Xiaomi expects auto business to turn profitable in second half of the year
Xiaomi reports a loss of 0.5 billion yuan from its smart electric vehicles, AI, and other new projects in the quarter ended March 31
Tesla new car sales surge 213% in Norway but decline 53.7% in Sweden
The boost is driven by a revamped Model Y compact SUV, which has been Norway’s best-selling car for the past three years
Tesla not interested in manufacturing in India, says Indian minister
CEO Elon Musk puts investment plans on hold, and the company’s immediate focus remains on importing vehicles into India
Locally manufactured cars with up to 850cc engine capacity may face standard 18% sales tax
FBR reviews proposal to amend Sales Tax Act; proposal also includes potential changes to the importation rules for used vehicles
China’s auto price war fuels dispute between BYD and GWM
Despite concerns, the price war among Chinese automakers continues with new incentives from BYD and others
Amazon’s Zoox issues second software update after San Francisco crash
The update addresses a rare issue where the vehicle could resume travel without detecting nearby pedestrians after stopping or moving slowly
Tesla’s Robotaxi launch expected in June, Musk says
Musk says the tests are running ahead of schedule and have not experienced any incidents
Xiaomi launches Tesla Y rival YU7 in Beijing showrooms
YU7 launch comes amid challenges for Xiaomi, as new EV orders have declined following a fatal highway crash involving the SU7
Xiaomi market value tops $171 billion, surpassing BYD
Shares of Xiaomi jump as much as 3.4% after the company reported record revenue and profit for the first quarter
Ford recalls 1.1 million U.S. vehicles over rearview camera software issue
Ford says dealers update the affected software through over-the-air delivery or at dealerships
FBR proposes higher withholding tax on vehicles with engine capacity above 1300cc in 2025-26 budget
Proposed increase in tax rates aims to boost revenue collection in the new fiscal year
China regulator summons automakers to discuss ‘zero-mileage’ used car sales
Other participants invited to the meeting include the associations of China's automobile manufacturers and dealers
Chery partners with Master Group to launch EVs and PHEVs in Pakistan
This marks Master Group’s second collaboration to boost competition in EV and PHEV segments, after introducing Deepal EVs earlier
Hyundai Nishat announces Rs 15,000 hike in freight fees across key models
Revised freight charges apply to popular models including the Hyundai Porter, Elantra Hybrid, Tucson Hybrid, Sonata, and Santa Fe Hybrid
Maryam Nawaz orders up to 10-fold increase in traffic fines to improve road safety
CM says parents of underage drivers will be held accountable, with criminal cases registered against those allowing their children to drive