On July 30, President Trump announced that the United States will impose a 25% tariff on goods from India, "plus an unspecified penalty" for buying Russian oil and weapons.
In a post on his Truth Social platform, Trump said the measures would take effect from August 1, the U.S. deadline for a trade deals with all cou

On July 30, U.S. President Trump signed an order imposing a universal 50% tariff on copper imports that goes into effect on August 1. The administration frames it as a national security issue as copper is used in a range of defense systems, including aircraft, ground vehicles, ships, submarines, missiles, and ammunit

On July 30, LG Energy Solution signed a USD 4.3 billion deal to supply Tesla with energy storage system batteries, according to a person familiar with the matter, supplying lithium iron phosphate (LFP) batteries from its U.S. battery cell plant in Holland, Michigan.
LGES announced earlier that it had signed a USD 4.3

Recent sightings of prototypes of the affordable Model Y have been leaked and reported on by some media outlets.
Comments note that while a front bumper camera is retained, the continuous light strip across the front fascia has been removed, and the headlights have been repositioned higher, giving the vehicle a look

On July 29, Chevrolet took to social media to tease its upcoming revival of the Bolt EV.
In an Instagram post with images, the company wrote:
 
     “Chevy Bolt is back and better than ever. More this fall.”
Camouflaged images of test prototypes of the new Bolt have been seen within the last month, with the size simi

On July 29, Magna highlighted its innovative and comprehensive interior sensing systems, designed to protect occupants and enhance the driving experience. Over the last 18 months, Magna’s interior sensing systems have either been awarded contracts or begun production on five OEM programs across North America, Europe

On July 29,  Swisslog, a leading provider of best-in-class warehouse automation and software, announced that Sumitomo Drive Technologies USA will deploy an advanced AutoStore solution integrated with autonomous forklifts, orchestrated by Swisslog's SynQ software.
Sumitomo Drive Technologies, a brand of Sumitomo Machi

On July 28, Ford announced an additional USD 40 million investment in its Pacheco plant in Argentina, bringing the total to USD 700 million. The expansion will allow the production of more than 80,000 units of the Ranger per year, which marks a growth of 30% compared to 2024 and an all-time Ranger production record.

On July 30, Nemak, S.A.B. de C.V. announced that it has entered into a definitive agreement to acquire the automotive business of Swiss-based GF Casting Solutions. 
GF Casting Solutions automotive business will bring advanced expertise in the design and manufacturing of high-complexity structural components made from

On July 29, Eicher Trucks and Buses, a business unit of VE Commercial Vehicles (VECV), introduced the next-generation Eicher Pro Plus Series. This new range offers higher payload capacities aimed at increasing earnings per trip. It also includes extended cargo body options designed to reduce post-sale modifications.

On July 30, 2025, JSW Motors and KPIT Technologies announced a partnership aimed at leveraging KPIT’s software and systems development expertise. KPIT will support JSW Motors in advancing its innovation and global collaboration goals.
JSW Motors, the automotive division of the JSW Group, is committed to investing USD

On July 29, Tolins Tyres Limited, a wholly owned subsidiary of the company, incorporated a new entity named Terra Rubber Private Limited in Kerala, India. The subsidiary will engage in the collection, segregation, processing, recycling, and disposal of used, scrap, or waste tires, rubber products, and related materia

In its FY 2024-25 annual report, ZF Commercial Vehicle Control Systems India Limited announced that it updated its Electronics and Electro-mechanics Testing Lab by adding a hemianechoic chamber and a high-capacity compressor test facility. These were used for validating solutions in Automated, Connected, and Electric

On July 29, SJS Enterprise updated that it won export business in the U.S. market from Fiat Chrysler Automobiles. It also added Yazaki as a customer for its domestic automotive business. The company is undertaking capacity expansion projects at its Pune and Bangalore facilities. Additionally, SJS Enterprise has comme

On July 29, OYAK launched the Alpine A290 for Türkiye market, starting at TRY 1,965,000. It is now available in GT and GTS versions. It is built on the AmpR Small platform, offering two engine options: 180 hp in the GT and 220 hp in the GTS.
It accelerates from 0 to 100 km/h in 6.4 seconds, thanks to 220 hp, 300 Nm t

On July 29, the European Commission announced that it will support 915 former Goodyear workers in Germany who lost their jobs after the company closed its Fulda plant and partly shut down its Hanau site. The commission plans to release over EUR 3 million from the European Globalisation Adjustment Fund for Displaced W

On July 29, Mercedes Benz Group announced its financial results for Q2 2025 and H1 2025.
For Q2, the Mercedes Benz Group reported revenue of EUR 33.2 billion (down 9.8% YOY), EBIT of EUR 1.3 billion (down 68.5% YOY), and net profit of EUR 957 million (down 68.7% YOY). For H1, the Group posted revenue of EUR 66.4 bill

On July 30, Porsche updated its 2025 outlook after the EU and US reached an agreement on import tariffs. The new forecast includes 15% tariffs starting August 1, 2025, and earlier tariffs from June that were not included before. To reduce the impact, Porsche plans to adjust prices.
Despite this, Porsche still expects

On July 28, multiple sources reported that Wuhu Bethel Safety Systems Co. Ltd. (WBTL) will establish a plant in Morocco to produce automotive components related to safety systems. It will invest USD 75 million. It has established a local subsidiary, Wuhu Bethel Morocco Automotive Safety Systems, for the execution of

On July 29, the Prime Minister of Egypt announced that the government is fully prepared to provide "out-of-the-box incentives" to localize the electric car industry. He held a meeting to follow up on the executive procedures for localizing the electric car industry and reviewed efforts to localize the electric car in