SAO PAULO, (Reuters) – Brazil’s auto production fell 6.5% in June from the previous month, totaling 200,764 units, data released by automakers association Anfavea showed on Monday.
Auto sales in Latin America’s largest economy were down 5.7% in the month to 212,932 units, the group added. Continue reading “Brazil’s auto sales, production dip in June”
(Reuters) – Europe’s car industry could return to producing 16.8 million cars a year, equalling its post-2008 crisis peak, if the European Union maintains its 2035 clean cars target and implements policies to support the transition, a study published by campaign group Transport & Environment showed on Tuesday.
Conversely, deploying no industrial strategy and going back on the 2035 target that all new cars and vans sold in the EU no longer emit carbon dioxide could result in a loss of 1 million auto industry jobs and two-thirds of planned battery investments, T&E said in a statement. Continue reading “Abandoning EU’s 2035 zero-emission car target would risk 1 million jobs, study says”
(Reuters) – U.S. President Donald Trump’s tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.
Here is a timeline of the major developments:
February 1 – Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China, demanding they curb the flow of fentanyl and illegal immigrants into the United States. Continue reading “How Trump’s trade war is upending the global economy”
Source : PTI | Delhi Chief Minister Rekha Gupta on Sunday said her government will urge the Supreme Court to allow uniform rules on overage vehicles in the national capital in line with those followed across the country.
Gupta’s remarks came after Delhi Lieutenant Governor V K Saxena wrote to her saying it is “irrational” to imagine that a 10-year-old diesel vehicle has reached its end of life in Delhi while remaining roadworthy and lawful in any other city under the same law. Continue reading “Delhi to urge SC for uniform policy on overage vehicles: CM Gupta”
Source : PTI | In a confrence held at New Delhi, Road safety experts on Monday made a case for dedicated lanes for two-wheelers and strict enforcement of laws to prevent accidents.
Speaking at a seminar on road safety, Institute of Road Traffic Education (IRTE) President Rohit Baluja said that the authorities should consider a separate ane for two-wheelers as it will ensure safety of drivers.
Continue reading “Road safety experts pitch for dedicated lanes for 2-wheelers”
Source : PTI | Companies involved in the sale of second-hand cars saw a rise in queries from customers during the first three days of the fuel ban on overage vehicles, with customers from other parts of the country inquiring about getting cars from Delhi at throwaway prices.
The ‘no fuel’ to end-of-life vehicles came into place on July 1. However, within three days, the Delhi government urged the Centre’s air quality panel to immediately suspend the directive and said it will make “all-out efforts” to resolve issues related to restrictions on the movement of end-of-life vehicles on city roads.
Summary
BANGKOK, (Reuters) – Hyper-competition in China’s electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to compete with dominant BYD, putting ambitious local production plans at risk.
Neta, among the earliest Chinese EV brands to enter Thailand in 2022, is an example of a struggling automaker finding it difficult to meet the requirements of a demanding government incentive programme meant to boost Thai EV production. Continue reading “China’s intense EV rivalry tests Thailand’s local production goals”
Summary
WASHINGTON, (Reuters) – President Donald Trump on Sunday called Elon Musk’s plans to form a new political party “ridiculous,” launching new barbs at the tech billionaire and saying the Musk ally he once named to lead NASA would have presented a conflict of interest given Musk’s business interests in space. Continue reading “Trump calls Musk’s formation of new party “ridiculous” and criticizes his own NASA pick”
Summary
SYDNEY/TOKYO, (Reuters) – Japan’s Nissan Motor plans to sell $4 billion worth of U.S. dollar- and euro-denominated senior unsecured bonds, showed a term sheet reviewed by Reuters on Monday.
The plan 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 eyes $4 billion in bond sales, term sheet shows”
TOKYO, (Reuters) – Japan’s Nissan Motor is in talks to allow Taiwan’s Foxconn to use one of the automaker’s domestic factories to build electric vehicles, said two people familiar with the matter, a deal that could save the plant from closure.
