GRAND RAPIDS, Mich., April 7, 2025 /PRNewswire/ — Consumer fears over the cost impact of automotive tariffs led to an additional 153,000 new vehicle sales in March, according to automotive data analytics firm Cloud Theory. The findings are part of Cloud Theory’s quarterly automotive industry report “On the Horizon” (Here’s the link) released today. Continue… Continue reading CLOUD THEORY “ON THE HORIZON” REPORT POINTS TO 153,000 IN “PULL AHEAD” SALES PRIOR TO TARIFF IMPLEMENTATION
Tag: Toyota
Tata Motors Reclaims No. 2 Title in Retail Car Market After 7-Month Gap
Tata Motors has reclaimed its position as India’s second-largest car brand by retail sales, edging past Mahindra & Mahindra and Hyundai Motor India in March, according to data released by the Federation of Automobile Dealers Associations (FADA). The Mumbai-based automaker sold 48,462 passenger vehicles (PVs) last month, regaining the runner-up spot in retail sales rankings… Continue reading Tata Motors Reclaims No. 2 Title in Retail Car Market After 7-Month Gap
DICV Appoints Rajiv Chaturvedi President and Chief Business Officer
With an intent to fortify its commercial operations in one of Asia’s most competitive truck markets, Daimler India Commercial Vehicles (DICV) has appointed Rajiv Chaturvedi as its new President and Chief Business Officer. The announcement was made by Chaturvedi via social media, marking a pivotal leadership transition at the Indian arm of Daimler Truck AG.… Continue reading DICV Appoints Rajiv Chaturvedi President and Chief Business Officer
HERCULES TIRES ENTERS RUGGED TERRAIN MARKET WITH ALL-NEW TIS RT1 by HERCULES
Hercules Tires and TIS Offroad Partner to Launch a Tire Built for Performance and Durability HUNTERSVILLE, N.C., April 7, 2025 /PRNewswire/ — Hercules Tires proudly announces the launch of the TIS RT1 by Hercules, a groundbreaking, rugged terrain tire designed to bridge the gap between all-terrain and mud-terrain performance. Engineered for light trucks, SUVs, and crossovers,… Continue reading HERCULES TIRES ENTERS RUGGED TERRAIN MARKET WITH ALL-NEW TIS RT1 by HERCULES
Honda EVP Aoyama resigns after ‘allegation of inappropriate conduct’
Honda Executive Vice President Shinji Aoyama Honda Motor said on Monday that it had accepted the resignation of Executive Vice President Shinji Aoyama which followed an allegation of inappropriate conduct during a social gathering outside of work hours. Honda did not elaborate on Aoyama’s conduct in question, but said CEO Toshihiro Mibe will take a… Continue reading Honda EVP Aoyama resigns after ‘allegation of inappropriate conduct’
Honda Executive VP Shinji Aoyama Steps Down Amid Misconduct Allegation: Reuters
Honda Motor Co. announced on Monday that Executive Vice President Shinji Aoyama has resigned following an allegation of inappropriate behavior during a private social event held outside of working hours, Reuters reported. Although the company did not disclose the nature of the misconduct, it acknowledged the seriousness of the matter. As a result, CEO Toshihiro… Continue reading Honda Executive VP Shinji Aoyama Steps Down Amid Misconduct Allegation: Reuters
Toyota to expand EV production to 1m units by 2027
Toyota’s planned 15 EV models will include offerings from its Lexus luxury brand. Go to Source
Passenger Vehicle Retail Sales Rebound in March, Breaking Months-Long Slump
In a welcome sign for India’s automotive sector, passenger vehicle (PV) retail sales registered an impressive 6.26% year-over-year growth in March 2025, reaching 350,603 units compared to 329,946 units in March 2024, according to data released by the Federation of Automobile Dealers Associations (FADA). The March growth represents a significant turnaround after months of subdued… Continue reading Passenger Vehicle Retail Sales Rebound in March, Breaking Months-Long Slump
Hybrids can be sold until 2035 as government relaxes EV targets
Toyota, for example, had previously threatened “there would be an impact on a number of areas” of its business in the UK if full-hybrids – like the Corolla it builds at Burnaston in Derbyshire – were banned from sale alongside pure-ICE cars in 2030. And Kia’s UK boss Paul Philpott told Autocar recently that clarity… Continue reading Hybrids can be sold until 2035 as government relaxes EV targets
German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009100
The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009100