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Maruti Suzuki FRONX becomes the fastest SUV to clock 2 lakh exports from India in record time

Maruti Suzuki FRONX becomes the fastest SUV to clock 2 lakh exports from India in record time

  • Two lakh exports achieved in under 38 months
  • The Made-in-India SUV is being exported to close to 90 countries

New Delhi: Maruti Suzuki India Limited (“Maruti Suzuki”) today announced that its popular SUV, FRONX, has crossed the milestone of 2 lakh exports in under 38 months, becoming the fastest SUV from India to achieve this feat** . Continue reading “Maruti Suzuki FRONX becomes the fastest SUV to clock 2 lakh exports from India in record time”

China Evergrande founder sentenced to life in prison

China Evergrande founder sentenced to life in prison

Summary

  • Hui pleaded guilty to 8 charges, including fraud, bribery
  • Evergrande fined $1.3 billion, Hui’s property to be confiscated
  • Court says their crimes cause significant economic loss, social harm
  • Hui was once Asia’s richest person, Evergrande China’s top developer

HONG KONG/SHENZHEN, China, (Reuters) – The founder of China Evergrande Group, the world’s most-indebted property developer, was sentenced to life in prison by a Chinese ‌court on Thursday, five years after the firm’s collapse shook the nation’s economy and financial markets. Continue reading “China Evergrande founder sentenced to life in prison”

Chery’s robot unit eyes IPO, targets overseas market for police robots

Chery’s robot unit eyes IPO, targets overseas market for police robots

Summary

  • AiMOGA targets 10,000 global robot deliveries next year, chief Zhang says
  • Company has deployed 110 humanoid police robots across multiple Chinese cities
  • Zhang said overseas demand may be stronger in Middle East and Southeast Asia

BEIJING, (Reuters) – The robotics division of China’s largest auto exporter Chery Automobile is gearing up ​for an IPO to fund future growth and investments, its chief said on Wednesday, as competition intensifies in the country’s fast-growing humanoid robot ‌sector. Continue reading “Chery’s robot unit eyes IPO, targets overseas market for police robots”

US could cut key tariffs as part of proposed Canada deal, source says

US could cut key tariffs as part of proposed Canada deal, source says

Summary

  • Source says proposed deal cuts top-line tariff on Canadian-built autos to 15% from 25%
  • Source says proposed deal halves top-line tariffs on Canadian steel and aluminum to 25%
  • Tariffs on $20 billion of Canadian goods are scheduled to take effect on Saturday

WASHINGTON/OTTAWA, (Reuters) – The ​U.S. and Canada are closing in on a trade deal in which Washington could cut some contentious tariff rates on Canadian-built cars and trucks, ‌and key metals, a source familiar with the matter said on Wednesday. Continue reading “US could cut key tariffs as part of proposed Canada deal, source says”

LG Energy, once fixed on EV batteries, jumps to Plan B

LG Energy, once fixed on EV batteries, jumps to Plan B

Summary

  • Most of LG Energy’s North American factories are making storage batteries
  • LG’s new Michigan plant plans to produce cells for Tesla and Toyota
  • LG’s switch to energy storage from EVs requires new chemistry

(Reuters) – A few years ago, battery manufacturer LG Energy Solution was racing to make cells for electric ‌vehicles. Today, its focus has mostly flipped to a new product: energy storage batteries. Continue reading “LG Energy, once fixed on EV batteries, jumps to Plan B”

Maharashtra to videograph driver badge tests for Marathi compliance from Aug 20

Maharashtra to videograph driver badge tests for Marathi compliance from Aug 20

Source : PTI | Maharashtra Transport Minister Pratap Sarnaik on Wednesday said the entire process of verifying Marathi language knowledge while issuing new badges to auto-rickshaw and taxi drivers will be videographed from Thursday.

