(Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it had opened a recall query covering 27,816 of Sweden-based EV maker Polestar’s Polestar 2 vehicles over a loss of rear-view camera image.
A recall query is an investigation opened by safety regulators when a remedy to solve an issue appears inadequate. Continue reading “US safety regulator opens recall query into over 27,000 Polestar 2 vehicles”
SHANGHAI, (Reuters) – Chinese automaker Chery on Saturday denied assertions that it had improperly claimed government subsidies for environmentally friendly vehicles.
An audit by the Ministry of Industry and Information Technology disqualified declarations by Chery and BYD for a combined $53 million in government subsidies for thousands of vehicles sold in the five years to 2020, accounting for nearly 60% of such improper claims. Continue reading “China’s Chery denies improper subsidy declarations”
July 12 (Reuters) – Jaguar Land Rover North America is recalling 20,999 vehicles in the United States due to torn passenger airbags that may not adequately protect an occupant in a crash, increasing the risk of injury, the U.S. National Highway Traffic Safety Administration said on Saturday. Continue reading “Jaguar Land Rover North America recalls about 21,000 US vehicles over torn passenger airbags”
Source : PTI | Japan’s Ambassador to India Keiichi Ono and Japan’s Minister of Economic and Development Affairs Koyoko Hokugo met Gujarat Chief Minister Bhupendra Patel in Gandhinagar on Friday.
During the meeting, the Ambassador highlighted Japan’s intent to deepen ties with the state and appreciated Gujarat government’s support to over 350 Japanese companies operating here, said a government release. Continue reading “Japan eyes bigger role in Gujarat’s semiconductor, EV sectors; Envoy meets CM Patel”
Source : PTI | The Delhi government is mulling to extend the EV policy, which will expire on July 15, sources said.
The EV policy has been extended multiple times under both the previous AAP regime and the current government led by the BJP.
The EV policy will expire on July 15, and the government is considering extending it since the new policy is still in the works, sources said. The government might extend the existing policy for another three months, they added. Continue reading “Delhi govt mulling to extend EV policy as new policy still in works”
Source : PTI | West Bengal is set to join India’s rare earth mining map with the Geological Survey of India (GSI) conducting advanced exploration in Purulia district, a senior official said on Friday.
Although the rare earth deposit in Purulia is relatively small, the development is significant as India looks to reduce dependence on imports of critical minerals essential for electric vehicles (EVs), electronics, and renewable energy technologies. Continue reading “West Bengal gears up for rare earth mining in Purulia”
(Reuters) – Tesla will open its first India showroom in Mumbai next week, having imported $1 million worth of cars and merchandise, marking its entry into the world’s third-largest car market despite CEO Elon Musk’s complaints about high import tariffs.
In an invitation to media late Thursday, the carmaker said the July 15 event was the “launch of Tesla in India through the opening of the Tesla experience centre at Bandra Kurla Complex,” located in the city’s leading commercial business district. Continue reading “Musk’s Tesla marks formal India entry with Mumbai launch event”
MUNICH, (Reuters) – BMW’s CEO said on Friday he was optimistic that the European Union and the United States would soon reach a “manageable” agreement on auto import tariffs, potentially including a mechanism to offset imports with exports.
Oliver Zipse’s comments come as Europe awaits a letter from the U.S. administration under Donald Trump that could outline the framework of a trade deal and clarify tariff levels on European automotive exports. Trump said on Thursday the EU could receive a letter on tariff rates by Friday. Continue reading “BMW CEO hopeful for ‘manageable’ deal on US auto import tariffs”
Summary
(Reuters) – General Motors is pausing production at a pickup-truck plant in Mexico for several weeks, crimping output of its top-selling vehicles, people familiar with the situation told Reuters, and the company confirmed the information when asked. Continue reading “Exclusive: GM pickup-truck plant in Mexico pauses output for several weeks”
BERLIN, (Reuters) – Ford has agreed to a job protection scheme at its Cologne plant covering over 10,000 workers, with voluntary redundancies planned in response to the sluggish uptake of electric cars, the company and German employee representatives said on Friday.
Ford has been undergoing a painful restructuring in Europe, with cuts in Cologne and the upcoming closure of its Saarlouis plant dealing a fresh blow to Germany’s prestige as a carmaking hub. Continue reading “Ford agrees voluntary redundancies for troubled e-car site in Cologne”
(Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it had opened a recall query covering 27,816 of Sweden-based EV maker Polestar’s Polestar 2 vehicles over a loss of rear-view camera image.
