Ford CEO Jim Farley has issued a direct public call to bar Chinese electric vehicles from the US market, stating the country 'should not let them into our country.' The statement marks one of the most explicit positions taken by a major US automaker executive on the question of Chinese EV market access. Farley's remarks land as the Biden administration's tariffs on Chinese EVs, raised to 100% in 2024, remain in place, and as Washington debates longer-term trade architecture around electric vehicles. Ford competes directly in the EV segment with models including the Mustang Mach-E and F-150 Lightning, giving Farley's position a clear commercial dimension alongside any policy argument. Chinese manufacturers such as BYD have expanded aggressively in global markets, and their potential US entry is widely viewed as a structural pricing threat to domestic OEMs. The near-term question is whether Farley's public pressure shifts the political calculus in Congress or the executive branch on EV-specific trade measures going into the next policy cycle.
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Maruti Suzuki crossed two lakh domestic units in July 2026 for the first time, recording 42.4% year-on-year growth. Total sales including exports and OEM supplies reached 2,41,421 units, with all passenger vehicle segments posting gains.
Air India's net loss more than doubled to ₹22,238 crore in FY26, prompting Tata Sons chairman N Chandrasekaran to extend the Vihaan.AI turnaround timeline from five years to as long as a decade.
UpGrad's all-stock acquisition of Unacademy, valued at Rs 1,955 crore, is set to close within three weeks after CCI clearance and near-complete investor sign-offs. The deal combines upGrad's upskilling business with Unacademy's test prep and medical education platforms, with Gaurav Munjal staying on as CEO.
