ELECTRIC CAR SALES
Volvo shifts gears, to offer both EVs & ICE models in India
Volvo Cars India is adjusting its strategy, continuing to offer both electric and internal combustion engine vehicles due to slower EV adoption rates. This reverses their previous plan to go all-electric by the end of the decade. The company acknowledges varying EV adoption across regions and emphasizes the importance of government policies and charging infrastructure for EV growth.
Ford Motor Company to recall more than 300,000 vehicles in the US: Which models are impacted, and what can consumers do
Ford Motor Company is recalling over 300,000 vehicles due to a potential Electric Brake Booster malfunction that could increase crash risk by extending stopping distances. Owners will be notified by August 25 for a free software update. Simultaneously, Ford reported a loss despite revenue growth, projecting a $2 billion hit from tariffs in 2025.
Will consider plug-in hybrid in India if tax structure favourable: Volvo Car India MD
Volvo Car India is open to introducing plug-in hybrid vehicles in the Indian market if the tax structure becomes more favorable. Currently, the company finds the existing tax regulations unconducive for plug-in hybrids.
China's small workshops are hurting. Trump's tariffs are only one reason.
Guangzhou's garment manufacturing sector is struggling due to U.S. tariffs and rising labor costs. Factories face declining orders and pressure to improve working conditions, leading to workforce reductions.
These large- and mid-cap stocks can give more than 21% return in 1 year, according to analysts
Given that the markets are now facing a new headache called the Trump tariff, the probability of continuing volatility is high. So it is best to be cautious. Now, when we use the word cautious, it is not about buying, but about selling. If you are going to sell because you are worried about Trump tariffs being very destructive, then probably it is not the right thing to do. But if you plan to sell because valuations are high, or the company has not delivered on promised earnings, then probably it is the right reason. So, before you make any decision in the coming weeks, be sure of what you are doing. And why.
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Tata Motors seeks to expand revenues, access new technologies with $4.5 bn Iveco deal
Tata Motors plans to acquire Iveco's truck and bus division for $4.5 billion. This deal will significantly expand Tata Motors' global presence. It will also provide access to advanced technologies like electrification. The acquisition aims to strengthen Tata's position in Europe and India. The deal is expected to be completed by April 2026.
Tata Motors to drive Iveco’s CV business for $4.4 billion, the group's biggest cross border M&A since Corus
Tata Motors is set to acquire Iveco from the Agnelli family for $4.4 billion, marking its largest automotive acquisition since Jaguar Land Rover. This move aims to bolster Tata's commercial vehicle arm with advanced technology and global market access, pending regulatory approvals and expected to close by April 2026.
What are the main issues facing new Renault CEO Provost?
Francois Provost will soon lead Renault. He faces tough competition in Europe. Renault aims to grow in emerging markets and beyond cars. Partnerships are crucial but raise concerns. Renault plans many new car launches. Van sales have dropped. Improving credit rating is a priority. Renault will manage its Nissan stake and Nissan's partnerships. Provost has many challenges ahead.
Tesla mocks American Eagle’s Sydney Sweeney ‘great jeans’ ad amid controversy over alleged racist undertones
Tesla took a dig at American Eagle's ad with Sydney Sweeney. The campaign faces criticism for its slogan and imagery. Critics say it echoes eugenics ideologies. American Eagle's campaign focuses on denim. Proceeds from 'The Sydney Jean' go to Crisis Text Line. The brand continues the campaign despite the backlash. It aims to boost back-to-school sales.
Forget Tesla: 76% of cars sold in this Asian country are electric, and it's not who you think
Nepal electric vehicle boom is turning heads worldwide as the Himalayan nation quietly becomes a global leader in EV adoption. With 76% of all new cars sold now electric, Nepal’s smart use of hydroelectric power, affordable Chinese EVs, and strong government incentives have powered this dramatic shift. From slashing fuel imports to building a growing EV charging network, Nepal shows how developing countries can fast-track clean mobility. As EV sales skyrocket, Nepal’s story is setting a new standard for sustainable transport.
Multibagger or IBC - Part 17: Margins are slim. Promoters are all in. Is this small cap the ultimate contrarian bet?
In a sector being reshaped by EVs, many auto ancillary players are racing to stay relevant. But this small-cap firm holds an edge as its core product remains essential across vehicle platforms, unaffected by the shift from ICE to EV. However, customer concentration remains a key risk, with over 97% of sales tied to just three group entities. The good news is that the company is pushing into new product categories and deepening R&D collaborations. This series on auto ancillary companies works with the assumption that, from the whole set of auto ancillary companies, some multibagger stocks will emerge. And some companies in this space risk going bankrupt.
BYD runs India remotely as China tensions shut out top brass
BYD faces hurdles in India due to strained political ties. Visa issues force executives to meet abroad. Despite this, BYD cars are popular. India rejects BYD's investment plan. This impacts tariff benefits. Tesla expands in India. BYD relies on its Chennai plant. High import duties increase car costs. India now allows Chinese tourist visas again.
After Tesla's desi debut, Vietnamese EV maker VinFast opens first showroom in India
Vietnamese EV maker VinFast has opened its first Indian showroom in Surat, Gujarat, ahead of launching a local manufacturing plant in Tamil Nadu. The showroom will feature right-hand drive versions of the VF 6 and VF 7 SUVs, now open for pre-booking. VinFast plans 35 dealerships by year-end. Entering a growing EV market, it faces competition from Tesla, which debuted in India this month.
World has too much steel, but no one wants to stop making it
Tata Steel in the Netherlands faces challenges despite producing high-grade steel for specialized applications. A global oversupply, largely driven by China's massive production, is causing prices to plummet and impacting profitability.
