New Delhi, 3rd September 2026: During the 66th Annual Convention of The Society of Indian Automobile Manufacturers (SIAM), the Hon’ble Prime Minister of India, Shri Narendra Modi shared a special message at the convention stating, “India’s automobile industry is well placed to further expand its global presence as the country’s mobility ecosystem undergoes a fundamental transformation. Continued innovation, pursuit of excellence and a bold pathway towards Viksit Bharat will unlock transformative opportunities for the sector and accelerate the journey towards a faster, greener and self-reliant future.”

Chief Guest Mr Nitin Gadkari, Hon’ble Union Minister of Road Transport & Highways, Government of India, mentioned, “With quality, innovation, research and competitive pricing, India has the potential to become the largest automobile industry in the world, with the sector playing a key role in Viksit Bharat. We should also encourage the expansion of driver training centres, vehicle fitness centres and vehicle scrapping centres, which can contribute to the economy as well.” Continue reading “PM Modi Calls on Auto Industry to Pursue Excellence to Advance Viksit Bharat”

New Delhi, 3 September 2026: At the 66th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM), Special Plenary Session 1, themed “Driving Global Leadership in Sustainable Mobility,” discussed India’s roadmap to become a global leader in sustainable mobility by 2047.

Guest of Honour, Mr Tarun Kapoor, Advisor to Hon’ble Prime Minister, Government of India, recognised automotive sector’s role in contributing to the economy. He stated, “India’s mobility transition must accelerate towards cleaner fuels, with electric, biofuels and green hydrogen shaping the way forward. We must strengthen charging infrastructure, transition of heavy vehicles to electrics, build our export ecosystem and make India a global hub for advanced mobility technologies and manufacturing.”  Continue reading “India’s Automobile Industry Driving Leadership In Sustainable Mobility”

San Salvador/ New Delhi, August 31, 2026: Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has announced a new phase of growth in El Salvador through a strategic alliance with VELOSA (Oriental Motors, S.A.). With extensive regional automotive experience, proven distribution expertise and strong operational capabilities, VELOSA will play a key role in expanding Hero MotoCorp’s presence and strengthening customer reach across the country.

Marking the landmark moment, VELOSA inaugurated its Hero flagship store on Calle El Progreso and expanded its retail network with two additional outlets at Metrocentro San Salvador and Plaza Mundo Soyapango. VELOSA has also initiated strategic partnerships with dealers across the country, bringing authorised service and support closer to Hero customers, starting operations with +30 authorized dealers. Continue reading “Hero MotoCorp Strengthens its presence in EL Salvador through a strategic alliance with Velosa”

Source : PTI | Lieutenant Governor Vinai Kumar Saxena on Tuesday flagged off the inaugural edition of ‘Ladakh Bike Week 2026’ to showcase Ladakh’s growing stature as a premier motorcycling and high-altitude adventure tourism destination.

Ladakh Bike Week 2026 is one of the eight flagship UT-level tourism festivals identified for destination promotion, visitor engagement and diversification of tourism across the region. Continue reading “Ladakh Bike Week 2026 flagged off to boost adventure tourism, local economy”

Source : PTI | Goa has failed to achieve its targeted electric vehicle (EV) adoption levels, with the state government attributing the shortfall primarily to inadequate charging infrastructure and the higher upfront cost of EVs compared to conventional internal combustion engine vehicles.

State New and Renewable Energy Minister Ramkrishna Dhavlikar shared the details in a written reply to a question by MLA Aleixo Lourenco in the Goa legislative assembly on Wednesday. Continue reading “Goa fails to meet EV adoption target; govt cites inadequate charging infrastructure, high costs”

PARIS, (Reuters) – France has begun tests on two cars to better assess Tesla’s FSD advanced driver assistance system, French Minister of Transport ​Philippe Tabarot said, in a move that could bring Europe ‌a step closer to approval of Elon Musk’s autonomous driving technology.

Netherlands road authority RDW approved Tesla’s Full Self Driving system for use on Dutch roads on a provisional basis ​in April, prompting Belgium, Denmark, Estonia and Lithuania to do the ​same in advance of a bloc-wide vote on the plan that ⁠could take place as early as next month. Continue reading “France starts tests on Tesla’s self-driving tech”

PARIS, (Reuters) – Criminal use of informal banking networks has become a global problem and is ​growing, the Financial Action Task Force said ‌on Thursday, urging companies and governments to do more to combat professional money-laundering services.

