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OMODA launches C7 crossover in Russia
OMODA launches C7 crossover in Russia On May 27, OMODA launched a C7 crossover in Russia with a starting price of RUB 2,799,900. It is equipped with a 150-horsepower 1.6-liter turbocharged engine and a robotic seven-speed transmission. It is also available in an all-wheel drive version. It has a 15.6-inch touchscreen media system with instant response thanks to the Snapdragon 8155 processor and an 8.9-inch color screen of the onboard computer. ...
News Updated at: 2025/05/29
UMW drives Sime Darby’s profit growth amid Motors division slowdown
bust Perodua sales and steady Toyota performance in Malaysia. However, UMW’s PBIT for the quarter declined to MYR 194 million due to competitive pressures and provisions in the lubricants business. Sime continues to navigate a challenging industry landscape marked by economic uncertainty, intense price competition, and oversupply from China. In response, the group is prioritizing cost efficiency, streamlined inventory management, and agile oper...
News Updated at: 2025/05/29
Thai steelmakers to merge for stability in automotive/other manufacturing industries
iland-based Sahaviriya Steel Industries, both companies have played significant roles in the development of Thailand’s steel industry. According to the EAF Long Product Steel Producers Association, looming reciprocal tariffs risk triggering a global recession, reducing steel demand and increasing price volatility. In addition, the escalating U.S.-China trade war also threatens local manufacturers. (From SSI press release and an article of Bangk...
News Updated at: 2025/05/29
Alpine unveils all-new C segment electric sport fastback A390 in Europe
dal mode), and a patented Overtake function. The interior blends sportiness and luxury, with Devialet sound systems, 13 speakers, and dual digital displays. Standard features include Google Maps with EV route planning, Apple CarPlay, Android Auto, and semi-autonomous driving aids. At launch, A390 price in GT and GTS versions will range from EUR 65,000 to EUR 76,000, depending on the country. (Alpine on May 27, 2025)...
News Updated at: 2025/05/28
Zeno, India launches EMARA electric motorcycle
Zeno, India launches EMARA electric motorcycle On May 21, Zeno launched the EMARA electric motorcycle at an introductory price of INR 64,000. It has a range of over 100 kilometers. It has a 250 kg load-carrying capacity. It can attain a top speed of 90 kmph. It can generate 8kW of peak power. Based on Zeno social media update/ website update ...
News Updated at: 2025/05/27
VW Brazil launches all-new sub-compact SUV Tera
to” AI assistant, the first of its kind developed in Brazil. This compact SUV enters a new segment for the brand and is the fifth of 17 new models planned by 2028. The Tera will be exported to 20 countries in Latin America and Africa and will be available nationwide starting June 5, with a launch price from BRL 99,990 for the MPI MT version limited to a special batch of 999 units. (VW Brazil on May 26, 2025)...
News Updated at: 2025/05/27
Volvo Cars CEO says customers will pay for rising U.S. tariff costs
nding a straight 50% tariff on goods from the EU starting June 1. Samuelsson said that a 50% tariff would limit the ability of Volvo Cars to sell its Belgium-made EX30 electric vehicle in the U.S. "That would of course be almost impossible," he said. Originally planned with an affordable starting price of USD 35,000, hefty tariffs imposed on products made in China led Volvo to delay selling the car in the U.S. market until production started in...
News Updated at: 2025/05/24
Toyota warns U.S. tariffs will raise prices, threaten affordability in U.S.
Toyota warns U.S. tariffs will raise prices, threaten affordability in U.S. On May 19, Toyota Motor North America Executive Vice President and Chief Operating Officer Mark Templin voiced concerns about the negative effects of tariffs on the automotive sector while avoiding direct criticism of the Trump administration. “A 25% tariff is not sustainable long term without significant price increases,” Templin said at the company’s headquarter c...
News Updated at: 2025/05/23
Ford Mustang Mach-E production unaffected by Trump tariffs
Ford Mustang Mach-E production unaffected by Trump tariffs Production of the Ford Mustang Mach-E, though it is assembled in Cuautitlan, Mexico, has not yet been affected by the 25% tariffs imposed by U.S. President Trump as sales in the U.S. have not slowed and those in Europe have picked up. The 2025 Ford Mustang Mach-E has received price increases ranging from USD 1,500 for base Select Standard Range models to USD 2,500 for Select Extended Rang...
News Updated at: 2025/05/23
Honda debuts 2026 HR-V with new styling and tech upgrades in U.S.
Honda debuts 2026 HR-V with new styling and tech upgrades in U.S. On May 21, Honda announced that the 2026 Honda HR-V, with stylish design upgrades and enhanced standard tech features is now arriving at U.S. dealerships with a starting price of USD 26,200. Honda’s gateway SUV gains a larger touchscreen with wireless Apple CarPlay and Android Auto compatibility, and wireless phone charger. "As our gateway SUV, the Honda HR-V continues to bring i...
