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
Car sales rise 40% in first 10 months, motorcycle and truck segments also expand
Stabilising economy, new models drive demand surge
Honda forecasts 59% profit decline due to U.S. tariffs
The company attributes the decline to U.S. tariffs on foreign-made cars and rising competition from Chinese EV manufacturers
U.S. regulators demand details from Tesla on upcoming robotaxi launch
NHTSA seeks clarity on how Tesla’s full self-driving technology handles adverse weather conditions and reduced roadway visibility
Sazgar records drop in four-wheeler production and sales in April
Haval and BAIC manufacturer reports fall in sales, three-wheeler segment remains strong as company maintains leading position
IMF urges Pakistan to cut tariff protection for auto industry
IMF argues that the auto sector is overly protected, with tariffs on locally produced vehicles above 40%, reducing competitiveness
Kia launches 4th-Gen Sorento facelift in Pakistan with prices starting from Rs 13.5 million
Kia Sorento targets the midsize SUV segment, offers installment plan to compensate for premium pricing
Nissan cancels $1.1B battery plant in Japan
Nissan says it is scaling back its ambitions in the domestic market as part of broader efforts to improve performance
Toyota forecasts 20% profit drop amid Trump’s tariff
Toyota projects operating income of $26 billion for the year ending March 2026, down from 4.8 trillion yen in the previous fiscal year
Tesla’s attempt to trademark ‘Robotaxi’ rejected by U.S. Patent Office
Tesla also applies to trademark “Cybercab,” but faces delays due to conflicts with other companies using “Cyber"
Geely to acquire remaining 34.3% stake in ZEEKR for $6.52 billion
Geely plans to streamline operations and reduce costs by creating a unified platform through this acquisition
Tesla launches lower-cost Model Y variant amid declining sales
The launch comes shortly after Tesla reported a 13% drop in quarterly deliveries, its steepest decline in nearly three years
CSM to introduce Riddara RD6 electric pickup truck in Pakistan
This follows the signing of an MoU between CSM and Geely, marking a strategic partnership to promote electric mobility in Pakistan
Uber partners with Pony AI to launch robotaxis in the Middle East
Pony AI, backed by Toyota and based in Guangzhou, holds robotaxi licenses in Beijing, Shanghai, Guangzhou, and Shenzhen