(Reuters) – BMW is recalling over 196,000 vehicles in the U.S. as the engine starter relay may corrode, leading to overheating and short circuit, increasing the risk of a fire, the U.S. National Highway Traffic Safety Administration said on Friday. The issue affects multiple models including Toyota Supra and 2022 BMW 230i vehicles, the U.S. auto safety regulator said. BMW dealers will replace the … [Read more...]

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The National Capital Region (NCR), known for its relentless traffic and rising vehicle population, has long struggled with the twin challenges of road safety and law enforcement. Among the measures implemented to address these issues was the introduction of High Security Registration Plates (HSRPs), designed to bring uniformity, prevent tampering, and aid authorities in vehicle identification. But … [Read more...]

(Reuters) – Britain’s vehicle production dropped 18.2% in August to 38,693 units, industry data showed on Thursday, with attention now on how a cyberattack that has shut Jaguar Land Rover’s plants will hit September production. The outage at Britain’s largest carmaker, Jaguar Land Rover, which produces about 1,000 cars a day across three UK factories, has paralysed operations and disrupted the … [Read more...]

Summary US notice lists exemptions for EU aircraft and parts EU generic pharmaceuticals, compounds to avoid tariffs US confirms exemptions for certain EU natural resources German auto shares up on confirmation of 15% tariff rate WASHINGTON, (Reuters) – President Donald Trump’s administration said on Wednesday it was formally implementing the U.S. trade agreement with the European Union, … [Read more...]

SYDNEY, (Reuters) – Shares of Chinese car maker Chery Automobile jumped 11.2% as the company started trading on the Hong Kong Stock Exchange on Thursday following its $1.2 billion initial public offering. Chery, best known for its Chery, Jetour and iCAR brands, is tapping investor appetite as it expands in the competitive electric and smart vehicle market. The stock opened at HK$34.2, while the … [Read more...]

BERLIN, (Reuters) – Germany’s VDA car industry association on Thursday welcomed the United States lowering tariffs retroactively from August 1 but said exporters still faced challenging trade barriers. “This is an important step,” VDA President Hildegard Mueller said in a statement, after President Donald Trump’s administration said it was formally implementing the U.S. trade agreement with the … [Read more...]

Summary Government weighs support for JLR suppliers after cyberattack JLR losing 50 million pounds weekly, production halted SMMT, JLR, government collaborate on support measures LONDON, (Reuters) – Britain’s government is considering throwing a financial lifeline to carmaker Jaguar Land Rover’s suppliers after a shutdown caused by a cyberattack was extended until October, a government source … [Read more...]

Source : PTI | Renewable energy solutions provider Suzlon on Wednesday said it will transition its entire vehicular fleet to electric mobility by 2035. After committing to power all its facilities with 100 per cent renewable energy by 2030, Suzlon has taken another bold step in its sustainability journey by joining the global EV100 initiative of Climate Group, a company statement said. As part of … [Read more...]

BERLIN, (Reuters) – Mercedes-Benz announced changes to its top management on Wednesday, replacing chief technology officer Markus Schaefer with head of production Joerg Burzer, as it pursues cost efficiencies with a younger board. Burzer, aged 55, will assume responsibility for development and procurement and take on the CTO role from the beginning of December together, the German company said in … [Read more...]

(Reuters) – The U.S. National Highway Traffic Safety Administration said on Wednesday it had opened a preliminary evaluation into 17,198 Rivian electric delivery vans over seat belt concerns. The probe focuses on the driver’s front outboard seat belt anchorage system, which uses a steel-braided cable to secure the belt to the seat frame. According to the NHTSA’s Office of Defects Investigation … [Read more...]

Summary Automakers warn EV tax credit expiration impacts industry investment Automakers seek feasible revisions to Biden’s emissions rules Automakers fear loss of battery production tax credit next year Democrats, environmentalists urge EPA to maintain current emissions rules WASHINGTON, (Reuters) – A group representing nearly all major automakers asked the Trump administration Tuesday to roll … [Read more...]

(Reuters) – Ford Motor Co is recalling 115,539 vehicles in the U.S. due to a defect that could cause the steering column’s upper shaft to detach, the U.S. National Highway Traffic Safety Administration said on Wednesday. The issue, which can potentially lead to a loss of steering control, affects vehicles from model years 2020 through 2021, and includes F-250, F-350, and F-450 vehicles, the U.S. … [Read more...]

Summary Review will scrutinise whether automaker’s suppliers paid on time French government department has asked for detailed financial records for 2024 Nissan says it is cooperating with the request for information TOKYO, (Reuters) – The French government is reviewing whether Nissan’s European business paid suppliers on time, and it has asked the automaker to submit extensive financial records … [Read more...]

Source : PTI | Tata Motors on Tuesday said its dealers retailed around 10,000 passenger vehicles on the first day of Navratri amid a drop in vehicle prices due to a revamped GST regime. The Mumbai-based auto major also recorded over 25,000 customer enquiries at its passenger vehicle dealerships across the country. “We are seeing a very enthusiastic response from customers. Following the … [Read more...]

Source : PTI | Lower rates of Goods and Services Tax (GST) that took effect from Monday are expected to boost sales of light commercial vehicles (LCVs) by 25 to 30 per cent during the festival season between September and October, a senior official of Ashok Leyland said on Tuesday. “The move to reduce GST rates is a historic tax reform of this century. We expect this to lead to a 25 to 30 per cent … [Read more...]

(Reuters) – Stellantis detected unauthorized access to a third-party service provider’s platform that supports its North American customer service operations, the company said in a statement on Sunday. The automaker said the incident, which is under investigation, exposed only basic contact information and did not involve financial details or sensitive personal data. Stellantis did not specify how … [Read more...]

(Reuters) – China’s Chery Automobile is planning to price its shares at HK$30.75 ($3.96) each to raise $1.2 billion in a Hong Kong initial public offering, two sources with direct knowledge of the matter said on Monday. The company last week started a bookbuild to sell 297.4 million shares in a price range of HK$27.75 to HK$30.75 each, according to its regulatory filings. Chery did not immediately … [Read more...]

Summary Musk promised Bay Area robotaxis but Tesla’s service does not involve autonomous vehicles Alarmed regulators pressed Tesla for answers and asked it to clear up ‘public confusion’ Musk’s robotaxi promises underpin Tesla’s $1 trillion valuation and Musk’s enormous proposed pay package (Reuters) – Tesla CEO Elon Musk tantalized investors in July with a robotaxi update: After a small-scale … [Read more...]

BEIJING, (Reuters) – Warren Buffett’s Berkshire Hathaway has fully exited Chinese automaker BYD, a filing showed, ending a 17-year investment that grew over 20-fold in value in that period. The filing by Berkshire’s energy subsidiary recorded the value of its BYD investment as zero as of end-March, down from $415 million at the end of 2024. Buffett’s company began investing in Shenzhen-based BYD … [Read more...]