Reuters reported in May that Nissan was considering closing its Oppama plant, in the port city of Yokosuka south of Tokyo. CEO Ivan Espinosa has announced sweeping restructuring plans aimed at turning around the struggling automaker, including closing seven of Nissan’s 17 factories globally and reducing its workforce by some 15%. Continue reading “Nissan considers Foxconn EV output to save Oppama from closure, sources say”
Source : PTI | Union Minister has unveiled an ambitious roadmap for next-generation mass mobility in the country, which includes electric rapid transport, hyperloop in urban areas and ropeways, cable buses and funicular railways in inaccessible terrains.
In an interview with PTI, the Union Minister of Road Transport and Highways said India’s transport sector is undergoing a major transition, with initiatives like tree bank, mobile-based driving tests, and flex-fuel engines by 11 leading automakers in the pipeline. Continue reading “Gadkari’s mega mobility plan: Hyperloop, electric buses, ropeways on fast track”
Source : PTI | Sales of electric motor cars grew multifold in June 2025 while passenger car sales (that run on internal combustion engines) declined amid weak consumer demand last month, the mobility bulletin of Shriram Finance said.
Truck rentals remained firm in June 2025 on the back of increased hiring by the private sector, the findings said. Continue reading “Sales of electric cars surge in June: Shriram mobility report”
Source : PTI | Prices of second-hand cars in the national capital have witnessed a sharp fall in recent days, with traders reporting a decline of 40 to 50 per cent, the Chamber of Trade and Industry (CTI) said on Friday.
CTI Chairman Brijesh Goyal said the market for overage vehicles in Delhi has been severely affected, with nearly 60 lakh vehicles impacted by the sudden downturn.
Summary
TURIN, Italy, (Reuters) – Fiat aims to manufacture over 100,000 units per year of its new hybrid 500 small car, a model parent Stellantis bets on to revive its ailing production in Italy, the brand’s head Olivier Francois said on Friday.
Stellantis, which was created in 2021 from the merger of Fiat Chrysler and France’s PSA-Peugeot, last year manufactured 475,000 vehicles in Italy, from over 751,000 in 2023, with car production in particular down 46% to its lowest since 1956. Continue reading “Stellantis bets on 17,000 euro hybrid Fiat 500 to revive ailing Italian output”
Source : PTI | IFC, a member of the World Bank Group, on Thursday committed Rs 460 crore to IndiGrid to build India’s largest standalone battery energy storage system project in Gujarat.
The project is designed to play a key role in supporting the state’s clean energy goals by enhancing grid stability and ensuring reliable power is available during peak demand, a joint statement said. Continue reading “IFC Invests ₹460 crore in India’s largest battery energy storage project in Gujarat”
Summary
SHANGHAI/SEOUL, (Reuters) – Air cargo shipment volume from Asia has declined by double digits since the U.S. cancelled a tax-free exemption for low-value packages from China early in May, trade groups and analysts said. Continue reading “End of tax-free loophole for low-value goods disrupts air shipments to US from China”
(Reuters) – Tesla’s new car sales in Britain grew 12% year-on-year in June, data from research group New AutoMotive showed on Friday, as the U.S. automaker started deliveries of its updated Model Y last month.
Overall, Britain’s new car registrations in June grew 12.8% from the prior year to 187,655 units, led by a 45.5% growth in battery electric vehicle sales, the data showed. Continue reading “Tesla’s UK sales rise 12% in June from a year ago, New AutoMotive data shows”
(Reuters) – It is the end of the line for U.S. electric vehicle tax credits.
Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new electric vehicles will end on September 30, as well as a $4,000 used EV credit, that have helped juice green vehicle sales in recent years. Continue reading “US electric vehicle tax breaks will expire on Sept. 30”
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RIP E Commerce, Time for AI Commerce Powered by Bharat Ka AI WAF Continue reading “WAF Auto News | The Auto World This Week (4th July 2025)”
Presenting an exclusive opportunity to upgrade to a Volkswagen and avail exclusive limited-period service benefits and upgrade offers, including pre-owned cars
Mumbai: Volkswagen India is proud to announce the return of Volkswagen Autofest, the brand’s highly anticipated National Exchange Carnival. This annual event is designed to offer customers across the country an exceptional opportunity to upgrade their drive and experience the premium engineering of a Volkswagen. Continue reading “Volkswagen India announces the return of Autofest –The annual National Exchange Carnival”
Continue reading “ChargeZone Launches India’s Largest EV Charging Hub in Bengaluru”
Continue reading “JSW MG Motor sells 5,829 cars in June 2025, a 21 percent YoY Growth”
(Reuters) – Tesla’s sales volume in Germany fell by 60% in June, the German road traffic agency KBA said on Tuesday, although sales of battery electric vehicles rose overall.
