bishwajeet Samal

Bishwajeet Samal is a seasoned marketing leader with over two decades of experience across media, telecom, and automotive sectors. Currently serving as the Head of Marketing and Public Relations at Volkswagen India, he is responsible for shaping the brand’s positioning, communication strategy, and public narrative in a highly competitive market. His role involves aligning Volkswagen’s global identity with evolving Indian consumer expectations through integrated marketing and storytelling.

A significant part of his career has been spent within the Volkswagen Group, including a tenure at its global headquarters in Germany, where he led campaigns and media strategy at an international level. This global exposure enabled him to develop a structured, insight-driven approach to brand building, combining consistency with adaptability across markets. Continue reading “Bishwajeet Samal”

India auto dealers say Iran war to hit supplies

India auto dealers say Iran war to hit supplies

(Reuters) – India’s auto dealers on Monday warned of possible supply or dispatch disruptions in the near term as ​the West Asia conflict drove up raw material costs, even as ‌the fiscal year’s total sales hit a record high.

The broader operating environment is clouded by the conflict, the Federation of Automobile Dealers Associations (FADA) said in a statement. Continue reading “India auto dealers say Iran war to hit supplies”

Delhi CM Rekha Gupta launches Air Pollution Mitigation Plan 2025

Delhi CM Rekha Gupta launches Air Pollution Mitigation Plan 2025

Source : PTI | Deployment of 2,300 electric autos at metro stations, installing of mist sprayers at 13 pollution hotspots and audit of PUCC centres every six months — these are some of the features of the Air Pollution Mitigation Plan 2025 launched by Delhi Chief Minister Rekha Gupta on Tuesday.

The chief minister stressed that clean and healthy Delhi is the government’s dream and said air pollution directly affects people’s health. Continue reading “Delhi CM Rekha Gupta launches Air Pollution Mitigation Plan 2025”

Expect Suzuki Motorcycle India to contribute more to parent’s global 2W sales: MD Kenichi Umeda

Expect Suzuki Motorcycle India to contribute more to parent’s global 2W sales: MD Kenichi Umeda

Source : PTI | Suzuki Motorcycle India aims to increase its contribution to the global two-wheeler sales of parent Suzuki Motor Corporation to over 50 per cent, with its new manufacturing facility expected to enhance both domestic and export volumes, according to company Managing Director Kenichi Umeda.

In 2025-26, Suzuki Motorcycle India Pvt Ltd (SMIPL) clocked its highest-ever annual sales of 14,39,415 units, registering a growth of 15 per cent over 12,56,155 units sold in FY25. Continue reading “Expect Suzuki Motorcycle India to contribute more to parent’s global 2W sales: MD Kenichi Umeda”

Classic Legends seeks to sustain growth momentum, lines up new scrambler bike in FY27

Classic Legends seeks to sustain growth momentum, lines up new scrambler bike in FY27

Source : PTI | Premium motorcycle maker Classic Legends, owner of iconic brands Yezdi, Jawa and BSA, , is embarking on a portfolio expansion with plans to introduce new bikes in the scrambler segment to carry forward its growth momentum.

The company, which had broken into the top ten two-wheeler makers in the country by sales by volume in February this year, is seeking to consolidate its legacy of being a leader in scrambler bikes — built for off-road and street use.

Continue reading “Classic Legends seeks to sustain growth momentum, lines up new scrambler bike in FY27”

India OMCs to pay discounted rates to refiners amid fuel price freeze

India OMCs to pay discounted rates to refiners amid fuel price freeze

Source : PTI | In a first since fuel price deregulation, Indian state-run oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses from a self-imposed freeze on retail fuel prices, sources said.

