Tag Archives: automotive industry

BYD Expands into Pakistan with New Assembly Plant Chinese electric vehicle (EV) giant BYD is set to make a significant move in the South Asian market by launching its first locally assembled car in Pakistan by July or August 2026. This initiative aims to meet the rising demand for electric and plug-in hybrid vehicles in the region, according to a …

Potential Future of Subaru’s Electric Vehicle Lineup Subaru is considering the development of a B-segment electric vehicle (EV) if its compact model, the Uncharted, performs well over the next two years. This potential move comes as the automaker looks to expand its EV offerings and meet diverse customer demands. However, it is unlikely that this new model will be available …

US Automakers Express Frustration Over New Trade Deal with Japan A recent trade agreement between the United States and Japan has sparked significant backlash from American automakers. President Donald Trump announced a deal to reduce tariffs on Japanese imports to 15 percent, including vehicles and auto parts. This move has raised concerns among domestic car manufacturers, who believe it gives …

Stellantis Faces Significant Financial Challenges Stellantis, one of the leading automakers in Detroit and the parent company of well-known brands like Jeep and Chrysler, announced on July 21 that it anticipates a net loss of €2.3 billion for the first half of 2025. The company attributed this financial setback primarily to the resurgence of U.S. import tariffs. These tariffs are …

Shifting Strategies and Financial Challenges General Motors, one of the leading automotive manufacturers in the United States, has recently released its financial results for the latest quarter, revealing a significant drop in sales and profits. The company, known for iconic American brands such as Chevrolet, Cadillac, GMC, and Buick, reported a revenue decline compared to the same period last year. …

Toyota Recalls Tens of Thousands of Vehicles Due to Faulty Interior Display Screens Toyota has issued a significant recall affecting tens of thousands of vehicles due to a critical issue with the interior display screens. The problem involves a malfunction that could compromise driver safety and vehicle performance. The affected vehicles include a wide range of models, such as sedans, …

Genesis Unveils New LMDh Contender for 2026 World Endurance Championship Genesis has taken a significant step forward in its preparations for the 2026 World Endurance Championship (WEC) by successfully firing up the engine of its new LMDh contender, the GMR-001 Hypercar. This milestone marks the beginning of a crucial phase as the team gears up for upcoming testing next month. …

The Auto Industry Faces Uncertainty and Regulatory Chaos The automotive industry in the United States is experiencing a period of unprecedented uncertainty. Tariffs are now in place, electric vehicle tax credits have been removed, and regulations are shifting unpredictably. As a result, no one in the car industry can confidently predict what will happen next. This instability has created a …

Buganda’s Surprise at Car Gift Programme and Denial of Notification Buganda has expressed surprise over a recent car gift programme, while also denying any prior notification regarding the matter. This revelation has sparked discussions among locals and officials alike, highlighting the complexities surrounding royal traditions and modern governance. The new vehicle, which has already been spotted on the streets of …

Ford Recalls 700,000 Vehicles Over Fire Hazard Concerns Ford has issued a global recall of approximately 700,000 vehicles due to concerns over a potential defect that could lead to underhood fires. The affected models include the 2021-2024 Ford Bronco Sport and the 2020-2022 Ford Escape, both equipped with a 1.5L engine. The issue stems from a problem with the fuel …