KBA said Tesla sold 1,860 cars in Germany in June, down 60% from a year earlier. The number of Teslas sold in the first half of 2025 dropped 58.2% to 8,890 units, compared with the same period last year. Continue reading “Tesla’s German car sales continue to fall in June”
BEIJING, (Reuters) – Only 15 out of the 129 brands that currently sell electric vehicles and plug-in hybrids in China will be financially viable by 2030, as intense competition forces consolidation and some to exit the market, consultancy AlixPartners said on Thursday.
These 15 brands are projected to account for approximately 75% of China’s EV and plug-in hybrid market by the end of the decade, each averaging annual sales of 1.02 million units, AlixPartners said, without specifying brand names. Continue reading “Only 15 electric vehicle brands in China will survive by 2030, AlixPartners says”
SHENZHEN – In October 2023, Chinese automaker Chery ordered engineers and suppliers to travel on short notice to proving grounds in Zhaoyuan, Shandong Province.
Over a weekend, they planned an overhaul of the suspension and steering on the Chinese version of Chery’s Omoda 5 SUV for Europe, a key market in its global expansion. The problem: The car had been designed for China’s smooth streets and slower speeds. Now, it had to withstand Europe’s winding, bumpy roads. Continue reading “How China’s new auto giants left GM, VW and Tesla in the dust”
STOCKHOLM, (Reuters) – Polestar said on Thursday it would make its Polestar 7 SUV model at a Volvo Cars factory in Slovakia, as the EV maker shifts more production from China and tries to cut its exposure to heavy European and U.S. tariffs.
Polestar said the two Swedish companies, both controlled by China’s Geely (GEELY.UL) and its owner Li Shufu, had signed a memorandum of understanding and the new model would launch in 2028. Continue reading “Polestar to make new SUV in Europe from 2028”
COPENHAGEN, (Reuters) – Maersk estimates companies pay effective U.S. import tariffs of on average 21% relative to container load, the Danish shipping group said on Wednesday, less than half the rate before Washington paused its sweeping tariffs in April.
Maersk said in a regular global market update that at its peak, shortly after April 2 when President Donald Trump unveiled tariffs against nearly all U.S. trading partners, the average effective rate was 54%. Its estimate was based on the group’s container-weighted effective average tariff rate metric. Continue reading “Maersk estimates effective US tariffs average 21% currently”
BEIJING, (Reuters) – Chinese electric vehicle maker BYD’s Fangchengbao brand is offering a limited-time 20,000 yuan ($2,790.33) discount for the Huawei Qiankun Advanced Driving System package, Fangchengbao said in a social media post on Wednesday.
Buyers who place their orders in July would pay 12,000 yuan for the assisted driving system package, compared with the 32,000 yuan, one-time purchase price, the post said. Continue reading “BYD’s off-road brand Fangchengbao offers discount for Huawei assisted driving system”
BEIJING, (Reuters) – China’s Xiaomi will only consider selling cars outside China from 2027, Lei Jun, CEO of the smartphone turned electric vehicle maker, said during a livestream on Wednesday.
The company has to focus on its domestic market in the meantime given robust orders for its SU7 and YU7 cars, he said. Continue reading “Xiaomi to consider selling cars outside China from 2027, CEO says”
(Reuters) – Electric automaker Lucid on Wednesday reported a 38% rise in second-quarter deliveries, which, however, missed Wall Street expectations amid economic uncertainty.
Demand for Lucid’s pricier luxury EVs have been softer as consumers, pressured by high interest rates, shift towards cheaper hybrid and gasoline-powered cars. Continue reading “EV maker Lucid’s quarterly deliveries rise but miss estimates”
LONDON, (Reuters) – Chinese automaker Changan plans a European factory to support its future sales on the continent and is already weighing up possible locations for the plant, an executive told Reuters on Wednesday.