Here’s what the global ​money laundering and terrorist financing watchdog FATF ​said in a report: Continue reading “Misuse of informal money-transfer networks is growing worldwide, global watchdog says”

Bodyshop capacity has become a strategic concern for OEMs and dealer networks alike, not just a floor-level scheduling issue. Technician availability is tightening, repair complexity is rising, and customer expectations on turnaround time continue to climb — regardless of brand or market.

The question dealer networks now face isn’t just “how do we hire more technicians” — it’s “how do we get measurably more output from the technicians already on the floor, without compromising quality or consistency?” Continue reading “You Don’t Always Need More Technicians. You Need More from Every Technician.”

SAN FRANCISCO, (Reuters) – Tesla is set to hold an event for its purpose-built robotaxi Cybercab in Austin, Texas, on Thursday, amid much fanfare, as well as questions ​about regulatory hurdles and safety of the technology.

Here are some details: Continue reading “Tesla set to hold Cybercab event in Austin, Texas”

Summary

• Honda seeks 1.5 trillion yen in cost cuts by 2030, according to source and documents
• Japanese automakers scrambling to adapt as China takes market share
• Honda met with suppliers, asked for 30% cost reduction in parts

TOKYO, (Reuters) – Japan’s Honda aims to cut more than $9 billion in ​costs over the next four years and has instructed suppliers to drastically reduce their prices, according to internal documents and one person familiar with ‌the matter. Continue reading “Honda tells suppliers to cut costs in $9 billion push to fend off China, documents show”

BEIJING, (Reuters) – Tesla’s China-made electric vehicle sales slowed to a gain of 3.6% year-on-year in August, ​down sharply from the prior month, as divergent ‌trends persisted across the U.S. automaker’s major markets.

Sales of Model 3 and Model Y vehicles from its Shanghai factory, including exports to Europe, ​Asia Pacific and Canada, rose to 86,166 units from the year ​earlier, marking the 10th straight month of growth. Continue reading “Tesla’s China-made EV sales extend growth streak, but momentum fades”

Summary

• Cuts affect about 3,300 jobs from workforce of roughly 34,000
• Uber trims employees seven or more reporting layers below CEO by 20%
• Company to limit fully remote roles to about 1% of workforce

(Reuters) – Uber Technologies will lay off ​about 3,300 employees, or 10% of staff, in its largest cuts since the COVID-19 pandemic, to better navigate the ‌rise of robotaxis encroaching on its ride-hailing business. Continue reading “Uber to lay off 10% of staff in biggest cuts since COVID”

Source : PTI | West Bengal Transport Minister Arjun Singh took stock of a host of issues concerning app cab operators, including fare revision and CNG availability, officials said on Wednesday.

At a meeting held here late on Tuesday, Singh also directed officials to initiate steps to address concerns raised by the operators, they said. Continue reading “West Bengal flags CNG shortage, fare concerns in app cab sector review”

Source : PTI | The Delhi Traffic Police issued 751 challans in a day to motorists for riding two-wheelers without helmets during a special enforcement drive conducted across the northern range, an official said on Tuesday.

Traffic personnel were deployed at strategic locations to check violations of the mandatory helmet rule. Continue reading “Delhi cracks down on helmet violations; over 750 challans issued in a day”

Source : PTI | Kinetic Engineering’s EV subsidiary, Kinetic Watts & Volts Ltd (KWV), on Wednesday said it has appointed Makrand Joshi to lead its international business development as the company explores opportunities in overseas markets.

The Pune-based company said as part of this plan, it is evaluating expansion with an initial focus on Turkey, Nepal, Sri Lanka, Bangladesh, Kenya, Nigeria and Egypt. Continue reading “Kinetic Engineering EV arm appoints Makrand Joshi to lead global expansion”

1^st September 2026, New Delhi, BHARAT: The Federation of Automobile Dealers Associations (FADA) 8^th Auto Retail Conclave 2026 brought together policymakers, industry leaders, automobile manufacturers, Dealers and ecosystem partners to deliberate on the future of India’s automotive retail sector under the theme “BHARAT: Inclusive Mobility, Inspired Growth.” The conclave highlighted the critical role dealers play in expanding mobility access, driving employment, supporting entrepreneurship and enabling India’s evolving automotive ecosystem.

