Source : PTI | Maharashtra Minister Pratap Sarnaik has said the government is committed to addressing the grievances of transport operators, who have threatened to go on strike from July 1 to protest against the e-challan system for traffic violations.
The minister on Thursday directed officials to form a committee and submit a report within one month concerning the transporters’ strike threat.
Source : PTI | The transport ministry has proposed a new category of registration number plate for hydrogen fuel operated vehicles.
According to a draft notification issued by the Ministry of Road Transport and Highways on Friday, in case of a hydrogen fuel operated commercial vehicle, the top half of number plate will be green and bottom half blue, while the figures on plate will be in yellow. Continue reading “Govt proposes new registration plate for hydrogen vehicles”
Source : PTI | Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources.
Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Continue reading “Indian auto delegation yet to leave for China for talks to expedite supply of rare earth magnets”
Source : PTI | Farm machinery and construction equipment major Escorts Kubota Ltd is gunning for the number two spot in the Indian tractor market by combining the Indian firm’s cost competitiveness with the Japanese partner’s technology and quality strengths as part of its future plans, according to its top officials.
The company, formed after Japan’s Kubota Corporation acquired a majority stake in Escorts Ltd in a multi-structured merger deal announced in 2021, is working to finalise a mid-term plan (MTP) for up to 2031 with a slew of products planned to be launched, Escorts Kubota Ltd (EKL) Chairman and MD Nikhil Nanda and Deputy MD Seiji Fukuoka told PTI in a joint interview. Continue reading “Escorts Kubota aims for No. 2 spot in Indian tractor market with new product launches”
Akzo Nobel N.V. has signed an agreement to sell its shareholding in Akzo Nobel India Limited (ANIL) to the JSW Group, one of India’s leading diversified conglomerates. The transaction is based on a total enterprise value of approximately €1.4 billion, representing an EV/EBITDA multiple of 22x, and includes AkzoNobel’s liquid paints and coatings business in India. The India Powder Coatings business and International Research Center, both currently part of ANIL, will be retained by AkzoNobel under full ownership.
This divestment is a first step in the strategic portfolio review announced in October 2024, aimed at focusing the company’s capital and capabilities on leading positions in key global coatings markets. Continue reading “AkzoNobel to sell AkzoNobel India to JSW Group”
Source : Mobility Outlook | Ashok Leyland, the flagship of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, has secured a significant order to supply 200 trucks to Instant Transport Solution Pvt Ltd, a fast-growing player in the express logistics space.
The first batch of 100 vehicles—including 1916 single-axle and 2820 multi-axle haulage trucks—was ceremonially handed over by Sanjeev Kumar, President – MHCV, Ashok Leyland, to Instant Transport Chairman Rajbir Singh Chaudhary, in the presence of senior leadership from both companies. Continue reading “Ashok Leyland Bags 200-Truck Order From Instant Transport”
BUDAPEST, (Reuters) – Chinese automaker BYD will invest 32 billion forints ($94 million) in a new plant in the northern Hungarian town of Komarom, tripling its annual capacity to 1,250 electric buses and trucks, Hungarian Foreign Minister Peter Szijjarto said.
Under right-wing Prime Minister Viktor Orban, Hungary has become an important trade and investment partner for China, in contrast with some other European Union nations considering becoming less dependent on the world’s second-largest economy. Continue reading “BYD to invest $94 million to triple electric bus output in Hungary”
(Reuters) – Tesla CEO Elon Musk said on Friday that the first fully autonomous delivery of Model Y from the factory to a customer’s home across town was completed a day ahead of schedule. Continue reading “Tesla completes first fully autonomous Model Y delivery ahead of schedule”
Summary
WASHINGTON, (Reuters) – Major automakers want Congress and the Trump administration to move faster to make it easier to deploy autonomous vehicles without human controls as new robotaxi tests expand. Continue reading “Automakers want US to move faster on self-driving car rules”
Summary
SHANGHAI/BEIJING, (Reuters) – Exceptionally strong initial orders for Xiaomi’s YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday and fanned speculation that Tesla may have to cut prices to fight back. Continue reading “Bumper orders for Xiaomi’s new SUV heighten threat to Tesla”
(Reuters) – General Motors persuaded a federal appeals court on Friday to decertify a class action seeking to hold the automaker liable for knowingly selling about 800,000 cars, trucks and SUVs with faulty transmissions.
