(Reuters) – Swedish automaker Volvo Cars (VOLCARb.ST), said on Monday it will discontinue the EX30, a ‌small electric SUV, and the EX30 Cross Country in the United States later this year.

While U.S. sales of the two models will end after the 2026 model year, the EX30 will remain available in other ⁠markets including Canada and Mexico, a spokesperson for the automaker said in a statement to Reuters.

Business Insider reported the decision earlier on Monday. Continue reading “Volvo to discontinue EX30 in US later this year”

(Reuters) – Germany’s top industrial union retained its stronghold on the works councils of factories belonging to Audi and parent company Volkswagen but lost some ground to a fringe far-right labour ‌group as the country’s automotive sector faces an uncertain future.

German automakers are battling to keep up with stiff competition from China and a rapidly changing sector with electric vehicles and software, while also navigating tariff pressures. Volkswagen alone is cutting 35,000 jobs by 2030.

Zentrum, a self-styled union affiliated ⁠with the Alternative for Germany (AfD) party, said late on Sunday that it had won its first two seats at Volkswagen subsidiary Audi, at the premium carmaker’s headquarters in Ingolstadt. Continue reading “Far-right labour group makes gains at Audi, VW but misses breakthrough”

Summary

• Uber and Nvidia to use DRIVE Hyperion platform for robotaxis
• Expansion planned across North America, Europe, Australia, and Asia by 2028
• Partnership plans to start in Los Angeles, San Francisco early next year

(Reuters) – Uber Technologies (UBER.N) and Nvidia (NVDA.O) said on Monday they ‌will deploy a fleet of robotaxis powered by Nvidia’s autonomous driving software on the ride-hailing network, starting in Los Angeles and San Francisco in 2027 and expanding to 28 cities globally by 2028.

Robotaxis are rapidly expanding into more cities as companies race to commercialize autonomous ride-hailing, but Alphabet’s (GOOGL.O) Waymo remains the early leader while Tesla’s ⁠vast manufacturing scale and financial resources could reshape the competitive landscape. Continue reading “Uber, Nvidia plan robotaxi rollout in 28 cities starting next year”

(Reuters) – Drone maker AeroVironment (AVAV.O) said on Monday it has acquired Empirical Systems Aerospace, a producer of unmanned aircraft systems and advanced ‌air mobility platforms, in a cash-and-stock deal valued at about $200 million.

ESAero will operate as a subsidiary of AeroVironment, reporting into its precision strike and defense systems group, which makes Kamikaze ⁠drones, or loitering munitions.

The deal unfolds against a backdrop of increased defense outlays and growing adoption of precision drones amid ongoing global conflicts, and follows AeroVironment’s $4.1 billion purchase of space and defense engineering firm BlueHalo in 2025. Continue reading “Drone-maker AeroVironment buys aerospace engineering firm ESAero in $200 million deal”

Source : PTI | The Maharashtra government has decided to make permits mandatory for passenger-carrying electric rickshaws and e-bikes to ensure uniformity in rules in the sector, Transport Minister Pratap Sarnaik announced on Friday.

The decision comes at a time when the transport department has said it would stop issuing new permits for autorickshaws (with yellow-and-black registration plates) in the state, and has temporarily suspended permits issued to three operators to use e-bikes. Continue reading “Maharashtra govt decides to make permits mandatory for commercial e-bikes, e-autos”

TOKYO, (Reuters) – Honda’s $15.7 billion writedown of its electric vehicle business is not just a painful reversal of its strategy for the U.S.; it also highlights more challenges to come from China, where it faces a widening technological gap.

On Thursday, Japan’s ​second-largest automaker said it would restructure its EV business – primarily in the U.S. – and write down the value of some Chinese ‌operations, a move that could amount to an estimated 2.5 trillion yen ($15.7 billion). It will also report its first annual loss in its nearly 70 years as a listed company, it said. Continue reading “Honda’s $15.7 billion EV writedown is painful, but China challenges loom down the road”

(Reuters) – Tesla CEO Elon Musk said on Saturday that the company’s Terafab project to make artificial intelligence ​chips will launch in seven days.

