WAF Auto News | The Auto World This Week (21st February 2025)

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INDIA

India’s $1.4 billion tax demand a matter of survival for Volkswagen India unit, lawyer says WAF

JSW MG Motor India Marks 15,000-Unit Production Milestone For Windsor WAF

Tesla picks showroom sites in New Delhi, Mumbai to start India sales, sources say WAF

Govt to invite applications for electric car manufacturing scheme by April 2025: Sources CNBC

Uber scraps commissions for auto drivers, shifts to subscription model like Ola, Rapido CNBC

‘Working like maniacs’: Anand Mahindra on M&M’s strategy to beat competition from firms like Elon Musk’s Tesla CNBC

Tata Curvv EV, Nexon EV get up to Rs 1 lakh benefits Autocar

Next gen Hyundai Creta launch in 2027 Autocar


ASIA

Japan’s Suzuki trims India sales target amid competition, scales back EV launches WAF

Exclusive: Almost 90% of Japanese companies see Trump as bad for business, Reuters survey shows WAF

Japan’s Suzuki aims to boost sales by a third by 2030, invest heavily in India WAF

Complaints targeting BYD flood Chinese consumer portal after smart EV launch WAF

Honda ready to revive takeover talks if Nissan CEO Uchida leaves, FT reports WAF

GM closing plant in China as part of restructuring WAF

Chinese exporters brace for ‘rat race’ in shift away from US WAF


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USA

Trump adds lumber to list of goods facing tariffs over ‘next month or sooner’ WAF

Nikola goes bankrupt, to sell assets in latest EV market turmoil WAF

Exclusive: Tesla cited by U.S. regulators over worker’s death WAF

Exclusive: Ford slashes manager stock bonuses to cut costs, boost performance WAF

FAA fires fewer than 400 workers, transportation chief says WAF

Delaware bill would limit investor lawsuits as companies threaten to leave the state WAF

Trump keeps tariffs drumbeat going, with autos targeted next WAF


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EUROPE

Renault beats profit forecast, warns on EU emissions rules WAF

Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings WAF

Northvolt sells heavy industry battery business to truckmaker Scania WAF

China’s electric vehicles are around 3-5 years ahead, BYD CEO says WAF

Volkswagen sets internal VW brand margin target of 6.5%, says Business Insider WAF


LATIN AMERICA

Renault, Zhejiang Geely to produce low-emission vehicles in Brazil WAF

Exclusive: China’s BYD holds mining rights in Brazil’s Lithium Valley, documents show WAF


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