Exports
The Indian passenger vehicle industry has achieved a significant milestone, with a near 20% jump in exports in the first half of the fiscal year 2025-2026. According to reports, the industry has shipped over 4.5 lakh units, with major players like Maruti Suzuki, Hyundai, Nissan, and Volkswagen contributing to
Exports
Dalian's foreign trade witnessed substantial growth in the first three quarters of the year, with total imports and exports reaching 349.14 billion yuan, a year-on-year increase of 3.9%. Exports totaled 185.58 billion yuan, a 16.4% increase, while imports totaled 163.56 billion yuan, a
Exports
The United Arab Emirates (UAE) has established itself as a prominent hub for pre-owned vehicle exports, with a significant rise in demand from international buyers in key regions such as Africa, Europe, Asia, and the Middle East. Between January and September 2025, export enquiries and international leads on OneClickDrive'
Exports
South Korea's automotive export witnessed its fourth consecutive month of growth, fueled by robust demand from Europe and Asia, according to data released by the Ministry of Trade, Industry and Energy. The solid demand for eco-friendly vehicles and increased exports to the European Union and Asia offset the
Automobile industry
Australians purchased 72,758 electric vehicles in the first half of 2025, a 24.4 percent increase from the same period last year, with Chinese models making up most of the top-selling vehicles. The growth in electric vehicle sales has been driven by improving charging infrastructure and attractive products from
Automobile industry
US President Donald Trump has extended concessions on tariffs for US-produced cars and trucks until 2030, providing manufacturers with a refund of up to 3.75% of the sales price for their vehicles. Initially set to expire in 2027, the measure aims to mitigate concerns from US manufacturers such as
Automobile industry
The sudden decision by Stellantis, a multinational automaker, to abandon plans to reopen a factory in Ontario and instead shift production to the United States has left Canada's key industry grappling with the fallout. This move follows a $13 billion, four-year investment announced by Stellantis to significantly ramp
Automobile industry
Britain's largest automaker, Jaguar Land Rover, was forced to shut down its operations for over a month after a cyberattack, halting production and disrupting the lives of thousands of employees, suppliers, and customers. The company, which supports 120,000 British jobs through its supply chain, has been severely
Automobile industry
The UK government has stepped in to support Jaguar Land Rover (JLR) with a £1.5 billion loan guarantee after the motor manufacturer was severely affected by a massive cyber attack. The move aims to protect thousands of jobs and give the company time to recover and support its supply
Exports
Hunan's automobile exports have witnessed a remarkable surge in the first eight months of the year, with significant year-on-year increases in various markets. According to Fuzhou Customs, Hunan's auto exports reached 13.53 billion yuan, a 55.9% increase from the same period last year. The
Exports
India's auto component industry is highly dependent on exports, with auto component exports contributing nearly 30 percent to the industry's revenues. The US is the largest market for Indian auto component exports, accounting for 27 percent of this share. However, the imposition of high tariffs by
Automobile industry
Ford Motor said it would cut 1,000 jobs at its factory in Cologne, Germany, that produces electric cars amid sluggish demand for battery-powered vehicles in Europe. The reductions are on top of 4,000 jobs that Ford said last year it intended to eliminate across Europe by the end
