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...
On December 12th, Volkswagen finished producing its iconic VR6 engine after nearly 34 years. Throughout this period, around 1.87 million VR6 engines were manufactured. This significant...
In Singapore, the entry-level BMW X1 is priced at nearly 175,000 euros. It’s important to note that every brand faces these “insane” pricing challenges in this...
Stellantis and Chinese battery giant CATL have announced plans to jointly build a €4.1 billion lithium iron phosphate (LFP) battery factory in Spain. The 50-50 joint...
Porsche has changed its plans and now claims it will develop new combustion engine derivatives for its models to meet customer demand as sales of all-electric...
The Toyota GR Supra doesn’t have much time left. Toyota has announced a special farewell edition of its sporty coupe, bidding the car goodbye. This is...
The Toyota factory located in Valenciennes, France, has achieved a remarkable milestone, producing five million cars since it began operations. Celebrating this achievement, the 5 millionth...
Mercedes-Benz is implementing significant cost reductions in response to declining business performance. “In the coming years, we will reduce our costs by several billion euros per...
Geely wants to restructure part of its business to reduce costs. One of its brands, Zeekr, is expected to buy its cousin, Lynk&Co, by taking 51%...
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...
Hyundai Motor Company has named its current COO as CEO. Jose Muñoz will take over as CEO of the Korean auto giant from January 1. Spanish-American...
Ford wants to reduce working hours at its Cologne plant. The reason is the disappointing demand for electric cars, which according to Ford is ‘significantly lower...
The American car rental company Hertz has reported significant losses in the past quarter, primarily due to a failed investment in electric vehicles. The net loss...
At the end of October, the Japanese manufacturer achieved a milestone of producing 1.5 million cars with its innovative e-Power hybrid system, which is part of...
Stellantis is a huge global concern that brings together numerous manufacturers around the world. The crisis is felt, and the first stitches are already bursting in...
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...
The final import duties on Chinese electric cars are coming and Chinese manufacturers are preparing for it. There were a lot more Chinese EVs heading to...
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...
Stellantis’s factory outputs fell in 2024, partly due to the need to clear inventory in the United States. However, the situation was tense enough for the...
Despite revising its electrification plans, Volvo continues to lobby Europe to maintain the ban on sales of combustion vehicles by 2035. Manufacturers such as Stellantis and...
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...
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...
Geely CEO Gan Jiayue revealed that a new generation of plug-in hybrid systems called Thor will be launched within a year. The Geely boss promised 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 CEO of Stellantis, Carlos Tavares, is convinced that if he wants to succeed, this group must adopt a new low-cost business approach to bridge trade...
Honda announced the return of the legendary name and model – Prelude, and now an interesting piece of information has appeared. It is known that the...
Ford has already discontinued numerous models (Fiesta, Mondeo), and the Focus will be retired in 2025. Why is Ford getting rid of its cars? Because it’s...
Mercedes is one of the top players in the auto industry. Its existence is crucial for the German automotive sector, and that’s why many are beginning...
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...