The oil marketing companies (OMCs) on March 26 fixed rates for petroleum products that are at a discount of up to ₹60 per litre to their imported cost, two people with direct knowledge of the matter said. The discounted rates, which are applicable with effect from March 16, will hit standalone refiners such as MRPL, CPCL and HMEL the most. Continue reading “India OMCs to pay discounted rates to refiners amid fuel price freeze”

Anuj Guglani

Anuj Guglani

Anuj Guglani, is the powerhouse behind the World Auto Forum (WAF) — The global media house and think tank of the Auto & Mobility Industry for several decades now!
WAF is No. 1 in World Auto News as per online searches and surveys. In 2025, WAF Newswires were consumed by 85 Million+ users across the world.

In the past, he has been invited as a speaker to IIT Delhi, SIAM, University of Delhi, FADA, ASSOCHAM, AIAWA, the International Zinc Association ( IZA), ASPA, Engineering College Bhopal, Bhopal, GM Australia and WAF. He has carried out industry outreach programs with Niti Aayog, Dept of Science & Tech (DST), Meta, Uber, Renault, Hyundai, Skoda, Mitsubishi, Castrol, Exxon Mobil, NASSCOM, SMBC Nikko and many others. Continue reading “Anuj Guglani”

Pankaj Narula

Pankaj Narula

Pankaj Narula is a distinguished automotive industry leader with a rich legacy of driving customer-centric transformation and operational excellence. An academic achiever, he holds a degree in Physics from University of Delhi and an engineering qualification from King’s College London.

Over the course of his illustrious career, he has been associated with globally reputed organizations including British Aircraft Corporation, Schlumberger, Thorn EMI, British Leyland (Austin Morris Ltd.), and Maruti Suzuki India. Continue reading “Pankaj Narula”

Muralidharan Sridharan

Muralidharan Sridharan

Muralidharan Sridharan is a highly respected automotive industry veteran, currently serving as Chairman – Mobility Aftermarket and a prominent mentor to emerging ventures in the mobility ecosystem. With a career spanning decades, he has built a reputation for driving transformation across aftermarket businesses, distribution networks, and next-generation mobility solutions.

He has held several marquee leadership positions, including President of Lucas Indian Service (TVS Group), Regional President and Board Member at Bosch India, and Executive Director at Frost & Sullivan. Across these roles, he has demonstrated deep expertise in scaling organizations, strengthening supply chains, and leading high-performance teams. Continue reading “Muralidharan Sridharan”

Nikhil B

Nikhil B

Nikhil B, Managing Director of Madhus Garage Equipment, represents the third generation of a legacy that has shaped India’s automotive service ecosystem. Beginning his journey at just 15 as a hands-on tyre shop technician, Nikhil built his foundation on the shop floor—learning the nuances of alignment, balancing, and customer service from the ground up.

After completing his engineering degree and an MBA, he joined the business full-time, gaining extensive on-ground exposure across markets in India before transitioning into leadership. Today, as Managing Director, he combines traditional values with a modern, systems-driven approach to scale the organisation forward. Continue reading “Nikhil B”

Manish Vij

Manish Vij

Manish Vij, Founder & CEO of Global Assure, is a seasoned business leader with over two decades of experience across the financial services and insurance sectors. A Chartered Accountant by profession and an alumnus of IIM Lucknow, he brings a strong blend of financial acumen and strategic leadership to the table.

Over the course of his career, Manish has held key leadership roles spanning finance, operations, and risk management, with full P&L accountability. His deep understanding of business fundamentals and execution has enabled him to consistently drive growth and operational excellence across organizations. Continue reading “Manish Vij”

Amar Jatin Sheth

Amar Jatin Sheth

A post-graduate in Business Administration from SP Jain Institute of Management & Research (Class of 2002), Amar began building Group Shaman at the age of 19, guided and inspired by his father, Mr. Jatin Sheth. What started from the ground up has today grown into one of Mumbai’s most respected automobile retail groups.

Shaman is now a leading brand in automobile dealerships for Honda cars, Volkswagen & the British icon Triumph Motorcycles in Mumbai.

