JSW MG Motor, India launches MG M9 electric MPV at INR 6.99 million On July 21, JSW MG Motor India launched the MG M9 – The Presidential Limousine via MG Select at an introductory ex-showroom price of INR 6.99 million. The vehicle is powered by a 90-kWh NMC battery offering a range of 548 km and delivers 245 PS of power and 350 Nm of torque. It supports fast charging from 30% to 80% in 30 minutes and comes equipped with an 11-kW wall box charge...

News  Updated at: 2025/07/21

BYD Sealion 6 DM-I PHEV launched in Singapore Announced on July 16, 2025, BYD has unveiled the Sealion 6 DM-i, its first plug-in hybrid SUV in Singapore, with a special launch price of SGD 212,888. Designed to balance performance, efficiency, and comfort, the Sealion 6 DM-i delivers a premium driving experience. Its sleek design is highlighted by signature double U-shaped headlights and sharp, sculpted lines that command attention on the road. At...

News  Updated at: 2025/07/17

Thailand’s auto industry confronts U.S. tariffs and steel price surge Reported on July 12, 2025, Thai auto parts manufacturers are bracing for the impact of steep U.S. tariffs and volatile global steel prices, which are two developments threatening to disrupt the automotive supply chain. The Federation of Thai Industries (FTI)’s Auto Parts Industry Club recently convened to address these growing concerns. In April, the U.S. imposed a 25% tari...

News  Updated at: 2025/07/16

ducts and restructure its global operations. Production at the subsidiary was discontinued in January 2024. It will sell off all shares of its wholly-owned Bridgestone (Shenyang) Tire Co., Ltd. in Shenyang, Liaoning Province to Sailun (Shenyang) Tire Co., Ltd. through its local subsidiary. The sale price is CNY 265 million (JPY 5.4 billion). The two parties entered into an agreement on the same day, with transfer of the shares scheduled for July ...

News  Updated at: 2025/07/16

Indonesian minister calls on Toyota, Suzuki, Daihatsu to keep vehicle prices stable Announced on July 13, 2025, Indonesia’s Minister of Industry met with 3 major Japanese automotive manufacturers, Toyota, Suzuki, and Daihatsu, in Japan, urging them not to increase vehicle prices in the Indonesian market. During his visit to the World Expo 2025 in Osaka, the minister emphasized the strong potential of Indonesia’s automotive sector, warning tha...

News  Updated at: 2025/07/15

ic transmission (AT) is optimized, and the 6-speed AT models are also equipped with the Sequential Shift Function that allows the driver to select any gear. The company also unveiled a plan to add AT options to four-wheel-drive models and 120 kilowatts (163hp) high-performance models this fall. The price for a standard cab width, standard body length, 110-kilowatt (150 horsepower) two-wheel drive (2WD) vehicle in Tokyo is JPY 6,399,800, including...

News  Updated at: 2025/07/15

l start offering a paid service to optimize electric vehicle (EV) drive batteries by the end of this year. The service is designed to maintain the performance of lithium iron phosphate (LFP) batteries on BYD vehicle models by completely discharging and recharging them at its affiliated dealers. The price for the service is assumed to be around several thousand yen. Compared to the ternary lithium-ion batteries used in Japanese manufacturers’ EV...

News  Updated at: 2025/07/15

shutdowns, it framed them as routine, saying they are part of “a standard operating process” to optimize production. While summer shutdowns are standard in the industry, analysts noted that the second half of 2025 may not sustain the strong sales momentum seen earlier in the year, with upcoming price hikes due to tariffs expected to dampen demand. (Mexico Now on July 14, 2025)...

News  Updated at: 2025/07/15

has allowed it to quickly adapt and ramp up alternate sourcing. The rare earth-free motors, which have reached production readiness, are expected to enter vehicles starting next quarter. According to the company, these motors match existing performance levels and offer cost benefits due to the high price of rare earth materials. The company is also developing its in-house anti-lock braking system (ABS), which is expected to be ready by the regula...

News  Updated at: 2025/07/14

NIO starts accepting pre-orders for Onvo L90 electric SUV On July 10, Onvo, a NIO sub-brand, started accepting pre-orders for the L90 large battery electric SUV, with a starting price of CNY 279,900. The model will be launched at the end of July and be available for deliveries on August 1. Positioned as a flagship intelligent SUV with a large interior space, the L90 is designed with a wrap-around cockpit. It measures 5,145mm long, 1,998mm wide, a...