A recall query is an investigation opened by safety regulators when a remedy to solve an issue appears inadequate. Continue reading “US safety regulator opens recall query into over 27,000 Polestar 2 vehicles”
HONG KONG, (Reuters) – Japan’s Nissan Motor has raised $4.52 billion in U.S. dollar- and euro-denominated senior unsecured bonds, according to a term sheet reviewed by Reuters on Friday, with the proceeds intended to refinance existing debt.
The issuance comes about a week after Reuters reported that Nissan has asked some suppliers to allow it to delay payments to free up short-term funds, highlighting its scramble to boost cash. Continue reading “Nissan Motor raises $4.5 billion in bond sales, term sheet shows”
Summary
(Reuters) – Tesla will hold its annual shareholder meeting on November 6, it said on Thursday, a day after a group of 27 investors urged the Elon Musk-led electric automaker to set a date, citing legal obligations.
The company, which held its last meeting in June 2024, has been grappling with a series of events such as Musk’s public feud with President Donald Trump, the end of EV tax credits and a sales slump due to aging vehicle lineup. Continue reading “Tesla to hold annual shareholder meeting in November as investor scrutiny mounts”
(Reuters) – Ford Motor is recalling 850,318 vehicles in the U.S. due to a potential low-pressure fuel pump failure, which could cause an engine stall, the U.S. National Highway Traffic Safety Administration said on Thursday.
A faulty fuel pump can reduce fuel flow from the tank to the engine, causing an engine stall and increasing the risk of a crash, NHTSA said. Continue reading “Ford recalls more than 850,000 vehicles in US over fuel pump defect”
(Reuters) – Electric vehicle maker Tesla inched closer to start its sales in India, as it said on Friday it would be opening its first showroom at the financial hub of Mumbai on July 15, dubbed as an “experience center”.
Reuters reported in March that the Elon Musk-led company had signed a lease deal to open its first showroom in Mumbai to start its sales in India. Continue reading “Tesla to open first India store on July 15 in Mumbai”
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Does it Make Sense to Buy an Electric Car for Personal Use in India? CarPhD Continue reading “WAF Auto News | The Auto World This Week (11th July 2025)”
(Reuters) – Grok AI will be available in Tesla vehicles next week “at the latest”, the EV maker’s CEO, Elon Musk, said in a post on X on Thursday.
Musk’s AI startup xAI launched Grok 4, its latest flagship AI model, on Wednesday. While Musk had earlier said Tesla vehicles would be equipped with Grok, the billionaire CEO had not shared a timeline.
Tesla did not immediately respond to a request for comment. Continue reading “Grok AI to be available in Tesla vehicles next week, Musk says”
(Reuters) – Polestar reported a surge in second-quarter sales on Thursday, bolstered by strong demand for its electric vehicles in its home market of Europe, even as it faces challenges in markets such as the U.S.
Shares of the company rose more than 5%.
Demand for Polestar’s EVs has remained resilient in Europe due to offers and discounts, while several other markets have been weighed by high interest rates, inflation and availability of more affordable hybrid or gas-powered options. Continue reading “Polestar’s quarterly EV sales jump as strength in Europe offsets US struggles”
By Swaraj Baggonkar, Financial Express
After cements, paints and ports, JSW Group has big plans for the automotive sector. Parth Jindal, MD, JSW Cement and JSW Paints, shares with Swaraj Baggonkar the details of the group’s plans, including the launch of a new electric car at Rs 10 lakh, besides plans to hike equity in JSW MG Motor India.
Will you offer more products in the mass market segment?
We are working on an electric vehicle (EV) which will be smaller than the Windsor. We hope we can bring in that model in the Rs 10-12 lakh price bracket. We will also bring in a larger SUV, which will be offered with three drivetrains – EV, hybrid and ICE (internal combustion engines). Continue reading “‘We will launch a Rs 10-lakh electric car soon’: Parth Jindal”
JSW MG Motor India has taken a bold step toward reshaping the premium automotive retail experience with the launch of MG SELECT, an exclusive new-age luxury brand concept. Marking the beginning of this initiative, the company today inaugurated its first MG SELECT Experience Centre in Thane, Maharashtra.