 The event featured the presence of Shri H. D. Kumaraswamy, Hon’ble Union Minister of Heavy Industries & Steel, Government of India, as Chief Guest, alongside senior leaders from the automotive industry and allied sectors. During the inaugural session, FADA unveiled the FADA Digest 2026, commemorative editions of Kaleidoscope, and launched the FADA Employee ID Programme, a first-of-its-kind initiative aimed at creating a professional identity and structured career pathway for employees across automobile retail. Continue reading “FADA Unveils Vision for ‘BHARAT: Inclusive Mobility, Inspired Growth’ at the 8th Auto Retail Conclave 2026”

1^st September 2026, New Delhi, BHARAT: The Federation of Automobile Dealers Associations (FADA), the apex national body of automobile retail in India, today announced the appointment of Mr. Sai Giridhar as FADA’s 38^th President and for the years 2026-28. The decision was made at the 323^rd Governing Council Meeting, which was held immediately after the 62^nd Annual General Meeting.

 Mr. Giridhar is the Managing Director of Saisha Motors Pvt. Ltd. based out of Jaipur, Rajasthan and has dealerships of Skoda, Volvo Cars, JSW MG Motors and MG Select. Continue reading “Change of guard at Fada as Mr. C S Vigneshwar hands over the baton To Mr. Sai Giridhar, FADA’s 38th President”

SYDNEY, (Reuters) – An Australian judge said he may order Tesla to give an independent expert access to its internal engineering platforms as ​part of a class action against the Elon Musk-led carmaker, a move ‌designed to bypass a drawn-out discovery process that has dogged the case.

The lawsuit, filed in February 2025, alleges Tesla’s Model 3 and Model Y vehicles suffer from “phantom braking” and that ​the advertised self-driving capability and battery range were overstated. Continue reading “Australian judge floats giving court-appointed expert access to Tesla’s engineering systems”

BEIJING, (Reuters) – Chinese electric vehicle maker BYD, reported rising global sales for the ​fourth straight month, as robust exports continued to ‌cushion the impact of sluggish domestic demand.

Total sales climbed 17.8% from a year earlier to 440,293 vehicles in August, while overseas shipments ​jumped 134.5% to 189,466 vehicles, according to Reuters calculations based ​on BYD’s disclosure on Tuesday. Continue reading “BYD’s sales extend growth streak on strong exports”

BERLIN, (Reuters) – Volkswagen’s management board plans to ​propose ending production ‌at four German plants between 2031 and ​2034, German business ​outlet WirtschaftsWoche reported on ⁠Tuesday.

The Emden and ​Zwickau plants are slated ​to end production in 2031, followed by Hanover ​in 2032 and ​finally Neckarsulm in 2034, WirtschaftsWoche ‌said, ⁠citing a supervisory board paper. Continue reading “Volkswagen management proposes shutdown of four German plants by 2034, WiWo reports”

STOCKHOLM, (Reuters) – Tesla’s supervised self-driving technology recorded 4.1 times fewer collisions than manually driven Tesla cars in the five European countries where it is permitted, the ​automaker said on Tuesday, as it steps up lobbying efforts ahead ‌of an EU vote on wider deployment.

The Netherlands in April became the first European country to grant provisional approval for Tesla’s Full Self-Driving (FSD) system, prompting Belgium, Denmark, Estonia and Lithuania to follow suit ahead of a ​European Union vote on broader approval. Continue reading “Tesla touts European supervised self-driving safety data ahead of EU vote”

OTTAWA, (Reuters) – The U.S. needs to start being serious and stop trying to ​be tough before talks on a possible trade deal with Canada ‌can restart, Prime Minister Mark Carney told reporters on Tuesday.

Canada walked away from negotiations on an agreement to avoid additional U.S. tariffs on August 21, saying the ​American side had made unacceptable last-minute demands. Continue reading “Canada’s Carney says US needs to start being serious before trade talks can resume”

(Reuters) – Ford Motor is recalling 148,663 vehicles ​in the U.S. due to ‌a loss of driver power and loss of headlight function or windshield ​washing system function, which can ​reduce visibility, the U.S. National Highway ⁠Traffic Safety Administration said on ​Tuesday. Continue reading “Ford to recall about 149,000 vehicles in US over power loss, NHTSA says”

Summary

• Has ordered suppliers to halt work on 3 projects while it reviews costs, sources says
• Move is setback for Vietnamese carmaker’s India expansion strategy
• VinFast faces same challenge of achieving scale that has hindered other automakers

