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
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
(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”
Summary
(Reuters) – Electric air-taxi maker Archer Aviation accused rival Joby Aviation in a countersuit filed Monday of defrauding the U.S. government and hiding close ties to China that it used to gain an unfair competitive advantage.
In the countersuit filed in U.S. federal court, Archer said that “Joby and/or its agents fraudulently misclassified thousands of pounds of Chinese-origin aircraft materials as consumer goods…in an apparent effort to evade U.S. tariffs and foreign-influence oversight.” Continue reading “Air-taxi maker Archer accuses rival Joby of illegal China ties”
Summary
ANTWERP/SODERTALJE, Sweden, (Reuters) – Chinese electric freight trucks are rolling into Europe at pace this year, following the trail blazed by Chinese EVs and threatening to upend the market with better technology and lower prices.
Reuters has identified more than half a dozen Chinese manufacturers planning to launch European heavy truck sales in 2026. They include EV giant BYD; Geely Holding (GEELY.UL) unit Farizon; China’s top-selling electric truck brand Sany; Sinotruk; and startups Windrose and SuperPanther. Continue reading “European freight truck makers brace for wave of low-cost Chinese rivals”
Summary
GUYANCOURT, France, (Reuters) – Renault plans to sell half of its Renault brand cars overseas by 2030 and grow volumes by over a fifth, it said on Tuesday, as it looks to tap growth outside Europe to remain competitive in a tough global market.
The French automaker faces intensifying competition from low-cost Chinese players including BYD and Chery as well as traditional rivals like Stellantis in its key European market, creating mounting price pressure that has eroded profit margins. Continue reading “Renault plans push beyond Europe to boost sales by 2030”
Source : PTI | The Maharashtra government suspended the issuance of new autorickshaw permits from Monday in a bid to curb rising traffic congestion and urban pollution, state transport minister Pratap Sarnaik said.
A release from his office said the suspension will remain in force until the state cabinet takes a decision on the criteria for granting new autorickshaw permits. Continue reading “Maharashtra govt suspends issuance of autorickshaw permits to curb congestion, pollution: Sarnaik”
Source : PTI | The impact of global crude price rise on inflation is not estimated to be substantial at this point as India’s inflation is near the lower bound, Finance Minister Nirmala Sitharaman said on Monday.
In reply to a written question in the Lok Sabha, Sitharaman said the price of both global crude oil and the Indian basket has been on a declining trajectory for the past one year, till the geo-political clashes commenced in West Asia on February 28, 2026. Continue reading “Global crude price rise not to have substantial impact on inflation: Sitharaman”
Source : PTI | The Maharashtra government on Monday revoked the provisional licence issued to some motorbike aggregators as they did not fulfil certain requirements, state transport minister Pratap Sarnaik said.
Speaking in the legislative council, Sarnaik said the e-bike policy was to give employment to the sons of soils, adding that in states like Goa, tourist prefer bikes because it is cheaper for a single person rather than taking an autorickshaw or taxi.
Source : PTI | Petrol and diesel prices will not be increased for now despite international crude oil rates crossing $100 per barrel, top government sources said on Monday.
Officials said the government is closely monitoring global oil markets, but there is no immediate plan to raise retail fuel prices. Oil marketing companies are expected to absorb the current cost pressure for the time being.
Continue reading “No immediate hike in petrol, diesel prices despite crude crossing $100/barrel”
Madhus Garage Equipment has announced that Hunter Engineering Company, a global leader in wheel service technology, has chosen to realign exclusively with Madhus as its partner for the Indian market beginning 2026 and beyond.
This development marks a significant milestone in a relationship that has been built over more than 25 years of collaboration, technical alignment, and a shared commitment to advancing workshop technology across India. Over the past two decades, Hunter and Madhus have worked closely with automotive workshops, dealerships, and tyre service centres across the country, introducing advanced wheel alignment, balancing, and tyre service technologies supported by structured training and dependable after-sales support. Continue reading “Hunter Engineering realigns exclusively with Madhus for India operations”
Source : PTI | Ride-hailing firm Uber has entered into intercity bus ticketing on its app, with India becoming its first market globally to roll out the service, the company said on Friday.