The measure was aimed at ensuring transparency in the implementation of the amended motor vehicle rules, making “working knowledge” of Marathi mandatory for such drivers, Sarnaik said at a press conference in Mantralaya. Continue reading “Maharashtra to videograph driver badge tests for Marathi compliance from Aug 20”

CBI registers case against BluSmart’s founders Anmol Singh Jaggi and Puneet Singh Jaggi

CBI registers case against BluSmart’s founders Anmol Singh Jaggi and Puneet Singh Jaggi

Source : PTI | The CBI has registered a case against Gensol Engineering Ltd and the founders of BluSmart EV taxi service, Anmol Singh Jaggi and Puneet Singh Jaggi, over causing alleged loss of over ₹672 crore to IREDA, officials said Wednesday.

The action comes on a complaint filed by The Indian Renewable Development Agency (IREDA), which had alleged that it extended loans to Gensol Engineering Limited and its subsidiary, Gensol EV Lease Limited, for procuring Electric Vehicles for the BluSmart EV ride-hailing service, the FIR said. Continue reading “CBI registers case against BluSmart’s founders Anmol Singh Jaggi and Puneet Singh Jaggi”

Maharashtra gives drivers time to learn Marathi before action

Maharashtra gives drivers time to learn Marathi before action

Source : PTI | The Maharashtra government would give auto-rickshaw and taxi drivers an opportunity to learn Marathi before taking action for failing to comply with the language requirement under amended motor vehicle rules, state Transport Minister Pratap Sarnaik said on Tuesday.

The government would not immediately cancel permits or licenses of drivers who do not know Marathi, Sarnaik assured, stressing that the aim was not to deprive them of their livelihood but to ensure those providing passenger transport services in Maharashtra possess a working knowledge of the language. Continue reading “Maharashtra gives drivers time to learn Marathi before action”

Delhi to introduce electric tourism buses connecting 21 heritage, spiritual sites

Delhi to introduce electric tourism buses connecting 21 heritage, spiritual sites

Source : PTI | Delhi is set to introduce two air-conditioned electric buses for tourism, with the vehicles planned to connect four curated circuits covering 21 heritage, spiritual and cultural sites across the capital, according to documents issued by DTTDC.

The Delhi Tourism and Transportation Development Corporation Limited (DTTDC) has invited bids for supplying two nine-metre air-conditioned electric buses for tourism purposes, according to the tender document.

Continue reading “Delhi to introduce electric tourism buses connecting 21 heritage, spiritual sites”

Maruti Suzuki dominates PV exports with top three models in Q1

Maruti Suzuki dominates PV exports with top three models in Q1

Source : PTI | Maruti Suzuki India Ltd on Tuesday said the top three passenger vehicle models exported from India in the first quarter of the ongoing fiscal are from its stable.

The company, which witnessed its FRONX cross the milestone of 2 lakh exports in under 38 months, said it garnered more than 55 per cent share in passenger vehicle (PV) exports from India in the first quarter.

Continue reading “Maruti Suzuki dominates PV exports with top three models in Q1”

US SEC sues former executives of collapsed auto lender Tricolor

US SEC sues former executives of collapsed auto lender Tricolor

Summary

  • SEC alleges Tricolor executives double-pledged hundreds of millions of dollars of subprime loans
  • Agency seeks disgorgement, penalties and industry bars for two of the executives
  • Former CEO’s lawyer says allegations are ​inaccurate

HOUSTON, Aug 18 (Reuters) – The U.S. Securities ‌and Exchange Commission on Tuesday sued the former CEO and two other top executives of Tricolor, the latest fallout after the collapse of the Texas-based used-car seller and subprime lender last year. Continue reading “US SEC sues former executives of collapsed auto lender Tricolor”

Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet

Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet

(Reuters) – Einride AB said it expects revenue growth rate to more than double in the second half of ​the year and announced a deal to add 500 Tesla ‌Semi trucks to its fleet, sending its shares soaring 12% in early trading on Tuesday.

The Swedish freight technology company said the first Tesla Semi deployments are expected in September. Continue reading “Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet”

China’s Pony.ai plans to deploy more than 4,000 robotaxis abroad

China’s Pony.ai plans to deploy more than 4,000 robotaxis abroad

BEIJING, (Reuters) – Chinese autonomous driving company Pony.ai has a pipeline of planned and potential overseas robotaxi ​deployments of more than 4,000 vehicles, it said on Tuesday, as it ‌seeks to accelerate its expansion beyond China.