In a 9-7 vote, the 6th U.S. Circuit Court of Appeals in Cincinnati found too many differences among vehicle owners to justify having one judge oversee the litigation, including 26 statewide subclasses and 59 state law claims. Continue reading “GM wins victory as appeals court decertifies transmission lawsuits”
TOKYO, (Reuters) – Toyota Motor’s global sales rose for a fifth straight month in May, setting a record for the month, as strong demand in markets such as the U.S. held firm despite President Donald Trump’s tariffs, the automaker said on Friday.
Worldwide sales climbed 6.9% year-on-year to 898,721 vehicles in May, driven by robust demand in North America, China and Japan, the company said. Sales in the U.S. went up by almost 11%. Continue reading “Toyota’s global sales hit May record, but production dips”
Summary
(Reuters) – Tesla executive and longtime Elon Musk confidant Omead Afshar has left the electric-vehicle maker, three people familiar with the matter said on Thursday, another senior departure as the company grapples with slowing global demand. Continue reading “Top Tesla executive, an Elon Musk confidant, leaves the company, sources say”
Summary
WASHINGTON, (Reuters) – Major automakers want Congress and the Trump administration to move faster to make it easier to deploy autonomous vehicles without human controls as new robotaxi tests expand.
Congress has been divided for years about whether to pass legislation to address deployment hurdles, while the National Highway Traffic Safety Administration has not moved quickly to rewrite safety rules or allow exemptions for up to 2,500 vehicles without human controls annually and ease other hurdles. Continue reading “Automakers want US to move faster on self-driving car rules”
Summary
SHANGHAI, (Reuters) – Exceptionally strong initial orders for Xiaomi’s YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday and fanned speculation that Tesla may have to cut prices to fight back.
The company received 289,000 orders for the YU7 – only its second vehicle and one that undercuts Tesla’s Model Y in price by nearly 4% – in its first hour on sale, according to CEO Lei Jun. Continue reading “Bumper orders for Xiaomi’s new SUV heighten threat to Tesla”
Source : PTI | Maharashtra Minister Pratap Sarnaik has said the government is committed to addressing the grievances of transport operators, who have threatened to go on strike from July 1 to protest against the e-challan system for traffic violations.
The minister on Thursday directed officials to form a committee and submit a report within one month concerning the transporters’ strike threat. Continue reading “Maharashtra transporters to go on strike from Jul 1 to protest e-challans; form panel, says Sarnaik”
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What Should One Do on Seeing a Road Accident Victim Lying on the Road? CarPhD
Last Chance to Apply for 12th WAF Awards. Research by DMS, IIT Delhi WAF Continue reading “WAF Auto News | The Auto World This Week (27th June 2025)”
BEIJING, (Reuters) – Chinese EV and smartphone maker Xiaomi on Thursday priced its new electric YU7 SUV 10,000 yuan ($1,395) cheaper than Tesla’s Model Y, stepping up the challenge to the U.S. firm in the world’s largest auto market.
The base model of the YU7 starts from 253,500 yuan ($35,364), with the more premium models YU7 Pro and YU7 Max priced at 279,900 and 329,900 yuan respectively. Continue reading “Xiaomi launches YU7 priced from 253,500 yuan, challenging Tesla’s Model Y”
Summary
(Reuters) – Lyft introduced its first-ever Driver Autonomous Forum on Thursday, a new initiative designed to engage seasoned drivers in shaping key strategies as the company begins integrating robotaxis into its ride-hailing service. Continue reading “Lyft taps drivers for strategic input to help navigate robotaxi rollout”
JSW MG Motor India has announced a price increase of up to 1.5% across most of its vehicle range, effective from July 1, 2025.
The company attributed the decision to rising input costs and broader macroeconomic pressures, which have made it necessary to partially offset the impact through a pricing adjustment. This is a standard industry response to factors such as fluctuating raw material prices, logistics costs, and currency volatility, which continue to affect automotive production and distribution costs. Continue reading “JSW MG Motor India To Hike Vehicle Prices By Up To 1.5% From July 1 Amid Rising Input Costs”
(Reuters) – GM is recalling 62,468 vehicles over the risk that a fault in the brake pressure sensor assembly may allow fluid to leak, increasing chances of an electrical short, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday.
