Source : PTI | Around 10 lakh passenger vehicle units were sold in the country in the April-June quarter this fiscal, with Maharashtra leading the sales chart during the period, according to the data shared by industry body SIAM.
In the April-June period, 10.12 lakh units of passenger vehicles were sold in the country, with the western zone leading with sales at 3.21 lakh units. Continue reading “Maharashtra tops PV sales in June qtr; overall segment crosses 10-lakh mark: SIAM”
FRANKFURT, (Reuters) – Washington must swiftly honour an agreement with Brussels and cut tariffs on EU auto imports to 15% from 27.5% as of August 1 after the EU started the legislative process to remove duties on U.S. goods, Germany’s auto industry association VDA said.
“For the automotive industry, the current high additional burdens mean considerable financial losses. Therefore, time is of the essence in providing rapid relief for companies in this area,” VDA president Hildegard Mueller said on Friday. Continue reading “Washington must swiftly cut auto tariffs after EU paves way, German car lobby says”
(Reuters) – Ford Motor Company is recalling more than 105,000 Mustang cars in the U.S., citing improperly sealed panels that may let water seep in and cause external lights to fail, the National Highway Traffic Safety Administration said on Friday. Continue reading “Ford recalls over 105,000 US vehicles due to lighting failure, NHTSA says”
SAO PAULO, (Reuters) – Volkswagen’s Brazil unit has been ordered to pay 165 million reais ($30.44 million) in damages for subjecting workers on a farm to slavery-like conditions in the 1970s and 1980s, labor prosecutors said on Friday.
A labor court found that hundreds of workers at a Volkswagen-run ranch were subjected to degrading work conditions, forced into debt bondage and were held under armed surveillance. Continue reading “Volkswagen’s Brazil unit ordered to pay $30 million for decades-old ‘slave labor’ case”
Summary
NEW DELHI/LUCKNOW, (Reuters) – The Indian government is facing a backlash from motorists after the nationwide rollout of fuel blended with 20% ethanol, amid fears – stoked by a lack of clarity from some automakers – that it may affect the performance of particularly older vehicles. Continue reading “India’s push for ethanol-mixed fuel sparks driver backlash, leaves carmakers scrambling”
Summary
(Reuters) – Elon Musk has asked a federal judge to dismiss a U.S. Securities and Exchange Commission lawsuit claiming he waited too long to disclose his purchases of Twitter shares in 2022, accusing the regulator of overreaching in order to punish him for criticizing it. Continue reading “Musk accuses SEC of overreach, seeks to end lawsuit over Twitter stake”
Summary
BEIJING, (Reuters) – Chinese electric vehicle maker BYD’s quarterly profit fell for the first time in more than three years, as its expansion hit a speed bump amid a government campaign against price wars. Continue reading “BYD’s quarterly profit falls for first time in 3-1/2 years as price wars bite”
Pune, August 29th 2025 – Mobisoft Infotech, a global technology solutions provider, has announced a significant upgrade to its event transportation platform with the release of FleetNXT 2.0. The enhanced version delivers up to 35% cost savings and 2X improvement in operational efficiency, setting a new benchmark for managing large-scale event logistics through smarter, data-driven mobility. Continue reading “Mobisoft Upgrades FleetNXT Platform to Deliver 2X Efficiency and 35% Cost Savings in Large-Scale Event Transportation.”
MEXICO CITY, (Reuters) – Brazil and Mexico plan to sign complementary trade deals in August of next year, Brazilian Vice President Geraldo Alckmin said on Thursday, after a meeting with Mexican President Claudia Sheinbaum.
Authorities signed preliminary agreements in agriculture, health and biofuels, Alckmin told a press conference in Mexico City. Continue reading “Brazil readies updated sector trade deals with Mexico”
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Join Now! BKA Continue reading “WAF Auto News | The Auto World This Week (29th August 2025)”
In a vibrant tribute to Kerala’s Onam festival, JSW MG Motor India has set a new record by creating Asia’s largest ‘Carkalam’—a massive pookalam (floral rangoli) crafted with 306 MG electric vehicles. Held at the Grand Hyatt Bolgatty in Kochi, the spectacle has entered the Asia Book of Records, blending cultural heritage with automotive innovation.