Volkswagen takes 1.3-bn-euro hit from Trump tariffs
Volkswagen faced a setback due to tariffs by US President Donald Trump. The tariffs cost the company 1.3 billion euros in the first half of the year. Net profit declined by 38.5 percent. Sales in North America also fell. The company is cutting jobs to save costs. They also lowered their revenue and profit forecast due to trade uncertainties.
Kia aims to win US market share as tariffs force rivals to pull back
Kia aims to increase its U.S. market share to over 6% despite an expected market slump. The company plans a 7-8% sales increase, driven by new hybrid and gasoline models like the Carnival and K4, while some competitors raise prices. Kia will mitigate tariff impacts by diverting shipments and adjusting U.S. factory production.
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analysts
Even as the market stays in stock-specific mode, there is a possibility that we might see a change in the underlying bias of the volatility. But first: What is stock-specific mode? It’s a situation where, rather than a broad-based rally where large numbers of stocks are moving up or down, the street rewards stocks which deliver on earnings or where the fundamental operating matrix is improving. And punishes stocks where earnings are below estimates. This is what has been happening in the market in the last few trading sessions. This kind of strong reaction happens when there is a good amount of money sitting on the sidelines, but that money is cognizant of valuations, which surely are not cheap.
Tesla drops 9% after earnings miss — Elon Musk loses $12 billion amid historic revenue decline
Tesla stock crash has sent shockwaves through the market after the EV giant reported a massive earnings miss and its biggest revenue drop in over 10 years. Tesla's Q2 2025 report showed a 12% fall in revenue and weaker-than-expected profits, which triggered a 9% plunge in Tesla stock. As a result, Elon Musk’s net worth dropped by $12 billion in just one day. Investors are now worried about Tesla’s future as Elon Musk warns of "a few rough quarters" ahead. From falling sales to tough global competition, Tesla is facing serious challenges in the electric vehicle space.
Tesla shares plunge over 8% on sharpest quarterly sales decline in 10 years
Tesla's shares declined after Q2 results. Automotive revenues saw a dip. Net income also decreased. Total revenues were down compared to last year. The company cited lower vehicle deliveries as a factor. Tesla anticipates a few challenging quarters ahead. Focus remains on growing vehicle volumes. Plans for new vehicles in 2025 are still on track.
China's BYD to assemble EVs in Pakistan from 2026
BYD plans to begin assembling vehicles in Pakistan by July or August 2026, aiming to capitalize on the growing demand for electric and plug-in hybrid vehicles. The plant, a partnership with Mega Motor Company, will initially produce 25,000 units annually. BYD anticipates significant market growth in Pakistan, targeting a substantial share of the EV and plug-in hybrid segment.
Tesla likely to face 'a few rough quarters' from end of US EV support: CEO Elon Musk
Tesla reported falling sales and missed profit targets, with revenue down 12% amid weakening EV demand and reduced US tax credits. Elon Musk warned of “rough quarters” ahead but expects future gains from robotaxis and self-driving tech. Delays in launching a cheaper model and executive exits added to investor concerns.
China’s Chery to supply tech to help India’s JSW launch own EVs
Chery Automobile will provide technology and components to JSW Group, facilitating the launch of a new-energy vehicle brand in India by 2027. JSW will pay Chery a technology transfer fee and royalties, with no equity arrangement due to investment restrictions. This deal marks a significant technology transfer from a Chinese automaker to an Indian company amidst ongoing geopolitical tensions.
Tesla profit plunges in latest quarter as Musk's turn to politics continues to repel buyers
Tesla's recent financial results reveal a significant downturn, with revenue dropping 12% and profits slumping 16% in the last quarter, marking the third consecutive quarter of profit decline. This downturn is attributed to the perception of Elon Musk and increasing competition from rivals like BYD and Volkswagen.
Renault waiting for EV ecosystem to mature before making its entry, says India MD
Renault India is preparing to enter the electric vehicle market. The company is waiting for the right time. They want the EV ecosystem to be ready. Renault also plans to acquire Nissan's stake in the Chennai plant soon. The company aims to increase its market share in India. Renault will launch four new products in the next two years.
China EV brands Zeekr, Neta inflated car sales using insurance scheme
The companies arranged for cars to be insured before they were sold to buyers, the documents show, enabling them under Chinese industry car registration practices to book sales early so they could hit the monthly and quarterly targets, the dealers and buyers said.
Tesla exec with no car-sales experience takes over sales
Tesla faces a sales slump. An information technology executive, Raj Jegannathan, now leads the sales team. He replaces Troy Jones, who recently departed. Jegannathan lacks traditional sales experience. Demand for Tesla cars has decreased in Europe and North America. This is due to several factors. These include increased competition and backlash against Elon Musk's politics.
China EV brands Zeekr, Neta inflated car sales using insurance scheme
Neta and Zeekr, Chinese EV brands, inflated sales figures by pre-insuring vehicles, allowing them to book sales before cars reached buyers. Neta inflated over 60,000 sales from early 2023 to March 2024, while Zeekr used similar tactics in Xiamen. This practice, driven by intense competition, has drawn scrutiny from state media and regulators, prompting concerns about industry practices.
Tata Motors-owned Jaguar Land Rover to cut hundreds of managerial roles in UK
Tata Motors-owned Jaguar Land Rover (JLR) will cut around 500 managerial roles in the UK through a limited voluntary redundancy programme, the company said on Thursday. The move aims to align its leadership workforce with its long-term strategy under the ongoing ‘Reimagine’ transformation plan.
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