The group also provides Mobility & Car Rental Solutions through its venture, Shaman Mobility. It also runs a PreOwned Car division that caters to a diverse customer base across the city, offering products from all makes and models. Continue reading “Amar Jatin Sheth”

Dr. Kumar Iyer

Dr. Kumar Iyer

Dr. Kumar Iyer is a seasoned business leader with nearly three decades of experience in the coatings, adhesives, and specialty chemicals industry. He is currently serving as Chief Business Officer – Automotive & Specialty Coatings at JSW Dulux Limited (formerly AkzoNobel India Limited – Dulux Paint), where he leads growth across automotive, vehicle refinish, and specialty coatings segments.

Prior to this, he served as Regional Commercial Director for the Automotive & Specialty Coatings business across Southeast and South Asia, including ANZ, where he led regional strategy and business expansion. He also held the position of Senior Vice President – Industrial Business (Adhesives & Sealants) at Pidilite Industries Limited, driving growth and profitability across key industrial segments.

Continue reading “Dr. Kumar Iyer”

Lucid misses first-quarter vehicle delivery estimates on supplier disruptions

Lucid misses first-quarter vehicle delivery estimates on supplier disruptions

(Reuters) – Lucid Group missed expectations for first-quarter ​vehicle deliveries on Friday, hurt by a temporary sales halt ‌and recall tied to an unauthorized supplier change.

Deliveries of its electric luxury SUV Lucid Gravity were disrupted for 29 days during the quarter due to a ​supplier quality issue with second-row seats, limiting the company’s ability ​to meet customer demand.

The company said it produced 5,500 vehicles ⁠and delivered 3,093 in the quarter ended March 31. Analysts ​at Visible Alpha had expected Lucid to produce 5,967 vehicles and deliver ​5,237 vehicles. Continue reading “Lucid misses first-quarter vehicle delivery estimates on supplier disruptions”

Automakers unveil new EVs for US market despite sales downturn

Automakers unveil new EVs for US market despite sales downturn

Summary

  • Automakers face tough demand environment
  • Higher fuel prices are sparking new interest in EVs
  • EV sales remain strong in California

NEW YORK, (Reuters) – Major automakers unveiled new electric vehicles at the New York Auto Show ​on Wednesday, despite lagging consumer demand and a sharp downturn in sales after Washington eliminated a $7,500 EV tax ‌credit.

Kia said it would begin selling its lower-priced EV3 in the United States later this year, while Subaru offered a new three-row EV named the “Getaway” that can seat seven. The Japanese automaker’s family EV SUV will go on sale later this year or next year, its fourth EV ​model in the U.S. market. Continue reading “Automakers unveil new EVs for US market despite sales downturn”

Hyundai Motor flags export disruptions as Middle East conflict hits shipping

Hyundai Motor flags export disruptions as Middle East conflict hits shipping

Summary

  • Hyundai Motor sees Europe, North Africa exports disrupted by Middle East conflict
  • Higher freight costs, raw material sourcing pressures weigh on suppliers
  • Hyundai Motor warns supply chain recovery will take time even if conflict ends

PYEONGTAEK, South Korea, (Reuters) – Hyundai Motor said on Friday that exports to Europe and North Africa, which typically transit through ‌the Middle East, were being disrupted by the conflict in the region, underscoring growing strains on global supply chains.

The disruption highlights how the conflict is choking key shipping routes, driving up logistics costs, delaying deliveries and adding pressure on the automaker and its suppliers. Continue reading “Hyundai Motor flags export disruptions as Middle East conflict hits shipping”

Senators urge Trump to bar Chinese automakers from building cars in US

Senators urge Trump to bar Chinese automakers from building cars in US

Summary

  • Lawmakers say Chinese car companies pose risks to future of US auto industry
  • Automakers wrote Trump letter in March saying China poses risks
  • China says US treating Chinese car companies unfairly

WASHINGTON, (Reuters) – Three Democratic senators on Friday urged President Donald Trump to bar Chinese automakers from building vehicles in ‌the United States and to prevent Chinese cars assembled in Mexico or Canada from entering the United States.

