Tata Motors PV, India to launch 2 new nameplates and 8 facelifts in FY 2027, Sierra supply ramp-up underway In an investor update, Tata Motors Passenger Vehicles announced that the demand and bookings for the Sierra remain very strong, but production has been constrained by a supplier ramp-up challenge on the casting side due to the Sierra's new engine. The company said its near-term target is to reach 10,000 Sierra units per month, with addition...

News  Updated at: 2026/05/28

write-downs have exceeded EUR 1.3 billion. The company has also set aside EUR 977 million for future risks and over EUR 1.1 billion for possible supplier disputes. These costs are linked to changes in its industrial plan, including canceled projects, reduced EV production, platform write-downs, and supply chain downsizing. In the first four months (Jan-Apr) of 2026, Stellantis produced 150,349 vehicles in Italy, including 79,063 cars and 71,286 c...

News  Updated at: 2026/05/21

n the EV front, Hero MotoCorp has scaled monthly capacity from 15,000 to 25,000 units and plans to double it again to approximately 50,000 units per month before the end of FY 2027, driven by strong momentum for its VIDA brand. It stated that EV scooter dealer inventory is currently at single-digit days nationally, underscoring the supply-demand gap that the expansions are designed to address. Alongside vehicle capacity, the company is investing ...

News  Updated at: 2026/05/11

works to create a design and manufacturing plan to support multiple affordable vehicles. The endeavor began three years ago as a secret skunkworks project, and has now grown into a 350-person team combining Ford employees with talent from startups and consumer electronics. Designers, engineers, and supply chain experts work together, operating with a “fail fast, learn faster” mindset, to move ideas from concept to testing in hours or days rat...

News  Updated at: 2026/05/08

ctrified vehicles Note: Some figures were updated on May 8. According to preliminary figures compiled by MarkLines as of May 2, U.S. new‐vehicle sales in April 2026 (including estimated figures for GM, Stellantis, Tesla, etc.) totaled 1,374,365 units, down 6.0% year on year. The number of selling days in April was the same as a year earlier, at 26 days. Seasonally Adjusted Annual Rate (SAAR) trend (million units/year) 2025Apr May Jun ...

News  Updated at: 2026/05/02

lt vehicles, announced that it has received written notice from the Nasdaq Stock Market LLC that it has regained compliance with Nasdaq Listing Rule 5550, closing the matter for now. The closing bid price of its common stock had been at USD 1.00 per share or greater for the ten consecutive business days from April 13 - 24, thereby closing the matter with the NASDAQ. Cenntro manufactures six lines of Class 1 through 4 commercial EVs designed to se...

News  Updated at: 2026/05/01

Stellantis Cassino plant, Italy extends two days shutdown amid production challenges On April 27, multiple sources reported that Stellantis Italy has kept its assembly department closed for about a month at its Cassino plant, showing ongoing production issues. The company has extended another product shutdown for April 27–28, 2026, and from April 30, layoffs will begin for supply chain workers, including those from Logitech, Teknoservice, and T...

News  Updated at: 2026/04/28

Stellantis Rennes plant, France halts Citroën C5 Aircross production over transmission shortage On April 22, multiple sources reported that Stellantis Rennes plant has temporarily stopped production of Citroën C5 Aircross. The shutdown will last three days, from April 22 to 24, 2026, due to a shortage of transmissions. The issue is caused by a limited transmission supply, which has disrupted vehicle assembly. Stellantis is prioritizing other pl...

News  Updated at: 2026/04/23

gainst 99,325 units. (The above numbers do not have figures from the Indian state of Telangana) For the PV segment, the rural PV growth once again outpaced urban at 26.5% versus 18.5%. The channel was in a markedly healthier position than the same month last year, with inventory at approximately 28 days compared to over 50 days a year ago, and aged stock well within manageable levels. The fuel mix continued to evolve: CNG share in PVs rose to 23....

News  Updated at: 2026/04/06

Japanese government holds first cross-ministerial task force meeting for stable supply of important goods Japan’s Minister of Economy, Trade, and Industry (METI) Ryosei Akazawa, who was appointed as the minister in charge of securing stable supply of essential goods, held the first cross-ministerial task force meeting on April 2 and received a briefing from relevant ministries concerned about the supply of fuels, naphtha, and other essential go...

