News

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. …

New car sales in Europe rose 5.9% in July, the best month for more than a year in a boost for the struggling industry as consumer confidence weakens, European Automobile Manufacturers Association data showed on Thursday. …

According to the European industry association ACEA, 1,011,903 new battery electric cars were registered in the first seven months of 2025, representing a 15.6 per cent share of the EU market. …

European Union targets to cut CO2 emissions from vehicles, including a 100% reduction for cars by 2035, are no longer feasible, the heads of the European automobile manufacturers' and automotive suppliers' associations said on Wednesday. …

The SAIC brand MG Motor apparently wants to launch a total of 13 electrified vehicles worldwide in the next two years, including BEVs, EREVs and PHEVs. …

BYD has reached a new milestone in its Southeast Asian operations by starting exports of electric cars from Thailand to Europe. The first model shipped is the Dolphin, positioned as a rival to the VW ID.3. …

German Stellantis brand Opel has revised its drivetrain strategy and pushed back the ambitious goal of selling only battery-electric cars in Europe from 2028. …

HANSALPUR, India, Aug 26 (Reuters) - Japan's Suzuki Motor (7269.T), opens new tab will invest 700 billion rupees ($8 billion) in India over the next five to six years, its chairman said on Tuesday, as production of the autom …

The US and the European Union (EU) have revealed the details of the trade framework agreed to last month, while other regions file disputes against US tariffs. …

China’s Ministry of Industry and Information Technology (MIIT) has revealed that between 2016 and 2020, it paid the equivalent of around 198 million euros in subsidies to companies in the New Energy Vehicle (NEV) sector. …

The U.S. and European Union took the next steps to formalize their trade pact, detailing plans that could reduce tariffs on European automobiles within weeks while opening the door to new potential discounts for steel and aluminum. …

Kia has started series production of the EV4 hatchback at its European facility in Zilina, Slovakia. …

The U.S. …

India's Epsilon Advanced Materials is moving swiftly to close deals to supply critical components to Japanese and South Korean battery makers in the U.S., a top executive said, after Washington imposed anti-dumping duties on Chinese impo …

The EU introduced high special tariffs on electric cars from China last autumn. A Dataforce analysis shows that Chinese carmakers BYD and MG have since shifted focus to importing more plug-in hybrids into the EU. …

Germany said on Monday that the United States would have to follow through on agreed lower tariffs on Europe-made cars before a wider agreement on trade can be finalised in writing. …

The often-cited “CO2 backpack” of a new electric car compared to that of an ICE is mainly caused by the battery. But how much CO2 is actually generated during battery production? …

Alongside Norway, where 97.2 per cent of all new passenger car registrations in July were electric, Denmark, Finland, and Sweden also recorded growth in new EV sales. Yet there is a marked difference – demand for Teslas. …

Global electric vehicle sales grew 21% year-on-year in July, the slowest rate since January and down from 25% in June, as momentum in plug-in hybrid sales in China slackened, market research firm Rho Motion said on Wednesday. …

Europe's car exporters are still struggling with uncertainty over U.S. tariffs despite last month's trade deal, Wallenius Wilhelmsen, the operator of one of the world's largest car-carrier fleets, told Reuters on Tuesday. …

The CEO of Mercedes-Benz criticised the European Union's plan to ban CO2-emitting vehicles from 2035 in a media interview on Monday, joining a chorus of voices calling the target into question as it comes up for review this year. …

China's car sales growth slowed in July partly due to weaker demand for hybrids, as regulators in the world's biggest auto market crack down on a price war that has bruised the industry. …

Mike Hawes, SMMT Chief Executive: The latest SMMT data out this week tells a story of two halves. …

Automotive manufacturers and logistics providers face a shifting geopolitical and regulatory landscape as the US recalibrates trade relations with key vehicle- and parts-exporting nations. …

Germany’s VDA auto association said the promised trade agreement between the European Union and the U.S. needed to be implemented now so the industry could receive some relief. …