“We’re committed to being in Europe, making in Europe for Europe,” said Nic Thomas, Changan’s European head of marketing, sales and service, during a test drive of the automaker’s electric Deepal S07 SUV at an event outside London. “We’re working on local manufacturing solutions here.” Continue reading “China’s Changan plans European factory, executive says”
(Reuters) – Rivian Automotive reported a sharp fall in second-quarter deliveries on Wednesday, as demand for its electric vehicles takes a hit from stiff competition and tariff-driven economic uncertainty, sending its shares more than 2% lower.
Trade tariffs imposed by U.S. President Donald Trump have led to a surge in manufacturing costs for the sector, with carmakers scrambling to reorganize supply chains to mitigate the hit to their businesses. Continue reading “Rivian deliveries decline sharply as tariffs hit demand”
Summary
(Reuters) – Tesla is headed for another year of shrinking sales after it posted a second straight drop in quarterly deliveries, dragged down by CEO Elon Musk’s right-wing political stances and an aging vehicle line-up that has turned off some buyers. Continue reading “Tesla deliveries slump, Musk’s EV maker stares at second year of falling sales”
Source : PTI | Truckers in Maharashtra went on an indefinite strike on Wednesday to protest against the e-challan system and press for other long-pending demands, disrupting goods transport services across the state, transporters’ representative said.
The transporters have complained the recovery process by authorities has become aggressive and is disrupting business operations, besides mounting fines of e-challans. Continue reading “Truckers go on strike against e-challans in Maharashtra; transporters’ body reports ‘mixed response’”
Summary
PARIS, (Reuters) – Renault will book a one-off loss of about 9.5 billion euros ($11 billion) on its stake in Nissan Motor, the French carmaker said on Tuesday, writing down its years-long investment in its Japanese partner that is battling slumping sales.
The move is a further loosening of ties between the companies after a two-decade-old alliance, with Renault gradually lowering its stake in Nissan and shifting largely to collaboration in specific manufacturing projects. Continue reading “Renault to report $11 billion loss on Nissan stake in first half”
Summary
SHANGHAI, (Reuters) – China’s Xiaomi is telling customers of its new YU7 electric sports utility vehicle they will have to wait more than a year to receive their cars, sparking a fresh wave of complaints against the company.
The smartphone turned EV maker said it received roughly 240,000 orders for the YU7 in the first 18 hours after the car went on sale on Thursday night, but only a small number of vehicles were available for immediate delivery. Continue reading “Xiaomi’s YU7 car buyers face year-long wait for delivery, sparking complaints”
Summary
MILAN, (Reuters) – Ferrari revealed its new Amalfi coupe on Tuesday as the luxury sportscar maker mixes petrol and hybrid models in its range while preparing for the launch of its first fully electric vehicle.
The eight-cylinder, 3.85-litre Amalfi replaces and upgrades the successful 2019 Roma in the entry segment of Ferrari’s range and comes just two months after the launch of the 296 Speciale hybrid car and its convertible version. Continue reading “Ferrari unveils new ‘Amalfi’ petrol coupe ahead of EV launch”
(Reuters) – An electric vehicle advocacy group on Tuesday urged the U.S. House to revise a bill passed by the Senate that would end the $7,500 tax credit on new electric vehicle sales and leases on September 30, as well as the $4,000 tax credit for used EVs.
The Electrification Coalition said killing the credits “driving much of the nation’s manufacturing investment at this critical juncture would effectively wave the white flag of defeat, ceding control over the future of transportation to China … The House must reject this act against the interest of the American people.” Continue reading “EV group urges US House to restore electric vehicle tax credits”
Summary
WASHINGTON, (Reuters) – U.S. President Donald Trump on Tuesday threatened to cut off the billions of dollars in subsidies that Elon Musk’s companies receive from the federal government, in an escalation of the war of words between the president and the world’s richest man, one-time allies who have since fallen out. Continue reading “Trump escalates feud with Musk, threatens Tesla, SpaceX support”
Summary
(Reuters) – Tesla is expected to report another fall in quarterly deliveries on Wednesday as the backlash against CEO Elon Musk’s political views and competitive pressures continue to drag on demand.
While much of Tesla’s trillion-dollar valuation hangs on Musk’s bet on commercializing robotaxis, most of the company’s current revenue and profits come from its core business of selling electric vehicles – one that has been under pressure due to high interest rates and rising competition. Continue reading “Tesla quarterly deliveries seen falling again”