News  Updated at: 2026/04/03

U.S. auto sales fall 12.3% in March amid elevated vehicle prices and weakening demand Note: Some figures were updated on April 16. The number of new vehicles sold in the U.S. in March 2026 (preliminary figures including estimates for GM/Stellantis/Tesla, etc.), aggregated by MarkLines as of April 2, totaled 1,397,835 units, down 12.3% year over year. March had 25 selling days, one fewer than a year earlier. Light vehicle seasonally adjusted annu...

News  Updated at: 2026/04/02

GM to increase heavy duty pickup production at Flint Assembly, Michigan On March 30, Detroit News and other sources reported that GM will increase production at its heavy-duty truck plant in Flint, Michigan to six days a week starting in June, citing strong demand for the large pickups despite the rise in gas and diesel prices. “General Motors is making strategic adjustments to Flint Assembly’s production schedule to align with strong custome...

News  Updated at: 2026/03/31

Auto Systems Private Limited (SASPL), its material subsidiary contributing 96% of consolidated revenue (INR 6.63 billion in FY 2024–25), to Pune-based RSB Transmissions in a two-phase transaction. In Phase 1, approximately 41% will be sold for around INR 1.85 billion, expected to close within 120 days. In Phase 2, the remaining 24% will be sold for up to INR 2.55 billion, expected by FY 2027–28. Separately, Setco and its promoters will receiv...

News  Updated at: 2026/03/30

Japanese government to start releasing 8.5 million kiloliters of national oil reserves from March 26 The Japanese government has decided to gradually release 30 days’ worth of its national oil reserves from March 26 due to the worsening situation in the Middle East. The release of approximately 5 days' worth of joint reserves from oil-producing countries will also begin later in the month. On March 28, the first oil tanker that has departed aft...

News  Updated at: 2026/03/25

Tesla announces coming launch of Terafab project On March 14, Tesla CEO Elon Musk announced on X that the company will launch its Terafab Project in 7 days. During Tesla's Q4 2025 earnings call on January 28, Musk said that Tesla's existing chip suppliers Taiwan Semiconductor (TSMC), Samsung Electronics and Micron Technology (MU) would not be able to supply sufficient chips for the company's EVs, robot and AI needs. "To remove the probable constr...

News  Updated at: 2026/03/17

Japan’s Fair Trade Commission to revise “Guidelines Concerning Abuse of Superior Bargaining Position” Japan’s Fair Trade Commission (FTC) will tighten regulations against the abuse of superior bargaining positions to establish fair trading for entire supply chains. The commission will clarify examples that are violations of antitrust laws, and specify that payment for contracted work shall be made within 60 days after receipt of products,...

News  Updated at: 2026/03/11

U.S. auto sales fall 2.6% in February; Iran and U.S.-Israel conflict becomes new concerns Note: Some figures were updated on March 25. The number of new vehicles sold in the U.S. in February 2026 (preliminary figures including estimates for GM/Stellantis/Tesla, etc.), aggregated by MarkLines as of March 4, was 1,190,508 units, down 2.6% from the same month last year. February had 24 selling days, the same as a year earlier. Light vehicle seasonal...

News  Updated at: 2026/03/04

iations concern both the potential reduction of personnel, temporary layoffs, and changing working arrangements. At the end of December 2025, Terrafame had 887 employees. It estimates that up to 120 person-years may need to be reduced. The negotiations may also include temporary layoffs of up to 90 days, changes to job roles and working hours, and possible local labour agreements. The target is to achieve annual savings of EUR 10 million. The cha...

News  Updated at: 2026/02/27

e driving range of the RAV4 (PHEV) has increased from approximately 95 km in conventional models to approximately 150 km on a full charge thanks to the increased battery capacity and the adoption of silicon carbide (SiC) semiconductors in the power control unit (PCU) to reduce power loss. The power supply system can be used as a power source, making it possible to utilize the electricity stored in the large-capacity battery for purposes beyond dr...

News  Updated at: 2026/02/19

launches remained steady in 2026, and the opposition to price wars effectively curbed disorderly price cuts, with NEV promotions maintained at 10.1% in January. The historical pattern of ICE vehicles performing better than NEVs before the Chinese New Year continued once again. There are 16 working days in February 2026, 3 days fewer than in February 2025. Consequently, with very limited effective production and sales time, February sales are exp...

News  Updated at: 2026/02/13