Autonomous driving firms are racing to commercialise robotaxi services overseas. Continue reading “China’s Pony.ai plans to deploy more than 4,000 robotaxis abroad”

Delhi auto union to protest at Jantar Mantar today, demand welfare board

Delhi auto union to protest at Jantar Mantar today, demand welfare board

Source : PTI | Delhi Auto Rickshaw Sangh said it will hold a protest at Jantar Mantar on Monday to demand setting up of a welfare board and highlight other transport-linked issues.

Under the umbrella organisation of Bharatiya Mazdoor Sangh, the Delhi Auto Rickshaw Sangh will gather on Monday and launch the agitation against the central and state governments. Continue reading “Delhi auto union to protest at Jantar Mantar today, demand welfare board”

Private bus operators threaten agitation over fines, fare dispute in Kolkata

Private bus operators threaten agitation over fines, fare dispute in Kolkata

Source : PTI | Private bus operators in Kolkata have threatened to launch an agitation soon, alleging that repeated cases and hefty fines imposed by police and Motor Vehicles Department officials over fare-related violations are making it increasingly difficult to run the service.

In a letter to Chief Minister Suvendu Adhikari and Transport Minister Arjun Singh recently, the Joint Council of Bus Syndicate General Secretary Tapan Banerjee said cases were being filed against buses at various places in the city on August 12 and 13, which included charging a minimum fare of ₹10 from passengers. Continue reading “Private bus operators threaten agitation over fines, fare dispute in Kolkata”

AI market correction is coming, ECB blog predicts

AI market correction is coming, ECB blog predicts

FRANKFURT, (Reuters) – A market correction to tech stock exuberance in the U.S. is likely and could have far-reaching consequences due to limits in fiscal and ​monetary policy buffers to blunt the potential economic hit, a European Central ‌Bank blog post said on Monday.

Investors have been piling into technology stocks on bets that AI will fundamentally alter the global economy, and valuations for top tech companies are now far ​above historic averages. Continue reading “AI market correction is coming, ECB blog predicts”

Uber, Zipline partner on US drone delivery for Uber Eats
Stellantis recalls 955,000 vehicles because radio software may disrupt rear-view camera

Stellantis recalls 955,000 vehicles because radio software may disrupt rear-view camera

WASHINGTON, (Reuters) – Chrysler-parent Stellantis said on Monday it ​is recalling 955,000 vehicles worldwide because ‌radio software may prevent rear-view cameras from operating properly.

The recall includes 848,000 vehicles in the United States including ​various 2026 and 2027 model year ​Chrysler Pacifica, Pacifica Plug-in Hybrid and Voyager, ⁠Dodge Charger, Jeep Cherokee, Compass, Gladiator, Grand ​Cherokee, Grand Wagoneer, Wrangler and Ram 1500, 2500 ​and ProMaster vehicles. About 107,000 vehicles are being recalled in Canada, Mexico and other markets. Continue reading “Stellantis recalls 955,000 vehicles because radio software may disrupt rear-view camera”

Tesla prepares for Cybercab launch in August starting with rides to employees, the Information reports

Tesla prepares for Cybercab launch in August starting with rides to employees, the Information reports

(Reuters) – Tesla has told employees it is gearing up for a public launch of Cybercab, ​starting with a rollout in Austin, Texas, ‌as soon as this month, the Information reported on Monday, citing people with knowledge of the plans.

Cybercab, a ​purpose-built autonomous vehicle without pedals or a ​steering wheel, is crucial to Tesla’s robotaxi ⁠ambitions, as the company is planning to ​eventually deploy the vehicle for its autonomous ride-hailing ​service. Continue reading “Tesla prepares for Cybercab launch in August starting with rides to employees, the Information reports”

US, Canada try to bridge gaps over potential autos tariff cuts, sources say

US, Canada try to bridge gaps over potential autos tariff cuts, sources say

(Reuters) – U.S. and Canadian trade negotiators were haggling over a potential reduction ​in President Donald Trump’s tariffs on Canadian vehicles to 15% after some value content deductions, ‌three sources familiar with the talks said on Monday.

