Tesla increased its profit in the first quarter of this year, after the electric car manufacturer struggled with lower sales and higher costs last year. The...
VW Group continues to suffer from weak sales figures internationally, particularly in China and the United States, the German carmaker said in Wolfsburg. Globally, this reduced...
The European Commission is working on changes to the rules, and American automakers believe it will prevent the sale of their pickups in Europe. US automakers...
Since Donald Trump became the US president, electric cars are out, and powerful petrol cars are in. In the meantime, the entire electric strategy of former...
Aston Martin is cutting up to 20 percent of its workforce. The company, which employs approximately 3,000 people, has been hit by US and Chinese import...
Germany is one of the most open European markets for electric cars, but new research shows that enthusiasm for electricity does not mean enthusiasm for all...
Without a reduction in the cost of US import duties, Volkswagen cannot build a planned new Audi factory in the United States. CEO Oliver Blume issued...
Canadians are more likely to choose cars built in countries other than the US. The share of cars from US factories in total imports has even...
Weak sales in China and the United States slowed Volkswagen Group deliveries in 2025, with the group delivering nearly 9 million vehicles worldwide, down 0.5% from...
SpaceX is currently electrifying its fleet of “service” vehicles, and conveniently enough, there’s a certain electric car and truck manufacturer within the Musk family perfectly suited...
Ford Motor Co. said it will write down $19.5 billion and abandon several planned electric vehicle models, the most drastic move yet in the auto industry’s...
Sales of Tesla vehicles in the United States fell in November to the lowest level in nearly four years, despite the introduction of new, cheaper versions...
South Korean automobile import taxes were reduced from 25% to 15% by US President Donald Trump. Hyundai and General Motors, two automakers, will particularly benefit from...
The tense crisis between China and the Netherlands over control of a key chipmaker has entered a phase of easing tensions, after Amsterdam suspended a controversial...
There have been high expectations for electric versions of successful pickup trucks; however, the reality has been somewhat disappointing. The Ford F-150 Lightning is now even...
Audi’s profit more than doubled in the third quarter, largely thanks to a very weak performance in the same period last year, according to the manufacturer’s...
After months of intense negotiations marked by high-stakes discussions and strategic diplomacy, the United States and South Korea reached a significant milestone on Wednesday by finalizing...
In preparation for US President Donald Trump’s visit to Japan later this month, the Japanese government is exploring ways to express goodwill. According to recent reports,...
Tesla has announced a remarkable 12% surge in revenue for the third quarter, signaling a robust recovery after experiencing two back-to-back quarters of decline. This revitalizing...
Stellantis plans to invest $10 billion in the United States to strengthen its presence in a key market and mitigate the effects of tariffs imposed by...
The 15 percent tariff on cars from Japan, which US President Donald Trump introduced as part of a trade agreement with Japan, will take effect tomorrow,...
Billionaire Elon Musk bought Tesla shares worth about a billion dollars, and after the announcement, the company’s shares, which have had growth problems this year, jumped...
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...