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...
If Volkswagen faces difficulties, Audi will likely struggle as well. Reports indicate that the Ingolstadt manufacturer plans to cut thousands of jobs. Factory closures, wage cuts,...
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...
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...
German Economy Minister Robert Habeck said Berlin is looking for ways to support carmaker Volkswagen, which has announced job cuts and potential factory shutdowns in Germany....
Thousands of workers in Brussels protested today due to the announced closure of the Volkswagen factory there, where the luxury model of the electric Audi is...
The US National Highway Traffic Safety Administration (NHTSA) announced that it has opened an investigation into 781,459 Stellantis vehicles because it suspects that their engine could...
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...
Toyota is reportedly slashing its target for total EV sales by 2026, with automakers reportedly slashing that target by as much as a third. Toyota officially...
Chinese electric vehicle giant BYD has announced plans to open a car manufacturing facility in Pakistan, where it will also start selling three models through a...
The Japanese company Honda Motor states that it increased its profit in the first quarter by 23 percent, and this was influenced by the weaker yen...
In recent years, battery factories (or plans for them) have sprung up like mushrooms. Mercedes-Benz is taking a step back in that area because, for the...
A big boost for Tesla is that it is allowed to expand its German factory near Berlin. The local environmental authorities have given the green light...
The EV startup Fisker has officially filed for bankruptcy. The company filed for Chapter 11 in Delaware on June 17 with estimated assets ranging between $500...
BMW cancels an order worth no less than 2 billion euros with the European battery manufacturer Northvolt. The two also want to work together in the...
VW and Renault have ended their talks about developing an affordable EV together, according to a new report from Reuters. This would essentially have meant VW would...
Prosecutors in the United States are investigating whether Tesla misled consumers and shareholders about the capabilities of its self-driving cars. Three insiders reported this to the Reuters...
Elon Musk has been spotted on a flight to China. According to Reuters news agency, citing insiders, the Tesla CEO is trying to meet senior officials...
Earlier today, Reuters came out with a report claiming that Tesla cancelled its “low-cost car” plans; this $25,000 or thereabouts EV has long been referred to as...
Things are messing up at Fisker. The American EV manufacturer is now forced to halt production for six weeks, and bankruptcy is still looming. For Fisker, the...
Fisker is not doing well financially, and that is why it is looking for an established name in the automotive industry to collaborate with. Fisker may...
Car rental company Hertz is replacing 20,000 electric cars in the US with models with a combustion engine. According to Hertz, the early retirement of EVs...
A recent Reuters investigation exposed how Tesla knowingly installed faulty components in its electric vehicles and then charged customers for repairs, brushing off responsibility by blaming...
Volkswagen is on the eve of a huge round of savings. This is evident from reporting from not the least party: Reuters. Volkswagen CEO Thomas Schäfer is said...
Sometime in the second half of this decade, Volkswagen will launch an affordable electric car. This compact electric newcomer should have a starting price of around...
General Motors, the company behind Chevrolet, Cadillac, and previously Opel (which is now owned by Stellantis) has acquired American Tooling & Equipment International (TEI), reports Reuters....
Mercedes recorded a 6.8 percent lower profit in the third quarter, reports Reuters. The annual forecast is not really adjusted, but the German brand is now aiming...