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Stellantis to recall over 219,000 US vehicles due to an issue with rear-view camera, NHTSA says

01/09/2025

(Reuters) – Chrysler parent Stellantis is recalling 219,577 Ram ProMaster and Doge Journey vehicles in the U.S. due to an issue with the rear-view camera that could diminish the driver’s view behind the vehicle, the U.S. National Highway Traffic Safety Administration said on Saturday. Reporting by Chandni Shah in Bengaluru; Editing by Bernadette Baum Source: worldautoforum.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-17

Markets to track GST Council meet, GDP data, auto sales and global tariff talks this week

01/09/2025

Source : PTI | Equity markets this week would keenly track the upcoming GST Council meeting, macroeconomic data announcements and trading activity of foreign investors for further movement, analysts said. Moreover, developments related to tariff negotiations, global market trends and auto sales data would also drive investors’ sentiment. “Looking ahead, India’s resilience, supported by strong Q1 … [Read more...]

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The E20 Fuel Controversy- A Few Solutions

30/08/2025

By WAF Think Tank E20 Fuel Transition in India (Balancing Energy Security, Environment, and Consumer Interests) Background India has advanced its ethanol blending programme, rolling out E20 petrol nationwide in 2025, five years ahead of schedule. While this supports energy security, farmer income, and reduced carbon footprint, it has triggered consumer backlash due to vehicle compatibility, … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-17

Maharashtra tops PV sales in June qtr; overall segment crosses 10-lakh mark: SIAM

30/08/2025

Source : PTI | Around 10 lakh passenger vehicle units were sold in the country in the April-June quarter this fiscal, with Maharashtra leading the sales chart during the period, according to the data shared by industry body SIAM. In the April-June period, 10.12 lakh units of passenger vehicles were sold in the country, with the western zone leading with sales at 3.21 lakh units. Maharashtra … [Read more...]

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Washington must swiftly cut auto tariffs after EU paves way, German car lobby says

30/08/2025

FRANKFURT, (Reuters) – Washington must swiftly honour an agreement with Brussels and cut tariffs on EU auto imports to 15% from 27.5% as of August 1 after the EU started the legislative process to remove duties on U.S. goods, Germany’s auto industry association VDA said. “For the automotive industry, the current high additional burdens mean considerable financial losses. Therefore, time is of the … [Read more...]

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Ford recalls over 105,000 US vehicles due to lighting failure, NHTSA says

30/08/2025

(Reuters) – Ford Motor Company is recalling more than 105,000 Mustang cars in the U.S., citing improperly sealed panels that may let water seep in and cause external lights to fail, the National Highway Traffic Safety Administration said on Friday. Reporting by Chandni Shah in Bengaluru; Editing by Sumana Nandy Source: worldautoforum.com … [Read more...]

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Volkswagen’s Brazil unit ordered to pay $30 million for decades-old ‘slave labor’ case

30/08/2025

SAO PAULO, (Reuters) – Volkswagen’s Brazil unit has been ordered to pay 165 million reais ($30.44 million) in damages for subjecting workers on a farm to slavery-like conditions in the 1970s and 1980s, labor prosecutors said on Friday. A labor court found that hundreds of workers at a Volkswagen-run ranch were subjected to degrading work conditions, forced into debt bondage and were held under … [Read more...]

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India’s push for ethanol-mixed fuel sparks driver backlash, leaves carmakers scrambling

30/08/2025

Summary Indians worry new ethanol-blended fuel will hit car performance Government offering no fuel choice to consumers at most pumps India says E20 lowers carbon emissions, concerns unjustified Automakers try to assuage concerns of car owners, issue FAQs NEW DELHI/LUCKNOW, (Reuters) – The Indian government is facing a backlash from motorists after the nationwide rollout of fuel blended with 20% … [Read more...]

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Musk accuses SEC of overreach, seeks to end lawsuit over Twitter stake

30/08/2025

Summary Musk waited 11 days too long to reveal 5% Twitter stake Musk calls lawsuit wasteful, says he meant no harm SEC says Musk violated important disclosure rules (Reuters) – Elon Musk has asked a federal judge to dismiss a U.S. Securities and Exchange Commission lawsuit claiming he waited too long to disclose his purchases of Twitter shares in 2022, accusing the regulator of overreaching in … [Read more...]

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BYD’s quarterly profit falls for first time in 3-1/2 years as price wars bite

30/08/2025

Summary BYD’s Q2 profit drops 29.9% y/y, 1st fall in over 3 years Working capital deficit expands Outlook for 2025 sales target pessimistic, analyst says BEIJING, (Reuters) – Chinese electric vehicle maker BYD’s quarterly profit fell for the first time in more than three years, as its expansion hit a speed bump amid a government campaign against price wars. Net profit at the world’s biggest EV … [Read more...]

