(Reuters) – Tesla is looking to combine the electronic and manual door-release mechanisms, which are currently in separate locations, the company’s longtime design chief, Franz von Holzhausen, said on a Bloomberg News podcast on Wednesday. Von Holzhausen said the decision is intended to make the handles more intuitive for occupants in “a panic situation”. The U.S. National Highway Traffic Safety … [Read more...]

Battery energy storage systems maker Tesla Group a. s. and SRAM & MRAM Group, a global leader in technology and sustainable development, have inked a USD 1 billion agreement to set up electric vehicle battery facilities in India and other countries, according to a company official. As per the agreement, a total of five EV battery factories, also called gigafactories, will be set up in India … [Read more...]

Summary August exports -0.1% yr/yr vs forecast -1.9% Imports -5.2% yr/yr vs forecast -4.2% U.S.-bound shipments down 13.8%, biggest drop since Feb 2021 Economists predict contraction in economy in Q3 TOKYO, (Reuters) – Japan’s exports fell for a fourth straight month in August, government data showed on Wednesday, as elevated U.S. tariffs took a deeper toll on the country’s automotive and other … [Read more...]

YOKOHAMA, Japan, (Reuters) – Nissan Motor is studying the cost competitiveness of Chinese suppliers and exploring ways to apply their practices globally, as it aims to cut variable costs by 250 billion yen ($1.71 billion) in a broad efficiency drive, a senior executive said. Tatsuzo Tomita, Nissan’s chief of total delivered cost transformation, said on Wednesday the Japanese automaker was drawing … [Read more...]

(Reuters) – Nissan Motor will close its design centers in California and Sao Paulo and scale back operations in London and Japan as part of a realignment of its global design organization, the company said on Tuesday. The Japanese automaker said the restructuring, which will be completed by the end of fiscal 2025, is aimed at streamlining its design operations. The changes, part of its broader … [Read more...]

(Reuters) – Chrysler-owner Stellantis is recalling 53,849 vehicles in the U.S. over potentially faulty fuel pumps, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday. The recall covers certain 2017-2018 Alfa Romeo Giulia and 2018-2019 Alfa Romeo Stelvio vehicles, the auto safety regulator said. The vehicles had fuel pumps that may contain components vulnerable to heat, … [Read more...]

Summary JLR extends UK production halt to September 24 33,000 staff affected, many told to stay at home Trade union warns of job losses LONDON, (Reuters) – Britain’s largest carmaker, Jaguar Land Rover, said a pause in production due to a cyber attack would now stretch to September 24, extending the stoppage at its British plants to more than three weeks. The luxury carmaker, owned by India’s … [Read more...]

BERLIN, (Reuters) – Ford will cut up to 1,000 jobs in electric car production in the German city of Cologne due to weak demand, the U.S. carmaker said in a statement on Tuesday. “In Europe, demand for electric cars remains well below industry forecasts,” the statement said. “Ford will therefore switch production at the Cologne plant to single-shift operation from January 2026,” resulting in the … [Read more...]

(Reuters) – Australia’s Syrah Resources said on Wednesday that it has agreed with Tesla to extend the deadline to address an alleged breach of their critical graphite supply agreement, buying the miner precious time to salvage a deal vital to its U.S. expansion. Elon Musk-led Tesla issued a default notice in July after Syrah allegedly failed to deliver conforming active anode material samples from … [Read more...]

TOKYO, (Reuters) – Nissan Motor has reduced its production plan for the new model of its Leaf electric vehicle by more than half for September-November owing to delays in battery procurement, the Nikkei business daily said on Tuesday. Lower than expected battery yields at a Nissan affiliate had caused the revision, the Nikkei said, adding that the Japanese automaker planned to release the new EV … [Read more...]

WASHINGTON, (Reuters) – The U.S. National Highway Traffic Safety Administration said on Tuesday it had opened an investigation into about 174,000 Tesla Model Y cars from the 2021 model year over reports that electronic door handles can become inoperative. NHTSA said it had received reports citing an inability to open exterior doors, including after parents exited the vehicle to remove a child or … [Read more...]

Source : PTI | The government is working to make India’s automobile industry number one in the world within five years, Union Minister Nitin Gadkari said on Monday. Inaugurating the ‘International Value Summit 2025’, Gadkari said the automobile sector pays maximum GST revenue to the government and generates employment opportunities. “Within five years, our target is to make India’s automobile … [Read more...]

Source : PTI | Nearly 95,000 passenger vehicles in Maharashtra are now fitted with mandatory tracking devices that allow real-time monitoring and onboard SOS alert facilities to boost commuter safety, especially for women, officials said on Sunday. These GPS-enabled Vehicle Location Tracking Devices (VLTD) also allow authorities to pinpoint a vehicle’s location instantly from the newly set-up … [Read more...]

Source : PTI | Andhra Pradesh Chief MinisterN Chandrababu Naidu on Sunday directed officials to construct an ultra-modern bus station in Tirupati, equipped with state-of-the-art facilities. Reviewing designs with National Highways Logistics Management Limited and Andhra Pradesh State Road Transport Corporation (APSRTC) officials at his camp office, Naidu stressed that the project must meet the … [Read more...]

SHANGHAI, – China’s leaders have pledged to put an end to aggressive price cuts by some Chinese companies which regulators say are spurring excessive competition that is damaging the economy. The so-called “anti-involution” campaign has been sparked by overcapacity among Chinese manufacturers – a legacy of past government efforts to stimulate the economy – and price cuts made to clear stock or … [Read more...]

Summary Barter transactions help circumvent SWIFT disconnection and secondary sanctions fears Russia’s economy ministry issued a guide to facilitate foreign barter transactions Barter last popular during Russia’s chaotic 1990s post-Soviet economy MOSCOW, (Reuters) – Old-fashioned barter is on the rise in Russia’s foreign trade for the first time since the 1990s, as companies seeking to outfox … [Read more...]

BERLIN, (Reuters) – U.S. electric carmaker Tesla plans to raise production at its German plant for the rest of the year due to strong sales, the head of the Gruenheide factory told Germany’s DPA news agency on Sunday. “We currently have very good sales figures and have therefore revised our production plans for the third and fourth quarters upwards,” André Thierig, manager of the Gruenheide plant … [Read more...]

SHANGHAI, (Reuters) – China is targeting 32.3 million in vehicle sales in 2025, the country’s industry ministry said, below the 32.9 million units projected for the year by the China Association of Automobile Manufacturers (CAAM). The target was part of a plan to support stable growth in the auto sector that China’s Ministry of Industry and Information Technology, along with seven other government … [Read more...]

SEOUL, (Reuters) – South Korea will check with companies whether there were any human rights violations for Korean workers that were detained in the U.S., the presidential spokesperson said on Monday. More than 300 South Korean workers made a dramatic return home on Friday after about a week of detention in a U.S. immigration detention facility. Reporting by Hyunjoo Jin and Ju-min Park; Editing by … [Read more...]

HONG KONG, (Reuters) – China’s BYD said on Monday it would actively respond to an industry initiative that fleshes out rules on automakers making timely payments to suppliers, joining others in complying with a government call against price wars. The Chinese electric vehicle giant said it will focus on order confirmation, delivery and acceptance, payment and settlement, and contract duration among … [Read more...]