11 February 2026
11 February 2026
With subsidies suspended across a wide range of regions, Light Vehicle sales in China recorded negative growth in December.
The market last month was supported by the timing of this year’s Lunar New Year holidays.
Company reportedly considering selling its stake in the JV on lower forecasts for US BEV sales.
Under the programme, the Indian automaker will deploy Mobileye’s SuperVision and Surround platforms, both powered by the supplier’s EyeQ6 High system-on-chip.
Losses to be reversed with launch of new CX-5 in Q4 FY26.
Japanese automaker blamed fall on US tariffs and changes in US BEV policy.
The Chinese automotive supplier said the new “automatic mode” responds to rising pressures on chassis design as European fleets shift toward heavier SUVs and battery-electric vehicles.
The French automaker and Volvo Group together hold a combined 90% stake in the commercial vehicle venture, with each owning 45%.
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