Musk had said last ‌year that Tesla probably will have to build “a gigantic chip fab” to make artificial intelligence chips.

Tesla is designing its fifth-generation AI chip ​to power its autonomous ambitions, and Musk at ​the company’s annual meeting last year laid out potential ⁠manufacturing plans. Continue reading “Musk says Tesla’s mega AI chip fab project to launch in seven days”

(Reuters) – Australian graphite miner Syrah Resources said on Monday it agreed with Tesla to extend for a fourth time a ​deadline to resolve an alleged default under their ‌graphite supply agreement to June 1.

Tesla had previously issued a notice alleging that Syrah failed to meet an obligation to provide ​conforming natural graphite active anode material (AAM) samples from ​its Vidalia facility in Louisiana, according to the ⁠company. Continue reading “Australia’s Syrah, Tesla extend deadline to resolve alleged default in graphite supply deal”

BEIJING, (Reuters) – Volkswagen reclaimed car sales dominance in China, the world’s largest auto market, in the first two months of 2026 when Toyota ​also regained ground, both overtaking local electric vehicle champion BYD, ‌amid fading subsidies for greener cars.

VW’s Chinese joint ventures with FAW and SAIC held a combined 13.9% share of the country’s passenger vehicle market in sales ​terms, followed by Geelys 13.8% and a combined 7.8% from Toyota’s ​JVs with GAC and FAW, data from the China Passenger ⁠Car Association showed. Continue reading “Volkswagen reclaims top spot in China car sales, BYD falls to fourth as EV subsidies fade”

NEW YORK,(Reuters) – A U.S. judge on Friday dismissed a ​lawsuit accusing the automaker ‌Stellantis of defrauding shareholders by failing to disclose how it overloaded ​retailers with excessive inventory, ​known as channel stuffing, leading to ⁠short-term sales increases and ​long-term sales declines.

Stellantis, whose many ​brands include Chrysler, Dodge, Fiat, Jeep and Peugeot, was accused in the ​proposed class action of making ​false and misleading statements about its ‌pricing ⁠power, inventory and margins in light of the channel stuffing, inflating its share price. Continue reading “Stellantis wins dismissal of shareholder lawsuit in US over ‘channel stuffing’”

WASHINGTON, (Reuters) – Major auto trade groups urged the U.S. government to keep ​Chinese carmakers out of the country, according to a letter seen by Reuters, potentially ‌complicating President Donald Trump’splanned summit with Chinese President Xi Jinping.

The groups raised “serious concerns about China’s ongoing efforts to dominate global automotive manufacturing and to gain access to the U.S. market. These actions pose a direct threat to America’s global competitiveness, national security, ​and automotive industrial base.” Continue reading “Auto groups urge Trump to keep Chinese carmakers out of US”

(Reuters) – Hyundai Motor said on Friday it is ​stopping sales of some new Palisade SUVs in the United States ‌and Canada and will recall them over an issue with power seats following an incident in which a two-year-old girl was killed in Ohio on March 7.

The automaker said ​sales of its 2026 model year Hyundai Palisade Limited and Calligraphy trims were halted ​because the second- and third-row power seats may not detect contact ⁠with an occupant or object as intended. It gave no details ​on the March 7 incident. Continue reading “Hyundai issues stop sale for some 2026 Palisade SUVs after fatal incident”

Source : PTI | Haryana Chief Minister Nayab Singh Saini on Friday said that the rumours regarding disruption in the supply of domestic LPG gas, petrol and diesel in the state amid the ongoing West Asia conflict are completely baseless.

He assured that the supply of domestic LPG, petrol and diesel in Haryana is completely normal and continuing without interruption. Continue reading “Supply of LPG, petrol, diesel in state completely normal: Haryana CM”

Source : PTI | The ongoing war in West Asia is expected to significantly disrupt tyre exports, increase raw material costs, and create logistical challenges for the industry and would need urgent policy support to mitigate emerging challenges, the Automotive Tyre Manufacturers Association (ATMA) said on Thursday.