The record-breaking initiative was a joint effort by MG’s dealer network, customers, and employees, reflecting the brand’s deep commitment to Kerala’s community and traditions. Continue reading “JSW MG Motor India Creates Asia’s Largest ‘Carkalam’ With 306 EVs In Kerala”
The time has come: Volkswagen presents the new T-Roc! Developed completely from scratch, the second generation of the best seller boasts an expressive design and innovative drive systems. The high-quality interior features a newly designed cockpit, an infotainment screen measuring up to 33 centimetres (13 inch) and background lighting that creates a lounge-like atmosphere. In addition, the T-Roc offers more space in the interior and luggage compartment. New assist systems and technologies from higher vehicle classes complete the model. Examples include Travel Assist and the driving experience control. Pre-sales of the new T-Roc start in Germany on 28 August, with the market launch scheduled for November. Prices start at 30,845 euros for the 1.5 eTSI with 85 kW/115 PS. Continue reading “World premiere of the T-Roc: new generation of the best seller is high quality and innovative”
BERLIN, (Reuters) – BMW chief executive Oliver Zipse expects a reordering of the car industry in the coming years, warning in an interview on Thursday that the sector cannot afford mistakes, as the company bets heavily on its revamped electric vehicle offering.
“There will be a selection process in our industry,” Zipse told the Spiegel news magazine. Continue reading “BMW CEO says ‘can’t afford mistakes’ ahead of fully electric launch”
BERLIN, (Reuters) – Volkswagen has extended its ‘factory cloud’ partnership with Amazon Web Services by another five years, the German carmaker said on Thursday, as it rolls out the use of artificial intelligence to improve production and reduce costs.
The company partnered with the cloud computing services unit of Amazon.com to create a digital production platform, or DPP, which Volkswagen says is already used in 43 locations in Europe, North America and South America. Continue reading “Volkswagen extends Amazon cloud partnership to save costs with AI”
HONG KONG, (Reuters) – COSCO Shipping Ports is facing “challenges” with its international investments amid pressures from the U.S. trade war, its managing director said in Hong Kong on Thursday.
Wu Yu told an earnings conference that while there were challenges from the United States, the state-owned global shipping and ports conglomerate was “very focused on development opportunities in emerging and regional markets, as well as in some key hubs”. Continue reading “COSCO facing ‘challenges’ with international investments amid US trade pressures”
DETROIT, (Reuters) – The United Auto Workers (UAW) said on Wednesday it won a vote at a Ford joint-venture plant in Kentucky to unionize, but the remaining challenge ballots could change the outcome.
There were 526 votes for the union and 515 against, the UAW confirmed, with 41 challenge ballots remaining. Continue reading “UAW union says it wins vote at Ford JV battery plant in Kentucky, but challenge ballots remain”
(Reuters) – Ford Motor is recalling nearly 500,000 vehicles in the U.S over a brake fluid leak issue, the National Highway Traffic Safety Administration said on Thursday.
A ruptured hose in the brake system might cause fluid to leak, lengthening stopping distances, which increases the risk of a crash, the report said. Continue reading “Ford recalls nearly 500,000 vehicles over brake fluid leak”
Summary
(Reuters) – A month after Tesla launched a trial robotaxi service in Austin, Texas, in June for select fans, CEO Elon Musk told investors that the company’s driverless taxis would likely be available to “half the population of the U.S.” by the end of this year.
Alphabet’s Waymo – the U.S. leader in autonomous ride-hailing – launched a similar test service in Phoenix more than eight years ago. Today, it operates in areas with about 3% of the U.S. population. Continue reading “How Tesla and Waymo’s radically different robotaxi approaches will shape the industry”
Source : PTI | There is a need to introduce small cars entailing a lower tax slab to offer an alternative to consumers at the lower end of the pyramid to shift from “risky” two-wheelers to passenger vehicles, Maruti Suzuki India Chairman RC Bhargava said on Thursday.
Speaking at Maruti Suzuki’s 44th Annual General Meeting here, he noted that with changes in emission and safety regulations over time, the cost of entry-level cars has increased, making them unaffordable for many prospective buyers. Continue reading “Need to have small cars to offer alternative to two-wheeler owners: Maruti Chairman”
Source : PTI | The Uttar Pradesh Transport Department has introduced a new helpline where citizens can seek information regarding transport and vehicle-related matters, including driving licence and registration certificate, a statement said on Thursday.
Transport Commissioner Brajesh Narayan Singh said that the state government had sought a short and easy-to-remember helpline, which has been approved and implemented by the Union Ministry of Telecommunications. Continue reading “UP govt launches new helpline for transport, vehicle-related matters”
(Reuters) – Over 600 workers of the United Auto Workers union at GE Aerospace’s Evendale, Ohio, plant and Erlanger, Kentucky, distribution facility went on strike on Thursday after failing to reach a new contract agreement, UAW President Shawn Fain said.
The Evendale plant builds marine and industrial engines for the U.S. Navy, while the Erlanger facility supplies parts to some of the company’s engine plants. Continue reading “Over 600 UAW workers at two GE Aerospace facilities go on strike”
DETROIT, (Reuters) – The United Auto Workers (UAW) said on Wednesday it won a vote at a Ford joint-venture plant in Kentucky to unionize it, but believed 41 challenge ballots still pending to be illegitimate.
