Volkswagen posts 37% drop in first-quarter profit, says Trump tariffs could weigh on outlook

An American flag flies beyond the Volkswagen logo displayed at a Volkswagen dealership on April 4, 2025 in Pasadena, California. Mario Tama | Getty Images News | Getty Images German auto giant Volkswagen on Wednesday reported a substantial drop in first-quarter profit as the carmaker navigates the disruptive impact of U.S. tariffs on the global… Continue reading Volkswagen posts 37% drop in first-quarter profit, says Trump tariffs could weigh on outlook

Waymo, Toyota strike partnership to bring self-driving tech to personal vehicles

A Waymo self-driving car, seen with a driver, stops at a red light outside the U.S. Capitol in Washington, D.C., on Friday, March 31, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Alphabet-owned Waymo and Toyota on Tuesday announced a preliminary partnership to explore bringing robotaxi tech to personally-owned vehicles. “The companies will… Continue reading Waymo, Toyota strike partnership to bring self-driving tech to personal vehicles

April 2025 PV Sales Preview: Momentum Sustains, But Inventory and Retail Weakness Raise Red Flags

India’s passenger vehicle (PV) market appears to be holding steady on its upward trajectory in April 2025, supported by sustained wholesale dispatches and aggressive seasonal discounting. According to preliminary industry estimates, vehicle manufacturers are expected to ship between 350,000 and 355,000 units, translating to 4–5% year-on-year growth over April 2024. This marks the seventh consecutive… Continue reading April 2025 PV Sales Preview: Momentum Sustains, But Inventory and Retail Weakness Raise Red Flags

AKWEL Reports €255.6M in Q1 2025 Turnover Amid Global Automotive Market Slowdown

AKWEL, a global automotive and heavy-vehicle parts and systems manufacturer, announced a consolidated turnover of €255.6 million for the first quarter of 2025, reflecting a 4.0% decline at constant scope and exchange rates compared to the same period in 2024. This performance comes against a backdrop of weakened global automotive production, with most major manufacturing… Continue reading AKWEL Reports €255.6M in Q1 2025 Turnover Amid Global Automotive Market Slowdown

Lamborghini Temerario Launched in India with 907 Horsepower Hybrid Powertrain; Starts From Rs 6 Crores

Automobili Lamborghini introduced the Temerario, a twin-turbo V8 hybrid super sports car, to the Indian market. The vehicle, part of Lamborghini’s High-Performance Electrified Vehicle (CVEV) range, delivers 907 Hp and reaches 10,000 rpm, marking it as the first production super sports car to achieve this engine speed. It accelerates from 0-100 km/h in 2.7 seconds… Continue reading Lamborghini Temerario Launched in India with 907 Horsepower Hybrid Powertrain; Starts From Rs 6 Crores

Winners announced for Autocar Great Women: Rising Stars 2025

The event included a number of speakers, including talks and interviews from: Sarah Windrum, head of cluster development at Horiba MIRA; Volvo Car UK managing director Nicole Melillo Shaw; Diane Miller, director of the Parts Distribution Centre at Ellesmere Port for Stellantis; Lorraine Bishton, managing director of Subaru UK; and Renee Knott, head of project… Continue reading Winners announced for Autocar Great Women: Rising Stars 2025

Off-road brand iCar to launch in the UK next year with chunky V23

China car maker Chery will bring its electrified off-roader brand iCar to the UK next year as part of a global sales push. The brand will be renamed iCaur for models sold outside of China to avoid a clash with Apple, which owns the iCar name. The line-up will include the brand’s chunky V23 small electric… Continue reading Off-road brand iCar to launch in the UK next year with chunky V23

Spanish 4×4 manufacturer Santana revived with Chinese backing

Spanish 4×4 manufacturer Santana has been revived with the backing of Chinese firm Zhengzhou Nissan, a joint venture of Nissan and Dongfeng. Santana said it has worked with Zhengzhou Nissan and Chinese firm Anhui Coronet Tech on an “entirely new vehicle” that will offer a choice of diesel and plug-in hybrid powertrains. It will be built at the… Continue reading Spanish 4×4 manufacturer Santana revived with Chinese backing

Sundram Fasteners Reports Highest-Ever Revenue and Profit

Sundram Fasteners Limited (SFL) has posted its highest-ever revenue at ₹1,353.99 crore for the quarter ended March 31, 2025, compared to ₹1,278.13 crore during the same period in the previous year. The company also registered its highest-ever net profit for a quarter at ₹134.37 crore for the quarter ended March 31, 2025, compared to ₹132.54… Continue reading Sundram Fasteners Reports Highest-Ever Revenue and Profit

Sona BLW Reports 10% Rise in Q4 FY25 Profit, EV Order Book at All-Time High

Sona BLW Precision Forgings Ltd. (Sona Comstar), a manufacturer of automotive systems and components, announced its financial results for the fourth quarter and full fiscal year ended March 31, 2025. The company reported a 10% year-on-year increase in net profit for Q4 FY25, reaching ₹164 crore, its highest quarterly profit to date. However, revenue for… Continue reading Sona BLW Reports 10% Rise in Q4 FY25 Profit, EV Order Book at All-Time High