Tag: Automotive Industry
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India to Slash Auto Tariffs to 40% in EU Trade Deal: What It Means for Carmakers
India moves to open its auto market as part of a broader EU trade deal India is nearing a landmark free trade agreement with the European Union, and one of the most consequential concessions under discussion is a reduction in tariffs on passenger cars. Sources indicate that India plans to slash duties on cars imported…
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India-EU Car Tariffs Fall to 40% in Groundbreaking Trade Deal
Overview: A Turning Point in India-EU Trade India is nearing an historic milestone with a proposed free trade pact that would slash tariffs on cars imported from the European Union to 40% from as high as 110%. The move represents the most significant opening of India’s vast market to a major trading partner and underscores…
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India to slash tariffs on cars to 40% in EU trade deal
Overview: A new chapter in India-EU trade talks India is moving toward a landmark free trade agreement with the European Union, with plans to dramatically reduce tariffs on cars imported from the bloc. Sources briefed on the negotiations say India intends to slash tariffs on EU-manufactured automobiles to 40% from excoriating levels that can reach…
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Philippines Vehicle Sales Hit Record in 2025, Yet Miss Target
Record-Breaking Year for Philippine Vehicle Sales The Philippine automotive sector closed 2025 on a high, recording a total vehicle sales of 491,395 units. The figure marks a new all-time high for the industry, underscoring a resilient market as buyers returned to showrooms amid improving economic conditions. However, despite the record, the year proved elusive in…
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Chery Expands into Canada’s EV Market: What It Means for Consumers
Chery Sets Its Sights on Canada Chery Automobile Co. Ltd. is positioning itself for a major entry into Canada’s growing electric-vehicle (EV) market. With Canadian policymakers signaling a willingness to reduce tariffs on a limited set of Chinese-made EVs, Chery sees a clear strategic path to introduce its electric lineup to Canadian consumers. This move…
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Chery Expands into Canada’s Electric Vehicle Market
Chery’s Canadian ambitions gain momentum China’s Chery Automobile Co. Ltd. is positioning itself for a major push into Canada’s growing electric vehicle (EV) landscape. The move follows a government deal that will reduce tariffs on a limited number of Chinese-made EVs, potentially easing a route for Chery to introduce its models to Canadian buyers. As…
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Chery Eyes Canadian EV Market Expansion: A New Frontier
Chery Sets Sights on Canada’s EV Landscape Chinese automaker Chery Automobile Co. Ltd. is positioning itself to expand into Canada’s electric vehicle (EV) market, leveraging a recent tariff breakthrough and a growing appetite for affordable, domestically developed EVs. The move comes as Canada signals a potential easing of trade barriers on a limited number of…
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Renault Group Sees Third Consecutive Year of Growth Driven by International Sales and Electrification in 2025
Overview: Renault Group Posts its Third Straight Year of Growth Renault Group has announced a solid performance for 2025, marking the third consecutive year of growth. The group posted global vehicle sales of 2,336,807, rising 3.2% in a market that grew 1.6%. The results underscore Renault’s ongoing strategy to accelerate international expansion and electrification across…
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Over 220 firms shut in 2025, vehicles towed: Inside the turbulence of the car leasing industry
Overview: a sector under pressure The car leasing industry is in sharp focus as 2025 closes with more than 220 firms having ceased operations or folded their fleets, forcing thousands of vehicles off the road and leaving drivers scrambling for alternatives. In Singapore, the ripple effects are felt not only in leasing companies and fleet…
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From Wicklow to the World Stage: How a Wicklow Woman Reached the Top of Motor Finance
Rising from Bray to the European Motor Show When the European Motor Show roars into Dublin’s RDS, the spotlight isn’t only on the gleaming cars and high-octane spectacle. It’s on the people behind the scenes—the professionals who turn ambition into industry-wide change. At the center of this year’s narrative is Liz McNab, a Bray native…