Topic
cars
Logistics Record 2 Million Cars Tipped to Move in Containers as China Outgrows Car Carrier Fleet
A record two million cars are expected to be shipped in containers and other non-dedicated vessels in 2026 as China's vehicle exports outpace the growth of the pure car carrier fleet. Veson Nautical reports the shift from temporary fix to structural feature, with China projected to export 10 million light vehicles this year. The first five months of 2026 saw 4.06 million vehicles exported, up 63% year-on-year.
Trade India-UK FTA Takes Effect: Scotch Whisky, Cars, Silver See Major Tariff Cuts
The India-UK Free Trade Agreement (FTA) took effect on July 15, 2026, marking a significant milestone in bilateral trade. Under the deal, 99% of India's tariff lines gain duty-free access to the UK, while India phases down duties on British goods including Scotch whisky, premium cars, silver, and medical devices over five to ten years. Key sectors such as dairy and cereals remain protected.
Manufacturing UK High Court Rules Most Major Carmakers Did Not Use Illegal Emissions Defeat Devices
The UK High Court ruled that most major carmakers, including Mercedes-Benz, Renault, Nissan, Ford, and Peugeot-Citroen, did not use prohibited defeat devices in diesel vehicles. The court found that only one Mercedes strategy removed in 2015 and one Peugeot-Citroen strategy constituted defeat devices. A further trial in October will determine damages.
Manufacturing Mercedes-Benz to Raise Prices 1-2% in India on Exchange Rate and War Cost Pressures
Mercedes-Benz will increase car prices in India by 1-2% to cope with exchange rate volatility and war-related cost pressures, marking the third hike in 2026 totaling up to 4%. The automaker also launched a new plug-in hybrid S-Class variant, its first PHEV for India, priced between Rs 2.2-2.4 crore, with deliveries starting in Q4.
Manufacturing Rivian R2: A New Chapter in Electric SUVs
Rivian's new R2 SUV, priced at $57,990, aims to capture a broader market with its compact size and robust features. The R2, smaller than the R1S, offers a dual-motor setup with 656 horsepower and a range of 330 miles.
Manufacturing Tesla Cuts Model Y Price in India to Boost Demand
Tesla has reduced the price of its Model Y in India by up to Rs 9 lakh, aiming to boost demand in a market where high prices have limited its appeal. The move positions the Model Y closer to mass-market premium vehicles, potentially widening Tesla's customer base.