Senators Tammy Baldwin, Elissa Slotkin and Chuck Schumer cited Trump’s comments in January in Detroit that he is open to Chinese automakers building U.S. factories. Currently, high barriers already exist for Chinese autos ​in the United States, including tariffs of around 100%, but U.S. consumers have become more interested in the vehicles, according ​to recent surveys. Continue reading “Senators urge Trump to bar Chinese automakers from building cars in US”

NCRTC sets up largest EV charging station at Anand Vihar station on Namo Bharat corridor

NCRTC sets up largest EV charging station at Anand Vihar station on Namo Bharat corridor

Source : PTI | The National Capital Region Transport Corporation (NCRTC) has commissioned the largest fast electric vehicle (EV) charging station on the Delhi-Meerut Namo Bharat corridor at Anand Vihar station.

According to a statement, the newly installed facility offers advanced fast-charging services to EV users and is aimed at promoting clean mobility while improving convenience for commuters in the region.

Continue reading “NCRTC sets up largest EV charging station at Anand Vihar station on Namo Bharat corridor”

Closely watching West Asia situation for possible impact on two-wheeler demand: Suzuki Motorcycle India official

Closely watching West Asia situation for possible impact on two-wheeler demand: Suzuki Motorcycle India official

Source : PTI | Suzuki Motorcycle India Pvt Ltd is closely watching situation in West Asia for its possible impact on sales, having witnessed good sales growth in the last fiscal, a senior company offical said on Tuesday.

The company, which launched its all-new Burgman Street scooter with prices starting at ₹1.01 lakh, has also increased prices on some select models to offset the impact of rising commodity prices, Suzuki Motorcycle India Pvt Ltd (SMIPL) Vice President- Sales & Marketing, Deepak Mutreja, told PTI. Continue reading “Closely watching West Asia situation for possible impact on two-wheeler demand: Suzuki Motorcycle India official”

Ford first-quarter US auto sales fall as affordability concerns weigh on demand

Ford first-quarter US auto sales fall as affordability concerns weigh on demand

(Reuters) – Ford Motor reported a near 9% drop in first-quarter U.S. sales ​on Thursday, as persistent affordability pressures prompt consumers to rethink ‌big-ticket purchases.

Higher financing costs, elevated sticker prices and the expiry of federal tax credits for electric vehicles have hampered demand for new cars across the ​U.S.

Ford’s truck sales declined 11.3% in the quarter ended March ​31, while sport utility vehicles fell 7.8%, reflecting weaker showroom ⁠traffic across its core lineup. Continue reading “Ford first-quarter US auto sales fall as affordability concerns weigh on demand”

Tesla eyes Japan’s top imported-car spot as it expands store, service network

Tesla eyes Japan’s top imported-car spot as it expands store, service network

Summary

  • U.S. EV maker starts taking orders for Model Y L in Japan
  • Tesla to expand to some 60 stores and 30 service centres in Japan
  • Test-drive-focused stores help ease consumer concerns

TOKYO, (Reuters) – Tesla ​plans to expand in Japan to at least 60 stores as it seeks to become the ‌country’s biggest imported car brand by as early as next year, the head of its Japan business said on Friday.

Expanded store and service centre coverage and investment in training over the past two years have helped drive Tesla’s sales growth in Japan, said country manager Richi ​Hashimoto, even as electric-vehicle adoption in the country remains modest. Continue reading “Tesla eyes Japan’s top imported-car spot as it expands store, service network”

Global Assure: Where Control Meets Care – A New Standard in RSA

Global Assure: Where Control Meets Care – A New Standard in RSA

Where Control Meets Care: A New Standard in RSA

Global Assure stands at the forefront of India’s RSA ecosystem, redefining service excellence through enhanced operational control.