An electrical short can generate excessive heat and could result in a fire, risking injury, NHTSA said. It added that an underhood fire may occur even when the vehicle is switched off or possibly unattended. Continue reading “GM to recall over 62,000 US vehicles over fire risk from brake assembly”
Summary
JOHANNESBURG, (Reuters) – Chinese automakers are pushing to unlock Africa’s underdeveloped potential, with a focus on electric and hybrid vehicles, as restrictions on exports to the United States and Europe send them on a global quest for new markets.
Though home to over a billion people, low incomes and high import duties have long hampered manufacturers’ efforts to sell more cars in Africa. Unreliable power availability and a lack of charging infrastructure have meanwhile held back EV uptake. Continue reading “Facing global headwinds, Chinese automakers make a play for Africa”
WASHINGTON, (Reuters) – A major trade group representing General Motors, Toyota Motor, Volkswagen, Hyundai and other automakers sharply criticized the National Highway Traffic Safety Administration, saying the auto safety regulator is impeding progress and struggling to modernize.
“Its fractured relationship with the industry, decades-old safety regulations, and lack of a clear strategic roadmap for emerging technologies are stifling innovation and threatening U.S. global leadership,” said Alliance for Automotive Continue reading “Major automakers criticize US auto safety agency, call for reform”
PARIS, (Reuters) – Stellantis’ has begun reviewing its long-term strategic plan, new Chief Executive Antonio Filosa told staff on Wednesday, in his first public appearance since officially taking over as head of world’s No. 4 automaker.
“We have already started looking at our long-term strategic plan, which we will share when we are ready,” Filosa said in a video call from Turin in Italy, and which was shared by the company with reporters. Continue reading “Stellantis has started review of long-term strategic plans, says new CEO”
Summary
SAO PAULO, (Reuters) – Global shipping groups are looking to Brazil’s courts to overturn competition rules that bar them from participating in the first round of bidding on a major new container terminal at Latin America’s largest port, due to take place later this year.
Danish shipping group Maersk filed a lawsuit on Monday in Sao Paulo against Brazil’s marine transport authority (Antaq), and its general director, according to a document seen by Reuters. The lawsuit called for “procedural corrections to ensure a fair process” to assign the Tecon 10 terminal at the Port of Santos. Continue reading “Exclusive: Maersk sues over $1 billion Brazil port auction, MSC Group’s TIL may follow”
Summary
(Reuters) – Tesla’s new car sales in Europe fell 27.9% in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2%, with the U.S. EV maker’s revised Model Y yet to show signs of reviving the brand’s fortunes.
Overall car sales in Europe rose 1.9%, with the strongest growth coming from plug-in hybrids and cars powered by alternative fuels, data from the European Automobile Manufacturers Association (ACEA) showed. Continue reading “Tesla’s European sales slump for fifth month”
Summary
DETROIT, (Reuters) – Ford Motor is calling the majority of its salaried workforce back to the office four days a week, the automaker’s latest effort to boost employee and company performance.
“Many of our employees have been in the office three or more days per week for some time now. We believe working together in person on a day-to-day basis will help accelerate Ford’s transformation into a higher growth, higher margin, less cyclical and more dynamic company,” a Ford spokesperson said in a statement in response to a Reuters query. Continue reading “Exclusive: Ford calls majority of workforce into the office four days a week”
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SHANGHAI, (Reuters) – Chinese electric vehicle champion BYD has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and delaying plans to add new production lines, said two people with knowledge of the matter. Continue reading “Exclusive: BYD slows production, delays capacity expansion at China factories, sources say”
Summary
(Reuters) – A first public test of robotaxis by Tesla in Austin, Texas led to multiple traffic problems and driving issues, videos from company-selected riders showed over the first few days. Continue reading “Tesla’s robotaxi peppered with driving mistakes in Texas tests”
Source : PTI | Tata Steel CEO & Managing Director T V Narendran on Tuesday said the overall impact of the Iran-Israel conflict on the company was not much.
He said this on the sidelines of a programme organised by the Singhbhum Chamber of Commerce and Industry (SCCI).
