WAF Auto News | The Auto World This Week (26th July 2024)

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India’s Top CA Demystifies Union Budget 24-25 in 12 Simplified Shots WAF

World breaks hottest day record again, despite El Nino’s end WAF


INDIA

JSW MG Motor to invest Rs 3,000 cr in India by 2025, to launch Cloud EV this festive season ET

Volkswagen India Expands With Second Pre-Owned Store In Chittorgarh DriveSpark

Tata Motors overtakes Maruti Suzuki to reclaim the most valuable automaker spot CNBC

Porsche India retail sales grow 40% in January-June period WAF

Expect double-digit growth in replacement, international business despite rubber price hike: CEAT WAF

What is ethanol-based fuel and why is Nitin Gadkari a fan HTAuto

Premium buses run by private players to ply in Delhi-NCR from Aug WAF

Select national highways to get satellite-based toll collection system: Gadkari HTAuto

BMW launches India’s priciest electric scooter, the CE 04, at ₹14.90 lakh CNBC

Ola’s CEO Posts Teaser Image Of Upcoming Electric Bike car&bike

Electric Two-Wheeler Subsidies Under Electric Mobility Promotion Scheme (EMPS) To End On July 31 car&bike

Production Citroen Basalt Exterior Previewed Ahead Of August Launch car&bike


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ASIA 

Thailand car production drops sharply in June, local sales fall WAF

Nissan profit wiped out by US discounts; shares hammered WAF

China’s BYD widens EV lead over Tesla in Singapore, Southeast Asia, data shows WAF

Toyota to launch $5.16 billion tender offer for own shares WAF

Thai investigation into BYD EV discounts moves ahead despite cash-back offer WAF

Trump sanctions prompted China Xiaomi’s EV entry, CEO says WAF

Xpeng, Volkswagen set up project house to roll out new EV architecture WAF

China lithium rebounds on Chile earthquake, but demand concerns persist WAF

Lamborghini unveils hybrid supercar in South Korea, sees strong sales HTAuto


AUSTRALIA

Sodium-ion batteries are set to spark a renewable energy revolution – and Australia must be ready WAF


EUROPE

Porsche bids to restore output, tackle supply chain risks in second half WAF

BMW to recall 290,000 faulty vehicles in US on safety fears WAF

Porsche cuts forecasts, shares fall, amid alloy shortage WAF

Forvia and BYD to bring Asian partnership to Europe WAF

Stellantis ready to ‘fight’ for place in Europe’s EV market, CEO says WAF

Renault CEO calls for flexibility in European EV transition timeline WAF

Volkswagen CEO: discussed free trade, global economy, AI with Chinese ministers WAF

Auto supplier Autoliv cuts full-year forecast after weak quarter WAF

Serbia, EU and Germany sign battery supply chain deal WAF

Chinese industry body tells EU to correct its findings on EVs WAF


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USA

Hyundai Motor posts record Q2 profit on strong US sales, to boost hybrid lineups WAF

Stellantis ready to axe brands and fix US problems, CEO says WAF

Automotive tech company CDK must face antitrust class action, judge says WAF

Rivian to face trial in Tesla trade secrets theft case, judge says WAF

Tesla’s bleak margins sour investors as Musk hypes everything but cars WAF

GM beats quarterly expectations and raises forecast, but shares dive WAF

Tesla profit margins worst in five years as price cuts, incentives weigh WAF

GM beats second-quarter expectations, raises forecast again WAF

GM puts self-driving vehicle without steering wheel on hold WAF

Western miners push for higher metals prices to ward off Chinese rivals WAF

US opens probe into 150,000 Stellantis vehicles over loss of motive power WAF


CANADA

Ford pivots from EV plans to heavy-duty trucks at Canada facility WAF


LATIN AMERICA

Mexico president says Musk ‘not serious’ about possibly scrapping Mexican investment WAF


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