Backed by a 100+ company-owned, company-operated (CoCo) fleet across PAN India, with a strong presence in the top 8 cities, Global Assure is building a more reliable and performance-driven service network. Continue reading “Global Assure: Where Control Meets Care – A New Standard in RSA”

Škoda Auto India hits record Q1 sales

Škoda Auto India hits record Q1 sales

  • 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 hits record Q1 sales”

Rivian beats quarterly delivery estimates as EV demand stabilizes

Rivian beats quarterly delivery estimates as EV demand stabilizes

(Reuters) – Rivian Automotive exceeded analysts’ expectations for first-quarter vehicle deliveries, indicating stabilized demand for its SUVs and R1T pickup trucks ​after a decline last year due to the end ‌of U.S. tax credits for electric vehicles.

The Irvine, California-based automaker said on Thursday it delivered 10,365 vehicles between January and March, surpassing estimates ​of 9,678, according to Visible Alpha. It also reiterated ​its full-year deliveries forecast of 62,000 to 67,000 vehicles. Continue reading “Rivian beats quarterly delivery estimates as EV demand stabilizes”

Centre approves proposal to expand EV charging infra in Rajasthan with ₹81 crore assistance

Centre approves proposal to expand EV charging infra in Rajasthan with ₹81 crore assistance

Source : PTI | The Centre has approved a proposal by the Rajasthan Renewable Energy Corporation Ltd to expand affordable electric vehicle (EV) charging infrastructure across urban areas and highways in the state, with a financial assistance of ₹ 81.12 crore, officials said.

Under the plan, a total of 591 EV charging stations will be set up at 262 locations across Rajasthan’s four smart cities and along key highways, strengthening the state’s EV ecosystem. Continue reading “Centre approves proposal to expand EV charging infra in Rajasthan with ₹81 crore assistance”

Bharat Taxi faces stiff competition from Ola, Uber, says Amit Shah

Bharat Taxi faces stiff competition from Ola, Uber, says Amit Shah

Source : PTI | New Delhi: Cooperation Minister Amit Shah on Wednesday told Parliament that Bharat Taxi — the government-backed cooperative ride-hailing platform — is grappling with early-stage hurdles, including stiff competition from established private aggregators such as Ola and Uber, and resistance to digital adoption among sections of its driver-partner base.

Responding to a query in the Rajya Sabha, Shah said in a written reply that “efforts are being made to address these through welfare and awareness, training, and improved user experience along with e-governance tools”. Continue reading “Bharat Taxi faces stiff competition from Ola, Uber, says Amit Shah”

Luxury carmakers’ gold-leafed profits under threat from Iran war

Luxury carmakers’ gold-leafed profits under threat from Iran war

March 31 (Reuters) – Greetings from New Delhi!

A key global shipping route is in disarray since the start of the Iran conflict, and that is hitting the luxury car market on multiple fronts.

Second-hand Lamborghinis and Ferraris, bound for Dubai from Japan, are stranded at a port in Sri Lanka because ships are unable to dock in the Middle East. Why? The Strait of Hormuz, ​a key shipping waterway, is out of bounds. Continue reading “Luxury carmakers’ gold-leafed profits under threat from Iran war”

GM, Toyota report lower quarterly sales in US amid affordability concerns

GM, Toyota report lower quarterly sales in US amid affordability concerns

Summary

  • Stellantis, Hyundai and Honda report sales gains, driven by SUVs, trucks, and hybrids
  • Rising fuel costs boost hybrid and EV interest, but high prices may limit overall demand
  • Vehicle sales decreased 5.3% in Q1, according to ​Omdia data

(Reuters) – Top automakers General Motors and Toyota reported lower first-quarter sales in ‌the U.S. on Wednesday, as economic uncertainty, high borrowing costs and vehicle prices kept buyers on the sidelines.

Vehicle sales decreased 5.3% in the three-month period compared with the prior year, according to research firm Omdia. Continue reading “GM, Toyota report lower quarterly sales in US amid affordability concerns”

Automakers plan billions in US investments but seek clear trade rules

Automakers plan billions in US investments but seek clear trade rules

NEW YORK, (Reuters) – Global automakers plan billions of dollars in new U.S. investments to boost production and avoid President Donald Trump’s tariffs, but they are awaiting clarity on the ​status of a North American free trade agreement and future vehicle duties.