Japan pressed the United States to swiftly implement an agreed cut to auto tariffs and sought clarification on levies for other goods, as conflicting interpretations of the bilateral trade deal further pressured Prime Minister Shigeru Is …

General Motors and Hyundai Motor plan to develop five vehicles together including an electric van as they seek to lower costs amid growing competition from nimble Chinese rivals. …

The new car market stalled in July with registrations falling -5.0% to 140,154 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). …

Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a stronger yen weigh on profits despite solid demand for hybrids in their biggest overseas markets. …

Nissan Motor has begun negotiations with the union representing staff at its European regional office about changes that will include job losses, according to a company document and internal emails. …

British automaker JLR, the holding company for the Jaguar and Land Rover brands, named PB Balaji as CEO to replace the retiring Adrian Mardell.Balaji is currently CFO for Tata, the Indian parent company of JLR. …

Volvo has been producing the European version of the EX30 in Ghent since April. This is not only intended to circumvent customs duties on Chinese electric cars, but also to halve delivery times. …

British government agency UK Export Finance has approved a £1 billion export development guarantee to Ford UK, supporting the manufacturer’s shift toward EV production. …

German automakers had hoped that months of lobbying pressure would give them extra carveouts in the EU-U.S. trade deal, but they're now reversing course as the dust settles on the agreement. …

Incoming Renault CEO Francois Provost will take the helm of the automaker at a time when it is beginning to show cracks in its recent success, revising down its full-year profit forecast earlier this month due to weaker sales volumes. …

Chinese automakers surpassed a 10 per cent share of Europe’s electric vehicle market in June, marking a full comeback from tariffs set in place in 2024 by the European Union. …

Renault’s first-half earnings declined as the automaker appointed company veteran Francois Provost as its chief executive officer following the surprise departure of predecessor Luca de Meo. …

JLR is changing CEOs at a perilous time.JLR confirmed July 31 that Adrian Mardell is retiring after 35 years at the automaker, the last three as CEO.Mardell will end his career at JLR on December 31. …

Mercedes-Benz lowered its guidance for the year, citing pressure from President Donald Trump’s tariffs and tough competition in China, where local brands are dominating on electric vehicles. …

According to Japanese news outlet Nikkei, Toyota plans to manufacture around 100,000 units annually at its Czech subsidiary, Toyota Motor Manufacturing Czech Republic (TMMCZ). …

German automakers and Sweden’s Volvo Cars welcomed a trade deal between the U.S. and European Union that reduces tariffs on cars they export to the United States to 15 percent from the current 27.5 percent. …

The International Council on Clean Transportation (ICCT) has published detailed data on carmakers’ CO2 emissions for the first half of 2025: the average stands at 101 grams of carbon dioxide per kilometre (g CO2/km). …

The U.S. …

In June, every fourth new car in the UK was electric. Moreover, the country reintroduced EV subsidies, which should help with EV uptake there even more. That is why GAC and Jameel Motors consider the time right to hit the road there. …

Chinese electric vehicle giant BYD plans to roll out its first car assembled in Pakistan by July or August 2026 to capture growing demand for electric and plug-in hybrid vehicles in the region, a company executive said on Wednesday. …

Europe’s ambitious green energy transition relies heavily on Rare Earth Elements (REEs), critical components in permanent magnets for electric vehicles, wind turbines, and other clean technologies. …

The US has struck a trade deal with Japan, reducing the threatened tariff rate of 25% on goods imported to the US to 15%, providing Japan invests $550 billion in the US. …

U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods in exchange for a $550 billion package of U.S.-bound investment and loans. …

UK new vehicle manufacturing declined by -11.9% to 417,232 units in the first six months of the year, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). …

Shares in major European carmakers rose on Wednesday, tracking a steep rally in some of their Asian rivals, after Tokyo struck a trade deal with the United States, fuelling optimism for a similar agreement with Europe. …