While the heavy-duty trucks that haul steel and cement are flying off dealer lots, the buses that move the nation’s workforce and students have suddenly hit a speed bump. Fresh sales data for January 2026 reveals a cooling trend in the passenger carrier segment, marking a sharp departure from the breakneck growth seen over the… Continue reading Trucks Haul Growth While Buses Lose Steam in January 2026
Tag: Geely
Heavy-Duty Gains Mask a Softening Bus Market for Volvo Eicher
VE Commercial Vehicles (VECV), the joint venture between Eicher Motors and Sweden’s Volvo Group, reported a robust start to the calendar year, with total wholesales climbing 24.9% in January 2026 compared to the same period last year. The company, which is part of Eicher Motors, shipped 10,601 units in January, up from 8,489 units in… Continue reading Heavy-Duty Gains Mask a Softening Bus Market for Volvo Eicher
Volvo Construction Equipment’s acquisition of Swecon is completed
GOTHENBURG, Sweden, Feb. 1, 2026 /PRNewswire/ — Volvo Construction Equipment (Volvo CE) has completed the previously announced acquisition of Swecon. Following the approval received from the European Commission to acquire Swecon the parties have now joined forces. Volvo CE has acquired Swecon’s business operations in Sweden, Germany and the Baltics including Entrack. The transaction is valued… Continue reading Volvo Construction Equipment’s acquisition of Swecon is completed
Ford held talks with China’s Xiaomi over EV partnership
We’re showing you this article with reduced functionality due to intermittent issues on FT.com. This article is up-to-date as of January 31 2026. Ford has held talks with electric vehicle maker Xiaomi over a partnership that would pave the way for Chinese carmakers to gain a foothold in the US, according to four people familiar… Continue reading Ford held talks with China’s Xiaomi over EV partnership
Chinese carmakers cash in on Britain’s EV credits
Chinese carmakers are expected to cash in on Britain’s net zero mandate after it emerged that major manufacturers will have to pay rivals to avoid fines. Eight carmakers including Jaguar Land Rover and Toyota did not sell enough electric cars or low-emission vehicles last year to meet government mandates, according to an industry analysis. Four… Continue reading Chinese carmakers cash in on Britain’s EV credits
German FAZ: VW alone at home010501
The VW Golf is once again the best-selling car of the year in Germany. Despite a noticeable decline, the Wolfsburg compact car will not be dethroned in 2025 either. The SUV T-Roc, which competes in the same category, takes second place, and the medium-sized SUV Tiguan takes third place. Volkswagen therefore has the podium for… Continue reading German FAZ: VW alone at home010501
Union Budget 2026-27: Industry Experts Chart the Road Ahead
As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2026-27, the automotive industry finds itself at a critical juncture. Following the successful implementation of GST 2.0 reforms and amid a rapidly evolving mobility landscape, industry stakeholders are seeking policy continuity, targeted incentives, and a clear roadmap for sustainable growth. Autocar Professional reached out… Continue reading Union Budget 2026-27: Industry Experts Chart the Road Ahead
Union Budget 2026-27: Industry Experts Chart the Road Ahead
As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2026-27, the automotive industry finds itself at a critical juncture. Following the successful implementation of GST 2.0 reforms and amid a rapidly evolving mobility landscape, industry stakeholders are seeking policy continuity, targeted incentives, and a clear roadmap for sustainable growth. Autocar Professional reached out… Continue reading Union Budget 2026-27: Industry Experts Chart the Road Ahead
CNBC’s Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. New Delhi-based tech startup founder Ashita Gupta loves her cars. With prospects of luxury European cars becoming cheaper, Gupta, who drives an Audi A6, is considering buying another high-end vehicle. It… Continue reading CNBC’s Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
Some Volvo EX30 owners warned not to charge indoors unattended
Owners of Single Motor Extended Range and Twin Motor Performance versions of the Volvo EX30 have been instructed not to leave their cars unattended while charging indoors or in covered areas, due to a battery fire risk. Volvo recently identified an issue with battery cells overheating in the long-range versions of the EV, which use a 69kWh pack comprising… Continue reading Some Volvo EX30 owners warned not to charge indoors unattended