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VDA welcomes EU-Australia free trade agreement
luxury car tax is important because its 33% rate on cars priced above about EUR 45,500 disproportionately impacts high-end imports, especially from Germany. The planned increase in the threshold for electric cars to the equivalent of around EUR 72,300 is positive, but not yet far-reaching enough. A swift abolition of the luxury tax could help to lower consumer prices. VDA also welcomed cooperation in raw materials. Based on VDA press release...
News Updated at: 2026/03/24
Mitsubishi Electric issues statement on reported Foxconn investment in automotive business
, Mitsubishi Electric is evaluating the potential partial transfer of its stake in Mitsubishi Electric Mobility. This review is being conducted from the perspectives of maximizing the value attributable to Mitsubishi Electric, enhancing the medium-term value of its automotive business, and ensuring swift and reliable execution of any transaction. On the other hand, the company denied parts of the reports, stating that there are no confirmed facts...
News Updated at: 2026/03/19
FAW-VW releases official images of Sagitar S sedan
FAW-VW releases official images of Sagitar S sedan On January 10, FAW-VW announced the recent release of official images of the Sagitar S sedan, which is scheduled for debut at the end of the month. The S in the name stands for Safe, Smart, Swift, and Style. Inheriting a family exterior design, the Sagitar S measures 4,702mm long, 1,815mm wide, and 1,484mm high, with a wheelbase of 2,688mm. The Sagitar S is available with a powertrain comprising ...
News Updated at: 2026/01/13
Geely Auto unveils multimodal large model lightweighting system for auto cockpits
little system memory and few computing resources. - Quick response: The first character output latency has been reduced by 60% to 200ms, and the time for understanding, reasoning, and generation has been significantly shortened compared with conventional solutions. These allow for swift perception and response in high-urgency scenarios. - Human-like communication: The decoding rate is 2.9 times higher than the ...
News Updated at: 2025/12/31
Nine BASC member companies to collaborate in EV storage battery production to compete with China and South Korea
f production equipment and lines. This will allow them to create low-cost, high-efficiency EV battery production systems. The collaboration aims to significantly reduce the lead time from design to production in order to compete with Chinese and South Korean companies. The new company will be named Swift Fab Energy Systems and will be established as early as April 2026. It will design and develop the buildings, equipment, and systems that make up...
News Updated at: 2025/12/24
India proposes preferential trade agreement with Mexico
eral countries, including India. Analysts and business groups have linked the decision to Mexico’s broader trade strategy ahead of the upcoming review of the USMCA. Agrawal indicated that both governments share the objective of avoiding damage to Indian exports and had previously agreed to seek a swift trade arrangement to ease the effects of the tariff changes. (Multiple sources on December 16, 2025)...
News Updated at: 2025/12/20
aiMotive, Hungary, and Macnica, Japan, partner for AI-powered data virtualization
onal systems. It automatically produces 4D annotations and reconstructs detailed digital twin environments from raw sensor data. Using aiSim World Extractor, accurate environments can be generated at scale with neural reconstruction. Macnica’s integration of this system enables cost-effective and swift deployment for customers across Japan. Based on aiMotive press release ...
News Updated at: 2025/12/18
ACEA raises concern over key gaps in council approach to weights and dimensions
e most common vehicle configurations, including 4×2 tractor-semitrailers and even a modest increase in axle weight limits. Unnecessary complexity and cost, for example in relation to the On-Board Mass Monitoring (OBMM) and Smart Tachograph requirements, are counterproductive and must be avoided. A swift transposition timeline of not more than 18 months will also be key so that operators can benefit from the updated rules without delay. Based o...
News Updated at: 2025/12/08
Swift Bridge Technologies to launch Malaysia’s first locally-made certified EV chargers
Swift Bridge Technologies to launch Malaysia’s first locally-made certified EV chargers Announced on November 12, 2025, Swift Bridge Technologies (MFG) Sdn. Bhd. will produce EV chargers locally, backed by a MYR 11.2 million investment over three years to bolster Malaysia’s electric vehicle manufacturing sector. The initiative was officially launched at the Global Automotive & Technology Expo (GATE 2025) at KLCC, where Swift Bridge signed M...
News Updated at: 2025/11/14
Anfavea warns about potential vehicle production halt due to semiconductors shortage
r of Nexperia, a Chinese-owned semiconductor company, which led China to impose export restrictions on electronic components. Calvet emphasized that with 1.3 million jobs at stake, urgent action is needed to prevent a collapse in the automotive industry. He urged the federal government to implement swift measures to secure chip supplies, noting that the impact extends beyond the automotive sector to other industries dependent on semiconductors. (...
News Updated at: 2025/10/25
ACEA calls for swift ratification of EU-Mercosur Partnership Agreement
ACEA calls for swift ratification of EU-Mercosur Partnership Agreement On October 13, the European Automobile Manufacturers’ Association (ACEA), along with 25 other European business associations, jointly called for the swift ratification of the EU-Mercosur Partnership Agreement. Mercosur is the Southern Common Market, a South American trade bloc established in 1991. Its members are Argentina, Brazil, Paraguay and Uruguay. The EU-Mercosur agr...
