Exports
India's automotive component exports registered a significant 8% growth to $22.9 billion during the financial year ending March 2025, driven by robust demand from Asia, Africa, and North America, according to the Automotive Component Manufacturers Association of India (ACMA). The export growth was led by North America,
Electric vehicles
Audi AG saw its global sales decline by almost 6% in the first half of the year, as the company struggled with soft demand in key markets such as China and the US. However, despite this decline, the German luxury carmaker reported a significant increase in electric vehicle sales, with
Electric vehicles
China's industrial model is leaving the US in the dust, and BYD, a previously middling player, has become the world's top-selling electric vehicle brand, surpassing Tesla. BYD's success, however, is not just about government subsidies, but also its innovative business model, which combines vertical
Exports
Bristol-based technology leader Dynisma has secured a EUR 10.7 million contract with a European client, thanks in part to a EUR 3 million surety bond issued by NatWest and guaranteed by UK Export Finance (UKEF)'s Bond Support Scheme. This deal marks a significant milestone for the company,
Exports
Jaguar Land Rover (JLR) has revealed a sharp decline in sales over the past three months, driven in part by a temporary pause in exports to the US and the planned wind-down of older Jaguar models. The company's retail sales dropped by 15.1% to 94,420 units,
Electric vehicles
The electric car maker is facing a significant downturn in demand, with customer deliveries falling by 14% in the second quarter of the year. Analysts attribute the decline to Elon Musk's allegiance to the Trump administration, which has led to protests and boycotts at Tesla dealerships in the
Electric vehicles
The electric vehicle market is experiencing a booming trend, with BYD taking the lead in terms of sales, while Tesla continues to struggle. The company has reported a second straight drop in sales, with a 14% decline in the second quarter of the year. Market analyst Liz Lee attributes this
Musk, Elon
Tesla's sales fell sharply in the last three months, declining by 13% to 384,122, as boycotts over Elon Musk's political views continue to keep buyers away. This is a significant development considering expectations that anger with the company's billionaire CEO would have faded
Musk, Elon
Elon Musk's Tesla has seen sales fall to a three-year low after the billionaire's public spat with Donald Trump. In the second quarter of the year, customer deliveries plummeted by 13.5% to 384,122, down from 443,956 in the same quarter last year. This
Musk, Elon
Tesla, the electric vehicle (EV) giant owned by Elon Musk, has seen its sales fall 13% over the last three months. The drop in sales, from 443,956 in the same period last year to 384,122 between April and June, has been attributed to the backlash against Musk'
Electric vehicles
Tesla, a US-based electric vehicle (EV) manufacturer, reported a 13.5% year-on-year decline in its vehicle deliveries in the second quarter of 2025, with 384,122 units delivered, down from 443,956 in the same period last year. This marks the second consecutive quarterly decline for the company, with vehicle
Electric vehicles
The Xpeng G6, a mid-size electric crossover SUV manufactured by China's Xpeng Motor, has emerged as the best-selling electric car model in Israel in the first half of 2025. According to data released by the Israel Vehicle Importers Association, the G6 sold 3,164 units in the six-month
