On August 4, U.S. President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the U.S. over that country’s purchases of Russian oil.
“India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits

On August 4, Taiwan's Foxconn announced it had struck a deal to sell the former GM production plant in Lordstown, Ohio, for USD 375 million, including its machinery, but said it would continue to use the site to make a broader range of products aligned with its strategic priorities.
Foxconn will sell the site’s land

On July 30, Ford reported that its Q2 2025 revenue increased 5.0% YoY to a record USD 50.2 billion, though its net profit declined 64.6% to USD (36) million from a profit of USD 1.8 billion in Q2 2024. Operating income was USD 319 million compared to USD 1.2 billion in Q1 2024. Adjusted EBIT of USD 2.1 billion was do

On July 31, Ford Motor recalled 312,120 vehicles in the U.S. over possible loss of brake assist function. The U.S. National highway Traffic Safety Administration (NHTSA) noted the affected vehicles include 2025 Lincoln Navigator, F-150, Expedition, Bronco, and Ranger vehicles. 
Ford says that the Electronic Brake Boo

On July 31, Nissan announced it is partnering with Electrum to launch the NISSAN ENERGY Marketplace, a one-stop-shop that helps consumers research, purchase and install home energy solutions such as EV chargers, solar panels and battery storage.
This partnership supports Nissan's broader commitment to EV adoption and

On August 4,  Alcoa of Australia Limited, a wholly-owned subsidiary of U.S.-based Alcoa Corporation, announced a Joint Development Agreement (JDA) with Japan Australia Gallium Associates Pty Ltd, a joint venture between Sojitz Corporation (and Japan Organization for Metals and Energy Security (JOGMEC), to explore the

On August 4, GreenPower Motor Company Inc. announced it has signed a contract with the state of New Mexico to implement an all-electric school bus pilot project. The contract is the result of an award made by the state under an RFP published in May.
The two-year pilot project will deploy three GreenPower Type A all-e

On July 29, Allison Transmission announced the Allison 4000 Series fully automatic transmission is now available with the new CARB low NOx compliant PACCAR MX-13 engine for Kenworth T880 and Peterbilt Model 567 truck models. The Allison 4000 Series is the only fully automatic transmission available with the MX-13 eng

On August 1, NextGen Auto, a joint venture between Nishat and Chery, launched two all-electric SUVs in the Pakistani market: the Jaecco J6 and the Omoda E5. The Jaecco J6 is priced between PKR 8.79 million and 10.79 million and features an electric motor producing 204 HP and 370 Nm of torque. It accelerates from 0-10

On July 31, 2025, Maruti Suzuki India Limited (MSIL) announced that its board approved amendments to the object clause of its memorandum of association (MoA). The amendments include the removal of the clause related to the acquisition of Maruti Ltd.’s undertakings from the Government of India, as this transaction is

On March 28, Shakti Pumps (India) Limited announced an investment of INR 50 million in its wholly owned subsidiary, Shakti EV Mobility Private Limited (formerly Shakti Green Industries Private Limited). The investment was made by subscribing to 5 million equity shares, bringing the consolidated investment in the subs

On August 4, VinFast inaugurated its electric vehicle (EV) assembly plant at the SIPCOT Industrial Park in Thoothukudi, Tamil Nadu, India. This marks the company’s first manufacturing facility outside Vietnam and its third operational plant globally.
The 400-acre plant features advanced, automated production lines an

On August 1, 2025, Mahindra & Mahindra Limited (M&M) completed the acquisition of a 58.96% stake in SML Isuzu Limited (SML) by purchasing 43.96% from Sumitomo Corporation and 15% from Isuzu Motors Limited for a total cash consideration of INR 5.55 billion. With this transaction, M&M has become the promoter of SML and

On July 31, multiple sources reported that Mohamed Yousuf Naghi Motors (MYNM) and Al Fanar announced a partnership for charging solutions. Every customer purchasing an electric or plug-in hybrid Jaguar or Land Rover vehicle from MYNM will receive a professionally installed 22kW alfaCharge home charger from Alfanar. 

On July 31, the Department of Trade, Industry and Competition (the dtic) announced a set of measures in response to the imminent 30% tariff hike on South African exports to the United States. These urgent interventions are part of the dtic’s ongoing commitment to protecting jobs, preserving market access in the Unite

On July 25, CARIAD developed a smart EV routing system that removes range anxiety by automatically adding charging stops and adjusting routes on the go.
The cloud-based software uses data from the vehicle and online sources. It considers past energy use, current driving style, road conditions, and weather. It also us

On August 4, Mercedes Benz announced that it will showcase its new design language, Sensual Purity, for the first model to feature this in the all-new electric GLC with EQ Technology, debuting on September 7, 2025, at the IAA Mobility show in Munich.
The standout feature is the new iconic grille. The grille introduce

On August 4, BMW announced that its new iX3 reflects a full commitment to sustainability throughout a vehicle’s life cycle—starting from supply chain and production, to everyday use. It plays a key role in helping BMW meet its 2030 and 2050 carbon dioxide reduction goals.
BMW iX3 becomes more climate-friendly than a

On August 1, multiple sources reported that the production of the Maserati GranTurismo and GranCabrio ended at the Stellantis Mirafiori plant. The final cars were celebrated with a traditional farewell photo. With Maserati moving back to its Modena site, around 250 employees left the plant between June and July 2025

On July 30, SiMa.ai announced the next phase of its strategic collaboration with Synopsys to accelerate AI innovation for the automotive industry. This collaboration will combine SiMa.ai’s ML processing with Synopsys’ automotive IP and design tools to develop advanced chiplet architectures and reference SoC designs o