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Summary TOKYO, (Reuters) – Japan's Honda aims to cut more than $9 billion in ​costs over the next four years and has instructed suppliers to drastically reduce their prices, according to internal documents and one person familiar with ‌the matter. The plan, reported here for the first time, is one of the most striking examples yet of how Japanese automakers are scrambling to deal with… ➪ … [Read more...]

BEIJING, (Reuters) – Tesla's China-made electric vehicle sales slowed to a gain of 3.6% year-on-year in August, ​down sharply from the prior month, as divergent ‌trends persisted across the U.S. automaker's major markets. Sales of Model 3 and Model Y vehicles from its Shanghai factory, including exports to Europe, ​Asia Pacific and Canada, rose to 86,166 units from the year ​earlier… ➪ Continue … [Read more...]

Summary (Reuters) – Uber Technologies will lay off ​about 3,300 employees, or 10% of staff, in its largest cuts since the COVID-19 pandemic, to better navigate the ‌rise of robotaxis encroaching on its ride-hailing business. The cuts will flatten management layers, reducing organizational complexity that was built during a period of rapid growth but is now proving a hurdle to decision-making… ➪ … [Read more...]

: PTI | West Bengal Transport Minister Arjun Singh took stock of a host of issues concerning app cab operators, including fare revision and CNG availability, officials said on Wednesday. At a meeting held here late on Tuesday, Singh also directed officials to initiate steps to address concerns raised by the operators, they said. A major point of discussion was the "shortage" of CNG… ➪ Continue … [Read more...]

: PTI | The Delhi Traffic Police issued 751 challans in a day to motorists for riding two-wheelers without helmets during a special enforcement drive conducted across the northern range, an official said on Tuesday. Traffic personnel were deployed at strategic locations to check violations of the mandatory helmet rule. A total of 751 motorists were prosecuted for riding without helmets… ➪ … [Read more...]

: PTI | Kinetic Engineering's EV subsidiary, Kinetic Watts & Volts Ltd (KWV), on Wednesday said it has appointed Makrand Joshi to lead its international business development as the company explores opportunities in overseas markets. The Pune-based company said as part of this plan, it is evaluating expansion with an initial focus on Turkey, Nepal, Sri Lanka, Bangladesh, Kenya… ➪ Continue … [Read more...]

1st September 2026, New Delhi, BHARAT: The Federation of Automobile Dealers Associations (FADA) 8th Auto Retail Conclave 2026 brought together policymakers, industry leaders, automobile manufacturers, Dealers and ecosystem partners to deliberate on the future of India's automotive retail sector under the theme "BHARAT: Inclusive Mobility, Inspired Growth." The conclave highlighted the … [Read more...]

1st September 2026, New Delhi, BHARAT: The Federation of Automobile Dealers Associations (FADA), the apex national body of automobile retail in India, today announced the appointment of Mr. Sai Giridhar as FADA's 38th President and for the years 2026-28. The decision was made at the 323rd Governing Council Meeting, which was held immediately after the 62nd Annual General Meeting. Mr. ➪ Continue … [Read more...]

BEIJING, (Reuters) – Chinese electric vehicle maker BYD, reported rising global sales for the ​fourth straight month, as robust exports continued to ‌cushion the impact of sluggish domestic demand. Total sales climbed 17.8% from a year earlier to 440,293 vehicles in August, while overseas shipments ​jumped 134.5% to 189,466 vehicles, according to Reuters calculations based ​on BYD's … [Read more...]

BERLIN, (Reuters) – Volkswagen's management board plans to ​propose ending production ‌at four German plants between 2031 and ​2034, German business ​outlet WirtschaftsWoche reported on ⁠Tuesday. The Emden and ​Zwickau plants are slated ​to end production in 2031, followed by Hanover ​in 2032 and ​finally Neckarsulm in 2034, WirtschaftsWoche ‌said, ⁠citing a supervisory board paper. ➪ Continue … [Read more...]