The countries face a Wednesday deadline for steep new U.S. duties on $20 billion worth of other Canadian goods. Continue reading “US, Canada try to bridge gaps over potential autos tariff cuts, sources say”

Drivn signs agreement with AVG Logistics to deploy 100 electric trucks

Drivn signs agreement with AVG Logistics to deploy 100 electric trucks

Source : PTI | EV leasing platform Drivn on Friday said it has signed an agreement with AVG Logistics to deploy 100 electric trucks across the country.

The trucks will support AVG Logistics’ operations across diverse business requirements, with specific routes and corridors to be announced at a later stage, the company said. Continue reading “Drivn signs agreement with AVG Logistics to deploy 100 electric trucks”

India’s auto market nears leasing inflection as ORIX corporation eyes fleet expansion

India’s auto market nears leasing inflection as ORIX corporation eyes fleet expansion

Source : PTI | Japanese mobility solutions and financial services provider ORIX Corporation has identified India as one of its two focus growth markets globally, bullish on the prospects of vehicle leasing and rentals in the country ‘taking off’ going forward, according to its President and Group CEO Hidetake Takahashi.

The company believes that it can increase the size of its fleet in India to around 1 lakh to 1.5 lakh vehicles in the short to medium term from the current 50,000. Continue reading “India’s auto market nears leasing inflection as ORIX corporation eyes fleet expansion”

High-level panel set up to address traffic, road woes in Maharashtra’s Chakan industrial belt

High-level panel set up to address traffic, road woes in Maharashtra’s Chakan industrial belt

Source : PTI | The Maharashtra government has constituted a high-level committee to address road repairs, traffic congestion and management issues in the rapidly expanding Chakan industrial belt in Pune district, and set up a mechanism for time-bound redressal of industrial grievances.

The decision was taken in view of the growing number of industrial and commercial establishments in Chakan and adjoining industrial areas, increasing heavy-vehicle movement and population, and the anticipated expansion of industries, according to a Government Resolution (GR) issued by the state Planning Department on August 14. Continue reading “High-level panel set up to address traffic, road woes in Maharashtra’s Chakan industrial belt”

Europe emerges top destination for India’s electric car shipments in Q1

Europe emerges top destination for India’s electric car shipments in Q1

Source : PTI | Europe emerged as the top destination for Indian electric motor car shipments in the first quarter of 2026-27, with the United Kingdom ranking as the second-largest market and recording imports worth $78.7 million, compared with negligible shipments in the corresponding quarter of the previous year, according to the commerce ministry data.

India’s exports of electric motor cars surged in the first quarter of 2026-27, with export earnings rising sharply to $369 million from $22.2 million a year earlier, while shipments jumped to 10,802 vehicles from 1,309 units, reflecting growing global competitiveness of India’s electric mobility industry. Continue reading “Europe emerges top destination for India’s electric car shipments in Q1”

White House says transshipped goods cost up to $26 billion in lost tariffs
China’s Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe

China’s Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe

BEIJING, (Reuters) – Chinese autonomous driving firm Pony.ai ​announced on Friday ‌plans to deploy more than 2,000 robotaxis in ​Europe under an ​expanded partnership with Uber.

The ⁠collaboration, dating back ​to May 2025, is ​set to expand from the existing commercial robotaxi service ​in Croatia’s capital ​Zagreb to four unnamed cities ‌in ⁠Europe, according to a company statement. Continue reading “China’s Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe”

Chinese car sales are booming almost everywhere – just not at home

Chinese car sales are booming almost everywhere – just not at home

Summary

  • China’s domestic car sales shrink by size of Japan’s market in first half
  • Strong Chinese export gains add to the strain on Japanese, European automakers
  • China and Japan vie for global auto market share, especially in EVs

BEIJING, (Reuters) – China’s car industry is on a tear overseas, storming markets from Europe to Southeast Asia and heaping pressure on long-established automakers like Toyota Motor and ​Volkswagen. Continue reading “Chinese car sales are booming almost everywhere – just not at home”

Detroit automakers fear North American trade deal revamp could cost them billions

Detroit automakers fear North American trade deal revamp could cost them billions

