Workers’ representatives at Audi have said they will support the opening of a factory in the United States only if management provides long-term guarantees for jobs...
Porsche is considering moving parts of its car assembly process to the United States. The German sports car manufacturer hopes to soften the impact of US...
Japan’s Toyota is the world’s largest automaker – and also the auto industry’s biggest loser when it comes to projected losses from US President Donald Trump’s...
US President Donald Trump has signed two orders to reduce the negative impact of tariffs on cars, offering manufacturers cost refunds and exemptions from additional duties...
Analysts say Italian luxury sports car maker Ferrari will not suffer a major hit to sales and profits in the United States, regardless of what new...
According to financial results published by the electric carmaker on Tuesday, Tesla’s profits have plummeted in the first three months of this year. Tesla booked a...
Japan is considering revising its car safety criteria in order to reach a trade agreement with the United States, Japanese business newspaper Nikkei reported on Sunday....
Ford Motor Co. said it has halted deliveries of its SUVs, pickup trucks, and sports cars to China as it begins to face heat from retaliatory...
US President Donald Trump has suggested granting the auto industry a temporary exemption from the tariffs he previously imposed, allowing manufacturers time to adjust their supply...
Following last week’s announcement of the temporary closure of a factory in Windsor, Canada, the Stellantis Group has announced that its Jeep factory in Toluca, southern Mexico, will be...
Jaguar Land Rover will pause exports to the United States in April due to US President Donald Trump’s import duties on cars not built in the...
The attacks on Tesla vehicles and showrooms have led to several follow-up actions. Many Tesla owners are attempting to sell their vehicles, and showroom employees have...
The European Commission is investigating what possible concessions Brussels is prepared to make to the American government of Donald Trump to make him partially abandon the...
European carmakers are under pressure on the stock markets on Thursday as investors react to US President Donald Trump’s announcement to impose 25 percent import duties...
Ferrari said Thursday it would raise prices by 10% on certain models after April 1 in response to new U.S. tariffs, adding up to $50,000 to...
Tesla owners are feeling the wrath of many over the political transformation of the company’s founder and CEO, Elon Musk, and it seems that many of...
A big fuss has been made in the US. Namely, it seems that the US government was planning to award Tesla a major contract for the...
The import duties that President Donald Trump intends to impose on foreign cars will severely impact the Volkswagen Group, along with Hyundai, Kia, and Mercedes-Benz. These...
Ferrari reported on Tuesday a significant increase in full-year net profit, attributing it to a robust product mix and a growing demand for personalized features in...
Top German corporations are beginning to sever connections with Tesla over Elon Musk’s political actions and recent remarks regarding German politics. Investors are increasingly worried about...
Volkswagen issued a strong warning on Tuesday regarding the serious economic consequences of tariffs proposed by US President Donald Trump on imports from Mexico. As a...
The new US President Donald Trump may not have to impose higher tariffs on Chinese vehicle imports. Namely, the outgoing Biden administration has given him a...
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...
Hyundai Motor Group from South Korea has declared a record investment of 16 billion euros aimed at strengthening the development of electric vehicles and artificial intelligence...
Tesla has reached an impressive standing in the stock market, surpassing the collective worth of all other car brands globally. As trading wrapped up on Wall...
General Motors plans to sell its $2.6 billion stake in a Michigan electric vehicle battery plant to its joint venture partner LG Energy Solutions. According to...
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...
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...