” Overseas Express “
Australia’s luxury car tax may be scrapped following EU trade deal
Australia-EU FTA talks have resumed, or Australia’s 33% luxury car tax (LCT) may be abolished, lowering the price of high-end cars in Europe.Negotiations will also focus on agricultural exports, but the EU has concerns about competition from Australia’s meat, and the repeal of the LCT will be phased in to avoid volatility in the used car market.Australia’s trade minister said the two sides are committed to resolving the remaining issues and an agreement is expected to be reached within weeks.The move is aimed at boosting bilateral economic cooperation in response to global changes
Musk calls on EU to approve Tesla FSD technology
Tesla CEO Musk took to social media platforms to call on European regulators to approve Tesla’s Fully Self-Driving (FSD) technology as soon as possible, saying delays jeopardize safety.Tesla is preparing for the June 22 launch of its Robotaxi service in Austin, and has scaled up unsupervised FSD testing.In addition, Tesla has filed another trademark application for “Tesla Robotaxi”.Musk also called for accelerating the development of self-driving regulations and promoting the harmonization of regulatory standards.
Domestic car companies’ export rankings in May: BYD jumps to second place
According to the eCar List, the list of domestic car companies’ export volume in May was released.Chery ranked first in May and January-May exports with 100,658 units, while BYD ranked second in May with 84,068 units, up 124.2 percent year-on-year.SAIC Passenger Vehicle ranked third with 51,330 units, and the top three exporters from January to May were Chery, BYD and SAIC Passenger Vehicle.China is expected to remain the world’s top exporter of passenger cars.
Japan’s new car sales up 4% in May
New car sales in Japan reached 324,064 units in May, up 4% from a year earlier, according to the Japan Automobile Manufacturers Association.New-vehicle sales for the first five months rose 11 percent year-on-year to 1,952,294 units.Among them, Toyota’s sales increased 16%, Daihatsu’s sales surged 150% and Mazda’s increased 18%, while Honda’s and Nissan’s sales declined 4% and 11% respectively.Overseas brands accounted for only 4%, mainly German brands
Trump says he may raise auto tariffs
U.S. President Donald Trump has said he may raise auto tariffs to boost the U.S. domestic auto manufacturing industry.The comments came as he signed a bill ending California’s 2035 ban on gasoline vehicles.The bill’s passage was seen as a victory by automakers and oil companies, but plans to raise tariffs could heighten tensions with trading partners
Japanese car export prices for North America plummet in May
The price index for Japan’s passenger car exports to North America plunged 18.9% year-on-year in May, according to data released by the Bank of Japan, Nikkei News reported.The U.S. imposed a 25% tariff on imported cars in April, and Japanese car companies may bear the cost of the tariff by reducing their revenues in order to curb the increase in local selling prices.Japan’s auto exports to the U.S. will be worth about $40 billion in 2024, accounting for 28% of its total exports to the U.S.
European EV Charging Costs in 2024 Report: highest in Germany, lowest in Turkey
According to Switcher.ie research, the cost of charging electric vehicles in Europe in 2024 varies significantly.Germany’s single charge cost of 25.73 euros, 7.06 euros per 100 kilometers, the highest in Europe; Turkey’s single charge only 4.05 euros, the lowest cost.The average single charge cost in Europe is 13.83 euros, 3.79 euros per 100 kilometers, which is still about 70% lower than traditional fuel vehicles.Despite the high cost of charging in Germany, overall pure electric vehicle sales in Europe are growing strongly, reaching 759,415 units in the first four months of this year, up 28% year-on-year
Zero Motors’ export sales exceeded 17,000 units in January-May, and global stores exceeded 1,500
Zero Run Auto 2025’s cumulative export sales from January to May exceeded 17,200 units, ranking first among China’s new power brands.As of June 10, the total number of Zero Run Auto’s global stores exceeded 1,500, of which 942 are in mainland China, covering 286 cities.In addition, Zero Run has also established more than 600 outlets in 24 international markets, including Europe, the Middle East, Africa and Asia-Pacific.2026 Zero Run C16 will go on sale in the middle to end of this month, with a new five-seat version and a pre-sale price of 169,800 yuan.
GM plans to invest $4 billion to upgrade U.S. plants
GM Chief Financial Officer Paul Jacobson said the company plans to invest $4 billion in upgrading three U.S. plants in response to the Trump administration’s tariff policies and increased consumer demand for gasoline vehicles.The investment will boost production flexibility and is expected to produce gasoline-powered full-size SUVs and light-duty pickup trucks at the Orion Assembly plant in Michigan starting in 2027.
Source:Digital Outbound