The tyre industry body said it has submitted a representation to the government highlighting the serious implications of the ongoing West Asia conflict for the Indian manufacturers. Continue reading “West Asia crisis may hit India’s tyre exports: ATMA”

Source : PTI | The Uttar Pradesh Cabinet on Tuesday gave its approval to the Mukhyamantri Gram Parivahan Yojana-2026, under which bus connectivity will now reach every village across the state.

The cabinet meeting was held on Tuesday at Lok Bhavan under the chairmanship of Chief Minister Yogi Adityanath. Continue reading “UP Cabinet clears scheme to extend bus connectivity to over 59,000 gram sabhas”

Monthly Performance: February 2026 | Production: The total production of Passenger Vehicles, Three Wheelers, Two Wheelers, and Quadricycle in February 2026 was 28,64,612 units

Domestic Sales:

• Passenger Vehicles2 sales were 4,17,705 units in February 2026.
• Three-wheeler sales were 74,573 units in February 2026.
• Two-wheeler sales were 18,71,406 units in February 2026.

Continue reading “Indian Auto Industry Performance in February 2026 | SIAM”

Summary

• Global EV sales down 11% to just over 1 million
• February sales down 32% in China, 35% in North America
• Europe up 21%, rest of world up 78%

(Reuters) – Global EV registrations fell 11% in February, dragged by ‌China’s largest sales drop since the onset of the COVID-19 pandemic in early 2020, data by consultancy Benchmark Mineral Intelligence (BMI) showed on Friday.

As governments worldwide hit the brake on policies designed to encourage purchases of electric cars, China has pulled funding for auto trade-ins, while a tax exemption on EV purchases in the country expired ⁠at the end of last year. Continue reading “Global EV sales fall again in February”

Summary

• Rivian plans cheaper R2 variants by 2027, including a $45,000 model
• R2 launch variant offers 656 horsepower and 330 miles of range
• Rivian aims to compete with Tesla’s Model Y with R2 line

SAN FRANCISCO, (Reuters) – Rivian (RIVN.O) will begin delivering its more affordable R2 line of ‌SUVs this spring with a variant priced at $57,990 and roll out cheaper options by 2027, as the electric vehicle maker looks to widen its customer base and take on Tesla’s best-selling Model Y.

Shares of the company were down nearly 4%. Continue reading “Rivian to begin R2 deliveries with $58,000 launch variant this spring”

TOKYO, (Reuters) – Shares in Honda Motor (7267.T), closed down nearly 6% ‌in Tokyo on Friday after the automaker flagged its first annual loss in almost 70 years as a listed company, hit by up to $15.7 billion in restructuring costs ⁠tied to its electric-vehicle business.

Honda stock ended the day 5.6% lower at 1,368 yen, making it the second-largest decliner on the benchmark Nikkei 225 (.N225), and marking the company’s biggest one-day fall since early February 2025. Continue reading “Honda shares slide nearly 6% as automaker faces first annual loss”

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NHAI deploys 5100 women staff across 1140 NH toll plazas WAF Continue reading “WAF Auto News | The Auto World This Week (13th March 2026)”

March 2026, Ahmedabad: drivebuddyAI, a leading innovator in AI-powered driver safety and fleet intelligence, has been awarded a patent for its facial recognition system designed to operate reliably in dynamic in-vehicle environments. The innovation enables accurate identification of drivers inside the moving vehicle, enabling commercial fleets to ensure driver authenticity and driving hours compliance. Continue reading “drivebuddyAI Secures Patent for AI-based Facial Recognition”

SEOUL, (Reuters) – South Korea’s customs authorities said on Thursday that they would ramp up a crackdown ​on illegal car exports to Russia after discovering ‌a growing number of vehicles being sent to Russia via third countries such as China, Kazakhstan and Kyrgyzstan.

Illegal vehicle exports from ​South Korea to Russia jumped more than five-fold to ​149.2 billion won ($100.78 million) last year compared to ⁠2024, when Seoul tightened export restrictions in response to ​Russia’s full-scale invasion of Ukraine, Korea Customs Service said in a ​statement. Continue reading “South Korea pledges to accelerate crackdown on illegal car exports to Russia”

LONDON, (Reuters) – Elon Musk’s Tesla can soon start supplying British homes with electricity after it was granted ​a licence on Thursday, bringing a new competitor into ‌the market at a time of heightened worries over rising bills.

