German automakers used to offer a wide range of variants across their models. However, in recent years, the focus has shifted to efficiency and cost savings....
Ford is keen to counter the challenge from China’s auto industry, yet it relies on China’s technical know-how to succeed, as stated by its CEO. John...
Tesla reported that fourth-quarter earnings and revenue fell below analysts’ predictions. Here’s how the company compared to estimates: – Earnings per share: 73 cents (adjusted) compared...
Mercedes-Benz has sued the European Commission over tariffs on electric car imports from China, joining BMW, Tesla, and a group of Chinese companies. Mercedes-Benz has also...
Thanks to the CO2 quota trade, Tesla could collect more than a billion euros. And for that, you don’t even need to sell a single car!...
Tesla, BMW, and Chinese companies SAIC, Geely, and BYD are contesting the EU’s extra customs duties on electric car imports from China by filing a lawsuit...
Porsche confirmed its 2024 earnings forecast of a 14-15% profit margin in a call with investors and said it expected 2025 to remain challenging, according to...
Ineos Automotive announced that production of the Grenadier rugged SUV and Grenadier Quartermaster pickup truck has resumed at its vehicle plant in Hambach, France. Production was...
Porsche could reverse its decision to make the second-generation Macan SUV exclusively electric. This is amid one of the most difficult periods in the brand’s history....
Chinese officials and automakers are seriously considering buying German factories that could be closed and are particularly interested in Volkswagen plants. Buying the factory from Volkswagen...
Global sales of electric cars rose 25 percent last year, with growth in China and decline in Europe. A record 17.1 million battery electric vehicles, excluding...
Sales of all types of electric vehicles in China rose by more than 40 percent last year, while sales of gasoline cars declined, industry data showed....
German car brands Audi, BMW, and Mercedes-Benz saw their sales decline last year due to weak demand, particularly from China. They have lost popularity as consumers...
Mercedes-Benz is experiencing difficulties in China. The launch of the all-electric CLA sedan, tailored for the Chinese market, has been postponed from April to August due...
Global sales of Volkswagen brand cars fell last year, as fewer cars were sold, especially in China, due to fierce competition from Chinese car brands. According...
Mazda is intensifying its electrification plans. The Japanese automaker has unveiled plans to establish a manufacturing plant in Japan dedicated to the production of batteries for...
For decades, they felt secure, but now anxiety grips Porsche workers as job loss fears permeate the company. Porsche is encountering serious difficulties, putting up to...
Mercedes needs to save more than five billion euros by 2027 and has already started implementing a package of measures that is very different from, say...
Volkswagen AG has established a deal with union leaders that will lead to the elimination of 35,000 jobs in Germany by 2030. This move is anticipated to...
Porsche aims for 80% of its sales to stem from electric vehicles by 2030, yet it reportedly struggles to electrify its product lineup. As a result,...
Xiaomi’s SU7 has achieved remarkable success, with over 100,000 units delivered in just a few months. CEO Lei Jun has announced that the next model, YU7,...
The fate of Volkswagen’s factories in Germany hangs in the balance as the company faces profitability challenges. Earlier this month, a significant strike halted Volkswagen’s assembly...
In early October, a regular online meeting of Nissan Motors managers with CEO Makoto Uchida did not go well—business was worse than expected and the Japanese...
A report from the Commercial Times, referencing the South China Morning Post, shares that as the US and EU ramp up sanctions on Chinese electric vehicles...
Nissan is urgently seeking a new shareholder as long-term partner Renault begins to reduce its stake in the ailing Japanese carmaker. “We have 12 to 14...
As various automakers vie to create the best electric vehicles, Toyota remains hesitant about the market’s complete shift to battery-powered cars. Instead, the Japanese automotive giant...
Ford announced on Wednesday that it would be laying off approximately 14% of its European workforce. The company attributed this decision to significant losses in recent...
The import tariffs that Donald Trump may impose during his presidency will affect more than just Chinese manufacturers. Experts warn that German carmakers could also lose...
South Korean carmaker Kia expects tough market conditions in the near future, partly due to government policies, but will stick to its goal of selling 1.6...
The current generation of the Lexus ES was introduced in 2018, and three years later, it received a facelift. The company is not yet planning to...