News Updated at: 2025/10/13
Airtel Business and Swift Navigation to launch India’s first centimetre-level spatial precision solution
Airtel Business and Swift Navigation to launch India’s first centimetre-level spatial precision solution On September 30, 2025, Airtel Business partnered with US-based Swift Navigation to launch India’s first AI/ML-powered, cloud-based location service offering centimetre-level positioning accuracy, called Airtel-Skylark Precise Positioning Service. This solution is up to 100 times more accurate than standard GNSS and combines Swift’s Skyla...
News Updated at: 2025/09/30
Hyundai EV Metaplant halts battery site work as ICE removes 475 workers
States and the interests of our citizens must not be unduly violated during the course of U.S. law enforcement,” ministry spokesman Lee Jae-woong said. LG Energy Solution said that it was assessing the situation and working with the Korean government and other authorities to ensure the safety and swift release of its employees and partners. (Detroit News on September 4, 2025) (U.S. Attorney’s Office on September 5, 2025)...
News Updated at: 2025/09/06
ACEA call for swift ratification of EU-Mercosur and EU-Mexico free-trade agreements
ACEA call for swift ratification of EU-Mercosur and EU-Mexico free-trade agreements On September 3, the European Automobile Manufacturers’ Association (ACEA) stated that the EU-Mercosur and EU-Mexico Free-Trade Agreements offer sizeable benefits for European vehicle makers in an increasingly unpredictable global trade environment. Every year, over 30% of vehicles produced in the EU are exported to international markets, contributing to a EUR 10...
News Updated at: 2025/09/04
Thailand eyes stronger auto trade ties with Spain, OCA urges swift action
Thailand eyes stronger auto trade ties with Spain, OCA urges swift action Announced on September 2, 2025, Thailand’s Office of Commercial Affairs (OCA) noted strong potential for Thailand and Spain to become strategic partners in the global automotive value chain, leveraging their respective regional strengths. However, with rival exporters stepping up efforts in Spain through frequent visits and aggressive promotion, the OCA urged Thailand t...
News Updated at: 2025/09/03
Suzuki Fronx SUV to launch in Malaysia in Q4; eVitara EV slated for 2026
Suzuki Fronx SUV to launch in Malaysia in Q4; eVitara EV slated for 2026 Reported on August 22, 2025, Suzuki has confirmed that the Fronx SUV will launch in Malaysia in Q4 2025, as announced by Naza Eastern Motors during the Swift Sport Final Edition launch. In Malaysia, the Fronx is anticipated to be a CBU import, with the top variant equipped with ADAS and a price likely exceeding MYR 100,000. In Indonesia, where the model made its debut during...
News Updated at: 2025/08/27
Lear negotiates with Italian-Chinese investor for reindustrialization plan of Turin plant in Italy
volumes and currently employs 376 workers, 19 of whom have already been redeployed through outplacement programs. Unions FIM-CISL, FIOM-CGIL, and UILM welcomed this development but emphasized caution. They also called for the initiation of a voluntary exit procedure with substantial incentives, the swift identification of the investor, and further exploration examination of the conditions needed to extend social safety nets. They expect concrete ...
News Updated at: 2025/08/06
Swift Navigation, US raises investment to accelerate adoption of centimeter-accurate satellite positioning
Swift Navigation, US raises investment to accelerate adoption of centimeter-accurate satellite positioning On July 23, Swift Navigation announced the completion of its USD 50 million Series E financing round. Led by Crosslink Capital, the round saw strong participation from existing investors. This funding brings Swift Navigation’s total capital raised to over USD 250 million, fueling its mission to revolutionize how we map and navigate the wor...
News Updated at: 2025/07/30
ACEA urges swift action on EU Weights & Dimensions reform to enable zero-emission trucks
ACEA urges swift action on EU Weights & Dimensions reform to enable zero-emission trucks On June 5, the European Automobile Manufacturers’ Association (ACEA) expressed serious concern over the lack of progress in revising the EU's Weights & Dimensions Directive. The revision is key to helping zero-emission trucks and buses enter the market in large numbers. Updating rules on vehicle weight, axle weight, and length limits is vital so that electr...
News Updated at: 2025/06/06
Suzuki resolves component supply issue, to resume production of Swift in Sagara plant
Suzuki resolves component supply issue, to resume production of Swift in Sagara plant On June 6, Suzuki announced that it secured supply of components of Swift hatchback, whose production has been suspended due to supply issue at Sagara plant. The plant will resume production of Swift partially on June 13 and fully resume production from June 16. The supply shortage has not affected the production of Swift Sport manufactured at the same plant. Ba...
News Updated at: 2025/06/05



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