News Updated at: 2025/05/22
Subaru considering price increase in U.S.
Subaru considering price increase in U.S. It was reported by May 20 that a U.S. subsidiary of Subaru Corporation (Subaru) is considering a price increase. The amount and timing of the increase have not been announced. Since about half of its U.S. sales come from imported vehicles, the company’s concerns about the Trump administration’s new tariffs are growing. Subaru’s President Atsushi Osaki stated at its financial presentation held on May...
News Updated at: 2025/05/21
Toyota Industries to accept Toyota Group’s TOB
m Toyota Motor Corporation (Toyota) and Toyota Group companies. Toyota and others will carry out the TOB as early as this month using means including financing from megabanks. After an initial report about the possibility of turning Toyota Industries into a private company was made on April 25, the price of Toyota Industries’ shares has been rising, and the market capitalization of Toyota Industries reached JPY 5.8 trillion based on its closing...
News Updated at: 2025/05/21
Subaru of America prices to increase on most models in June
Subaru of America prices to increase on most models in June On May 19, Subaru of America confirmed it “has adjusted its pricing in response to current market conditions. The changes were made to offset increased costs while maintaining a solid value proposition for our customers. Subaru pricing is not based on the country of origin of its products.” The price increases hitting the vehicles on dealer lots starting in June will add between USD ...
News Updated at: 2025/05/21
BMW begins testing next-gen solid-state batteries in i7 prototype in Munich
Manufacturing Competence Center (CMCC) in Parsdorf under an R&D license from Solid Power. To stay ahead in battery innovation, BMW works with around 300 partners, including companies, start-ups, and universities. The Grande Panda Hybrid is now available in dealerships across Europe, with a starting price of under EUR 19,000. Based on BMW press release...
News Updated at: 2025/05/20
Stellantis launches all-new Fiat Grande Panda hybrid
, and wireless smartphone mirroring. Safety tech comes standard with ADAS functions such as cruise control, speed limiter, active safety brake, lane keeping assist, driver attention warning, and open-door alerts. The Grande Panda Hybrid is now available in dealerships across Europe, with a starting price of under EUR 19,000. Based on Stellantis press release...
News Updated at: 2025/05/20
Hyundai Motor India launches digital passport service for connected vehicles in India
form leverages data analytics from telematics systems and service records to generate a digital identity for each vehicle. It provides users with information related to periodic servicing, accident history, malfunction indicators, warranty status, and driving behaviour. Available at an introductory price of INR 399 per quarter, the digital passport offers a centralized overview of a vehicle’s performance and condition. It includes a seven-page ...
News Updated at: 2025/05/20
Nissan considering making painful decision to close Oppama and Shonan Plants for reform without sanctuaries
nd two plants in Kyushu, which produce profitable large-sized vehicles, the Oppama and Shonan Plants are older and their operational rates have been hovering at low levels. Anxiety has spread among local communities, with some saying the plans are too drastic and focus on immediate profit and stock price recovery, but Nissan will step forward to implement the reform without sanctuaries. The company had been considering, below the surface, shiftin...
News Updated at: 2025/05/20
Takaoka Toko and e-Mobility Power develop CHAdeMO-compatible quick charger
ing of electricity equivalent to around 400 km driving in 10 minutes. The new quick charger is the first 350 kW-class quick charger compatible with the Japanese CHAdeMO standard for quick chargers. e-Mobility Power aims to install it on expressways starting in the second half of 2025. The estimated price is around JPY 25 million. The quick charger developed by both companies supports an increase in the voltage of batteries in EVs, which is mainly...
News Updated at: 2025/05/20
Lucid expanding plant in Saudi Arabia for Mideast, European deliveries in 2027
Lucid expanding plant in Saudi Arabia for Mideast, European deliveries in 2027 On May 12, Lucid’s senior vice president, Adrian Price posted on social media scenes from the company’s first international manufacturing plant (AMP-2) in King Abdullah Economic City (KAEC), Jeddah, Saudi Arabia, which opened in 2024. The company is currently expanding the AMP-2 factory, which will be completed in 2026. Lucid's annual sales target is set at 150,000...
News Updated at: 2025/05/20
GM’s future in South Korea clouded by Trump’s tariffs
imports around half of the cars that it sells in the U.S. from its factories elsewhere. Kim Woong-heon, an official in GM Korea’s labor union, said that the union is concerned about the medium- and long-term, but believes that “The cars we’re manufacturing here are on the lowest end of GM’s price range so labor costs will make it impossible to immediately shift production to the U.S.” In recent weeks, executives from GM Korea have sou...
News Updated at: 2025/05/20