News  Updated at: 2025/07/14

Tesla slashes tariff prices, imports Model Y from Germany to Canada As of July 11, Tesla has slashed prices on the Model Y in Canada as sales in the country have virtually gone to zero over the last few months.  As part of its counter-tariff strategy, Canada imposed a 25% “counter-measure surtax” on all passenger cars and light trucks from the U.S. since April 9. This move, on top of brand damage caused by Elon Musk, has severely curtailed T...

News  Updated at: 2025/07/12

d AMG performance vehicles. Sales in this segment rose by 20%, supported by demand for models such as the S-Class, Mercedes-Maybach Night Series, G 580 with EQ Technology, EQS SUV, and AMG G 63. This performance was achieved despite microeconomic challenges, including foreign exchange fluctuations, price adjustments, and competitive pricing pressures in the luxury entry segment. The Core segment, consisting of the C-Class, E-Class long-wheelbase ...

News  Updated at: 2025/07/11

onnes). For articulated trucks, incentives will apply only to the puller tractor of the N3 category. The scheme mandates a five-year or 5 lakh km warranty for batteries, and a five-year or 2.5 lakh km warranty for the vehicle and motor. Incentives will be offered as an upfront reduction in purchase price and reimbursed to OEMs via the PM E-DRIVE portal on a first-come, first-served basis. The maximum incentive is capped at INR 960 thousand per ve...

News  Updated at: 2025/07/11

r Bose audio in higher trims. Regarding safety, ADAS suite includes comprehensive driver assistance systems. In Spain, CX-5 is available in four trims. The new model will arrive in European markets starting December 2025, and in other markets during 2026. Orders are now open in Spain at a starting price of EUR 35,200. (Mazda España on July 10, 2025) (Mazda Release)...

News  Updated at: 2025/07/11

red at the program's start, subject to review every two years. For electric cars, the program requires production of at least 1,000 cars, increasing to 7,000 by the end of the program, with a local industrial component ratio of no less than 10% at the start, reviewed annually. Eligible cars must be priced under EGP 1,250,000, with engine capacity not exceeding 1600 cc. Total incentives are capped at 30% of the car’s price (max EGP 150,000). A m...

News  Updated at: 2025/07/08

VOYAH to start production of PASSION EVR hybrid sedan in Russia by Q3 2025 On July 7, VOYAH presented its new executive hybrid sedan, the VOYAH PASSION EVR, at the 15th International Industrial Exhibition INNOPROM 2025. The company has also opened pre-orders for the model in Russia, with a starting price of RUB 5,590,000. The vehicle will be produced at Russia’s first electric and hybrid vehicle plant in the Lipetsk region, with production sche...

News  Updated at: 2025/07/08

Qt, Finland to acquire I.A.R. Systems Group, Sweden On July 4, Qt Group Plc's wholly owned subsidiary, The Qt Company Ltd, announced a recommended public cash offer to the shareholders of class B shares in I.A.R. Systems Group AB. The offer price is SEK 180 for each IAR Share, valuing IAR at approximately SEK 2,293 million or approximately EUR 204 million, based on outstanding Shares. Qt will fund the Offer with a combination of cash and debt. Es...

News  Updated at: 2025/07/07

th hybrids representing half of that share.  Starting in October, Toyota will launch the new Hilux pickup, followed by the bZ4X electric SUV, which will be imported from Japan and subject to a 20% import tariff. The company added that it is negotiating with its parent firm to set a more accessible price for Thai consumers. Toyota had previously introduced the bZ4X in limited fashion, focusing on business partners and dealers to showcase the tech...

News  Updated at: 2025/07/07

Mahindra India launches XUV 3XO SUV in Australia On July 3, Mahindra Automotive Australia launched the XUV 3XO SUV in two variants—the AX5L and AX7L at an introductory drive-away price of AUD 23,490. The SUV is equipped with a TCMPFi turbo-gasoline engine that delivers 82 kW of power and 200 Nm of torque. It is paired with a 6-speed Aisin torque converter automatic transmission. The engine features updated vehicle management software and intell...

News  Updated at: 2025/07/04

Innoviz, Israel regains compliance with Nasdaq's minimum bid price requirement On July 3, Innoviz Technologies Ltd. received formal written confirmation from The Nasdaq Stock Market, LLC, confirming that it has regained compliance with Nasdaq's minimum bid price requirement. The regaining of compliance is a result of the closing bid price of the ordinary shares being at least USD 1.00 for at least 10 consecutive business days before the September...

News  Updated at: 2025/07/04