The country’s energy regulator Ofgem said Tesla Energy Ventures, a unit of Tesla had ​now been approved as an electricity supplier after ​a process which began last July. Continue reading “Tesla set to start supplying UK homes with electricity”

Summary

• BMW expects moderate decline in pre-tax earnings, stagnant deliveries
• Tariffs impact core EBIT margin, forecast at 4-6% in 2026
• China market challenges persist, sales slump 12.5% last year

BERLIN, (Reuters) – BMW sees little relief ahead with ongoing tariff costs and intense competition in China, warning on Thursday of a moderate decline in 2026 pre-tax earnings and a stagnation in deliveries of its cars.

BMW’s rivals Volkswagen and Mercedes ​also reported a weak 2025 dominated by trade barriers, falling China sales and electrification missteps as ​market demand for EVs diverges in key markets. Continue reading “BMW braces for another year of tariff and China struggles”

Summary

• Honda to lose as much as 570 billion yen this fiscal year
• Writedown is latest in industry grappling with EV transition
• US shares down about 8% in premarket trading

TOKYO, – Honda will fall to its first annual loss in almost 70 years as a listed ‌company, hit by up to $15.7 billion in restructuring costs at its EV business, it said on Thursday, as weaker-than-expected demand for the technology hammers automakers.

Under President Donald Trump, Washington has ended government support for EVs, forcing the likes of Ford and Stellantis to rethink their strategies and ​book hefty write-downs of their own. Continue reading “Honda flags first annual loss, hit by $15.7 billion EV charge”

Source : PTI | The Uttar Pradesh Cabinet on Tuesday gave its approval to the Mukhyamantri Gram Parivahan Yojana-2026, under which bus connectivity will now reach every village across the state.

The cabinet meeting was held on Tuesday at Lok Bhavan under the chairmanship of Chief Minister Yogi Adityanath. Continue reading “UP Cabinet clears scheme to extend bus connectivity to over 59,000 gram sabhas”

Source : PTI | Under its new EV policy, the Delhi government may mandate 30 per cent of all school buses shift to electric by end of March 2030, a government document said.

According to the document, under the new EV policy likely to be tabled during the upcoming budget session of Delhi Assembly, a complete road tax and registration fees exemption is also likely for all electric cars below Rs 30 lakh. Continue reading “Delhi govt’s new EV policy may mandate electrification of 30% of entire school bus fleet by 2030”

(Reuters) – Elon Musk on Wednesday unveiled a joint project between Tesla (TSLA.O) and his artificial intelligence startup xAI, which he called “Macrohard” or “Digital Optimus” and said that it was a system capable ‌of emulating the functions of software companies.

In a post on his social media platform X, Musk said the project pairs xAI’s Grok large language model, acting as a high-level “navigator,” with a Tesla-developed AI agent that processes real-time computer screen video and keyboard and ⁠mouse actions. Continue reading “Musk unveils joint Tesla-xAI project ‘Macrohard’, eyes software disruption”

Summary

• Porsche CEO plans shift to high-margin sports cars for recovery
• Sales in China fell over 25% due to local competition
• Porsche forecasts modest recovery in operating return on sales for 2026

BERLIN, (Reuters) – Porsche’s (P911_p.DE) new CEO announced plans on Wednesday to draw on high-margin sports cars, such as ‌the iconic 911, to recoup losses from a turbulent 2025 marked by tariff costs, electrification missteps and the collapse of its sales in China. Continue reading “Calling 911: Porsche CEO looks to petrol classics for margin revival”

Summary

• Analysts halve 2026 delivery growth forecast to 3.8% from 8.2% in January
• Morningstar, Morgan Stanley among analysts predicting a fall
• Tesla’s cash flow expected to turn negative amid high capital expenditures
• Tesla faces competition, tax credit loss and weak demand for affordable variants

SAN FRANCISCO, (Reuters) – Tesla (TSLA.O) investors and analysts are cutting estimates for its electric vehicle deliveries and some are now expecting a third straight year of decline, pressuring profit as CEO Elon Musk refocuses on the expensive goals of launching robotaxis and humanoid robots. Continue reading “Tesla delivery slide may stretch to third year, some fear, as cash burn looms”

TOKYO, (Reuters) – Nissan Motor, Uber Technologies and British startup Wayve said on ​Thursday they will collaborate on developing robotaxis, aiming ‌to roll out a pilot programme in Tokyo by late 2026.

