Toyota has announced the end of production for its affordable Corolla Axio sedan and Fielder wagon in Japan, marking the conclusion of the E160 generation’s 13-year run.
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This section brings you news reports from around the world, covering global events, politics, economy, and more. Stay informed with the latest international updates and developments.
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Honda-Nissan Merger Called Off: What Led to the Breakdown?
The highly anticipated merger between Japanese automotive giants Honda and Nissan has officially been abandoned, just weeks after the signing of a Memorandum of Understanding (MoU).
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Xiaomi to Begin Exporting Electric Vehicles Worldwide Soon
Xiaomi Auto is taking a bold step in its global electric vehicle (EV) expansion by partnering with Hyperion Leasing (Tianjin), a subsidiary of the state-owned Sinomach, to export its EVs.
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Elon Musk Dismisses Interest in TikTok Acquisition Rumors
Billionaire entrepreneur Elon Musk has made it clear that he has no intention of purchasing TikTok, the immensely popular short-video platform that has been under scrutiny in the United States due to security concerns related to its Chinese parent company, ByteDance.
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Geely and DeepSeek Join Forces to Transform Smart Cars with AI
Geely Auto and DeepSeek have announced the successful integration of their artificial intelligence (AI) models. This collaboration is set to revolutionize the smart vehicle industry by enhancing human-computer interaction and improving intelligent driving capabilities.
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China Files WTO Complaint Against US Tariff Measures
Beijing, February 6, 2025 – China has officially approached the World Trade Organization (WTO) to challenge the latest tariff measures imposed by the United States on goods originating from China.
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Toyota GR Unveils Upgraded Corolla with Automatic Transmission
Toyota Gazoo Racing (TGR) has introduced the evolved GR Corolla in Japan, featuring improved performance and an all-new automatic transmission option.
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1500 HP Xiaomi SU7 Ultra Spotted Ahead of March Launch
Xiaomi’s high-performance SU7 Ultra electric sedans, delivering an astonishing 1,526 horsepower, have been sighted at the company’s Beijing factory, hinting at the imminent commencement of mass production.
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India Budget 2025: Time Limit Extended for Updated Tax Returns
India has introduced a significant amendment in its Budget 2025 by extending the time limit for filing an updated income tax return from 24 months to 48 months.
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India Budget 2025: New Personal Tax Regime, Revised Tax Slabs
India has introduced significant changes to the personal tax regime in its Budget 2025, aimed at providing relief to the middle class. The revised tax structure is designed to reduce the financial burden on individuals, thereby encouraging greater disposable income, boosting household spending, and enhancing savings.
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