The auto industry has ‌urged the Trump administration to extend the United States-Mexico-Canada Agreement that faces a review this year. Car companies call the trade deal crucial to American auto production. Continue reading “Automakers plan billions in US investments but seek clear trade rules”

Fuel crisis powers surge in EV interest in Asia-Pacific region

Fuel crisis powers surge in EV interest in Asia-Pacific region

Summary

  • Inquiries for electric vehicles soar in Asian countries
  • Commuters consider EVs as fuel costs soar, petrol runs out
  • Governments plan measures to ease fuel price impact

(Reuters) – Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies to reconsider their reliance on petrol and diesel vehicles.

The U.S.-Israeli war on Iran has nearly halted shipments through the ​Strait of Hormuz, which in normal times carries about a fifth of the world’s crude oil and liquefied natural gas, in what the International Energy Agency has called the most substantial supply ‌disruption ever. Continue reading “Fuel crisis powers surge in EV interest in Asia-Pacific region”

BYD’s vehicle sales fall again in March amid fierce competition

BYD’s vehicle sales fall again in March amid fierce competition

BEIJING, (Reuters) – BYD posted a seventh straight monthly sales decline in ​March, according to Reuters calculations, as the Chinese ‌electric vehicle maker struggles with growing competition in the world’s largest auto market.

BYD’s sales fell 20.5% last month from a ​year earlier to 300,222 vehicles, easing from ​a 41.1% decline in February, the calculations showed, ⁠based on a Weibo post by BYD executive Li ​Yunfei and the company’s previous filings. Continue reading “BYD’s vehicle sales fall again in March amid fierce competition”

Renault Group’s Chairman Senard will not seek a new term at end of current term in spring 2027

Renault Group’s Chairman Senard will not seek a new term at end of current term in spring 2027

PARIS, (Reuters) – French car maker Renault Group’s ​Chairman Jean-Dominique Senard will ‌not seek a new term at the end ​of his current ​term in spring 2027, ⁠a source close ​to the matter told ​Reuters on Wednesday.

Senard, who is 73 years old, would ​remain at the ​helm until the 2027 annual general ‌shareholders’ ⁠meeting, which is generally held in April or May, the ​source said, ​confirming ⁠an earlier report from La ​Tribune news website. Continue reading “Renault Group’s Chairman Senard will not seek a new term at end of current term in spring 2027”

Tesla Q1 deliveries seen rebounding nearly 10% from year-ago slump

Tesla Q1 deliveries seen rebounding nearly 10% from year-ago slump

(Reuters) – Tesla’s first-quarter deliveries are expected to climb nearly 10% from ​a year-earlier slump, when a major backlash against Elon ‌Musk’s far-right political rhetoric weighed heavily on sales.

The Elon Musk-led EV maker is expected to report deliveries before the markets open on Thursday.

  • Analysts ​polled by Visible Alpha expect Tesla to deliver ​about 368,900 vehicles in the January–March period, representing a ⁠sequential decline of 11.8% but growth of 9.6% from a ​year earlier, when a major backlash against Musk’s far-right political ​rhetoric hurt sales
  • The average of 23 estimates compiled by Tesla is 365,645 units
  • Intensifying competition in Europe and China and the expiry of a $7,500 ​federal tax credit in the U.S. on EV purchases in ​September weigh on demand
  • New registrations of Tesla cars tripled in France in ‌March, ⁠just shy of a two-year-old record high, and more than doubled in the Nordic countries, data showed on Wednesday
  • While Wall Street estimates still point to modest growth this year, sentiment ​has shifted notably ​in recent ⁠months, with some analysts expecting a decline
  • Analysts expect deliveries of 1.7 million vehicles this year, and ​1.84 million units in 2027, according to Visible ​Alpha ⁠data
  • Tesla is increasingly shifting its focus beyond electric vehicles, placing bets on solar energy, humanoid robots, and autonomous robotaxis as the ⁠next ​pillars of its business.

Continue reading “Tesla Q1 deliveries seen rebounding nearly 10% from year-ago slump”