The company has partnered with Ixigo’s AbhiBus to launch the service. Continue reading “Uber makes foray into intercity bus ticketing starting from India”
Source : PTI | To promote women’s empowerment and inclusivity in toll operations, NHAI has deployed over 5,100 female staff during day shifts to manage toll booths at over 1,140 toll plazas across the National Highways and Expressway networks in the country.
By encouraging greater involvement of women in frontline operational roles, NHAI aims to promote gender inclusivity and social empowerment, alongside improving service delivery at National Highway toll plazas across the country, an official statement said on Friday. Continue reading “NHAI deploys 5100 women staff across 1140 NH toll plazas”
Source : PTI | There is a need to relax criteria for India’s PLI scheme for automobiles to enable electric vehicle start-ups to benefit and contribute to the country’s green mobility journey, according to Euler Motors Founder & CEO Saurav Kumar.
The high ceiling for revenue and investments outlined in the PLI for the auto sector has meant that a company like Euler Motors, despite being among the top players in the electric small trucks and three-wheeler cargo segment, has not been able to participate in the scheme, Kumar told PTI in an interview. Continue reading “Need relaxation of auto PLI criteria to enable EV start-ups participation: Euler Motors”
Source : PTI | Delhi Chief Minister Rekha Gupta on Saturday travelled in a DTC bus and interacted with commuters to inspect the implementation of the Saheli Pink Smart Card initiative.
Launched by President Droupadi Murmu on Monday, the smart card allows women and transgender residents of the national capital to travel free of cost in Delhi Transport Corporation (DTC) buses. Continue reading “Delhi CM hops on DTC bus to check implementation of Saheli Pink Smart Card”
WASHINGTON, (Reuters) – The National Highway Traffic Safety Administration will hold a national autonomous vehicle safety forum on Tuesday that will include the CEOs of self-driving companies Waymo, Zoox and Aurora.
The Trump administration is looking for ways to speed up deployment of robotaxis and address regulatory barriers, while also scrutinizing safety issues. The meeting will include a discussion with Alphabet-unit co-CEO Tekedra Mawakana, Amazon’s Zoox CEO Aicha Evans and Aurora CEO Chris Urmson. Continue reading “US agency to hold self-driving safety forum with CEOs of Waymo, Zoox, Aurora”
(Reuters) – The Japanese government has approached Japan Display about operating a cutting-edge factory in the U.S. as part of its $550 billion investment and loan package in the country, Nikkei Asia reported on Saturday.
Reuters could not immediately verify the report. Continue reading “US, Japan eye $13 billion Japan Display plant as part of investment package, Nikkei Asia reports”
Summary
TOKYO, (Reuters) – Toyota supplier Denso has made a bid for chipmaker Rohm, a potential $8.3 billion deal that will expand the auto parts giant’s hold on power management chips used in electric vehicles and data centres.
Denso, a pillar of the Toyota group and one of the world’s largest makers of automotive components, has approached the Kyoto-based chipmaker about acquiring its shares, Rohm said in a statement on Friday, adding that nothing had been decided. Continue reading “Toyota’s Denso bids for chipmaker Rohm in potential $8.3 billion deal”
(Reuters) – The U.S.-Israel war with Iran, which entered its seventh day on Friday, threatens to disrupt the shipment of vehicles from Asia to the Middle East, a major export market for Asian automakers.
Chinese, Indian, South Korean and Japanese automakers export cars worth billions of dollars to the Middle East through the Strait of Hormuz and shipping along the route has ground to a halt over fears of attacks by Tehran. Continue reading “China, India lead car exports worth billions of dollars to the Middle East”
(Reuters) – Ford has issued two separate recalls affecting a total of 1.74 million vehicles in which defects could cause rearview-camera images to display incorrectly when the vehicle is in reverse.
One of the recalls affects about 850,000 Ford Bronco and Ford Edge models. It is related to a computer module that may overheat and shut down, preventing the rearview camera image from displaying as intended, the regulator said in a statement. Continue reading “Ford to recall 1.74 million vehicles in US over rearview camera issue, NHTSA says”
Summary
TOKYO, (Reuters) – Pressure from activists, or the fear of being targeted by them, is pushing Japanese companies to accelerate governance reforms by unwinding the cross-shareholdings that have underpinned relationships for decades.
