Honda shifts focus to hybrids, scales back EV spending
CEO Toshihiro Mibe says the company cut electrification and software spending to 7 trillion yen from 10 trillion yen through 2030
Waymo gets California approval to expand robotaxi service
The approval comes as Tesla prepares to launch a paid robotaxi service in Austin, Texas, next month
Engineering Development Board plans to cut CBU vehicle import tariff to 15% by 2030
Auto industry caught off guard as EDB reveals steep tariff reduction from current 100% rate
Pakistan, IMF agree to ease used vehicle import restrictions under new tariff plan
New National Tariff Policy to reduce tariffs, simplify customs and eliminate duties on used cars by 2030
Toyota Motor explores $41 billion buyout of Toyota Industries
Company is continuously evaluating the best approach regarding its holdings in Toyota Group shares but has made no decisions yet
Xiaomi to launch Tesla rival YU7 electric SUV on Thursday
YU7 will be unveiled at an event where the company also plans to introduce the Xring O1 mobile chip and the Xiaomi 15S Pro smartphone
Inverex launches budget EV hatchback, Xio, prices start at Rs 3.5 Million
Three-variant electric car enters Pakistan’s auto market, targets low- to mid-income urban buyers amid growing EV interest
Hyundai has no plans to launch the new Santa Fe. Could that make the Kia Sorento a winner?
Kia’s latest offering is receiving a lacklustre response, but for all the wrong reasons.
FBR considers extending used vehicle import age limit to five years in next budget
Proposal aims to boost competition in the auto industry, with potential tariff reductions in future
Musk took leased cars back so Tesla could use them as “robotaxis” Instead, Tesla sold them
The policy starts in 2019 when Tesla allows customers to lease Model 3 sedans but requires their return for Tesla’s planned "robotaxi" network
Waymo recalls over 1200 self-driving vehicles over software issues
The company confirms 16 incidents between 2022 and late 2024, where vehicles collided with chains, gates, and other barriers
Xiaomi faces declining SU7 orders amid consumer backlash
Company’s momentum falters in recent weeks after a fatal accident involving the SU7, which is still under investigation
Tesla to resume shipping Chinese parts for Cybercab, Semi production in the US
Tesla plans trial production of the two models in October and mass production in 2026, with the Cybercab in Texas and Semi in Nevada
BYD overtakes Toyota in Singapore vehicle sales
BYD sells 3,002 cars in the first four months of 2025, capturing 20% of Singapore's vehicle sales, while Toyota sells 2,050
Global EV sales rise 29% in April, led by China and Europe
China records a 32% year-on-year increase with 0.9 million vehicles sold, while Europe sees a 35% jump to 0.3 million units