Narendran said 95 per cent of sales of the company take place domestically on Indian currency. Hence, the overall impact on the company would not be much for the time being but if the conflict lasts long, then its impact will be felt globally including Tata Steel. Continue reading “Iran-Israel conflict not to have much impact on Tata Steel unless it lasts long: MD & CEO T V Narendran”
Source : PTI | The government has disbursed Rs 21,534 crore under Production-Linked Incentive schemes for 12 sectors, including electronics and pharma, since the launch of the support measure to boost domestic manufacturing, an official statement said on Wednesday.
In 2021, the government announced Production-Linked Incentive (PLI) schemes for 14 sectors with an outlay of Rs 1.97 lakh crore.
Continue reading “Govt disburses ₹21,534 crore under 12 PLI schemes so far”
Summary
LOS ANGELES, (Reuters) – FedEx on Tuesday signaled caution for the year ahead and forecast current-quarter profit short of market expectations amid volatile global demand, sending shares of the delivery giant down more than 5% after hours. Continue reading “FedEx shares sink 5% after profit outlook highlights tariff challenges”
Summary
BEIJING/SHANGHAI, (Reuters) – China’s auto industry has inflated car sales for years through a burgeoning government-backed grey market that registers new cars right off the assembly line and then ships them overseas as “used” vehicles. Continue reading “Exclusive: China auto industry inflates sales by exporting new cars as ‘used’”
Source : PTI | Tata Motors group is better equipped to deal with supply chain challenges arising from the ongoing Israel-Iran clash, China’s restriction of rare earth magnet exports and global tariff war, having learnt from the semiconductor crisis during the COVID-19 pandemic, top company officials said on Tuesday.
Jaguar Land Rover (JLR), the company’s British arm that is facing a steep tariff hike for exports to the US, is not considering setting up a plant in America to address local demand, Tata Motors Group CFO PB Balaji told reporters during the company’s media day interaction. Continue reading “Better equipped to tackle supply chain woes from lessons learnt during chip crisis: Tata Motors”
Source : PTI | State-owned NHAI on Monday said it is taking proactive measures to address flooding and waterlogging on the National Highways across the country.
Taking a multi-pronged approach to provide effective solution during monsoon, NHAI said it has launched a 15-day drive wherein NHAI officials, contractors and consultants are inspecting various stretches to identify critical areas which are prone to damage or are likely to be affected by waterlogging on National Highways.
Continue reading “NHAI takes proactive steps for effective highway management during monsoon”
(Reuters) – Ford is recalling 132,914 Aviator SUVs in the United States because parts, including rear door window bars, may detach due to insufficient adhesive retention, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Tuesday.
These detaching parts could pose a hazard to other road users and increase the risk of crashes, according to the NHTSA report. Continue reading “Ford recalls 133,000 Lincoln Aviators over risk of detaching parts”
PARIS, (Reuters) – French investigators on Tuesday ordered Tesla to stop what they called “deceptive business practices” or face thousands of euros in fines.
Investigators at the finance ministry’s Competition, Consumer Affairs and Fraud Control office said the automaker had engaged in deceptive commercial practices over the fully autonomous driving capabilities of its cars, had issued sales contracts with no date, time or place of vehicle delivery, and had failed to provide timely refunds, among other infractions. Continue reading “French investigators order Tesla to stop ‘deceptive business practices’”
Summary
BEIJING/SHANGHAI, (Reuters) – China’s auto industry has inflated car sales for years through a burgeoning government-backed grey market that registers new cars right off the assembly line and then ships them overseas as “used” vehicles. Continue reading “Exclusive: Local Chinese governments promote ‘zero-mileage’ used car exports, inflating sales, growth figures”
Summary
TOKYO, (Reuters) – Nissan Motor shareholders vented their frustrations over the automaker’s poor performance at its annual general meeting on Tuesday, with some demanding greater management accountability for the deepening crisis at Japan’s third-largest car company. Continue reading “Nissan shareholders assail management over deepening crisis”
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MILAN, (Reuters) – Stellantis new CEO Antonio Filosa started his tenure on Monday by retaining his previous role as head of the key North American market, while avoiding major changes to the French-Italian automaker’s senior management team. Continue reading “Stellantis shares fall as new CEO avoids big shake-up of top jobs”