Major firms including Toyota Motor and Nintendo have moved to unwind cross-shareholdings, Reuters has reported, with the “Super Mario” maker later announcing a sale. Continue reading “Activist threat pushes Japanese companies to unwind cross-shareholdings”
(Reuters) – Ford is recalling 604,533 vehicles in the U.S. because the windshield wiper motor may fail, reducing visibility and increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday.
The recall includes certain 2020-2022 Explorer, Escape, Lincoln Aviator, and Lincoln Corsair vehicles.
Dealers will inspect and replace the front wiper motors as necessary, free of charge, the agency said. Continue reading “Ford to recall nearly 605,000 vehicles in US over windshield wiper issue, NHTSA says”
Summary
BEIJING/SHANGHAI, (Reuters) – BYD unveiled its first major battery upgrade in six years on Thursday, as the Chinese electric vehicle maker seeks to regain momentum in a highly competitive domestic market after a steep sales slump.
The second-generation Blade Battery can charge rapidly from 20% to 97% in under 12 minutes, even at minus 20 degrees Celsius (minus 4 degrees Fahrenheit), delivering a driving range of 777 km (483 miles), BYD’s chairman Wang Chuanfu said in Shenzhen. Continue reading “BYD unveils faster-charging Blade Battery to revive China sales”
WAF THINK TANK
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Continue reading “WAF Auto News | The Auto World This Week (6th March 2026)”
Source : PTI | Transporters across Maharashtra have announced a statewide “chakka jam” from Thursday to protest against e-challans and other issues faced by the sector, and an indefinite strike from midnight.
After the last round of negotiations held at the Maharashtra Transport Commissioner’s office on Wednesday evening remained inconclusive, the Maharashtra Transport Action Committee (M-TAC) said that it would go ahead with the strike. Continue reading “Maharashtra transporters to launch stir against e-challans; indefinite strike from Thursday midnight”
Source : PTI | Green hydrogen, the cornerstone of net zero strategies around the world, could fail in becoming a truly sustainable fuel unless countries rapidly decarbonise their energy grids, according to a new study.
The study published in the journal Nature Communications Sustainability highlighted the decisive role that national energy mixes will play in determining the level of emissions involved in producing the fuel and its impact on the environment.
The researchers, led by Professor Lenny Koh, an expert in supply chains at the University of Sheffield’s Management School, evaluated 20 possible scenarios for producing and transporting green hydrogen across 14 countries from 2023 through to 2050. Continue reading “Green hydrogen drive could backfire without supply chain overhaul: Study”
Source : PTI | Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability for key domestic sectors.
India, which depends on long-term LNG contracts with Qatar for a significant share of its gas needs, has seen a temporary suspension of cargoes, leading to supply cuts up to 40 per cent for a range of industrial consumers and city gas distribution (CGD) companies. Continue reading “Qatar shuts LNG output amid Iran attacks; India supply hit”
India’s electric mobility story is accelerating. But every EV revolution needs one critical ingredient — a reliable, visible and easy charging ecosystem.
In that context, JSW MG Motor India has announced a significant milestone: its e-HUB by MG platform has now become India’s largest unified EV charging app, bringing together over 22,500 charging points across the country.
More importantly, the platform integrates 40 leading charge point operators (CPOs) — including Jio-bp, Tata Power, Adani Total Gas, Shell, Zeon Charging, ChargeZone, and Bharat Petroleum Corporation Limited.
The result: one unified digital gateway for EV charging across India.
Continue reading “MG’s e-HUB is now Officially India’s Largest Charging App”
STOCKHOLM, (Reuters) – Volvo Cars’ sales volumes fell 10% in the three months through February due to trade tariffs and other market headwinds, but sales of fully electric cars jumped, the Sweden-based group said on Wednesday.
Volvo Cars, majority-owned by China’s Geely Holding, said in a statement it sold 156,965 cars in the period. Volumes for fully electric models increased 18% to account for 25% of all cars sold.
Sales for the period were weighed down by tough market conditions, “impacted by tariffs and unfavourable regulatory developments especially in the United States. The prolonged new year holiday period in China further affected our performance,” it said in a statement. Continue reading “Volvo Cars sales volumes drop as US tariffs hit, but fully electric cars shine”
(Reuters) – Tesla’s UK sales dropped 37% in February from a year earlier, data from the Society of Motor Manufacturers and Traders (SMMT) showed on Thursday, as the automaker stayed under pressure from booming demand for EVs from Chinese competitors such as BYD.