Summary

  • Detroit’s automakers prep for USMCA lobbying push
  • Car companies worry proposals could tack on billions in annual costs
  • Ford’s decision to onshore Lincoln output comes ahead of US-Mexico talks
  • US automakers struggling with high costs of tariffs on parts and materials

(Reuters) – Detroit’s automakers plan to argue to the Trump administration that its proposals for a ​revised North American trade deal could cost the companies billions of dollars and hurt their competitiveness with foreign rivals. Continue reading “Detroit automakers fear North American trade deal revamp could cost them billions”

Iran war a boon for China’s e-trucks, fuelling export surge

Iran war a boon for China’s e-trucks, fuelling export surge

Summary

  • South, Southeast Asia account for half of China’s e-truck exports
  • Truckmaker expects exports to maintain fast growth for another year
  • China’s electric truck fleet to save 141 million barrels of oil demand in 2026, analyst estimates

BEIJING, (Reuters) – China’s exports of electric trucks to other Asian countries have spiked, adding to a surge ​in domestic sales as higher fuel costs as a result of the Iran war accelerate regional electrification. Continue reading “Iran war a boon for China’s e-trucks, fuelling export surge”

JSW Dulux closes Q1 FY 26-27 with a Strong 25% Volume Growth. All Key Parameters Up!

JSW Dulux closes Q1 FY 26-27 with a Strong 25% Volume Growth. All Key Parameters Up!

JSW Dulux Limited announces Q1 FY2026-27 results

Mumbai, August 11, 2026: Today, the Board of Directors of JSW Dulux Limited (formerly Akzo Nobel India Limited), a leading Decorative and Industrial Paints company and part of the JSW Group, approved the financial results for the first quarter ended 30 June 2026.  Continue reading “JSW Dulux closes Q1 FY 26-27 with a Strong 25% Volume Growth. All Key Parameters Up!”

Over 100 Porsche cars rally across Mumbai on Friendship Day drive

Over 100 Porsche cars rally across Mumbai on Friendship Day drive

Source : PTI | Mumbai witnessed an impressive display of automotive passion this Friendship Day as more than 100 Porsche cars across Porsche SUVs, Sports cars and EVs came together for an exclusive drive organised by Porsche Centre Mumbai – Infinity Cars for its customers. Bringing together Porsche owners and their families, the drive celebrated friendship, camaraderie and the shared passion for driving that connects the Porsche community.

The convoy made its way through some of Mumbai’s most iconic roads, including the Coastal Road and Marine Drive, creating a striking sight across the city. With more than 100 Porsche cars travelling together, the drive offered owners an opportunity to experience the city from behind the wheel while connecting with fellow members of the Porsche community. Continue reading “Over 100 Porsche cars rally across Mumbai on Friendship Day drive”

Simple Ways to Save Lakhs per Month in a Vehicle Body Repair Shop by Kovax – Japan’s No. 1

Simple Ways to Save Lakhs per Month in a Vehicle Body Repair Shop by Kovax – Japan’s No. 1

• Why Sanding an Entire Panel for a Dime-Sized Nib – Costs Body shops More Than They Think?

• Read on to Save Money & Time! 

In most Body shops, there’s an unwritten rule: when a Nib, Run, or Dust speck shows up in the topcoat, the “safe” approach is to sand the whole panel—door, quarter, hood—rather than the small area that actually has the defect. That isn’t Laziness. It’s Risk Management.

With conventional Wet Sanding, it’s hard to see progress while you work. Technicians often can’t tell how much material has been removed until they stop, wipe the surface, and let it dry. That visibility gap encourages a defensive habit: sand wider than necessary, blend farther than needed, and hope the finish levels out. It usually does—but the cost of that insurance is high.

The hidden cost of the “safe” habit

  1. Labor time that doesn’t match the defect: A pinhead-sized nib can consume nearly the same time as a larger run because both trigger a full-panel resand.
  2. Higher risk of burn-through: More sanded surface area increases the chance of cutting too deep into clearcoat. A burn-through on a large area is harder—and more expensive—to repair than a localized correction.
  3. Inconsistent results across technicians: Without a standard approach, process approval and repeatability become difficult.
  4. Extra compounding and polishing time: The wider the sanded area, the wider the buffing area—where much of the hidden time and cost of rework often lies.

