April 30, 2025: Global & Pakistani Auto Industry – Major Recalls, New EV Launches, and Market Shakeups
👤 Author: Soban | The Drive Hub 🚗 Global Auto Industry Highlights – April 30, 2025 🔧 Stellantis Suspends 2025 Outlook Following Sales Slump Stellantis has made a major move by withdrawing its 2025 financial forecast, following a 20% decline in sales across North America. The company points to growing market uncertainty and recent U.S. tariffs as the main drivers behind the decision. “Our current priority is maintaining operational flexibility,” a Stellantis spokesperson said. 🚨 GM Issues Global Recall Over Engine Defects General Motors has announced a worldwide recall over engine issues that could compromise vehicle safety. The recall impacts various models in multiple regions, and affected owners are being notified to arrange prompt inspections and necessary repairs. 📉 Volkswagen Profits Fall 37% in Q1 Volkswagen has revealed a 37% drop in its profits for the first quarter, citing higher logistics expenses, ongoing tariff-related challenges, and a decline in electric ve...