Tesla’s sales declined to 2,422 vehicles during the month from 3,852 units a year earlier, the data showed.
Overall, total new car sales in the UK rose 7.2% to 90,100 units, marking the best February since 2004, the data showed, helped by recovering private retail sales. Continue reading “Tesla UK car sales drop 37% as Chinese competition heightens, SMMT data shows”
(Reuters) – Ford is recalling 604,533 vehicles in the U.S. because the windshield wiper motor may fail, reducing visibility and increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday.
The recall includes certain 2020-2022 Explorer, Escape, Lincoln Aviator, and Lincoln Corsair vehicles.
Dealers will inspect and replace the front wiper motors as necessary, free of charge, the agency said. Continue reading “Ford to recall nearly 605,000 vehicles in US over windshield wiper issue, NHTSA says”
Summary
Chhatrapati Sambhajinagar, March 5, 2026: Toyota Kirloskar Motor (TKM) today announced the successful upgradation of Government ITI Deogiri in Chhatrapati Sambhajinagar marking a key milestone in its ongoing MoU with the Government of Maharashtra to strengthen the state’s Industrial Training Institute (ITI) ecosystem. Additionally, Toyota Kirloskar Motor has also supported the upgradation of 16 Government ITIs across the Marathwada and Nagpur Divisions. This collaborative effort aims to empower rural youth by equipping them with world‑class technical skills, enabling them to become highly competent technicians and contribute meaningfully to India’s industrial growth. Continue reading “Toyota Kirloskar Motor Partners with Government ITI Deogiri in Chhatrapati Sambhajinagar, Maharashtra”
PARIS, (Reuters) – Car giant Stellantis plans to keep a high level of patent filings despite the cancellation of many electric vehicle projects as part of a strategic reset, its chief of innovation Anne Laliron said on Tuesday.
“(Chief Executive) Antonio Filosa is very much in favor of promoting creativity and protecting our innovations. We have very strong support for innovation and patents,” she told reporters.
The company has filed last year 1,294 patents in France, half of its worldwide total, she added. Continue reading “Stellantis’ innovation chief seeks to keep filing high level of patents despite strategic reset”
Summary
DETROIT, (Reuters) – General Motors is restructuring how its U.S. dealers sell used vehicles, a bid to compete better with fast-rising online sellers like Carvana.
The Detroit-based automaker said on Tuesday it is dissolving a long-standing program that helps its dealerships sell used cars with GM-backed warranties. Instead, it is asking retailers to move their pre-owned-vehicle operations under GM’s CarBravo brand, a national, online site it launched in 2023. Continue reading “GM moves to expand its dealers’ used-car business”
Summary
TOKYO, (Reuters) – Toyota’s decision to further sweeten its bid for group company Toyota Industries marks a win for activist fund Elliott Investment Management, which had pushed the automaker for months for a heftier bump up in price.
But the increased offer is hardly a stunning victory for governance. It still does not address what investors had seen as some of the underlying issues – in particular that it was unfair to minority shareholders, even as Chairman Akio Toyoda stands to directly benefit. Continue reading “Toyota’s buyout deal is a bigger win for Elliott than for governance”
(Reuters) – Volkswagen’s new Scout Motors brand has taken more than 160,000 reservations for its first model, with most customers opting for an extended-range hybrid version instead of full electric, a top executive said on Wednesday.
Scout will begin building prototype models this year at a plant the automaker is constructing in South Carolina, Scout CEO Scott Keogh said at an Automotive Press Association event in Detroit. Continue reading “VW’s once all-electric Scout brand sees big demand for hybrid models”
WASHINGTON, (Reuters) – The National Transportation Safety Board said Tuesday it is investigating a new incident in January of Waymo self-driving vehicles passing a stopped school bus with its lights activated in violation of Texas state law.
The Alphabet unit in December recalled its self-driving vehicles after Texas officials said they had illegally passed school buses at least 19 times since the start of the school year. Continue reading “NTSB says Waymo robotaxis illegally passed stopped school buses in new incidents”