A win for the union would give it a much-needed boost in the U.S. South by securing membership at another electric vehicle (EV) production facility, a key battleground as the automobile industry electrifies. Continue reading “UAW union says it wins vote at Ford JV battery plant in Kentucky”
TOKYO, (Reuters) – Toyota Motor’s global sales rose in July for a seventh consecutive month, anchored by robust demand in North America and strong performance of hybrid and new electric models in China, the Japanese automaker said on Thursday.
The company’s worldwide sales rose 4.8% year-on-year to 899,449 vehicles in July, a record for that month. Continue reading “Toyota’s July sales rise for seventh month on strong N.America, China EV demand”
(Reuters) – New car sales in Europe rose 5.9% in July, the best month for more than a year in a boost for the struggling industry as consumer confidence weakens, European Automobile Manufacturers Association data showed on Thursday.
Plug-in hybrid sales in the European Union recorded the biggest jump since at least January 2023, when the ACEA started reporting the figure, while those of battery-electric cars had the biggest increase since August 2023. Continue reading “Europe’s July car sales rise most since April 2024, BYD ahead of Tesla”
Source : PTI | Commercial vehicle dispatches from companies to dealers are expected to witness a volume growth of 3-5 per cent year-on-year in the current fiscal, rating agency Icra said on Wednesday.
Domestic commercial vehicle wholesale volumes reported a moderate 6.1 per cent year-on-year increase in July 2025, even as volumes declined sequentially by 2.7 per cent. Continue reading “Commercial vehicle volumes likely to grow by 3-5% this fiscal: Report”
Source : PTI | Rating agency ICRA expects India Inc to report muted revenue growth of 5-6 per cent in the second quarter of the fiscal as against 5.5 per cent in the preceding three months.
Coupled with softening of input costs such as crude oil and coal, this will result in a steady Operating Profit Margin (OPM) in the range of 18-18.2 per cent on a year-on-year (YoY) basis, it said in a release.
Continue reading “India Inc to report muted revenue growth of 5-6 pc in Q2: ICRA”
TOKYO, (Reuters) – Japanese automaker Mitsubishi Motors cut its operating profit forecast for the current fiscal year by 30% on Wednesday, citing the impact of U.S. import tariffs, weaker sales expectations, and rising selling costs.
The automaker now expects to post an operating profit of 70 billion yen ($475.12 million) for the fiscal year through next March, down from its previous estimate of 100 billion yen. Continue reading “Japan’s Mitsubishi Motors cuts full-year operating profit forecast by 30%”
BRUSSELS, (Reuters) – European Union targets to cut CO2 emissions from vehicles, including a 100% reduction for cars by 2035, are no longer feasible, the heads of the European automobile manufacturers’ and automotive suppliers’ associations said on Wednesday.
European Commission President Ursula von der Leyen is set to host automotive sector executives on September 12 to discuss the future of the sector, which is facing twin threats of Chinese competition in electric vehicles and U.S. tariffs. Continue reading “EU auto groups press for change to ‘no longer feasible’ car CO2 emission targets”
Summary
(Reuters) – AI hype that has helped push U.S. stocks to fresh records this year has driven an explosion in leveraged single stock exchange-traded funds, a universe of speculative products that is likely to be tested by Nvidia’s NVDA.O Wednesday earnings. Continue reading “Nvidia to set tone for booming AI leveraged ETF market”
(Reuters) – Mexico’s government is set to raise tariffs on Chinese imports, including cars, textiles, and plastics, as part of its 2026 budget proposal next month, Bloomberg News reported on Wednesday, citing three people briefed on the matter.
The tariff increases may also target other Asian countries, the report said, citing one of the sources. Continue reading “Mexico set to raise tariffs on imports from China, Bloomberg News reports”
(Reuters) – Ford Motor Company is recalling more than 355,000 trucks in the U.S over a issue with the instrument panel display, the National Highway Traffic Safety Administration said on Wednesday.