Continue reading “Simple Ways to Save Lakhs per Month in a Vehicle Body Repair Shop by Kovax – Japan’s No. 1”

What makes Škoda among the safest cars in India?

What makes Škoda among the safest cars in India?

Buying a new car is about more than design, mileage and features. Safety is now a major priority for Indian buyers, especially families. Global NCAP ratings help compare vehicles, but ratings alone do not define safety. A safe car combines strong engineering, smart safety systems and technology that helps prevent accidents and protect occupants. This philosophy has been at the heart of every Škoda vehicle, making it one of the brands associated with the safest cars India offers.

Safety Begins with Engineering

A safe vehicle is built from the ground up, not simply equipped with a long list of features. Continue reading “What makes Škoda among the safest cars in India?”

Londian Wason valued at $2 billion, biggest Chinese debut in New York in over a year

Londian Wason valued at $2 billion, biggest Chinese debut in New York in over a year

(Reuters) – Copper foil maker Londian Wason New Energy Tech was valued at $2.01 ​billion in its New York Stock Exchange debut on Wednesday, marking ‌the largest IPO of a Chinese company in the U.S. in more than a year.

The Shenzhen-based company’s shares opened at $26 apiece, above their offer price of $22, after it raised $94.3 ​million in Tuesday’s upsized offering. Continue reading “Londian Wason valued at $2 billion, biggest Chinese debut in New York in over a year”

Emails reveal Indian carmakers’ fuel contamination worries before public retreat

Emails reveal Indian carmakers’ fuel contamination worries before public retreat

Summary

  • India started 20% ethanol in petrol in 2025, protests peaked this year
  • Maruti, Mahindra privately discussed issue of fuel contamination
  • Automakers tested more than 250 fuel samples in 21 Indian states
  • Government says own tests found only four contamination cases

NEW DELHI, (Reuters) – Hours after India made public assurances last week that its ethanol-blended petrol was safe, the country’s main auto lobby withdrew a complaint about ​fuel contamination it had sent to the government a week earlier. The group said some figures needed more checks. Continue reading “Emails reveal Indian carmakers’ fuel contamination worries before public retreat”

Redsage: What Happens After a Customer Appears on the Service Due List?

Redsage: What Happens After a Customer Appears on the Service Due List?

For every dealership, the service due list is an important starting point. It tells the team which customers are expected to come back to the workshop.

But the real picture starts after that.

How many customers were contacted? How many responded? How many bookings were generated? And how many opportunities were simply missed because the follow-up never happened? Continue reading “Redsage: What Happens After a Customer Appears on the Service Due List?”

Public funds buy KSRTC bus in Kerala first, minister hails cooperative model

Public funds buy KSRTC bus in Kerala first, minister hails cooperative model

Source : PTI | Kerala Transport Minister C P John on Tuesday thanked the Calicut City Service Cooperative Society for donating a bus to the state-run KSRTC, calling it a strong example of public participation in strengthening public sector institutions.

In a Facebook post, John said the cooperative society had set a precedent by using ₹40 lakh from its public welfare fund to purchase a KSRTC bus, in what he described as the first such initiative in the history of the state-run transport corporation. Continue reading “Public funds buy KSRTC bus in Kerala first, minister hails cooperative model”

VinFast rolls out TCO calculator to highlight EV cost savings over petrol cars

VinFast rolls out TCO calculator to highlight EV cost savings over petrol cars

Source : PTI | VinFast’s new Total Cost of Ownership Calculator helps buyers compare the long-term costs of EVs and gasoline vehicles, turning one of electric mobility’s biggest promises into personalized figures that support smarter purchasing and financial decisions.

In this day and age, a car buyer comparing models can find horsepower, cargo space, and safety ratings in minutes. What is much harder to see is which vehicle will actually cost less to own after years of loan payments, fuel bills, and maintenance. Those factors make up a vehicle’s total cost of ownership (TCO), a metric that encompasses all expenses incurred throughout the ownership period.

Continue reading “VinFast rolls out TCO calculator to highlight EV cost savings over petrol cars”