Porsche faces 2026 sales struggles, closing four Chinese dealerships to combat declining revenue and high operational costs. The facilities in Wuhu, Jining, Huai’an, and Nanning concluded...
The Italian manufacturer of luxury sports cars, Ferrari, recorded a sales success in the Chinese market with its new Luce model, the first fully electric sedan...
Porsche wants to move production of the Cayenne from Slovakia to Germany, reports the German newspaper Frankfurter Allgemeine Zeitung. The German carmaker aims to make better...
Mercedes-Benz has been forced to tighten austerity measures, and the latest measure is the postponement of an extraordinary payment to workers agreed by the collective agreement....
Polestar has announced that it will no longer sell cars in the United States starting with the 2027 model year. As reported by Motor1, the US...
Among cars, Porsche symbolizes luxury, speed and power. The company’s shareholders, however, are furious at the dire business results and accuse the management of turning the...
The second-generation Ford Edge is an American mid-range SUV that was offered in Europe from 2016 to 2021 and was rather unsuccessful, with only 44,748 units...
BMW announced that it is preparing for talks with employee representatives after the company lowered its forecast for business results and announced increased cost rationalization measures....
German auto giant Volkswagen Group is on track to cut 50,000 jobs by 2030, Chief Executive Officer Oliver Blume said at the company’s annual meeting on...
BMW has lowered its profitability forecast for this year and announced further cost cuts, warning that deteriorating demand in China is seriously affecting the carmaker’s business...
There was complete panic in Wolfsburg over a 177-page document outlining the BCG consulting firm’s transformation concept. In an internal survey conducted at the end of...
Just weeks after Honda announced the cancellation of three planned electric models for North America and posted losses of roughly $15.7 billion due to its electric...
According to Automotive News, China’s BYD is enquiring about Maserati after BYD Executive Vice President Stella Li told reporters that companies like Maserati are “very interesting”....
Lotus already launched a hybrid version of the Eletre model in China earlier this year, and now this variant has arrived in Europe. The Eletre X...
Automotive group Stellantis has announced that it currently has no plans to expand its partnerships with Jaguar Land Rover (JLR) and Tata Motors to the European...
Xiaomi Group has announced financial results for the first quarter of 2026. The company’s smart electric vehicles (EVs) and artificial intelligence innovation segment generated revenue of...
The problem with a recall is that it is only effective if the remedy gets released before the incident you were attempting to stop. Following two...
British driver Lewis Hamilton said that he has no intention of ending his career soon and revealed that he has a contract with the Ferrari team...
Peugeot unveils important plans, including a special newcomer: the shooting brake that Peugeot recently showed in China is also coming our way. There is a lot...
The Stellantis factory in Rennes-La Janais will soon produce at least one model of the Chinese Dongfeng Group, intended for the European market. Also, the Stellantis...
Since the Cadillac XT5 has been around for so long, the rest of the midsize luxury SUV market has moved on to more advanced technology and...
Aston Martin has existed for 113 years and has gone bankrupt seven times. Just a few weeks ago, the company was forced to accept another emergency...
A few years ago, mocking Chinese cars was almost a mandatory part of every automotive discussion. They mocked their strange names, flashy designs, the abundance of...
Lotus is well on its way to becoming fully electric but is changing course. There is now even a brand-new supercar with a V8 in the...
After experiencing a huge loss of nearly 16 billion dollars last year and announcing the closure of two factories in China, Honda continues to slide downwards...
The company Stellantis NV (“Stellantis”) has announced that with the company Zhejiang Leapmotor Technology Co., Ltd (“Leapmotor”) are exploring expanding their strategic partnership through a series...
BMW today maintained financial guidance for 2026 despite a sharp drop in first-quarter net profit, down 23 percent year-on-year to 1.67 billion euros, as the company...
Nissan will close one of two production lines at its plant in Sunderland (UK) as part of a cost-cutting program that will see the Japanese company...
Deliveries from sports car manufacturer Ferrari were disrupted in the first quarter by the Iran war. Normally, Ferraris sell well around the Persian Gulf, but the...
Japanese carmaker Toyota Motor reported a drop in vehicle sales worldwide for the second month in a row, mainly due to lower demand in the Middle...