NEW DELHI, (Reuters) – VinFast has suspended plans to manufacture three electric ​vehicles in India and ordered suppliers to halt work on the projects while it reassesses costs, according to two sources ‌and a company memo reviewed by Reuters – a year after the Vietnamese automaker entered a crucial growth market. Continue reading “VinFast puts the brakes on manufacturing some cars in India, sources and memo say”

BEIJING, (Reuters) – Chinese regulators on Tuesday issued new guidelines for automakers’ overseas operations, ​calling on companies to comply with laws governing ‌outbound investment and overseas business activities, while strengthening anti-monopoly, anti-corruption and social responsibility compliance.

The guidelines follow a rapid global expansion ​by Chinese automakers, led by BYD, as intensifying ​competition at home pushes manufacturers to seek growth ⁠abroad. Continue reading “China issues guidelines for automakers’ overseas operations”

(Reuters) – Amazon’s Zoox and Alphabet’s Waymo on Tuesday separately announced expansions of their driverless ride-hailing operations into new ​U.S. cities, weeks after Zoox started paid services.

Zoox ‌said it would begin testing in Houston and San Diego, bringing its presence to 12 U.S. locations. ​It will initially use retrofitted test ​vehicles for manual mapping and testing before ⁠deploying its purpose-built driverless robotaxis. Continue reading “Amazon’s Zoox, Alphabet’s Waymo expand robotaxi services to more US cities”

Source : PTI | Union Minister H D Kumaraswamy on Monday urged India’s automobile industry to play its part in job creation saying the challenge of providing employment to even educated graduates is a “ground reality”.

Creating employment opportunities for the country’s youth is critical to achieving the Viksit Bharat 2047 goal stated by Prime Minister Narendra Modi. Continue reading “Kumaraswamy urges India’s auto industry to create more job opportunities for youth”

SYDNEY, (Reuters) – An Australian judge said he may order Tesla to give an independent expert access to its internal engineering platforms as ​part of a class action against the Elon Musk-led carmaker, a move ‌designed to bypass a drawn-out discovery process that has dogged the case.

The lawsuit, filed in February 2025, alleges Tesla’s Model 3 and Model Y vehicles suffer from “phantom braking” and that ​the advertised self-driving capability and battery range were overstated. Continue reading “Australian judge floats giving court-appointed expert access to Tesla’s engineering systems”

Source : PTI | Automotive dealers body FADA is confident of the sector clocking double-digit growth in the ongoing fiscal year, with good traction on the ground continuing since the GST rate cuts last year, its CEO Saharsh Damani said on Monday.

In an interview with PTI, he observed that rural passenger vehicle demand will continue to outpace urban demand, and all automotive segments will continue to outperform this festival season. Continue reading “FADA sees auto sector clocking up to 12% growth in FY27 on sustained post-GST demand: CEO”

TOKYO, (Reuters) – Japanese automakers Nissan and Honda said on Monday they would jointly develop standardised electronic ​control units (ECUs) for software-defined vehicles (SDVs), deepening their collaboration on ‌more advanced car technology.

The companies plan to introduce an architecture incorporating the jointly developed ECUs and software in next-generation vehicles from ​the 2029 financial year onwards, they said in a ​joint statement. Continue reading “Honda, Nissan target rollout of joint vehicle software in fiscal 2029”

Summary

• Toyota and Honda account for more than three-quarters of all cars made in Canada
• Canadian-built cars made up nearly a quarter of Honda’s US sales and 17% of Toyota’s last year, analysts say
• Tariffs could force both automakers to close some Canadian assembly lines, analysts say

TOKYO, (Reuters) – U.S. President Donald Trump ​is targeting Ottawa with a proposed 50% tariff on Canadian car imports — but Japan’s Toyota and Honda may end up footing the bill. Continue reading “Toyota and Honda may get stuck with the bill for Trump’s Canada tariffs”

Source : PTI | Tata Motors Ltd expects demand for its electric commercial vehicles (CVs) to remain strong and continue to grow with a strong order book in place across segments, according to its Managing Director and CEO Girish Wagh.

The company also expects supply chain bottleneck regarding cells imported from China that has impacted its Intra EV, to be resolved completely by the end of the ongoing quarter, he told analysts. Continue reading “Expect demand for electric CV to remain strong: Tata Motors MD & CEO”

Source : PTI | Tata Motors Passenger Vehicles Ltd is gaining market share in the electric vehicle segment and has seen a three-fold increase in EV bookings over the last six months, even as production capacity is restricting its ability to fully capitalise on the strong demand, according to a senior company official.