Anurag Mehrotra, Managing Director of JSW MG Motor India, stated, “Luxury consumption in India has grown exponentially in recent years. With MG SELECT, we aim to create a niche for luxury car buyers by redefining and elevating the car ownership journey. Our vision aligns with our dealer partners, and together we intend to set new benchmarks in offering technologically advanced products and exclusive experiences.” Continue reading “JSW MG Motor Launches First Experience Centre In Thane”
Source : PTI | Clean energy firm Gentari and Shell India have formed a strategic partnership to improve electric vehicle (EV) charging accessibility nationwide, according to a company announcement on Thursday.
The partnership aims to provide access to a collective network of over 450 EV charging points across India.
“Effective July 10, Shell Recharge charging points will be accessible through the Gentari Go app, and Gentari chargers will be available to Shell Recharge users, giving them access to a network of more than 450 chargers,” Gentari said in a statement. Continue reading “Gentari, Shell India forge EV charger roaming partnership in India”
Summary
(Reuters) – China’s auto sector is reeling from overcapacity and an extended price war, raising alarm among regulators and industry executives who warn the turmoil is undermining the sector’s long-term viability.
China’s top leaders have pledged to step up regulation of aggressive price-cutting and support the orderly phasing out of outdated production capacity, state media reported earlier this month. Continue reading “China automakers’ price war, overcapacity hurt finances”
TOKYO, (Reuters) – Nissan Motor has suspended U.S. production of three vehicle models for Canada amid mutual tariffs imposed by the U.S. and Canada on auto imports, the automaker said.
It has halted production of Pathfinder and Murano SUVs and Frontier pickup trucks, the Japanese automaker said in a statement late on Wednesday, without saying when the suspension went into effect or how long it expected it to stay in place. Continue reading “Nissan says it has halted US production of three models sold in Canada”
Summary
SAN FRANCISCO, (Reuters) – Tesla will expand its robotaxi service to the San Francisco Bay Area “in a month or two”, depending on regulatory approvals, CEO Elon Musk said on Wednesday.
Tesla last month rolled out a test of the long-promised service in a limited area of Austin, Texas, with about a dozen vehicles, a select group of passengers and many restrictions, including a safety monitor in the front passenger seat. Continue reading “Tesla to expand robotaxis to San Francisco area within two months, Musk says”
BEIJING, (Reuters) – Chinese electric vehicle maker BYD on Wednesday promised to take responsibility for losses to cars with its God’s Eye assisted driving systems in smart parking scenarios in China.
BYD has achieved smart parking equivalent to level 4, meaning drivers can take their hands, eyes and minds off the driving task under certain conditions, with automakers held liable for accidents, it said in a statement. Continue reading “BYD makes safety pledge for cars with proprietary assisted driving in China”
(Reuters) – A group of 27 major Tesla shareholders urged the electric automaker’s board on Wednesday to set a date for its annual shareholder meeting this year, citing legal obligations and growing governance concerns.
Tesla is close to missing a legal deadline and has not announced this year’s meeting, the group consisting of U.S. state treasurers, pension funds and governance experts said in a letter. Continue reading “Tesla investors ask board to set date for overdue annual shareholder meeting”
FRANKFURT, (Reuters) – Porsche expects a 300 million euro ($351 million) hit to results as a consequence of absorbing U.S. import tariffs in April and May, the luxury sportscar manufacturer said in slides published after an investor call ahead of quarterly results.
The company had previously spoken only of a hit in low triple-digit million euros for the two months, without giving a firm number. Continue reading “Porsche expects $351 million tariff hit for April and May”
Summary
DETROIT, (Reuters) – Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall.
Tesla’s homepage on Tuesday displayed a banner: “$7,500 Federal Tax Credit Ending. Take Delivery by September 30, 2025.” Continue reading “Automakers push EV sales as $7,500 US tax credit is set to end”
Source : PTI | Policy interventions can enable unlocking of USD 3.5 billion lithium ion recycling and production ecosystem in the country by 2030, a report by industry body India Cellular and Electronics Association (ICEA) and Accenture said on Wednesday.
The report estimates that without any policy intervention and measures to facilitate investments, the present lithium battery (LiB) recycling expansion plans have the potential to generate revenue in the range of USD 500-1,000 million between 2025 and 2030. Continue reading “Policy intervention can help unlock $3.5-bn li-ion battery recycling, production in India: Report”
Source : PTI | The proposed 50 per cent import tariff on copper announced by US President Donald Trump will not have any impact on Indian companies as the country is copper-deficient, according to an industry official.
