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News
Japan’s Toyota and Honda may get stuck with the bill as Trump eyes 50% Canada auto tariffs
2+ week, 5+ hour ago (704+ words) Tariffs could force both automakers to close some Canadian assembly lines, analysts say [TOKYO] US President Donald Trump is targeting Ottawa with a proposed 50 per cent tariff on Canadian car imports – but Japan’s Toyota and Honda may end up footing…...
Toyota, Honda face biggest hit from Trump’s proposed 50% tariff on Canadian cars
2+ week, 5+ hour ago (704+ words) Tariffs could force both automakers to close some Canadian assembly lines, analysts say [TOKYO] US President Donald Trump is targeting Ottawa with a proposed 50 per cent tariff on Canadian car imports – but Japan’s Toyota and Honda may end up footing…...
Longer bidding interval pushes up COE premiums; Cat A at all-time high
5+ day, 36+ min ago (166+ words) Categories A and B are oversubscribed by 43%, notes an industry observer [SINGAPORE] Certificate of Entitlement (COE) premiums rose across the board for all categories of vehicles in the latest round of bidding on Wednesday (Sep 9), which automotive industry observers attributed…...
Industry expects Category A mainstream car COE premiums to rise in 2026
3+ week, 5+ day ago (144+ words) They tie this to reduced quota and increased time for returning de-registrations to the market [SINGAPORE] After the latest round of Certificate of Entitlement (COE) bidding on Wednesday (Aug 19), automotive industry observers said they do not expect passenger car premiums…...
China launches biggest ever auto recall campaign over door handle safety
3+ week, 2+ day ago (376+ words) The sweeping campaign comes as Beijing steps up oversight of the EV industry [BEIJING] Eleven carmakers, including Tesla and Xiaomi, launched software updates and vehicle recalls on Friday (Aug 21), the companies said, in China’s largest-ever automotive recall campaign, as regulators…...
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
3+ week, 4+ day ago (454+ words) The investment marks the platform’s broader shift towards a hybrid taxi and private-hire model [SINGAPORE] ComfortDelGro will invest more than S$10 million to boost its private-hire vehicle (PHV) fleet with BYD’s hybrid and electric vehicles (EVs), it said on Thursday…...
South-east Asia’s top EV startups draw US$622 million in funding since 2016
3+ week, 3+ hour ago (464+ words) Singapore accounts for more than 60% of the total capital raised by the 16-company cohort SOUTH-EAST Asia’s leading electric-vehicle startups have raised a combined US$622 million in disclosed equity funding since 2016, with Singapore emerging as the region’s main centre for both…...
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for PHV fleet
3+ week, 4+ day ago (433+ words) The investment marks the platform’s broader shift towards a hybrid taxi and private-hire model [SINGAPORE] ComfortDelGro: C52 0% will invest more than S$10 million to boost its private-hire vehicle (PHV) fleet with BYD’s hybrid and electric vehicles (EVs), it said on Thursday…...
Volkswagen finds defence future for German plant amid major overhaul
6+ day, 21+ hour ago (526+ words) Labour officials say the move could preserve about 1,400 of the site’s 1,800 jobs. [OSNABRUECK, Germany] Volkswagen on Monday (Sep 7) struck a preliminary deal that will see one of its German sites switch to defence production, a first in the automaker’s efforts…...
Mercedes-Benz debuts Studio lifestyle concept in South-east Asia with Singapore branch
3+ week, 4+ day ago (545+ words) It is located at Gardens by the Bay and open to the public from Sep 2; new GLC electric vehicle also unveiled [SINGAPORE] The first Mercedes-Benz Studio lifestyle space in South-east Asia was launched in Singapore on Thursday (Aug 20), alongside a…...