Uber’s first autonomous vehicle partnership in Japan, the plan provides ​for Nissan Leaf electric vehicles equipped with Wayve’s ​self-driving technology to be made available to customers ⁠via Uber, the companies said in a joint statement. Continue reading “Nissan, Uber, Wayve unveil robotaxi tie-up”

(Reuters) – Steep depreciation and improving reliability are drawing more Americans to used electric vehicles, turning the pre-owned market into a key entry point for buyers priced out of new EVs as federal incentives fade.

Falling resale prices that are also driven by rapid advances in ​battery technology, range and software have pushed many second-hand EVs closer in cost to comparable gasoline vehicles, while over-the-air updates ‌and a growing charging network are easing earlier concerns about ownership. Continue reading “Falling prices steer US buyers toward used electric vehicles”

NEW YORK, (Reuters) – Bankrupt U.S. auto parts maker ⁠First Brands said Tuesday that ​it had agreed to sell its ​Walbro business line to Canada-headquartered Active Dynamics Group for $50 million. The company is selling ​business units to fund its ​bankruptcy restructuring and address fraud claims.

The sale will ‌preserve ⁠600 jobs in Michigan, Arizona, and Los Mochis, Mexico, First Brands said. Continue reading “Active Dynamics buys First Brands’ Walbro business for $50 million”

Summary

• New CEO Michael Leiters to make earnings debut on Wednesday
• Recovery efforts seen focused on cost cuts, combustion engines
• Tariffs and Middle East war complicate turnaround drive

BERLIN, (Reuters) – Porsche’s new CEO is likely to double down on ​cost cuts and lean harder into combustion-engine cars as he seeks to persuade investors he can ‌revive the ailing sportscar maker in his first earnings update on Wednesday.

But global trade tensions and the potential economic shock from war in the Middle East will make any turnaround difficult. Continue reading “Porsche aims to regain speed with cost cuts and combustion engines”

Source : PTI | Auto components maker Minda Corporation on Tuesday said it has inked a joint venture pact with Turntide Technologies to offer new generation powertrain solutions for the electric vehicle industry.

Minda Corp through its wholly owned SPV will hold 49 per cent stake in the joint venture firm and Turntide will hold the remaining 51 per cent. Continue reading “Minda Corp, Turntide join hands for EV powertrain solutions”

LOS ANGELES, (Reuters) – U.S. container import volumes fell 6.5% in February from last year to levels typical for the post-winter ​holiday shopping season, supply chain technology provider Descartes Systems ‌Group said on Tuesday.

U.S. seaports last month handled 2,093,422 20-foot equivalent units (TEUs), the standard measure for container volume. That was the fourth-strongest February on record, Descartes ​said. Continue reading “US container imports fell 6.5% in February, still fourth-highest on record, Descartes says”

Summary

• Zoox expands testing to 10 U.S. markets, including Dallas and Phoenix
• New depots and Fusion Center to create hundreds of jobs
• U.S. regulators to hold autonomous vehicle safety ​forum with industry CEOs

(Reuters) – Amazon’s robotaxi unit Zoox is expanding testing to ‌Dallas and Phoenix and launching a command hub for fleet operations in Arizona, as it looks to widen its footprint in the U.S.’s increasingly competitive autonomous taxi market.

The move will expand testing ​operations to 10 markets across the country, Zoox said on Monday, adding ​the two Sun Belt cities to existing sites including Las Vegas, ⁠the San Francisco Bay Area, Seattle, Austin, Miami, Los Angeles, Atlanta and Washington, ​D.C. Continue reading “Amazon’s Zoox to launch command hub in Arizona, expand testing to Dallas and Phoenix”