Honda’s Bold Move In a significant pivot, Honda Motor Co., Ltd. has announced its decision to halt the development and market launch of three planned electric vehicle (EV) models in North America. This announcement, made on March 12, 2026, marks a dramatic shift in Honda’s strategy amidst declining demand for EVs and mounting pressure on […]
Cancellation of Key Models In a significant shift for the automotive market, Honda has announced the cancellation of its ambitious plans to produce the 0-Series SUV, 0-Series Saloon, and the Acura RSX in the United States. Originally slated for a 2026 launch at Honda’s Ohio manufacturing facility, these models were set to represent Honda’s commitment […]
Escalating Tensions in West Asia As geopolitical tensions escalate in West Asia, the Indian automotive industry faces potential production disruptions. The ongoing US-Israel conflict with Iran has intensified, halting shipping through the crucial Strait of Hormuz. As of early March 2026, this situation has led to fears of attacks on vessels and subsequent shipping delays, […]
In a surprising turn of events, Honda has officially canceled its ambitious 0 Series electric vehicles (EVs) just months before their anticipated launch. This decision affects the 0 SUV, 0 Saloon, and the Acura RSX models, which were all set for production this year. The cancellation highlights the mounting pressures Honda faces in a cooling […]
Financial Overview: A Significant Drop Porsche AG is grappling with a stark decline in profits, reporting a significant drop of 92.7% in operating profit for the fiscal year 2025. Total sales revenue fell to €36.27 billion, down 9.5% from the previous year’s €40.08 billion. Deliveries also took a hit, decreasing by 10.1% to 279,449 vehicles, […]
A Fresh Start for the ProMaster City The 2027 Ram ProMaster City is set to re-enter the commercial van market, bringing renewed options for tradespeople and delivery services. This new iteration not only fills the void left after its predecessor’s discontinuation in 2022 but also exceeds expectations with its larger size and enhanced capabilities. Equipped […]
Investing in the Future of Electric Mobility Ashok Leyland has announced a significant investment of up to ₹500 crore to establish an electric vehicle (EV) battery pack facility in Tamil Nadu. This strategic move reflects the company’s commitment to enhancing its EV production capabilities and reducing reliance on imported battery components. The facility aims to […]
New Era for MG in Southeast Asia SAIC-MG is making significant strides in Southeast Asia by launching the local assembly of the MG S5 battery electric vehicle (BEV) at EPMB’s facility in Alor Gajah, Melaka. This initiative marks a pivotal moment for the automaker, as it aims to enhance its presence in the Malaysian market. […]
Sales Statistics Reveal Market Challenges The Vietnam vehicle market experienced a 9% decline in February 2026, with total sales dropping to 15,665 units from 17,181 units in the previous year. This downturn, reported by the Vietnam Automotive Manufacturers Association (VAMA), was attributed to the Lunar New Year holidays, which resulted in fewer working days compared […]
Ambitious International Game Plan Renault Group is revving up its engines with a bold new initiative aimed at accelerating global sales. The French automaker has unveiled its ‘International Game Plan 2027,’ a strategic roadmap that seeks to increase sales volumes by 23% by 2030. This ambitious target comes on the heels of a significant investment […]
