Source By : Mobility Outlook | JSW MG Motor India, through its premium brand channel MG SELECT, will be launching the MG Cyberster—an all-electric luxury roadster that marks the brand’s return to its sporting roots with a futuristic twist. A striking reinterpretation of the classic roadster, the Cyberster features a long sculpted bonnet, muscular rear haunches, and electric scissor doors, … [Read more...]

(Reuters) – Ford is recalling 29,501 vehicles in the U.S. due to a detached control arm that can cause a loss of vehicle steering and control, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration said on Saturday. The automaker is recalling certain 2024-2025 F-150 Lightning BEV vehicles, NHTSA said. Reporting by Anusha Shah in Bengaluru; Editing by Chizu … [Read more...]

Source : PTI | FASTags not properly working, extra money charged by toll plazas and the quality of roads being constructed were some of the issues that drew concern from the members of Parliament’s Public Accounts Committee, its chairperson and Congress MP K C Venugopal said Thursday. The recent collapse of a part of a national highway in Kerala was also flagged at the meeting, and a high-level … [Read more...]

Source : PTI | New Delhi: Delhi government will provide subsidies to people to promote electric vehicle adoption in Delhi in its new policy, Chief Minister Rekha Gupta said on Saturday. Delivering a valedictory address at Aironomics, 2025 convention, she highlighted Delhi government’s different initiatives to combat air pollution. Transformation of all the vehicles, including private ones, into … [Read more...]

Source : PTI | India needs to be watchful of any increased risk of trade diversion into the country due to changing global tariffs, top steel industry executives said reacting to the tariff-related announcement by the US. Major steel players JSW Steel and AMNS India said there is a need to implement necessary trade measures proactively as every country is protecting their industry. US President … [Read more...]

Summary Great Wall Motor chairman openly fretted about industry’s health BYD exec criticizes his comments as alarmist, defends BYD’s debt Chinese auto shares tumbled this week over price war worries BEIJING, (Reuters) – Tensions between two of China’s largest automakers erupted into the open on Friday when a BYD executive slammed as alarmist comments by the chief of Great Wall Motor that called … [Read more...]

Summary Automakers warn of rare-earth magnet shortage China controls over 90% of global magnet processing capacity China’s export restrictions impact global auto production US officials frustrated with China’s slow export license issuance WASHINGTON, (Reuters) – Global auto executives are sounding the alarm on an impending shortage of rare-earth magnets from China – used in everything from … [Read more...]

Summary Five early investors, including CATL and Intel Capital, have sent letters Say offer values Zeekr far lower than some peers despite better prospects Geely plans to merge Zeekr into Geely Auto unit HONG KONG/SHANGHAI, (Reuters) – China’s Geely is undervaluing its premium electric car unit Zeekr with the $2.2 billion take-private offer it has made, five early investors in Zeekr have written … [Read more...]

(Reuters) – Automakers in the United States, including Tesla must build entire vehicles including all their parts in the country instead of manufacturing parts abroad, President Donald Trump said on Friday. The comments from Trump, at a press conference marking Tesla CEO Elon Musk’s last official day at the White House as a senior adviser, were in response to a question on tariffs hurting … [Read more...]

Source : PTI | Realty firm Kanakia Group has tied up with US-based Hines, Mitsubishi Estate and Sumitomo Corporation to develop a premium 15 lakh square feet office complex at BKC in Mumbai. In a statement on Friday, Kanakia Group said it has entered into a joint venture with Hines, and two of Japan’s prominent conglomerates Mitsubishi Estate Co Ltd. (MEC) and Sumitomo Corporation for development … [Read more...]

Source : PTI | FASTags not properly working, extra money charged by toll plazas and the quality of roads being constructed were some of the issues that drew concern from the members of Parliament’s Public Accounts Committee, its chairperson and Congress MP K C Venugopal said Thursday. The recent collapse of a part of a national highway in Kerala was also flagged at the meeting, and a high-level … [Read more...]

Summary Musk’s exit raises questions about Tesla’s sales slump and competition SpaceX faces setbacks with rocket program Musk’s focus shifts to robotaxi launch Tesla shares down 25% since December (Reuters) – Elon Musk’s break with the Trump administration means investors will hope he refocuses on his sprawling empire as Tesla battles slumping sales and after SpaceX’s latest rocket launch fell … [Read more...]

BEIJING, (Reuters) – Porsche struck a deal on Friday to set up its China research and development centre in Shanghai’s Jiading district, according to a local government statement. Under the deal, Porsche models will be equipped with the first infotainment solution tailored for the Chinese market in 2026, the statement said. Reporting by Beijing newsroom Editing by Tomasz Janowski Source: … [Read more...]

STOCKHOLM, (Reuters) – S&P on Friday lowered the outlook for its BB+ credit rating on Volvo Cars to “negative” from “stable”, saying U.S. tariffs and tougher competition in China were hurting the company’s growth prospects. The Sweden-based automaker, which is majority-owned by China’s Geely, last month withdrew its earnings guidance and announced cost cuts, which will include laying off some … [Read more...]

(Reuters) – Hyundai Motor is considering a 1% price increase on its entire U.S. lineup, looking to soften a hit from U.S. President Donald Trump’s tariffs, Bloomberg News reported on Thursday, citing people familiar with the matter. The price hikes could come as soon as next week and would affect the suggested retail price of every model in its lineup, the report said, adding that they would apply … [Read more...]

DETROIT/WASHINGTON, (Reuters) – Ford Executive Chair Bill Ford on Thursday sounded the alarm over the potential for the U.S. government to eliminate production tax credits that support the manufacturing of electric vehicle batteries using Chinese technology. The disappearance of the credits would threaten Ford’s projected $3 billion investment in a Marshall, Michigan, plant that is 60% complete … [Read more...]

Summary Trump tariff uncertainty sidelines importers Port of Los Angeles May volume down double-digits from last year Holiday shipping season off to soft start at Port of Los Angeles LOS ANGELES, (Reuters) – Importer uncertainty ahead of the vital holiday ocean shipping season remains high, the executive director of the busiest port in the U.S. said on Thursday, as a court battle broke out over … [Read more...]

Source : PTI | Ride-sharing platform Rapido has partnered with the Society for Advanced Clinical and Therapeutic Emergency Medicine (SACTEM) to provide basic life support training to over 1,000 bike, auto and cab captains across 16 cities in the country, the company said on Wednesday. The initiative was flagged off on the World Emergency Medicine Day, which is observed globally on May 27 every … [Read more...]

BEIJING, (Reuters) – Xiaomi tab rolled out its new sports utility vehicle in Beijing on Thursday, as the firm best known for smartphones and consumer electronics gears up to further challenge Tesla in the world’s largest auto market. Xiaomi launched the YU7 at 13 of its Beijing showrooms and will start taking orders for the vehicle in July. It is keen to repeat the success of the sporty SU7 sedan, … [Read more...]

(Reuters) – Tesla shares rose more than 2% on Thursday after news that CEO Elon Musk was stepping away from the Trump administration, fueling hopes that he will sharpen focus on the automaker as it gears up for its hotly anticipated robotaxi debut. Musk’s ties with U.S. President Donald Trump and his tilt toward right-wing politics in Europe had fueled waves of protests against Tesla in recent … [Read more...]