
Trump says he approved new fuel economy standards, rolling back Biden-era rules
The president said the new standards reverse stricter Biden administration policies that had been designed to encourage greater adoption of electric vehicles.

The president said the new standards reverse stricter Biden administration policies that had been designed to encourage greater adoption of electric vehicles.

New data shows a sharp rise in Chinese hybrid vehicle sales in the EU since Brussels imposed anti-subsidy tariffs on fully electric imports, raising concern for European carmakers.

Rising vehicle prices in Iran are becoming a flashpoint for broader economic strain, with some officials and state media describing the domestic auto industry as run by a "mafia" system.

Vehicle sales and manufacturing both posted sharp year-on-year increases in July-August compared with the same period last fiscal year, according to Associated Press of Pakistan.

Retaliatory tariffs from Canada take effect as automakers on both sides of the border brace for impact and Canadian travelers cut back on trips to the US.

British supercar maker says new roles at its Woking technology centre will help support the country's struggling automotive sector.

Component manufacturers in the Midlands say they face mounting pressure after JLR confirmed plans to axe jobs over two years, prompting calls for government support.

Analysts cited by BBC Business say reductions could hamper the automaker's future innovation and create uncertainty for workers.

BBC Business reports that Jaguar Land Rover faces job cuts amid falling sales, growing competition from Chinese automakers and a difficult shift to electric vehicles.

The British carmaker cites Chinese competition, US tariffs and the shift to electric vehicles as reasons for the workforce reduction, according to BBC Business.