Key Highlights from Q1 (April–June 2025) a) Passenger vehicles Passenger Vehicle sales again crossed the 1 million mark in Q1 of 2025-26 (1.01 million units), it is the 2nd time in a row in Q1 in last 2 years. Due to lower sales in the later part of the quarter, sales in Q1 were lower by (-)1.4% as compared to Q1 of 2024-25. The share of Utility Vehicles (UVs) in the Passenger Vehicle segment has … [Read more...]

Source : PTI | Wheels India Ltd, a manufacturer of steel wheels and cast iron-wheels has infused 50,000 euros into its newly formed entity and subsidiary WIL Europe GmbH, the company said on Sunday. The subsidiary WIL Europe GmbH is in the process of formation and is yet to commence operations. It is being developed to expand and do business activities in Europe, Wheels India said. “We wish to … [Read more...]

DETROIT, (Reuters) – General Motors is planning to produce lower-cost battery cells at its joint-venture plant with South Korea’s LG Energy Solution in Tennessee. The Detroit automaker is rolling out production of lithium-iron-phosphate (LFP) batteries, a technology that is gaining popularity at other automakers in the U.S. including at cross-town rival Ford Motor. GM will begin converting battery … [Read more...]

STOCKHOLM (Reuters) – Sweden-based Volvo Cars is booking a impairment charge of 11.4 billion crowns ($1.2 billion) in the second quarter related to its ES90 and upcoming EX90 models, due to tariffs and launch delays, it said on Monday. The group, which is controlled by China’s Geely Holding, said it is currently unable to sell its Volvo ES90, which is built in China, profitably in the United … [Read more...]

(Reuters) – Global sales of electric and plug-in hybrid vehicles jumped 24% in June from a year ago, as a switch to electric vehicles maintained momentum in China and Europe, market research firm Rho Motion said on Tuesday. Still, EV sales in the United States were down 1% in the month and will struggle to pick up this year, after President Donald Trump’s spending bill cut tax credits sooner than … [Read more...]

Summary Asian automakers with strong hybrid lineups, better margins seen gaining US market share Most Asian automakers resisting sharp price rises despite tariff impacts Tariffs may drive industry consolidation, increase US investments Impact on earnings may not be priced in, analyst says SEOUL/TOKYO, (Reuters) – Toyota and Hyundai Motor may have a beef with U.S. protectionism, but they have one … [Read more...]

(Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it had opened a recall query covering 27,816 of Sweden-based EV maker Polestar’s Polestar 2 vehicles over a loss of rear-view camera image. A recall query is an investigation opened by safety regulators when a remedy to solve an issue appears inadequate. The NHTSA said Polestar had in June last year recalled certain … [Read more...]

SHANGHAI, (Reuters) – Chinese automaker Chery on Saturday denied assertions that it had improperly claimed government subsidies for environmentally friendly vehicles. An audit by the Ministry of Industry and Information Technology disqualified declarations by Chery and BYD for a combined $53 million in government subsidies for thousands of vehicles sold in the five years to 2020, accounting for … [Read more...]

July 12 (Reuters) – Jaguar Land Rover North America is recalling 20,999 vehicles in the United States due to torn passenger airbags that may not adequately protect an occupant in a crash, increasing the risk of injury, the U.S. National Highway Traffic Safety Administration said on Saturday. Reporting by Anusha Shah in Bengaluru; Editing by Sharon Singleton Source: worldautoforum.com … [Read more...]

Source : PTI | Japan’s Ambassador to India Keiichi Ono and Japan’s Minister of Economic and Development Affairs Koyoko Hokugo met Gujarat Chief Minister Bhupendra Patel in Gandhinagar on Friday. During the meeting, the Ambassador highlighted Japan’s intent to deepen ties with the state and appreciated Gujarat government’s support to over 350 Japanese companies operating here, said a government … [Read more...]

Source : PTI | The Delhi government is mulling to extend the EV policy, which will expire on July 15, sources said. The EV policy has been extended multiple times under both the previous AAP regime and the current government led by the BJP. The EV policy will expire on July 15, and the government is considering extending it since the new policy is still in the works, sources said. The government … [Read more...]

(Reuters) – Tesla will open its first India showroom in Mumbai next week, having imported $1 million worth of cars and merchandise, marking its entry into the world’s third-largest car market despite CEO Elon Musk’s complaints about high import tariffs. In an invitation to media late Thursday, the carmaker said the July 15 event was the “launch of Tesla in India through the opening of the Tesla … [Read more...]

MUNICH, (Reuters) – BMW’s CEO said on Friday he was optimistic that the European Union and the United States would soon reach a “manageable” agreement on auto import tariffs, potentially including a mechanism to offset imports with exports. Oliver Zipse’s comments come as Europe awaits a letter from the U.S. administration under Donald Trump that could outline the framework of a trade deal and … [Read more...]

Summary GM’s Silao truck plant idled for several weeks Silao downtime affects top-selling Silverado, Sierra models GM says down weeks at factory are meant to optimize production (Reuters) – General Motors is pausing production at a pickup-truck plant in Mexico for several weeks, crimping output of its top-selling vehicles, people familiar with the situation told Reuters, and the company … [Read more...]

BERLIN, (Reuters) – Ford has agreed to a job protection scheme at its Cologne plant covering over 10,000 workers, with voluntary redundancies planned in response to the sluggish uptake of electric cars, the company and German employee representatives said on Friday. Ford has been undergoing a painful restructuring in Europe, with cuts in Cologne and the upcoming closure of its Saarlouis plant … [Read more...]

(Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it had opened a recall query covering 27,816 of Sweden-based EV maker Polestar’s Polestar 2 vehicles over a loss of rear-view camera image. A recall query is an investigation opened by safety regulators when a remedy to solve an issue appears inadequate. The NHTSA said Polestar had in June last year recalled certain … [Read more...]

HONG KONG, (Reuters) – Japan’s Nissan Motor has raised $4.52 billion in U.S. dollar- and euro-denominated senior unsecured bonds, according to a term sheet reviewed by Reuters on Friday, with the proceeds intended to refinance existing debt. The issuance 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, … [Read more...]

Summary Annual investor meet set for November 6 Shareholder proposals deadline set for July 31 Grok chatbot to be integrated to Tesla vehicles next week (Reuters) – Tesla will hold its annual shareholder meeting on November 6, it said on Thursday, a day after a group of 27 investors urged the Elon Musk-led electric automaker to set a date, citing legal obligations. The company, which held its … [Read more...]

(Reuters) – Ford Motor is recalling 850,318 vehicles in the U.S. due to a potential low-pressure fuel pump failure, which could cause an engine stall, the U.S. National Highway Traffic Safety Administration said on Thursday. A faulty fuel pump can reduce fuel flow from the tank to the engine, causing an engine stall and increasing the risk of a crash, NHTSA said. The auto safety authority received … [Read more...]

(Reuters) – Electric vehicle maker Tesla inched closer to start its sales in India, as it said on Friday it would be opening its first showroom at the financial hub of Mumbai on July 15, dubbed as an “experience center”. Reuters reported in March that the Elon Musk-led company had signed a lease deal to open its first showroom in Mumbai to start its sales in India. As a part of its entry into the … [Read more...]