In an interview to PTI, Tata Passenger Electric Mobility Ltd, Chief Commercial Officer Vivek Srivatsa said, “If you see the last two three months, we are actually gaining market share every month. So it is the other way round, and in fact, in the last six months, the gap between us and the number two player has increased. And I would also publicly state that we had three 3x growth in bookings for EVs, and we are only restricted by our production capability”. Continue reading “Tata Motors EV bookings triple; capacity constraints limit full gains”

Source : PTI | Approximately 80 lakh women and one accompanying passenger used the Uttar Pradesh government’s free bus travel facility by 5:00 pm on Saturday, following a massive single-day surge of 49.96 lakh passengers on Raksha Bandhan on Friday, officials said.

The initiative, launched by the Yogi Adityanath government, provided zero-fare tickets across the state to facilitate travel for the festival, with figures continuing to rise until the midnight deadline on Saturday, they said. Continue reading “Uttar Pradesh free bus travel scheme sees 80 lakh beneficiaries in two days”

Summary

• BYD’s second-quarter profit up 30%, below forecasts for 48% growth
• Overseas business helped lift gross profit margin
• Still under pressure from cut-throat competition at home

BEIJING, (Reuters) – Chinese electric vehicle maker BYD on Friday posted its first quarterly profit rise in more ​than a year, helped by a surge in exports that offset weak domestic sales. Continue reading “BYD posts first quarterly profit rise in over a year, but misses estimates”

Summary

• Supervisory board to vote on restructuring on September 4
• Management could call shareholder meeting, people familiar with matter say
• Lower Saxony, labour hold majority on supervisory board and can block restructuring

BERLIN/FRANKFURT, – Volkswagen’s supervisory board is meeting in a week’s time to discuss its biggest ever turnaround plan that has pitted ​management against unions and the state of Lower Saxony, its second-biggest shareholder. Continue reading “Explainer: Can Volkswagen sidestep board opposition to push through its overhaul?”

JOHANNESBURG, (Reuters) – Chinese automakers launched a raft of electric, hybrid and pickup truck models at South Africa’s biggest auto show, betting on growing demand for electrified vehicles and seeking to challenge established ​rivals in the country’s highly competitive pickup market.

China’s Changan and its partner Jameel Motors ‌South Africa introduced the Deepal S05 range-extended electric vehicle — which uses a small petrol-powered engine to recharge the vehicle’s battery as it runs — and Changan Uni-S hybrid SUV. Continue reading “China automakers target South Africa’s EV buyers, pickup market at auto show”

Summary

• Autos are a key part of suspended US-Canada trade talks
• GM to add heavy-duty GMC Sierra truck at plant in Oshawa, Ontario if deal approved
• CAMI plant would have priority for defence ​work if GM secures contract from Canadian Armed Forces

(Reuters) – General Motors plans to assemble a heavy-duty ‌pickup at an Ontario plant as part of a tentative deal with a key union that would pump C$1.1 billion ($791.31 million) into Canada’s auto sector as it reels from U.S. tariffs, a union bargaining report said on Saturday. Continue reading “GM union deal would invest C$1.1 bln in Canada auto factories amid US tariff pressure”

Source : PTI | Ola Electric on Friday said it has received a sanction order from the Ministry of Heavy Industries for the release of incentives amounting to ₹95.81 crore under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme).

The sanction pertains to the demand incentive under the PLI-Auto Scheme for FY 2026-27, and authorises the payment to be released through IFCI Ltd, the Central Nodal Agency designated for disbursement under the scheme, Ola Electric said in a statement. Continue reading “Ola Electric secures ₹95.81 cr PLI-auto incentive”

Source : PTI | Uttar Pradesh has emerged as the country’s leading state in vehicle scrapping, accounting for nearly 48.5 per cent of the more than 4.07 lakh vehicles scrapped nationwide till July 31, 2026, Transport minister Dayashankar Singh said on Thursday.

According to the Transport Department, more than 1.97 lakh vehicles have been scrapped in Uttar Pradesh, making it the country’s largest contributor to the vehicle scrapping programme. Continue reading “UP accounts for nearly half of vehicles scrapped nationwide: Govt”