The recall affects certain Ford 2025-2026 models – F-550 SD, F-450 SD, F-350 SD, and F-250 SD – and the 2025 F-150. Continue reading “Ford to recall more than 355,000 trucks over instrument panel issue, NHTSA says”
Summary
BERLIN, (Reuters) – Porsche has begun the search for a successor to CEO Oliver Blume, a source close to the matter said, signalling what is likely to be the end of his dual role at the helm of the luxury sports car maker and parent Volkswagen . Continue reading “Porsche begins CEO search likely to end dual VW role, source says”
Start of Production of Maruti Suzuki’s first BEV, e VITARA for sales in over 100 countries and Suzuki’s first Lithium-ion battery, cell & electrode manufacturing in India for strong hybrid electric vehicles – Significant milestones in Make in India and Aatmanirbhar Bharat
Hansalpur / New Delhi : Hon’ble Prime Minister, Shri Narendra Modi, today commemorated the Start of Production of Maruti Suzuki’s first Battery Electric Vehicle (“BEV”), e VITARA, for sales in over 100 countries, at Suzuki Motor Gujarat Private Limited (“SMG”), a wholly owned subsidiary of Maruti Suzuki India Limited (“Maruti Suzuki”). The Hon’ble Prime Minister also celebrated the start of local manufacturing of first Lithium-ion battery, cell & electrode for strong hybrid electric vehicle at TDS Lithium-Ion Battery Gujarat Private Limited (“TDSG”), Maruti Suzuki’s fellow subsidiary. Continue reading “Hon’ble Prime Minister Shri Narendra Modi commemorates two historic firsts in India”
Summary
Aug 26 (Reuters) – The Trump administration’s tariffs have raised manufacturing costs for the $50 billion U.S. heavy-duty truck industry, prompting companies to consider sourcing more components from Mexico to benefit from concessions under the US-Mexico-Canada Agreement (USMCA).
U.S. truck manufacturers currently face 50% tariffs on imported steel, aluminum and copper derivatives under Section 232 of the Trade Expansion Act. In addition, manufacturers like Bellevue, Washington-based Paccar are hit with tariffs on every non-USMCA-compliant part they import. Continue reading “US truck makers look for cover as Trump’s tariffs raise costs”
(Reuters) – Chrysler-parent Stellantis paid $190.6 million in penalties this year for not meeting U.S. fuel economy requirements, according to a government report and the Italian-U.S. automaker.
The National Highway Traffic Safety Administration said in an annual report that Stellantis paid $112.3 million in June and $78.3 million in March in payments for shortfalls from the 2019 and 2020 model years. In total, Stellantis has paid $773.5 million since 2018. Continue reading “Stellantis paid $190.6 million in US fuel economy penalties this year, agency says”
TOKYO, (Reuters) – The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for 47.83 billion yen ($324.65 million), a source with direct knowledge of the matter said on Tuesday.
Shares in the Japanese automaker ended the day more than 6% lower, following Mercedes-Benz’s announcement on Monday that it would sell its 3.8% stake. The decline marked the stock’s biggest one-day drop since early July. Continue reading “Mercedes-Benz offloads Nissan stake for $325 million, source says”
SEOUL, (Reuters) – South Korea’s Hyundai Motor Group said in a statement on Tuesday it is increasing U.S. investment to $26 billion from a previously planned $21 billion.
Hyundai Motor Group added that it will establish a state-of-the-art robotics facility with an annual capacity of 30,000 units in the U.S. Continue reading “Hyundai Motor Group increases US investment to $26 billion”
(Reuters) – Billionaire Elon Musk’s electric vehicle company Tesla rejected a $60 million settlement proposal in a lawsuit over the 2019 fatal crash of an Autopilot-equipped Model S before a jury this month awarded a $243 million verdict in the case.
Lawyers for the plaintiffs disclosed the settlement proposal in a filing on Monday in the federal court in Miami, Florida, as part of a request for legal fees from Tesla. Continue reading “Tesla rejected $60 million settlement before losing $243 million Autopilot verdict”
Source : PTI | Private vehicles continue to dominate the roads of Mumbai, with two-wheelers and cars accounting for nearly 88 per cent of the city’s 50 lakh-plus vehicle population, while public transport buses make up less than a per cent, as per a report.
According to the Brihanmumbai Municipal Corporation’s “Environment Status Report 2024-25”, Mumbai’s vehicle population crossed the 50-lakh mark in 2024-25, a gradual rise from 45,37,211 in 2023 and 47,59,976 in 2024 to 50,54,907 as of March 2025. Continue reading “Private vehicles choke Mumbai’s roads, BEST buses account for less than 1%”
Source : PTI | Vedanta group firm Hindustan Zinc Ltd is actively exploring opportunities in rare earth elements and seeking global partners for AI and drone-based exploration of critical minerals, Chairperson Priya Agarwal Hebbar on Monday said.
Addressing the shareholders during the 59th Annual General Meeting, Hebbar said, “Further, we are actively pursuing exploration opportunities in copper, lithium, nickel, cobalt, potash, and rare earth elements, while also looking at neodymium from monazite, antimony, graphite, and germanium.” Continue reading “HZL eyes rare earth elements, seeks global partners for AI, drone-led mineral exploration”
