17 November 2025
17 November 2025
India’s light vehicle wholesale figures for September increased by 15% month-on-month to 437k units, reports GlobalData.
chantellepartridge November 17 2025
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The move comes as the company plans to reduce reliance on components produced in China amid deteriorating US–China ties.
The cuts will be implemented in phases, starting with a voluntary separation programme.
The move is part of a strategy that emphasises electrification and preserving product value through ongoing software updates.
The government has set aside over Won15tn ($10.2bn) for the auto sector.
Alongside the investment, FedEx has placed an initial order for 53 Harbinger vehicles.
Construction of second battery-powered LCV plant underway nearby.
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