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Porsche recalls 24,467 2017-2021 Panamera , Panamera 4, Panamera GTS, Panamera Turbo vehicles in US, Bentley recalls 650 2020 Continental GT, Continental GTC vehicles in US; vehicles recalled due to possible short circuit issue in external coolant pump

Mazda to limit production of entry-level Mazda 2 to 2,000 units per month in Mexican market as it prepares to launch three more models in the country before 2025; Mazda is seeking 9% market share in Mexico, up from 4.4% market share in 2022

Lexus expects India to become second biggest Asia Pacific automotive market by 2025; Lexus looking to double its sales in India in 2023 following 76% annual growth in 2022

Volvo Car USA reports sales January sales up 8.2% from a year ago at 7,693 cars, with BEV sales increasing 80.1% from a year ago; sales in the Americas Region up 15% year-over-year to 10,130 cars, with Recharge units accounting for 40% of sales

Volvo reportedly planning to roll-out six new battery EVs by 2026, convert entire lineup to fully electric by 2030 reports Reuters; plans include new luxury EV van intended for Asian market

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