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Mobisoft Upgrades FleetNXT Platform to Deliver 2X Efficiency and 35% Cost Savings in Large-Scale Event Transportation.

29/08/2025

Pune, August 29th 2025 – Mobisoft Infotech, a global technology solutions provider, has announced a significant upgrade to its event transportation platform with the release of FleetNXT 2.0. The enhanced version delivers up to 35% cost savings and 2X improvement in operational efficiency, setting a new benchmark for managing large-scale event logistics through smarter, data-driven … [Read more...]

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Brazil readies updated sector trade deals with Mexico

29/08/2025

MEXICO CITY, (Reuters) – Brazil and Mexico plan to sign complementary trade deals in August of next year, Brazilian Vice President Geraldo Alckmin said on Thursday, after a meeting with Mexican President Claudia Sheinbaum. Authorities signed preliminary agreements in agriculture, health and biofuels, Alckmin told a press conference in Mexico City. However, Mexico requires “traceability” of … [Read more...]

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JSW MG Motor India Creates Asia’s Largest ‘Carkalam’ With 306 EVs In Kerala

28/08/2025

In a vibrant tribute to Kerala’s Onam festival, JSW MG Motor India has set a new record by creating Asia’s largest ‘Carkalam’—a massive pookalam (floral rangoli) crafted with 306 MG electric vehicles. Held at the Grand Hyatt Bolgatty in Kochi, the spectacle has entered the Asia Book of Records, blending cultural heritage with automotive innovation. The record-breaking initiative was a joint effort … [Read more...]

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World premiere of the T-Roc: new generation of the best seller is high quality and innovative

28/08/2025

The time has come: Volkswagen presents the new T-Roc! Developed completely from scratch, the second generation of the best seller boasts an expressive design and innovative drive systems. The high-quality interior features a newly designed cockpit, an infotainment screen measuring up to 33 centimetres (13 inch) and background lighting that creates a lounge-like atmosphere. In addition, the T-Roc … [Read more...]

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BMW CEO says ‘can’t afford mistakes’ ahead of fully electric launch

28/08/2025

BERLIN, (Reuters) – BMW chief executive Oliver Zipse expects a reordering of the car industry in the coming years, warning in an interview on Thursday that the sector cannot afford mistakes, as the company bets heavily on its revamped electric vehicle offering. “There will be a selection process in our industry,” Zipse told the Spiegel news magazine. This, he said, was why the German carmaker … [Read more...]

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Volkswagen extends Amazon cloud partnership to save costs with AI

28/08/2025

BERLIN, (Reuters) – Volkswagen has extended its ‘factory cloud’ partnership with Amazon Web Services by another five years, the German carmaker said on Thursday, as it rolls out the use of artificial intelligence to improve production and reduce costs. The company partnered with the cloud computing services unit of Amazon.com to create a digital production platform, or DPP, which Volkswagen says … [Read more...]

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COSCO facing ‘challenges’ with international investments amid US trade pressures

28/08/2025

HONG KONG, (Reuters) – COSCO Shipping Ports is facing “challenges” with its international investments amid pressures from the U.S. trade war, its managing director said in Hong Kong on Thursday. Wu Yu told an earnings conference that while there were challenges from the United States, the state-owned global shipping and ports conglomerate was “very focused on development opportunities in emerging … [Read more...]

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Over 600 UAW workers at two GE Aerospace facilities go on strike

28/08/2025

(Reuters) – Over 600 workers of the United Auto Workers union at GE Aerospace’s Evendale, Ohio, plant and Erlanger, Kentucky, distribution facility went on strike on Thursday after failing to reach a new contract agreement, UAW President Shawn Fain said. The Evendale plant builds marine and industrial engines for the U.S. Navy, while the Erlanger facility supplies parts to some of the company’s … [Read more...]

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UAW union says it wins vote at Ford JV battery plant in Kentucky

28/08/2025

DETROIT, (Reuters) – The United Auto Workers (UAW) said on Wednesday it won a vote at a Ford joint-venture plant in Kentucky to unionize it, but believed 41 challenge ballots still pending to be illegitimate. A win for the union would give it a much-needed boost in the U.S. South by securing membership at another electric vehicle (EV) production facility, a key battleground as the automobile … [Read more...]

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Toyota’s July sales rise for seventh month on strong N.America, China EV demand

28/08/2025

TOKYO, (Reuters) – Toyota Motor’s global sales rose in July for a seventh consecutive month, anchored by robust demand in North America and strong performance of hybrid and new electric models in China, the Japanese automaker said on Thursday. The company’s worldwide sales rose 4.8% year-on-year to 899,449 vehicles in July, a record for that month. Toyota Motor, the world’s largest automaker, saw … [Read more...]

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