STOCKHOLM, (Reuters) – Tesla's supervised self-driving technology recorded 4.1 times fewer collisions than manually driven Tesla cars in the five European countries where it is permitted, the ​automaker said on Tuesday, as it steps up lobbying efforts ahead ‌of an EU vote on wider deployment. The Netherlands in April became the first European country to grant provisional approval for Tesla's… ➪ … [Read more...]

OTTAWA, (Reuters) – The U.S. needs to start being serious and stop trying to ​be tough before talks on a possible trade deal with Canada ‌can restart, Prime Minister Mark Carney told reporters on Tuesday. Canada walked away from negotiations on an agreement to avoid additional U.S. tariffs on August 21, saying the ​American side had made unacceptable last-minute demands. Since then U.S. ➪ … [Read more...]

(Reuters) – Ford Motor is recalling 148,663 vehicles ​in the U.S. due to ‌a loss of driver power and loss of headlight function or windshield ​washing system function, which can ​reduce visibility, the U.S. National Highway ⁠Traffic Safety Administration said on ​Tuesday. Here are some details: Reporting by Gargi Gupta ​in Bengaluru; Editing by Rashmi Aich… … [Read more...]

Summary NEW DELHI, (Reuters) – VinFast has suspended plans to manufacture three electric ​vehicles in India and ordered suppliers to halt work on the projects while it reassesses costs, according to two s ‌and a company memo reviewed by Reuters – a year after the Vietnamese automaker entered a crucial growth market. The manufacturer has asked suppliers to "hold all activities" on three… ➪ … [Read more...]

BEIJING, (Reuters) – Chinese regulators on Tuesday issued new guidelines for automakers' overseas operations, ​calling on companies to comply with laws governing ‌outbound investment and overseas business activities, while strengthening anti-monopoly, anti-corruption and social responsibility compliance. The guidelines follow a rapid global expansion ​by Chinese automakers, led by BYD… ➪ … [Read more...]

(Reuters) – Amazon's Zoox and Alphabet's Waymo on Tuesday separately announced expansions of their driverless ride-hailing operations into new ​U.S. cities, weeks after Zoox started paid services. Zoox ‌said it would begin testing in Houston and San Diego, bringing its presence to 12 U.S. locations. ​It will initially use retrofitted test ​vehicles for manual mapping and testing before… ➪ … [Read more...]

: PTI | Union Minister H D Kumaraswamy on Monday urged India's automobile industry to play its part in job creation saying the challenge of providing employment to even educated graduates is a "ground reality". Creating employment opportunities for the country's youth is critical to achieving the Viksit Bharat 2047 goal stated by Prime Minister Narendra Modi. "Let us work together for… ➪ … [Read more...]

SYDNEY, (Reuters) – An Australian judge said he may order Tesla to give an independent expert access to its internal engineering platforms as ​part of a class action against the Elon Musk-led carmaker, a move ‌designed to bypass a drawn-out discovery process that has dogged the case. The lawsuit, filed in February 2025, alleges Tesla's Model 3 and Model Y vehicles suffer from "phantom … [Read more...]

: PTI | Automotive dealers body FADA is confident of the sector clocking double-digit growth in the ongoing fiscal year, with good traction on the ground continuing since the GST rate cuts last year, its CEO Saharsh Damani said on Monday. In an interview with PTI, he observed that rural passenger vehicle demand will continue to outpace urban demand, and all automotive segments will… ➪ Continue … [Read more...]

TOKYO, (Reuters) – Japanese automakers Nissan and Honda said on Monday they would jointly develop standardised electronic ​control units (ECUs) for software-defined vehicles (SDVs), deepening their collaboration on ‌more advanced car technology. The companies plan to introduce an architecture incorporating the jointly developed ECUs and software in next-generation vehicles from ​the 2029… ➪ … [Read more...]