Summary Shares sink 7% on EV roll-out delays and profit warning Parent Volkswagen faces 5.1 billion euro hit, cuts guidance Porsche profit margin trimmed to 2% for 2025 from 5-7% Traders say reversing EV bet will cost time and money BERLIN, (Reuters) – Investors punished German sports car brand Porsche on Monday after the firm, caught between its iconic gas guzzlers and a shift to electric … [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...]

TOKYO, (Reuters) – Nissan Motor said on Monday it has started testing a new driver-assistance system that uses technology from British startup Wayve, ahead of a planned launch in Japan in the 2027 financial year. The Japanese automaker demonstrated the system in Tokyo earlier this month using Ariya electric vehicles equipped with advanced collision avoidance features designed to assist drivers in … [Read more...]

(Reuters) – Electric vehicle maker Polestar is recalling 27,816 cars in the United States due to a rearview camera issue, the U.S. National Highway Traffic Safety Administration said on Saturday. The NHTSA said the rearview camera image in certain Polestar 2 vehicles may not display when the car is placed in reverse, increasing the risk of a crash. Car dealers will update the vehicle software free … [Read more...]

(Reuters) – Tesla has been approved to start testing autonomous robotaxi vehicles with a safety monitor in Arizona, the state transportation department said in an email to Reuters on Friday. Tesla had applied in June for a permit to begin trials for an autonomous vehicle ride-sharing service, and now plans to test robotaxis in the Phoenix Metro area using safety drivers, the Arizona Department of … [Read more...]

Source : PTI | Mid-sized motorcycle maker Royal Enfield on Friday said it has tied up with e-commerce marketplace Flipkart to sell its entire 350cc portfolio. The company’s 350cc range – the Bullet 350, Classic 350, Hunter 350, Goan Classic 350 and the new Meteor 350 will be available on Flipkart, starting September 22, 2025, in five cities – Bengaluru, Gurugram, Kolkata, Lucknow and Mumbai, the … [Read more...]

Summary Porsche says launch of some all-electric models to be delayed Production of current combustion, hybrid models will be extended Volkswagen, Porsche both cut 2025 profit outlooks due to shift Frankfurt-listed Porsche shares down 3.1% BERLIN/FRANKFURT, (Reuters) – Porsche AG on Friday dialled back plans for its electric vehicle rollout due to weaker demand, pressure in key market China and … [Read more...]

(Reuters) – U.S. chip designer Nvidia has signed, a letter of intent for a possible $500 million investment in the next funding round at Britain’s Wayve, the autonomous driving technology group said on Thursday. The development comes after Britain and the United States signed a technology pact aimed at boosting ties in artificial intelligence and other fields. Founded in 2017, Wayve raised over $1 … [Read more...]

WASHINGTON, (Reuters) – The U.S. Senate voted on Thursday to confirm the top auto safety official along with dozens of other nominees, including officials overseeing highways and pipelines. The Senate voted 51-47 to confirm Jonathan Morrison to head the National Highway Traffic Safety Administration and 47 other nominees, the first time the NHTSA has had a permanent leader in three … [Read more...]

BEIJING, (Reuters) – The China Association of Automobile Manufacturers (CAAM) has launched an anti-discrimination probe into the impact on the auto industry of U.S. trade policy over chips, the association said in a statement on Friday. Automakers are called on to submit their inputs as of October 13. The probe came after the commerce ministry initiated discrimination and dumping investigations … [Read more...]

PARIS, (Reuters) – Stellantis unveiled an electric vehicle prototype on Friday featuring a faster-charging, lighter and more affordable battery that eliminates the need for a separate inverter and charger. The IBIS (Intelligent Battery Integrated System) was developed in partnership with TotalEnergies subsidiary Saft. It is one of the first of its kind and provides weight and space savings and is … [Read more...]

Summary Anode-free technology could boost EV battery capacity Potential 90-mile increase in range of Tesla Model Y Panasonic also aims to reduce the amount of nickel required (Reuters) – Panasonic aims to develop a new type of higher-capacity battery in about two years, potentially extending the driving range of electric vehicles in a groundbreaking advance for the Tesla supplier. The Japanese … [Read more...]

WASHINGTON, (Reuters) – The U.S. Senate voted on Thursday to confirm the top auto safety official along with dozens of other nominees, including officials overseeing highways and pipelines. The Senate voted 51-47 to confirm Jonathan Morrison to head the National Highway Traffic Safety Administration and 47 other nominees, the first time the NHTSA has had a permanent leader in three … [Read more...]

New Delhi, 18th September 2025: To deliberate on advancing road safety, fostering responsible driving practices, and accelerating the transition towards greener mobility solutions, the Society for Automotive Fitness & Environment (SAFE), an initiative of the Society of Indian Automobile Manufacturers (SIAM), organised the 26th SAFE Annual Convention under its Safe Journey (सुरक्षित सफर) … [Read more...]

Summary SAIC to cut 49% stake in JSW MG Motor, sources say Money-losing venture last valued at $1.2 bln SAIC to stop investing in venture; will supply tech, sources say Curbs on Chinese investment stunt venture’s growth, sources say JSW exploring Chery tie-up for own-brand cars, sources say NEW DELHI, (Reuters) – China’s SAIC Motor will slash its 49% stake in its Indian joint venture and halt … [Read more...]

Summary Analysts predict gradual U.S. price increases, focus on higher-end models Automakers face $2,300 added cost per vehicle due to tariffs Destination fees rise 8.5% for 2025 models, offsetting tariff costs DETROIT, (Reuters) – Automakers have been absorbing billions in added expenses since U.S. President Donald Trump’s tariffs took effect in April, sparing American car shoppers from sticker … [Read more...]

Source : PTI | Niti Aayog Vice Chairman Suman Bery on Wednesday said India’s energy transition should be embedded in the overall development strategy of the country. Addressing a session at ‘FT Live Energy Transition Summit India’, Bery said he is concerned that an excessive reliance even on domestic electricity sources, such as coal, is not necessarily the best solution for energy. “We need to … [Read more...]

(Reuters) – Toyota is recalling 591,377 vehicles in the U.S. due to an issue with the instrument panel display that does not show critical information, increasing the risk of a crash or injury, the country’s auto safety regulator said on Thursday. The recall covers several models including Venza, Highlander, Lexus, Tacoma and GR Corolla, the National Highway Traffic Safety Administration said. The … [Read more...]

(Reuters) – Hyundai Motor is recalling 568,580 Palisade vehicles in the U.S., over an issue with the seat belt buckles which may not properly secure passengers in a crash, the U.S. autos safety regulator said on Thursday. The recall affects certain 2020-2025 model year Palisade vehicles, the National Highway Traffic Safety Administration said. Customers are advised to insert the belt firmly into … [Read more...]

Volkswagen is bringing back the music and pop culture of the 1990s with its new all-electric ID.3 GTX FIRE+ICE special model: With spectacular stunts and breathtaking landscape shots, Willy Bogner’s ski film “Fire and Ice” (1986) quickly achieved cult status in the 1980s. The legendary Golf 2 Fire & Ice (1990), inspired by the film, had a lasting impact on the Zeitgeist. … [Read more...]