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...
Chinese company Xiaomi has confirmed that 100,000 units of the SU7 electric car have rolled off the production line at its factory in Beijing. This milestone...
According to Reuters, Toyota plans to manufacture at least 2.5 million vehicles annually in China by 2030. This major change aims to integrate its sales and...
In a struggling automotive world, Ferrari is in good health with profits increasing, despite slightly lower deliveries. The crisis? Where? We’re not going to go back...
China has completed a 157.79-kilometre-long, four-lane highway with minimal human intervention. This expressway is an extension of the Beijing-Hong Kong-Macau Expressway, connecting Beijing to Hebei. The...
Nissan, the Japanese car manufacturer, announced today that it will be cutting 9,000 jobs as part of emergency measures in response to difficult market conditions. This...
BMW encountered significant difficulties in the third quarter, primarily due to declining sales, particularly in China, along with multiple recalls. Sales revenues fell by almost 16...
Challenging times are ahead for the German automotive industry. Since Volkswagen management wants to cancel bonuses for all workers and reduce wages, the question arises as...
Xiaomi has finally unveiled the production version of its highly anticipated SU7 Ultra. This high-performance electric sedan is set to challenge established players. Xiaomi SU7 Ultra...
Volkswagen employees are planning to strike on Monday to protest the company’s plans to close factories in Germany. Union leaders will inform workers at 11 German...
Porsche wants to save billions in the coming years after a slower-than-expected switch to electric cars and continued weakness in the Chinese market. One of the...
Mercedes-Benz is to do more to rein in costs. The German carmaker suffers from fierce competition in China and persistently weak demand for luxury cars and...
General Motors (GM) CEO Mary Barra confirmed in an interview with The New York Times that the company will start making a profit on its electric vehicles...
Tesla may face delays in bringing its Full Self-Driving technology to China due to regulatory hurdles, potentially impacting the projected first-quarter 2025 launch. Tesla’s FSD is...
BMW, which had been doing well up until now, is starting to hit a rough patch in China, its main market. Mercedes is not doing any...
The Volkswagen Group reports a 7% drop in global deliveries in the third quarter, showing the extent of the challenges facing the European automotive sector. Europe’s...
Stellantis confirmed CEO Carlos Tavares will step down when his contract expires in early 2026 and announced major changes to senior management as it struggles to...
Volvo announces that it has produced more than 100,000 units of the EX30 SUV. In August, the Swedish model was the second best-selling electric car in...
Xiaomi SU7 has already achieved success, but the company wants to double the production. Xiaomi has always stood out for its value for money offering a...
The European car industry is in turmoil. Sales of new cars are lagging and there are also major concerns about how much should be invested in...
The European Union plans to vote on Oct. 4 on whether to impose tariffs of as much as 45 percent on imported electric vehicles (EVs) made...
Volkswagen warns investors that sales and profitability will be lower this year than the German car company had previously estimated. This is partly due to disappointing...
The management of the Volkswagen company has started negotiations with union representatives about wages in the shadow of the announcement of layoffs and closing of factories...
The US administration of President Joe Biden is set to ban the sale of cars that contain technology from countries deemed “of concern,” such as China...
Shares of Mercedes-Benz fell by eight percent today after the company lowered its earnings expectations for 2024 due to weaker demand in China. The company forecasts...
Hans Dieter Pötsch, Chairman of the Supervisory Board of Volkswagen AG, is urging the EU to relax emissions standards quickly. According to Pötsch, this is not...
The European Union is set to slightly reduce its proposed increase in import duties on Chinese-made EVs from Tesla and other automakers. This is reported by Bloomberg...
Hyundai is setting ambitious goals to accelerate its growth, particularly in the electric vehicle market, as unveiled during its 2024 CEO Investor Day. The company’s new strategy,...
Tesla’s CEO Elon Musk has stated on numerous occasions earlier this year that the company is on track to bring Full Self-Driving (FSD) to the European...
Things are in turmoil at Volkswagen. Now that the German brand wants to close factories for the first time in its history, Volkswagen’s financial director is...