On July 27, the president of the European Union announced that the EU has reached a deal on tariffs and trade with the US. They have stabilised on a single 15% tariff rate for most EU exports. This rate applies to most sectors, including cars, semiconductors, and pharmaceutical industries.
They also agreed on zero-fo

On July 23, Shaanxi Heavy Duty Automobile Co., Ltd. (Shacman) deepened strategic cooperation with TELD New Energy Co., Ltd. (TELD) to co-build an efficient charging system for New Energy heavy-duty trucks (HDTs) with product innovation and technology breakthroughs at the core.
For resource integration and network dis

On July 23, China’s State Council Information Office (SCIO) announced that the director of the Traffic Administration Bureau of the Ministry of Public Security (MPS) answered questions from reporters on how to regulate and manage the intelligent driving systems for New Energy Vehicles on sale.
Regarding such an issue

On July 23, OnTime, a GAC Group mobility platform, held a launch event for its Robotaxi+ strategy, where the Xinghuo and Xinghe expansion plans were released.
-          The Xinghuo plan was developed to expand OnTime’s Robotaxi operating area and fleet scale and form a Robotaxi fleet of over 10,000 units.
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On July 23, at the MFA (China’s Ministry of Foreign Affairs) Regular Press Conference, an MFA spokesperson responded to issues on the trade deal between the U.S. and Japan.
According to Reuters, U.S. President Donald Trump has struck a trade deal with Japan, which lowers tariffs on automobile imports from Japan and s

On July 23, Zeron, an emerging Chinese manufacturer of commercial vehicles, announced the recent completion of a Series A financing worth CNY 500 million. The investment in the financing was led by Momenta, a dominant autonomous driving company, and Xinghang Venture Capital, with participation of multiple other compa

On July 23, Changan Auto signed a strategic cooperation agreement with Haier Group.
The two companies will cooperate on the human-car-home ecosystem, including creating an interconnection system for human-car-home scenarios, developing automotive electrical appliances, and building an all-scenario cold chain ecosyste

Hankook Tire & Technology Co., Ltd. (Hankook Tire) announced that it will supply the Ventus S1 evo3 ev as original equipment (OE) tires for the Porsche Macan electric vehicle (EV). This tire is designed exclusively for high-performance electric vehicles (EVs). It provides robust driving stability, excellent electrica

Announced on July 24, 2025, Betamek Berhad, Malaysia, reported a strong Q1 FY2026 (April–June 2025) profit after tax of MYR 5.4 million, up from MYR 4.9 million in Q1 FY2025. Revenue rose 13.8% YoY to MYR 56.9 million, driven by higher sales of vehicle accessories and early contributions from non-automotive products.

A high-level meeting for July 25 was called off due to an unspecified urgent scheduling event for U.S. Treasury Secretary Scott Bessent. The meeting was set to bring together Bessent, U.S. Trade Representative (USTR) Jamieson Greer and South Korean counterparts, Finance Minister Koo Yun-cheol and Trade Minister Yeo H

On July 24, U.S. Commerce Secretary Harold Lutnick further described the USD 550 billion investment deal done with Japan to bring down their tariffs to 15% in a video posted on X. While initial announcements on July 22 were scant on facts, Lutnick has since gone on to describe the arrangement.
Lutnick emphasized the

On July 25, Volkswagen AG CEO Oliver Blume said he expected EU and U.S. negotiators to eventually agree on duties of around 15%, from the 27.5% the car industry faces currently. However, Volkswagen is also pursuing a separate offset deal with the Trump administration in return for raising its investment in the U.S.
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On July 25, U.S. President Trump told reporters outside the White House that his country may not reach a new trade deal with Canada and could simply impose more or higher tariffs on its northern neighbor, saying "We haven't really had a lot of luck with Canada". 
"I think Canada could be one where there's just a tari

On July 24, J.D. Power released its 2025 U.S. Automotive Performance, Execution and Layout (APEAL) Study, reporting that overall satisfaction is 851 (on a 1,000-point scale), an increase of 4 index points from a year ago and the highest level since the study was last redesigned in 2020. The gains were led by a 13-poi

GM’s Cruise unit announced it was cutting 101 jobs across three locations in the San Francisco Bay Area, according to state filings with the Employment Development Department posted July 3.
This latest round of layoffs will see Cruise cut 85 jobs at the company’s Bryant Street location in San Francisco. The company i

On July 22, tickets were announced for the 2025 Los Angeles Auto Show, returning to the Los Angeles Convention Center from November 21 to 30, 2025. This year's show introduces new attractions, immersive exhibits, and breakthrough technology showcases.
The latest EV, gas and hybrid vehicles will be available for test

On July 23, Volkswagen announced that it has begun exports of the Tera SUVW from the plant in Taubaté, Brazil where it is produced.
The Tera will begin shipments to Argentina, Aruba, Chile, Colombia, Costa Rica, Curacao, El Salvador, Guatemala, Honduras, Mexico, Paraguay and Uruguay. Tera exports are also already sch

On July 24, Stellantis announced its partnership with 4screen, German based smart driver interaction platform, to offer real-time, location-based digital services in its vehicles. This will enhance the in-car experience for customers across Europe and North America.
The 4screen platform will first be available in sel

On July 25, VW Group announced its financial results for Q2 2025 and H1 2025.
In Q2 2025, sales revenue decreased 3.0% to EUR 80.8 billion, and the operating profit was down 29.4% to EUR 3.8 billion. The Group’s earnings after tax decreased 36.3% to EUR 2.3 billion.
Sales Volume in Q2 was down 1.2% year-on-year at 2.

On July 24, Mercedes Benz announced the key progress in the development of its all-electric VLE van, with prototypes passing major testing milestones across three areas of efficiency.
First, the VLE demonstrated excellent aerodynamics during wind tunnel tests in Stuttgart. The vehicle’s sleek design with a stretched