Also, Coal and Mines Minister G Kishan Reddy on Wednesday said India will discuss the impact of US tariffs on copper. Continue reading “No impact of 50% copper tariffs by US on Indian companies, says industry”
(Reuters) – German luxury sports carmaker Porsche said on Tuesday its sales fell in the first half of the year, blaming challenging market conditions and intense competition for a 28% slump in the Chinese market.
Globally the sales of the carmaker fell 6% and Porsche delivered a total of 146,391 vehicles worldwide, but they grew by 10% in North America, its largest region. Continue reading “Porsche’s sales fall globally in first half, China leads slump”
LONDON, (Reuters) – Chery said on Tuesday it will launch sales of its Chery brand in Britain in the coming weeks with two new SUV models, joining a growing number of Chinese automakers and brands competing for share in one of Europe’s most competitive car markets.
Chery launched its Omoda brand in Britain last August, followed by its Jaecoo brand in January. Continue reading “China’s Chery brand to launch in Britain with two new SUVs”
(Reuters) – Ford Motor said Tuesday it believes its planned $3 billion Michigan electric vehicle battery plant, which is 60% complete, will qualify for production tax credits after a massive tax and budget bill revised the rules.
In May, Ford had sounded the alarm over the potential for the U.S. government to eliminate production tax credits that support the manufacturing of electric vehicle batteries using Chinese technology in the House version of legislation. Continue reading “Ford says Michigan EV battery plant ‘on track’ for production tax credits”
Summary
BEIJING, (Reuters) – China’s car sales rose in June for the fifth straight month, but reports by some major electric vehicle makers of easing demand raised concerns about intensifying competition in the world’s largest auto market. Continue reading “China car sales jump in June but EV price war concerns intensify”
Summary
(Reuters) – A gauge of U.S. used vehicle prices sold at wholesale auctions that proved predictive ahead of the inflation surge following the COVID pandemic is climbing again, last month notching its largest annual increase in nearly three years. Continue reading “US used car prices surge as tariffs drive market volatility”
Summary
BEIJING, (Reuters) – Unusually large quantities of antimony – a metal used in batteries, chips and flame retardants – have poured into the United States from Thailand and Mexico since China barred U.S. shipments last year, according to customs and shipping records, which show at least one Chinese-owned company is involved in the trade. Continue reading “How US buyers of critical minerals bypass China’s export ban”
TOKYO, (Reuters) – Nissan Motor has suspended production of three vehicle models for Canada at its Tennessee and Mississippi plants amid mutual tariffs imposed by the U.S. and Canada on auto exports, the Nikkei reported on Wednesday.
The production halt, which began in May, affects the Pathfinder and Murano SUVs made in Tennessee and the Frontier pickup trucks produced in Mississippi, the report said. Continue reading “Nissan has halted production of three models for Canada at two US plants, Nikkei reports”
Mr. Vikram Pawah to take charge as Chief Executive Officer of BMW Group Australia and New Zealand.
BMW Group India has announced a change in personnel at the helm with Mr. Hardeep Singh Brar being appointed as the President and Chief Executive Officer effective 1 September 2025.
Mr. Hardeep Singh Brar succeeds Mr. Vikram Pawah who is taking charge as Chief Executive Officer of BMW Group Australia and New Zealand. Continue reading “Mr. Hardeep Singh Brar appointed as President and Chief Executive Officer of BMW Group India”
Summary
(Reuters) – Tesla shares fell nearly 8% on Monday after CEO Elon Musk’s plans to launch a new U.S. political party reignited concerns about his commitment to the company’s future as it struggles with declining sales.
Musk unveiled the ‘America Party’ over the weekend after a public dispute with President Donald Trump on the tax-cut and spending bill. Trump, once an ally of Musk, called the latest idea “ridiculous”. Continue reading “Tesla slides as Musk’s ‘America Party’ heightens investor worries”
(Reuters) – Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on Monday after CEO Elon Musk’s plans to launch a new U.S. political party heightened concerns about his commitment to the company’s future.
The company’s shares slumped 7.5% in early trading after Musk’s political move, which followed an open feud with Donald Trump over the U.S. president’s tax-cut and spending bill. Continue reading “Tesla short sellers set to pocket about $1.4 billion in profits after stock slump”
