Toyota tops global sales for fifth year despite a 3.7% decline in 2024
Toyota’s parent-only sales drop 1.4% to 10.2 million, while hybrids account for 40.8%
Honda to challenge rivals with budget EV under $30,000 by 2026
The model will be part of the automaker’s global "Honda 0 Series" EV lineup and will be produced locally
U.S. appeals court rejects Biden-era FTC auto pricing regulations
The FTC pursues legal actions against auto dealers for deceptive practices, including a $20 million settlement with 10 dealerships
Tesla joins legal challenge against EU tariffs on China-made EVs
BMW, Chinese automakers BYD, Geely, and SAIC, as well as the auto industry body CCCME, also file similar legal challenges
Ghandhara Automobiles announces extension in distribution partnership with China’s Chery Automobile
Extension in agreement as both companies continue working towards a more permanent agreement
Tesla launches redesigned Model Y in US, Canada, and Europe after China debut
The revamped model comes as the company prepares to launch a more affordable variant in the first half of 2025 to expand its customer base and boost sales
Tesla to fix software issues in over 1.2 million vehicles in China
Tesla will address software issues in more than 1.2 million vehicles in China, including imported Model S and Model X, as well...
Kia reports $8.85 billion operating profit for 2024
The fourth-quarter operating profit rises by 10.2% compared to the same period last year
Tesla to raise prices of all vehicles in Canada starting Feb. 1
The price of the Model 3 will rise by as much as C$9,000, while the Model Y, Model X, and Model S variants will see increases of up to C$4,000
Ghandhara automobiles’ exclusive distribution agreement with Chery ends
Negotiations ongoing for a smooth transition as GAL ensures continued service
US investigates Ford’s BlueCruise system after fatal collisions
The probe examines BlueCruise hands-free technology in Ford Mustang Mach-E vehicles, focusing on two fatal collisions
US investigates 295,125 Honda vehicles over emergency braking issues
Honda vehicles' automatic emergency braking systems activate inadvertently, increasing the risk of collisions due to sudden deceleration, NHTSA
Auto financing inches up by 0.3% in December as interest rates decline
Analysts predict further rate cuts could boost demand, lifting the auto sector
Kia continues trend of outdated models with 5th-generation Sportage launch
The version introduced to Pakistan is the pre-facelift model from four years ago, not the latest facelift launched last year globally
Tesla safety investigation to proceed, says Trump’s transportation nominee
The probe involves 2.4 million Tesla vehicles with Full Self-Driving (FSD) software after four reported crashes, including one fatal incident in 2023